About HCSP

Welcome to the Health Care Savings Plan (HCSP) administered by Minnesota State Retirement System (MSRS). The HCSP is an employer-sponsored program that allows employees to invest in a tax-free medical savings account while employed by a Minnesota public employer.

Once you end Minnesota public employment, you can access the HCSP account balance for reimbursement of eligible health care expenses incurred by you, your spouse, legal tax dependents, and adult children up to their 26th birthday. Using the tax-free dollars accumulated in your HCSP account for reimbursement of out-of-pocket expenses may provide a significant savings for you and your family.

The HCSP is a reimbursement account, meaning you're responsible for paying your provider and then requesting reimbursements from this account. Reimbursements are paid to you, not to your provider.


Minnesota State Statute, section 352.98 authorizes MSRS to offer this program to governmental employees in Minnesota including city, state, county, school districts, and governmental subdivisions.

To learn more about the Plan, please see:
HCSP At-a-Glance
HCSP Plan Document