Health Savings Account
If you have a high deductible health plan (HDHP), consider the convenience of a North Coast health savings account (HSA). Our health savings account is simple and flexible with no maintenance or setup fees.
For some, having a health plan with a higher deductible provides a cost-effective option to save money for health care, while still protecting against catastrophic illness and injury.
If you have—or are considering—a high deductible health plan, let us help you save.
HSAs Put You in Control
Health savings accounts give individuals who are covered by an HDHP the ability to save money for qualified medical expenses tax-free. You can contribute up to a set limit each year, and spend it as you choose.
HSAs are a very different way of looking at health care: many expenses not typically covered by insurance are qualified expenses under an HSA. For example, out-of-pocket co-pays can be covered by an HSA.
It's Your Money
Unlike health flexible spending accounts (FSAs), and other health plans, your money doesn't disappear at the end of the year if unused. As well, employer contributions to your HSA are yours to keep, immediately.
Because it's your money you can save it wherever you want.
No Maintenance Fees
Ever try to use a gift card, only to discover that someone has been taking a fee because you didn't use it fast enough? We don't like that either. That's why we don't charge a monthly fee for our health savings account.
It's Easy (and Free!) to Switch
Combined with the convenience of a health savings account (HSA) from North Coast, the tax advantages of an HDHP can be compelling.
