Healthequity, Inc. · NASDAQ:HQY
Healthequity — Investor Presentation (2013)
15 slides from Healthequity's investor presentation, 2013
Slide 1: Tips to maximize your HSA savings
Tips to maximize your HSA savings Copyright © 2013 HealthEquity, Inc. All rights reserved. HealthEquity and the HealthEquity logo are registered trademarks and service marks of HealthEquity, Inc. Confidential and proprietary. Reproduction without express written consent is prohibited.
Slide 2: HSA educational series
HSA educational series Three-part webinar series: 1. Health savings account basics 2. Tips to maximize your HSA savings 3. HealthEquity member portal overview www.healthequity.com/webinars 2
Slide 3: Maximize your HSA opportunity
Maximize your HSA opportunity The HSA win: • Save now - Spend smart - Review your benefits - Maximize your HSA contributions • Save for the future - Cover the Medicare gap - Investment opportunity - Bank future benefits 3
Slide 4: Spend smart: the right provider
Spend smart: the right provider Costs for a specific procedure can vary by provider, even under the same health plan. Things to remember: • Transparency tools • Major procedures • Procedure codes for price quotes 4
Slide 5: Spend smart: generic drugs
Spend smart: generic drugs Generic drugs cost 30-80% less than their brand equivalent. Brand Name Drug Brand Cost Generic Alternative Cost Lipitor* 10mg (30) $123 $84 Adderall Xr* 20 mg (30) $212 $29 Nasonex* 50 mcg (spray) $130 $53 Boniva* 150mg (1 Tab, 30) $140 $9 Visit lowestmed.com to compare pr
Slide 6: Spend smart: care facilities
Spend smart: care facilities A visit to the ER can cost you 300% - 700% more than a visit to an urgent care facility for the same issue. Reason for Visit ER Visit Urgent Care Visit Flu symptoms $395 $50 Sore throat $440 $100 Laceration repair $700 $150 Sprain $385 $65 Abdominal pain $1,110 $35 Heada
Slide 7: Review your benefits
Review your benefits Billing errors can cost you money, regardless of who made the mistake. Tips: • Compare provider statements to your explanation of benefits (EOB) from your health plan. • Immediately contact your health plan to address any discrepancies. 7
Slide 8: Maximize your HSA contributions
Maximize your HSA contributions 2014 max contributions allowed by IRS: • Single-coverage: $3,300 • Family-coverage: $6,550 • Catch-up contribution, age 55+: $1,000 How to fund your HSA: • Make pretax contributions through payroll deduction, online, or directly to HealthEquity • Fully fund your HSA o
Slide 9: Cover the Medicare gap
Cover the Medicare gap Consider: • Average retiree will need $220,000 to cover out-of-pocket health expenses not covered by Medicare*. • Social Security payments alone will not cover health expenses in retirement. • Average out-of-pocket medical expenses on Medicare: – 65–74 spend $2,920/yr – 75–84
Slide 10: Cover the Medicare gap
Cover the Medicare gap Medical expenses not covered by Medicare, can always be paid from your HSA. Your HSA can always pay for: • Dental • Eyewear • Hearing aids 10
Slide 11: Invest your HSA
Invest your HSA HealthEquity offers best-in-class investments options. • Access the easy-to-use investment platform within your HealthEquity member portal. • Use your banked benefits and other savings to grow your money even faster. 11
Slide 12: HSAs win vs. IRA or 401k
HSAs win vs. IRA or 401k By contributing the maximum amount to your HSA, you are taking advantage of the MOST effective tax savings available to you. • IRA/401k savings (Roth or 2000 HSA traditional) are taxed at some point. 1500 401k or IRA • HSAs are not taxed at any 1000 point in the savings or s
Slide 13: Bank future benefits
Bank future benefits There is no time limit to reimburse expenses from your account. • Paying out-of-pocket allows you to keep money in your HSA and earn interest until you really need it. • Upload your receipts to your personal portal for safekeeping. • Banking benefits leaves more for you to inves
Slide 14: New HealthEquity mobile app
New HealthEquity mobile app Convenient, powerful tools: • On-the-go access for all account types • Take a photo of documentation with phone and link to claims and payments • Send payments and reimbursements from HSA • Manage debit card transactions • View claims status Available for iOS and Android
Slide 15: Expert friends
Expert friends Always available Our member services are taking calls 24 hours a day, every day of the year Every step along the way We are here to answer any questions you have and help you maximize your savings Call today Let us conduct a personal assessment of your plan options 866.346.5800 www.He