Health Savings Account (HSA)

Once you enroll in the Health Savings Plan, you can set up your Health Savings Account (HSA) with Optum Financial — and start saving for today and tomorrow.

Here’s what you need to know:

• 2026 annual contribution limits:
  • $4,400 for individual coverage
  • $8,750 for family or other coverage
    (These amounts include any AdventHealth contribution, if you’re eligible.)
• Catch-up contributions: If you’re 55 or older, you can add an extra $1,000.
• Flexibility: You can change your HSA contribution anytime through Workday, and there’s no minimum contribution required.

Your HSA is a simple way to save tax-free and plan ahead for health care costs — now and in the future.

Your HSA isn’t just for today — it’s a powerful way to plan ahead. While you can use it to cover health care costs now, you can also grow your savings for the long term.

Here’s how:

• Your balance rolls over every year: There’s no “use it or lose it” rule.
• Invest when you’re ready: Once your HSA reaches $1,000, you can start investing in mutual funds — with no transaction fees.
• Protect your savings: Add or update your beneficiaries to give your loved one's peace of mind.

Think of your HSA as a flexible tool for both short-term needs and future health care security.

To contribute to a Health Savings Account (HSA), you’ll need to meet these requirements in addition to enrolling in the Health Savings Plan:

• You (or your spouse, if you have family coverage) cannot have other health coverage.
• You cannot have a Medical Flexible Spending Account (FSA) or Health Reimbursement Account (HRA).
• You are not enrolled in Medicare, Medicaid or Tricare.
• You are not claimed as a dependent on someone else’s tax return.
• You have not received care from the VA in the past three months.
• You must have a physical mailing address (not a P.O. Box).

First-time HSA enrollment?
You’ll receive a notice from Optum Financial to complete a Customer Identification Program (CIP). If this step isn’t completed, your HSA will be closed and funds reimbursed — so be sure to follow through.

If you’re a full-time team member earning less than $21 per hour and choose the Health Savings Plan, AdventHealth will help you save by contributing to your HSA:

• $1,000 if you enroll for individual coverage
• $2,000 if you cover any dependents

These contributions are paid in quarterly installments:

• $250 for individual coverage
• $500 for coverage with dependents

Important:

• There are no retroactive contributions, so the total amount you receive depends on when you enroll.
• To receive contributions, enroll by these dates:

Keep in mind: If you add your own funds, the AdventHealth contribution counts toward the IRS annual limit. Subtract our contribution from the limit to know your maximum personal contribution.

Your HSA isn’t just for doctor visits — it covers a wide range of qualified expenses! From braces and contacts to prescriptions, sunscreen and more, your HSA helps you save on everyday health needs.

Paying is simple:

• Use your HSA payment card in-store, online, at your doctor’s office or even after you get the bill.
• Fast, easy and tax-free!

If you're curious to know what else you can buy with your health savings account payment card, visit Optum's eligible expenses page.