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HSAs in Canby and Portland, OR

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, Gustafson Insurance Agency 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 Gustafson Insurance Agency today to learn more about how an HSA can benefit you.

Our Location

Gustafson Insurance Agency

541 NW 2nd Ave
Canby, OR 97013
Main office: 503-266-2216

Our Providers

"Gustafson Insurance has given me exceptional service for my business, home and auto insurance for over 40 years" ~Jim Newton, Gene's Home Electronics
Jim (Jimmy) Newton
"Count on Gustafson Insurance...We do and have for 15 years!" ~ Ed Netter Family
Ed Netter
"As Hope Village has grown so has our insurance needs. Scott and his staff at Gustafson Insurance have worked hard to evaluate and implement a program of insurance to take care of our growing development." ~Executive Director Hope Village
Hope Village
"Our family trusts all of our insurance with Gustafson Insurance. They've been helping us for over 20 years." ~Rick & Christina Beko
Beko Family
"I'm 100% satisfied with the professional service from Gustafson Insurance" ~Kory MacGregor, President Roth Heating
Kory MacGregor