Blue Healthcare Bank’s offerings enable brokers to offer individuals a way to more easily manage healthcare-related personal savings accounts and healthcare claims.

By establishing a Health Savings Account (HSA) option with Blue Healthcare Bank in conjunction with a Blue high deductible health plan, you’re allowing clients to take healthcare back into their own hands.

When individuals participate in an HDHP, they set aside money to pay for eligible out-of-pocket expenses. Money can be contributed to an HSA by individuals and/or their employer up to a maximum of $2,900 single/$5,800 family for 2008. If an individual becomes newly eligible to contribute to an HSA during the year, they will be entitled to the maximum contribution for the year provided they remain eligible for a 12-month period beginning in the year your eligibility started. If an individual is age 55 or older, an additional contribution amount of $900 is allowed in 2008. The additional amount increases by $100 each year until it reaches $1,000 in 2009. The HSA cannot receive contributions after the individual has enrolled in Medicare.

Don’t have an account? Contact us at 1-800-663-BLUE(2583) for more information.