Ads
related to: how much does homeland pay for health insurance with hsa moneythpmedicare.org has been visited by 10K+ users in the past month
onlinefinance.net has been visited by 100K+ users in the past month
hsastore.com has been visited by 10K+ users in the past month
warbyparker.com has been visited by 100K+ users in the past month
Search results
Results From The WOW.Com Content Network
A health savings account, or HSA, is a tax-advantaged savings account for paying medical expenses that is available to consumers with high-deductible health insurance plans.
In general, that means a health insurance plan with a $1,400 deductible for individuals and $2,800 for families. It is a great savings option that is tax-advantaged for medical expenses.
A survey of health insurers performed by America's Health Insurance Plans (AHIP) found that 4.5 million Americans were covered by HSA-qualified health plans as of January 2007. Of those, 3.4 million were covered through employer-sponsored plans, and 1.1 million were covered by individually purchased HSA-qualified plans.
HSAs were created in 2003 to help Americans manage and reduce the rising costs of healthcare.
At this time there are no financial institutions opening new MSAs. This is because of the creation of the Health Savings Account (HSA) in 2003. [5] The HSA is available to everyone who participates in a qualifying High Deductible Health Plan (HDHP), not just the self-employed or small corporations. [3]
Read more: The average American family spends $23,968/year for health insurance — just 3 minutes can help you nail down less expensive coverage Aim to use your HSA for qualifying expenses