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Everything You Need to Know About Using Health Savings Accounts

A health savings account can help pay for eligible medical expenses not covered by an insurance plan, including the deductible, coinsurance and even health insurance premiums in some cases. HSAs can be funded with your tax-exempt dollars, by your employer, by a family member or by anyone else on your behalf.

When it comes to using an HSA, many questions arise, such as:

  • What expenses are eligible for tax-free reimbursement from my HSA?
  • Are dental and vision care qualified medical expenses under an HSA?
  • What medical expenses are not eligible for tax-free reimbursement from my HSA?

Get the answers to these questions and more in two Know Your Benefits articles: Frequently Asked Questions About Using HSAs and Understanding a Health Savings Account.  

For more information about employee benefits, our services and products, contact HANYS Benefit Services by email or call 800.388.1963.

These Know Your Benefits articles are provided by HANYS Benefit Services and are to be used for informational purposes only and not intended to replace the advice of an insurance professional. © 2020-2021 Zywave, Inc. All rights reserved.

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