Health Savings Account
If you have an eligible High Deductible Health Plan (HDHP), a Health Savings Account (HSA) allows you to save money for qualified medical expenses. Your contributions are made with pre‐tax dollars, and any interest earnings are also tax‐free, providing you with a smart way to save for medical expenses. In addition, any unused funds are automatically rolled over from year to year. The amount of your annual contribution is determined by individual eligibility.
Money can be deposited in your account via payroll deduction or a deposit at your local branch. For your convenience, you can withdraw funds and make payments with the Johnson Bank HSA Visa® Debit Card.
Limited to the amount set by law
|Add Catch‐Up Contribution
Available for ages 55 or older
|Maximum Contribution Limit
With catch‐up contribution for ages 55 or older
1Limits subject to change.
For more detailed information on what is considered a qualified or non‐qualified expense, please download this informational PDF from the IRS: Medical & Dental Expenses
In the experience rating process, each loss is divided into a primary and excess portion. The first $16,500 of every loss is determined as a primary loss, with everything above that point considered an excess loss.
In July 2011, the NCCI announced a proposal
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The mod is a ratio of actual losses to expected losses over a 3 year period
If your actual losses are more than expected, then your mod is over 1.0
If your actual losses are
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