ÿþ<HTML> <HEAD> <TITLE>Health Savings Account (HSA) vs. Traditional Health Plan</TITLE> <META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=iso8859-1"> <META NAME="description" CONTENT="Financial Calculators, ©1998-2010 KJE Computer Solutions, LLC. For more information please see http://www.dinkytown.net"> <STYLE> <!-- BODY, TABLE, TD, TH, UL, OL, DD, DL, P, BR { font-family: helvetica, arial, sans-serif; font-size: 10pt; } H1 { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } DT { font-family: helvetica, arial, sans-serif; font-size: 10pt; font-weight: bold; } P.footer { font-family: helvetica, arial, sans-serif; font-size: 9pt; } DIV.large { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } --> </STYLE> </HEAD> <!-- Financial Calculators, ©1998-2008 KJE Computer Solutions, LLC. 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For more information please see: <A HREF="http://www.dinkytown.net">http://www.dinkytown.net</A> --> <H1>Health Savings Account (HSA) vs. Traditional Health Plan</H1><P> This tool is designed to help you compare an High Deductible Health Plan (HDHP) with a Health Savings Account (HSA) to a traditional health plan. By using HDHP/HSA solution, you can often realize significant savings on your insurance premiums and receive a deduction on your income taxes. Use this calculator to determine the possible savings. <P><CENTER> <!--[if IE]><object name="calculator" classid="clsid:8AD9C840-044E-11D1-B3E9-00805F499D93" codebase="http://java.sun.com/update/1.6.0/jinstall-6-windows-i586.cab#Version=1,4,0,0" height="520" width="565"><param name="code" value="HSAvsTraditional" /><param name="archive" value="dinkytown.jar" /> <P style="font-size:1px; color: #ffffff" line-height: 1px><![endif]--><![if !IE]><P style="font-size:1px; color: #ffffff" line-height: 1px><![endif]></P><![if !IE]><APPLET name="calculator" code="HSAvsTraditional.class" align="baseline" WIDTH="565" HEIGHT="520" archive="dinkytown.jar"><![endif]> <PARAM name="MONTHLY_PREMIUM1" value="200"> <PARAM name="ANNUAL_DEDUCTIBLE1" value="1200"> <PARAM name="MAXIMUM_ANNUAL_OUT_OF_POCKET1" value="5950"> <PARAM name="CO_PAY1" value="0"> <PARAM name="CO_PAYDOC1" value="0"> <PARAM name="CO_INSURANCE2" value="0"> <PARAM name="OTHER_EXPENSE1" value="0"> <PARAM name="HSA_CURRENT_BALANCE" value="0"> <PARAM name="MSG_HSA_BALANCE1" value="Your entire HSA_CONTRIBUTIONS1 HSA contribution can be paid from HDHP qualified plan premium savings."> <PARAM name="MSG_HSA_BALANCE2" value="Your HSA_CONTRIBUTIONS1 HSA contribution can be paid in part from HDHP qualified plan premium savings."> <PARAM name="MONTHLY_PREMIUM2" value="400"> <PARAM name="ANNUAL_DEDUCTIBLE2" value="500"> <PARAM name="MAXIMUM_ANNUAL_OUT_OF_POCKET2" value="3000"> <PARAM name="CO_PAY2" value="10"> <PARAM name="CO_PAYDOC2" value="20"> <PARAM name="CO_INSURANCE2" value="0"> <PARAM name="OTHER_EXPENSE2" value="0"> <PARAM name="INCLUDE_COPAYS_IN_OUTOFPOCKET_TOTAL" value="FALSE"> <PARAM name="AVG_COST_PRESCRIPTIONS" value="40"> <PARAM name="AVG_COST_PRESCRIPTIONS" value="85"> <PARAM name="ANNUAL_PRESCRIPTIONS" value="6"> <PARAM name="ANNUAL_DOCTOR_VISITS" value="6"> <PARAM name="HSA_CONTRIBUTIONS" value="3000"> <PARAM name="MARGINAL_INCOME_TAX_RATE" value="25"> <PARAM name="BORDER" value="ROUND"> <!--CUSTOM PARAMETERS--> <PARAM name="TEXT_FOR_REPORT" value="<HTML> <HEAD> <TITLE>Health Savings Account (HSA) vs. Traditional Health Plan</TITLE> <META HTTP-EQUIV='Content-Type' CONTENT='text/html; charset=iso8859-1'> <META NAME='description' CONTENT='Financial Calculators, &QCPQ;1998-2010 KJE Computer Solutions, LLC. For more information please see http://www.dinkytown.net'> <STYLE> <!-- BODY, TABLE, TD, TH, UL, OL, DD, DL, P, BR { font-family: helvetica, arial, sans-serif; font-size: 10pt; } H1 { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } DT { font-family: helvetica, arial, sans-serif; font-size: 10pt; font-weight: bold; } P.footer { font-family: helvetica, arial, sans-serif; font-size: 9pt; } DIV.large { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } --> </STYLE> </HEAD> <BODY bgcolor='#FFFFFF' LINK='#003399' VLINK='#666666' BGCOLOR='#FFFFFF'> <P><CENTER><table border=0 bgcolor='#000000' width=468 cellspacing=1 cellpadding=0><tr><td width='100%'><table bgcolor='#FFFFDD' border=0 width=468 cellspacing=1 cellpadding=5><tr><td width='100%' align=center valign=middle><DIV class=large>Health Savings Account (HSA) vs. Traditional Health Plan</DIV></td></tr></table></TD></TR></TABLE></CENTER> <H1>A HDHP with a HSA could save you TOTAL_MONTHLY_COST2 per month.</H1> MSG_HSA_BALANCE Your unused HSA account balance is HSA_UNUSED_BALANCE for the year which rolls over to next year, tax-free (state taxes may vary).<P> **GRAPH** <P><CENTER><table border=0 bgcolor='#000000' width=95% cellspacing=1 cellpadding=0><tr><td width='100%'><table bgcolor='#FFFFFF' border=0 width=100% cellspacing=1 cellpadding=5> <TR BGCOLOR='#CCCCCC'><TD COLSPAN=3><CENTER><B>Input Summary</B></CENTER></TD></TR> <TR><TD><b>Annual prescriptions </b> </TD><TD> ANNUAL_PRESCRIPTIONS </TD><TD>&NBSP;</TD></TR> <TR><TD><b>Annual doctor visits </b> </TD><TD> ANNUAL_DOCTOR_VISITS </TD><TD>&NBSP;</TD></TR> <TR><TD><b>Marginal income tax rate </b> </TD><TD> MARGINAL_INCOME_TAX_RATE </TD><TD>&NBSP;</TD></TR> <TR><TH><b>&NBSP;</b></TH><TH>HDHP Qualified Plan</TH><TH>Traditional Health Plan</TH></TR> <TR><TD><b>Monthly premium </b> </TD><TD> MONTHLY_PREMIUM1 </TD><TD> MONTHLY_PREMIUM2</TD></TR> <TR><TD><b>Annual deductible </b> </TD><TD> ANNUAL_DEDUCTIBLE1 </TD><TD> ANNUAL_DEDUCTIBLE2 </TD></TR> <TR><TD><b>Maximum annual out-of-pocket </b> </TD><TD> MAXIMUM_ANNUAL_OUT_OF_POCKET1 </TD><TD> MAXIMUM_ANNUAL_OUT_OF_POCKET2 </TD></TR> <TR><TD><b>Co-pay for prescriptions </b> </TD><TD> CO_PAY1 </TD><TD> CO_PAY2 </TD></TR> <TR><TD><b>Co-pay for doctor visits </b> </TD><TD> CO_PAYDOC1 </TD><TD> CO_PAYDOC2 </TD></TR> <TR><TD><b>Other expenses </b> </TD><TD> OTHER_EXPENSE1 </TD><TD> OTHER_EXPENSE2 </TD></TR> <TR><TD><b>Co-insurance </b> </TD><TD> CO_INSURANCE1 </TD><TD> CO_INSURANCE2 </TD></TR> <TR><TD><b>HSA Contributions </b> </TD><TD> HSA_CONTRIBUTIONS1 </TD><TD> HSA_CONTRIBUTIONS2 </TD></TR> <TR><TD><b>Current HSA Account Balance </b> </TD><TD> HSA_CURRENT_BALANCE </TD><TD> &NBSP; </TD></TR> </TABLE></TD></TR> </TABLE> <P> <table border=0 bgcolor='#000000' width=95% cellspacing=1 cellpadding=0><tr><td width='100%'><table bgcolor='#FFFFFF' border=0 width=100% cellspacing=1 cellpadding=5> <TR BGCOLOR='#CCCCCC'><TD COLSPAN=4><CENTER><B>Results Summary</B></CENTER></TD></TR> <TR><TH><b>&NBSP;</b></TH><TH>HDHP Qualified Plan</TH><TH>Traditional Health Plan</TH><TH>Difference</TH></TR> <TR><TD><b>Annual premium </b> </TD><TD> ANNUAL_PREMIUM1 </TD><TD> ANNUAL_PREMIUM2 </TD><TD> ANNUAL_PREMIUM3 </TD></TR> <TR><TD><b>Estimated medical expenses </b> </TD><TD> ESTIMATED_MEDICAL_EXPENSES1 </TD><TD> ESTIMATED_MEDICAL_EXPENSES2 </TD><TD> ESTIMATED_MEDICAL_EXPENSES3 </TD></TR> <TR><TD><b>Estimated HSA withdrawals </b> </TD><TD> ESTIMATED_HSA_WITHDRAWALS1 </TD><TD> ESTIMATED_HSA_WITHDRAWALS2 </TD><TD> ESTIMATED_HSA_WITHDRAWALS3 </TD></TR> <TR><TD><b>Estimated HSA tax savings </b> </TD><TD> ESTIMATED_HSA_TAX_SAVINGS1 </TD><TD> ESTIMATED_HSA_TAX_SAVINGS2 </TD><TD> ESTIMATED_HSA_TAX_SAVINGS3 </TD></TR> <TR><TD><b>Total annual cost </b> </TD><TD> TOTAL_ANNUAL_COST1 </TD><TD> TOTAL_ANNUAL_COST2 </TD><TD> TOTAL_ANNUAL_COST3 </TD></TR> <TR><TD><b>Total monthly cost </b> </TD><TD> TOTAL_MONTHLY_COST1 </TD><TD> TOTAL_MONTHLY_COST2 </TD><TD> TOTAL_MONTHLY_COST3 </TD></TR> <TR><TD><b>Unused HSA Account Balance*</b> </TD><TD> HSA_UNUSED_BALANCE </TD><TD> $0</TD><TD> HSA_UNUSED_BALANCE </TD></TR> </TABLE></TD></TR></TABLE><P class=footer>Your unused HSA account balance is HSA_UNUSED_BALANCE for the year which rolls over to next year, tax-free (state taxes may vary).</P></CENTER> <BR> </CENTER> <BR> <HR SIZE=1> <CENTER><P class=footer> Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. </P></CENTER><br><br> </BODY> </HTML> "> <H1><CENTER>This Financial Calculator requires SUN's Java"! Plug-in. If you see this message you will need to download SUN's Java"! Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing  Install ActiveX Control . </CENTER></H1> <OL> You can also get SUN's Java"! Plug-in here: <A href="http://www.java.com/en/download/download_the_latest.jsp" target=_blank><b>Get the Java"! Plug-in!</b></A> <P>For more information about this Plug-in please visit: <A href="http://www.dinkytown.net/money/sunjvm.html" target=_blank><b>SUN's Java"! Plug-in</b></A> <BR>For more information these financial calculators please visit: <A href="http://www.dinkytown.net" target=_blank><b>Financial Calculators from KJE Computer Solutions, LLC</b></A> </OL><!--[if IE]></OBJECT><![endif]--><![if !IE]></APPLET><![endif]> </CENTER><CENTER><SCRIPT>document.write(showbuttons())</SCRIPT></CENTER> <H1>Definitions</H1><P><TABLE align='center' WIDTH="95%"><TR><TD><DL><!--DEFN_START--> <DT><B>Annual prescriptions</B> <DD> Number of prescriptions you expect to fill annually.<P> <DT><B>Annual doctor visits</B> <DD> Number of times you expect to visit the doctor's office annually.<P> <DT><B>Marginal income tax rate</B><DD> Use the table below to help you choose the appropriate federal marginal income tax rate.<p> <CENTER> <TABLE WIDTH=90% BORDER=1> <TR class=tblheader><TD align=center colspan=5><b>Filing Status and Income Tax Rates 2010</b><P class=footer>Caution: Do not use these tax rate schedules to figure 2009 taxes. Use only to figure 2010 estimates. </P></TD></TR> <TR class=tblheader><TD align=center width="12%"><b>Tax rate</b></TD><TD align=center width="22%"><b>Married filing jointly<BR>or Qualified Widow(er)</b></TD><TD align=center width="22%"><b>Single</b></TD><TD align=center width="22%"><b>Head of household</b></TD><TD align=center width="22%"><b>Married filing separately</b></TD></TR> <TR class=tblrow><TD align=center width="12%"><b>10%</b></TD> <TD align=center width="22%"> $0 - 16,750</TD> <TD align=center width="22%"> $0 - 8,375</TD> <TD align=center width="22%"> $0 - $11,950</TD> <TD align=center width="22%"> $0 - 8,375</TD></TR> <TR class=tblrow2><TD align=center width="12%"><b>15% </b></TD> <TD align=center width="22%"> $16,751- 68,000</TD> <TD align=center width="22%"> $8,376- 34,000</TD> <TD align=center width="22%"> $11,951- 45,550</TD> <TD align=center width="22%"> $8,376- 34,000</TD></TR> <TR class=tblrow><TD align=center width="12%"><b>25%</b></TD> <TD align=center width="22%"> $68,001- 137,300</TD> <TD align=center width="22%"> $34,001- 82,400</TD> <TD align=center width="22%"> $45,551- 117,650</TD> <TD align=center width="22%"> $34,001- 68,650</TD></TR> <TR class=tblrow2><TD align=center width="12%"><b>28%</b></TD> <TD align=center width="22%"> $137,301- 209,250</TD> <TD align=center width="22%"> $82,401- 171,850</TD> <TD align=center width="22%"> $117,651- 190,550</TD> <TD align=center width="22%"> $68,651- 104,625</TD></TR> <TR class=tblrow><TD align=center width="12%"><b>33%</b></TD> <TD align=center width="22%"> $209,251- 373,650</TD> <TD align=center width="22%"> $171,851- 373,650</TD> <TD align=center width="22%"> $190,551- 373,650</TD> <TD align=center width="22%"> $104,626- 186,825</TD></TR> <TR class=tblrow2><TD align=center width="12%"><b>35%</b></TD> <TD align=center width="22%"> over $373,650</TD> <TD align=center width="22%"> over $373,650</TD> <TD align=center width="22%"> over $373,650</TD> <TD align=center width="22%"> over $186,825</TD></TR> </TABLE></CENTER> <CENTER>Source: http://www.irs.gov/pub/irs-drop/rp-09-50.pdf</CENTER> <p> <DT><B>Monthly premium</B><DD> Monthly premium for your proposed health insurance options.<P> <DT><B>Annual deductible</B><DD> Annual deductible that you are required to pay before your health insurance begins coverage. We assume that after this threshold has been reached that your insurance covers 100% of your expenses. In 2010, for a HDHP, the minimum deductible amount is $1,200 for self-only coverage and $2,400 for family coverage.<P> <DT><B>Maximum annual out-of-pocket</B><DD> Maximum out-of-pocket in a given year for your health insurance. This is the maximum total expense that you could incur in a given year with your proposed coverage. In 2010, for a HDHP, the highest annual out-of-pocket expense allowed is $5,950 for self only coverage and $11,900 for family coverage.<P> <DT><B>Co&ndash;pay for doctor visits and prescriptions</B><DD> The fee you pay for each prescription and/or doctor's visit. These payments do not count toward your annual deductible or your maximum out of pocket expense.<P> <DT><B>Co&ndash;insurance</B><DD> The percentage of your healthcare costs that your insurance will cover after your costs exceed your annual deductible. You are assumed to continue to pay this percentage of your healthcare costs until you reach your annual maximum out of pocket expense.<P> <DT><B>Other expenses</B><DD> Any other expenses that would normally be covered by your health insurance. This would include lab fees and services other than prescriptions and doctor visits. Don't include medical expenses not normally covered by your insurance such as some elective surgery, contact lens solution or over the counter medications.<P> <DT><B>HSA Contributions</B><DD> Total you expect to contribute to an HSA account per year. All contributions to a HSA account are tax deductible and withdrawals for qualified medical expenses are not subject to income tax. For 2010, the maximum contribution to a HSA is $3,050 for self-only coverage and $6,150 for family coverage.<P> <DT><B>HSA current balance</B><DD> Total amount you have in an existing HSA account. If you do not have an HSA plan at this time this amount should be $0. <!--DEFN_END--></DL></TD></TR></TABLE> <BR> <HR SIZE=1> <CENTER> <P class=footer> Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. </P></CENTER> <BR> </BODY> </HTML>