WELLNESS HEALTHCARE INTRODUCES AFFORDABLE "CONSUMER-DRIVEN" HEALTH INSURANCE -THE "401k" OF HEALTH PLANS- FROM THE COMPANIES YOU KNOW AND TRUST

Today, the traditional health policy costs the consumer what can seem like a small fortune. Rising medical costs have pushed health insurance premiums higher every year. As a result, many small businesses don't offer any medical coverage to employees. And many self-employed individuals can't afford coverage.

Thanks to a June 26, 2002, ruling by the U.S. Treasury Department and the Internal Revenue Service, that says certain "health reimbursement arrangements" or HRAs are not taxable, Wellness HealthCare is offering "consumer-driven" health plans from the largest and most popular health care providers nationwide: Aetna, BXBS, Fortis, Humana.

According to Dr. Michael Nicolazzo, founder and CEO of Wellness HealthCare, "This is ideal for either the self-employed or businesses of any size, with the advantages of being able to choose your own doctors and hospitals, while still capping out-of-pocket expenses at a reasonable level. And for the first time, they can do it 24 hours a day, over the Internet."

Additionally, the money not spent on premiums can be kept in a tax-deductible Wellness Savings Account to pay for qualified medical expenses tax-free, and is not subject to the so-called "use-it-or-lose-it" rule. Whatever money isn't used from these accounts during a benefit year can "rollover" for use in later years. Money can be withdrawn from the Wellness Account at any time to cover qualified medical expenses, which can include things like glasses, laser eye surgery, dental implants, and a host of other "medical expenses" that would not be covered under a traditional plan.

According to Paul Fronstin, a senior research associate at the Employee Benefit Research Institute, a national nonprofit organization based in Washington, D.C., "…we may see 90 percent of employers enrolled in these types of [consumer-driven plans."

In fact, health policy experts say HRAs may be used to reimburse laid-off employees for the purchase of health insurance under COBRA.

Prospective customers can access price quotes, application forms, and purchase of healthcare coverage at: http://www.wellnesshealthcare.us
              
         







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