Plan today for tomorrow’s health care costs

Saving money for health care

Depending on the health plan you’ve chosen, you may have access to a health savings account (HSA). An HSA may help you save for copayments, deductibles and other qualified medical expenses not covered by your health plan.


A health savings account (HSA) lets you save for qualified medical expenses while taking advantage of tax savings in three ways:

  1. If you use automatic payroll contributions, the money will go into your account tax free.
  2. As your account balance grows, it will earn interest tax free, and any gains earned from investments in the HSA are tax free as well.
  3. When you use your HSA dollars to pay for qualified medical expenses—including your deductible and coinsurance—the money will come out tax free.

An HSA is an account you own, and the funds belong to you even if you change jobs or retire.

You can use your HSA to pay for eligible medical expenses you’ll have this year or to plan ahead for big eligible medical expenses like braces, or you can keep it until retirement. When your account balance reaches the minimum investment threshold, you may even invest a portion of your HSA dollars in mutual funds.*

Learn important details by watching an HSA Webinar.

*Investments are not FDIC insured, are not guaranteed by Optum Bank and may lose value.

HSAs and High-Deductible Health Plans (HDHPs)
HSAs are designed to work with HDHPs including the Walgreens Bronze and Silver plans. When you have an HDHP, you pay 100% of all medical costs (except for covered preventive care) and covered preventive prescriptions until you meet your deductible. (For information on your prescription coverage please visit An HSA may help you save for those expenses.

Contribution Limits
The IRS sets annual limits for how much you can contribute to your HSA.

Type Amount





Age 55+

Additional $1,000 “catch-up” contribution

Learn more about HSAs and manage your account at