Advantages of HSA

• Highlights of HSA



• Highlights of Tax Savings



• When you file your taxes each year, all of the money you have deposited into your own HSA will be tax-deductible.



• When you visit a physician, you pay with tax-free money from your savings account at the discounted PPO rate.



• When you need to purchase prescriptions, you pay with tax-free money from your savings account at the discounted PPO rate.



• Some medical expenses not covered under traditional health plans are covered under the HSA. (dental work, vision care, lasik, braces, maternity, etc.)



• By funding the HSA account every year, you will reduce your taxes each year plus, more importantly, it will give you a larger and larger cushion against unexpected "catastrophic" type claims in the future.



• Dipping into your HSA savings account is NOT the same as dipping into your pockets - your HSA is the functional equivalent of "insurance coverage for the small bills" - what you don't have to use is yours to keep - which is dramatically different than paying an insurance company a few thousand dollars a year to do virtually the same thing...insure the "small" bills. Pay yourself not the insurance company.



• HSA funds can be used to pay any provider with no network restrictions.