HSA
HEALTH SAVINGS ACCOUNT
If you enroll in the Navajo Express medical plan, you may be eligible to open and fund a health savings account (HSA) through Optum Bank.
An HSA is a savings account that you can use to pay out-of-pocket health care expenses with pre-tax dollars.
NAVAJO EXPRESS HSA CONTRIBUTION
If you enroll in the medical plan, Navajo Express will help you save by making a contribution to your HSA:
◦ Employee-only coverage: $650
◦ Employee + spouse coverage: $750
◦ Employee + child(ren) coverage: $1,000
◦ Family coverage: $1,000
The Navajo Express contribution will be pro-rated and disbursed throughout the plan year on a monthly basis.
IRS HSA CONTRIBUTION MAXIMUMS
Contributions to an HSA (including the Navajo Express contribution) cannot exceed the IRS allowed annual maximums.
2022 maximums:
◦ Individuals: $3,650
◦ All other coverage levels: $7,300
2023 maximums:
◦ Individuals: $3,850
◦ All other coverage levels: $7,750
If you are age 55+ by December 31, you may contribute an additional $1,000.
HSA ELIGIBILITY
You are eligible to fund an HSA if you are enrolled in the Navajo Express medical plan and meet additional eligibility requirements. Refer to myuhc.com for eligibility information.