Health Saving Account (HSA)

You must be enrolled in the PPO HSA plan to open an HSA

A Health Savings Account (HSA) combines high deductible health insurance with a tax-favored savings account. Money in the savings account can help pay the deductible. And money left in the savings account earns interest and is yours to keep.

For 2025, you can contribute up to $4,300 as a single and $8,550 if you enroll as a family. Additionally, if you are age 55 or older, you are eligible to make a catch-up contribution of $1,000.

To open an HSA, please contact your bank of choice!

HSAs are a great way to save money and efficiently pay for medical expenses because they are tax-advantaged savings accounts that accompany high deductible health plans, or HDHPs.

HSA money can be used tax-free when paying for qualified medical expenses. At the end of the year, you keep any unspent money in your HSA. This rolled over money can grow tax-free. Your HSA and the money in it belongs to you—not your employer or insurance company.

Health Saving Account (HSA)

How does the HSA work?

What are HSA eligible expenses?

How can I change my HSA contribution?