You’ll Spend Thousands on Healthcare This Year. Can an HSA or HRA Help?
The average annual healthcare expense per insured individual ranges from roughly $3,800 for 19- to 34-year-olds to about $13,000 for retirees (ages 65+). As Americans pay more for medical care, they often seek ways to save for emergencies. Health savings accounts (HSAs) and health reimbursement accounts (HRAs) can help.1 What are these accounts, and who ... Read More