What type of expenses can you use a Health Savings Account for?

You can use HSA funds to pay for a wide range of eligible medical expenses tax-free—including doctor visits, prescriptions, dental and vision care, hearing services, and chiropractic visits. You can also use your HSA to pay for medical care for your spouse or dependents, even if they aren’t on your insurance plan. In 2025, over-the-counter medications like pain relievers and allergy medicine are once again eligible expenses, even without a prescription. Certain insurance premiums—like COBRA, long-term care, and Medicare Part B and D—can also be paid with HSA funds. Read more →

How is an HSA plan different from a regular health plan?

An HSA-qualified plan, or High-Deductible Health Plan (HDHP), is designed to be paired with a Health Savings Account (HSA). For 2025, these plans must have minimum deductibles of $1,650 for individual coverage and $3,300 for family coverage, with maximum out-of-pocket limits of $8,300 and $16,600, respectively. Unlike traditional health plans, HDHPs typically don't offer copayments for services like doctor visits or prescriptions before meeting the deductible. Instead, you pay the full discounted rate for services until the deductible is met. Preventive care, however, is covered at 100% without cost-sharing. Read more →

A Health Savings Account (HSA) is a special tax-advantaged account available to people enrolled in a high-deductible health plan (HDHP). You can use it to pay for qualified medical expenses with tax-free dollars. In 2025, you can contribute up to $4,300 if you have self-only coverage, or up to $8,550 for family coverage, plus an extra $1,000 if you're age 55 or older. HSAs offer a triple-tax benefit: your contributions are tax-deductible, the money grows tax-free, and withdrawals for qualified medical expenses are tax-free. You own the account, the funds roll over year to year, and the money stays with you even if you change jobs or retire. Read more →

What is Medicare Part D and how much does it cost?

Medicare Part D provides prescription drug coverage through private insurance companies. Costs vary by plan and include monthly premiums, copays, and sometimes a deductible. You can get Part D as a standalone plan or bundled into a Medicare Advantage plan. Read More →

What type of gaps exist in my Medicare coverage?

Original Medicare doesn’t cover everything. You’ll still pay deductibles, copays, and 20% of most medical bills. It also doesn’t cover most prescriptions, dental, vision, hearing aids, or long-term care. That’s why many people choose to add a Medicare Supplement and a Part D drug plan. Read More →

When will my Medicare coverage start?

Your Medicare coverage typically begins the first day of the month you turn 65—if you sign up during the three months before your birthday month. Delaying enrollment can delay your coverage start date, so it’s important to understand your timeline and apply on time. If you're automatically enrolled, you’ll get your Medicare card in the mail about three months before your coverage begins. Read More →

FAQs – Page 6 – JME Insurance

What type of expenses can you use a Health Savings Account for?
April 23, 2025HSA FAQ Excerpts0 min
How is an HSA plan different from a regular health plan?
April 23, 2025HSA FAQ Excerpts0 min
What is an HSA?
April 23, 2025HSA FAQ Excerpts1 min
What is Medicare Part D and how much does it cost?
April 22, 2025Medicare FAQs0 min
What type of gaps exist in my Medicare coverage?
April 22, 2025Medicare FAQs0 min
When will my Medicare coverage start?
April 22, 2025Medicare FAQs0 min

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FAQs

What type of expenses can you use a Health Savings Account for?

How is an HSA plan different from a regular health plan?

What is an HSA?

What is Medicare Part D and how much does it cost?

What type of gaps exist in my Medicare coverage?

When will my Medicare coverage start?

Have more questions?

JME Insurance Agency
A Division of Patriot Growth Insurance Services, LLC

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Medicare Disclosure

FAQs

What type of expenses can you use a Health Savings Account for?

How is an HSA plan different from a regular health plan?

What is an HSA?

What is Medicare Part D and how much does it cost?

What type of gaps exist in my Medicare coverage?

When will my Medicare coverage start?

Have more questions?

JME Insurance Agency A Division of Patriot Growth Insurance Services, LLC

Quick Links

Medicare Disclosure

JME Insurance Agency
A Division of Patriot Growth Insurance Services, LLC