|
| |
Ginger Health: Goodness of Ginger Herb
Revered in the Orient for its powerful healing qualities and its culinary uses, Ginger has been in use since ages. A perennial herb, ginger is a greenish yellow rhizome. The botanical name of the spice is Zingiber Officinale. Ginger is been used ...
Health - Pregnancy & Weight Gain
Pregnancy Without Excess Weight Gain Many women find pregnancy extremely difficult to embrace. They love the idea of being a mother, starting or enlarging a family, but are turned off by the feeling of unattractiveness, weight gain, and being ...
New Health Miracle -- Pharmaceutical Grade Fish Oil
"High-dose pharmaceutical-grade fish oil is as close to a medical miracle as we will see in the 21st century." – Dr. Barry SearsDr. Barry Sears revolutionized nutritional thinking around the world with his 1995 landmark #1 New York Times best seller ...
|
|
|
| |
1. Choose an HSA-qualified plan for lower rate increases.
Average group health insurance premiums rose by 9.6% last year and rose over 10% for each of the previous six years. Individual plans went up even more. Yet I expect most HSA plans to experience much lower rate increases. A very large study was recently published showing that rate increases over the past year for consumer driven health plans such as HSA plans was only 3.4%. Blue Cross of Minnesota has reported that its HSA customers spent 8% less than their traditional insurance clients. Humana has reported claims' costs of 4.9% for consumer-driven plans, versus a 19.2% increase in claims for other plans. In fact, average HSA premiums for individuals have actually dropped 19.5% during 2005.
The reason these plans will have lower rate increases is that people who have HSA-qualifying hig h deductible health insurance plans are likely to pay closer attention to costs, and take better care of their health. For instance, an HSA owner offered a statin drug to lower her cholesterol may be more likely to request a generic version, or ask her doctor if inexpensive nutritional supplements such as niacin or fish oil may be a solution. These actions save the insurance company money and should result in lower rate increases.
2. Raise your deductible as your Health Savings Account grows.
When you fund your account you build up a financial "cushion" which allows you to raise your deductible as your account grows. Every time you raise your deductible, your premium should go down.
By the way, don't forget that every time you fund your account you get an instant tax-deduction. When you offset the tax savings against your premiums, you'll find your net cost for an HSA plan can be very low.
The maximum allowable contribution goes up every year with the rise of the Consumer Price Index. Final numbers are not out yet, but in 2006 we expect the individual contribution limit to go up to $2,700, and the family limit to be $5,450. So each year you can deposit greater amounts into your HSA and continue to raise your deductible, if you choose.
3. Stay healthy, so you can switch plans.
All health insurance plans have rate increases, and we've even seen premiums jump on some HSA plans. If a rate increase happens to you, you can switch to a different insurance company - but only if you pass their underwriting requirements. If chronic disease develops, you may be stuck with your current plan, and its accompanying rate increases, for eternity. Or at least it may seem that long...
If you pay attention to the pharmaceutical commercials, you learn lifestyle really has nothing to do with disease, and it is natural and healthy to be on many medications for the rest of your life, which will then solve your health problems.
If you pay attention to the science, you know the truth is quite different. It appears lifestyle is probably 95% of the picture, and we know the occurrence of degenerative disease can be dramatically reduced and even prevented.
Fortunately, I've found many of our customers are interested in wellness, and disease prevention. After all, they're paying for their own doctor visits if they do get sick. I also believe it is because HSA owners are "forward thinking" people, and like to plan for their future - both financial and physical. You can improve your odds of excellent health with just a few key habits:
Eat very high quantities of fresh vegetables and fruits. Shoot for 35% of your calories. This will lower your risk for diabetes, high blood pressure, heart disease, cancer, and more.
Limit your intake of sugar and starchy carbohydrates like bread and pasta. The majority of health problems in the U.S. are related to metabolic diseases that involve insulin resistance.
Exercise and lift weights. Exercise guru Jack La Lanne just turned 92 on September 26, and he says if you have muscles you never feel old.
4. Compare your plan to other available plans at least once a year, or whenever you get a rate increase.
Often-times people keep their plan much longer than they should, and end up paying much more than they should. If your rates go up, you can compare a wide variety of plans at http://www.HSAforAmerica.com/instant-quote.htm. If you have your coverage through HSA for America, we automatically do this analysis of available plans for you any time we are notified of rate increases.
To your health and wealth,
Wiley Long President - HSA for America
About the author:
Wi ley P. Long III Bio
|
|
|
|
|
|
|
|
 Experience Reigns, Not 'Change' - Wall Street Journal
WASHINGTON -- President-elect Barack Obama campaigned on the slogan of "change." But his early appointees, including two top choices that emerged Wednesday, show that experience is one of his main criteria. His choice for secretary of Health and ...
Global Change - Chicago Tribune
The recent commitments on global warming by U.S. President-elect Barack Obama mark a new beginning for world negotiations to replace the Kyoto Protocol, the head of the U.N.'s climate change body said Wednesday. Obama "indicated that he wants to show ...
Asia Follows Wall Street Lower; Nikkei Sinks Below 8000 - Wall Street Journal
SINGAPORE -- Asian share markets fell Thursday after a late-day slump on Wall Street, with the health of the banking and auto sectors still cause for much concern. "We haven't seen bargain-hunting because nobody knows whether anything is a bargain ...
OBAMA: "Subsidising Big Oil Makes No Sense" - Inter Press Service
GRAND RAPIDS, Michigan, Oct 3 (IPS) - Democratic presidential nominee Sen. Barack Obama sat down with IPS correspondent Bankole Thompson again on Thursday for a one-on-one interview in Grand Rapids, Michigan, where over 15,000 enthusiastic Obama ...
Paulson Defends Changes to Rescue Package - Washington Post
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke waged a stout defense on Capitol Hill Tuesday of their management of a $700 billion financial bailout. Treasury Secretary Henry M. Paulson Jr. defended his decisions on using ...
|
