Health Savings Account (HSA)

When you enroll in the BCBS HSA High Deductible Health Plan (HDHP) you have the option to participate in a Health Savings Account (HSA) through Health Equity.

HSA’s are a tool to assist you in saving for out-of-pocket medical, dental, vision and prescription expenses on a pre-tax basis.  Enrollees receive a VISA card to use at point of sale.

You can contribute to your HSA through payroll deduction, up to the maximum amount allowed by the IRS.  For 2019, employees with individual coverage can contribute up to $3,500 and employees with family coverage can contribute up to $7,000 on a pre-tax basis.  Individuals age 55 or older may be eligible to make catch-up contributions of $1,000 in 2019.

Please Note: You cannot participate in the HSA if you join the BCBS PPO Plan as it is not a qualified HDHP.  You may use funds previously held in your HSA if you move to this plan, however, you cannot contribute additional funds beginning January 1, 2019.

If you have questions regarding your HSA account, please contact your Health Equity Account Mentor at (866) 346-5800.