Review your elections by selecting the Enrollment Preview Statement button under the ‘Enrollment Summary’ heading.Under the ‘Benefit Plans’ heading, select the Health Savings Account tile and make any desired changes.On the next screen click the gray Select button next to the event. Verify your personal information, and payroll direct deposit and tax withholding details, and make updates if needed.To progress through the OBC process, click the Next button in the upper right-hand corner of the screen.Click the green button to Start Optional Benefit Change.Select the Optional Benefit Changes tile.Log in to the Employee Center using your IU username/passphrase and Duo.You can change, suspend, or stop HSA contributions at any time during the year by submitting an HSA Enrollment / Change Form or by submitting an Optional Benefit Change online: * Special rules apply to the use of the IU Benefit Card when enrolled in both the HSA and the Healthcare Flexible Spending Account (FSA). Transfer funds directly from your HSA to a personal bank account (no fees apply).Send a payment to a provider directly from your account ( no fees for payments made to providers).Send yourself one-time or repeating checks to reimburse yourself for healthcare bills that you pay out of pocket (a $10 fee is charged for each check distribution sent to yourself).Log in to your account at iu. and select the Make an HSA Transaction button on the Welcome page. Write the card number on the provider’s bill and return to your provider.Pay immediately by swiping your card at your provider’s office.Use the IU Benefit Card at healthcare provider locations*. The IU Benefit Card is a debit-type Visa card that can be used to pay for your eligible expenses at the time of service at any healthcare provider, such as doctors’ offices, pharmacies, hospitals, labs, vision care providers, dental offices, chiropractor’s offices, etc.Once contributions are made to your account, you can access your funds in several different ways: HSA Top FAQsīelow are answers to the most frequently asked questions regarding the Health Savings Account. If you enroll in the HSA or make changes to your coverage on or after September 1 you will not receive IU’s contribution (or an adjustment to IU’s contribution) for that year. Access to those funds depends on when the HSA is established with Nyhart. new hires, life event changes), IU’s contribution is typically made by the second payroll cycle after your election is made however, the timing depends on when the election is made and on payroll deadlines. If you enroll in the HSA during Open Enrollment, IU’s contribution is made with your second paycheck in January. The amount depends on the plan and level of coverage you are enrolled in IU makes a lump sum contribution to your account each year you are enrolled. Life, Disability, and Accident Insurance.An HSA is a great way to plan for and reduce your healthcare costs. If you aren’t currently using an HSA, be sure to do some research before you enroll in your 2018 medical benefits. If you want to see a complete list or have other questions about HSA’s, visit the IRS’s website at. These lists are not comprehensive, and they are subject to change. Medicines and Drugs From Other Countries.Medical supplies (to treat a medical condition).Fertility treatment (employee, spouse, or dependent).Aspirin and other over-the-counter pain medication (with a prescription only).For a comprehensive list, contact your HSA provider, or check this link. This list provides examples of HSA-eligible expenses it is NOT comprehensive. This post will give you a handy guide to common medical expenses that are and are not eligible for reimbursement. We’re more than halfway through the year – do you know how much money is left in your Health Savings Account (HSA)? Now is a great time to make plans for how you’ll use your HSA in the second half of the year, also is time to get your hands on STD-Aware and start learning more about your health.
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