All full-time employees are eligible to participate in the partially funded health savings account (HSA) by the institution. The HSA funds can be used for IRS approved medical, dental, vision, or other health related expenses. These funds are deposited into the designated accounts in January and July of each year.
If a new employee is hired in between the listed deposited months, the prorated amount from the date of hire to the next deposit date will be added to the employee’s HSA account. Funds will be deposited once employee has completed a successful 90 day probationary period.