Health Savings Accounts - The
Basics
A Health Savings Account, or HSA, is a tax-exempt
account with a financial institution in which funds accumulate
to pay for medical expenses. They were created in response
to the rising cost of health care with the intent to
give the consumer back the control of their health care
costs as part of a movement towards consumer-driven health-care.
HSAs also give financial incentives for employers of
all sizes to provide health insurance and individual
consumers to have health insurance. HSAs allow you to
enjoy tax reductions while having affordable health insurance
premiums.
 More information about HSAs
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