To participate in an HSA, an individual (employee):

  • Must be enrolled in a qualified HDHP (High Deductible Health Plan) offered by their employer. See HDHP Eligibility Requirements.
  • Cannot have other health insurance, with the following exceptions: worker’s compensation, insurance for a specific disease, insurance that pays a fixed amount per day of hospitalization, dental, vision, long-term care, accident and disability insurance
  • Cannot be enrolled in Medicare Part A or Part B
  • Cannot be a dependent on another person’s tax return
  • Cannot have received VA benefits in the past 3 months

Apply Now or Learn More about Sandy Spring Bank’s Health Savings Accounts:

  • Please call: 800-399-5919, press 2, 5.
  • View Sandy Spring Bank’s HSA Rates.


*All references to tax savings are at a federal level. State taxes vary. Please consult your tax advisor.