You may wonder why you need a Health Savings Account? Hereâ€™s how a Health Savings Account (HSA) can work for you:
Move from a high cost, traditional health plan to a lower cost High Deductible Health Plan (HDHP). The money you save can be deposited into a tax-deductible HSA.
Use your HSA to pay for smaller covered medical expenses until your health plan deductible is met â€“ this way, should the need arise your health insurance plan will then take care of any medical expenses exceeding the deductible.
Below we have compiled a list of the most frequently asked questions regarding HSAs. If you need assistance by phone, please call us at the number below after reviewing the following information.