HSA vs FSA: Can You Have Both? | Health Insurance for Beginners

💰 HSA vs FSA vs HRA | Open Enrollment Time! Choosing a health plan or savings account that’s right for you - and your family, if you have one - can be quite confusing & more than a bit overwhelming, but it’s one of the most important decisions you’ll be making every year if you have employer-sponsored healthcare.

That’s why we’re here to help you to decide at the next open enrollment period or qualifying life event, the times when you can typically switch your health insurance options!

This video explains:
✔️ HSA basics (health savings account)
✔️ FSA basics (flexible spending account)
✔️ The seven questions that will determine whether an HSA is better than an FSA or whether an FSA is better than an HSA
✔️ How a high-deductible health plan (HDHP) comes into play and
✔️ How to decide which health insurance plan/ saving option or options might be best suited for you

0:00 Intro
1:53 What is an HSA? What is an FSA?
3:23 What are HSA pros & cons vs FSA pros vs. cons? Can you have both an HSA & an FSA? How do you decide between an HSA & an FSA?
15:03 How does an HRA (health reimbursement arrangement) fit with an HSA vs. FSA?

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