3 Benefits of Having a Health Savings Account

In Lakewood, CO, the agents of Colling Insurance Services, Inc. offer information about health savings accounts to individuals who are looking for ideal ways to pay for some of their health and medical costs. Health savings accounts can have part of your paycheck direct deposited into it or you can add money whenever you choose.

No Tax

The money that goes into your health savings account is not taxable unless you use it for something other than a health or medical-related purchase. Money that is earmarked for your HSA account can be taken out prior to your wages being taxed.

Use It Any Time

Health savings accounts can be used at any time. You can use the money while you are on vacation or whenever you need to pay a co-pay or deductible. You will receive a debit card with your account that will provide you with easy access to your funds whenever you need them.

Covers Any Type of Medical or Health Related Cost

A health savings account will cover any health or medical-related cost. This includes costs associated with prescriptions and pre-existing conditions. The money can also be used to purchase vitamins and supplements, braces, and other items that are needed to provide direct care.

The agents of Colling Insurance Services, Inc. are dedicated to providing the residents of Lakewood, CO the best possible health insurance coverage at all times. Health insurance coverage can be confusing. With a health savings account, the agents can make it easy for you to cover many of your most unexpected health and medical expenses. Call your agent today to see if a health savings account is right for you.