Health Savings Account

Your UMP CDHP Health Savings Account

You are automatically enrolled in a Health Savings Account (HSA) through HealthEquity when you enroll in UMP CDHP. Your HSA allows you to set aside money tax-free for qualified medical expenses.

Learn about the differences between an HSA and a Medical Flexible Spending Arrangement (FSA).

Log in to your Health Savings Account

Yearly HSA deposits

Your employer or PEBB will deposit in your HSA $700.08 for one person, and $1,400.04 for more than one person on an account. The amount is deposited in equal payments over the calendar year. Employer contributions are made only during the months you are enrolled in UMP CDHP. 

Once the money is in your account, it’s yours. There is no deadline to use it, even if you are no longer enrolled in a qualifying health plan. However, you must be enrolled to make deposits to your HSA.

In 2018, the annual IRS limits for contributions to an HSA are:

  • $3,450 for an individual. 
  • $6,900 for a family (two or more enrolled members on one account).

Subscribers age 55 and older can contribute up to an additional $1,000 per year. If you qualified for the SmartHealth wellness incentive (deposited at the end of January), it counts toward your contribution limit.

Many employers will deduct pretax funds from your paycheck and deposit directly to your HSA. Here's the employee authorization for payroll deduction to Health Savings Account form you must submit.

Avoid tax penalties

If you earned the 2018 SmartHealth $125 wellness incentive (earned in 2017), it is deposited in your HSA in late January. This counts toward your maximum annual contribution, so you may need to adjust your payroll contributions to make sure you aren't over your annual contribution limit.

Using your HSA VISA debit card

You can use your HSA VISA debit card to pay for qualified medical expenses right out of your HSA. This includes paying at the provider if you know what the charges will be, or even paying costs that aren’t covered by the plan but are qualified medical expenses.

For a list of items and services that you can pay for with your HSA funds, see the HealthEquity website or call 1-877-783-8823.

Alert! Washington State Rx Services no longer sends HealthEquity claims information about how much you paid for prescriptions. This means you must give HealthEquity your prescriptions claims information to be reimbursed from your HSA.

You can still use your HSA debit card to pay for drugs without needing to file a claim. If you have questions about how to enter a claim using the HealthEquity member portal, please contact HealthEquity at 1-877-873-8823 or memberservices@healthequity.com.

Paying from your HealthEquity online account

After registering for your HealthEquity online account, you can pay a provider directly from your HSA. HealthEquity will send your provider a check.

HealthEquity has information about your processed claims and how much you owe the provider. You can also enter information about other providers, such as dentists, who aren’t paid through medical claims, and pay those providers directly from your HSA.

Contact

Online: HealthEquity website
Phone: 1-877-873-8823