A health savings account (HSA) is a kind of account that you can put money in to to save for health-related expenses on a tax-free basis.  You can contribute to a health savings account only in case you:

•have a high deductible health plan (HDHP)

•have no other medical insurance coverage, including Medicare – however, you are allowed to have other types of health-related insurance, such as accident, disability, dental care, vision care, or long-term care
•cannot be claimed as a dependent...
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