Health Savings Account
Account-based medical plans allow you to use a Health Savings Account (HSA) to help pay for out-of-pocket health care expenses and save for future expenses on a tax-free basis. Don’t pass up HSA advantages!
To get the most from your coverage, be sure you know:
If you are eligible to participate in an HSA — there are other requirements besides being enrolled in the CDHP
How much you can contribute each year
How to set up your HSA and how to manage it
Which expenses your HSA can be used for