Health Savings Accounts
Eligible Employees on the High Deductible Health Plan may enroll in a Health Savings Account (HSA) to pay for covered medical, dental and vision expenses with pre-tax dollars.
If you are an active employee enrolled in the High Deductible Health Plan and have established an HSA with Discovery Benefits, the State will contribute to your Discovery Benefits account. Complete the following steps to be eligible for the State contribution:
- Review the HSA eligibility criteria below
- Choose the High Deductible Health Plan during annual enrollment
- Select "I want an HSA" during annual enrollment
- Establish an HSA with Discovery Benefits at https://discoverybenefits.com/
Benefits members interested in viewing video tutorials about HSA's and more on the Discovery Benefits portal can click here to learn more.
State Contribution to Health Savings Account
If you have completed the steps above, you will receive the following State contribution to your Health Savings Account:
If you have single coverage, and have completed the steps above, you will receive the maximum State contribution of $500 for your HSA if you also completed the three wellness qualifications by March 31 of the previous fiscal year.
- If you did not complete the three wellness qualifications by March 31, the State will contribute $250 for your HSA for FY19.
If you have family coverage, you can earn the maximum State contribution of $1,000 for your HSA by completing the three wellness qualifications.*
- If you and your covered spouse decide not to complete the three wellness qualifications, the State will contribute $500 for your HSA just for choosing the High Deductible Health Plan for FY19.
- If you started your new job with the State on or after April 1, you are not eligible to receive the state’s contribution to your Health Savings Account (HSA) with the High Deductible Health Plan for FY18. You will be eligible in the FY19 plan year, which starts on July 1.
- are covered by another health plan that is not a qualified High Deductible Health Plan (dual coverage)
- are covered by Tricare
- are a dependent on someone else's tax return
- are 65 or older and have signed up for Medicare coverage, or
- have a spouse contributing to a Medical FSA that is not "limited" or "combination."
Employees will be considered not eligible for an HSA if they:
Those with questions pertaining to HSA eligibility are encouraged to contact Discovery Benefits at 866.451.3399
Important HSA documents
- Instructions for opening your HSA account
- HSA Payroll Deduction Form
- HSA Employee Guide (Current)
- HSA Employee Guide (2015-2016)
- HSA FAQ
- HSA Employee Handout
- HSA Terms & Conditions FAQ — Employees
- HSA tax form infographic
- Patriot Act verification form
- Deductible Verification Form