Win a $100 Bed, Bath & Beyond Gift Card While Figuring Out What an HSA Really Is


Giveaway HSA

Health care costs are continually skyrocketing year after year but there are definitely some smart moves you can make to save quite a bit. Besides all the preventative measures and multiple care options available, there are multiple health care accounts you can set up including: a Health Savings Account (HSA), Flexible Spending Account (FSA) and Health Reimbursement Account (HRA).

Yeah, I don’t know the difference either between an HSA, FSA, HRA, NRA, NFL, you get the picture.

All three health care accounts can certainly help you pay for your health costs, as well as save you money in the process. The most common would be an HSA, but like me, there are countless people out there who have no clue what a Health Savings Account truly is. Thankfully, UnitedHealthcare’s here to learn us a thing or two!

HSA UnitedHealthcare

Through a new feature on their interactive website, UnitedHealthcare offers education on how an HSA works and why it’s so important to deposit funds into it annually. Here’s a quick rundown on HSAs to get you started:

What is an HSA?

  1. To break it down to its basics, an HSA is a personal bank account that lets you save money to use for paying covered health care services and qualified medical expenses for you and your family.
  2. To open an HSA, you need to first sign up for a high-deductible health care plan.
  3. The account is yours and you own all funds in there, though you, your family or your employer can deposit money into it just like a regular bank account.
  4. While there is a limit to how much you can deposit into an HSA annually, there’s no limit on how much you can save over time.
  5. There’s no “use it or lose it” with an HSA. If you don’t spend all the money in your account by the end of the year, it simply rolls over to the next year.
  6. The biggest benefit of an HSA is that it’s tax free! You’ll pay no federal taxes and no state income taxes for the majority of states. That goes for deposits you make, money you spend from the account or any interest earned.

What’s the difference between an HSA, FSA and HRA?

Okay, so you have a good idea of what a Health Savings Account is, but how does it compare to an FSA or HRA? UnitedHealthcare has put together a nicely detailed comparison chart (PDF) explaining the differences, but here’s a quick snapshot:

HSA FSA HRA Comparison Chart

Think you’ve got a good handle on an HSA versus the other options? Good! Now head over to the UnitedHealthcare HSA 101 site and put your knowledge to the test. Answer just 3 short questions and you can be entered to win some great prizes including $100 weekly or $500 monthly! When you enter your info at the end of the quiz, be sure to enter the promo code MOMMYSBUSY, so they know I sent ya!

You can also get a shot at more prizes by taking the UnitedHealthcare Quick Care Quiz to learn all about the various types of health care treatments available to you.

Of course, you can also enter my very own giveaway right here on Mommy’s Busy, Go Ask Daddy for a shot at a $100 Bed, Bath and Beyond gift card! Entry information is below! Good luck and stay healthy!

UnitedHealthcare logo

Test Your Knowledge with UnitedHealthcare

Win $100 Bed, Bath and Beyond Gift Card

Bed Bath and Beyond

a Rafflecopter giveaway

Giveaway ends on January 31, 2017 at 11:59 p.m. ET. The 1 winner will be chosen at random and announced on this site. Giveaway is open only to legal residents of the United States (including District of Columbia), who are at least eighteen (18) years old at the time of entry. The 1 Winner will be notified by email and have 48 hours to respond or a new winner will be chosen.

More Contests & Giveaways

Infinite Sweepstakes
As seen on
Blog Giveaway Directory
Contests, Sweepstakes, Giveaways
Sweepstakes Lovers
Contest Girl
Giveaway Frenzy
Sweeties Sweeps


14 thoughts on “Win a $100 Bed, Bath & Beyond Gift Card While Figuring Out What an HSA Really Is”

  1. It’s been hard to work out so much with two little kids nowadays but in 2017 I am going to try and get back in the gym as much as possible.


Leave a Comment