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HSAs

It’s All About Options

Whether you’re looking for individual coverage or trying to decide which type of plan to choose for your employees, Tango, Tango & Tango Inc. can help you find a Health Insurance solution that meets the needs of everyone.

Health Savings Accounts (HSAs) are a newer alternative to Health Insurance and are meant for those who are insured under high-deductible Health Insurance plans. These plans allow individuals to set aside money into a savings account that they can use over time for medical expenses that are not covered under their high-deductible plan. With a standard HSA, you can do the following.

  1. Put money into your HSA (tax free)
  2. Watch your money grow (tax free)
  3. Take out money if needed for qualified medical expenses, including dental and vision (also tax free)

Advantages of HSAs

With a Health Savings Account, you get to control the amount of money that you wish to set aside for medical expenses. All deposits, growth, and withdrawals are all tax-free for your convenience, and most important, your money rolls over each year. Unlike flexible spending accounts, you don’t lose money when your policy renews. Whatever you put into your HSA keeps growing, tax-free.

Although there are limits to the amount of money in which you can deposit to your Health Savings Account each year, as well as qualifications, it’s a great way to help you have a lower premium, supply you with medical coverage if necessary, and help you save for your future medical needs.

Contact an insurance specialist at Tango, Tango & Tango Inc. today to learn more about how an HSA can benefit you.

Our Locations

Commack Location

1139 Jericho Turnpike, Suite 5
Commack, NY 11725
Main office: 631-823-7032
Fax: 1-631-938-0700

Rockaway Park Location

114-5 Rockaway Beach Boulevard
Roackaway Park, NY 11694
Main office: 631-823-7032
Fax: 631-670-7642

Our Providers

Testimonials

Tim and his staff worked with me to provide the best policy for my needs. His ability to analyze a business and determine what will be best makes him my first choice...

Dr. Lisa M. - Patterson, NY
Tango, Tango & Tango is a highly recommended insurance agency because they do what it takes to help you...

John K. - Floral Park, NY
Tim and staff are a pleasure to work with...we have learned so much from them over the years.

Marc P. - Islip Terrace, NY
Tim is awesome. He is results oriented but also fun to work with. I recommend him highly.

Doug F. - Dallas, TX