Health Savings Accounts – HSA

The Health Savings Account – HSA, is a form of savings account that is matched with a high deductible, HSA-eligible plan and receives special tax benefits. High deductible plans usually have lower monthly premiums than low deductible plans.

You may deduct HSA contributions from your taxable income, accrue interest in your HSA tax-free, and the money in your HSA rolls over every year. There is no penalty for using your HSA to pay for qualified medical expenses.

eHealthInsurance lets you narrow your search to find only HSA-eligible plans.