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)

HSA: THE BASICS Building Health Savings Today we are going to talk about the basics of how a health savings account works Building Health Savings

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.

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

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

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.

HOW TO CONTRIBUTE 2012 maximum contributions allowed by the IRS: Single-coverage $3,100 (2013—$3,250) Family-coverage $6,250 (2013—$6,450) Catch-up contribution, age 55+ $1,000 (2013—$1,000) 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

WHY CHOOSE AN HSA?

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

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

WHY CHOOSE A HEALTHEQUITY® HSA?

BENEFITS OF A HEALTHEQUITY® HSA 1. Easy-to-use online access 2. Live service any day, anytime 3. Remarkable education and support 4. Plus: FDIC-insured cash deposits Competitive interest rates Free investment options with no transaction fees—something most banks don’t offer

YOUR HEALTHEQUITY EXPERIENCE

YOUR EXPERIENCE 14 14 14 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 Electronic Enrollment Welcome Kit and Debit Card Ongoing Education 01001010010110 14 14 14

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.

USING AN HSA

HSA HOW TO: Doctors’ Visits 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.   Go to the doctor Doctor sends insurance carrier the bill Optional: Enter claim in member portal 3 2 1 *This card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. The Bancorp Bank; Member FDIC.

HSA HOW TO: Pharmacy Prescriptions 1 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.

HealthEquity Member Services is open all day, every day, 24/7/365 866.346.5800 Building Health SavingsSM 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.

Any Questions? OTHER QUESTIONS? Thank You!