Are not covered by other non-high deductible health plans, such as your spouse’s health plan, Health Care Flexible Spending Account, or Health Reimbursement Account.You are eligible to open and fund an HSA if you: Your HSA can be used for your expenses and those of your spouse and dependents even if they are not covered on the HDHP. You can use the money in your HSA to pay for qualified medical expenses now or in the future. Your account (including interest and investment earnings) grows tax-free and if the funds are used to pay for qualified medical expenses, they are spent tax-free. Both you (through pretax funds from your paycheck) and the county (through Virgin Pulse wellness dollars) can make contributions to your account, but you own and control the account.Ĭontributions are not taxed, and you can invest the balance in a variety of options. An HSA is a personal savings account you can use to pay for qualified out-of-pocket medical expenses with pretax dollars. The County’s Maximum Value Plan also offers a Health Savings Account (HSA).
