What are my HSA Benefits?

• You save money on personal taxes since annual contributions to the Savings Account component of an HSA are tax-deductible.
• You save money on current and future day-to-day medical costs by using tax-free dollars to meet those expenses, and an insurance company to pay the catastrophic bills.
• You also save money through lower rates on your health insurance since an HSA allows you to purchase the health plan component of the plan using a lower cost, high deductible, while protecting your higher deductible exposure through the tax-deductible Savings Account component of the HSA.
• Your unused, Savings Account funds, grow tax-deferred - what you don't spend you keep year after year (a lot like an Individual Retirement Account, except that you use it to pay for medical expenses).