2017-2018 The HydraFacial Company Benefit Summary

Health Savi ngs Account (HSA)

We have partnered with Health Equity to deliver our Health Savings Account (HSA) which allows

you to make tax-free contributions through payroll deductions into a savings account that is offered

only if you enroll in the Blue Shield HDHP plan (not eligible if you enrolled in the HMO or PPO

plan). Any money that you don't spend grows year after year and can be used in the future, even

after you retire.

A C C O U N T C O N T R I B U T I O N S

Account Type

You May Contribute*

Employee

Up to $3,400 (2017 Federal limit) per calendar year

Up to $3,450 (2018 Federal limit) per calendar year

Employee + Family

Up to $6,750 (2017 Federal limit) per calendar year

Up to $6,900 (2018 Federal limit) per calendar year

* The IRS has set limits on the total amount you can contribute to a HSA each calendar year. If you're over 55, the IRS

allows you to contribute an additional $1,000—this is called a “catch-up contribution.”

* If you are HSA eligible on October 1, 2017 and remain eligible on December 1, 2017, you can contribute both the

2017 and 2018 annual maximums to your HSA account as long as you remain eligible throughout all of 2018.

U S I N G Y O U R M O N E Y

You can use your HSA debit card to pay for

qualified medical expenses. For a full list of

those expenses, please visit

Make sure that you keep records of your

receipts as you will need them to prove that

you spent the money on qualified expenses if

you are audited by the IRS.

E L I G I B I L I T Y

You are eligible to open or contribute to an

HSA account if you:



Are enrolled in the HDHP plan

Cannot have a healthcare FSA account

(you and/or your spouse)

Cannot be covered under Medicare,

Medicaid, or military health benefits

Cannot be claimed as a dependent on

another person’s tax return

To compare the cost between our HDHP plan with HSA with our other plans click here:

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