Health Savings Accounts

Established by an eligible individual or by an employer for an eligible employee, an HSA is used for paying qualified medical expenses. HSAs combine a savings account with a high-deductible health insurance plan, offering lower health insurance premiums with various tax advantages. Made possible through the Medicare Prescription Drug and Modernization Act, these Archer MSA-like accounts became available on January 1, 2004 for virtually anyone who has coverage under a HDHP. See Treasury Dept. HSA Guidlines.



  • Participating is easy
  • Lower premiums
  • Flexibility
  • Tax-favored contributions
  • Tax-free distributions
  • Funds rollover & accrual

To learn more about High Deductible options, and HSAs, please contact us.