HSAs & fixed indemnity insurance

Can these two tools help make your health insurance more affordable?

A health savings account (HSA) is a tax-favored savings account that can accompany a high-deductible health insurance plan. Fixed indemnity insurance is a fixed benefit insurance plan that pays set amounts for covered common medical expenses.1

What do these two have in common? Both can help you deal with the additional costs you may end up paying even when you have primary health insurance.

Questions? Call 1-844-744-4346

Looking for insurance plans compatible with HSAs?

UnitedHealthcare Individual and Family doesn’t currently have insurance plans with HSAs available through this website. However, check out our affiliate site, GetHealthInsurance.com, for HSA options.

Dealing with high deductibles and other health care costs

More people are choosing high-deductible health plans (HDHP) than ever before. Kaiser Family Foundation found that the number of employees that enrolled in high-deductible plans rose from 4% in 2006 to 24% in 2015.2 And 41% of the employees tracked on the Benefitfocus management platform chose a high-deductible plan in 2016.

These facts mean people are paying more of their initial health care costs themselves, even if they have insurance.

Though they are completely different products, both an HSA and a fixed indemnity insurance plan can help you manage the added costs that come with a high-deductible medical insurance plan.

If you like setting aside your money for a rainy day, an HSA allows you to put pre-tax money in the account to use for medical expenses not covered by your insurance plan. You get to build your own health care costs nest egg, and if you have it through your employer, they may even match your funds up to a certain amount.

If you’re looking for financial help in meeting your health plan’s high deductible right away or for some of the unexpected health care costs that can blow your budget, fixed indemnity insurance pays a set benefit amount for covered common medical expenses. You just submit the expense, and the plan pays the benefit regardless of any other health insurance you might have.

Benefiting from HSAs and fixed indemnity insurance

According to a 2016 report from Benefitfocus, a benefits management company, those who have a health savings account aren’t taking full advantage of it. The report also noted “potentially crucial voluntary benefits” that can help with medical expenses, like indemnity insurance plans, “are lacking among large employers.“3

Don’t miss your chance to use one or both of these tools to help manage your out-of-pocket medical costs.

If you have or are getting a health savings account, use it to its full potential.

And consider a fixed indemnity insurance plan for added financial help when you face medical costs.

Note: Money set aside in an HSA can’t be used for health insurance plan premium payments.

Learn more about health savings accounts or visit HSACenter.com


  1. This plan provides limited benefits. This is a supplement to health insurance and is not a substitute for the minimum essential coverage required by the Affordable Care Act (ACA). Lack of major medical coverage (or other minimum essential coverage) may result in an additional payment with your taxes.
  2. Murphy, Brooke. 21 statistics on high-deductible health plans. Becker’s Hospital CFO. May 19, 2016.
  3. Benefitfocus. The State of Employee Benefits: Insights and Opportunities Based on Behavioral Data. Large Employer Edition, 2016.


No individual applying for health coverage through the individual Marketplace will be discouraged from applying for benefits, turned down for coverage, or charged more premium because of health status, medical condition, mental illness claims experience, medical history, genetic information or health disability. In addition, no individual will be denied coverage based on race, color, religion, national origin, sex, sexual orientation, marital status, personal appearance, political affiliation or source of income.

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Each company is a separate entity and is not responsible for another’s financial or contractual obligations.

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This policy is subject to various exclusions and limitations. For costs and complete details of the coverage, call (or write) your insurance agent or the company (whichever is applicable).