Find Health Savings Plans in NC Before Summer
Get the Protection You Need Before Going on Vacation
As summer rolls around, more and more North Carolinians will be heading to the beaches and going on family vacations. Unfortunately, this also means that more and more North Carolinians will suffer from illnesses or injuries related to their vacation activities. In order to help you and your family stay safe while keeping your budget intact, you should consider purchasing a health savings plan in NC before summer gets in full swing.
How a Health Savings Plan Saves You Money
A health savings account (HSA) is similar to a regular savings account, but slightly different. You make deposits into the account over the course of the year (up to $3,100 for a single account or up to $6,250 for a family account for tax year 2012). The funds that are deposited into the health savings plan are not subject to your annual income tax, yet they can be withdrawn and used for medical-related purposes. Therefore, if you make $45,000 per year and you deposit the full amount for a family account ($6,250), then your taxable income for the year will be $38,750, and this can have a major impact on the amount of your taxes.
Besides the obvious tax benefits provided by health savings plans, these types of medical supplemental plans can also help you save money on your monthly health insurance premiums. Here’s how – If you currently pay more per month to keep your deductibles low, you can reduce your premiums by choosing a less expensive policy with a higher deductible. Since you have a deductible to meet in both cases, why not pay for the slightly higher deductible using tax-exempt money while saving on your monthly premiums? A health savings plan allows you to do just that.
Why is It Important to Have a Health Savings Plan for Summer?
Summer is the time of year when all kinds of unexpected things happen. From food poisoning at the boardwalk to severe sunburn at the beach to the usual seasonal allergies, colds and flus, summer is when kids and adults require the most medical care. Having a tax-free supply of pre-saved funds ready and available will ensure that all of your non-covered medical bills will be paid for.
Best of all, you can use your health savings plan funds for any medically-related purchase you make, even if it’s aspirin, Band-Aids or over the counter sinus relief medicine. This ensures your medical purchases don’t dig into your pocket money so your vacation savings can be used for what you worked so hard all year for – to enjoy your summer vacation.
Don’t Let Summer Catch You Off Guard – Set Up a HSA Today
If you’re ready to take more control over your family’s health care needs, Schnitzer-Slate Insurance can help you obtain and set up a health savings plans in NC. Our experienced agents can help you initiate your heath savings account and then help you choose a higher-deductible insurance plan that will provide your family with great coverage for a less expensive monthly premium.
If you want to learn more about our health savings plans, or any of our other health, dental or life insurance plans, just visit our website at http://healthplannc.com/ or call us at 910-392-7020.
Get the Protection You Need Before Going on Vacation
As summer rolls around, more and more North Carolinians will be heading to the beaches and going on family vacations. Unfortunately, this also means that more and more North Carolinians will suffer from illnesses or injuries related to their vacation activities. In order to help you and your family stay safe while keeping your budget intact, you should consider purchasing a health savings plan in NC before summer gets in full swing.
How a Health Savings Plan Saves You Money
A health savings account (HSA) is similar to a regular savings account, but slightly different. You make deposits into the account over the course of the year (up to $3,100 for a single account or up to $6,250 for a family account for tax year 2012). The funds that are deposited into the health savings plan are not subject to your annual income tax, yet they can be withdrawn and used for medical-related purposes. Therefore, if you make $45,000 per year and you deposit the full amount for a family account ($6,250), then your taxable income for the year will be $38,750, and this can have a major impact on the amount of your taxes.
Besides the obvious tax benefits provided by health savings plans, these types of medical supplemental plans can also help you save money on your monthly health insurance premiums. Here’s how – If you currently pay more per month to keep your deductibles low, you can reduce your premiums by choosing a less expensive policy with a higher deductible. Since you have a deductible to meet in both cases, why not pay for the slightly higher deductible using tax-exempt money while saving on your monthly premiums? A health savings plan allows you to do just that.
Why is It Important to Have a Health Savings Plan for Summer?
Summer is the time of year when all kinds of unexpected things happen. From food poisoning at the boardwalk to severe sunburn at the beach to the usual seasonal allergies, colds and flus, summer is when kids and adults require the most medical care. Having a tax-free supply of pre-saved funds ready and available will ensure that all of your non-covered medical bills will be paid for.
Best of all, you can use your health savings plan funds for any medically-related purchase you make, even if it’s aspirin, Band-Aids or over the counter sinus relief medicine. This ensures your medical purchases don’t dig into your pocket money so your vacation savings can be used for what you worked so hard all year for – to enjoy your summer vacation.
Don’t Let Summer Catch You Off Guard – Set Up a HSA Today
If you’re ready to take more control over your family’s health care needs, Schnitzer-Slate Insurance can help you obtain and set up a health savings plans in NC. Our experienced agents can help you initiate your heath savings account and then help you choose a higher-deductible insurance plan that will provide your family with great coverage for a less expensive monthly premium.
If you want to learn more about our health savings plans, or any of our other health, dental or life insurance plans, just visit our website at http://healthplannc.com/ or call us at 910-392-7020.