For travelers enrolled in high-deductible health plans, a health savings account (HSA) can be an invaluable resource. HSAs allow individuals to save money on a pre-tax basis for qualified medical expenses, which can include anything from doctor visits to prescription medications. The ability to roll over unused funds year after year makes HSAs an excellent tool for travelers, particularly those who engage in regular international trips or adventures that might pose a higher risk of injury.

Since healthcare costs abroad can be unpredictable, having access to a tax-advantaged savings account specifically earmarked for medical expenses provides flexibility and security. Travelers who fund their HSA wisely can enjoy the benefit of reduced healthcare costs, even in the event of an unexpected medical situation abroad.

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