Vision Fsa
Health Savings Accounts Explained
As an alternative to traditional health insurance plans, many individuals and business owners are turning to HSA’s for their health coverage – saving huge amounts on their medical premiums.
HSA’s have 2 parts: the HSA health insurance policy and the HSA bank account
1) The HSA health insurance policy is a very simple policy. It covers 80% of your medical expenses AFTER you’ve met your deductible. HSA plan deductibles are high – normally around $2000. Unlike traditional health insurance, there are no co-pays for doctor visits. ALL medical expenses (except an annual physical) are subject to the deductible – even doctor visits. By cutting out the “upfront benefits” most traditional health insurance plans offer, HSA insurance premiums are drastically lower.
2) The HSA bank account can be opened at your local bank or credit union. Any deposits you make to your HSA bank account are tax deductible, just like contributions to an IRA or 401k plan. The IRS allows you to deduct up to $3050 as an individual, or $6150 as a family for HSA contributions you make in 2010. *the best part is – you can pay for your medical, vision and dental expenses with your HSA savings (effectively using tax-free money). Your bank will give you a debit card and/or checks to use.
VERY IMPORTANT:
1) HSA accounts are NOT “use-it-or-lose-it” accounts like FSA (flexible spending accounts) that many employers offer. Any HSA dollars you don’t spend this year, will roll over to next year, and will continue to grow tax-deferred, just like an IRA or 401k. Many people use their HSA account as a retirement plan that they can make tax and penalty free withdrawals from when they have medical expenses.
2) You can NOT open an HSA bank account unless you have an HSA health insurance plan. HSA insurance policies always have the letters “HSA” in the policy name.
3) Individual HSA plans do not cover Rx Prescriptions or Maternity. Group HSA plans (employer sponsored plans) do cover Rx Prescriptions and Maternity (after the deductible has been met)
To find out if an HSA plan is right for you, give us a call at 360-464-1622 or visit http://www.wahealthagency.com
About the Author
Vernon Bonfield has been an independent insurance agent since 1994, specializing in health and dental insurance for individuals, families, and businesses. He is the owner of the Washington Health Insurance Agency located in Tumwater, WA
Sea Otter Classic 2010: FSA (FULL SPEED AHEAD) – VISION
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Vision by FSA Integrated Alloy Aero Bars Time Trial Triathlon 290mm 100mm New $165.00 |
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VISION FSA TT TRI PURSUIT AERO BARS TRIMAXPLUS 400MM $89.00 |
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BLACK FSA VISION SIZEMORE BLACK ROAD STEM, 100mm, 10 DEGREE RISE, 26.0 CLAMP $49.99 |
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FSA VISION AERO MAX Saddle Tri / TT / Road Bike Seat Saddle Titanium Black NEW $39.97 |
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FSA Vision Trimax aero alloy 170mm BB30 52/38T crankset brand new $20.00 |
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Vision Trimax Crankset, BB30, Tri Crank, Aero, Shimano, Sram, FSA, Crankset $150.00 |
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NEW FSA VISION DRINK DRINKING HYDRATION SYSTEM TT TRIATHLON 1L AEROBAR $124.99 |
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FSA VISION AERO MAX Saddle Tri / TT / Road Bike Seat Saddle Titanium White NEW $39.97 |
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FSA Vision TriMax Si Carbon J-Bd tri cycling bars (choose size) NEW $220.00 |
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NICE FSA VISION FULL SPEED AHEAD TIME TRIAL TT ROAD BIKE SADDLE $40.00 |
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HANDLEBAR FSA VISION TT CLIPON 31.8R-BND $191.58 |
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FSA Vision Tech Aero Brake Levers Triathlon TT Cycling $55.87 |
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VISION BY FSA Mini Clip-On Aero Alloy Bridge Riser + Hardware 670-3695 NEW $7.97 |
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FSA Vision Carbon Pro R Bend Clip-On 31.8 x 290mm NIB $250.00 |
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FSA Vision Carbon Pro J Bend Clip-On 31.8 x 250mm NIB $250.00 |
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HANDLEBAR FSA VISION Alloy T-MAX R 31.8x41mmR-BEND $323.98 |
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FSA Vision Tech Road Bike Stem – 26.0 X 90mm, 80 degrees $10.00 |
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FSA Vision TriMax Carbon TT BB30 Crankset 177.5mm – 42/54T S-10 $399.93 |
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Lot of 10 Stem Top Caps all different Bontrager FSA Dia Compe Vision Giant $12.95 |
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Vision Tech by FSA Aerobar Aero Riser Shims 12.5mm Black $7.99 |
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Vision Trimax Fsa team, alloy clip on aerobars, 31.8 $80.00 |
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CABLE BRAKE FSA INNER SS VISION HEAD $6.00 |
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FSA Vision aerobar, Vision stem, TRiMaxPlus aerobars 250mm used $1.25 |
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FSA Vision Sizemore stem 26 x 110 mm, 80 deg $39.00 |
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FSA Vision Tri MAX Pro Crankset, 175 w/ TT / Time Trial Chainrings $65.00 |
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FSA Vision Tri-Max Flat Wing Integrated Aero TT Bars Carbon $384.42 |
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Vision by FSA Integrated Alloy Aero Bars Time Trial Triathlon 270mm 90mm New $165.00 |
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FSA Vision Max Carbon Crank Set // 54/42 130 BCD TT Triathlon Race Bike Bicycle $26.00 |
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FSA Vision Road Stem // 26.0mm 70mm 10 deg CX Triathlon Bike Bicycle $0.99 |
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PAIR FSA Vision Brake Levers // Triathlon TT Road Extensions Bike Bicycle Race $7.50 |
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Vision by FSA Integrated Alloy Aero Bars Time Trial Triathlon 230mm 90mm New $165.00 |
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A Vision Shared FSA Photos 1935-1943 HB dj Many Photos $124.99 |
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NEW FSA Vision Road bike stem black 26.0 120mm 80 degree aluminium bicycle $59.00 |
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NEW FSA Vision Road bike stem black 26.0 110mm 80 degree aluminium bicycle $59.00 |
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2012 FSA Vision Alloy TriMax 31.8 X 41mm Clip On Aerobars. TT. *NEW + FREE SHIP* $279.99 |
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FSA Vision Tech Aero Brake Levers Triathlon TT Cycling $59.87 |
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New FSA Factory Mechanic Work Shirt White 2L/XXL Embroidered FSA/Vision/THIndus $24.99 |
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HANDLEBAR FSA VISION CARB-TTCLIP R 26.0R-BEND $249.99 |
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