Call Toll Free:
888­.423.6437
Health Insurancee

From top carriers

Health Savings Account or HSA

A Health Savings Account is an alternative to traditional health insurance; it is a savings product that offers a different way for consumers to pay for their health care. HSAs enable you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis.

You must be covered by a High Deductible Health Plan (HDHP) to be able to take advantage of HSAs. An HDHP generally costs less than what traditional health care coverage costs, so the money that you save on insurance can therefore be put into the Health Savings Account.

You own and you control the money in your HSA. Decisions on how to spend the money are made by you without relying on a third party or a health insurer. You will also decide what types of investments to make with the money in the account in order to make it grow.

Other Glossary Terms

What Our Customers Say...

  • "Benepath gave me online health insurance quotes, just like they advertised. It only took me a minute, and my family saved around $100 a month over what we were paying."
    Rob Townsend

  • "Getting my health insurance quotes at Benepath was a great experience. In a few seconds I immediately got over 50 quotes from all the top carriers. It helped me save over $200 a month! Thanks Benepat
    Susan Browning