80% of ACA Plans Ineligible for HSA Tax Break

A study early this year from ValuePenguin, a financial education website, found that only 19% of health plans on the federal Obamacare marketplace were eligible for health savings accounts (HSAs), even though the vast majority of them had high deductibles. HSAs help ease the financial burden of high-deductible plans by allowing workers to sock away pretax money to pay for qualifying medical expenses before their deductible is reached and the health plan’s coverage kicks in.

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