Cordova Advisors Partners With Healthdecisions.org to Utilize HSA Simulator™

Cordova Advisors has partnered with HealthDecisions.org to implement a web-based application that enables small to medium size employers to “test drive” the savings power of Health Saving Accounts (HSAs).

(PRWEB) December 14, 2005 -- Cordova Advisors and HealthDecisions.org have teamed up to offer increased access to the HSA Simulator™, a web-based tool for employers, insurance brokers, insurance agents and financial planners. HSA Simulator™ uses a dynamic financial model to realistically illustrate the long-term financial impact of qualified high deductible insurance plans coupled with Health Savings Accounts (HSAs).

“HSA Simulator™ provides a realistic picture of how this new health care funding approach compares to any type of health insurance program,” says Cordova Advisors founder, Tom Cochrane. HSA Simulator’s™ comprehensive function allows for users to not only test the waters of implementing consumer-driven healthcare, but also create optimal projections of benefits for employers and employees alike.

HSA Simulator™ credibly projects plan costs and health care claims over time for each employee based upon his or her unique demographic profile. Employers can compare plan-wide costs and savings over a 10 year time horizon, and they can also see the impact on plan costs of different HSA and premium contribution formulas. Additionally, HSA Simulator™ provides each employee with projections of their HSA balances over the course of 10 years and at their retirement year.

Through HealthDecisions.org, HSA Simulator™ is available free of charge for employers, benefit managers, agents, brokers, and curious consumers. When coupled with the up-to-the-minute news and resources of HealthDecisions.org users are able to explore realistic solutions to healthcare costs, and access the most comprehensive and in-depth database of Health Plan information available.

About Cordova Advisors, LLC
Cordova Advisors is a privately held limited liability company located in San Francisco, CA. Cordova Advisors provides software solutions and consulting services designed to help individual consumers and employers understand and make informed decisions regarding Health Savings Accounts (HSAs).

About HealthDecisions
HealthDecisions.org aims to be the leading source of health care and insurance information available, while focusing on matching user needs with health care information. Backed by the best and most in-depth industry resources available, HealthDecisions.org connects users directly to 1300 health plans and tens of thousands of agents and brokers nationwide. Our up to the minute original and broad content provides a vast network of healthcare information, data, and commentary.

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