Question: If the Monteros average $ 2 , 0 6 0 in annual health care expenses, how much did they save in taxes by using an

If the Monteros average $2,060 in annual health care expenses, how much did they save in taxes by using an HSA? Use the tax rates in the assumptions for the case. Medical tax rate is 1.45%.
Diego currently has a PPO plan from his company. It is a High Deductible Health Care plan with an HSA. The plan has a $3200 individual and $6,400 family deductible. Coinsurance is 90/10 and the out-of-pocket maximums are $6,650 individual and $13,300 family. Diegos plan covers the entire family. He currently puts $300 per month into a Healthcare Savings Account.

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