Health Savings Account

A health savings account is a type of health care plan that helps patients pay for current medical expenses and save for future and retiree expenses, tax-free. It’s combined with your personal savings account, and like other forms of coverage, it builds in value over the years. Health savings accounts are for anyone under 65 who buys a qualified high-deductible policy, and for those who aren’t covered by another health insurance policy. (However, you can have dental, vision, disability, and long term care.)

Health savings accounts are often offered through employers, but they stay with you if you switch jobs.

For more information on a health savings account, give one of our insurance experts a call today.