Health Savings Account A Health Savings Account, otherwise known as a HSA, is funded with your tax-exempt dollars to help pay for your medical expenses including: deductible, coinsurance and certain services not covered by your standard medical plan. Why should you elect for a Health Savings Account (HSA)? Cost Savings Tax-exempt dollars Reduction in medical plan contribution Interest-bearing savings account Long-term financial benefits Save for future medical expenses Funds roll over year to year Choices You control and manage your health care expenses Call a TROXELL health benefits expert today to discuss if a Health Savings Account is the right option for you!