After Tax Cost of Health Plans: Comparing HSA to Individual Health Plans
	Zip Code	Your Age	Smoker	Spouse Age	Smoker	# of Ch	Effective Date
			N Y		N Y		8 / 1 / 2009. 9 / 1 / 2009. 10 / 1 / 2009. 11 / 1 / 2009. 12 / 1 / 2009.
	Assumed Marginal Tax Rate			0.1 0.15 0.25 0.28 0.33 0.35
	Deductible
	Monthly Cost of Insurance
1	Max HSA Account Deposit						NA	NA
	Monthly Outlay
	Annual Outlay (Monthly x 12)
2	Annual Tax Savings for Ins.
3	Annual Tax Savings for HSA						NA	NA
	Total Annual Tax Savings
4	Annual Outlay - Tax Savings
5	Less Annual HSA Deposit						NA	NA
6	Net Annual Cost
				Insurance Out-of-Pocket Maximum (including deductible)
	Notes:
1	The 2009 Max Annual HSA contribution is $3000 for individuals & $5950 for families
	(HSA Contributions are not required, however, failure to contribute defeats the tax advantages)
2	Annual Cost of Insurance x Tax Rate (100% of insurance premium is deductible to Self-Employed, confirm w/CPA)
3	Tax Rate x Annual HSA Account Deposit
4	Annual cost of insurance less annual taxes saved from deduction for insurance and HSA contributions.
5	The HSA is not a premium expense, but rather a transfer of assets to a tax-deferred account
6	Annual Cost - (Annual Savings + HSA Deposit)
	Other Notes:
	HSA can be used for additional items such as dental, vision, orthodontia, prescription vitamins, etc.
	Funding is not required for HSA.  Not necessary to fund in future years if no claims.
	Unused funds in the tax-deferred HSA account can be withdrawn without penalty at age 65,
	but withdrawals are subject to federal taxes if withdrawn for non-qualified expenses.
For more info on any of the plans, contact Green Financial at 800-877-8019
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