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Health Savings Accounts

Overview

The high cost of medical care has made health care inaccessible for many. Rising costs and declining employer-provided insurance have led people to take more personal responsibility for their health insurance. Health savings accounts (HSAs) are a popular option, allowing individuals to save for medical expenses tax-free. This course covers HSAs, used with high-deductible health plans (HDHPs), explaining their establishment, maintenance, eligibility, funding, and usage.

Summary Details

Hours

2.0

Price

$24.95







Learning Objectives

  • demonstrate understanding of health savings accounts, their uses, eligibility requirements, and their tax-advantaged nature
  • recognize the characteristics of the two parts of HSAs-the high-deductible health plan and the savings account itself
  • demonstrate an understanding of the contribution rules that pertain to HSAs, including limits, catch-up provisions, and the special rules for married people
  • articulate the tax issues surrounding HSAs
  • recognize the difference between qualified and nonqualified medical expenses


Designed For:

Life and health insurance producers and finance professionals


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Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Advanced Preparation: None
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: 6170
Field of Study: Specialized Knowledge
Last Reviewed: February 2026
Study Level: Intermediate
Approved For: Technical

Exam

Proctor: No
Passing Grade: 70
Questions: 10
Retakes: Unlimited



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