All about consumer-driven health care: Health Savings Accounts still available

Hawthorne, Kate
June 2009
Northern Colorado Business Report;6/19/2009, Vol. 14 Issue 20, p17
The article offers information on the Health Savings Account (HSA) which was introduced in 2003 in the U.S. An HSA which is an alternative to tax-free savings vehicle and traditional insurance plans allow an individual to pay for current health expenses and save for further medical expenses. As cited, individuals can set up HSAs at credit unions, banks or through insurance companies and to take its advantage, an individual must be covered by health plan or catastrophic coverage.


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