Ontario Health Insurance
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Health Savings Account is it right for you
By Joseph Spalding
Exploring the Health Savings Account; is it right for you?
The healthcare insurance marketplace, working with the federal government, has recently begun to offer an alternative to traditional health insurance. This new option, known as the Health Savings Account, is designed to give consumers more control and accountability for their health care spending and to ease the burden on employers who have been struggling under the continually increasing cost of healthcare.
The Health Savings Account (HSA) is a savings account that accepts pre-tax dollars designated for healthcare expenditures only. You are entitled to establish and use an HSA if you are enrolled in a high deductibl...
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