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Health Savings Account (HSA)

Medicare Glossary

A tax-advantaged savings account available to individuals enrolled in a high-deductible health plan (HDHP), used to pay for qualified medical expenses. Contributions, earnings, and withdrawals for eligible expenses are all tax-free. Note: You cannot contribute to an HSA once you enroll in Medicare.

This content is for educational purposes only and does not constitute a recommendation of any specific Medicare plan. Benefits, costs, and availability vary by plan and location. For complete information about your Medicare options, visit Medicare.gov or call 1-800-MEDICARE (1-800-633-4227), TTY: 1-877-486-2048, available 24 hours a day, 7 days a week.