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Unread 2010-12-31, 16:47   #10
JangoFett's Avatar
Mecha+ Member

Nov 1 2004
3,467 posts
Age 40
Long, long ago in a galaxy far, far away

An HSA requires that you get a high-deductible insurance plan, usually a $2,500 - $5,000 deductible in exchange for lower monthly premiums. You can set aside up to the deductible $ amount in a savings account each year (pre-tax). It works great for people who rarely go to the doctor, they can save up the deductible in a savings account and use it for medical expenses.
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