When HSA Coverage Begins and Ends
When Coverage Begins
If you enroll in the CDHP medical option, your HSA coverage is effective upon your medical enrollment. When you first join the company, your medical coverage begins on the first of the month after you have two continuous months of service with the company, provided you have enrolled within 31 days of your eligibility period.
When Coverage Ends
If you lose coverage under your medical plan, you will lose eligibility to deposit further funds into your HSA. However, funds already in your HSA remain available for your use.