Healthcare costs are rising every year. Premiums, doctor visits, and prescription drugs are becoming more expensive. One way to manage these costs is through a high deductible health plan (HDHP) paired with a health savings account (HSA). Understanding the benefits of a health savings account can help you take control of your healthcare spending—both now and in the future. What is a Health Savings Account? An HSA is a personal savings account. It works with an HSA-compatible health plan offered by your employer. You can use it to pay for qualified medical expenses—tax-free.* The benefits of a health savings account make it a smart…
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