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As long as you are employed by the State and covered by the State HDHP, you will not incur any account administration fees. If you leave state employment or change health plans and keep your HSA at HealthEquity, you will be charged a monthly administration fee of $3.95 a month, which is waived if the account balance is more than $2,500.
Review the HealthEquity SOM Fee Schedule for additional information.
Note: You are under no obligation to keep your HSA at HealthEquity, but state contributions and payroll deductions can only be deposited in your HealthEquity account.
