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Consumer Directed
Health Accounts
(Flexible Spending Accounts)Enrollment and Change Form
Small Group
New Enrollment Status Change (includes: marriage, divorce, birth, adoption, death, change of employment
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How to fill out consumer directed health accounts
How to fill out consumer directed health accounts
01
Determine if you are eligible for a consumer directed health account
02
Choose between a Health Savings Account (HSA) or a Health Reimbursement Arrangement (HRA)
03
Enroll in a high deductible health plan if necessary
04
Decide how much money to contribute to your account each year
05
Keep track of your medical expenses and receipts for reimbursement
Who needs consumer directed health accounts?
01
Individuals who want more control over their healthcare expenses
02
Those who want to save for future medical expenses tax-free
03
People who prefer a high deductible health plan and lower monthly premiums
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What is consumer directed health accounts?
Consumer directed health accounts are tax-advantaged accounts that individuals can use to pay for medical expenses.
Who is required to file consumer directed health accounts?
Individuals who have a consumer directed health account are required to file it.
How to fill out consumer directed health accounts?
Consumer directed health accounts can be filled out by submitting the necessary documentation to the account provider.
What is the purpose of consumer directed health accounts?
The purpose of consumer directed health accounts is to help individuals save money on medical expenses by using pre-tax dollars.
What information must be reported on consumer directed health accounts?
Information such as contributions, withdrawals, and medical expenses must be reported on consumer directed health accounts.
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