Health Savings Account

Take control of your healthcare costs
Save on out-of-pocket medical expenses by pairing your high-deductible health plan with a Health Savings Account (HSA).

What is a health savings account?

A Health Savings Account (HSA) is a tax-advantaged medical savings account that you own. It helps individuals and families cover medical and health-care expenses that would otherwise not be covered by their health insurance plan. Plus, HSAs are not state-specific. So even if you live outside our region (Utah, Arizona, New Mexico, Nevada, Idaho or beyond), you can still open a Mountain America HSA.

Open your health savings account today

Visit your nearest branch or call 1-800-748-4302.

Locate a nearby branch

Why use an HSA?

If you’re looking for a flexible, hands-on approach to managing your health-related expenses, an HSA at Mountain America may be the solution for you.

  • Gives you control of your healthcare coverage
  • Supplements your High Deductible Health Plan (HDHP)
  • Pays for qualified medical expenses
  • Contributions can be pre-tax
  • No “use it or lose it” provision so contributions can be carried over year to year
  • Can go with you if you change jobs or leave the workforce
  • Is easily accessed using your Mountain America Visa® HSA debit card

Rate & fee schedule

How Do You Qualify for an HSA?

To be eligible for a Health Savings Account, you need to meet a few requirements
  1. Enrolled in High Deductible Health Plan that meets IRS criteria
  2. Not covered by another health plan
  3. Not enrolled in Medicare
  4. Not claimed as a dependent by someone else

What are the IRS criteria?

  • Minimum annual deductible of $1,300 for individuals or $2,600 for families (2017)
  • Annual out-of-pocket maximum of $6,550 for individuals or $13,100 for families (2017)

Health Insurance

Affordable, high-quality policies

With polices from Mountain America Insurance, you can get group rates for individuals and families.

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