Individual & Family Medical Insurance
We can help you find a medical insurance plan that fits your budget, from a plan that offers generous coverage to a high-deductible plan designed primarily to protect your family from the cost of catastrophic illness or injury. These plans meet the requirements of the Affordable Care Act health care reform law so you won’t have to pay a penalty.
You can also buy supplemental insurance plans that will pay some of the costs your health insurance plan won’t cover. These include hospitalization insurance (or hospital indemnity insurance), critical illness insurance, and long-term care insurance. These supplemental insurance plans will pay benefits if you are hospitalized, suffer from a covered illness, or require long-term care.
Medical insurance plans with full coverage fall into three major categories:
Only individuals with an eligible high-deductible health plans and no other health insurance can have an HSA. You use account balances to pay for qualified health expenses and funds can accumulate from year to year.
Some employers fund their employees’ HSAs–employer contributions to an HSA are not considered taxable income. Contributions you make, up to the annual maximum, are tax deductible. Withdrawals used for eligible medical expenses are not taxable, and interest on your funds is also not taxable.