Commonwealth Fund Explains Who Benefits from Health Savings Accounts
Many recent pieces of proposed legislation, including the American Health Care Act (H.R.1628), would extend the use of Health Savings Accounts (HSAs), a tax-free account that can be used to pay for specific medical expenses. But are HSAs equally valuable to people across all economic levels? The Commonwealth Fund tackles this question by looking at what HSAs are, how they work, who uses them, and who benefits if their use increases.