ContentDesk) August 19, 2004 — UNICARE today announced it has arranged to have Health Savings Accounts (HSAs) provided by JPMorgan directly to eligible UNICARE members. Agent Jeff CLine redistributes this PR , and offers online insurance quotes for these products at www.PolicyStore.com or by phone toll free 866-526-9669 . UNICARE has arranged for ARCUS Financial, a division of ARCUS Enterprises, Inc., to provide services related to the opening and maintenance of these HSAs.
NICAR previously announced that it will be offering the High Deductible Health Plans (HDHPs)designed to be compatible with HSAs to individuals and group employees. HSA-enabling legislation became effective as part of the Medicare Prescription & Modernization Act signed by President Bush on December 8, 2003. Get online quotes at www.PolicyStore.com HSA’s are the latest ;consumer-driven; strategy for managing the rising costs of health care expenses.
SA’s allow individuals and families who have qualified HDHP’s to put aside money in a tax-exempt HSA account to cover their qualified medical expenses. Individuals who purchase or enroll in an HDHP can make a pre-tax annual contribution to an HSA of up to $2,600 with families allowed a maximum contribution of $5,150. Individual purchasers are not eligible for an HSA if they qualify for Medicare, are covered under another person’s tax return or are covered as an individual, spouse or dependent under another comprehensive health plan that is not an HDHP. Find Plan descriptions at www.


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