If you have a chiropractic practice and you don’t have health insurance for yourself and your staff, you should consider searching for this coverage. I know chiropractors are health and “well adjusted,” but you never know when an accident might happen. You can buy traditional health insurance, but you might also consider a Health Savings Accouint. It works like this:  You select an insurance plan with a high annual deductible (up to $5000) .  Then you put the deductible (usually through payroll deductions) into a savings account specifically designated to pay health care bills.  The money that goes into the savings account is tax-deductible, and the monthly insurance premiums are lower than a traditional plan. 

For example, let’s say you have selected a health insurance plan with a $1500 deductible and a monthly premium of $280.00.  Each month, you put $125.00 into the HSA bank account.  When you have medical bills that are not paid by insurance, you can pay them out of this bank account.  Of course, you have to have the money in the account to pay from the account.  If you had a $500 bill in January, you would have to use other money to pay it, or wait until you had $500 in the HSA.  For more information on HSA’s, go to this website:  http://sbinformation.about.com/od/insurance/a/ucHSA.htm

To look for an HSA health insurance account, the best place I’ve found is www.ehealthinsurance.com .  On this website, you don’t have to give all your personal information to see quotes, and you can see if your doctor is on one of the plans.