Archive for October, 2006

Can I “purchase” a Healthcare Savings Account without standard insurance coverage?

Tuesday, October 24th, 2006

Megan M asked: My family currently already has health insurance coverage but the company does not offer HSA’s. My husband owns his own incorporated company and wants to offer ONLY an HSA option and NO healthcare insurance. Is this possible? Basically, as a small business, can we purchase just an HSA without [...]

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I need information QUICKLY about Health Savings Accounts and High Deductible HealthPlans?

Sunday, October 22nd, 2006

MSH asked: With an effective date of November 1, my employer sprung on us this week that we are changing from a traditional insurance plan with low copays, etc. to a High Deductible Health Plan with an HSA. I have tons of questions and my employer and his insurance agent are pretty much useless. [...]

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Do I have to report withdrawals from my health savings account if my employer made the contribution?

Wednesday, October 18th, 2006

Bern asked: My employer opened a health savings account in 2007. I used those funds for medical bills in 2007. Do I have to report those withdrawals and if so, are they taxable?Shanell Laface

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HSA? Health Savings Account. I am 25 years, active in sports and the gym. Would you suggest it?

Saturday, October 7th, 2006

chris asked: Pros and Cons? Will it ultimately hurt me if I was to become seriously injured or hurt?Ann

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Health Savings Account Tax question?

Monday, October 2nd, 2006

Jman asked: I am doing my taxes and have become stuck at this point:
Enter the unreimbursed qualified medical expenses that relate to this 1099-sa
What are the “unreimbursed qualified medical expenses?”
Are they the things that I have paid for out of my own pocket and not used my HSA money for?Kyle Jasinski

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