Health savings account
Term · Economic statistics · MLC-T-ECS-000862
Employee-owned portable account that uses tax-exempt contributions to pay for medical expenses. HSAs are used in combination with employer-provided high-deductible health plans (HDHPs) that have annual maximum limits on out-of-pocket and deductible expenses.
Note: Other features include the rollover of unused contributions from year to year and tax-free interest.
| Identifier | MLC-T-ECS-000862 |
|---|---|
| Field | Economic statistics |
| Abbreviation | HSA |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-000862",
"term": "Health savings account",
"field": "Economic statistics",
"definition": "Employee-owned portable account that uses tax-exempt contributions to pay for medical expenses. HSAs are used in combination with employer-provided high-deductible health plans (HDHPs) that have annual maximum limits on out-of-pocket and deductible expenses.\n\nNote: Other features include the rollover of unused contributions from year to year and tax-free interest.",
"abbreviation": "HSA",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/health-savings-account/"
}
Record 862 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.