Health care fund


N

noreplysoccer

I read something that there are "health care accounts" you can put
money into, then withdraw money from when health expenses are incurred.

Who maintains account? I am thinking banks, mutual fund providers and
other custodians are possible.

I belive this was a plan implemented by GW Bush. I am not asking about
flexible spending accounts, I am asking about accounts which allow me
to save specifically for medical procedures and I need to accumulate
money over a period of 6-18 months to pay for the procedure (which is
not covered by health insurance).

If anyone knows more about these accounts (name, reference or other
ideas) please let me know. e-mail above is NOT monitored.

Jim
 
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C

Cal Lester

You may be referring to MSA's, now called HSA's. It is a program,
which require that you have "IN-FORCE" a High Deductible Major
Medical Plan (minimum$1,000 Deduct). Then you are permitted to
"set-aside" TAX DEDUCTIBLE" specific amounts of dollars, into an HSA account.
That account could be with a Bank, Brokerage House or Mutual Fund.

Then when you have a qualifying medical expense, you use THOSE
dollars to pay that expense, at no tax cost to you.

Cal Lester CLU
 
N

noreplysoccer

CAL- a search on "Health Care Savings" took me to web site and showed
me information on HSA's, which is what I want to know more about.

a problem- we don't have a high deductable plan, and I'm not sure what
the $1000 deductable is... if I have a $30 co-pay, I assume my wife and
I do not qualify for the HSA. But we have medical costs which this
plan is not going to cover. We have the budget to set this money
aside, but want to do and minimize taxes as much as allowed.

My employer has a high deductable plan, which we did not opt for,
curious how many other companies are offering these (it appeared to
experimental to "try" during open enrollment. I work for a small
software company, are larger companies doing this?
THANK YOU for feedback.
 
C

Cal Lester

CAL- a search on "Health Care Savings" took me to web site and showed
me information on HSA's, which is what I want to know more about.

a problem- we don't have a high deductable plan, and I'm not sure what
the $1000 deductable is... if I have a $30 co-pay, I assume my wife
and I do not qualify for the HSA. But we have medical costs which
this plan is not going to cover. We have the budget to set this money
aside, but want to do and minimize taxes as much as allowed.

If you have a $30 C0-Pay, then you already have "a health plan". IF
you already have a "health Plan", then you can NOT also have an HSA ! ! ! !

The HSA is a Tax Deductible savings program (similar in many ways to IRA)
wherein you SAVE money for FUTURE Qualified Medical Expenses. In order
to establish the HSA, you CAN NOT have any form of "standard" Health
Insurance (group or personal) other than a High Deductible Major Medical
Plan.
My employer has a high deductable plan, which we did not opt for,
curious how many other companies are offering these (it appeared to
experimental to "try" during open enrollment. I work for a small
software company, are larger companies doing this?
THANK YOU for feedback.
Check with your employers Insurance person, and see if you can
change from your present coverage to the H/D/Plan.
If so, then you should be eligible for an HSA.
Cal Lester CLU
 
N

noreplysoccer

"Check with your employers Insurance person, and see if you can
change from your present coverage to the H/D/Plan.
If so, then you should be eligible for an HSA.
Cal Lester CLU"

this is the problem with health care, we have to wait 12 months to
change health coverage to become eligible to start using the HSA. Open
enrollment for health care is November of each year. Unless my wife or
I die, switch jobs or make a major life decision, we cannot change our
health plan in the middle of the year.

The HSA is what we want, but cannot contribute... even though the
health plan we have does not cover all reasonable services. We are
looking at a $10,000 medical expense and no insurance to cover it, and
we are insured... with what my wife tells me is a good plan (she works
with her benefits department and knows the subject better than many...)
 
C

Cal Lester

"Check with your employers Insurance person, and see if you can
change from your present coverage to the H/D/Plan.
If so, then you should be eligible for an HSA.
Cal Lester CLU"

this is the problem with health care, we have to wait 12 months to
change health coverage to become eligible to start using the HSA.
Open enrollment for health care is November of each year. Unless my
wife or I die, switch jobs or make a major life decision, we cannot
change our health plan in the middle of the year.

The HSA is what we want, but cannot contribute... even though the
health plan we have does not cover all reasonable services. We are
looking at a $10,000 medical expense and no insurance to cover it, and
we are insured... with what my wife tells me is a good plan (she works
with her benefits department and knows the subject better than
many...)
Once again, you have already answered your own question.
Cal Lester CLU
 
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C

Cal Lester

uncovered in 350° oven till thermometer reaches 160°.



Cajun Babies

Just like crabs or crawfish, babies are boiled alive!
You don?t need silverware, the hot spicy meat comes off in your hands.

6 live babies
1 lb. smoked sausage
4 lemons
whole garlic
2 lb. new potatoes
4 ears corn
1 box salt
crab boil

Bring 3 gallons of water to a boil.
Add sausage, salt, crab boil, lemons and garlic.
Drop potatoes in, boil for 4 minutes.
Corn is added next, boil an additional 11 minutes.
Put the live babies into the boiling water and cover.
Boil till meat comes off easily with a fork.



Oven-Baked Baby-Back Ribs

Beef ribs or pork ribs can be used in this recipe,
and that is exactly what your dinner guests will assume!
An excellent way to expose the uninitiated to this highly misunderstood
yet succulent source of protein.

2 human baby rib racks
3 cups barbecue sauce or honey glaze (see index)
Salt
black pepper
white pepper
paprika

Remove the silverskin by loosening from the edges,
then stripping off.
Season generously, rubbing the mixture into the baby?s flesh.
Place 1 quart water in a baking pan, the meat on a wire rack.
Bake uncovered in 250° oven for 1½ hours.
When browned, remove and glaze,
return to oven and bake 20 minutes more to form a glaze.
Cut ribs into individual pieces and serve with extra sauce.



Fresh Sausage

If it becomes necessary to hide the fact that you are eating
human babies, this is the perfect solution.
But if you are still paranoid, you can substitute pork butt.

5 lb. lean chuck roast
3 lb. prime baby butt
2 tablespoons each:
salt
black, white and cayenne peppers
celery salt
garlic powder
parsley flakes
brown sugar
1 teaspoon sage
2 onions
6 cloves garlic
bunch green onions, chopped

Cut the children?s butts and
 
M

me

as necessary.
After at least half an hour, add the carrots and potatoes,
and simmer till root vegetables break with a fork.
Cook a fresh pot of long grained white rice.



Pre-mie Pot Pie

When working with prematurely delivered newborns (or chicken) use sherry;
red wine with beef (buy steak or roast, do not pre-boil).

Pie crust (see index)
Whole fresh pre-mie; eviscerated, head, hands and feet removed
Onions, bell pepper, celery
½ cup wine
Root vegetables of choice (turnips, carrots, potatoes, etc) cubed

Make a crust from scratch - or go shamefully to the frozen food section
of your favorite grocery and select 2 high quality pie crusts (you
will need one for the top also).
Boil the prepared delicacy until the meat starts to come off the bones.
Remove, de-bone and cube; continue to reduce the broth.
Brown the onions, peppers and celery.
Add the meat then season, continue browning.
De-glaze with sherry, add the reduced broth.
Finally, put in the root vegetables and simmer for 15 minutes.
Allow to cool slightly.
Place the pie pan in 375 degree oven for a few minutes so bottom crust is not soggy,
reduce oven to 325.
Fill the pie with stew, place top crust and with a fork, seal the crusts together
then poke holes in top.
Return to oven and bake for 30 minutes, or until pie crust is golden brown.



Sudden Infant Death Soup

SIDS: delicious in winter, comparable to old fashioned Beef and Vegetable Soup.
Its free, you can sell the crib, baby clothes, toys, stroller
 
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C

Cal Lester

meat then season, continue browning.
De-glaze with sherry, add the reduced broth.
Finally, put in the root vegetables and simmer for 15 minutes.
Allow to cool slightly.
Place the pie pan in 375 degree oven for a few minutes so bottom crust is not soggy,
reduce oven to 325.
Fill the pie with stew, place top crust and with a fork, seal the crusts together
then poke holes in top.
Return to oven and bake for 30 minutes, or until pie crust is golden brown.



Sudden Infant Death Soup

SIDS: delicious in winter, comparable to old fashioned Beef and Vegetable Soup.
Its free, you can sell the crib, baby clothes, toys, stroller... and so easy to
procure if such a lucky find is at hand (just pick him up from the crib and
he?s good to go)!

SIDS victim, cleaned
½ cup cooking oil
Carrots
onions
broccoli
whole cabbage
fresh green beans
potato
turnip
celery
tomato
½ stick butter
1 cup cooked pasta (macaroni, shells, etc.)

Remove as much meat as possible, cube, and brown in hot oil.
Add a little water, season, then add the carcass.
Simmer for half an hour keeping the stock thick.
Remove the carcass and add the vegetables slowly to the stock,
so that it remains boiling the whole time.
Cover the pot and simmer till vegetables are tender
(2 hours approximately).
Continue seasoning to taste.
Before serving, add butter and pasta,
serve piping with hot bread and butter.



Offspring Rolls

Similar to Vietnamese style fried rolls, they have lots of meat
(of course this can consist of chicken, beef, pork, or shrimp).
Who can resist this classic appetizer; or light lunch served with
a fresh salad? Versatility is probably this recipe?s greatest virtue,
as one can use the best part of a prime, rare, yearling, or the
morticians occasional horror:
 

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