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Health Savings Accounts - Alternative Medicine*

Many people in Colorado live a healthy lifestyle and may seldom use traditional medicine. The low premiums typically associated with with Health Savings Account (HSA) qualified major medical health insurance plans can help reward people that lead a healthy lifestyle while still providing a level of protection against the unforeseen.   

Health Savings Accounts can be used for more than the common covered expenses for things such as doctor fees, dentists, surgeons, many prescription medications, hospital services, qualified long-term care services, nursing services, and laboratory fees.  HSA qualified medical expenses* may also include fees paid to chiropractors, psychiatrists, psychologists, and Christian Science practitioners.  

Payments for acupuncture treatments or inpatient treatment at a center for alcohol or drug addiction may also be considered covered medical expenses. 

Vitamins or nutritional supplements are only considered a qualified medical expenses when they're recommended by a medical practitioner as treatment for a specific medical condition diagnosed by a physician. Please note this important limitation. 

Massage is a qualified expense if a physician or chiropractor recommends it, but not if someone just decides to seek it on their own. Likewise, Yoga or mind-body programs may count as qualified expenses when an authorized health care provider recommends them, but not when a person self-refers.

How to Find the Best HSA Qualified Health Plan
No one insurance company is the best in all situations.  Things like age, zip code, tobacco use and health history will influence which plan will be best for your specific needs.  

We will review HSA qualified plans from Colorado's top companies including Anthem Blue Cross Blue Shield, Humana, Aetna, Assurant Health, American Medical Security and UnitedHealthcare Golden Rule and more to help you find the best value on the right health plan.   Get a free personalized quote on an HSA qualified health plan. 

MORE HSA LEARNING RESOURCES >
HSA OVERVIEW
HSA QUALIFIED HEALTH PLANS
HSA BANKING OPTIONS
HSA MULTIMEDIA TUTORIAL
HSA QUALIFIED EXPENSES
HSA QUESTIONS AND ANSWERS
GET A QUOTE ON AN HSA QUALIFIED HEALTH PLAN

See IRS Publication 502 for a list of qualifying medical expenses. You may also reference the IRS HSA Questions and Answers bulletin and www.irs.gov or the or www.ustreas.gov web sites for clarification or confirmation of whether an expense is considered qualified by the IRS. HSA Qualified medical expense rulings are subject to change without notice and Colorado Health Insurance Brokers does not warranty the accuracy of the list of qualified medical expenses.  Colorado Health Insurance Brokers are not engaged in rendering tax, investment or legal advice. Federal and state regulations are subject to change. If tax, investment or legal advice is required, seek the services of a licensed professional.  

*Plans quoted by Colorado Health Insurance Brokers have the guaranteed best prices available.  Tell a friend today!

Colorado Health Insurance Brokers serves Individuals, Families and Small Businesses for their Colorado Health Insurance needs.