The New Zero Deductible HSA!

OK.  So there's no zero deductible HSA...or is there?  I'm often asked why more people don't have an HSA.  Most of the time it's because they or their employer aren't aware that it exists or they're immediately turned off by the high deductible.  But, those that have an open mind and actually think about it realize the deductible is quite small.   Let's assume you get a $5000 deductible HSA plan for your family.  The first thing you should understand is that deductible is usually one combined deductible for the WHOLE family -- NOT EACH as the case is with many plans.  So, how do we make this plan a zero-deductible hsa plan?  Put $5,000 into the savings account (and get a tax deduction of course).  Now when you go to the doctor you don't pay any money out of pocket.  The first $5,000 of bills comes out of the savings account (insurance provided by you) and then the insurance provided by the insurance company kicks in.  So, to get a good comparison take the premium you pay to the insurance company and the amount to fully fund the HSA and compare that to what you're currently paying.  So, why pay $800 per month for a true $0 deductible insurance plan because they're not going to give you money back if you don't get sick, but with an HSA the money is yours and grows tax-free if used properly.  Our office can help you get a hsa-qualified health plan in place and we can help open the HSA itself.