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.
