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Blue
PrioritySM HSA
Consumer-Directed Health Coverage Solutions
Advantages for your Employees
- Portability – Blue Priority HSAs are your employees’ accounts, so
the account balances remain theirs to use even if they change health
plans or leave
your employment
- Tax savings – Employee contributions to the Blue Priority
HSA may be made through pre-tax* payroll reductions if you provide
this option through a
section-125 cafeteria plan or through direct tax-deductible contributions
- Control – Employees can use the dollars in the
Blue Priority HSA to pay for any qualified medical expense, as defined
by the Internal Revenue
Service. There is no need for preauthorization of services or submission
of receipts.
Employees may also direct how their Blue Priority HSA balances are
invested
- Savings – Unused Blue Priority HSA dollars remain in the
account from one year to the next. Investment earnings are not taxed*
in
the Blue
Priority HSA
- Access to information – On wellmark.com, your employees
have access to a variety of confidential and convenient online tools
and
resources
to help them manage their Blue Priority HSAs effectively and efficiently
*State tax treatment may vary
For more information, call 1-877-610-6392 or contact your account manager
or licensed agent. Please note:This information is only to be used for descriptive purposes only. Benefits and general provisions described herein are subject to terms of the actual policy and benefits certificate.
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