Pharmacy


Health Savings Accounts


Kinney Drugs accepts all Health Savings Account cards. For those who pay by other means, you can track your qualified purchases with the Value Card. By using your Value Card, you can:

  • Track your FSA qualified purchases
  • Print your proof of purchase report
  • Submit to your administrator for reimbursement

What is a Health Savings Account?

A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers who are enrolled in a High Deductible Health Plan.  The funds added to the account are not subject to federal income tax at the time of deposit.  Unlike a flexible spending account (FSA), funds roll over and accumulate year after year if not used.  HSA's are owned by the individual and funds may be used to pay for qualified medical expenses, at any time, without federal tax liability.

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What is a Flexible Spending Account?

A Flexible Spending Account (FSA) is a money-saving health benefit. It's intended to offset the costs of medical expenses not covered by health insurance and can be used to purchase over-the-counter medications and other health-related services - tax free. An FSA is managed by an established administrator, so check with your employer to see if an FSA program is offered.

By using your Kinney Drugs ValueCard, you can:
  • Track your FSA qualified purchases
  • Print your proof of purchase report
  • Submit to your administrator for reimbursement

  




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