Working with
health insurance agents, employers, and employees, Paragon offers a dedicated
HSA service team, HSA education for your clients, and comprehensive enrollment
and marketing support.
Benefits
Included
in Paragon’s HSA account are:
- An
HSA account with your choice from multiple banks
- Debit
cards and checks
- Choice
of how to invest HSA funds
There
are also member services and tools to help customers get acquainted with their
HSA account. This is Paragon’s Consumer Directed Health Care service.
Through a dedicated service team and educational benefits Paragon makes signing
up for an HSA plan as easy as possible.
Why
Paragon Benefits HSA?
Not
only do you retain complete coverage at cost effective rates with Paragon’s
HSA plan, but clients will also save money through the tax-advantaged nature
of the Health Savings Account. HSA’s contribute tax-free money to a savings
account that helps you retain coverage as well as paying reduced taxes on income.
Contribution amounts to your HSA account are based on IRS contribution limitations
and your gross income. You can contribute the maximum amount allowed.
How
to Invest HSA
There
are many ways to invest Health Savings Account Funds. HSA’s can be rolled
over from fund to fund into another account or even a 401k. Different from other
employer contributions, HSA contributions belong to the account holder immediately
and in no way is a person contributing to an HSA is obligated to contribute
to their employer-sponsored HSA.Funds from an HSA are sheltered from income
taxation if used for qualified medical expenses such as costs and services accrued
through a health plan including deductibles and coinsurance payments
About
Paragon Benefits, Inc.
Established
in 1987, Paragon Benefits, Inc. is an entirely owned subsidiary of the Georgia
Bankers Association Insurance Trust, which provides insurance for 90% of Community
Banks in the state of Georgia. Currently Paragon administers insurance benefits
and claims for over 80,000 members.
Visit
the Paragon
HSA website for complete HSA details
HSA for America Disclaimer: The information
listed above is current to best of our knowledge. Please visit this administrator's
web site or contact them directly to confirm you have the most current information
available.
HSA
for America is an independent health insurance agency specializing
in high deductible health plans qualified to work with health savings accounts.
We provide a list of recommended HSA administrators as a service to our visitors
and customers. We are NOT an administrator ourselves. If
you have a question for a specific administrator, please contact them directly.
For
a list of the administrators we recommend, please visit our HSA
Administrators page.
For
information on how to get instant quotes and choose a plan that is qualified
to work with a health savings account, please visit our "How
To" Guide page.
