EMPLOYER PROCESS

To enroll employees in a Home Federal Health Savings Account, employers only need to follow four easy steps.

1. Fill out the Employer Information Sheet.
2. Have each employee complete the HSA application.
3. Contributions: 1)Employer Info. Sheet. 2)Employer Deposit Distribution List. 3)One single check for entire group.
4. Mail employee applications with check and attachments.

Step 1: Fill out Employer Info. Sheet & Employer Distribution List.

Employer Information Sheet provides Home Federal the appropriate contact information for each particular employer group. Additionally it is used to quickly reference employer contributions for future inquiries.

Employer Distribution List provides you the convenience of sending one check for ALL employees by providing Home Federal the direction for allocating the funds. Additionally, providing you the employer an effective tracker for the contributions made to your employees.

Step 2: Have Each employee complete the (HSA) Application. Click Here.

Note: *There is no application for the Employer to Fill out.
Home Federal does not qualify HSA account holders. Consult a qualified insurance professional in regard to insurance questions. There are two simple parts to the process for establishing a Health Savings Account (HSA). You must have a Qualified High Deductible Health Plan (HDHP) before you can establish a HSA. The HDHP covers medical expenses after you meet the deductible and the HSA covers first-dollar day-to-day qualified medical expenses before the deductible is met. A HDHP is an insurance policy that meets certain dollar limits as shown in the table below. To determine if you qualify, simply contact your health plan administrator or representative. For 2009 the requirements for a HDHP are shown in the table below.

Step 3: Contributions: Send to Home Federal the following items.

• Employer Information Sheet
• Employer Deposit Distribution List
• Enclose One Check for All employees made payable to Home Federal.
• Employees can mail contributions or set-up Automatic Authorization

Step 4: Mail employee applications with your contribution check to:

Home Federal
Attention: Customer Services
P.O. Box 190
Nampa, ID 83653

Within three-four business days, your employees receive their Home Federal Health Savings Account Starter Kit in the mail. Employees will receive a small supply of HSA checks to use until their Home Federal HSA Visa® Check Card arrives.

Within seven-ten business days, your Home Federal HSA Visa® Check Card will arrive in the mail. To ensure employees security the PIN for their card will arrive a few days before or after their actual card arrives in a separate mailing.

Employees will receive monthly statements from Home Federal Bank. The statement itemizes deposits, withdrawals, and interest earned on their account. Employees use their VISA® Check Card at point of service (typically, doctor or pharmacist). Or pay medical expenses out of their regular checking account and reimburse themselves at the end of the month with their one free Health Savings Account (HSA) check.

***Remember to encourage employees to keep receipts for their tax records ***

Employers are encouraged to contact Jared Marshall, Health Savings Account Sales at 1-800-888-7283 ext. 5209 or email at jmarshall@myhomefed.com