Health Savings Account

View 2021-2022 Plan Details


An HSA is a tax-advantaged savings account that belongs to you. It is always paired with a qualified High-Deductible Health Plan (HDHP).

The HSA can be used, tax-free, to cover:

  • Your insurance deductible
  • Qualified healthcare expenses that insurance plans might exclude
  • Co-payments and coinsurance until you reach your health plan's out-of-pocket maximum
  • Qualified medical, vision or dental expenses that may not be covered by your HDHP.

Employer Contributions

Employees who select the HSA option during their benefits enrollment, will be eligible to receive a University contribution of:

  • $400 per year for Employee only subscribers
  • $600 per year for Employee plus Dependent(s), and Family subscribers.

Upon completion of certain Wellness In Motion healthy activities, an employee may also receive employer contributions to their HSA of up to:

  • $300 per year for Employee only subscribers
  • $600 per year for Employee plus Dependent(s), and Family subscribers. 

For additional detail about the Wellness In Motion program, please visit www.duq.edu/wellness

Know Your Limits

It is important to know how much you can contribute to your HSA to avoid excess contributions, which are taxed. The maximum contributions for this plan year are:

  • $3,600 for Single;
  • $7,200 for Employee plus Spouse or Child and Family;
  • Any participant who turns 55 or older during the plan year may also contribute an additional $1,000.
  • If you and your spouse have insurance coverage that qualifies you for an HSA, and you both make contributions to an HSA, the $7,200 limit may be 100% deposited into one spouse's account, or shared between the two accounts.  No family may have more than the $7,200 amount.

Who can establish and contribute to an HSA?

The IRS has strict guidelines to determine who is eligible to own and contribute to an HSA. Under the law, an eligible individual: 

  • Must be covered under a qualified HDHP on the first day of any month for which eligiblity is claimed
  • May not be covered under any health plan that is not a qualified HDHP, with the exception of certain permitted coverage and certain health-related payment plans
  • Must not be enrolled in Medicare
  • May not be claimed as a dependent on another individual's tax return

Did you know that you can also grow your account through saving and investing? 

Learn more by contacting Discovery Benefits at 1.866.451.3399.