Understanding Health Savings Account (HSA)-Eligible Plans
Some health plans available through Explore Health can be paired with a HSA, giving you another way to manage out-of-pocket medical expenses and save money on taxes.
An HSA is a personal account you can use to set aside pre-tax money for eligible health care costs. You decide how much to contribute, and the funds can be used throughout the year for qualified medical expenses.
What makes a plan HSA-eligible?
Not every health plan qualifies for use with an HSA. To open and contribute to an HSA, you must enroll in a plan that meets federal requirements for deductibles and out-of-pocket costs.
These plans are designed a little differently than traditional health coverage:
- Monthly premiums are often lower
- Deductibles are usually higher
- You can use HSA funds to help pay for care before reaching your deductible
For many people, this creates more flexibility in how they budget for health care throughout the year.
All Bronze plans available through Explore Health can be paired with a HSA.
When comparing plans, use the 'HSA-eligible' filter to view plans that work with a HSA.
What can HSA funds be used for?
Money in your HSA can be used for many eligible medical expenses, including:
- Deductibles
- Copays
- Coinsurance
- Certain prescriptions and medical services
HSA funds generally cannot be used to pay your monthly premium.
Any unused balance stays in your account year after year, so you can continue building savings for future health care needs.
Why some people choose HSA-eligible plans
HSA-eligible plans may work well for people who:
- Want lower monthly premiums
- Prefer setting aside pre-tax money for medical costs
- Want more control over how they manage health expenses
- Don't expect frequent medical care
- Want to build long-term health savings
Even if you need more care during the year, using pre-tax HSA dollars can help reduce overall costs.
2027 contribution limits
Federal rules set yearly limits on how much you can contribute to an HSA.
For 2027:
- Individual coverage: up to $4,500
- Family coverage: up to $9,000
There is no required minimum contribution amount.
Comparing costs carefully
Because HSA-qualified plans often have higher deductibles, it's important to compare:
- Monthly premium costs
- Deductibles
- Out-of-pocket maximums
- Expected medical needs
Some plans may have lower monthly costs but higher costs when you receive care.
Explore Health can help you compare plan details side by side so you can choose coverage that fits your health needs, budget, and everyday life. Get started now by comparing plans or finding a local expert to help you.