Best rates GUARANTEED

Free Assistance 866-344-8061

Arizona health insurance   HSA's in Arizona

Health Savings Accounts for Arizona

Health savings accounts (HSAs) continue to have appeal for consumers who are looking to combine health insurance with a savings account that has tax and savings benefits. Money deposited into the account (a maximum of $3100 for an individual and $6250 for a family per calendar year 2012, up slightly from the previous year ) is tax deferred, tax deductible and generates income while in the account. The money can be withdrawn to pay medical, dental and vision expenses without any tax penalty. It cannot be used to pay the monthly premiums, however, without being considered income.

The HSAs grew out off the Archer Medical Savings (MSA) plans which were aimed only people who were self-employed and had other restrictions on them. HSAs were heavily pushed by President George W. Bush as part of his health reform initiative. The thinking was that it would give consumers more control over health care costs.

There are mechanisms in place to set up the HSA. The carrier usually has a relationship with a bank, but you don't have to use that bank. Most banks, including your own, probably, are equipped to establish HSAs and maintain them. Keep in mind that service fees for maintaining the HSAs, as well as the interest rate that the HSA pays, can vary from bank to bank, so it may pay to shop around.

When comparing HSAs to preferred provider organization-type plans (PPOs), which is the most popular type of insurance, a couple of key differences emerge. In general the HSAs are leaner plans in terms of benefits and have higher deductibles. While many PPOs have a fixed office visit co-pay (you know you will pay $30 to see a general practitioner who may charge two or three times that to the man who walks in off the street), usually with the HSAs you have to meet the deductible before the plan pays anything (with most plans "wellness" visits and immunizations, however, are covered at no charge, much like the PPOs). Many families with small children seem more comfortable with a PPO, because they know what a doctor's visit for, say, strep throat is going to cost up front.

The two types of plans handle the deductible differently for families. HSAs have one family deductible that applies to everyone in the family. If in a family of four under a plan with a $4000 deductible has a member who incurs $4000 in medical expenses, then the whole family has met the deductible for the year, no matter how many family members there are. If two members incur $1500 in expenses, and a third member incurs $1000, again the family has incurred expenses for everyone.

PPO plans handle the deductible differently. Either two or three people (depending on the plan) have to meet the deductible individually, before everyone else on the plan is covered. The medical expenses they incur are applied only to their part of the deductible. Once the deductible has been met, the family members are only responsible for the co-pay for their expenses, up to a maximum co-pay amount.

With some HSAs, after the deductible has been met, then the insurance pays 100 percent on such expenses on in-patient care and the prescription benefit, but usually there is no co-pay. Because of the way the deductible is set up, the expenses that the consumer incurs directly are higher than with a typical PPO, because he or she is paying everything out of pocket before the deductible is met.

At the end of the day, you're the one has to decide if the attractions of the HSA, with its relatively higher deductibles and leaner benefits, balancing out not having the option of the office and prescription benefit.
 

You can run your Arizona HSA Health Quote here to view rates and plans side by side from the major carriers...Free.

Again, there is absolutely no cost to you for our services.  Call 866-344-8061 Today!

YOU MAY STILL BE
ABLE TO ENROLL

In just 15 minutes:

  • - Get Maximum Tax Credit
  • - Choose from top carriers and plans
  • - Apply quickly by phone!




Call 866-344-8061

Our Services are FREE to You!

Need Help
With Account

We can help you:

  • -Quote across top carriers and plans
  • -Make sure the right info is used
  • -Pick and Enroll in coverage
  • -Help with membership issues

Call to Enroll over the Phone in 15 Minutes

If Your Income
Is In This Range

Current Year Estimate; All that file on one 1040:


Single Person: $11k - $47k
2 People $16k - $63k
3 People $20k - $79k
4 People $24k - $95k

Call 866-344-8061 
and more

Countless Arizona Families
Hundreds of Arizona Businesses

SUCCESSFULLY
ENROLLED

Countless Arizona Families
Hundreds of Arizona Businesses

 

from Richard H

"You are highly recommended in my book!"

from Carlos R

"Thanks for your help in guiding us through the confusing maze of health insurance."

from Ashley P

"I'm glad I went through an agent instead of trying to do it on my own. You were a big help."

from David T

"Thank you for helping me save some money on my insurance. "

from Mandy S

"Your professionalism was appreciated.You really tried to find the best plan for the price. "

from VH

"I appreciate your help. So happy to have coverage finally!"

from SA

"Whew.   What a relief to have this done.  Thank you so MUCH!"

from MD

"You are the best!  This was so much easier than I expected"

SUCCESSFULLY
ENROLLED

 

Contact ArizonaPlans.com

To Get Started

You PICK...HOw do you want to start the process:

Click on the Instant Quote link and provide census information.  Stateside will respond with a proposal that outlines your various plan options with premium cost.

Call (866) 344-8061 (toll free) and speak with a licensed (and helpful) representative regarding your coverage, subsidy and enrollment questions.

Email us at help@arizonaplans.com with demographic information (date of birth, zip code and gender), and a proposal will be sent to you.

 
Request a 10 Minute Health Plan Check-up

We will quickly find you the best priced plan available on the market and check for tax credits

866-344-8061

 

800-344-8061

 Our Services are FREE to You

ArizonaPlans.com is a Walter Jarvis Insurance Services Website

This website is owned and operated by Walter Jarvis Insurance Services, which is solely responsible for its content.