How to Use Your HSA
The HSA Medical Plan consists of three components: a qualified High Deductible Health Plan (HDHP), a Health Savings Account (HSA), and an optional Limited Purpose Health Care Flexible Spending Account (FSA); which are designed to work together.
Key Benefits of an HSA
- An HSA offers TRIPLE tax savings
- The money in the account is always yours, even if you leave Oracle
- You can use it now or save it for the future
- With a minimum account balance of $2,000 you can invest all or a portion of your account in Optum‘s investment line-up
To contribute to an HSA on a pre-tax basis, you must meet certain eligibility criteria.
Additional Resources