An Added Benefit For You
Too often, people face unexpected healthcare expenses that eat into their savings. Even if your employer offers a high-deductible healthcare plan, there are still out-of-pocket expenses to pay before your deductible is met. That’s where a health savings account (HSA) can be a valuable option. To learn more about how HSAs can serve as a valuable benefit to you, please contact a Mid America Bank associate today.
Health Savings Account Benefits
You can greatly benefit from a HSA. They can be used to bridge the gap before your deductible kicks in and aid you in paying for qualified medical expenses. HSA benefits include:
- Unused funds roll over year over year
- Access funds when needed
- $25 minimum opening deposit
- Employer and employee can contribute to account
- Earn interest on entire account balance
- Account remains in employee’s name, regardless of career or life change
