HSA – What Is It? A health savings account is a special kind of savings account. An HSA can help you save money for medical expenses if you are insured by a qualified high deductible healthcare plan. An HSA comes with multiple benefits. It is tax-free as well as acts as a long-term savings tool. […]
Category: Health Savings Account
Health Savings Account and What You Should Know
What is a Health Savings Account? Healthcare costs and health insurance premiums are rising every year. Health Savings Account (HSA) is one of the most effective ways to save pre-tax income to pay for medical expenses. Health Savings Account is a special savings account that can help pay for expenses related to healthcare. Here are […]
Health Insurance Deductibles & Lower Premiums
Health insurance deductibles can play an important role in determining the health insurance premium, and at times, reducing it. A health insurance deductible is the amount that you need to pay out of your pocket before the insurance company starts paying under the insurance policy. It means you need to have available funds to pay […]
All You Need to Know About Health Savings Account
What is a Health Savings Account (HSA)? A Health Savings Account is an account with tax advantages for individuals who are covered under health insurance plans with high deductibles. It helps people save for qualified medical expenses, which are over and above the coverage limit of a health plan or are excluded from it. The […]
