How do you design a health plan that is attractive to employees
but will keep your premiums under control, year after year?
The solution is consumer-directed health care.
You provide the benefits they need, but give them incentives to use those benefits wisely.
Every group faces different challenges and needs, and there is no single solution that will work for every group. AHR plans are custom tailored to the needs of your company. We work with you and your agent to create a plan that employees will appreciate- and one that will provide sustainable control over your health plan costs for years to come.
Are you ready to find a lasting solution to the problem of uncontrolled
health insurance costs?
Call us for a free consultation- we will review your current plan with you, and help you and your agent explore the best choices for the future.
11 N 2nd Ave St Charles, IL 60174 (630) 762-1717
Fund Money Market Account
The AHR Fund Account is an FDIC insured money market account currently (09/01/10) paying .5% - considerably more than is paid by banks for small savings/ or debit accounts. It is offered by our financial custodians, who are Harris Bank, Venture Bank, Beacon Bank, M & I Trust, First Bank and Trust and American Chartered. Safe and available when you need it, the Fund Account is the right choice for the conservative investor.
AHR lets you choose any brokerage house or mutual fund you want for your HSA. Our HSA clients have accounts with many superb mutual funds and investment houses, including: Vanguard, Oakmark, AIM, Fidelity, Kaufmann, Legg-Mason, Heartland, Scudder, PBHG, American Century and many others. Once you have enough money in your HSA to meet the minimum investment requirement of the security you choose, AHR will open an account with that security for you. AHR does not charge any fees or commissions for this service!To choose this option, simply write in the name and portfolio number of the fund you want on our (enrollment form). We will open an account with that fund for you*!
Same-day payment of claims. Most administrators have a 2 week Ďbacklogí of claims to be processed, and issue checks once a week.
We have no backlog, and issue checks daily. In fact, 97% of claims sent to us are paid and checks mailed within 1 business day.
With AHR, You donít have to wonder if your claim was received, or wait for weeks to get it paid.
We pay your doctors and hospitals directly, if you wish. You just tell us where to send the check, and itís done. This is why most doctors and hospitals donít demand payment up front if they know you are with AHR- they know they will be paid promptly and accurately.
On-line submission of claims. Log in, tell us who to pay, attach your documentation and hit the Ďsendí button. Youíre done! Want proof? Go to your home page on our website and you will see that the claim is in our system. And even better, you will receive an email confirmation from us when itís paid.
Real people with real answers. When you call AHR, you wonít get routed around by an automated phone system. The phone will be answered by a professional who has instant access to everything needed to give you answers and solutions.
Infinite flexibility. We can handle any kind of plan you have in mind, provide any solution you need. We can provide multiple accounts, split payments between HRA and FSA, combine HSA and HRA, pay only certain percentages, or for only certain services, or pay only after a certain deductible limit has been reached.
No debit cards means no cheating. Letís face it- itís easy to scam a health plan that provides debit cards or checkbooks. And thatís why we donít offer them. The company dollars that go to your health plan with AHR are totally secure. They are locked down for medical care only, not for Ďsalary enhancementí.
Real time information and reporting. Employers and employees can call AHR or log in to our website and get up to the second information on anything they need to know about their health plan.
Expertise. AHR has been the Ďgo toí company for information and advice about health care issues and plan design for years. We are internationally recognized experts in health care utilization and consumer behavior, and that is why our plans perform as expected, and cost as predicted, year after year. That is why they are sustainable and that is why they succeed.
AHR supports agents and financial planners in a way that really matters: we help you grow your business. Over 7,000 people
visit the AHR website each month, looking for insurance, HSAs and ways to invest their HSAs. If you would like us to list you
as a resource on our site, call us at 800-570-3757, or e-mail us at: firstname.lastname@example.org
AHR can provide you with leads, electronic sales presentations, superb support and an HSA program you can be proud to offer to your clients. And series 6 or 7 licensed agents can earn commissions on HSA investments made for your clients. If you are committed to the success of HSAs and want to excel in this growing market, we can help you.
Would you like to have another tax-free investment? Health Savings Accounts (HSAs) are the answer. HSAs are like an IRA that you can use to pay for medical care.
If you have a HSA eligible health insurance policy, you can: Invest Up to $8,150 each year in a tax-exempt HSA. Like an Ira, deposits are tax deductible,
and made with pre-tax dollars.
Invest your HSA in mutual funds, money market funds and a host of other allowable securities
Let you HSA grow, year after year, earning interest, until you retire! And the best of all, you can have a Roth or an IRA and a HSA!
If you need medical care, your HSA is there to pay for it. Here is how it works:
First, you can use your HSA to pay for care before you reach your health insurance deductible.
Once your expenses reach your deductible, your health insurance kicks into pay for your medical care
You can even use your HSA to pay for products or services not covered by your insurance!
Health Reimbursement Accounts (HRAs) cut insurance costs immediately.
Employers have found that premiums for HMO and low-co pay health insurance policies increase dramatically, year after year. The reason for this is simple:
the more your insurance company has to pay out for medical care, the more it will charge you for insurance premiums.
The solution is just as simple: get an inexpensive high deductible insurance policy to cover large or catastrophic expenses for your employees, and pay for their routine care yourself using a HRA. Here are some of the advantages of a HRA:
-The health insurance deductible can be as low as $250, or as high as $25,000
-HRA payments are deductible for the employer and not taxable as income to the employee
-The HRA only pays for care your employees actually receive, instead of paying insurance premiums for what they might receive.
-Accounts are funded and owned by the employer, not the employee. Employees cannot take the accounts with them if they quit or get fired.
-You can share costs with your employees. For example, you can have your employees pay half of their medical bills and cover the other half for them with a HRA.
To find out more about how a HRA plan can work for you, call AHR at 800-570-3757, or e-mail us at email@example.com
Founded in 1992, AHR was active in the formulation of the original MSA legislation and was one of the first to offer tax qualified savings accounts in the U.S.
AHR knows how health care and health insurance is supposed to work. We custom design and administer the most effective and innovative medical plans available.
KNOW US BY THE COMPANY WE KEEP. AHR has relationships with some of the finest insurance companies, insurance professionals and investment houses in the U.S. With AHR, you know your HSA investments safe.
Custodial accounts at over 187 financial institutions, including: Vanguard, Fidelity, American Funds, Guardian, Federated, AIM, Oppenheimer, Raymond James, Charles Schwab, Waterhouse, E*Trade, Ameritrade, IDEX, Calamos, Legg Mason, PBHG and many others.
Banking fiduciaries: Harris Bank, M&I Trust, Benchmark Bank, First Bank and Trust Legal Counsel: KMZ Rosenman, Massengale & Debruhl, Hitesman & Associates
Our location:11 N 2nd Ave St Charles, IL 60174 (630) 762-1717
Why do people switch their HSAs to AHR? They find out about our:
-Virtually unlimited investment options
-Fast and easy ways to pay for medical care
-Superb, personal, customer service!
Switching is easy!
If you have an HSA checkbook, just write out a check for your account balance, made payable to the AHR Administrative Account, and mail it to us with a completed enrollment form! (Click here ->Enrollment for the form)
If you have another type of account, simply print out the transfer letter (on the "forms" page) and send it to your HSA administrator. Then mail us copy of that letter, along with a completed enrollment form!
Telephone: 800-570-3757 Fax: 630-762-1719 Address: 11 North 2nd Avenue, St. Charles, IL 60174
How do I deposit money into my HSA?
-You can make deposits through a payroll deduction or by sending a check directly to AHR.
How do I take money out of my HSA?
-Just send your medical bill or insurance statement to AHR, and tell us to either pay the provider directly, or reimburse you!
What if I don't have enough money in my HSA to cover a medical bill?
-We can work out a payment plan with your provider for you. Once you approve it, we will pay them each month for you!
How do I keep track of how much money in my HSA account?
-We will send you a statement each quarter, showing your account balance and all transactions for that period. And you can call us, toll-free, during normal business hours to get your current account balance or ask questions about your account!
Are all of my family members covered by my HSA?
What happens after I turn 65?
-You can use your HSA for medical expenses, tax-free, or you can take your money out at your lower, post-retirement tax rate!
Can I use my HSA to pay for health expenses not covered by my insurance?
-Absolutely! You can use your HSA to pay for any health care service or product allowed under Section 213d of the IRS code. These expenses include: Acupuncture, Braille books and magazines, Hair transplants, Birth Control pills, Dentures Laboratory fees, Dental fees, Orthodontia, Eyeglasses/Contact lenses, Electrolysis, Hospital bills, Artificial limbs, Hearing Aids, Obstetrical Expenses, Drugs/medical supplies, Nurses' fees, Psychologist fees, Handicapped special schools, Physician fees, Ambulance, Lead-based paint removal, Alcoholism treatment, Chiropractors, Oxygen And many, many more!
Telephone: 800-570-3757 Fax: 630-762-1719 Address: 11 North 2nd Avenue, St. Charles, IL 60174