Is my Priority Health plan HSA eligible?

When it comes to Priority Health plans and their eligibility for Health Savings Accounts (HSA), it's important to understand the criteria that determine whether your plan qualifies for an HSA. HSA is a tax-advantaged account that can help you save money for medical expenses while also providing tax benefits.

Here are some key points to consider to determine if your Priority Health plan is HSA eligible:

• Check if your Priority Health plan has a high deductible
• Ensure your plan is not a Health Maintenance Organization (HMO)
• Confirm that your plan is not a Flexible Spending Account (FSA)

If your Priority Health plan meets these criteria, then it is likely eligible for an HSA. However, it's always best to consult with your employer or a tax professional to get specific guidance on your plan's eligibility.

Checking if your Priority Health plan is HSA eligible can be a game-changer for your healthcare costs. Remember, the primary criterion is that your plan features a high deductible, which is essential for HSA eligibility.