Premera's qualified, high-deductible health plans with a health savings account (HSA) offer your clients great basic coverage and a chance to save money and invest it for future IRS-approved medical expenses. Helping people choose an HSA-qualified health plan also allows your clients to reduce their taxable income. In addition, employers can expect lower monthly rates because of the higher annual plan deductibles. We make it easy to enroll in and to manage both the health plan and the savings account.
Before an HSA an can be opened, a member must be covered by a qualified high deductible health plan. They must also be able to answer NO to the following questions:
We offer integrated banking through ConnectYourCare, so that members who enroll in an individual HSA-qualified health plan can make the most of their HSA accounts. This account offers:
HSA accounts set up through ConnectYourCare give members the ability to maintain records either through their mobile app or by scanning documents to the ConnectYourCare website. This makes it easier to store records in one place for future reference, such as filing taxes or responding to an IRS audit. In addition, the ConnectYourCare site gives them access to tips for making the best use of their accounts for investments, contributions, and paying for expenses.
*UMB Bank n.a., is a member of the FDIC. Founded in 1913, UMB Bank is one of the largest independent banks in America.
ConnectYourCare™ is an independent company providing health-related personal funding account services to Premera Blue Cross and Premera Blue Cross Blue Shield of Alaska employer groups and members.