Archer MSA

[Guest skeezix]

Hopefully someone can help me out here. I own a small company and am planning on installing a high deductible plan with an MSA. Can I use any insurer with a high deductible and set up the MSA with my bank or does it have to be an insurer that designates the plan as an MSA type plan?

Also, if I set up the high deductible can we have a co-pay card for physician visits such as $15 per office visit card?

Thanks for any help.

[alanm]

You have to go with an insurance company with an MSA product. I know Golden Rule Insurance co does. No you can't have a co-pay. For example, a family buys health coverage with a $4950

deductible per family. the premium for a guy age 35 may be $400 per month. In addition you send an extra $309 per month to go into your MSA bank account- Golden Rule uses Northern Trust bank. YOu get a check book to write checks for medical bills throughout the year to the extent of your balance at Norther Trust. For healthy people it works well. You don't use it, you keep it adding up over the years.