Healthcare Savings Accounts (HSA)

Healthcare savings plans

A healthcare savings account, also known as an HSA, is a way of preparing for those unforeseen events. The savings are tax-deferred, meaning that that tax is not applied at the time of the deposit. In addition, the funds in a healthcare savings plan roll over and accumulate year after year if they are not spent, significantly reducing the cost of healthcare in the future.

Healthcare savings funds can also be used at any time can be used to pay for qualified medical expenses at any time without federal tax liability. This kind of insurance is often taken out by people in their early 30’s, as a safeguard against any eventualities that the future might bring.

“Many believe that the knock-on effect of HSAs is an improvement in the healthcare system and a reduction of healthcare costs.”

At QuoteRack.com, we understand that your ability to pay for your future healthcare costs is of paramount importance and that finding the right healthcare savings plan is essential. We can help you find the right HSA plan at the right cost and at the right time. Simply fill in the online enquiry form and your details will be passed to dedicated and expert finance and insurance specialists who specialise in HSA's. These professionals will then contact you with a quote. Once you have compared the services you are offered, you can then decide which HSA plan best suits your needs.