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Health Savings Account


As the seasons change, so can your health—but why?

According to a article, “Cold air itself isn’t making you sick, it’s the virus. The structure of influenza allows it to replicate and spread best when air is cold and dry,” Internal Medicine Specialist Kittu Jindal Garg, M.D. told The Weather Channel.

So, as we transition from summer to fall to winter, here are some tips and tricks to stay healthy.

  • Wash your hands frequently with soap and warm water for at least 20 seconds, or, long enough to sing the “Happy Birthday” song
  • Keep your hands away from your eyes, nose or mouth
  • Avoid others who are ill
  • When you do have to cough or sneeze, be sure to cover your mouth—but not with your hand! Use a handkerchief or tuck your mouth into your elbow
  • Continue steady sleep patterns and know how many hours per night your body needs

Unfortunately, we can do all of these things and still come down with an illness. Luckily, Tara Mullin, Operations Specialist at Two Rivers Bank & Trust in Mt. Pleasant, has the perfect solution for when those nasty cold and flu-like-symptoms surface—a Health Savings Account.

“It’s an account that can be used in conjunction with a qualified high deductible health plan. People can contribute up to a certain amount every year, depending on whether they have family coverage or single coverage, and the funds within the HSA can be used for qualified medical expenses as defined by the IRS,” said Mullin.

What are some of the uses people have for a Health Savings Account?

“I see the person that uses their HSA for every $5 prescription at Wal-Mart or I see the person that doesn’t touch the money in their HSA and is building a larger balance, really saving for those bigger surgeries or for the future. A Health Savings account allows for them to bank those funds, not having to use them at all.”

Why is it important to open a Health Savings Account?

“I think there’s many benefits to opening a Health Savings Account, but one of the main reasons is because of the tax advantages. The HSA has tax-free distributions and the interest that is earned on your HSA is tax-free as well.”

Who should open a Health Savings Account?

“I think anyone that has the qualified high-deductible health plan should really take advantage of the Health Savings Account and work towards maxing out the contributions.”

We know you can’t always predict when you’re going to get sick, so it’s best to set aside funds before you need it. It’s easy to take the control of your medical expenses back from your health plan with the Two Rivers Bank & Trust Health Savings Account (HSA). Stop in to any one of the Two Rivers Bank & Trust locations nearest you to speak with a personal banker to set up your Health Savings Account.