If you choose one of the High Deductible Health Plans (HDHP) you can open up a Health Savings Account (HSA) through CVT & HealthEquity. Want to know more about an HSA? Click here.

To be eligible for an HSA, you must meet the following criteria.

• Have a qualified high-deductible health plan (HDHP).
• Have no other health coverage except what is permitted as other health coverage by the IRS.
• Not be enrolled in Medicare.
• Not be claimed as a dependent on someone else’s tax return.
• Not have access to dollars in a flexible spending account (FSA) that can pay for any medical expenses before the HSA’s required deductible is met, including a spouse’s FSA.