HSA details
If you're enrolled in one of our Consumer Choice medical plans (which are high-deductible medical plans), you can also open an HSA to enjoy several financial benefits. These function like regular savings accounts but are specifically for eligible health care expenses. It's a great way to provide a financial cushion for medical expenses. You must have an open, active HSA in order to receive employer funding.
Get free money
Benefit from employer contributions, similar to a 401(k) but for health care. The money remains yours, even if you change plans or leave Nebraska Medicine.
Enjoy triple tax savings
Save on taxes in three ways: your contributions, withdrawals for qualified expenses, and any interest earnings, which are all tax-free.
Spend or save
Use the funds for current expenses or save for future needs. The money in your account rolls over from year to year.
Make easy changes
Adjust your contributions anytime during the year – no need to wait for Annual Enrollment or a qualifying event.
You are eligible to contribute to an HSA if:
- You are enrolled in either the Consumer Choice Advantage or Consumer Choice Value plan.
- You aren't covered by another non-HSA medical plan.
- You aren't enrolled in Medicare.
- You aren't covered by a general-purpose health care Flexible Spending Account (including your spouse's).
Please note: You are not eligible for an HSA if enrolled in the PPO medical plan.
| HSA summary | |
|---|---|
| What it is | An account, like a 401(k) for health care expenses, that you and Nebraska Medicine contribute to with tax-free dollars, which you can then use to pay for eligible medical, dental and vision expenses now or in the future. |
| Who contributes | You and Nebraska Medicine,* up to IRS limits. |
| Who can use it | Use it for your expenses, plus those of your spouse and anyone you claim as a dependent on your tax return, whether they’re covered under a Nebraska Medicine medical plan or not. |
| Making contribution changes | You can make changes to your contributions at any time throughout the year in Workday. |
| Eligible expenses | Medical, dental and vision expenses, like:
Use Optum's medical expense eligibility tool to search for qualified expenses. |
| Rollovers | Unused dollars always roll over to the following year. |
| How to use your funds | Pay expenses with your HSA debit card, online bill pay or by check or submit receipts to reimburse yourself. |
| Account ownership | You own the account, including any money you earn from interest or investments. You keep it if you leave Nebraska Medicine. |
*You and your spouse must meet Empower Your Wellbeing requirements to receive the maximum funding. Learn more.
If you enroll in one of our high-deductible health plans, Consumer Choice Advantage or Consumer Choice Value, Nebraska Medicine will contribute up to:
| HSA maximum Nebraska Medicine funding* | ||
|---|---|---|
| Employee only | $1,000 | |
| Employee/spouse | $1,500 | |
| Employee/child(ren) | $1,500 | |
| Family | $1,500 | |
*To qualify for the total HSA contribution, you (and your spouse) must have completed the Total Health survey and earned at least 7,500 points in the Empower Your Wellbeing platform. Learn more.
If you're covered by the medical plan for less than the entire calendar year, the Nebraska Medicine contributions will be prorated.
Each year, the IRS sets limits on how much you can put into your account. Here are the contribution limits for 2025:
| If you are 54 or under | |
|---|---|
| Medical coverage elected | Maximum annual contribution (this maximum includes any Nebraska Medicine contributions) |
| Employee only | $4,300 |
| Employee + family | $8,550 |
| If you are 55 or older | |
|---|---|
| Medical coverage elected | Maximum annual contribution (this maximum includes any Nebraska Medicine contributions) |
| Employee only | $5,300 |
| Employee + family | $9,550 |
Expenses
You can use your HSA funds for a variety of costs that aren't covered by your medical insurance, including:
- Deductibles and coinsurance.
- Doctor office visits.
- Dental care, including extractions and braces.
- Vision care, including contact lenses, prescription sunglasses and laser eye surgery.
- Prescription medications, as well as certain over-the-counter drugs.
- Chiropractic and acupuncture services.
Browse eligible medical expenses and health items using Optum's online tool.
Investments
Grow your HSA funds by investing them. For accounts with $2,000 or more, explore Optum's investment options to enhance your savings.
Accessing your account
Manage your HSA account anytime by:
- Downloading the Optum Bank app for Apple or Android devices.
- Visit optumbank.com to access your account online.
You will receive an Optum Bank card soon after you enroll.
How to receive Nebraska Medicine HSA funding
To ensure you receive the employer Health Savings Account (HSA) funding for the year, you and your spouse will need to do the following. View the complete guide.
Tools and resources
How to qualify for HSA contributions
Discover how to meet the requirements for HSA funding and plan year incentives.
Access your account anytime, anywhere
Manage your HSA online or on the go with the Optum Bank app. Track your balances, make payments and more.