Health Savings Account with HSA Bank

HSA Bank is the university’s Health Savings Account (HSA) administrator. Health Savings Accounts work in conjunction with Cigna’s High Deductible Health Plan. 

Top 3 Things to Know

  1. HSA contribution limits for 2025 are $4,300 for the individual and $8,550 for the family.
  2. The university contributes to employees’ HSA accounts, $500 per individual and $1000 per family. ( Employer HSA contributions are split over several payroll periods and pro-rated based on date of hire.)  
  3. HSA Bank issues a debit card that can be used for IRS-approved expenses

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