What is a Health Savings Account (HSA)?
An HSA is a savings account in your name that offers a different way to pay for health care expenses on a tax-advantaged basis. HSAs enable you to pay for current eligible medical expenses and save for future ones on a tax-free basis. In order to be eligible to contribute to an HSA, the HSA […]
What is a “High Deductible Health Plan” (HDHP)?
You must be enrolled in an HSA-eligible high deductible health plan (HDHP) if you want to legally open and contribute to an HSA. An HDHP is a health insurance plan that generally doesn’t pay for first dollar health care expenses, other than preventive services. Your HSA is available to help you pay for qualified medical […]
How can I open a Health Savings Account (HSA)?
Contact FlexBank at 888.677.8373.