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Health Savings Accounts (HSAs)

See how you can save money on health care expenses and get extra savings discounts with CVS Health® on eligible health care items with a health savings account (HSA).

Make the most of your HSA


Make the most of your HSA

When you pair an Aetna®  high-deductible health plan with an HSA, you can contribute the savings from your health plan to build up your HSA for future care expenses. It's a great tax advantage that helps you also build a healthier financial future.


An HSA offers you many tax advantages: 

  • Money you put into an HSA can lower your taxable income.
  • Money you contribute to your account is tax-free.
  • Money you take out to pay for eligible health care expense is never taxed. 

Your HSA questions answered

How do funds get into an HSA?

You can contribute money to your HSA at any time. If you elect an HSA through your employer, you may be able to have money from your paycheck deposited into your HSA. Your employer can also contribute. If you have an Individual HSA from PayFlex, you can add money from a linked bank account or send in a check.

How much can I contribute?

The IRS sets a limit on how much you can contribute each year. For 2022, it’s $3,650 for self-only coverage and $7,300 for family coverage. If you elect an HSA through your employer, your spouse and adult children (up to age 26) can open an individual HSA through PayFlex. Spouses age 55+ can contribute $1,000 a year and adult children can contribute up to the family limit of $7,200.

What can I pay for with an HSA?

From cough medicine to prescription contact lenses to office visit copays and more, you might be surprised at all the expenses you can pay for with your HSA. 

What happens to HSA funds at year end?

The money in your HSA doesn’t disappear. It’s yours to keep, even if you change jobs or health plans. And it’s yours to use as you like — whether you choose to save or spend your funds.

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The HSA advantage

Find more information about HSA through PayFlex and explore the advantages.


Legal notices

Aetna is the brand name used for products and services provided by one or more of the Aetna group of companies, including Aetna Life Insurance Company and its affiliates (Aetna).

Health benefits and health insurance plans contain exclusions and limitations.