Minneapolis, MN (PRWEB) May 5, 2006
Assurant Health, a leading provider of individual health insurance in Minnesota, has announced a rate reduction on their "One Deductible" individual health insurance plan. This rate reduction applies to new applicants on a new "One Deductible" plan with an effective date of June 1, 2006, with or without a health savings account (HSA).
"Assurant Health is built on the cornerstone of consumer choice, providing ongoing flexibility and choices in health insurance plans and providers. Reducing rates for new customers is a choice they have made to help ease the burden of individual health insurance costs", said Rick Roach, President of Health of America Insurance Agency.
In addition to reduced rates on their individual health insurance plan, Assurant Health is also offering the "RightStart HSA", an HSA-qualified major medical plan at 15% to 49% lower premiums than their "One Deductible" plan.
"The Health Savings Account plan consists of a federally-qualified high deductible family or individual health insurance plan and a tax-sheltered HSA," said Roach. "The high deductible plan costs considerably less in premium compared to a conventional plan and covers bills that exceed the deductible. The insured may use HSA contributions to pay smaller bills and some other expenses not typically covered by their individual health insurance plan such as dental and vision care with pre-tax HSA dollars and since the unused funds roll over tax-free from year to year, HSAs can also provide you savings for your retirement needs."
About Assurant Health
Founded in 1892, Assurant Health is one of the leading independent providers of health insurance to small businesses, individuals, and their families, with more than one million covered lives. Assurant Health develops and provides a wide range of small group, short term, student, and individual health insurance products, including consumer-choice products like HSAs and HRAs. With almost 3,000 employees, Assurant Health is headquartered in Milwaukee, WI, and has operations offices in Minnesota, Idaho, and Florida, as well as sales offices across the country. Assurant Health is the brand name for products underwritten and issued by one or more of Assurant Health’s underwriting companies: Time Insurance Company, John Alden Life Insurance Company and Union Security Insurance Company.
About Health of America Insurance Agency
Health of America Insurance Agency is an independent health insurance agency dedicated to providing affordable quality health, medical, dental and employee benefit products to meet the needs of today and tomorrow. Their agents provide the highest quality insurance carriers and products on the market today. The agency assures low-cost, quality health and medical insurance plans to residents of Minnesota, Texas and Wisconsin for both long-term (permanent) and short-term (up to 12 months) needs.