Page 8 - 2022 DPR Construction Benefit Guide_Administrative Employees

Health Savings Account (HSA)

An HSA is a personal health savings account you can use to pay for qualified out-of-pocket medical expenses with pre-tax dollars
— now or in the future. Enrollment in the High Deductible Health Plan is required to be eligible for a Health Savings Account
provided by HSA Bank. DPR will make a biannual contribution to your HSA, and you can also contribute pre-tax dollars. Your HSA
can also be used for your expenses and those of your spouse/domestic partner and dependents, even if they are not covered by
the HDHP medical plan.

HOW A HEALTH SAVINGS ACCOUNT (HSA) WORKS

Eligibility You must be enrolled in the High Deductible Health Plan.

You contribute on a pre-tax basis and can change how much you contribute from each paycheck up to the IRS annual
Your maximum of $3,650 if you enroll only yourself, or $7,300 if you enroll in family coverage. You may make an additional
Contributions catch-up contribution of $1,000 if you are age 55 or older. If you have a minimum of $1,000 in your HSA Bank account,
you can invest funds above that amount. Log in to myCigna.com to learn more.

DPR $750 for employee only coverage $1,500 for employee + family coverage
Construction’s DPR’s HSA contribution is funded twice a year. 50% is funded in January and 50% is funded in July. DPR’s contribution is
Contribution prorated for employees who join DPR mid year.

Medical, dental, vision, and prescription drug expenses incurred by you and your eligible family members. If you
Eligible
Expenses enroll in the HSA, you can’t enroll in a Health Care FSA, however you are eligible to enroll in a Limited
Purpose FSA.

Using Your Use the debit card linked to your HSA to cover eligible expenses, or pay for expenses out of your own pocket and save your
Account HSA money for future health care expenses.

Money left in your HSA at the end of the year will remain in your HSA Bank account — you’ll never lose your HSA dollars.
Remaining If you leave DPR Construction or retire, you can take your HSA with you and continue to pay and save for future eligible
Funds health care expenses.

Find out more information about your individual HSA Bank account through Cigna at myCigna.com or through the
myCigna app.

The Triple Tax Advantage
Your HSA Is Always Yours –
No Matter What! 1 You can use your HSA funds to cover qualified medical
expenses, plus dental and vision expenses too —
One of the best features of an HSA is that any tax-free.
money left in your HSA account at the end of 2 Unused funds grow and can earn interest over
the year rolls over so you can use it next year time — tax-free.
or sometime in the future. And if you leave the You can save your HSA funds to use for your
company or retire, your HSA goes with you! 3 health care when you leave DPR Construction or retire —
tax-free.

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