An HSA is a tax-advantaged personal savings account that can be used to pay for medical, dental, vision, and other qualified medical expenses. You can contribute money to your account and spend it now. Or you can keep saving and investing your money and use it later in life. To contribute to an HSA, you must be enrolled in a qualified high deductible health plan (HDHP). Your contributions are subject to annual IRS limits.

In order to contribute, you must be enrolled in a qualified high deductible health plan (HDHP), cannot be covered under a secondary health insurance plan or be enrolled in Medicare, and you cannot be another person’s dependent. There are no eligibility requirements to spend previously contributed HSA funds.

A qualified high deductible health plan (HDHP) is a health insurance plan with lower monthly premiums but higher deductibles, designed to cover major medical expenses while allowing eligibility for a health savings account (HSA). Ask your employer about eligibility.

When you contribute to your HSA, you get a triple tax advantage:

• The money you put into your HSA may reduce your taxable income.
• Interest earned on your HSA funds is tax-free.
• The money you take from your HSA for qualified medical expenses isn’t taxed.

You can use the calculator that is available in your online HSA account, which you can access through BlueCare Connect.

Log in to BlueCare Connect.

In 2026, annual contributions from all sources may not exceed $4,400 for individuals or $8,750 for families. Individuals aged 55 and over may make an additional $1,000 catch-up contribution. 2026 contributions can be made by the eligible employee, their employer, or any other individual.

For 2027, the maximum HSA contribution will be $4,500 for self-only coverage and $9,000 for family coverage. Individuals aged 55 or older can add an extra $1,000 catch-up contribution.

The IRS determines the list of qualified expenses and may modify that list at any time. Here are some common and popular items.

• Copays and coinsurance
• Prescription medicines
• Eyeglasses, contact lenses, eye exam
• Dental treatment
• Ambulancia
• Chiropractor
• Menstrual care products
• Pregnancy test

Please see IRS Publication 502 for a more detailed listing of qualified medical expenses.

Talk to your employer about having pre-tax dollars deducted from your paycheck and deposited directly into your HSA. You also can transfer money online or deposit a check.

When you have a medical expense, first verify your deductible and the amount that you owe. Then you can pay with your HSA debit card whether it is at your doctor’s office, a pharmacy, or over the phone. You also can pay online. Learn more by visiting your HSA account through BlueCare Connect. Just look for “health saving account" in the Coverage & Benefits menu.

Log in to BlueCare Connect.

No. Unlike a flexible spending account (FSA), your HSA funds roll over, year after year. The money is yours to keep, and there is no deadline to use the funds.

Your HSA money is yours to keep, even if you leave your job.

You can learn more through the tutorials and details in your online HSA account, which you can access through BlueCare Connect. Just look for “health saving account" in the Coverage & Benefits menu.

Log in to BlueCare Connect.

Una cuenta de gastos flexibles (FSA, por sus siglas en inglés) se abre a través de su empleador y puede utilizarse para pagar muchos de sus gastos médicos de bolsillo con dinero libre de impuestos. También pueden abrir una cuenta de gastos flexibles (FSA, por sus siglas en inglés) para costos de cuidado de niños, estacionamiento y transporte al trabajo. Si bien su empleador abre la cuenta de gastos flexibles (FSA, por sus siglas en inglés) y establece un límite para la cantidad que puede aportar a la cuenta, usted decide qué cantidad de su salario bruto desea aportar a la cuenta. Los fondos de la cuenta de gastos flexibles (FSA, por sus siglas en inglés) no se trasladan. Generalmente, eso significa que los fondos de la cuenta de gastos flexibles (FSA, por sus siglas en inglés) que no gasta antes del final del año del plan no se pueden usar para gastos el año siguiente. 

Examples of what you can pay for
The IRS determines the lists of qualified expenses and may modify those lists at any time. Here are some common and popular items.

Healthcare FSA

• Prescription medicines
• Eyeglasses, contact lenses
• Dental treatment
• Ambulancia
• Chiropractor
• Menstrual care products

Please see IRS Publication 502 for a more detailed listing of qualified medical expenses.

Dependent Care FSA 

• Child daycare programs
• Before- and after-school programs
• Home care (caregiver cannot be spouse or dependent and must be 19+ years of age)
• Nursery school programs

Please see IRS Publication 503 for a more detailed listing of qualified medical expenses.

Una cuenta de reembolso de gastos médicos es financiada por su empleador. Puede recibir un reembolso desde esa cuenta, libre de impuestos, por gastos médicos calificados hasta un importe fijo por año. A diferencia de las cuentas de gastos flexibles (FSA, por sus siglas en inglés), los importes no utilizados en una cuenta de reembolso de gastos médicos (HRA, por sus siglas en inglés) pueden trasladarse y ser utilizados en los años siguientes si su empleador lo permite.

Examples of what you can pay for
The IRS determines the list of qualified expenses and may modify that list at any time. Here are some common and popular items.

• Prescription medicines
• Eyeglasses, contact lenses
• Dental treatment
• Ambulancia
• Chiropractor
• Menstrual care products

Please see IRS Publication 502 for a more detailed listing of qualified medical expenses.