From his pallet of skills and qualities, he exemplifies numerous characteristics of leaderships such as: vision, communication skills, people skills, boldness, and a humble heart. He was often referred to as a âperfectionist,â âinspirational,â and âfearlessâ by his friends and colleagues.
(It is not the same as a Medicare Medical Savings Account, a health plan available only to Medicare beneficiaries, which is not discussed in this article.). Sign up for the AARP Health Newsletter. IRS rules say that you canât contribute to an HSA if youâre enrolled in Medicare.
You must be covered by a High Deductible Health Plan (HDHP) to be able to take advantage of HSAs. An HDHP generally costs less than what traditional health care coverage costs, so the money that you save on insurance can therefore be put into the Health Savings Account.You own and control the money in your HSA.Decisions on how to spend the money are made by you without relying on a third party or a health insurer.n HSA is not something you purchase; itâs a savings account into which you can deposit money on a pre-tax basis. The only product you purchase with an HSA is a High Deductible Health Plan, an inexpensive plan that will cover you should your medical expenses exceed the funds you have in your HSA.