HSA Benefits
Individuals and families across America are saving significantly on healthcare by opting for a Health Savings Account (HSA), rather than traditional health insurance.
With a HSA you get:
Greater Control and Ownership
- You determine how much money to put into your account and if it is used for current or future medical expenses
- Funds roll-over and continue to grow year-after-year, unlike other plans that have "use it or lose it" restrictions
Increased Savings and Security
- Lower your health insurance premiums and protect yourself from unanticipated medical expenses with a high insurance deductible and HSA
- Triple tax savings for HSAs include: a) tax deductions from contributing to your HSA; b) tax-free earnings from investments; and c) tax-free withdrawals for qualified health related expenses
Professional Management and Flexibility
- HSAs are portable and always remain yours despite a change in employment/unemployment, medical coverage or residence
- A Lifespring Health partner will assist you and professionally manage your account