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What medical expenses can your health savings account (HSA) be used for?

ANSWER

You can use the money in an HSA to pay for your deductible or other medical expenses such as:

  • Doctor visits
  • Hospital stays
  • Eyeglasses and contacts lenses
  • Chiropractic care
  • Prescription drugs

SOURCES:

Forbes.com: "Comparing Health Savings And Flexible Spending Accounts."

Kiplinger's Personal Finance, April 2013: "FAQs About Health Savings Accounts."

Creighton.edu: "FSAs, HSAs and Limited Purpose FSAs -- What's Right For You?"

American Medical Association: "Health Savings Accounts."

Healthcare.gov: "Flexible Spending Account."

Reviewed by Sarah Goodell on February 16, 2018

SOURCES:

Forbes.com: "Comparing Health Savings And Flexible Spending Accounts."

Kiplinger's Personal Finance, April 2013: "FAQs About Health Savings Accounts."

Creighton.edu: "FSAs, HSAs and Limited Purpose FSAs -- What's Right For You?"

American Medical Association: "Health Savings Accounts."

Healthcare.gov: "Flexible Spending Account."

Reviewed by Sarah Goodell on February 16, 2018

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What are the tax advantages of a health savings account (HSA)?

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THIS TOOL DOES NOT PROVIDE MEDICAL ADVICE. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional medical advice, diagnosis or treatment and should not be relied on to make decisions about your health. Never ignore professional medical advice in seeking treatment because of something you have read on the WebMD Site. If you think you may have a medical emergency, immediately call your doctor or dial 911.

    This tool does not provide medical advice. See additional information.

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