Triple Tax Savings - on contributions, on earnings and on distribution.

A Health Savings Account (HSA) is an IRS-approved plan that allows employees covered under a high deductible health plan (HDHP) to set aside money on qualified medical expenses. FBMC’s PremierHSA is an individually owned account established in a financial institution custodial bank. There are no taxes on contributions, earnings or qualified distributions. Employees elect to contribute to the plan based on their level of coverage with the underlying health plan. FBMC offers its PremierFSA – limited as an excellent companion for HSA accounts. Participants can access the funds via a debit card or by check.

• • Plan design options and recommendations Brokerage and consulting services Pre and post tax voluntary benefits Prepare, distribute and evaluate request for Proposals
    
    
• - Experienced Account Management
• • Experienced Account Manager is assigned
  • Toll-free access for employer's staff
  • Client report package
  
  
• - Enrollment and Fulfillment
• - Internet or Paper Enrollment
• • Internet or paper enrollment
  • On-site group meetings
  • Employee election information exchanged
  • Confirmation packages sent to participants
  
  
• - Award winning Benefit Enrollment Materials
• • Award winning electronic or printed enrollment and communication material
  • Standard or customized materials
  • Enrollment booklets, flyers, newsletters
  • Employer schedules and announcements
  
  
• - Deduction Management
• • Payroll contributions via ACH, wire, check
  • Reconciliation of contributions and posting to customer accounts
  • Discrepancy reporting, full reconciliation and posting contributions
  
  
• - Excellent Customer Service
• • Toll-free bilingual Representatives M–F, 7am to 10pm ET
  • Open Enrollment, New Hire, Change in Status support
  • 24/7 secure internet and IVR Self-service access
  • Account Information, Forms, Instructions, FAQs
  
  
• - Implementation strategy recommendations
• - IRS-compliant Administration
• • Standard or customized plan documents
  • Regulatory updates
  • HIPAA Certificates
  • Discrimination testing