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Health Savings Account

To be eligible for an HSA, you are:

  • Covered under a High Deductible Health Plan (HDHP)
  • Not covered by another health plan that is not an HDHP
  • Not enrolled in Medicare
  • Not eligible to be claimed as a dependent on another individual’s federal income tax return

HSA benefits:

  • Significant tax benefit for paying qualified medical expenses (based on eligibility)
  • Checks and CheckCards are provided for easier access
  • Competitive rates
  • Peace of mind of having savings ready when you need it