Health savings accounts are becoming a viable alternative as many families try to put money away for future medical expenses. A health savings account is a tax advantaged plan that is designed to help account holders save money for future medical expenses.
A health savings account is a savings account that is funded with dollars taken out of your income before taxes. The goal of an HSA is to pay for any major medical expenses that are not covered by your current insurance plan with pre-tax dollars that you save for yourself.
National Health Partners' CARExpress membership programs can be designed as a supplement to HSA programs. Consumers can use CAREXpress programs to reduce their out-of-pocket costs when they use their HSA funds to pay qualified medical expenses.