New! Health Savings Accounts

Available Now!

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Provident introduces an affordable way to save for health-care costs. This savings product earns dividends while providing potential tax benefits and is designed specifically for members who have a high deductible health plan. This benefit is also extended to our Sponsor Groups to offer to their employees or associates.

What is a Health Savings Account (HSA)?

Health Savings Accounts are sometimes referred to as "Medical IRAs". A HSA is a tax-deductible savings account that can be used to pay for a wide variety of health expenses. A HSA is a great way to save for both day–to–day and future medical expenses. For many consumers, the combined benefits of the tax deduction, the savings program, and the availability of funds for immediate medical expenses make HSAs the smart and flexible approach to health insurance.

Provident's HSA works like a checking account but government rules determine whether you are eligible and how you operate your account.

Learn More, Get Current Rates, Apply Now

Visit our HSA section   Questions and Answers PDF   Rates   Apply