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What Is a Health Savings Account (HSA)? 

An Health Saving Savings Account (HSA) is a bank account that you set up that can be used to pay qualified health expenses now, as well as to pay for future health expenses on a tax-advantaged basis.  The IRS allows these sorts of bank accounts for individuals whose medical coverage is provided through a High Deductible Health Plan.   Reliant's versions of these medical plans are the HS1500, HS3000 and HS5000.  Individuals who utilize these health plans have the ability to open HSA's. 

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