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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

Content is the opinion of the author and does not represent the position of any other person or entity. Information is from sources believed to be reliable but cannot be guaranteed.

The author is paid for product endorsements and has an ownership or other financial interest in the businesses related to the topics covered.

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ValueMed insurance with HSA

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If in doubt, please send a new question or ask for an update.

Q: My employer just raised the deductible on our HSA type group health insurance to $5000. If I sign up for both the ValueMed and ValueHealth plan to get more coverage, can I still be eligible for the HSA deduction?

A: Yes, ValueMed and ValueHealth are low cost supplemental health insurance plans that pay cash benefits to you and do permit you to remain eligible for a Health Savings Account even if your total insurance benefit is more than your total expenses. The price for each of these averages about $50 per month for most people under age 50. Click "Fast Quote" at and then select your state to check availability, prices and details of this coverage.


More resources:
ValueMed insurance plan ValueHealth insurance plan