You can open an HSA to take control of your out-of-pocket medical expenses. Below is a list of what you can use your health savings account for.
• Family medical expenses
• Dental expenses
• Vision care expenses
• Pay for prescription medications or over-the-counter medications when prescribed by a doctor
• Deductibles and co-pays
• After retirement - save now for future out-of-pocket costs, premiums, and long-term care (Age 65 or older)
• For a more detailed listing of qualified IRS medical expenses, visit IRS Publication 502