Common use of Health Savings Account Clause in Contracts

Health Savings Account. If you enroll in the HSA medical plan, you have the opportunity to open a Health Savings Account (HSA), a tax-free account that you can use to pay for eligible healthcare expenses now and in the future. To help you get started saving, USG will match your contributions to your HSA up to a pre-determined amount (see xxx.xxx.xxx/xx/xxxxxxxx for current amounts).You can use this account to pay for eligible out-of-pocket healthcare expenses including hospitalization, physician care, prescription drugs, dental, and vision. You can also contribute additional tax-free funds, up to IRS limits, to save for future healthcare needs or to protect yourself from the unexpected.

Appears in 6 contracts

Samples: Employee Handbook, Employee Handbook, Employee Handbook

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