Description

Executive Summary

Health savings accounts, or HSAs, are a new
health insurance option that became available in
2004. HSAs couple a tax-preferred savings account
(the HSA) with high-deductible health insurance.
Enrollees or their employers, or both, make tax-free
contributions to the HSA. Enrollees use the funds
in their HSAs to purchase medical care until they
reach their deductibles. At that point, health insurance
begins paying part or all of enrollees