Plans and Forms
Further - HSA
SelectAccount has a new name: They are now Further. But a new name doesn’t change who they are or what they do – empower people to make health spending and saving choices that fit their everyday life and financial goals. (More information and new brochures will be added below as soon as available).
Bringing it all together, making life easier for you. We go above and beyond. We go Further.
Greenbush Health is now offering a Qualified High Deductible Health Plan (BCBSKS - Option 4) along with the QHDP we are also offering a Health Savings Account (HSA) administered by Further.
Our QHDP has a $5000 dollar deductible which means you will be responsible for the first $5000 dollars of your health care expenses. However, since our QHDP is considered a Non-Grandfathered health plan all Preventative Services as defined by the Affordable Care Act will be paid by BCBSKS at 100% of the allowable charge.
An HSA is an account that can be funded with your tax-exempt dollars, or by your employer, or both, to help pay for IRS qualified medical expenses not covered by your insurance plan, including deductible, coinsurance and, in some cases, may be used to pay health insurance premiums. HSA monies can also be saved to use for future IRS qualified medical expenses on a tax-free basis.
Further is one of the largest health savings account (HSA) custodians and account administrators in the nation. They’ve been at the forefront of innovation in health spending accounts for 25 years, and have earned a reputation as one of the most experienced and trusted account administrators in the country.
Important Information About HSA's
***In order to print brochures and / or forms please download them first***
HSA participants can reach Further's Client Advocates Services team at 888-460-4015 or their Client Relations Team at 1-800-859-2144.
Further Employee / Participant Video:
Further does not send notifications or alerts when a member is approaching or exceeds the annual contribution maximum limits. Further recommends members review their account online via the member portal or the mobile app at least monthly to monitor their contributions.
2021 Contribution Limits
Single: $3,600 Family: $7,200
Over 55 catch-up: $1,000
2022 Contribution Limits
Single: $3,650 Family: $7,300
Over 55 catch-up: $1,000
The above Information is a brief summary of the coverage available under this program. It is not a legal document and the exact provisions of the benefits and exclusion are contained in the actual policy certificates.