| What is a Health Savings Account† (HSA)? |
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Blue Cross Blue Shield of Illinois is pleased to introduce BlueEdgeSM Individual HSA and BlueEdgeSM Individual HSA 5000, high deductible health insurance plans that are designed to be used with a Health Savings Account (HSA).
High deductible health insurance plans answer the need for reliable coverage with lower prices. They typically cost less than major medical plans with lower deductibles because your clients assume a greater share of the upfront cost of their health care expenses.
| †Please be reminded that Health Savings Accounts (HSA) have tax and legal ramifications. Blue Cross and Blue Shield of Illinois does not provide legal or tax advice, and nothing herein should be construed as legal or tax advice. These materials, and any tax-related statements in them, are not intended or written to be used, and cannot be used or relied on, for the purpose of avoiding tax penalties. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials. You should seek advice based on your particular circumstances from an independent tax advisor regarding the tax consequences of specific health insurance plans or products. |
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