Regence BlueShield   LifeWise of WA   HSA Plans     HSA Overview     Qualified Expenses   LifeWise HSA Plan   Regence HSA Plans   Individual Dental   Group Medical   Group Dental   Grp Life & Disability   About the Plan   Premiums   Application   US Citizens   Foreign Nationals   Long Term		(Available to Washington State Residents Only) HSA Plans — an affordable alternative in health care coverage for you and your family. What are HSA plans? Designed to work in combination with a Health Savings Account, HSA medical plans offer the best of both worlds. They provide a range of benefits to cover you in the event of major illness, giving you peace of mind for the future. Plus, their high deductibles keep premiums lower than conventional health plans. To view HSA insurance plans and rates, click here. What are Health Savings Accounts? Health Savings Accounts (HSAs) are special tax-deductible accounts used for paying medical expenses. They work hand-in-hand with a high deductible health plan. 100% of your contributions to the HSA are deductible or excludable from your gross income if they are used for qualified medical expenses. An HSA offers you a valuable opportunity to invest your HSA funds and grow them tax free to better support your future health care needs. HSAs are available to all individuals who: Are looking for additional investment opportunities Want to manage their health care plan and dollars Will not be simultaneously covered by another medical plan Greater control and savings An HSA is established through fully tax deductible contributions. For 2006 people with single coverage can contribute up to $2,850 tax free and those with family coverage can contribute up to $5,650 tax free. People over age 55 are allowed to contribute an extra $800 as a catch-up contribution in 2006. The contributions limits are increased each year. Health Savings Account Contributions are tax deductible You choose how funds are invested or spent Funds can be withdrawn tax-free to pay for qualified medical expenses with an HSA debit card or check Unused funds roll over year-to-year Interest or other earnings grow tax-deferred If you are interested in incorporating these features into your health care plan then an HSA might be the right choice for you. To view HSA insurance plans and rates, click here. E-mail us for more information and a free quote or CALL TOLL FREE 1-800-875-4490 (in the U.S.) or 1-253-854-0199 (outside the U.S.) Fax: 1-253-896-9411 Mailing address: Maddock & Associates, 1407 Willow Road E, Suite C, Tacoma, WA 98424 Serving all of Washington at 800-875-4490, Seattle at 206-682-1628, Bellevue at 425-454-6834, Kent at 253-854-0199 and Tacoma at 253-572-3291. Copyright© 1998-2008, Maddock & Associates  |  Privacy Statement Problems viewing this page? Contact the webmaster.