What you need to know

When you enroll in a Highmark high-deductible (CDHP or CDHP HPN) medical plan, you’re eligible to participate in an HSA, administered by Inspira Financial. With this account:

• You can set aside pre-tax money to pay for qualified medical, prescription drug, dental, and vision expenses — now or any time in the future.
• You don’t pay taxes on your contributions, any earnings, or withdrawals. (A triple-tax advantage!) Any money you don’t use rolls over from year-to-year — it’s always yours to keep — even if you leave the Company.
• When your HSA reaches a minimum balance, it can be invested tax-free, giving you a great way to build a nest egg for the future and even retirement.

Who’s eligible

Generally, you can participate in the HSA if you’re enrolled in the Highmark CDHP 3750, CDHP 2250 or CDHP 2250 HPN plan. 

You can’t contribute to an HSA if:

• You’re covered under any other medical plan that’s not a high-deductible plan, including Medicare or TRICARE.
• Any of your eligible healthcare dependents has a Health Care Flexible Spending Account (HCFSA).
• You’re a dependent on anyone else’s tax return.
• You’re planning to enroll in Medicare within six months.

What the HSA can be used for

You can use the HSA funds to pay for eligible healthcare expenses that aren’t covered by your health plans (medical, prescription drugs and over-the-counter, dental, vision, and more!). Expenses can be for you or any of your family members as long as they are tax dependents who are not covered under another healthcare plan that is not a high-deductible plan.¹

Examples of eligible expenses include: 

• Deductibles
• Copays
• Coinsurance
• Immunizations
• Hearing aids
• Over-the-counter medications, including birth control
• Expenses related to childbirth, such as birthing classes, breast pumps, and nursing supplies

¹ While you can cover your dependent child on your health plan until they turn 26, the IRS doesn’t consider them an eligible dependent for HSA purposes once they turn 24, so you can’t use your HSA funds to pay for any expenses incurred by your 24- or 25-year-old dependent child. Different rules may apply for a disabled adult child dependent. Consult your tax advisor for more details. 

How it works

Contribute to an HSA

You can contribute to your HSA, up to the annual IRS limits for 2026. You can change your contribution at any time during the year. Changes take effect the first of the following month.

2026 annual HSA contribution limit ¹

• You only: $4,400
• You + one or more: $8,750

¹ If you’ll be 55 or older in 2026, you may contribute an additional $1,000.

Pay using your HSA debit card

HSA funds are available as soon as the contributions are made to your account. Use your HSA debit card to pay for eligible healthcare expenses. (You can also pay expenses out of pocket and file a claim for reimbursement online.)

Remember to save any itemized receipts or Explanation of Benefits (EOBs) statements to verify your claims.

Save for the future

Use funds now or save them for future healthcare needs, even into retirement. Any unused money rolls over year to year. It’s always yours to keep. When you reach age 65, you can use the money for non-healthcare expenses with no tax penalty.

Invest HSA funds

If you have $1,000 in your account, you can invest your HSA funds. For more information, talk to your plan administrator.