What is an HSA?
According to Health Equity, an HSA (Health Savings Account) paired with an HSA-qualified health plan allows you to make tax-free contributions to an FDIC-insured savings account.
What does that mean? It means that you have the opportunity to have an account where you can use the money within that account, for a majority of your medical expenses. To top it off, Dr. Davis & Dr. Pyle give you a contribution to get it started! Thats right, you read that right. Dr. Davis & Dr. Pyle as owners, give each of us $2,000 to put in our HSA to help us start saving and growing interest on our HSA.
For some of you, this may sound familiar while for others you are just learning everything about an HSA. Below is the link to Health Equity, where you can use this as a reference with any questions or concerns. The website contains videos, lists and articles that will help you understand it more & more.
To get you started with your HSA, there are 2 things you will run into first. Which are:
- How do I sign up?
- I went to the doctor, but now what?
Below are 2 videos that our team as put together for you. Take time and review them and use them as a reference while learning your HSA.