Archives: 2023

Here are the Advantages to Having a Health Savings Account

Posted: January 13, 2023

Here are the Advantages to Having a Health Savings Account

Many employers today are offering high-deductible health insurance plans along with health savings accounts (HSAs). The downside is the high deductible – the amount you must pay out-of-pocket for covered medical expenses before your health plan kicks in. Nevertheless, HSAs have a number of benefits for employees. How Does a Health Savings Account Work? An HSA is a medical savings account that is only available...