Health Savings Account’s (HSA’s) were created under the Medicare legislation signed into law by President Bush in 2003. An HSA is a special account owned by an individual used to pay for current and future medical expenses. HSA's are used in conjunction with a high deductible health plan. Under the 2010 and revised Affordable Care Act (ACA) Health Savings Accounts will be an even greater necessity to cover out of pocket costs that occur with unexpected medical needs.
To learn more about HSA’s, please Contact
on of our Personal Banking Specialists.