CVT Insurance Information 10/1/2024 - 9/30/2025

Health Savings Account (HSA)

  • 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.