Health Savings Account

Available to Employees Enrolled in the CIGNA HDHP Base & Buy-Up Plans

The HSA is:

• A tax-exempt account established for the purpose of saving for qualified medical, dental, and vision
  expenses for an individual and/or spouse and dependents.
• HSAs are designed to provide eligible individuals with triple federal tax benefits:
  1. HSA contributions are tax-free.
  2. Interest and other earnings on HSA contributions accumulate tax-free
  3. Amounts distributed from an HSA for qualified medical expenses are tax-free.
• The HSA balance can roll over from year to year.
• Employees may contribute to their personal HSA without exceeding annual limits.
  For 2026, the annual contribution limits are as follows:
  • Single Coverage: $4,400
  • Family Coverage: $8,750
• Additional HSA Fees:
  • $1.50 monthly fee for paper statements

Not sure if HSA is right for you?
See the HSA/FSA Comparison Chart on page 21 of the brochure to determine which might be the right choice for you.
Enrollment in any of the following will prevent you from being able to contribute to a Health Savings
Account (H.S.A.):
• General-purpose health flexible savings account (FSA) or health reimbursement arrangement (not to
include a Limited Flexible Spending account or a Flexible Spending Account for Dependent Day Care)
• Medicare of Medicaid
• Tri-Care
• Health Reimbursement Account