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Maximizing Health Savings with HSAs | Empower Your Employees Today

Discover the benefits of offering Health Savings Accounts (HSAs) to your employees. HSAs add value by empowering health savings, maximizing benefits offerings, and ensuring a win with health care reform. Learn how HSAs save now and for the future, with tax-free earnings and investment options. Find out who qualifies for an HSA and compare plan types to traditional health plans. Learn how an HSA works, how to fund it, and maximize your savings with powerful tools. Communicate with employees effectively and access helpful member support anytime. Call today for a personal assessment of your plan options!

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Maximizing Health Savings with HSAs | Empower Your Employees Today

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  1. {Company name}Winning with HSAs

  2. Why offer HSAs? HSAs add value: • HSAs empower health savings • Maximize benefits offerings • The sure win with health care reform • 60% of employers likely to face ‘Cadillac’ taxes—not with HSA-powered plans • HSA funds roll over from year to year Learn more at www.healthequity.com/reform

  3. A win for employees Easy win in today’s complex health care system: • Save now: • Lower monthly insurance premiums • HSA deposits aren’t taxed • Typically lowers income tax liability • Save for the future: • HSA funds roll over from year to year • Tax-free interest earned • You keep the money even if you changejobs or insurance plans • “Best-in-class” investment options • HSA can be used post-retirement (age 65) for non-medical with no additional penalties similar to an IRA

  4. Who qualifies for an HSA? To own an HSA, employees should: • Be covered ONLY by an HSA-qualified health plan • Other health coverage (including Medicare, a traditional health plan, or even an FSA) may disqualify them from the HSA • Not be claimed as a dependent on someone else’s tax return

  5. Comparing Plan Types Traditional health plan vs. HSA-powered health plan • Lower monthly premium • Higher deductible • Larger monthly premiumpaid to insurance company • Lower deductible • Money into savings account

  6. How an HSA works Employee and/or employer $ Employee HSA $ Qualified medical expenses: Exams, prescriptions, procedures, vision, dentaland more

  7. Maximize your savings • 2014 max contributions allowed by IRS: • Single-coverage: $3,300 • Family-coverage: $6,550 • Catch-up contribution, age 55+: $1,000 • How to fund your HSA: • Make pretax contributions through payroll deduction, online, or directly to HealthEquity • Fully fund your HSA on day one • Make contributions anytime after your HSA is open

  8. Powerful tools • Convenient access • Debit card • Online • Using our free mobile app • By telephone • Use your HealthEquity account to • Check your balance • Review transactions • Review claims • Submit new claims or documents • Send payments and reimbursements • Access tax documents

  9. Communicating with employees Keeping it simple and relevant • Personas help individuals identify ways that they could utilize an HSA personally. • HealthEquity member education site:www.healthequity.com/HSALearn

  10. Monthly member webinars • Three-part series: • HSA Basics • Tips to Maximize Your HSA Savings • Member Portal Overview • Each session taught twice each month by a trained and certified HSA expert. • www.HealthEquity.com/webinars

  11. Helpful member support • Always availableOur member services are taking calls 24 hours a day, every day of the year • Every step along the wayWe are here to answer any questions you have and help you maximize your savings • Call todayLet us conduct a personal assessment of your plan options • 866.346.5800 www.HealthEquity.com 11

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