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HSAs in Marion and Cedar Rapids, IA

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, Sheets Forrest Draper Insurance 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 Sheets Forrest Draper Insurance today to learn more about how an HSA can benefit you.

Our Location

Sheets Forrest Draper Insurance

610 Tenth Street
Marion, IA 52302
Main office: 319-250-4740

Our Providers

Testimonials

We have used Sheets, Forrest, Draper Insurance for all of our insurance needs for my home, vehicles and business for more than 10 years. They are always quick to return phone calls and answer questions. Scott has always been friendly and honest, looking out for the needs of my family and my business.
Brad Cairns
I have worked with Sheets, Forrest, Draper Insurance for all our insurance needs for 9 years and the District has been with them for many more years. The service we receive is outstanding. Whatever insurance request we have is delivered quickly. They take care of all the leg work on our claims to make sure they are handled efficiently. I highly recommend them to anyone who is looking to make an insurance change.
Brian Bartz, Director of Business Services
I told my family and friends it is nice to have an insurance agent who actually listens, calls you back, and then performs the duties required. Wow, exceptional!!! Great Job Chad. You are always on the top of the list for referral.
Scott Soppe
Sheets Forest Draper Insurance has exceeded our expectations in assisting in managing our risk. As a small business, we need a partner that understands our business and can ensure we have adequate coverage. Sheets Forest Draper fills that role well.
Jason Hauschild
I have been extremely satisfied with the service of Chad Dunne as my insurance agent. His attention to detail and quick response to my servicing needs is second to none.
Chuck Puccio
I am very grateful I have Scott handling my insurance matters as I know he has my interest and that of my son as if we had known him forever.
Kathy Mullen