Individual & Family HSA Insurance Plans
HSA Individual & Family health insurance plans from RMHP allow members to contribute to a tax advantaged Health Savings Account (or HSA) used specifically to pay for qualified medical expenses. Because HSAs are not subject to federal income taxes, they allow members to budget for medical expenses wisely and confidently.
The benefits of the HSA Individual & Family health plans include covered prescriptions after the deductible is met as well as fully covered exams and preventative screenings without meeting the plan’s deductible.
Advantages of the Colorado Individual & Family HSA Health Insurance Plan
- Reduce your yearly taxable income by the money deposited into your Individual & Family HSA
- 100% tax deductible (to IRS maximum) deposits.
- Earn interest on money in the account until you need to use it.
- After age 65, the remaining money in the account can be used as retirement savings or allotted to cover medical expenses.