What is an HSA?

HSA stands for "Health Savings Account". When you enroll in some of our higher deductible plans, you have the option of opening up an HSA account with Wells Fargo or the financial institution of your choice. Having an HSA enables you to set aside money for medically related expenses and deduct these expenses from your taxes at the federal level. For more information on Kaiser Health Savings Accounts, click Understanding HSA's.