HSA contribution from Ballad Health to be deposited into team member accounts soon
If you are enrolled in the Choice medical plan, Ballad Health will make a cash contribution to each eligible team member’s health savings account (HSA). The account can be used to pay for deductibles, co-insurance and other eligible out-of-pocket expenses related to their health, dental and vision plans. The January contribution is $250 for those enrolled in individual coverage and $500 for those enrolled in EE + child(ren) or family coverage. We anticipate these funds to be deposited into the HSA accounts by Jan. 8, 2025. This contribution will be for the 2025 calendar year. You can elect to make your own contributions to your HSA. Contributions can be increased, decreased or stopped at any time during the calendar year. To make changes, log into the HR & Payroll Service Center. For detailed instructions, click here. NOTE: These links are located in the Ballad Health intranet. The new 2025 HSA contribution limits are listed below…
