A Health Savings Account (HSA) is a savings account specifically set up to allow individuals to pay for qualified medical expenses. MoleMapCD is recognized by the American Medical Association under CPT code 96904 and can be paid for using an HSA.

HSA is a special tax advantaged account – where money goes in tax free, earns interest tax free and is not taxed when it is withdrawn to pay for qualified expenses. Lubrizol makes a tax free contribution to your HSA each January 1. You can also make contributions to your account. At the end of the year, any money remaining in your HSA rolls over to the next year. You own your HSA so you keep the funds even if you change jobs or health plans.

Don't sue us! Fractured Atlas is not an insurance company. We're also not lawyers, brokers, agents, doctors, or anyone else qualified to give professional advice. We try our best to be helpful, but take anything written here with a handful of salt.

Health Savings Accounts (H.S.A.s) were designed to give individuals tax advantages to offset healthcare costs.

An HSA combines a high-deductible health insurance policy with a tax-exempt savings account established exclusively to pay qualified medical expenses. The insured person controls the savings account, using it to pay health care and related expenses, such as dental, vision, and prescription drugs. It is particularly attractive because contributions to the savings account are tax-deductible.

Health Savings Accounts (HSA's) have some real advantages over traditional high deductible plans. The government allows a significant top line deduction from income taxes when you open an qualified HSA plan and deposit money into it. The money in the account can gain tax free interest and can be used to pay the deductible or other medical expenses not covered in the policy. The premium is generally lower than other health plans offered.

HSA is a bank account held by a bank or custodian that can be used to pay for medical care. Money can be deposited into the account by individuals and/or employers on a tax free basis and used to pay for qualified medical services tax free. In order to open and contribute to an HSA, an individual must be covered by a high deductible health plan that meets certain government mandated requirements.

Before you can apply for an HSA you must be approved for coverage and enrolled in our Providence Open Option HSA Plan. HSAs are managed by HSA trustees, usually a bank or other financial institution. You choose the bank that will administer your HSA. For HSA information, you should consult the bank administering your HSA. For your convenience, we have partnered with U.S. Bank, an FDIC-insured financial institution.