Laserfiche WebLink
Proving What’s Possible in Healthcare <br />This document contains important terms and conditions which are incorporated by reference into and becomes <br />part of the terms of your contract with us. ©2024, Healthcare Management Administrators, Inc. <br />Description Fee <br />HRA / FSA / DCFSA / LPFSA –Plan set up and annual <br />Plan maintenance fee applied per plan type and invoiced <br />annually through the HealthEquity employer portal. <br />$250 for groups with less than 1000 <br />benefit eligible employees (EEs) <br />$500 for groups with more than 1000 <br />benefit eligible employees (EEs) <br />Employer fees for atypical transactions Fee <br />Return Deposit $20 per transaction <br />Employer Contribution Refund Request $20 per transaction <br />Manual Contribution Processing <br />(no fee if instructions are submitted online or via electronic file)$20 per event <br />(Fees subject to change with appropriate advance notice) <br />HealthEquity Visa Card Up to 2 FREE <br />Additional/replacement cards are $10 per card <br />Electronic Statement FREE <br />Paper Statement <br />(avoided with Electronic Statements) $1.50 per monthly statement <br />Card Transaction FREE <br />Payment to Provider FREE <br />Electronic Payment to Self FREE <br />Paper Check to Self $2.00 per transaction <br />Investment Trades FREE <br />Investment Account creation <br />(but see other investment related fees below) <br />FREE -Note: A cash balance of at least $1,000 <br />is required to invest in mutual funds <br />Stop Payment Request $20.00 per request <br />Overdrawn account or Non-Sufficient Funds $20.00 per transaction <br />Distribution of Excess Contribution (initiated by member) $20.00 per request <br />Return Deposit $20.00 per transaction <br />Account Closing $25.00 one-time fee <br />Investments Related Fees <br />Investor Choice Funds instead of <br />standard HQY fund line up <br />0.0333% per month on dollars invested in <br />Investor Choice funds (0.40% per year) <br />Advisor GPS Service 0.05% per month on invested dollars (0.60% per year) <br />Advisor Auto Pilot 0.08% per month on invested dollars (0.96% per year) <br />HealthEquity Annual Fees for our contract.Fees invoiced by and paid directly to HealthEquity. <br />HealthEquity additional employer fee disclosures: <br />Member/Account Holder Fee disclosures: <br />HealthEquity Additional Fees* <br />* Please Note: <br />•Prices subject to change with appropriate advance notice <br />•Implementation requires 90 days notice for set up. <br />•Renewal requires new elections 30 days in advance. <br />•HealthEquity (HQY) must receive the eligibility <br />from us to initiate portal setup and welcome kit <br />creation.