SAVE MONEY ON QUALITY HEALTH CARE
WITH A HEALTH SAVINGS ACCOUNT
What's an HSA1 (health savings account)?
It's similar to an IRA, but for your health. An HSA must be opened in conjunction with a qualified
 high deductible health plan, such as one of Kaiser Permanente's HSA-qualified deductible plans.
 An HSA is a powerful way to save and pay for current or future qualified medical expenses on  a tax deductible basis.2

The money you invest in an HSA gives you triple tax savings. Your contributions, any earnings, and withdrawals are tax-free. The money in your account rolls over from year to year, giving you added flexibility.

You can make tax-free withdrawals from your HSA, as long as your withdrawal is being used for qualified medical expenses, such as:

  • deductibles and copayments
  • prescription drug, dental (including orthodontia), and orthopedic services
  • glasses, contact lenses, and even LASIK eye surgery

Protect yourself from rising medical costs
With lower monthly premiums than traditional copayment plans, an HSA-qualified plan gives you more control of your money. Plus, an HSA-qualified plan from Kaiser Permanente gives you:

  • coverage for certain preventive care services, not subject to the deductible
  • choice of affordable health care plans
  • supplemental funds for your retirement

Quality health plan features and more—right at your fingertips
Select a Kaiser Permanente high deductible health plan and invest in your financial well-being and your health. With our plans, you get preventive care that can help keep you healthy. Look at some of the valuable features that are included:

  • preferred rates on select gym memberships3, 4
  • health care under one roof at many locations
  • online wellness tools 4

If you have more questions about an HSA, visit our FAQ page.

If you are already enrolled in a high deductible health plan through Kaiser Permanente and would like to enroll in an HSA through our preferred provider, Wells Fargo, click here.

If you’re interested in an HSA for your small business, click here.

1 HSA option only available in California, Colorado, Georgia, Maryland, Oregon, Virginia, and Washington, DC.
2 The tax references contained in this document relate to federal income tax only. The tax treatment of health savings account (HSA) contributions and distributions under your state’s income tax laws may differ from the federal tax treatment, and from state to state. Consult with your financial or tax advisor for more information.
3 California offers a savings of 25% off provider rates, Oregon offers a savings of up to 25% off provider rates and Georgia offers a savings of 20%. For Colorado, Ohio, and Hawaii, refer to your local Member Services for details on your savings at 800-634-4579. These value-added services are not covered benefits under Kaiser Permanente and are offered by entities other than Kaiser Permanente. Other fees may apply in some regions.
4 For Maryland, Washington, DC, and Virginia, please call 301-816-6767 for details. These value-added services are provided by entities other than Kaiser Permanente and are neither offered nor guaranteed under your Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc. contract.