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Health savings account (HSA)

An HSA is a savings account for medical expenses like deductibles, copays, and more.*

Why should I enroll?

Benefits include:

  • Lower premiums than traditional plans
  • Money that you keep regardless of your employment status
  • Potential employer match for any contributions
  • Savings that roll over from year to year
  • Tax-free contributions (up to a certain limit set by IRS)

How do I sign up for an HSA?

Eligible members** can sign up by logging in to their Select Health member account and selecting the banner at the top of their account page, or by calling Individual Sales at 855-442-0220.

*Visit healthequity.com/hsa-qme to see a list of qualified medical expenses.

**To be eligible, you must be enrolled on a qualified high-deductible health plan (HDHP) or Individual Bronze plan. Not all HDHPs are HSA-eligible, and other factors may apply.

This information should not be used as tax, financial, or legal advice. Personal advisers should be consulted before decisions are made that may impact tax liability.