 Are you making the most of your health care savings?
Now you can.
If you’re enrolled in a qualified high-deductible health plan (HDHP), an OptumHealth Bank Health Savings Account (HSA) can help you save and pay for qualified medical expenses — tax-free. With an HSA, you can spend the funds now or save them for the future. Your HSA is your account. You own it. You can add to it. Even if you change jobs, it’s yours to keep.
HSA Advantages:
Control
You own the funds in your account from day one. You decide when and how to use them.
No more use-it-or-lose-it
Unused funds add up, and earn interest tax-free. The money is there when you need it — now or in the future.
Flexible funding
Anyone can contribute to your account — your employer*, you (by contributions you make or payroll deductions, if available) and/or any other person, through tax-deductible contributions.
* Check your plan materials to see if your employer will be making supplemental contributions.
Portability
Even if you change jobs, your HSA stays with you.
Expanded use for:
- All qualified health care expenses, such as prescriptions or doctor’s office visits. See examples of eligible/ineligible expenses.
- Non-health care expenses (but you’ll pay tax plus a penalty unless you are disabled or aged 65 or older).
- Certain health coverage premiums, like COBRA, long-term care, health plan coverage while on unemployment, and any deductible health insurance, other than a Medicare Supplemental policy, for those aged 65 and over.
Investment options
Once your balance reaches your investment threshold, you can invest in a variety of funds. Investments are not FDIC-insured, are not guaranteed by OptumHealth Bank and may lose value.
Convenient access to funds and account information online through
OptumHealthBank.com
Create a password to view your account balance and monthly statements, transfer funds and more.
Easy Access to HSA Dollars
Use your OptumHealth Bank Health Savings Account MasterCard® Prepaid Debit Card:
- At any point-of-service location (such as a pharmacy) that accepts MasterCard debit cards
- At any ATM displaying the MasterCard brand mark
- To pay a bill from a provider who accepts MasterCard — simply write your account information in the space provided
You can also make payments from your HSA online at OptumHealthBank.com, or use checks (if you choose to purchase them).
Account Information Anytime You Need It
- Toll-free self-service by phone, 24 hours a day, 7 days a week (self-service):
(866) 234-8913
- Log on to OptumHealthBank.com
- Talk to a customer service representative Monday through Friday, 8 a.m. to 7:00 p.m. Eastern time
Online and/or by phone, you can use self-service features to:
- Set up contributions
- Check current balance and view monthly statements
- View last five (5) deposits and withdrawals
- Activate the Health Savings Account CardSM
- Set or reset phone or Web password
- View frequently asked questions and learn about investment options
At OptumHealth Bank, our sole focus on health care banking has made us the market-leading HSA administrator. Account holders across the country count on OptumHealth Bank, Member FDIC, for their health care banking needs.
Take control of your health care savings today and start saving for tomorrow. Now you can. Enroll in an OptumHealth Bank HSA. It’s your money no matter where you go!
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