Health Savings Account

  • To review information regarding all plans available through the Trust and/or Everett Public Schools, please select the appropriate "tab" under Benefit Information on the menu to the left or by using the links provided below. To open documents on the Everett Public Schools website, you may need to turn off your "pop-up" blockers. If you experience difficulties with a link please send an email.

    A Health Savings Account (HSA) works with a high deductible health plan (example: Qualified High Deductible Plan) and lets you set aside a portion of your paycheck--before taxes--to help you pay for qualified medical expenses or qualified expenses that aren't covered by your qualified high deductible health plan. It can also help you plan for future medical expenses. Neither the district nor the Everett Public Schools Employee Benefit Trust (Trust) will make contributions to this account, all contributions must be made by the employee.
    Employees are STRONGLY ENCOURAGED to review the information regarding HSA accounts carefully.
    Employees begin the enrollment process through Everett Public Schools Employee Online. The first deposit into the HSA will begin with the January payroll (or payroll following your hire date). Prior to the account initialization you will be contacted to complete your account setup via the Navia online website.

    Employees must meet specific requirements to qualify for a Health Savings Account 

    • Be enrolled in a high deductible health plan. - Aetna Saver + HSA
    • Understand that the employee is responsible for the costs of all services (except preventive) until they reach their or their family's deductible.
    • The employee is not claimed as a dependent on anyone else's tax return.
    • The employee, or any covered dependents, are not eligible for or enrolled in Medicare, Medicaid, or Tricare.
    • The employee, or any covered dependents, are not covered under any other non-high deductible health plan.
    • The employee, or any covered dependents, are not covered on anyone's Health Care Flexible Spending Account.
    • The employee understands that if it is determined at a date after the annual open enrollment period has closed, that they are not eligible for an HSA, that they must wait until the next annual open enrollment to change plans.

    2019 contribution limits - Employee only $3,500 a year; Employee + Family $7,000

    2018 contribution limits - Employee Only $3,450 a year; Employee + Family $6,850