An Apple A Day and an HSA

When an apple is not enough to keep the doctor away, a Health Savings Account (HSA) may be what you need to pay for uninsured health costs.

 

A Health Savings Account is a tax-exempt custodial account established for the purpose of paying qualified medical expenses for you, your spouse, and your dependents.

 

You may be eligible for a HSA if:

Ü     You are covered by a high-deductible health plan

Ü     You are not covered by any other health plan that is not a high-deductible health plan

Ü     You are not enrolled in Medicare

Ü     You cannot be claimed as a dependent on another individual’s tax return

 

For more information please contact a customer service representative at your local First National Bank branch.