12.07.2015 Views

Plan Brochure - eHealthInsurance.com

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A Brief OverviewWhat Is An HSA?You can think of an HSA as a savings account foryour health. That’s because you can use the money inthis account to pay for eligible health care expenses.In addition, HSAs are individually owned accounts.They’re designed to give you more control over howyou manage your health care expenses. And, they’redesigned to help you save for up<strong>com</strong>ing qualifiedmedical and retiree health expenses on atax-free basis.HSAs are similar to individual retirement accounts(IRAs) because funds may grow through interest andinvestments, and because unused funds roll overfrom year to year. Just remember, you must first havean HSA-<strong>com</strong>patible HDHP before you can establishan HSA.3

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