Health Savings Account (HSA)

If you enroll in the UnitedHealthcare (UHC) High Deductible Health Plan (HDHP), you may be eligible to open a Health Savings Account (HSA) through HealthEquity to help pay for eligible health care expenses not covered under your medical, dental or vision plan. An HSA makes it easier to pay for current health care costs and save for future health care needs now or into retirement.

An HSA offers the opportunity for you to set aside tax-free* money to pay for out-of-pocket health care expenses. Since the HSA is your bank account, the unused funds roll over year to year. If you leave the company, the account goes with you. HSAs are also a great retirement savings account. You can contribute up to the annual IRS maximums (including the age 55+ catch-up contributions) with pre-tax dollars to pay for health care after you retire. Databricks will contribute to your HSA on per pay period installments. In other words, Databricks' annual contribution will not be available to you at the beginning of the year; rather those contributions will accrue over the course of a year. All contributions (including the amount Databricks contributes) to the HSA must not exceed the maximums set by the IRS each year.

Eligibility

There are specific requirements to open and contribute to an HSA. It’s important to identify your HSA eligibility status during your enrollment.

You may qualify if:

You are enrolled in a qualified HDHP and have no other disqualifying health coverage.
You or your covered spouse do not participate in a Health Care Flexible Spending Account. You are eligible to participate in the Limited Purpose FSA.
You are not enrolled in Medicare.

Eligible Expenses

Common eligible expenses may include:

Medical deductibles and coinsurance
Eligible prescriptions and over-the-counter medications
Vision care, including LASIK laser eye surgery
Dental care, including orthodontia

Review the IRS Publication 969 for more details on eligible expenses at https://www.irs.gov/publications/p969

Contributions

You can easily contribute out of your paycheck. But, as an added bonus, Databricks contributes to your HSA, too! The IRS does limit how much you can contribute to your HSA on an annual basis.

Coverage Type	2025 IRS Maximum Contribution Limit	2025 Databricks HSA Contribution	2025 Maximum Employee Contribution
Individual Coverage	$4,300	$1,155	$3,145
Family Coverage	$8,550	$2,310	$6,240
Age 55+ Catch-up Contribution	Additional $1,000	-	Additional $1,000

Opening Your Account

If you are enrolled in HSA only or both FSA and HSA, then you would need to register at www.myhealthequity.com. Databricks will automatically contribute to your HSA each pay period. Company contributions will accrue over the course of the year. Databricks contributions to the HSA are pro-rated based on your effective date on the HSA.

How do I reset my Health Equity password?

Health Equity members can go to the HealthEquity or Wageworks login page and click the 'Forgot password' link. If you're not sure which portal to use, please contact HealthEquity at 866.346.5800.

How do I transfer HSA from previous employer to my Databricks HSA?

Please contact the trustee of your prior HSA for information they may need to complete the rollover. Then review and complete this form from HealthEquity. If you need further assistance, you can contact HealthEquity at 866.346.5800.

When will I receive my HSA card?

If you have an existing HealthEquity account, you can continue to use your current HSA card for your Databricks HSA. Only new HealthEquity account holders will receive the Welcome Kit and HSA card. You can always request a new or additional HSA card via the HealthEquity member portal or by calling HealthEquity Member Services at 866.346.5800. New HSA cards are automatically sent approximately 30 days prior to the expiration date.

Are HSAs really tax-free?

Yes! HSAs give you a triple tax advantage: your contributions to the HSA are not taxed, payment of qualified expenses is tax-free, and earnings are tax-free.* You can start investing once you have a minimum of $2,000 in your account.

Keep in mind, there are a few important rules you need to follow. If you use your HSA funds for expenses the IRS considers eligible, the money remains tax-free.* If you use funds for ineligible expenses, you will pay applicable taxes and an excise tax penalty (currently 20%). Your domestic partner's expenses generally are not eligible for reimbursement from your Health Savings Account. The IRS states that the fair market value for domestic partner coverage is taxable to you as an employee. For additional questions, consult with your tax counsel.

What about the fine print?

You must be enrolled in a qualified High Deductible Health Plan (HDHP).
You cannot be covered under another non-qualified health plan, including your spouse’s Health Care Flexible Spending Account.
You cannot be enrolled in Medicare or Tricare.
You cannot be claimed as a dependent on someone else’s tax return.

Questions? Refer to IRS Publication 969 for complete rules.

*State taxes may still apply in CA and NJ. For detailed tax implications of an HSA, please contact your professional tax advisor.

Using Your HSA Funds

You will receive a HealthEquity debit card to pay for eligible expenses. You can also submit claims online through your own personal account at www.healthequity.com.

Learn more

Contact

HealthEquity 866-346-5800 https://my.healthequity.com/