ANBTX Knowledge Center

Do the math. We’ll help crunch the numbers.

Do the math. We’ll help crunch the numbers.

Health Savings Account or Traditional Health Plan?

Health Savings Accounts (HSA) offer an opportunity for you to build tax-free savings to pay for current and future qualified medical expenses. Used in conjunction with a High Deductible Health Plan (HDHP) a high-deductible plan may cost less overall than making monthly premium payments to a traditional health plan and making co-payments when you require medical care. If you use the HSA/HDHP method, you'll pay some of the initial medical costs out of your HSA, up until you meet your HDHP deductible. A traditional health plan would pay for most of those up front, after a more modest deductible. Which method is best for you depends on your medical care needs and the HSA/HDHP and Traditional Plan options available to you.

American National Bank of Texas does not provide, and is not responsible for, the product, service, or overall website content available on this website. American National Bank of Texas’s privacy policies do not apply to this website and a viewer should consult the Terms of Use on this website for further information.