1. Health Savings Account
Presenter Name
Date

2. What is a Health Savings Account (HSA)?
Pre-tax benefit account that works a lot like a 401(k)
Set aside pre-tax money
Pay for everyday health expenses today
Save for future healthcare expenses
You can use an HSA if you are covered by a qualified high-deductible health plan
[Employer Name] sponsors this program, brought to you by WageWorks, to help you save on important healthcare expenses by using pre-tax dollars.
Your HSA can cover a wide range of needs, for many of the big out-of-pocket expenses and everyday purchases that you already pay for. Just open HSA choose how much to set aside for expenses during the plan year.
A WageWorks® Health Savings Account (HSA) is like a 401(k) for healthcare expenses. If you are covered by a qualified high deductible health plan, you can set aside pre-tax money in an HSA to pay for current and future healthcare expenses. A WageWorks HSA is the smart, simple way to reduce your tax burden while building a healthcare nest egg.
The money in your account is yours to keep even if you change jobs, switch healthcare plans, or even retire. Unused funds are rolled over from year to year. The calculator at is a great place to start.

3. Why You Need It
Use tax free money to pay for today’s eligible out-of-pocket healthcare expenses
Put away something extra for tomorrow’s healthcare needs
Earnings on your HSA funds are tax free, too
Earn money while saving money with no “use it or lose it” risk

4. How It Works Determine how much to contribute
Estimate how much you’ll need
Elect how much to contribute
Funds are taken from your paycheck before taxes
Start saving up to hundreds of dollars in one year
Savings result from lower overall taxes
A WageWorks HSA is a great way to manage today's and tomorrow's healthcare expenses. With a WageWorks HSA, you pay for today's out-of-pocket healthcare expenses using tax-free money and put away a little something extra for future healthcare needs – even in retirement. You can easily access funds in your HSA to pay for hundreds of eligible healthcare products and services.
But here's the best part about a WageWorks HSA: you can earn money while saving money. Just like other savings accounts, your HSA can earn interest. And because funds are moved from your paycheck to your HSA before taxes are deducted, you reduce your overall tax burden.

5. How You Use It Use your WageWorks Card to pay instantly
Works like a debit card, just swipe and go
Funds come directly from your HSA
No PIN required
This program features on-the-spot access to your account with the WageWorks Healthcare Card. Use it just like a debit card for co-pays, prescriptions, over-the-counter products, and more. The card gives you a fast and easy way to get immediate access to your account, without having to pay and wait for a reimbursement check. Note that although the WageWorks Healthcare Card is technically a debit card, you will need to select “credit” at the register when you pay for services. Also, you should still hang on to your receipts in case WageWorks needs to verify that an expense is eligible.

6. No Card, No Problem Pay My Provider Pay Me Back
Pay bills instantly, directly, online
Doctor bills, orthodontia and more
Pay Me Back
Traditional claims
Fast reimbursement
It’s your money. Your HSA just helps you save it from taxes, and gives you control over how you spend it on your health and your family. The program is built for maximum convenience and control.
You choose when and how to spend the money in your account. Use Pay My Provider to make direct payments online to health and dependent care providers. You can even set up automatic payments for ongoing needs like child care. Or use Pay Me Back to send in traditional claims, and get quick reimbursement.
To keep track of your money, you can get information about your account balance, recent activity, claims in progress, and more at any time with the convenient online tools at

7. How You Manage It Use WageWorks EZ Receipts Or online at WageWorks.com
File a claim and get reimbursed quickly
View transactions and benefit account balances using a single login
Snap a photo of receipts and submit them for payment
Receive confirmation s when claims are received, processed, or paid
Receive text messages when card verification is required, a transaction is denied, or a claim has been processed
Or online at WageWorks.com

8. How Much You Can Contribute
For 2015:
$3,350 if you have individual coverage
$6,650 if you have family coverage
If you are 55 or older as of December 31, 2015, you may contribute an additional $1,000
IRS sets the contributions guidelines
Everyone has expenses for health care that aren’t covered by your health plan or other benefits. [Employer Name] offers the HSA program to help you save money when you pay for these important expenses.
You can use your HSA to pay for co-pays, co-insurance, and deductibles when you visit the doctor, for prescriptions, and for other out-of-pocket healthcare expenses you incur. You can also use it for most dental and vision care needs that aren’t covered by your insurance. You can even use your HSA for a wide range of everyday, over-the-counter products to care for your health. Now that a prescription is required for over-the-counter medicines, make sure to get the prescription first before purchasing the item. You still will be able to purchase many items, such as contact lens solution and bandages, without a prescription. See the eligible expense lists available on for more details.
You can also use your HSA to pay for your eligible dependents’ healthcare expenses — even if they’re not enrolled in your health plan. Eligible dependents include anyone you can legally claim as a dependent on your federal income tax form.

9. Eligible Expenses Use Your HSA to pay for:
Prescriptions for almost any medical condition
Prescribed over-the-counter medicines, e.g. aspirin, cough syrup
Co-payments, co-insurance, and deductibles
Dental care, both preventive and restorative
Orthodontia, child and adult
Vision care, eyeglasses, contact lenses, solutions
Eye surgery, including laser vision correction
Counseling and therapy
Psychology and psychiatry
Chiropractic care and acupuncture
See for more
Here are some of the most popular healthcare expenses that are typically covered by your HSA. Please note that to be eligible, expenses typically need to be for a specific medical condition, not for general wellness.
For more information and a full list of expenses, check out the information available at

10. Invest for a Healthy Future
Access to a leading wealth management platform
Interest bearing / FDIC insured
Strong Investment Options
Selection of 16 no load mutual funds
$1,000 minimum to invest
Automatic allocations
Single sign-on with WageWorks
Makes managing your account easy
It's your money, so you decide how to grow it.
Keep it in your HSA account and gain interest, or invest it in mutual funds, or a combination of the two. Funds can be deposited in an HSA custodian bank account, which accrues interest. When you reach a designated amount, additional investment opportunities are available to maximize your tax-free earnings and create a nest egg for future use. You only need $1000 to start investing.
The money in your WageWorks HSA is yours to keep even if you change jobs, switch healthcare plans, or even retire. You continue to grow your account over time. Unused funds are rolled over from year to year.

11. Why Enroll? Ability to create a health nest egg Save on taxes
Wide range of covered expenses
Easy access
Flexible options
No matter who you are, whether you’re just starting out, or taking care of a family, you can find a great reason to enroll in your FSA.
Everyone loves the tax savings that comes with an HSA. Who doesn’t like to save money?
You’ll save on many services and products — things you pay for anyway.
Between the WageWorks Card, direct online payments, and rapid reimbursement, it’s never been easier to save.
It’s your money. Your HSA lets you save and spend it the way you choose.
With all this going for it, there’s really no reason NOT to enroll in your HSA.
Make sure to sign up during benefits open enrollment!

12. How You Get It Enroll online or by phone:
Follow [Employer Name’s] instructions
Visit [Insert employer’s benefits url]
Or call [Insert employer enrollment phone #]
Enrollment is easy. Just follow the instructions in your open enrollment materials. [Employer-specific instructions here].
But make sure you enroll in time! Typically you can only sign up during your regular, annual benefits open enrollment period. You may be able to change your election if you experience a “qualifying event” during the year such as getting married, having a child, or changing your work status. Please see the open enrollment materials for details.

13. © 2014 WageWorks Inc. All rights reserved.