HEALTH SAVINGS ACCOUNTS

A Health Savings Account (HSA) gives you more flexibility and control over your health care costs.

To qualify for a Health Savings Account, you must meet the following qualifications:

• Must have a high deductible insurance plan
• Cannot be covered under another health plan
• Cannot be claimed as a dependent on anyone’s taxes
• Cannot be enrolled in Medicare

Benefits Include:

• Use pre-tax dollars to pay for future medical expenses
• Account balance is carried over from one year to the next
• Health Savings Accounts provides an opportunity to save, so you can pay high or unexpected medical bills (Including: Health, Vision, and Dental)
• Contributions can be made at any time throughout the year
• You own the account regardless of any job changes

We can explain your options, answer any questions you may have, and help you open your Health Savings Account.  Contact a Member Service Representative for more information.

Not intended as tax advice. Please consult a tax professional.

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