According to HealthCare.gov, an HSA, or a Health Savings Account, is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. If you have an HSA plan, then you can use your untaxed dollars to contribute to your deductibles, copayments, coinsurance, and other expenses that will help to lower your overall healthcare costs.
Aside from doctor’s appointments and ER visits, did you know that there is a whole list of things that you can spend your HSA money on?
That’s right! There’s a curated list that comes out each year that includes a plethora of HSA eligible expenses.
Some of the new eligible expenses for 2022 include:
- Acne medication
- COVID tests
- Allergy medication
- Eye drops
Just go to https://www.goodrx.com/insurance/fsa-hsa/hsa-eligible-expenses-2022 to check out that list today!
If you have any questions about your HSA plan, give Clevenger Insurance a call today at 574-267-2181.