These tax-advantaged, interest-bearing savings accounts serve as a valuable tool for both employees and employers in managing the rising costs associated with health care.
Health saving accounts (HSAs) are tax-advantaged, interest-bearing savings accounts that give employees the ability to fund their own account and offer the flexibility to set aside dollars for their own health care.
Similar to the idea of cord-cutting cable television services, millennials are increasingly ditching traditional primary care models and opting for health savings accounts or HSAs.
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