1. To Your Health Savings Account (HSA)
WELCOME {Company}
Welcome! My name is _______ with HealthEquity. HealthEquity will be your HSA administrator, so we are like the bank for the money in your health savings account. How many of you have heard of an HSA before? How many of you have had an HSA before? (show of hands) –this gets the group engaged.
To Your Health Savings Account (HSA)

2. HSA: THE BASICS A Healthy Choice for Your Savings
Today we are going to talk about the basics of how a health savings account works
A Healthy Choice for Your Savings

3. TRADITIONAL PLAN VS HSA PLAN
This is used for regular medical expenses and employees keep what they don’t spend.
Employee’s
Spending
Account
Monthly Payment
Insurance
Premium
Insurance
Premium
Traditional vs. HSA. With a traditional plan you pay a certain amount of monthly premium to your insurance company regardless of it you use those funds or not. The benefit of an HSA-based plan is that you have a lower premium which allows you to contribute to an HSA account. You essentially you are paying yourself some of that money and you can use it when you need it. –You can share your own experience with HSAs here.

4. HSA REQUIRES QUALIFIED PLAN
HSA COMPONENTS
HDHP
Low-Premium, High-Deductible Health Plan
THE INSURANCE PIECE
HSA
Health Savings Account
THE ACCOUNT USED TO FUND THE DEDUCTIBLE—TAX-FREE
There are two components to HSAs, first you must be on a qualified high deductible health plan which is your insurance. When you are enrolled in this insuracen the IRS allows you to have a health savings account. HealthEquity is the financial custodian.
Insurance Company
{insert group insurance}
Financial Custodian
HealthEquity 4

5. You and/or Employer Contribute
WHAT’S AN HSA?
A tax-free savings account that belongs to you, and:
Can be used to pay for qualified medical expenses
Earns interest
Can be invested once a certain threshold is met
You and/or Employer Contribute
Qualified
Medical Expense
Your HSA

6. Who’s eligible? To qualify for an HSA, you must:
Be covered under a qualified health plan on the first day of any month for which eligibility is claimed
Not be enrolled in Medicare
Not be claimed as a dependent on someone else’s tax return
Have no other insurance except what’s permitted by the IRS (see IRS Publication 969)
Discuss double coverage, example: if you are on your souses non-qualified insurance plan you are not eligible to contribute to an HSA.

7. HOW TO CONTRIBUTE 2012 maximum contributions allowed by the IRS:
Fully fund your HSA on day one (subject to the annual maximum)
Make contributions anytime after your HSA is open
Make pretax contributions through payroll deduction, online, or directly to HealthEquity
2012 maximum contributions allowed by the IRS:
Single-coverage $3,100
Family-coverage $6,250
Catch-up contribution, age 55 and older $1,000

8. WHY CHOOSE AN HSA?

9. MAXIMIZE YOUR MONEY Save and keep your money Grow your money
Lower premiums, tax-free, long-term savings
You own the account and the money stays with you
Grow your money
Money rolls over year to year
Triple tax-savings
Contributions aren’t taxed and reduce your annual taxable income
Withdrawals are never taxed or penalized when used for qualified medical expenses; including Rx, dental, vision
Earnings aren’t taxed

10. MAXIMIZE YOUR OPTIONS Keep your doctor
Even if your doctor isn’t a network provider, use your HSA to pay your bill
Protect your account and pocket book
Change jobs or retire and keep your account and balance
Most HSA-qualified plans have maximum out-of-pocket limits
Reach your limit, and expenses are fully covered
Before you reach your limit, use your HSA balance to pay costs
Cover spouse/dependent expenses, even if on another health plan
Your spouse and dependents don’t need to be covered by your HDHP to use your HSA funds to pay their out-of-pocket medical expenses

11. WHY CHOOSE A HEALTHEQUITY® HSA?

12. BENEFITS OF A HEALTHEQUITY® HSA
1. Easy-to-use online access to claims and payments
Access claims, pay providers, and get reimbursements from a single online portal
2. Live service any day, anytime
Live Member Services specialists available 24/7/365

13. BENEFITS OF A HEALTHEQUITY® HSA Continued
3. Remarkable education and support
Average costs for your ZIP code
Tax tips about HSAs—for now and the future
4. Plus:
FDIC-insured cash deposits
Competitive interest rates
Free investment options with no transaction fees—something most banks don’t offer

14. HEALTHEQUITY MEMBER EXPERIENCE

15. MEMBER EXPERIENCE 15 15 15 60–90 days prior 40 days prior
Open Enrollment Meetings and Communications
Account Screening and Set Up
First Login to Web Portal
60–90 days prior
40 days prior
15–20 days prior
Plan Yr. Begins
Ongoing
HealthEquity Receives Enrollment
Welcome Kit and Debit Card
Ongoing Education 15 15 15

16. MEMBER PORTAL: Log On at www.myhealthequity.com
This is a snap shot of our website. It is very user friendly. –You can briefly discuss what options are available online.

17. USING AN HSA

18. HSA HOW TO: Doctors’ Visits1
Go to the doctor
Doctor sends insurance carrier the bill
Claim integrated into member portal
No co-pays
Insurance carrier adjusts price based on discounts
Pay doctor from HSA funds, if funds are available. Pay out of pocket if funds aren’t available and reimburse yourself later. 2 3
*This card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. The Bancorp Bank; Member FDIC.

19. HSA HOW TO: Pharmacy Prescriptions1
Go to pharmacy
Pharmacy applies discount
Pharmacy sends claim to insurance carrier
Show your pharmacy card
Pay with your HSA card
Insurance carrier applies amount to your deductible— no paperwork needed 2 3
*This card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. The Bancorp Bank; Member FDIC.

20. HealthEquity Member Services is open all day, every day, 24/7/365
Building Health Savings™ through:
Live service 24/7/365
Personalized savings strategies
Account integration
We are local, you will get a live person just like me who can answer all of your questions 24/7.

21. Any Questions?
OTHER QUESTIONS?
Thank You!