Cambridge State Bank

 

 

Home

Contact Us

Call Us: 763-689-2500
 

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.

What Medical Expenses Are Includible?
Abortion
Acupuncture
Alcoholism
Ambulance
Artificial Limb
Artificial Teeth
Autoette
Bandages
Breast Reconstruction Surgery
Birth Control Pills
Braille Books and Magazines
Capital Expenses
Car
Chiropractor
Christian Science Practitioner
Contact Lenses
Crutches
Dental Treatment
Diagnostic Devices
Disabled Dependent Care Expenses
Drug Addiction
Drugs
Eyeglasses
Eye Surgery
Fertility Enhancement
Founder's Fee
Guide Dog or Other Animal
Health Institute
Health Maintenance Organization (HMO)
Hearing Aids
Home Care
Home Improvements
Hospital Services
Insurance Premiums
Laboratory Fees
Lead-Based Paint Removal
Learning Disability
Legal Fees
Lifetime Care—Advance Payments
Lodging
Long-Term Care
Meals
Medical Conferences
Medical Information Plan
Medical Services
Medicines
Mentally Retarded, Special Home for
Nursing Home
Nursing Services
Operations
Optometrist
Organ Donors
Osteopath
Oxygen
Prosthesis
Psychiatric Care
Psychoanalysis
Psychologist
Special Education
Sterilization
Stop-Smoking Programs
Surgery
Telephone
Television
Therapy
Transplants
Transportation
Trips
Tuition
Vasectomy
Vision Correction Surgery
Weight-Loss Program
Wheelchair
Wig
X-ray

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.

More Information

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


2008 Contribution Limits


What Medical Expenses are Eligible?


What Medical Expenses are Not Eligible?

IRS Publication 969 - For use in preparing 2007 Returns

Health Savings Account Flyer

 

Everybody makes promises. At Cambridge State Bank we make commitments!

Equal Housing Lender

Equal Housing Lender

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


Member FDIC