Compare the three savings account options that can be paired with High Deductible Health Plans.
The Bancorp Bank*
Get more information about HSAs. Visit our preferred HSA administrator, The Bancorp Bank.*
Health Savings Accounts (HSAs)
BlueSaverSM Health Account Solutions
BlueSaver HSA Solutions are member-owned personal savings accounts which can be funded by either the group or the member, and must be offered in conjunction with a federally qualified High Deductible Health Plan. BlueSaver HSA Solutions provide a tax-advantaged vehicle for payment of qualified medical expenses. Unused funds can accumulate to pay for future qualified medical expenses. Under an HSA arrangement, the member owns the account, so if they change jobs, the account goes with them.
HSAs (when paired with a High Deductible Health Plan) are available to groups of two or more employees.
Independence Blue Cross (IBC) does not provide HSA administration. However, IBC has a preferred relationship with The Bancorp Bank to provide HSA administration services to customers. Customers may also use any HSA administrator of their choice.
About BlueSaver HSA Solutions
- Enrollment Directions — How to enroll groups and members
- Contributions and Distributions
- Debit Card
Added Pharmacy Benefit Exclusive to BlueSaver HSA Customers
You can save money and make it easier for employees with chronic conditions to more easily afford their preventive medications by opting for a benefit that waives the deductible for these prescriptions.
* The Bancorp Bank of Wilmington, DE, is a federally qualified bank offering HSA trustee services. It is not affiliated with Independence Blue Cross.