What are the benefits of opening and contributing to a HSA?
A-Qualified medical expenses are generally defined as costs associated with the diagnosis, cure, treatment and/or prevention of an illness or injury. This would include doctor office visits, medication (both OTC and prescriptions), dental expenses (including Orthodontia) and vision expenses. You can even use the funds to pay Long Term Care Insurance premiums. Typically, funds cannot be used for cosmetic surgery, however they can be used to pay for laser eye surgery.
