Stratus.HR
JUNE 11, 2021
Considering they have lower premiums and provide the ability to use pre-tax dollars to pay for out-of-pocket costs, what’s not to love? Well, there’s a flipside of HDHPs and HSAs that includes a higher deductible and added out-of-pocket costs. HSA Bank Fees. HSA-Eligible Expenses.
Higginbotham
NOVEMBER 28, 2022
The owner of the account can use it to pay for qualified medical expenses. Unlike Flexible Spending Accounts (FSAs), which are owned by employers, individuals own HSAs. However, as these plans also have higher out-of-pocket costs, they may not be a good option for people with higher health care expenses.
AssuredPartners
MARCH 31, 2020
Consumers may also receive reimbursement for OTC purchases through those accounts. In addition, menstrual products are now considered a qualified medical expense, meaning consumers can pay for or be reimbursed for these products through an HSA, HCFSA or HRA.
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