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A Health Savings Account can save thousands on healthcare by cutting income taxes, growing savings tax-free and lowering health insurance premiums.


Health Savings Account Enrollment

HSA enrollment is done online once Discovery receives an employee’s demographic information.

Employers send to Discovery a file containing new employee demographic information indicating which employees are HSA eligible. Discovery sets up the employees in the system. The employer provides the employee with standard online enrollment instructions including their user ID and a generic password which was given to the employer by Discovery when the HSAs were first implemented.

HSAs are effective the first of the calendar month following enrollment. Enrollment must be completed by December 1 in order for the account holder to contribute the maximum annual contribution allowed for the current calendar year.