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Is a HSA considered a Catastrophe Savings Account

 
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PaulaM
Expert Alumni

Is a HSA considered a Catastrophe Savings Account

No they are not the same thing. A catastrophe savings account is one established for natural disasters. An HSA fund is used to pay for medical expenses and you must have a HDHP insurance plan in place. See below.

https://ttlc.intuit.com/questions/3015250-catastrophic-savings-account

https://ttlc.intuit.com/questions/1899728-what-is-a-health-savings-account-hsa

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