FSA, HRA & HSA Rules When Enrolling in Medicare in Central Illinois

MEDICARE MONDAY Episode 3 | May 25th, 2026

Presenter: Mitch Hudson | Agency Manager at American Republic Insurance Services

In Episode 3 of Medicare Monday, we break down how Flexible Spending Accounts (FSA), Health Reimbursement Arrangements (HRA), and Health Savings Accounts (HSA) work with Medicare coverage.

Local expert Mitch Hudson joins us to explain the important differences and what Central Illinois residents need to know before transitioning to Medicare.

Learn why FSAs typically have minimal impact on your Medicare spending, while HSAs require careful planning. Discover critical timing rules, including when you must stop HSA contributions — especially the 6-month Medicare Part A backdating rule that affects those turning 65. Avoid costly mistakes and potential penalties by understanding these accounts before your Medicare enrollment.

Whether you're in Springfield, Jacksonville, Decatur, or anywhere across Central Illinois, this episode delivers clear, practical guidance to help you protect your savings and make confident Medicare decisions.

Watch now to learn how to properly manage your FSA, HRA, and HSA as you approach Medicare.

For personalized help with your Medicare planning, contact our local Springfield Medicare experts today for a no-obligation consultation.