HealthSavings Account(HSA) What is a Health SavingsAccount? Only for employees enrolled in the BCBS PPO Preferred Blue Saver $2,900 Plan • Tax advantaged account allowing you to put money aside to pay for qualified medical expenses incurred by you, your spouse and your tax dependents • Triple tax savings – goes in pre-tax throughpayroll contributions, earns interest tax free, withdraw funds tax-free if the funds are used for qualified medical expenses (IRS Publication 502) • You control the money in your account – individualaccount • Unused funds rollover year afteryear Eligibility Requirements • Must be enrolled in the PPO Preferred Blue Saver $2,900 You are not eligible to contribute to an HSA if you: • Are covered by any other health insurance (including Tricare) • Are enrolled in Medicare orMedicaid • Are claimed as a dependent on someone else’s tax return • Are active in themilitary