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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. |
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Health Savings Account
Not Includible Expenses
This list serves as an overview. To view specific information regarding non-eligible expenses please see IRS Publication 502.
What Medical Expenses Are Not Includible?
Baby Sitting, Childcare, and Nursing Services for a Normal, Healthy Baby
Controlled Substances
Cosmetic Surgery
Dancing Lessons
Diaper Service
Electrolysis or Hair Removal
Flexible Spending Account
Funeral Expenses
Future Medical Care
Hair Transplant
Health Club Dues
Health Coverage Tax Credit
Health Savings Accounts
Household Help
Illegal Operations and Treatments
Insurance Premiums
Maternity Clothes
Medical Savings Account (MSA)
Medicines and Drugs From Other Countries
Nonprescription Drugs and Medicines
Nutritional Supplements
Personal Use Items
Swimming Lessons
Teeth Whitening
Veterinary Fees
Weight-Loss Program
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. |
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