Whether you are a new HSA plan member, or a seasoned veteran, you pick up the plan’s tips and tricks along the way. Participate in the Quarterly HSA Medical Plan User Group Sessions where you can learn practical information regarding the HSA plan.
2020 HSA information
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. Click here to review account requirements.