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HSAs

It’s All About Options.

Whether you’re looking for individual coverage or trying to decide which type of plan to choose for your employees, Big Valley Insurance Agency, Inc. can help you find a Health Insurance solution that meets the needs of everyone.

Health Savings Accounts (HSAs) are a newer alternative to Health Insurance and are meant for those who are insured under high-deductible Health Insurance plans. These plans allow individuals to set aside money to into a savings account that they can use overtime for medical expenses that are not covered under their high-deducible plan. With a standard HSA, you can do the following.

  1. Put money into your HSA (tax free)
  2. Watch your money grow (tax free)
  3. Take out money if needed for qualified medical expenses, including dental and vision (also tax free)

Advantages of HSAs

With a Health Savings Account, you get to control the amount of money that you wish to set aside for medical expenses. All deposits, growth, and withdrawals are all tax-free for your convenience, and most important, your money rolls over each year. Unlike flexible spending accounts, you don’t lose money when your policy renews. Whatever you put into your HSA keeps growing, tax-free.

Although there are limits to the amount of money in which you can deposit into your Health Savings Account each year, as well as qualifications, it’s a great way to help you have a lower premium, supply you with medical coverage if necessary, and help you save for your future medical needs.

Contact an insurance specialist at Big Valley Insurance Agency, Inc. today to learn more about how an HSA can benefit you.

Health Savings Account Video: 

 

Our Locations

Big Valley Insurance Agency, Inc. Tracy Office

1550 Tracy Blvd.
Tracy, CA 95376
Main office: 209-835-5253

Big Valley Insurance Agency, Inc. Lodi Office

310 S Crescent, Suite A
Lodi, CA 95240
Main office: 209-365-9600

Our Providers

Testimonials

There is always a very quick response to my concerns. We've done home equity loans and have to execute address changes; they always take care of things in short order.
Robert Sterning
I absolutely love the services they have provided for me. They do a yearly check that ultimately saves me money. They continuously make suggestions and seek improvement. I love the hands on service.
Matt Wisniewski
I have been using Big Valley Insurance for over 5 years now. They have the overall lowest prices combined with the best service. I love just being able to pick up the phone and talk to an actual person who actually cares. These guys are simply the best!
Tara George
They are very good at what they do. Very honest and hard working!
Ken Dryer