Health care reform: What does it mean for REALTORS?

Transcription

1 Health care reform: What oes it mean for REALTORS? While all small businesses have foun it ifficult to fin afforable health insurance, REALTORS have been even more challenge. Typically, REALTORS are self-employe, inepenent contractors the smallest of small businesses. In most states, the self-employe are relegate to the state s iniviual insurance market, where applicants can be turne own for meical reasons an there are few limitations place on the premiums that companies can charge. As a result, toay, twenty-eight percent of the 1.2 million members of the National Association of REALTORS - more than one in four REALTORS - have no health insurance coverage. REALTORS have cite cost as the primary reason they have no health insurance. The Patient Protection an Afforable Care Act, signe by Presient Obama, has a number of provisions that affect REALTORS. But on t get confuse! Here s a guie to help you unerstan what health reform means for you, your family an your business. Inclue in this brochure is a general breakown of what the health reform legislation entails over the next several years, some options for full health insurance coverage an where you can get quotes, an information regaring supplemental health plans, incluing Health Savings Accounts. We hope this brochure will serve as a quick-access ocument to help you sort through the abunance of information available! Quick Look Health care reform is being closely followe by NAR Government Affairs an to help keep you informe, NAR has upate the Health Reform page of Realtor.org with a summary of the law. Check often, an new information is poste as it becomes available. Compare coverage an save money on your health insurance through an easy-to-use, online tool for KCRAR members through Larry Davis Financial Associates, an affiliate member of KCRAR. You will be able to view a sie-by-sie comparison of ifferent plans an prices so you can easily compare benefits to etermine if your current coverage is the best plan for the money; search for proviers; an apply online. Go to (Pages 3-4) The National Association of REALTORS recently introuce the REALTORS Core Health Insurance (RCHI) program, which offers afforable, guarantee-acceptance, Limite Meical Inemnity Insurance plans to NAR members uner the age of 65. There are three plan options to choose from. Visit to apply. For information about REALTORS Dental Insurance, visit (Pages 4-6) If you make a profit as a real estate agent an your spouse/partner helps with the business, even part-time, you may qualify for a tax relief program calle BizPlan. BizPlan is a tax savings program that uses a Health Reimbursement Arrangement to allow real estate professionals to euct 100% of your family s meical expenses! On average, BizPlan customers save more than $2,300 each year. For more information, visit (Page 7) A Health Savings Account is an alternative to traitional health insurance; it is a savings prouct that offers a ifferent way for consumers to pay for their health care. HSAs enable you to pay for current health expenses an save for future qualifie meical an retiree health expenses on a tax-free basis. HumanaOne is one company that offers HSAs - fin out more information on whether the program is right for you by visiting (Page 8)

2 impact Summary of Select requirements Health Care Reform Bill Timeline (as revise by the House Reconciliation Bill)* State grants to establish or expan ombusman programs are aware New feeral rate review process is establishe National risk-pool is create Temporary retiree reinsurance program is establishe Small business tax creit is establishe Prohibits lifetime benefit limits Allows restricte annual limits for essential benefits (as etermine by HHS) Recissions are prohibite (except for frau or intentional Cost-sharing obligations for preventive services are prohibite Depenent coverage up to age 26 is manate Internal an external appeal processes must be establishe Noniscrimination base on salary is prohibite Internet portal to facilitate consumer an small employer shopping is create Coverage for emergency services at in-network costsharing level with no priorauthorization is manate Pre-existing conition exclusions for epenent chilren (uner 19 years of age) are prohibite New health plan isclosure an transparency requirements are create GRANDfATHERED PLANS GRANDfATHERED PLANS Prohibits lifetime benefit limits Recissions are prohibite (except for frau or intentional misrepresentation) misrepresentation) Depenent coverage up to age 26 is manate Pre-existing conition exclusions for epenents are prohibite Allows restricte annual limits for essential benefits (as etermine by HHS) exchange is establishe Guarantee issue is require Rating restrictions that, among other things, limits use of age as a rating factor are impose Iniviual an employer responsibility requirements are establishe Iniviual afforability tax creits are create an small business tax creits are expane Essential benefit plan is create Pre-existing conition exclusions are prohibite CO-OPs are establishe Lifetime an annual ollar limits are prohibite for essential benefits Pre-existing conition exclusions for epenents are prohibite Prohibits annual benefit limits Uniform coverage ocuments an stanar efinitions are evelope by HHS (in consultation with NAIC) 85% MLR for large group (with refun) is manate 80% MLR for iniviual an small group (with refun) is manate fee to fun Comparative Effectiveness is impose provier fee impose $4 billion provier fee increase $11.3 billion Coverage for approve clinical trials is manate Multi-state qualifie health plans are create an offere through the Exchange provier fee increase $11.3 billion provier fee increase $13.9 billion High-cost insurance excise tax is establishe provier fee increase $14.3 billion** OctOber Health plans evelop an file new rates States approve (or isapprove) HHS Secretary an states create new rate review process HHS Secretary establishes new national risk-pool HHS Secretary establishes temporary retiree reinsurance program Health plans create an file new policy forms Health plans evelop an file States approve (or isapprove) new policy forms States approve (or isapprove) HHS Secretary an states approve (or isapprove) premium rate increase requests HHS Secretary establishes new internet portal Health plans evelop an file new rates States approve (or isapprove) HHS Secretary an states approve (or isapprove) premium rate increase requests Health plans create an file new policy forms Health plans evelop an file new rates State approve (or isapprove) new policy forms State approve (or isapprove) HHS Secretary an states approve (or isapprove) premium rate increase requests States (an/or HHS Secretary) establish exchanges *Assumes April 1, 2010 enactment **In years following 2018, the tax amount woul increase in an amount proportionally equal to overall premium growth.

3 The Patient Protection an Afforable Care Act, a $940 billion piece of legislation, will change how we access health care an how we purchase health insurance. This bill, over 2,700 pages in length, will continue to be interprete an translate by feeral an state regulatory agencies. Here are the bare bones of what the bill oes an when: 2010 Subsiies begin for small businesses to provie coverage to employees. Insurance companies barre from enying coverage to chilren with pre-existing conitions. Chilren permitte to stay on parents insurance until their 26th birthay Set up long-term care program uner which people pay premiums into system for a least five years an become eligible for support payments if they nee assistance in aily living. Drug makers face annual fee of $2.5 billion (fee rises in subsequent years) There will be the creation of exchanges where people without employer coverage, as well as small businesses, can shop for health coverage. Insurance companies are barre from enying coverage to anyone with pre-existing illness. Requirement begins for most people to have health insurance. Subsiies begin for lower an mile-income people. People at 133% of feeral poverty level pay maximum of 3% of income for coverage. People at 400% of poverty level pay up to 9.5% of income. (Toay the poverty level is about $22K per year for a family of four.) Meicai expans to all Americans with income up to 133% of feeral poverty level. Page 3 Health Care Reform an Health Insurance Solutions from KCRAR affiliate member Larry Davis, Financial Services Subsiies for small businesses to provie coverage increase. Businesses with 10 or fewer employees an average annual wages of less than $25K receive tax creit of up to 50% of employer s contribution. Tax creits phase out for larger business. Employees with more than 50 employees that on t provie afforable coverage must pay a fine if employees receive tax creits to buy insurance. Fine is up to $3000 per employee, excluing first 30 employees. Insurance inustry must pay annual fee of $8 billion an this fee rises in subsequent years. New Meicare taxe on iniviuals earning more than $200K a year an couples filing jointly earning more than $250K per year. Tax on wages rises from 1.45% to 2.35%. New 3.8% tax on unearne income such as iviens an interest. Excise tax of 2.9% impose on sale of meical evices. Meicare pilot program begins to test bunle payments for care, in a bi to pay for quality rather than quantity of services Inepenent Meicare boar must begin to submit recommenations to curb Meicare spening, if costs are rising faster than inflation Penalty for those who on t carry coverage rises to 2.5% of taxable income or $695, whichever is greater Business with more than 100 employees can buy coverage on insurance exchanges, if state permits it. For a more etaile outline of the health care reform bill timeline, see the last page of this brochure. HEALTH INSURANCE SOLUTIONS: At KCRAR, we are always looking for ways to serve our members, an we are please to offer a program esigne to help members compare coverage an save money on their health insurance. This service is available to KCRAR members through Larry Davis of Financial Associates, an affiliate member of KCRAR. Financial Associates has create an easy-to-use, online tool for KCRAR members to obtain health plan comparisons an quotes from top insurance carriers. You will be able to view a sie-by-sie comparison of ifferent plans an prices so you can easily compare benefits to etermine if your current coverage is the best plan for the money. You can continue on page 4

4 REALTORS Core Health Insurance Exclusively for NAR members Accoring to NAR stuies, nearly 30% of NAR members lack health insurance an many more are significantly unerinsure. Ieally, everyone woul have major meical insurance, but many people simply o not qualify ue to pre-existing conitions or cannot affor the high cost of coverage. Are you one of the thousans of NAR members who have requeste a quote for Limite Meical Inemnity Insurance through NAR s new REALTORS Core Health Insurance (RCHI) Program? If not, maybe it s time to look into the options an see if any of RCHI s exclusively-esigne plans fit your health insurance nees. RCHI offers afforable, guarantee-acceptance, Limite Meical Inemnity Insurance plans to NAR members uner the age of 65. There are three plan options to choose from* an all are unerwritten by Unite States Fire Insurance Company, rate A (Excellent) by A.M. Best Company (2009 eition). *Subject to state availability (Currently available in Missouri, but not in Kansas.) WHO BENEFITS? NAR Members who can benefit from an RCHI plan inclue those who fall into one or more of the categories below: Do not have health insurance. Have applie for iniviual Major Meical health insurance an have been ecline or quote expensive insurance rates. Have a pre-existing conition that makes traitional insurance coverage expensive or ifficult to obtain, but that may be covere by RCHI.** Have health insurance with high euctibles or out-ofpocket expenses. Members who have Major Meical insurance shoul contact an RCHI representative to see if one of the RCHI plans coul supplement their existing coverage an ecrease overall out-of-pocket expenses. Highlights of REALTORS Core Health Insurance*** Simply put, RCHI provies coverage for your healthcare nees-helping to provie basic benefits at an afforable cost. Guarantee-acceptance No meical questions/exams require Low cost Plans start as low as $70.69 per month Freeom to choose any provier Benefits may inclue: octor office visits, wellness visits, emergency room benefits, surgery benefits, an more! For those coping with an urgent nee, next-ay coverage**** is available. **Coverage for Hospital Room & Boar, ICU/CCU, Surgery an relate Anesthesia uner the RCHI plan has a 12-month pre-existing conition clause. ***Subject to limitations an exclusions ****30-ay waiting perio for Sickness How Do I Receive A Quote? Page 4 RCHI has traine benefits specialists on staff who are reay to help you ecie if one of their valuable plans is right for you. Speak to a representative toay by calling or visit for more etails. continue from page 3 search for proviers an apply online: On Larry s website you can also fin information about reucing your tax bill if you are self-employe, marrie an paying taxes, an supplemental proucts like cancer, accient, term life an others to KCRAR members at group rates. What if you have pre-existing conitions an cannot purchase health insurance? Both Missouri an Kansas have establishe health insurance pools that offer major meical policies that are guarantee issue. The paperwork can be quite ifficult. Larry will be more than happy to assist you. Go to to fin the link to this search tool an for more information. If you have any questions, comments or concerns, please contact affiliate member Larry Davis at or lavis@finassoc.com.

5 Guarantee-Acceptance, Afforable Limite Meical Inemnity Insurance Plans an Rates Exclusively for NAR Members REALTOR Benefits A NEW member benefit offere through NAR s REALTOR Benefits Program Platinum Plan Benefits Insurance Pays: Value Plan Benefits Insurance Pays: Physician Plan Benefits Insurance Pays: Doctor Office Visits: 100% after $30 Copay Wellness Visits: 100% after $30 Copay (per person per policy year): 3 Visits Diagnostic Testing, X-Ray & Laboratory: $100 Hospital Benefits*: Daily Maximum (Semi-private room or ICU/CCU): $1000 Intensive Care Unit (ICU/CCU) per ay: $1000 Combine Maximum number of covere ays (per person per policy year): 60 ays a year Surgery Benefits*: Inpatient: $3,000 Outpatient: $2,000 Maximum number of surgeries (per person per policy year): 2 Surgeries Anesthesia: Inpatient/Outpatient (2 visits per person): 20% of Surgery Benefit Emergency Room: $125 (per person per policy year): 5 Visits Accient Meical Expense Benefit: $5,000 Deuctible: $100 euctible Maximum number of treatments (per person per policy year) 1 Visit Waiting Perio (ays) for Benefits: Accient Coverage: No waiting perio Sickness Coverage: 30 ays Physician/Hospital Preferre Average iscounts range Provier Option (PPO)** from 5% to 40%*** on Physician/Hospital services/specialty services Doctor Office Visits: 100% after $30 Copay Wellness Visits: 100% after $30 Copay (per person per policy year): 3 Visits Diagnostic Testing, X-Ray & Laboratory: $75 Hospital Benefits*: Daily Maximum (Semi-private room or ICU/CCU): $400 Intensive Care Unit (ICU/CCU) per ay: $500 Combine Maximum number of covere ays (per person per policy year): 60 ays a year Surgery Benefits*: Inpatient: $1,000 Outpatient: $500 Maximum number of surgeries (per person per policy year): 2 Surgeries Anesthesia: Inpatient/Outpatient (2 visits per person): 20% of Surgery Benefit Emergency Room: $125 (per person per policy year): 5 Visits Accient Meical Expense Benefit: $2,500 Deuctible: $100 euctible Maximum number of treatments (per person per policy year) 1 Visit Waiting Perio (ays) for Benefits: Accient Coverage: No waiting perio Sickness Coverage: 30 ays Physician/Hospital Preferre Average iscounts range Provier Option (PPO)** from 5% to 40%*** on Physician/Hospital services/specialty services Doctor Office Visits: 100% after $30 Copay Wellness Visits: 100% after $30 Copay (per person per policy year): 3 Visits Diagnostic Testing, X-Ray & Laboratory: $75 Emergency Room: $100 (per person per policy year): 5 Visits Accient Meical Expense Benefit: $1,000 Deuctible: $100 euctible Maximum number of treatments (per person per policy year) 1 Visit Waiting Perio (ays) for Benefits: Accient Coverage: No waiting perio Sickness Coverage: 30 ays Physician/Hospital Preferre Average iscounts range Provier Option (PPO)** from 5% to 40%*** on Physician/Hospital services/specialty services THIS IS LIMITED MEDICAL INDEMNITY COVERAGE. IT IS NOT MAJOR MEDICAL COVERAGE an is not intene to replace other meical coverage. *Pre-existing conition: applies only to Hospitalization (incluing First Day Amission, Semi-Private Hospital Room an Boar, an ICU/CCU), Surgery an Anesthesia. Plan availability, benefit offerings, an rates vary by state. See a complete list of limitations or exclusions at the web site: Call a benefit specialist toay at (877) CORE-PLAN or go online for more information. (877) Online quotes an enrollment at ** Preferre Provier Option (PPO) an Prescription Discount Car are not insurance benefits; but are iscounts offere as part of your RCHI plan. *** Base on national average of iscounts provie by PPO provier. All Three Plans Inclue a Prescription Discount Car Save Up to 50% on Your Prescriptions

6 NEW! From NAR s REALTOR Benefits Program: REALTORS DENTAL INSURANCE NAR is please to introuce REALTORS Dental Insurance, an afforable an guarantee-acceptance ental insurance program esigne exclusively for REALTORS! Here s the etails on this new an exciting member benefit available through the National Association of REALTORS : WHY: 85% of Americans report awareness that their oral health is very important to their overall health. The No. 1 reason people o not go to the entist is lack of ental insurance. Dental insurance is the secon most-requeste benefit to be offere by employers. REALTORS are in a profession where meeting face-to-face with customers an appearance is key to their confience an ultimately their success. WHAT: REALTORS Dental Insurance (RDI) ental insurance plans an rates exclusively esigne for NAR members. WHO IS ELIGIBLE: REALTORS Dental Insurance is available to active NAR members an Association staff. * Plans are available toay in Puerto Rico, the Virgin Islans an Guam an in every state except NH, where state law prohibits it, an NC, where the plan has been file by the carrier an is pening approval by the state s Department of Insurance. Members in these states can check with their State Department of Insurance irectly on the status of approval for these programs. Eligible epenants (spouse an/or chilren) may be ae to a member s plan. PROGRAM BENEFITS & HIGHLIGHTS: Over 300 covere proceures. Highlights inclue: Preventive Dental Benefits (no euctible): Routine exams, cleanings, fluorie treatments, sealants, an more Basic Dental Benefits: Full mouth X-rays, bitewings, amalgam restoration, simple an complex extractions, surgical removal of teeth, eep seation/general anesthesia, an more Major Dental Benefits: Onlays, maxillary partial enture - resin base, enture repair, enoontics - root canal, perioontal scaling an root planning, crown an crown repairs, pontics - porcelain fuse to noble metal, an more Bonus benefits are available with Platinum, Gol an Silver Plans. See plan for etails. Other REALTORS Dental Insurance Plan Highlights: Page 6 Plans an rates are exclusive to NAR an provie afforable an valuable "large group" ental benefits to iniviual members an their families nationwie. Freeom of Choice: You're free to visit any license entist. Large Nationwie Network (PPO) Option for ae savings: When you visit a participating Ameritas Dental PPO provier, you save money. Ameritas PPO proviers have agree to charge reuce fees to member clients. The network is comprise of more than 83,000 entist locations nationwie. Claims Convenience: You will receive an ID car to present to your entist at the time of service. The entist can submit bills to Ameritas, which will pay the entist irectly. You'll receive an Explanation of Benefits (EOB) statement, which will explain how benefits were covere. For your convenience, claims are available to view online at any time. Maximum Covere Expense (MCE): an easy-to-unerstan benefit at a very afforable rate. You know exactly what the plan pays for each covere proceure an pay the ifference between that amount an the entist's fee. You will receive aitional out-of-pocket savings when using an Ameritas PPO provier. To learn more, review plan options an obtain a free quote, visit or call an mention your NAR Membership (NRDS) I.D. #.

7 Page 7 TASC - BizPlan Tax relief for real estate professionals an their families! BizPlan is a tax savings program that uses a health reimbursement arrangement to allow real estate professionals like YOU to euct 100% of your family s meical expenses. Ask Yourself? 1. Are you making a profit as a real estate agent? 2. Does your spouse/partner help with the business, even if only on a part-time basis? If you answere yes to both questions, then you coul join nearly 50,000 small business owners alreay saving an average of $2,300 each year with BizPlan. What is BizPlan? BizPlan is a tax savings program that uses a health reimbursement arrangement to allow real estate professionals like you to euct 100% (in feeral, state, an self-employment taxes) of your family s meical expenses, incluing: All out-of-pocket meical, ental an vision care expenses, incluing over-the-counter; All family health insurance premiums, incluing ental an vision (post-tax); Qualifie long-term insurance premiums; Cancer insurance premiums; an Term life ($50,000 max.) an isability income insurance premiums (for employees only). BizPlan is not insurance an the program requires no purchase of aitional insurance or changing existing coverage. We simply work with you an/or your insurance agent or tax preparer to esign a plan that complies with all IRES Coes an Rulings an ensures that you receive the tax savings that you eserve. Does my business qualify? All businesses qualify, incluing sole proprietors, partnerships, an corporations. If you are an inepenent real estate agent, receive a 1099, an are able to hire your spouse/partner as an employee of your business, BizPlan can help you an your family save thousans of ollars each year! How BizPlan works: Mary is an inepenent real estate agent. Her husban Jim provies a valuable service to the business by keeping track of referrals, commissions pai, an expenses. Mary ecies to formally employ Jim an take avantage of the BizPlan tax savings. When establishing a compensation package for Jim, Mary evaluates his experience an the vital role he plays in the business. Mary agrees to compensate Jim $10,000 per year. She pays the compensation in the following way (see below): Reimbursement of: a. Family Health Insurance Premiums (fully euctible to the business, non-taxable to Jim) = $4,000 b. Family Out-of-Pocket Meical Expenses (Deuctible an non-taxable) = $3,000 W-2 Cash Wages = $3,000 $10,000 The $7,000 of reimburse meical costs may now be eucte at 100% as an employee benefit expense. Mary multiples the $7,000 by a 15% feeral tax, a 5% state tax an a 15.3% self-employment tax. The result: Jim s compensation in benefits an wages has resulte in a tax savings of $2,450 this year! Over twenty years experience! BizPlan has been proviing this service to small business owners like yourself for almost twenty years! On average, Biz- Plan customers save over $2,300 each year in real-ollar savings. Visit to sign up or for more info.

8 HumanaOne Health Savings Account (HSA) A Health Savings Account is an alternative to traitional health insurance; it is a savings prouct that offers a ifferent way for consumers to pay for their health care. HSAs enable you to pay for current health expenses an save for future qualifie meical an retiree health expenses on a tax-free basis.* HumanaOne is one company that offers HSAs - for more information about whether the program is right for you, visit Here s how it works: Make tax-free contributions: As long as you have an IRSqualifie High Deuctible Health Plan (HDHP) an are not covere uner any other non-qualifying health plans, you can make tax-free contributions into the HSA.* Pay for qualifie healthcare expenses: Your HSA funs can be use to pay for qualifie healthcare expenses. Invest the funs: You have the ability to invest the funs like you woul with an IRA or 401K. Most HSAs pay interest an offer investment options so you can watch your investments work for you. You can open an HSA with any of the following Humana- One plans: Autograph Total Plus Rx/HSA Autograph Total HSA Page 8 Control how you save, invest an use your healthcare ollars: HSA funs you spen count towar your health plan euctible: When you use your HSA for out-of-pocket costs specifie in your plan like octor s office visits an prescriptions these costs apply to your euctible. Reuce taxable income as your account grows tax-free. You on t pay taxes on the funs you put in your HSA an your investments can earn interest an capital gains without feeral an state income tax.* The funs always belong to you. Any funs you put into the HSA belong to you an you ecie how to invest the funs. You can save your HSA funs for future nees. Even if you on t use a lot of healthcare services now, your HSA funs will be there if you nee them in the future - even after retirement. If you never nee your HSA ollars, they go to your heirs. *Rules vary by state. Kansas an Missouri recognize the Health Savings Account as a pre-tax contribution or money earne in a Health Savings Account as non-taxable income. Check with your benefits aministrator or tax professional for more etails IRS Guielines on HSAs The Treasury Department an Internal Revenue Service issue guiance on the maximum contribution levels for Health Savings Accounts (HSAs) an out-of-pocket spening limits for High Deuctible Health Savings Plans (HDHPs) that must be use in conjunction with HSAs. These amounts have been inexe for cost-of-living ajustments for 2010 an are inclue in Revenue Proceure , which announces changes in several inexe amounts for purposes of the feeral income tax. The new levels are as follows: New Annual Contribution Levels for HSAs: For 2010, the maximum annual HSA contribution for an eligible iniviual with self-only coverage is $3,050. For family coverage, the maximum annual HSA contribution is $6,150. Catch up contribution for iniviual who are 55 or oler is $1,000 (set by statute an unchange for 2009). Iniviuals who are eligible iniviuals on the first ay of the last month of the taxable year (December for most taxpayers) are allowe the full annual contribution (plus catch up contribution, if 55 or oler by year en), regarless of the number of months the iniviual was an eligible iniviual in the year. For iniviuals who are no longer eligible iniviuals on that ate, both the HSA contribution an catch up contribution apply pro rata base on the number of months of the year a taxpayer is an eligible iniviual. New Amounts for Out-of-Pocket Spening on HSA-Compatible HDHPs: For 2010, the maximum annual out-of-pocket amounts for HDHP self-coverage increase to $5,950 an the maximum annual out-of-pocket for HDHP family coverage is twice that, $11,900. Minimum Deuctible Amounts for HSA-Compatible HDHPs: For 2010, the minimum euctible HDHPs increase to $1,200 for self-only coverage an $2,400 for family coverage. In aition, a fiscal year plan that satisfies the requirements for an HDHP on the first ay of the first month of its fiscal year may apply that euctible for the entire fiscal year.

9 HumanaAccess Visa Car (HSA) The HumanaAccess car is a key element of Humana s HSA aministere by UMB Bank. The ebit car gives you convenient access to healthcare funs. With a High Deuctible Health Plan, you can open a HSA, a personal fun in which you set asie money for qualifie healthcare expenses an grow your savings for future healthcare nees. You, your employer, or both can contribute taxfree money to a HSA. HSA Benefits Opportunity to buil savings. Unuse money stays in your account from year to year an earns tax-free interest. You can even invest HSA funs. Tax-free contributions an earnings. You on t pay feeral taxes on contributions or earnings as long as the money is use for qualifie healthcare expenses. Portability. Funs belong to you, so you keep the account if you change jobs or retire. Convenience. The HumanaAccess car makes it easy to pay for qualifie meical expenses. Simply swipe the car or write the car number on the bill an return the bill to the provier. Earn Even More! When HSA ollars are investe, they have the potential to earn higher earnings. You can choose from two investment options: Money market sweep account. Through UMB bank, HSA funs of more than the $1,000 minimum balance automatically are swept into a Fielity money market mutual fun aily. You can access funs if neee for healthcare. Self-irecte investment account. Through UMB Financial Services, you can choose from 188 mutual funs from seven nationally recognize fun families when you have a HSA balance of $1,000 plus the specifie minimum investment amount for the mutual fun. The fun families are: AIM, American, Feerate, Fielity, Franklin Templeton, Oppenheimer, an UMB Scout Funs. For more information, visit Page 9 The information inclue in this brochure is for informational purposes only. KCRAR is not an insurance agent an cannot attest to the specific cost an/ or quality of the various plans inclue in this brochure. More plans are available to you than inclue here, so be sure to investigate all options before making an eucate choice.