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Practical Matters: How to select a health savings account
Los Angeles Times

Pay for most prescription drugs, physician visits and medical equipment out of one’s own pocket but have enormous medical expenses — say after an accident or surgery — covered by an insurance company. To many Americans, that seems like a fair deal.

That’s what health savings accounts offer. They’re coupled with high-deductible health insurance plans, and they’re precisely what their name implies: savings accounts used for health-related expenses.