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What is a Health Savings Account? HSA Explained for DummiesA Health Savings Account (HSA) is a type of personal savings account you can set up to pay certain health care costs. A health savings account (HSA) is a savings account that lets you set aside pretax money for medical costs. It's handy to save for health. A health savings account, also known as an HSA, is a tax-exempt savings account that, when paired with a qualified high-deductible health plan (QHDHP), can be.
