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HSA Member Checklist

Overview

Even if you've had an HSA before, starting up a new account can feel overwhelming and confusing. Not to worry; we've covered everything you need to know, consider, and do.

Open Enrollment

When electing your benefits for the next year, make sure you have a firm understanding of how an HSA can help you. Visit our open enrollment guide for more information.

TO DO:

Make sure you qualify for an HSA

If your employer offered this HSA alongside a health plan, just make sure you're not also claimed as a tax dependent, covered by another health plan (like your spouse's), or on Medicare.

If you have individual health insurance (no employer assistance), you need to make sure your high-deductible health plan qualifies for an HSA. Review the requirements here.

Enroll in an HSA

If an HSA from Further is part of your employer's benefits offering, they'll tell you how to enroll. Most employers handle enrollment for you, once you elect your benefits.

If you are opening an individual HSA (no employer assistance), complete our online HSA Application.

If your employer offered this HSA alongside a health plan, just make sure you're not also claimed as a tax dependent, covered by another health plan (like your spouse's), or on Medicare.

 

Your Plan Year Starts

Offer specific details about how the account works with an HSA-qualified plan, which eligible expenses are covered, and how members can access their funds.

TO DO:

Distribute the HSA Essential Guide 

Share a product comparison chart

Use if you are offering multiple health spending account options

This document is editable so you can add or remove products to fit your communication needs and help employees understand the different accounts. 

 

Talk face-to-face

One-on-one discussions give your employees a chance to ask questions and better understand their options.

TO DO:

Schedule informational meetings

Share a presentation about HSAs

This simple presentation walks through HSA basics and includes hypothetical examples. 

HSA presentation

PDF version

Provide more information about Further HSA investment options

Highlight the benefits of investing to maximize retirement savings.

Investment Options presentation.

Review our fact sheet

Before meeting, prepare to answer basic questions you may run into.

Provide the HSA worksheet

During the meeting, distribute the worksheet. It shows employees how to estimate their potential costs and savings with an HSA. Using their own information, employees can use real-life situations to explore how an HSA might work for them.

 

Support employees during enrollment

Congratulations! Your employees understand the value in making the most of their health care dollars and have decided to enroll in an HSA. You can continue to play a key role by ensuring they have access to the resources they need to open and use their accounts hassle-free.

TO DO:

Share frequently used enrollment forms

HSA one-time IRA rollover request form: Authorizes a one-time rollover of funds from an employee’s IRA to an HSA.

HSA transfer request form: Authorizes transferring an employee’s current HSA into a Further HSA.

Provide employees direct access to their new online account 

Post or provide a link to Further’s mobile-enabled website at [www.hellofurther.com or partner SSO link]. The site works well for any screen size—whether it’s a desktop monitor, laptop, tablet, or mobile phone. 

Remind employees where to access educational resources

You can do this with a simple email with a link to information and forms.

HSA educational resources

Promote the customer support phone number

1-800-859-2144.

Use the Group Online Service Center

Monitor and manage your group’s Further benefits.

Group Online Service Center tipsheet

Have Questions?

As always, we’re here to help. If you can’t find the answers you’re looking for online, give us a call at 1-888-460-4013 8 a.m. to 5 p.m. Central Time, Monday through Friday. Or, you can contact your account manager.

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