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Hack Your Health Savings Account
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HDHP Plans and Health Savings Accounts Work Together to Help You Save
If you enroll in the Cigna High Deductible Health Plan, you are eligible for a Health Savings Account (HSA). Health savings accounts offer
a unique way to pay for medical expenses and save for future needs. An HSA is considered “tax-advantaged” because you are not taxed
at the federal level on contributions, earnings or withdrawals. Plus, your balance rolls over year to year. You own the account and are in
control. You decide when and how to use your HSA savings.
You Can Use Your HSA to:
• Pay for current expenses, such as deductibles, prescription drugs, coinsurance, dental and vision expenses or other health care expenses.
• Pay for future health care expenses, even if you are no longer enrolled in a High Deductible Health Plan.
• Save for the future. Your withdrawals for eligible medical expenses will be tax-free. Unused HSA funds are yours to keep, even into
retirement. After age 65 you can use your HSA funds for anything. You’ll just owe regular income tax on the funds if you don’t use them
for eligible health care expenses.
How Do I Manage My HSA and Pay for My Expenses?
Once you open your HSA on naviabenefits.com, you'll have access to a portal where you can view your balance, make claims and
payments and request reimbursement. Use your debit card at the time of service or to reimburse yourself for eligible expenses via your
online account or mobile app.
Important HSA Rules to Follow
You can contribute to a Health Savings Account If you have an HSA, you cannot be enrolled in a
only if you are enrolled in the Cigna High Deductible general-purpose health care flexible spending
Health Plan. You cannot be covered under any other account (including coverage under your
medical plan, including your spouse’s plan, or be spouse’s flexible spending account).
someone else’s tax dependent.
12 We've Got You Covered Your Health Your Tax-Savings Accounts Your Safety Net Your Family Your Well-being Your "Me" Time Your Contacts
