health savings account


HSA. A part of an employee's health plan, into which deposits can be made by the employer or the employee. These funds can then be used to pay for a variety of the individual's medial expenses, such as insurance co-pays and deductibles, as well as over the counter medicine.

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You should always try to offer as good of a health savings account as you can so that you can get the best employees.

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The health savings account was matched by the employer so the employee was able to spend as needed with regards to the employee's health issues.

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When my wife got sick, we were grateful that we had decided to set aside money from our pay at work into our health savings account to pay our medical bills.

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high-deductible health plan (HDHP) medical savings accounts (MSA)