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Hi, and welcome to the HSA for America website! My name is Mike Montes. I am an HSA Personal Benefits Manager. If you’re reading this, you most likely have either heard the buzz about health savings accounts and want to know more, or you already have an HSA of your own but need some guidance dealing with the new health care reform laws that were put into effect in March of 2010.
The HSA for America mission is very much an extension of my own personal beliefs and values. My approach is to individually assess your needs, make recommendations where appropriate, and then continue to keep you informed about issues that may affect your health care in the years to come. I am fully committed to helping you avoid any emotional or financial disasters by choosing the health plan that best suits your situation and needs.
I’ve been there, too
Back in the days before I began my career in the health insurance field, the topic of health care plans was extremely confusing. I remember my wife and I getting so overwhelmed when searching for a policy to cover our medical expenses. After weeks of research and phone calls, we ended up settling for a policy our agent sold us that turned out to be good for him—and not so good for us.
We ended up paying thousands of dollars unnecessarily. It was a hard lesson, but it’s what spurred me on to make sure that kind of situation never happened again. I made up my mind that I would become an expert on insurance myself. Thankfully my wife and I were able to recover, but it was one of those experiences I wouldn’t wish on my worst enemy.
Going forward, my motivation has been to protect my clients’ interests in every way possible. Unfortunately, not everyone is working in your best interests when a sizable commission is on the line.
That’s why I love working with HSA for America so much. They believe in standing up for the little guy in the health care industry by offering unbiased information and expert guidance to people regarding their health savings accounts, Medicare and health insurance policies.
Here at HSA for America, we share how to avoid common pitfalls that people can fall into without assistance from someone who knows the industry and who can help them find what would be best to do in their situation.
Health savings accounts 101
Health savings accounts (HSAs) are savings accounts linked to your health insurance plan that you fund in order to pay for health care costs. When you get a health savings account plan, you’ll be responsible for a yearly deductible, but you get 100 percent preventive health care coverage. Under the new health care reform law, you are eligible for preventive coverage regardless of what plan you have or even if you don’t have insurance at all.
What if I get hurt or sick?
Health savings accounts usually have lower premiums than most traditional plans. I can help you find an HSA plan that will minimize your maximum out-of-pocket costs compared to more traditional plans. In the long run, an HSA plan can actually save you money in years when your health is good, and in years when you need extra health care, too.
The great news about health savings accounts
With an HSA account, you can deduct all kinds of health care from your taxable income, including acupuncture, braces, medical massage, etc. with an HSA. Just look at all of the tax-subsidized medical expenses you’ve been missing out on capitalizing on!
There’s also a trick to switching to a plan with a higher deductible as you build up your savings. Start with the deductible that’s easy for you to manage while you fund your HSA. Reinvest the money you save by deducting your HSA contribution off of your taxable income to grow your HSA balance. When that’s big enough to cover a higher deductible, switch plans for a lower premium and save even more!
I’m healthy. Why do I need health insurance?
On a very personal level, I can relate to people who are healthy and not feeling too concerned about having health insurance. After all, health insurance is mainly for sick people, right?
My mom was what you’d call “healthy as a horse.” She was one of the few people over 60 I knew who wasn’t on any prescription drugs. But, at the young age of 62, she passed away suddenly because of a brain aneurism in 2004. She had to have brain surgery and needed to stay in the ICU for observation. All of this costs money. And if she didn’t have adequate insurance, we might still be paying her hospital bills to this day.
All in the family
I help all of my family members understand and navigate the health care maze and get coverage that will protect them while keeping their costs as low as possible. Since they began allowing me to guide them down the right path, they haven’t had any negative experiences. I can do the same for you.
Every day that I can help even one person with challenges they may be facing is a successful day in my book! Having the ability to help others is very rewarding and I enjoy getting to meet new, interesting people. I get a sense of fulfillment when I know I’ve helped someone make critical decisions that impact his or her future. The insights we Personal Benefits Managers share really can help you save a lot of money during the course of our relationship.
Taking personal responsibilities seriously
My life forever changed when I met my wife and we got married in 1997. Today we have two beautiful children: Madisyn and Gavin. I take my role as the head of the family very seriously.
Every day I strive to lead my family to live a healthy, happy and positive lifestyle. We enjoy having fun and going on adventures—to explore, experience and learn new things. We want our children to grow up to be positive, successful and valuable leaders, so we continuously try to impart good values and wisdom in both of them.
Living life to the fullest
I believe in the power of the present, and make sure to appreciate every minute of every day. Life is not long enough to do what you don’t enjoy. I take pleasure in spending quality time with my family and friends and taking in all of the great experiences that life has to offer.
Those experiences include traveling the world. I love going to new places and learning about the cultures of the places I visit. I have traveled to many different states including three Hawaiian Islands, and have visited parts of Canada, Mexico and Central America, all of the islands in the Caribbean, and several countries in Europe as well.
Because the climate is great where we live, our family gets to take advantage of many outdoor activities like going to the beach or the lake. You name it and I’ve probably done it recreation-wise, from boating and water skiing to hiking and snow skiing. I’ve also tried water rafting, scuba diving, zip-lining and even skydiving. But, I especially like golf.
I also enjoy traveling inward. That includes reading and learning new things every day. One of the philosophies I try to live by was best expressed by Jim Rohn: “Success is what you attract by the person you become.”
So until I hear from you, I’ll make sure the person I’m becoming is someone who has the expertise to help you get the best value in your health coverage.