Health Savings Accounts

Health Savings Accounts (HSAs) are a new way for consumers to pay for medical expenses. Almost anyone with a qualifying high-deductible health plan can have a Health Savings Account.

HSAs provide a good way to save for current and future medical expenses. HSA funds can pay for expenses before you meet your deductible as well as help pay for services not covered by your health plan, such as: co-payments for prescriptions and office visits, COBRA coverage during periods of unemployment, medical expenses after retirement, and long-term care expenses, to name just a few.

Unlike some other types of accounts, you don't lose HSA funds at the end of the year. Unspent balances remain in your account earning interest until you spend them on medical care.

For Mountain America Credit Union members, HSAs offer a new approach to healthcare that puts you in control. See your nearest Mountain America branch for more information, or call us today at (801) 325-6228 or Toll Free at 1-800-748-4302.