Forbes: Misunderstandings About Health Savings Accounts, 7 Takeaways

  1. 43% think an HSA is an account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses.
  2. 41% think you can use one to pay health insurance deductibles
  3. coinsurance and copays.
  4. 20% think you can set up an HSA with any type of health insurance plan.
  5. 19% think that if you don't use the money in an HSA by the end of the year you lose it.
  6. 15% think if you switch jobs
  7. you lose your HSA.
  8. 5% answered none of the above.
  9. 25% don't know what an HSA is.

Source: Forbes, July 18, 2022 - https://www.forbes.com/advisor/health-insurance/confused-by-health-insurance-te…

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