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Ecelectic Health Affiliate Insurance Brokerages

Our medical insurance specialists can help you create a comprehensive health strategy by combining our Integrative Wellness Discount Card™ with an affordable health insurance plan.

We can also help you set up a personal Health Savings Account (HSA) or Health Reimbursement Arrangement (HRA) with your employer — redirecting premium dollars in ways that put YOU in charge of your ongoing health maintenance.

It’s as easy as 1-2-3...

	Staying healthy Use this card to get discounts on all your wellness needs, from routine health maintenance to the pursuit of your wellness potential.
	Insuring medical risk Use this card to get discounts on all your traditional medical needs, and once you meet your deductible the plan pays for 80-100% of all your medical expenses in case of a serious illness or injury.
	Saving for the future Use this card to pay for medical expenses not covered by your insurance plan. The money you deposit into your HSA is tax deferred and can even be invested (e.g. mutual funds) to get a higher yield. When you retire you can draw from your principle just like an IRA!

What about cost?

Would you believe a plan like this could cut your premiums in half compared to a traditional PPO or HMO? It’s true! What makes it possible (and rational) for individuals and families to switch to a major medical plan is the Health Savings Account (HSA) created by Congress in 2004. By saving your own dollars for ongoing health maintenance, you can use your health insurance for exactly that – insurance!

Why does this make sense? Consider this. Do you make a claim on your auto insurance policy every time you change the oil or rotate the tires? Do you make a claim on your home insurance policy every time you fix a leaky faucet? Of course not. If you did we’d all suffer from the high premiums.

In fact using insurance for ongoing health maintenance is one reason premiums have become so unaffordable. Each time we visit the doctor for a “just-in-case” consultation and then make a claim on our insurance policy, we contribute to the rise in premiums for everyone. However this should NEVER disuade us from getting the treatment we think we need — so it's a paradox!

There is a better way. Get control of your money. Reduce your premiums by switching to a major medical plan and begin taking responsibility for your own health maintenance. The insurance plan will still be there for you in case of serious illness or injury, and can even help reduce the costs of medical expenses you incur along the way. By making the switch to an HSA-compatible medical plan you could save up to 60% on your health premiums!

Of course your premium for any individual / family insurance plan is determined by a variety of factors including age, where you live, your occupation, and your health history. But if you're part of a group plan, you're guaranteed issue! Click the link below to request a free consultation from one of our insurance agents.

How do HSA's work?

HSA's could be described as a hybrid between a personal savings and checking account. Your principal earns interest like a savings account, but with a debit card and checkbook it functions like a checking account. Whatever medical expenses you incur that are not covered by your insurance plan can be paid for using funds from your HSA (see IRS Publications 502 and 969 for a list of qualifying medical expenses). You can even use your HSA to pay for prevention and treatments with alternative health practitioners, with no one hounding you from your insurance company.

If you’re relatively healthy — and statistically speaking 75-80% of us fall in this category — the HSA is a great way to make the shift to a high-deductible insurance plan. Rather than all those premium dollars going out the window, the money you save in your HSA is your money. You can even invest your HSA funds into a higher yield vehicle such as mutual funds!

Those dollars not only create your own medical expense account, but also act as a legitimate “tax shelter” by reducing your taxable income. Either you or your employer can contribute to your HSA (an annual amount not to exceed your deductible), and you can draw from the account without penalty whenever you pay for qualified medical expenses not covered by your insurance plan. Whatever remains in the account after you reach age 65 can be withdrawn for any reason without penalty. This characteristic is what earned HSA's the nickname of being “medical IRA’s”.