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Health Savings Account

General Information

Plan Administrator for Accounts Established on/after January 1, 2024: P&A Group

Health Savings Accounts ('HSA') allow for the establishment of individual non-taxable account to pay for expenses associated with certain types of healthcare expenses. This benefit offers employees the opportunity to have money deducted from payroll on a pre-tax basis for reimbursement of eligible medical, dental, and/or vision expenses.

Participation in the Health Savings Account is optional and available for benefits-eligible classified, management and management confidential employees who are currently enrolled in the High Deductible Health Plan (Moda Medical Plan 6). Enrollment in the HSA is available year-round and changes to the employee contribution can be made at any time. Existing enrollments carry forward, uninterrupted, until changed.

All contributions made to the HSA account belong to the employee and unused dollars carry forward from one year to the next. Upon separation of employment, the unused funds in the HSA account do not get returned to the College. They remain available for future use to the former employee.

Annual Maximum Contribution Amounts

2023

  • Employee Only - $3850
  • Family - $7750
  • Annual "catch-up" contribution for those at least 55 years of age - $1000 additional

2024

  • Employee Only - $4150
  • Family - $8300
  • Annual "catch up" contribution for those at least 55 years of age - $1000 additional

Annual College Contribution

The College contribution toward an HSA account applies toward the IRS maximum. Employee annual contributions should be limited to the annual contribution maximum less the College contribution.

Contribution levels are based on health insurance enrollment tiers as follows:

  • Employee Only - $800
  • Family - $1700

Account Access

For online access to your account established on/after 01/01/2024, log on to the P&A Participant Portal.
For online access to your account established prior to 01/01/2024, log on to iSolved Benefit Services.

Expense Reimbursement

Expenses incurred by the employee, spouse or IRS dependent children that are not covered under a medical, dental or vision plan. Examples: office co-pay, co-insurance and deductible.

Upon election of the Heath Savings Account, eligible expenses can be paid using the P&A Benefits Card or reimbursed by submitting a claim reimbursement request.

P&A Group Expense Reimbursement Process

Claim forms are available inside the My Benefits account and reimbursements requests can be submitted using any of the following methods:

  • Online: P&A Participant Portal
  • P&A Mobile App
  • Mail: 6400 Main St, Suite 210, Williamsville, NY 14221
  • Fax: (877) 855-7105

Reimbursements will be made by check or direct deposit.

iSolved Benefit Services Expense Reimbursement Process

Request for Reimbursement forms, for healthcare expense claims, can be submitted using any of the following methods:

Reimbursements will be made by check or direct deposit.

Health Savings Account w/ Flexible Spending Account (Section 125)

See the Section 125 page for more information on the Flexible Spending Account (FSA) details.

Limited Purpose Health FSA

Employees who are enrolled in the High Deductible Health Plan (Moda Medical Plan 6) and the corresponding Health Savings Account are eligible to contribute to a Limited Purpose Health FSA. By enrolling in a Limited Purpose FSA, pre-tax dollars can be used to pay for eligible expenses now, saving the HSA contributions for retirement.

Expenses reimbursed through a Limited Purpose Health FSA are restricted to dental, vision and preventive medical expenses only.

Upon election of the Limited Purpose Health FSA, eligible expenses can be paid using the P&A Benefits Card or reimbursed by submitting a claim reimbursement request.

Resource Center for Limited Purpose Health FSA Participants

Dependent Care (Daycare) FSA

Participation in the HSA and the Dependent Care FSA is permitted.