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We love that you want to open a PayFlex HSA


You can use a health savings account (HSA) to help pay for current and future health care costs. You can even build your retirement savings. It’s like a 401(k) for health care. Learn more about HSAs.


Let’s find out if you’re eligible for an HSA


To get started — we’ll ask you some health plan related questions. We just need to make sure you meet the Internal Revenue Service (IRS) requirements to open an HSA.


*Indicates required field


Are you currently enrolled in a qualified high-deductible health plan?*




An HDHP has low monthly health insurance premiums (or “payments”) but higher upfront out of pocket costs. With this health plan, you must first pay a deductible. It’s the amount you pay out of pocket for covered services before your health plan kicks in. A health savings account (HSA) pairs well with an HDHP because you can use it to help cover your deductible. Once you pay the deductible, the health plan can pay a portion of your claims.

A qualified HDHP must meet the following criteria.

  • For 2021, it must have a minimum deductible amount of at least $1,400 for a self-only/individual plan or $2,800 for a family plan. Your plan may have a higher deductible.
  • It must limit what you pay out of pocket for deductibles, copayments, and coinsurance for in-network services during the plan year. For 2021, the out-of-pocket maximum for a self-only/individual plan is $7,000. For a family plan, the maximum is $14,000.
  • It can cover preventive care while you’re still meeting your deductible. It may also require a copay or coinsurance for certain preventive services.

Note: The IRS sets the limits each year. They may change from year to year based on a cost-of-living adjustment (COLA).



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