Page 7 - Brown PC 12-1-2022 Benefit Guide
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HSA Option:
Blue Cross Blue Shield
Health Savings Account (HSA)
A health savings account is a tax-advantage medical savings account
available to tax payers in the United States who are enrolled in an HSA
qualified high-deductible health plan. HSA’s can grow tax-deferred in
your account for later use. There’s no deadline for making a withdrawal:
Consumers can reimburse themselves in future years for healthcare costs
by saving now.
Brown PC, contributes a small amount annually to your HSA benefit.
2023 Employee HSA Contribution Annual Limits:
• Individuals (self-only) Coverage: $3,850
• Family Coverage: $7,750
• Over Age 55+ you can contribute additional $1,000 annually
(see HR for additional forms that need to be completed)
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