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Health Savings Account (HSA)

Health Savings Account (HSA)

If you enroll in the BSCA HSA Yellow or HSA Black plan, you are eligible to open a Health Savings Account (HSA), administered by WEX. An HSA can help you pay for eligible health care expenses such as medical, dental, vision care, and prescription drugs.

What’s in It for Me?

  • Wilbur-Ellis contributes FREE $$$ to your HSA! See the chart below for details.
  • You can set aside pre-tax money from your paycheck to help pay for additional out-of-pocket health care expenses. HSAs give you triple tax advantages:
    • Your contributions to the HSA are not taxed*
    • Payment of qualified expenses is tax-free
    • Earnings are tax-free*
  • The HSA is an individual account you own! The entire balance is yours to keep. If you leave the company, the account goes with you.
  • You can make changes to your HSA contributions at any time. Unused funds always roll over to the next plan year.
  • Freedom to control and manage your healthcare spending and savings to grow your balance for future qualified medical expenses, such as those in retirement.

How Much Can I Contribute?

Contributions for 2026 cannot exceed the annual IRS maximums shown below:

Coverage Type Wilbur-Ellis Annual Contribution** Maximum Employee Contribution IRS Maximum Contribution Age 55+ Contribution
HSA Yellow – Individual $1,000
($250 quarterly)		 $3,400 $4,400 Additional $1,000
HSA Yellow – Family $2,000
($500 quarterly)		 $6,750 $8,750
HSA Black – Individual $400
($100 quarterly)		 $4,000 $4,400
HSA Black – Family $800
($200 quarterly)		 $7,950 $8,750

HSA Eligibility Requirements

  • You must be enrolled in the HSA Yellow or HSA Black plan.
  • You cannot be covered under another non-qualified health plan, including your spouse’s Health Care Flexible Spending Account.
  • You cannot be enrolled in Medicare or Tricare.
  • You cannot be claimed as a dependent on someone else’s tax return.


*State taxes may still apply in CA, NH, NJ, and TN. For detailed tax implications of an HSA, please contact your professional tax advisor.

**Employer contributions are funded quarterly. You must be enrolled on or prior to the first day of the quarter to receive that quarter’s contribution. Please note: For 2026, your HSA funding is tied to your health. Complete a Health Risk Assessment with BSCA by May 31, 2026, and confirm your nonsmoking status (or enroll in a non-smoking program) during Open Enrollment to continue receiving the same quarterly contributions as in 2025.

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