The Consumer's Guide to HSAs: Health Savings Accounts (Brick Tower Press Financial Guide)

By JoAnn Mills Laing and JOANN LAING MILLS

"Let's get the consumer in the game. The idea behind HSAs is a 'supercharged IRA' for health care...No other program is as tax advantaged." -John W. Snow, Treasury Secretary "...HSAs can drastically lower an employer's costs of providing employee health benefits. This may allow more small businesses to offer such benefits." -Fed Brock, The New York Times "These accounts give workers the security of insurance against major illness, the opportunity to save tax-free for routine health expenses, and the freedom of knowing you can take your account with you whenever you change jobs." -President George W. Bush "Laing's new book (The Small Business Guide to HSAs) lives up to its name...an excellent explanation of how HSAs work..." -Greg Scandlen, The New York Post A breakthrough in health care for employees and employers alike, HSAs stand for "Health Savings Accounts." As of January 1, 2004, HSAs are a new option from the U.S. government, similar to an IRA, offering individuals a new, tax-sheltered way to accumulate savings. Tax-free dollars in HSAs may be withdrawn instantly for qualified medical expenses, rolled over without penalty for spending in future years, or invested, to accumulate savings to pay for health needs after retirement. The Consumer's Guide to HSAs answers the question "What's in it for Me?" But responsibility doesn't stop there. You must read your medical reports, check statements, and count your pills carefully. Ask questions. Keep records for future use, and soon you will realize as much of the benefits of consumer-driven health care and HSAs as possible. JoAnn Mills Laing has a Harvard MBA and global work and living experience with four public companies (Sara Lee, Olivetti, Chase and Citigroup), as well as running her own ecommerce-based businesses. As chairman of Cybernautics, a premier Audience Development Company, she took the company from idea to profitability and its purchase/IPO (by U.S. Web). Laing is currently President of Information Strategies, Inc., a marketing and information firm based in Fort Lee, New Jersey. She oversees the management of an online editorial service that reaches more than 1.7 million readers each month, and consults with corporations. Ms. Laing has been studying the HSAs marketplace and regularly polling individuals and businesses about healthcare issues. Further, she manages www.HSAfinder.com, the complete independent source for information on Health Savings Accounts for individuals and employers. Ms. Laing is author of The Small Business Guide to HSAs.

• Format: Paperback
• Language: English
• ISBN: 1883283469
• ISBN13: 9781883283469
• Release Date: March 2001
• Publisher: Brick Tower Press
• Length: 204 Pages
• Weight: 0.55 lbs.
• Dimensions: 0.6" x 5.5" x 8.7"

Customer Reviews

No Health Savings Accounts for those on Social Security

I won't have much use for this book in the near future. It is not difficult to read and it's topic is a good one to look into, if you spend enough money on health care. Health Savings Accounts seem to be secure way to finance one's health care, especially with costs constantly rising. If you are on Social Security no go on the account.

Extremely important/informative info for all size businesses & employees too

Before reading this book I had only briefly heard about HSAs. Ms. Laing did an excellent job of making detailed information easy to understand and get through. I also quickly learned what I didn't know! Which was even more important. I've shared this book and info with others who were also confused about the various options. All have thanked me for sharing this resource I highly recommend you get this book if you want a quick and clear view of what HSAs and other similar sounding programs are all about. Ms. Laing will quickly clear up any confusion you might have had before

Everything you need to know about HSAs

This book is well written and easy to read. Provided me with all the information I needed to make an informed decision on HSAs. Recommend it highly.