Page 15 - CPS Benefits Guide
P. 15
A health savings account (HSA) combines your medical plan with a tax-favored savings account. Money in the
savings account can help pay your deductible and many other eligible expenses. Money left in the savings account
earns interest and is yours to keep—even if you leave the company or retire.
Lower Your Taxable Use Savings Toward
Income Eligible Expenses
Tax Favored Money Always Rolls
Account Over
Health Savings
Account Plan
Lower Premiums Savings Always
Belong to You
You incur a You satisfy your You satisfy your
healthcare expense deductible out-of-pocket
maximum
You decide whether You pay Your plan pays
to use your HSA coinsurance until 100% of remaining
funds or pay out- meeting your out- eligible expenses
of-pocket of-pocket maximum for plan year
Comprehensive Pharmacy Services 15
savings account can help pay your deductible and many other eligible expenses. Money left in the savings account
earns interest and is yours to keep—even if you leave the company or retire.
Lower Your Taxable Use Savings Toward
Income Eligible Expenses
Tax Favored Money Always Rolls
Account Over
Health Savings
Account Plan
Lower Premiums Savings Always
Belong to You
You incur a You satisfy your You satisfy your
healthcare expense deductible out-of-pocket
maximum
You decide whether You pay Your plan pays
to use your HSA coinsurance until 100% of remaining
funds or pay out- meeting your out- eligible expenses
of-pocket of-pocket maximum for plan year
Comprehensive Pharmacy Services 15
