HSA's are tax advantaged accounts that you can use to pay medical expenses not covered by health insurance. Anyone with a qualifying high-deductible health plan can establish and maintain an HSA. These are individual accounts, which allow members to use pre-tax dollars to pay for future medical expenses. Any adult who is covered by a high-deductible health plan and has no other first dollar coverage may establish an HSA. Examples of first dollar coverage are: Medicare, Tricare Coverage, Flexible Spending Arrangements, and Health Reimbursement Arrangements.

Current Health Savings Account (HSA) rates

Tax advantaged contributions can be made in three ways:

1. The individual or family can make tax deductible contributions to the HSA even if they do not itemize deductions.
2. The individual's employer can make contributions that are not taxed to either the employer or the employee.
3. Employers sponsoring cafeteria plans can allow employees to contribute pre-taxed salary through salary deduction.

Heritage Valley offers an HSA checking account for your convenience with the following benefits:

• Debit Cards for HSA owner and authorized user
• Interest bearing account
• No administrative fees
• No minimum balance requirements or per check charge
• Monthly statements
• Payroll Deduction

For more detailed information about our HSA Checking Account, stop in or call one of our member service representatives at 717.840.4981.