Health Savings Account
Make the most of your Health Savings Account (HSA) by investing a little time to learn how it works.
Eligibility
You may be eligible to open an HSA if:
- You are not covered by any other non-high deductible health plan, such as a spouse’s plan. Exceptions include dental and vision coverage.
- You are not enrolled in Medicare.
- You do not receive health benefits under TRICARE.
- You have not received Veterans Administration (VA) benefits within the past three months.
- You cannot be claimed as a dependent on another person’s tax return.
- You are not covered by a general purpose health care flexible spending account (FSA) or health reimbursement account (HRA).
Other restrictions and exceptions also apply. We recommend that you consult a tax, legal, or financial advisor to discuss your personal circumstances.
HSA highlights
When you enroll in either the Choice or Value HSA medical option, your information will be sent to Accrue Health in order to open your HSA Bank Account. You will be required to go through a process called the Customer Identification Program (CIP). CIP verifies your full name, residential mailing address, birth date, and Social Security Number as required by the USA Patriot Act. No action is required on your part unless you did not provide complete or accurate information at the time of enrollment. If you do not pass CIP, you will be notified by Accrue Health of what is needed in order to confirm your identity.
- You will receive a single HSA debit card in the mail. It is sent in a plain, white envelope with a return address of:
PO Box 7248
Sioux Falls, SD 57117 - To order additional debit cards for your enrolled dependents, call Accrue Health member services at 1-844-643-3099. Please allow 10-14 business days for new cards to arrive.
- Whenever there is activity on your account (e.g., a debit card is issued or replaced, you have claims activity, you are required to submit documentation for a claim, an account statement is available, etc.), you will receive a generic email designed to protect your privacy.
- In addition to the money you contribute, you can also earn additional money each year from Bloomin’ Brands if you or your enrolled spouse complete Health Rewards activities before December 1. Remember, the maximum amount you can contribute to your HSA is the annual limit set by the IRS, plus any catch-up contributions if you are eligible, MINUS the maximum Health Rewards you are eligible to earn.
Learn the details
Click on the following links to learn more about an HSA:
Download the AccrueHealth mobile app!
It makes it easy to manage your HSA. It has the tools you need when you’re on the go!
Available on the App Store or on Google Play.
Contacts
AccrueHealth
Health Savings Account (HSA) and Health Reimbursement Account (HRA) administrator
BCBSFL Customer Service
Navigate the healthcare system and your medical coverage