Gabrielle E. Warner
 Chartered Benefit Consultant
 PO Box 1786
 Grand Rapids, MI 49501-1786 
 (616) 732-9000  
 gabwar@innovativesolutionsagency.com

An Independent Agency Completely Focused on Health Insurance and Employee Benefits for Individuals and Groups of all sizes.  Health, Life, Disability, Long-Term Care, Supplemental/ Voluntary Plans. 

Call Gabrielle today for all of your employee benefit needs,
(616) 732-9000
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High Deductible Health Plan (HDHP) is a fully insured health plan with deductible typically ranging between $1000 and $10,000 per individual. Several forms of “self-funding” are available to arrange for meeting deductible expenses as they occur. HDHP premiums typically deliver between 30-60% premium savings over standard low deductible plans. HDHPs are used with both HRA and HSA plans. When used with an HSA plan certain specific guidelines apply which cause the HDHP to be called a Qualified High Deductible Plan (QHDP). A QHDP is required for use with an HSA.

Health Savings Account (HSA) A Health Savings Account is a tax-exempt account created exclusively to pay for the qualified medical expenses of the account holder and his or her spouse or dependents. Account can be funded by the employer, the employee or by both in combination. HSA contributions may be made by employees on a pre-tax basis through a Section 125 Plan, or may be made directly by eligible individuals and deducted from gross income. Earnings on amounts held in a HSA accrue tax-free. Health Savings Accounts, the newest tax-favored medical savings accounts, are permanent, portable and available to everyone — individuals and employers — with qualified high deductible medical plans. HSA funds are held in an IRA-like account for the exclusive use of the participant, so they are fully portable. (When employees terminate, they take their unused HSA funds with them for future use.)






 
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Innovative Solutions Agency, Inc. and Gabrielle Warner are licenced in the state of Michigan for Life, Accident and Health.  Services are for residents of the state of Michigan only.