Released on: August 6, 2008, 1:10 am

Press Release Author: Andrew Warren

Industry: Healthcare

Press Release Summary: In an effort to assist clients in finding lower cost, more
effective health insurance plans, more health insurance agents, like Andrew Warren
of Simple HSA Plans, are turning to health savings accounts as a solution,

Press Release Body: FOR IMMEDIATE RELEASE

Health Insurance Agents Are Concentrating on HSA Plans

Andrew Warren, a California health insurance agent has, as have so many other agents
all over the country, decided to concentrate his efforts on HSA plans.

As health insurance premiums continue to rise and coverage continues to fall, agents
are looking for plans offering greater value for their clients. Health Savings
Accounts, seem to be the answer and here\'s why:

On January 1 2004, in answer to the rapidly rising cost of health insurance and the
loud cries about our rapidly failing health insurance system, the United States
Congress signed into law, an innovative solution, called an HSA.

The initials "HSA" stand for Health Savings Account and it is composed of two elements:

The first part is a high deductible health insurance plan, one that is "qualified"
under the guidelines set down by Congress and the IRS and second, an interest
bearing, Tax-exempt bank account.

The high deductible health insurance plan is designed to cover only the more
expensive, even catastrophic medical costs, while the savings, or investment account
is there to cover the lesser expenses, from doctor visits to prescriptions.

Funds deposited into the account belong to the plan\'s owner, to use as he sees fit,
provided the expenses are drawn on items designated as allowable medical expenses,
as defined by the Internal Revenue Service, but these allowable expenses are far
more liberal and broader in scope than one would expect to find in a typical health
insurance plan.

For instance, eye care, dental, prescriptions and even many over-the-counter items
are acceptable as tax-free medical expenses and can be paid for from a health
savings account.

In addition to creating a system which lowers health care costs by leaving the
insurance companies liable for only major health costs, and giving the account owner
greater choice and control of his own medical expenditures, HSAs have a definite tax
advantage.

A policy holder can deduct all all funds (up to the allowable limit) made to his HSA
from his gross income. Ignoring, even the substantial savings in the cost of the
plan, the tax benefits alone make this an appealing solution.

In your HSA account, money not spent on any given year rolls over to the next and
all funds remaining in the account can be willed to a beneficiary upon the death of
the policy holder.

The American Health Care System still has its problems, but the creation of Health
Savings Account Plans, simple HSAs, has improved the system greatly and health
insurance agents like Andrew have begun to concentrate their efforts on offering
this kind of plan to their clients.

Simple HSA Plans of California was created with one purpose in mind. That purpose is
to change the way you view your health insurance. High deductible plans aren't new,
however, since 2004 they have emerged, through the Heath Savings Account into one of
the best plans individuals and groups can have.

Andrew Warren
14577 Stage Rd #1
La Mirada, CA 90638
Phone: (714) 561-7576
Fax: (866) 665-7276
CA License #0G09083

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Web Site: http://simplehsaplans.com

Contact Details: Andrew Warren
14577 Stage Rd #1
La Mirada, CA 90638
Phone: (714) 561-7576
Fax: (866) 665-7276
CA License #0G09083