What are the three ways you can search for an account holder in FS?
SSN, name, and account number.
100
What must you have in order to open and contribute to an HSA?
An HDHP (High Deductible Health Plan.)
100
This date is defined as the later of the effective date of your HP coverage or the date you provide evidence of intent to open the account (provide signature.)
Establishment date.
100
How often is CIP screening completed on an individual?
Once.
100
Whose responsibility is it to make sure an account does not go over the contribution maximum?
The accountholders.
200
In what KNOVA document can you find contribution maximums?
Knova doc 14814 "Common- Contributions(AH)" and 14941 "HSA- Eligibility"
200
Who sets the rules and requirements for HSAs that we have to follow?
IRS
200
What are the various ways an AH can open their account?
Patriot Act Screening seeks to verify what pieces of information?
SSN, name, DOB, and address.
200
What is the catch up contribution amount, and how old must an AH be in order to be eligible?
$1000, 55 or older.
300
In CCP What debit card order option would you use, if the AH did not receive his original card?
"Lost/Stolen Card"
300
What act allowed for the establishment of HSAs?
Medicare Act of 2003
300
Accounts opened by EWB provided a signature through what source?
Advantage/Advantage Direct/hosted website.
300
What happens to the balance of an account closed for failure to respond to CIP requests for additional information.
A check is distributed for the balance and mailed to the AH address on file.
300
What is the 2016 contribution maximum for a 35 year old AH with family coverage?
$6,750
400
What is the name of the secondary system for FreshStart?
Call Center Plus (CCP)
400
Account holders who have received this benefit within the last 3 months are ineligible to contribute to an HSA.
VA Benefits.
400
Other than providing account signature, what are two tasks that can be completed on the Master Signature Card?
Request a checkbook, and elect beneficiaries.
400
In order to correctly re-deposit a CIP distribution check, and AH must indicate what on the deposit slip?
"Return of Incorrect Distribution"
400
Tamara and Mark are married and enrolled in family HDHP coverage. If Mark is eligible for a catch-up contribution, what is their total contribution maximum for 2015?
$7,650
500
What are the 3 versions of the mybenefitwallet.com website that AHs may have?
1.0, 2.0 and 4.0
500
Name three examples of first dollar benefits that would disqualify someone from contributing to an HSA.
Medicare, Medicaid, General Purpose FSA, HRA, non HDHP coverage under a spouse's plan.
500
Once signature has been opened, when will the AH receive their debit card? (2 part answer.)
Within 7-10 BD of account opening, or two weeks prior to HP effective date.
500
What happens to the provided documentation once CIP screening has been completed?
It is destroyed by the bank (they are not kept on file.)
500
John, age 45, was enrolled in single HDHP for 6 months in 2015, then terminated coverage. What is his contribution maximum for 2015?