FREQUENTLY ASKED QUESTIONS AND ANSWERS FOR
HSA
HEALTH SAVINGS ACCOUNT
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4. What other advantages do Health Savings Accounts have over traditional health insurance?

If you are unemployed or laid off and are collecting unemployment insurance, then you can use funds from your Health Savings Account to pay for your health insurance premium and for your routine health expenses -- all tax-free.
Another advantage is that you can spend tax-free money out of your Health Savings Account for long-term care insurance.