With healthcare costs rising and new changes to ACA, Medicare, and Medicaid, managing your medical expenses is more important than ever. A Health Savings Account (HSA) can help you stay ahead. Here’s why:

 

What is an HSA?

 

An HSA is a tax-advantaged savings account for people with high-deductible health plans (HDHPs). It offers:

– Tax Benefits: Contributions, growth, and withdrawals for medical expenses are all tax-free.
– Flexibility: Use funds for a wide range of medical costs, from prescriptions to copays.
– Portability: The money is yours, even if you change jobs or retire.

 

Why You Need an HSA Now

 

1. Rising ACA Premiums: Premiums could spike in 2026[^1]. Use HSA funds to cover out-of-pocket costs.
2. Medicare Changes: A $2,000 cap on prescription drug costs started in 2025[^2], but HSAs can cover other expenses, such as dental and vision.
3. Medicaid Work Requirements: New rules in 2027[^3] may leave some without coverage. An HSA can bridge the gap. You cannot contribute to an HSA after you enroll in Medicare. However, funds in the account can be used tax-free to pay Medicare premiums (Parts B, D, Medicare Advantage) and other qualified medical expenses.
4. Enrollment Complexity: Stricter ACA rules[^4] could lead to coverage gaps. HSAs ensure you’re prepared.

 

Why Choose Riverland Bank for Your HSA?

 

Riverland Bank offers a simple, high-value HSA solutions to help you save smarter:

• Tiered Interest Rates
• No Annual Fees: Keep more of your savings.
• Easy Management: Access your account anytime with a user-friendly online platform.
• Convenient Access: Use your HSA funds with an ATM/debit card, or by check.
• Low Minimums: Open an account with just $100 and avoid fees by maintaining a $100 balance[^5].

 

Account Balance	APY*
$30,000 and Over	3.04%
$10,000–$29,999.99	0.50%
Under $10,000	0.25%

 

*Annual Percentage Yield (APY) is accurate as of 10/30/2025 and is subject to change at any time. Fees may reduce earnings on the account. The minimum opening deposit required is $100.

 

Maximize Your HSA

 

• Contribute the Max: $4,150 for individuals, $8,300 for families in 2025 (+$1,000 if 55+).
• Invest Wisely: Grow your savings with Riverland Bank’s tiered interest rates.
• Plan Ahead: Save for future medical or retirement expenses.

 

Why It Matters

 

An HSA is more than a savings account – it’s a financial safety net. Whether you’re dealing with rising premiums, Medicare gaps, or Medicaid changes, an HSA gives you control over your healthcare costs.

Start saving today with Riverland Bank and take charge of your health and finances.

 

HSA contributions for 2025 must be made by April 15, 2026

 

______________________________________________________________________________________

 

Sources

 

1. CBPP – Five Key Changes to ACA Marketplaces

2. PAN Foundation – Medicare Reforms

3. Johns Hopkins – Changes to Medicaid

4. Johns Hopkins – ACA Enrollment Changes

5. Riverland Bank HSA