College For Health Insurance Students
|
|
|
Welcome to our special collection of educational writings and resources
to support your health insurance search. This site is updated daily. |
|
|
|
Health Savings Accounts Great Option for Small Businesses and Individuals
By Dianne Goodman
Health Savings Accounts – HSA's – The Who, What, Where, When and Why on HSA's.
What is an HSA?
Health Savings Accounts - HSA's are accounts owned by the individual that allow money to be deposited into a tax-deferred account to pay for current and future medical expenses. They are similar to an MSA-Medical Savings Account, which was the predecessor of the HSA. This money can be deposited by you and/or your employer. You can think of it as an IRA/Flex account combination. An HSA must be tied to a high-deductible health insurance plan (HDHP) which is designed to fit the requirements of an HSA. There are limitations on the amount that can be contr...
[ Read Article ]
|
|
| Copyright 2012 |
|
