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A Healthy Way to Manage
 Medical Expenses

Healthcare costs are rising.  Wouldn't it be nice if you could set aside money to cover your medical expenses, tax free? You can, with a Heath Savings Account (HSA) from Cambridge State Bank.  If you are enrolled in a high deductible health plan, an HSA offers the tax advantages associated with a Flexible Spending Accounts and Health Reimbursement Accounts and enables you to spend the money you save, as you choose. 

Health Savings Account

Includible Expenses

This list serves as an overview. To view specific information regarding eligible expenses please see IRS Publication 502 or contact a tax advisor.

What Medical Expenses Are Includible?
Abdominal supports
Abortion
Acupuncture
Alcoholism Treatment
Ambulance
Anesthetist
Ach Supports
Artificial Limb
Artificial Teeth
Autoette
Bandages
Birth Control Pills
Blood Tests
Braces
Breast Reconstruction Surgery
Cardiographs
Chiropractor
Christian Science Practitioner
Contact Lenses
Crutches
Dental Treatment
Dental X-rays
Dentures
Dermatologist
Diagnostic fees
Drug Addiction Therapy
Drugs
Eyeglasses
Eye Surgery
Fertility Enhancement
Founder's Fee
Guide Dog
Gum Treatment
Gynecologist  
Hearing Aids and batteries
Hospital bills
Insulin treatment
Lab Tests
Laboratory Fees
Lead Paint Removal
Learning Disability
Legal Fees
Lodging 
Medicines
Nursing Services
Obstetrician
Operating Room Fees
Optician
Optometrist
Organ Transplant
Orthopedic Shoes
Orthopedist
Osteopath
Oxygen and Equipment
Pediatrician
Physician
Physiotherapist
Podiatrist
Postnatal Treatments
Prenatal Care
Prescription Medicines
Psychiatrist
Psychoanalyst
Psychologist
Psychotherapy
Registered Nurse
Special Education
Spinal Fluid Tests
Splints
Sterilization
Surgeon
Surgery
Telephone for hard of hearing
Television for hard of hearing
Therapy Equipment
Transplants
Transportation
Ultra-violet ray treatment
Vaccines
Vasectomy
Wheelchair
X-ray


Over-the-Counter Drugs
Antacids
Allergy Medicines
Pain Relievers
Cold Medicine
Anti-Diarrhea Medicine
Cough Drops and Throat Lozengers
Sinus Medications and Nasal Sprays
Pedialyte
First Aid Creams
Calamine Lotion
Stop Smoking Programs
Wart Removal Medication
Antibiotic Ointments
Suppositories and Creams for Hemorrhoids
Sleep Aids
Motion Sickness Pills

Cambridge State Bank does not offer tax or legal advice. You are advised to consult your personal tax or legal advisor regarding your individual situation.

Quick Links

Learn about the advantages of a Health Savings Account (HSA).


Do you have questions about Health Savings Accounts?


Know the Eligibility Rules

Open a Health Savings Account


2010 Contribution Limits


What Medical Expenses are Eligible?


What Medical Expenses are Not Eligible?

Health Savings Account Flyer

 

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127 South Main Street - 127 Opportunity Blvd N
Cambridge, MN  55008
Routing Number: 091911409


Member FDIC

 

Transaction Account Guarantee Program
Cambridge State Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest bearing accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
Transaction Account Guarantee Program Expiration
After December 31, 2009, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit insurance rules.
FDIC Depository Insurance
On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.