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Consumer Directed Health Care Learning Center

Consumer directed health care gives you the opportunity to take control of your health care spending. A health savings account is one aspect of CDH.

What is a Health Savings Account?

A health savings account is like a 401(k) for your health care dollars. HSAs are tax-advantaged accounts used to pay for qualified medical expenses or save for long-term growth. HSA contributions are tax deductible, they earn interest tax free and money used for qualified medical expenses is tax free.


Read our online guide to find out about Flexible Blue, our HSA-compatible health plan.


View some examples of how health savings accounts work:


If you purchase your own health care . . .

If you are responsible for purchasing your own health care plan, check out the following information to see if an HSA is right for you.


If your employer provides your health care benefits . . .

If your health care benefits are provided through your employer, check with your plan's administrator about how to open an HSA.


Is an HSA right for you?

Use these calculators to determine if an HSA-compatible health plan is right for you. These tools will help you compare costs, show you how much you can contribute, and estimate your possible future balance and tax savings. Please read the disclaimer.


  • Calculate your maximum annual HSA contributions based on your plan deductible, coverage type and other factors with our HSA Contribution Calculator.

  • Compare estimated out-of-pocket costs between a traditional health plan and an HSA health plan for an individual using our Out-of-Pocket Comparison calculator.

  • Want to see your money grow? Enter a beginning HSA balance if you have one, and then calculate potential future balance based on contributions, distributions, rate and time with our HSA Future Balance Calculator.