Health savings accounts

With rising health care costs, individuals and employers are looking for ways to save money while ensuring quality care. Health savings accounts, paired with qualified high-deductible health plans, can help. HSAs put individuals and families in charge of some of their own health care spending and offer tax benefits to both their owners and to employers who choose to contribute to them.

Deposit health care dollars

Contributions made to an HSA are tax-deductible when used for qualified health expenses. HSAs can be funded by anyone — the account holder, an employer, family members or any other individual.

Grow health care savings

The money in an HSA belongs to the account holder, no matter who deposited it. And there’s no "use it or lose it" rule, meaning deposits can earn interest and funds could grow over time.

Save on taxes

With an HSA, account holders get triple tax savings:

  • Deposits are exempt from income tax.
  • Savings grow tax-free.
  • Money spent on qualified medical expenses is income tax-free.
Pay for health care, now or later

HSA funds can be used to pay for qualified medical expenses for the account holder and his or her spouse and dependents. Payments can be made online or with a debit MasterCard®. There's no "use it or lose it" rule, meaning the funds can remain in the account year after year and accumulate. This allows account holders to save money for future expenses or pay for current ones.

Open an account today

If you have or choose a high-deductible health plan, make a health-wise investment by adding an HSA. Your employer may offer an HSA as part of your health and wellness benefits. Or, if you're eligible, you can open one on your own.

Enroll Now

If your employer offers the Health Advantage HSA, please follow the enrollment instructions they provided you to ensure that you are enrolled correctly.


HSA 101 VIDEOS

Watch our quick 2-minute videos to learn the basics about HSAs.
 Watch videos now


HSA, FSA, HRA: WHAT'S THE DIFFERENCE?

Learn how an HSA compares to an HRA and FSA, and decide which option is best for you and your family.
 Compare health accounts


EMPLOYERS: OFFER AN HSA

Contact an Optum sales representative to learn more about offering HSAs to your employees.

 Phone 866-306-1324
 Email inquiry@optum.com
 Contact Us Form