What are the benefits of having a high deductible health plan?
High deductible health plans often have lower monthly premiums, which can save you money in the long run.
Are there any tax advantages to having a high deductible plan?
Yes, you can contribute to a Health Savings Account (HSA) with a high deductible plan, which offers tax benefits.
What should I consider before choosing a high deductible plan?
Consider your health care needs, financial situation, and whether you can afford the deductible if unexpected medical expenses arise.
Can you explain how HSAs work with high deductible plans?
HSAs allow you to save money tax-free for medical expenses, and funds roll over year to year, making them a great option.
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