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Health Savings Account Limits

Health Savings Account Limits

 

Think you might be interested in a Health Savings Account? The IRS has released the calendar year 2010 inflation adjusted amounts for health savings accounts - you should be knowledgeable of these limits before making any major decision on purchasing a health savings account.

The 2010 annual limitation on tax deductions is currently $3,050 for self-only coverage, and $6,150 for family coverage. The minimum deductible under an annual high deductible health insurance plan is $1,200 for self-only coverage, and $2,400 for family coverage. The 2010 out of pocket expenses (such as deductibles, co-pays, and other expenses) for a high deductible insurance plan cannot exceed $5,950 for self-only coverage or $11,900 for family coverage.

If you’re aware of these recent limit updates, and still think you can benefit form a health savings account, then great! HealthQuotesUSA.com can help you find the perfect Health Savings Account for you at the click of a button. Our knowledgeable experts are happy to answer your questions and offer you advice on different types of HSAs, whether it via our toll free number or by email. Customer service is our top priority and we are committed to helping you find the perfect Health Savings Account for you.

Compare competitive quotes from top insurance providers to find the best rate and coverage for your needs. Our knowledgeable and friendly staff are always available to answer any questions you have or explain the coverage limitations.

Health Savings Accounts are rapidly growing in popularity. In today’s economy, it can be hard to find extra money for things like health insurance. Nevertheless, it is extremely important to have up to date health coverage. Should an unexpected emergency arise, you want to make sure you and your family are taken care of. A Health Savings Account can accomplish that without breaking the bank like some traditional health insurance plans might do. The money in your Health Savings Account will roll over at the end of the year if not used, providing you with an extra cushion for your healthcare services. Even better, your Health Savings Account is tax free!

Review quotes from top insurance companies today to find the best Health Savings Account for you.





 

We also have 4 part-time brokers serving their local markets. Michael in Michigan, Derek in Kentucky, Jack in Texas and Jared in Indiana.

 

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