See if you can use a health savings account
Health savings accounts have even bigger tax benefits if you qualify. HSAs are tied to high-deductible health insurance plans, and for 2018, those with individual health coverage can contribute $3,450, while family coverage participants can put $6,850 into an HSA. Those contributions are deductible on your taxes, and you don’t have to pay tax on investment income or gains if you use the money for qualifying healthcare expenses. That double benefit can give you even more savings.