Health Savings Account

Save money on taxes, grow your nest egg

A Health Savings Account is a smart way to lower your actual cost for health care – now and throughout your life. That’s because the money in your account is not taxed when you save it, and not taxed when you use it to pay for eligible health care expenses.

How It Works

  • When you enroll in the Silver or Gold medical plan, an HSA is automatically opened in your name at Alight HealthEquity, Grainger’s HSA administrator.
  • You decide how much money to contribute to your HSA through pre-tax payroll deduction. You can contribute up to the IRS annual limit on contributions from all sources combined.
  • If you enroll in the Gold medical plan, Grainger annual contributions (amounts prorated for new hires) are spread equally across pay periods throughout the year and count toward the IRS annual limit.
  • You also decide when to use the money in your account – now, next year, even in retirement.
  • Your HSA balance is always yours to keep, even if you change medical plans, leave Grainger or retire.

HSA Snapshot

Who is eligible?

  • You are eligible for an HSA if you are enrolled in Grainger’s Silver or Gold medical plan. Both are high-deductible plans.
  • You are not eligible if you are covered by Medicare or other health insurance that is not a high-deductible plan, whether  Grainger’s Platinum Plan or your spouse/partner’s medical plan.
  • Review the benefits eligibility details.

What is it?

A tax-smart way to pay for health care expenses, now or in the future.

Why participate?

  • Triple tax advantages! Your HSA contributions are tax-free and money comes out tax-free if used for eligible expenses. In addition, any funds in the account that you choose to invest can grow tax-free.
  • Plus, you get HSA contributions from Grainger if you are enrolled in the Gold Plan. 

Your contributions

You can contribute up to the IRS annual limit on contributions from all sources combined. For 2022, those limits are:

  • Team Member only coverage: $3,650
  • Family coverage: $7,300
  • Catch-up: Add $1,000 if you are age 55 or older by the end of 2022

Grainger’s contributions (Gold Plan participants only)

Grainger’s annual contribution (amounts prorated for new hires):

  • Team Member only coverage: $500
  • Team Member + Spouse/Domestic Partner coverage: $750
  • Team Member + Child(ren) coverage: $750
  • Family coverage: $1,000

Grainger contributions are spread equally across pay periods throughout the year and count toward the IRS annual limit.

Eligible expenses

Common eligible expenses include:

  • Most medical care and services
  • Health care deductibles and coinsurance
  • Dental care (non-cosmetic)
  • Vision care
  • Orthodontia
  • Prescription drugs
  • Over-the-counter medications
  • Menstrual care products
  • COBRA coverage
  • Medicare and retiree health insurance premiums
  • Qualified long-term care expenses

Review the full list of qualified health care expenses.

What to do

Access your HSA

If you enroll in the Gold or Silver medical plan, you will receive a HealthEquity personal debit card to access money in your HSA when paying for expenses at health care providers and pharmacies. You can also pay bills online or request a reimbursement at

Get the app

Download the HealthEquity Mobile app via the Apple App Store or Google Play.

Manage your contributions

To start, stop or change your contributions anytime:

  • Log on to the Total Rewards Portal using your Grainger username and computer password (the same information you use to log into SAP/Kronos for your timecard).
  • Go to “Your Health & Wellbeing” and click the “Visit YBR” button on the right side of the page.
  • Click “Health and Insurance” in the top navigation of the YBR homepage.
  • Expand Health Accounts and Change Your Contribution.
  • Changes are effective as of the first day of the following month.

Note: The HSA is not available to team members outside the continental U.S. 



When Coverage Ends

If You and Your Spouse or Domestic Partner Are Both Grainger Team Members

Special Savings Offers


Profit Savings Plan

Retirement Benefit Questions (65+/Medicare-eligible [including disabled early Medicare eligible] and pre-65 eligible retirees/dependents)

Medicare Plan Options Questions (65+ or early Medicare retirees with or without Grainger Retiree Health)


Connect with a Benefit Pro

Access the Provider Search Tool

Keep in Mind

Enroll Now

2022: Your Cost for Coverage

When Coverage Ends

If You and Your Spouse or Domestic Partner Are Both Grainger Team Members

Special Savings Offers


Profit Savings Plan

Profit Sharing Plan Historical Plan Information Pre-2021

Dear Team Member,

The last 18 months have pulled us in all sorts of directions and presented several new challenges. Many of you have had to adapt to an ever-changing lifestyle that includes homeschooling kids, working overtime, taking care of loved ones, and worrying about finances. At Grainger, we recognize the toll these changes take on your personal wellbeing. And while I’m proud to say you’ve continued to provide exceptional customer service despite these challenges, it’s just as important to put the same attention on yourself.

We want you to be your best, not only at work but at home. That’s why we’ve made some enhancements to our benefits programs to better support your emotional, financial, physical, and social wellbeing. These new programs will provide access to short-term cash, one-on-one financial coaching, or stress management support. Over the last year, we built a strong foundation of wellbeing resources to ensure you have more choice and flexibility with your benefits.

This Annual Enrollment Decision Guide will help you navigate the robust benefits that Grainger offers and support you in making your elections for 2022. Annual Enrollment will run from October 11 to 29, 2021. Now is the time for you to take action for you and your family’s wellbeing. We have more plans underway to continue to enhance our wellbeing offerings and we’re excited to share these with you soon.
As always, thank you for all you continue to do for each other, our organization, and our customers.

Stay well,
Kathleen Carroll
SVP & Chief Human Resources Officer

LinkedIn: Kathleen Carroll
Instagram: @KathleenSCarroll
Firstup: @kathleen.carroll8