Health insurance companies began offering low-cost health insurance plans known as High-Deductible Health Plans (HDHP) as an alternative to epensive and traditional Oklahoma health insurance plans. You can purchase an affordable, low-premium Oklahoma health insurance plan by combining a high-deductible plan with a Health Savings Account (HSA). Both individual and family high-deductible insurance plans have been created to help you save money on health insurance. Basically, health care costs are divided between health insurance and health care savings when you use your high-deductible plan with HSA. At year-end, the leftover money in your HSA is carried over into the following year. This money accumulates and earns interest. The money that you save in your HSA is actually eempted from ta. Funds from your HSA are used to pay for your medical epenses until your deductible is met. When this deductible has been met, the insurance company starts providing coverage for you. In general, 100% of your medical costs are covered after your deductible. You can find the most affordable Oklahoma health insurance by searching for information from insurance websites. There are certain websites that offer insurance quotes, provide insurance application forms and will even process your coverage application immediately. Or you can also consult a local independent agent who can eplain different health insurance benefits that you need. -- June 19, 2009 @ 4:17 pm