|Life & Health Insurance Agency|
|Contact Us | About Us | HSA? | Find Your Doctor | State Resources|
3 Easy Steps to Health Insurance:
Fastest Policy YTD- same day
1. Select a Plan.
2. Submit online or over-the-phone application.
3. Receive an offer or notice of decline from the insurance company.
We are the complete opposite of most insurance agencies. Most will sell you the best coverage possible because without it, you could suffer considerable loss, or that's the fear factor that make this type of selling successful. The Utah Insurance Group does want to help you insure what's important to you, however, there is no point in paying unessasary amounts to the insurance companies. We know how expensive health insruance has become. Cost saving health strategies but still having the necessary coverage is one of our specialties. Knowing which life insurance companies will give you the best rates for your hereditary and health situation is what we do best.
Want great coverage that makes sense financially? The Utah Insurance Group will give you the facts and information that you need to get insured and feel good about it. We're changing the insurance agent stereotype one client at a time. It's now your turn. Call anytime between 9AM to 9PM and be directed to an available agent that can honestly help you and answer your questions.
|Available when you are: 7AM-9PM Tel.801.336.4295 Fax.801.951.4974 Mailing Address: 1241 S 4350 W Syracuse, UT 84075|
We love HSAs and so will you. There are two pasts to an HSA: the HSA qualified high deductible health plan and the health savings account (the hsa). You can have the health plan without the HSA, but no HSA with having a qualified health plan. The savings come from two areas. First, your monthly insurance premiums will be much less due to having a higher deductible health plan. Second, you can pay your health related expenses through your HSA tax free.
Examples: The Jack and Jill family pay $775 monthly for a 500 deductible 80/20 coinsurance copay plan. They can change to a HSA qualified plan with a 10,000 deductible for $240 a month. That's a premium savings of $6,420 a year. If the Jack and Jill family has less than $6,420 in medical expenses over the course of the year, they win by being on a HSA. If their expenses are over that amount, they lose. However, when was the last time that your family has paid that much for healthcare in a single year? If the answer is "never even close to that much!", then you should do an HSA. The win/loss break even point is even higher than the $6,420 when you take into account the deductible and coinsurance of the copay plan.
Paying your medical expenses through your HSA shelters your money from tax so you have more to spend. This is a dumb example but it gets the point across. Let's say you have $5,000 you earned and would like to use it for medical expenses. If you put that money into an HSA, all $5,000 can be put towards medical expenses. If you don't have an HSA, the $5,000 will be taxed. So $5,000 taxed at a rate of 25% leaves you with $3,750 to use for medical expenses. Thus, the same amount of money earned has 33% more buying power when used through the HSA.
|HIPUtah: The Utah Comprehensive Health Insurance Pool - Provides health insurance to people with serious medical conditions, such as cancer, diabetes, heart disease, and other chronic illnesses, that made them unable to obtain health insurance at any price.
CHIP: Children's Health Insurance Program- Provides health insurance for the uninsured children of families who qualify.
PCN: Primary Care Network- Provides primary preventive health coverage for uninsured adults.
Medicaid: Provides medical assistance to low-income families, children, pregnangt women, and disabled and elderly individuals.
UPP: Utah's PRemium Partnership for Health Insurance - Provides families with a monthly premium reimbursement when a previously uninsured individual or family enrolls in an employer health plan.
Utah Clicks: Utah Clicks allows families to apply online for the following programs: Baby Watch, Baby Your Baby, Children with Special Health Care Needs (CSHCN), Early Health Start and Head Start.
*The above information was gathered from Utah Health Dept. and the Utah Insurance Dept. This information is provided as a . Utah Insurance Group does not endorse nor represent these programs. Utah Insurance Group is not advertising these programs for gain. Please refer to the appropriate department link for additional information.
©2012 Utah Insurance Group