HSA for Individuals
Your Money. Your Health.
The Comerica HealthReserve account is a portable, tax-advantaged1, health savings account (HSA) that allows you to set aside money for your healthcare. Your Comerica HealthReserve account is tied to a high-deductible health plan. Unused money rolls over from year to year (there is no "use it or lose it"), gains interest and can be invested in mutual funds2.
The Comerica HealthReserve Account Gives You Control.
You can access your Comerica HealthReserve account anytime to pay for a wide variety of health and wellness related products and services. Your Comerica HealthReserve account puts you in control of how you want to spend your healthcare dollars, whether it's on acupuncture, glasses, orthodontics, LASIK surgery, or seeing a medical specialist.
It's About You.
Health plans are changing. Generally, instead of covering routine procedures and doctor visits, health plan coverage kicks in once you have met a certain deductible. This means that until the deductible is met, you determine how to spend on your health. The Comerica HealthReserve account is your new link to your health.
Health and Your Retirement.
Medicare (government health insurance for those 55 and older) will only cover you up to a certain point3; the Comerica HealthReserve account will give you the added comfort of knowing that you will have additional money available for your healthcare in your retirement.
Begin Saving Today.
If you have an eligible high-deductible health plan and meet other criteria, then you are ready to open your Comerica HealthReserve account.
The Comerica HealthReserve account offers the following benefits:
- FDIC Insured4
- Easy online enrollment and account setup
- HSA Funds are accessible through the HealthReserve CardSM, a Visa® check card
- Online account management and healthcare expense tracking
- Bill payment services to pay for eligible medical expenses online
- Easy electronic contribution options for funding your Comerica HealthReserve account
- Integrated investment account for longer-term healthcare planning2
- Your Comerica HealthReserve account earns interest
Affordable and Accessible.
Your Comerica HealthReserve account can be opened online and is available to you 24 hours a day, 7 days a week. Applicable and monthly maintenance fees apply.
1 Allowed contributions to your Comerica HealthReserve account may be tax deductible for federal income tax purposes and on most state income tax returns. Please consult your personal tax advisor.
2 NONDEPOSIT INVESTMENT PRODUCTS SUCH AS MUTUAL FUNDS ARE NOT INSURED BY THE FDIC; ARE NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, COMERICA BANK; AND ARE SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL INVESTED.
3 Consult with your insurance agent regarding your health plan limits. If you are currently covered by Medicare, you are ineligible to open a Comerica HealthReserve account.
4 Accounts insured up to the maximum amount allowed by law.