health savings accounts
Health savings accounts (HSAs) are personal savings plans that offer a tax-advantaged way for individuals to save money for medical expenses. They are designed to be used in conjunction with high-deductible health insurance plans, allowing individuals to set aside funds for qualified medical costs while enjoying potential tax benefits.
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Related Concepts (1)
Similar Concepts
- affordable care act
- health and human services supplemental appropriations
- health care tax credits
- health insurance
- health insurance exchanges
- health reimbursement arrangements (hras)
- health savings account deductions
- healthcare spending
- healthcare subsidies
- hospital spending
- medicare savings programs
- preventive healthcare spending
- public health insurance
- safety net savings
- tax subsidies for healthcare expenses