Health Savings Accounts
The constant changes in health insurance plans and their costs can be overwhelming.
A Health Savings Account (HSA) in conjunction with a qualified high deductible health
plan (HDHP) may be just what you need. A HSA is a tax-exempt savings account established
exclusively for the purpose of paying or reimbursing qualified medical expenses
of you, your spouse and your dependents.
You can use funds in your HSA to pay for qualified medical expenses until your deductible
is met. In addition the funds can help pay for your current plan's deductible or
qualified medical expenses not covered by your insurance policy, including but not
limited too:
- Monthly Insurance Premiums
- Routine Healthcare Expenses
- Prescription Drugs
- Dental/Orthodontic Care
- Emergency Room Visits
- Specialists
Qualified medical expenses are paid via check or debit card provided with the account.
For more information or to open a HSA account contact one of customer service representatives
at
480.596.0883
or stop in and see us for more information.
Questions?
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Information about Health Savings Accounts can be found from various resources, including
www.irs.govThese links are provided as a convenience to you. These links are controlled by third parties and Central Arizona Bank does not endorse, approve, certify, or control third party sites. Any transactions engaged in or products purchased on these sites is at your own risk.
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