Page History
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This page contains information about Health Saver plans in general. For specific options and rates, see Medical Insurance Coverage and Rates. |
2016 Webinar
Click here to see Dave Meldrum Green's HSA Enrollment Slide Presentation
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How to Enroll in an HSA
- Fill out a new cafeteria plan enrollment form. *You need to fill out a new caferia enrollment form each year.
- Register on Highmark's website, www.highmarkbcbs.com, once you have received an email from Reliant confirming that you have been enrolled.
- Instructions to set up HSA are on www.highmarkbcbs-hsa.com.
- Set up HSA on www.highmarkbcbs.com.
- Once you have requested for the HSA to be activated, send hr@reliant.org a screenshot of your request for HSA activation.
- You will receive a debit card to use for your HSA after about two weeks.
, Reliant's director of organizational affairs..
Differences of
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Health-Saver (HS) plans
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Because they are designed to be paired with a personal HSA, the Health Saver Plans do not have co-pays for doctor visits and prescriptions drugs. Participants Participants pay 100 percent of medical and prescription drug claims until they've reached the plan's deductible; then the plan pays at the coinsurance level.
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The GuideStone HS Plan (HSA) offerings are growing more popular because they allow you to fund your medical expenses from your own personal tax-free Health Savings Account. Since introducing the HS 3000 plan in 2013, we have seen a steady migration of missionaries into this Planplan. HSA-compatible plans typically cost 20 percent less than a low-deductible PPO plan. Many of the ministries we connect with, like Pioneers and Wycliffe, are coming to the same conclusions and making similar HSA transitions.
HSA plans will also have an employer HSA contribution in addition to the premium. See
How to Enroll in an HSA
- Fill out a new cafeteria plan enrollment form. You need to fill out a new cafeteria enrollment form each year.
- Register on Highmark's website, www.highmarkbcbs.com, once you have received an email from Reliant confirming that you have been enrolled.
- Set up HSA on www.highmarkbcbs.com. Instructions to set up HSA are at www.highmarkbcbs-hsa.com.
- Once you have requested for the HSA to be activated, send hr@reliant.org a screenshot of your request for HSA activation.
- You will receive a debit card to use for your HSA after about two weeks.
Frequently Asked Questions
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| The best resource for HSA questions |
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| is www.highmarkbcbs-hsa.com or Guidestone HSA FAQs. |
Are the in-network doctors and facilities the same for all the plans- both the HSA and the HC plans?
Yes YES.
Is
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preventative care defined the same way in all the different plan options?
Yes YES.
Can you roll over the savings in your HSA year after year?
Yes YES.
What if your doctor bill is higher than the amount in your HSA?
You can either pay out-of-pocket and reimburse yourself later with the HSA, or you can ask to be put on a payment plan with your doctor using your HSA for the payment YOU CAN EITHER PAY OUT OF POCKET AND REIMBURSE YOURSELF LATER WITH THE HSA. OR, YOU CAN ASK TO BE PUT ON A PAYMENT PLAN WITH YOUR DOCTOR USING YOUR HSA FOR THE PAYMENT.
Can you deposit money into your HSA outside of payroll deductions?
Yes YES.
What Reliant Staff Are Saying About the HSA Plan...
“Honestly the Health Saver 3000 HSA did take a little getting used to, but my wife and I have been very happy with it so far. We chose to invest enough that we expect to probably carry an excess balance over from one year to the next. At this point it looks like that will happen. One thing this means is that our family budget for health care next year will actually be reduced since we will already be carrying over some funds in the HSA from this year.” – Steve
“The HSA payment card is super easy to use. Just like a debit card! Also, since we don’t have significant health care needs at this point, we like the ability to save up for the future with lower premiums. We also like the freedom to spend our money saved on out-of-network expenses.” – David
“As a family that has ALWAYS met our out-of-pocket max each year, this year we’ve paid out from our own pockets LESS than every year before and done it with pre-tax dollars!” – Heather
“I like that it did make us think through what medical decisions we were making. I also like that it would allow us to save up for orthodontic work tax-free. I just wish that I had the HSA option back in my 20’s20s, and had put aside the savings from a traditional PPO into my HSA account. It would have really been worth having that HSA account balance in my 30’s30s!” – Luke
Resources
- Presentation by Dave Meldrum-Green
- Employer HSA Contributions
- Cafeteria Plan Enrollment Form
- Medical Insurance Coverage and Rates
- Highmark website
- Highmark HSA website
- GuideStone HSA FAQs
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