You can open an HSA if you enrolled in a Silver medical coverage level. When it’s time for you to pay for care or prescription drugs, your HSA gives you options.
Filling Prescription Drugs At A Retail Pharmacy
Present your medical ID card each time you drop off a prescription. If payment is due, you pay out of pocket or you can pay with your HSA or FSA card.
Use Your HSA Debit Card
Use your HSA debit card when you're ready to pay for qualified medical expenses. The funds will be taken directly from your account.
Make sure you only use the card for eligible health care expenses, and that you have enough money in your HSA to cover it.
Log on to the ABC at asurion.benefitsnow.com to check your balance beforehand.
Pay Out of Pocket
If you prefer, you can pay for your eligible expenses up front and pay yourself back through your HSA later. To submit a claim for payment, log on to the Alight Smart-Choice Accounts website through the ABC at asurion.benefitsnow.com. You'll submit the receipt and have the money transferred from your HSA to your regular bank account. If you need help with this, contact Alight Smart-Choice Accounts at 844.968.6278.
Set Up Direct Payments
Another option is to have Alight Smart-Choice Accounts make direct payments to your provider from your HSA. Log on to the Alight Smart-Choice Accounts website through the ABC at asurion.benefitsnow.com to set up direct payments.
You can find a complete list of eligible expenses at https://www.irs.gov/publications/p502.
Don’t forget! If you use money from your HSA to pay for nonqualified healthcare expenses, you’ll pay taxes on that money. You’ll also pay an additional 20% penalty tax if you’re under age 65. This applies to expenses such as child care, cosmetic surgery, health club fees, teeth whitening products, and vitamins.
Keep Your Receipts!
Learn why in the HSA User's Guide (PDF).