Who is eligible for an HSA?
A person who is:
  • Covered under a qualified high-deductible health plan (QHDHP).
  • Not enrolled in other medical coverage (unless it’s another QHDHP plan)
  • Not enrolled in Medicare
  • Not claimed as a dependent on another person’s tax return
If you choose the Contributory Plan or 2000 Plan (Default Plan), you are not eligible for an HSA. However, you may want to consider a Flexible Spending Account (FSA) to set aside funds for the 2017 tax year (use it or lose it) on a pre-tax basis.

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1. How can I learn more about the 3 different medical plans?
2. How are the three medical plan options the same?
3. When do I have to make my 2018 medical plan decision?
4. Can I make a different plan choice in future years?
5. What does “qualified” mean?
6. Do prescriptions count toward the deductible under the QHDHP?
7. What is a Health Savings Account (HSA)?
8. Who is eligible for an HSA?
9. Who funds the Health Savings Accounts (HSA)?
10. What does “seed money” mean?
11. How much can be contributed to my HSA?
12. Who administers the HSA?
13. Are funds in the HSA “use it or lose it?”
14. How do you make withdrawals from the HSA?
15. Who keeps records to substantiate HSA reimbursements?
16. What happens to my HSA account when I die?
17. What about “coordination of benefits?”
18. Can I have an HSA and a Flexible Spending Account (FSA) at the same time?
19. When will I receive information about my 2018 Flexible Spending Account (FSA) ?