UNITED SA^® offers Health Savings Accounts as another benefit of membership.

A Health Savings Account (HSA) is an alternative to traditional health insurance; it is a savings product that offers a different way for consumers to pay for their health care. HSAs enable you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis.

You must be covered by a High Deductible Health Plan (HDHP) to be able to take advantage of HSAs. An HDHP generally costs less than traditional health care coverage, so the money you save on insurance can therefore be put into the HSA.

You own and control the money in your HSA. You make the decisions on how to spend the money without relying on a third party or a health insurer. You will also decide what types of investments to make with the money in the account in order to make it grow.

Contact us for more information about Health Savings Accounts or visit the U.S. Treasury Department's HSA Frequently Asked Questions web page.