With a Health Savings Account from Coastal, you can save and pay for medical and health expenses with pre-tax dollars.

If you have a High Deductible Health Plan (HDHP), sign up for Coastal’s new Health Savings Account (HSA) today. You may be eligible to save and offset rising medical costs.

Designed to comply with the Medicare bill of 2003 signed by President Bush, Coastal’s Health Savings Account was created in response to the growing needs members with HDHPs.

Best used in combination with an HDHP, Coastal’s HSA can help you gain control over your health care spending by providing a tax-advantaged savings account. You can save on a pre-tax basis, choose your own physicians, medical service providers and cover medical expenses incurred by you and your dependents.

Benefits and advantages of a Health Savings Account may include:

• Tax deductions realized on a pre-tax basis as soon as you contribute to your HSA Account*
• Lower Health Insurance Premiums realized by switching to a HDHP
• Control the way your healthcare funds are spent and invested and choose your own physician
• Gain protection from high or unexpected medical bills
• Withdrawals from your HSA are tax-free
• Money saved in your HSA account can be used for qualified medical expenses or for future needs that may arise
• Funds remain in your HSA from year to year; there are no “use it or lose it rules which apply to this account

And, you’ll earn tax-free money on the funds in your HSA account. An HSA is completely portable and you can take your funds with you wherever the future may lead.

Expenses covered by your HSA Account* may include:

• Actual medical expenses
• Doctors visits
• Dental care
• Long term care
• Healthcare coverage when unemployed
• Prescriptions
• Transportation to get to medical care

*Read more and verify eligibility to determine the actual benefits you may be eligible to receive.

Sign up today!
Stop by one of our convenient branch locations to open your HSA account today.