A Health Savings Account (HSA) works with a High Deductible Heath Plan (HDHP), and lets you set aside a portion of your paycheck—before taxes—into an account to pay for medical expenses that aren’t covered by your plan. It can also help you plan for future medical expenses.
You and your employer can deposit money into your HSA account up to an annual per person or family limit set by the IRS. When you enroll, an account will be created for you at the HealthcareBank and you’ll be able to access your account through Benesyst's secure, easy-to-use web portal where you can track your account balance, view your investment accounts and submit requests for reimbursements.
Click here for additional information and contribution limits.