A Health Savings Account (HSA) plan is a high-deductible plan that includes a tax-free HSA. You can put money in the account tax-free and then use that money for qualified medical expenses. the STG Family of Companies also contributes money to your HSA every quarter.
HSA Plans are sometimes called consumer-driven health plans (CDHP) because you are responsible for the majority of upfront costs. Preventive care and other limited services are covered at 100%, but it is important that you research your options to find the highest quality medical providers and prescription drugs.
If you have money left in the HSA bank account it stays in the account for the following year. The money can also be taken with you if you change your health plan.