Health Savings Accounts Offer California Insurance Customers Freedom and Efficiency

Released on: August 24, 2008, 10:02 pm

Press Release Author: Matt's Health Insurance Services

Industry: Financial

Press Release Summary: Local California insurance company offers guidance and
service in selecting an HSA policy. Can a health savings account meet your family's
insurance and healthcare needs?

Press Release Body: Matt's Health Insurance Services, a licensed independent Blue
Cross / Blue Shield of California provider, offers a rapid online quote service for
California insurance consumers seeking information on Health Savings Accounts (HSAs)
and the lowered rates and more attractive policies offered by this type of plan.

Insurance consumers-particularly the self-employed-are interested in the lower costs
and increased efficiency of HSAs. These federally-mandated investment vehicles
enable consumers to save and earn tax-free dollars that can prevent them from the
ill effects of catastrophic medical problems. Additionally, the freedom of these
self-directed plans frees California insurance consumers from restrictive policies
and "preferred" networks of many major insurance providers. It's estimated that the
number of families using HSAs for their medical needs in 2010 will be 3500 % of 2004
levels. Yes, that number is correct: 14 million consumers are headed toward HSA
coverage by 2010. Those numbers paint a clear picture: HSAs fulfill a need felt by
many consumers on the American insurance landscape.

Economically, health savings accounts allow for tax-free medical savings.
Additionally, earnings on HSAs are tax-free, whether they're invested in stable
money market accounts or risky stock and real estate ventures. And owners of HSA
policies are free to visit whichever doctors, specialists, and hospitals they
prefer-and to choose to undergo whichever procedures they see as necessary to their
continued health.

For more information, consumers can visit the health savings account section of
Matt's Health Insurance Services online at http://www.mattsinsurance4ca.com. A
five-minute online form provides all the information necessary for you to receive a
rapid response from a licensed professional California insurance provider.

For more information, visit http://www.mattsinsurance4ca.com



Web Site: http://www.mattsinsurance4ca.com

Contact Details: 9280 Bay Plaza Blvd Suite 706
Tampa, FL 33619
1.813.600.3017

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