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If you’re like me and don’t really “use” your health insurance, consider an HSA plan to save money on monthly premiums.  I have had the insurance for a year and a half, and the only part I’ve used is the dental coverage.  I figured since I don’t really use it, do I really need a lower deductible?  I changed my deductible from $1,000 to $1,750, and switched to an HSA plan.  My premium went down by about 25%.

HSA = Health Savings Account.  In a nutshell – you sock money away into an HSA (bank account), and use this money to pay down your deductible, pay doctor copays, prescriptions, contact lenses, daycare, and a whole slew of other medical-related costs.  The best part?  Contributions to an HSA are tax-deductible (limitations apply – talk to your accountant).

HSA plans through Blue Cross Blue Shield now cover one doctor visit copay ($20) per person, per year.  Before this changed, a doc visit was completely out-of-pocket, which could be more than $100 each time.

This newer feature now gives HSA policyholders more peace of mind, and the ability to still go to the doctor once annually for a checkup, and it only costs $20 bucks.

You know who to call with questions.  Even some employer-sponsored health plans have HSA options. When your annual enrollment comes up, let me know if I can help you decide on the right plan for you.