Search Results for 'hdhp'
How Does an HDHP Work?
How does an HDHP ( high deductible health plan) work? If the health insurance company doesn't pay any medical bills until you reach your deductible, why do I even need health insurance? I hear this quite often, but the logic escapes me. You probably carry automobile insurance, but the insurance policy doesn't pay anything until you [...]
What is an HDHP?
HDHP (high deductible health plan) is what it seems. No moving parts (in most cases). You pay the small medical bills, the policy pays the big ones. Pretty simple. Some (but not all) HDHP's are eligible for coupling with an HSA. Your insurance agent can tell you which plans are HSA compliant and which are not. The HDHP works like this. You [...]
Open Enrollment Group Health Insurance in Georgia
Those with group health insurance in Georgia that are making open enrollment decisions need to know the facts before signing up for next years benefits. Your adult children (yes, it is an odd term) over the age of 18 but less than 26 can be included on your plan . . . but this may not be the best option Children under the age of 19 may find [...]
Health Savings Account – HSA
A Health Savings Account (HSA) offers tax advantages and value for health insurance in Georgia. Fund out of pocket medical, dental and vision expenses with your HSA. Health Savings Accounts coupled with a high deductible health insurance plan (HDHP) have very few moving parts, are very easy to understand, and give the individual or family [...]
Georgia Health Savings Accounts Contribution Limits 2010
The contribution limits for Georgia Health Savings Accounts (HSA's) have changed for 2010. For 2009, the maximum can you can contribute to a Health Savings Account is a $3,000 for single coverage and $5,950 for family. Minimum HDHP deductibles are $1,150 (self-only coverage) or $2,300 (family coverage). For 2010, the maximum can you can [...]
