Health Savings Account (HSA)

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The Saver medical plan allows you to have a Health Savings Account (HSA) administered by Health Equity. This plan allows you to pay lower premiums in exchange for a higher deductible. While this higher deductible may seem intimidating, the HSA allows you to save pre-tax dollars to help pay for any medical expenses the may occur. Sonesta will match your HSA Contribution, dollar for dollar, up to the employer annual maximum (click "read more" for additional information). If you choose not to contribute to your HSA, you will not receive Sonesta’s employer contribution.

The Health Savings Account is only available to employees who are enrolled in the Saver medical plan

Start date - End date: 05/01/2024 - 04/30/2025

Carrier: Health Equity

Phone: 866-346-5800

URL: http://www.healthequity.com/me/

 

Health Savings Account                       Amount
Employer Annual Contribution     
Employee                                                up to $500
Employee + Spouse                                up to $750
Employee + Child(ren)                             up to $750
Family                                                      up to $1,000

2024 Maximum Employee Contribution (excluding employer contribution)   
Employee                                                  $3,350
Employee + Spouse                                  $7,000
Employee + Child(ren)                               $7,000

 


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