Behavioral health insurance plans

Behavioral health insurance plans

http://insureme.us/behavioral-health-insurance-plans/

A Medical Savings Account or MSA is an option available to those who are self-employed as long as they have a high-deductible insurance plan or those who work for an employer with 50 or less employees. Medical savings accounts can be used along with your health insurance as long as it is your only insurance plan or as long as the deductible is high. All if not most of your medical costs can be paid from the MSA before reaching your deductible, except for premiums, unless you are between jobs and without income. One thing to note is that any money put into the MSA are tax-exempt and you get to keep any money that you don‘t spend. Money in the MSA can be also be withdrawn for non-medical expenses, but is subject to a 15 percent tax.