Upcoming changes in legislation will allow additional benefits to those with Health Savings Accounts (HSA). Key benefits include:
- HSA funds can soon be used to pay fees at concierge and direct primary care practices. Up to $150 a month can be paid with an HSA account.
- Bronze-level and catastrophic health insurance plans purchased through a health insurance exchange can now include HSA features.
- Soon, you can use up to $500 a year in HSA funds to pay for a membership at a fitness facility and for participation and instruction in physical exercise.
This news is reported by an Internal Medicine specialist. So talk with your tax advisor before making any decisions.
