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Showing posts with the label HSA

I see you! Using your HSA for eye care.

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                                                       I went to see my eye doctor recently. My husband and I have an Health Savings Account, so I used that to pay for my exam and new glasses. In the course of that visit, my doctor and I discussed all the things you could use an HSA for when at the eye doctor, so I thought I'd share a few here. 👀 Exam 👀 Glasses 👀 Contact lenses 👀 Vision therapy 👀 Prescription sunglasses 👀 Anti-fogging solution (especially useful when wearing a mask!) I'll be sharing a few more ideas on how to use your HSA card in the coming weeks, so please be on the lookout for that. In the comments below, I've included a link to a blog on HSAs if you'd like to read more about them. Have a question? Let me know! PS: Need a great eye doctor in NW Houston? Go see Dr. Erin Pitts  at Eyes on Cypress . #hsas   #employeeb...

Health Savings what?

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From time-to-time, I get the question “why would I choose an HSA over a copay plan?”  There are a number of reasons why actually.  First of all, a Health Savings Account is a special savings account, exclusively for medical expenses. It can be a great tool for families who don’t expect to use their health plan much in a given year. Plus, it can help you save on important tax dollars. What? A health plan that can help me save money on my taxes? Yep.  To start, you must have an HSA-designated High Deductible Health Plan. Just because it has what you consider a high deductible, doesn’t mean that it qualifies. It must actually be HSA designated by the insurance company. An easy way to tell would be if your plan qualifies is if there are no copays before you hit your deductible. Tax savings At work, you may have an HSA plan in your benefits offering. You also may have an actual Health Savings Account available to you. Sometimes, an employer offers an HSA plan and lets you elec...