Money you save for health care expenses
You can view the full list of qualified medical expenses by visiting the IRS’ website and viewing Publication 502.
You can view the full list of qualified medical expenses by visiting the IRS’ website and viewing Publication 502.
Every pay period, a small portion of your check will be deposited pre-tax into an interest-bearing Health Savings Account at Gulf Coast Educators FCU. You will receive a debit card so that you can use your saved funds on out of pocket medical expenses, such as your deductible, co-payments for medical care and prescription drugs, or vision and dental care bills.
The easiest way to access your HSA funds is with your Benefits HSA debit card, which you receive after you enroll. You may use the debit card anywhere that accepts VISA. To replace a lost or stolen debit card, you may order a new one by contacting Gulf Coast Educators FCU at 281-436-5499.
With your HSA, you have the option to invest a portion of your HSA funds using myHSAinvestments. Since your unused HSA dollars roll over each year, investing some of your money may be a wise option if you plan to save more than you spend.
Why would you want to invest your HSA dollars? Let’s consider just a few of the benefits of investing:
For more information, call Gulf Coast Educators FCU at 281-436-5499 between 7:00 am and 7:00 pm weekdays, or 9:00 am – 12:00 pm on Saturdays. You may also visit www.katyisdhsa.com , email hsa@gcefcu.org , or visit any Gulf Coast Educators FCU location. Also, review the Health Savings Account FAQs.
For any benefits question or concern, including 24/7 Nurse Line access, one call does it all.
Call us at 866-222-KISD (5473)