©2007 Regence BlueCross BlueShield of Utah Regence HSA Healthplan A new kind of health care coverage [Enter Your Own Information Here] [Enter Your Clients

©2007 Regence BlueCross BlueShield of Utah

Regence HSA Healthplan

A new kind of health care coverage

[Enter Your Own Information Here]

[Enter Your Client’s Information Here]

2©2007 Regence BlueCross BlueShield of Utah


What is an HSA? How does it work?

The Power of HSA

The Power of Regence

Banking Partners HSA Bank Wells Fargo


What is an HSA?How does it

work?


Health Savings Account: How it Works

Enroll in an HSA-qualified HSA-qualified health planhealth plan

Open a Health Health Savings Savings AccountAccount

The health The health plan and HSA plan and HSA work togetherwork together

coverage under the health plan kicks in once the deductible is satisfied

the account belongs to the employee

contributions are tax-deductible

start paying for qualified medical expenses from the HSA right away

save and invest for future health care expenses or retirement


More About the Health Plan

Employees must be covered by an HSA-qualified health plan in order to open and contribute to a Health Savings Account

Premiums are generally more affordable than traditional health plans

You control your overall health care costs by determining how much to fund employees’ health savings accounts

IRS Rules for IRS Rules for HSA-Qualified Health PlansHSA-Qualified Health Plans

Minimum deductible amounts

Maximum out-of-pocket limits

All medical and prescription benefits, except for preventive care, must be subject to the deductible


HSA Contributions Pre-tax contributions can be made by both employees and employers Annual contribution maximums are determined by the IRS

Account Ownership & Use The employee owns the funds permanently, they roll-over each year

and follow the employee wherever he/she goes HSA funds can be invested for future medical expenses or retirement HSA funds can be used tax-free for qualified medical expenses

More about the HSA

HSA-Qualified Medical ExpensesHSA-Qualified Medical Expenses

Deductible Coinsurance

Alternative care Dental care Vision care

Out-of-pocket expenses for services covered by the health plan:

Lasik eye surgery OTC medications And much more!

Out-of-pocket expenses for services beyond the health plan, such as:


Additional IRS Guidelines

Eligibility Employees must meet the

following IRS guidelines in order to open and contribute to an HSA

Must be enrolled in an HSA-qualified health plan

Must not have coverage under another health plan, such as a spouse’s plan

Cannot be enrolled in Medicare

Cannot be claimed as a dependent on someone else’s tax return

Comparability & Nondiscrimination

Comparability, which requires that employers provide comparable contributions (same dollar amount or same % of deductible) to employees in the same class, applies only to employer groups which do not have a section 125 (cafeteria) plan.

Nondiscrimination, which prohibits employers from favoring highly compensated and/or key employees, applies only to employer groups which have a section 125 (cafeteria) plan.


The Power of HSA


HSA: A Different Kind of Health Plan

ContributionControl

You choose how much to contribute, giving you more control over your annual health care costs

Your HSA contributions become a growing asset for your employees, as they roll over each year and offer a tax-free investment vehicle

Employees have a choice whether to spend their HSA funds on qualified medical expenses today, or save for future medical expenses or retirement

Employees have ultimate ownership over their health care dollars Employees own the funds Employees own the decisions

PlanPersonalizatio

n

Roll Over

OWNERSHIP


Tax Advantages

HSA is the only HSA is the only investment opportunity investment opportunity that offers this unique that offers this unique

triple tax savingstriple tax savings

Employee Employee HSA contributions

are tax-deductible for the employee

Interest and investment gains are not taxable

HSA distributions for qualified medical expenses are tax-free

Employer Employer HSA contributions

are tax-deductible for the employer

Employee contributions made under a section 125 cafeteria plan do not count as wages and therefore result in lower payroll taxes


The Power of Regence


Regence’s Full Service Solution

Robust Robust Benefit Benefit

PackagePackage

Employee Employee NavigationaNavigationa

l Toolsl Tools

AdministrativeAdministrativeSupportSupport

Unlimited, upfront preventive care and built-in wellness programs

Coverage against the unexpected

Support at each step of the way

Multiple lifelines for personalized

support

Guided tours from the basics

to plan customization

and total ownership


Robust Benefit Package

Unlimited preventive care coverage before the deductible gives your employees access to the care they are most likely to use

Built-in wellness programs help your employees lead healthier lives, including:

24-hour access to CareEnhance® Nurseline Regence Health Coach for 1:1 support Special Beginnings maternity program

WellnessWellness

PreventivePreventive

Financial Financial ProtectionProtection

Catastrophic coverage protects your employees against the unexpected


Benefit SnapshotBenefit OptionsBenefit Options

Provider NetworksProvider Networks

Lifetime MaximumLifetime Maximum

Deductible OptionsDeductible Options

OOP MaximumOOP Maximum

CoinsuranceCoinsurance

Office VisitsOffice Visits

Preventive CarePreventive Care

PrescriptionsPrescriptions

In-NetworkIn-NetworkTraditionalValueCare

$2 million

$1,500 single / $3,000 family$2,500 single / $5,000 family*$3,500 single / $7,000 family*$5,000 single / $10,000 family

*$3,000 embedded single deductible option available

80%

Deductible & coinsurance

Deductible waivedNo annual limits

80% coinsurance

80% (Subject to deductible)

Out-of-NetworkOut-of-Network

Non-Contracting

60%

Deductible & coinsurance

Deductible waivedNo annual limits

60% coinsurance

$3,000 single / $6,000 family$5,000 single / $10,000 family$7,000 single / $14,000 family

$10,000 single / $20,000 family

$5,000 single / $10,000 family $10,000 single / $20,000 family


Your GuideYour Guide

to HSAto HSA

Welcome.

Employee Navigational Tools

Scenario-based Scenario-based education tool & education tool & calculator for plan calculator for plan selection during selection during open enrollmentopen enrollment

HSA Flash Tutorial HSA-trained customer HSA-trained customer

service advocatesservice advocates 24-hour nurseline24-hour nurseline Personal health Personal health

coachescoaches

Member Welcome Kit Guided tour Guided tour

takes employees takes employees through the set-through the set-up process and up process and HSA resourcesHSA resources

A community of A community of Regence membersRegence members

Ask-the-HSA ExpertAsk-the-HSA Expert Podcasts, webinars Podcasts, webinars

and helpful articlesand helpful articles

Personalized 1:1 Support

myRegence.com


Administrative Support

Enrollment

Get Up & Running Fully supportive

compliance testing

Employee set-up instruction & support

Welcome kit

Education

Inform Employees Educational

materials Interactive

decision-making tools & resources

Supporting communication

Ongoing Support

The Day-to-Day Personalized

employee support, navigation & online tools

Regence provides full support at each step of the way to meet the needs of you and your employees


Banking Solution:HSA Bank


HSA Bank

Banking Experience A national leader in health

savings accounts with a high level of experience

Provides both online and paper enrollment

Website allows members to check account balance and transfer funds; integrates with MS Money or Quicken

Debit card, checks, and manual reimbursement available

Investment Options Employees can transfer

funds easily between their health savings account and the brokerage

Access to stocks, bonds, and over 11,000 mutual funds

Employees can make trades online, over the phone, or through a broker


HSA Bank Rate Chart

Service Description

Rate orCharge

Monthly Fee$3.25 (waived if balance is over

$3,000)

Set-up Fee No charge

Debit Cards No charge

Investments See terms and conditions


Banking Solution:Wells Fargo


Wells Fargo Bank

Banking Experience Wells Fargo is one of the

largest financial services institutions in the nation

Paper enrollment only Website allows members to

view account balance and download forms

Funds are accessed through debit cards or manual reimbursement requests

Investment Options 6 different investment

options are available Options range from more

conservative money market funds to a 100% equity option


Wells Fargo Rate Chart

Service Description

Rate orCharge

Monthly Fee$3.75 (waived if balance is over

$2,500)

Set-up Fee No charge

Debit Cards No charge

Investments No charge



Regence offers a full-service HSA solution, with: A robust benefit package that combines comprehensive

preventive care and wellness programs with solid coverage

A full suite of member tools and personalized support to facilitate navigation at every step of the way

Full support to employers through open enrollment and beyond

One-stop service for both health plan and financial services

Documents

©2007 Regence BlueCross BlueShield of Utah Regence HSA Healthplan A new kind of health care coverage [Enter Your Own Information Here] [Enter Your Clients