Health Savings Account

Rates & CoverageImportant DocumentsOnline Resources & AppsHelpful VideosNeed Help?

A Health Savings Account (HSA) is an awesome tool to have when participating in the TRS ActiveCare 1-HD (high-deductible) Plan.  We know that by participating in TRS ActiveCare 1-HD you are subject to a higher deductible, which potentially means significant out-of-pocket expenses. The HSA is there to help with these out-of-pocket expenses.

Key Points:

  • 2017 Plan Limits including the YES Prep contribution:
    • Individual-$3,400
    • Family-$6,750
  •  Funds are not use-it-or-lose-it so they roll over from year-to-year.
  • YES Prep contributes $50 per month to this account (up to $600 for the plan year) if you are enrolled in ActiveCare 1-HD.
  • Employees are not required to make contributions to the account and still receive the funds from YES Prep. However, you also are able to make individual contributions to the account to further assist with eligible expenses.
  • Your account must be open and active at funding, otherwise, you will forfeit that month’s contribution.
  • Access your account online
    • Store health expense data and receipts
    • File claims or distribution requests
    • Initiate a provider payment
    • Consolidate health expenses and claims from multiple insurance providers
    • View an easy to read snapshot of your healthcare finances with charts and graphs

Check out some additional resources we have provided to help you better understand how this plan works so you are prepared and educated on all of our great benefits.

Rates & Coverage

This guide is your one stop shop for information on coverage options and insurance rates.

Important Documents

  • HSA Eligible Expenses

    You can pay for a wide range of IRS-qualified medical expenses with your HSA, including many that aren't typically covered by health insurance plans. This includes deductibles, co-insurance, prescriptions, dental and vision care, and more. For a complete list of IRS-qualified medical expenses, visit www.irs.gov

  • How Funding Works

    Provides you great insight into how funded plans operate from a cash flow perspective

  • Name Change Form

    HSA Bank requires you to submit a form to confirm your name change

Online Resources & Apps

Helpful Videos

Need Help?

HSA Bank Customer Service

1-800-357-6246