Health Savings Account: The Savings Account You Need

WASHINGTON, March 21, 2019 /PRNewswire/ — Determining the best healthcare coverage plan can be difficult. Often, consumers choose a healthcare plan without really knowing what the upcoming year has in store for their family’s health. Because you can’t predict the future, there are times consumers must cover out-of-pocket expenses that may not be covered by their health insurance or are expenses they must pay before reaching their deductible. When consumers enroll in a high deductible health plan, they are eligible to open a health savings account (HSA), which serves as a personal savings account to be used for qualified healthcare expenses. ...

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