HSA How Does an HSA Plan Work? The elections you make to an HSA are automatically taken from each paycheck throughout the year and deposited in your HSA. You can also contribute to your account anytime throughout the year via the online portal. When you have an eligible expense, HSA Bank offers convenient options to pay for current or future healthcare expenses, including your HSA debit card, online bill pay or manual check. To pay for a service, you must have available funds in your account. HSA Bank Member Resources: Check account balances Enter expenses into Expense Tracker View account activity Request additional debit cards Move money to your HSA Add an authorized signer Schedule an HSA distribution Add a beneficiary Visit www.hsabank.com or download the HSA Bank mobile app to get started! HSA Case Study Justin is a healthy 28-year old who contributes $200 each year to his HSA plan. Justin is enrolled in Employee Only coverage in the $5,000 HDHP, so dean McGee contributes $500 each year to his HSA. Here is a look at the first two years of Justin’s HSA plan. Year 1 Year 2 DMEI Employer Contribution $500 $500 Employee Contribution $200 $200 $700 + Year 1 Rollover of $430 = HSA Balance $700 $1,130 Office Visits: $240 Office Visits: $120 Total Expenses Prescription Drugs: $210 Prescription Drugs: $150 Preventive Care: $0 Total: $170 Total: $450 HSA Rollover to Year 2 $430 $680 Since Justin did not spend all of his HSA dollars in Year 1 or Year 2, he did Year-End Summary not have any additional expenses out-of-pocket and was able to rollover his available funds to the following year. For any questions, go to www.hsabank.com or call 800-357-6246. 13