What is a Health Savings Account?
A Health Savings Account (HSA) is a tax-exempt account you can open with a bank or insurance company. This account lets you save money for out-of-pocket medical expenses such as doctor visits, dental care, vision costs, and prescriptions. The list of eligible expenses is extensive, covering a wide range of health-related costs, which makes it a valuable tool for managing your healthcare expenses effectively. An HSA will allow you to save money while ensuring you’re prepared for unexpected medical bills.
