Ask.drexel.edu

What is a health savings account (HSA)

WebA Health Savings Account (HSA) is an individually owned, tax-advantaged account that may be used to pay for qualified medical expenses or saved for retirement …

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URL: https://ask.drexel.edu/app/answers/detail/a_id/3081/~/what-is-a-health-savings-account-%28hsa%29%3F

What are the benefits of a health savings account (HSA)

WebOne of the biggest benefits to both employers and individuals is the tax savings. An HSA is tax-advantaged in three ways, known as the triple tax advantage.

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What is a healthcare flexible spending account

WebA healthcare flexible spending account permits employees to set aside money on a pre-tax basis to pay for qualified uninsured health-related expenses. By …

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Can I designate a beneficiary for my HSA account

WebYes, assigning a beneficiary designation to your HSA account ensures that your assets are appropriately assigned upon your death. You can access a beneficiary …

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What are the health insurance plan premiums each pay period

WebHealth & Wellness Benefits.In addition to Medical/prescription, Dental, and Vision premiums you may also review the rates for Short-term disability, Voluntary Life, …

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How can I use the funds in my health savings account (HSA)

WebFunds in an HSA may be withdrawn, without tax penalty, to pay qualified medical expenses for you, your spouse, or your dependent(s). Dependents are not …

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Can I add my domestic partner to my health insurance coverage

WebDrexel University provides health benefit coverage for domestic partners (same or different gender). You are required to complete the Affidavit of Domestic …

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What are the 90 -day prescription copay costs for the High …

WebCovered members must reach the combined medical and prescription plan deductible before copays apply. Once the deductible is met the 90-day prescription …

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How do I enroll / elect my health benefits, medical, dental, vision

WebHow do I enroll / elect my health benefits, medical, dental, vision, life, personal accident, short term disability, legal plan.

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What is a Qualified Life Event (QLE)

WebA Qualified Life Event is a change in your family or employment status that may allow you to make certain benefit changes. If you experience a Qualified Life Event …

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When do my health benefits end if I terminate employment

WebYour benefits will end on the last day of the month you are employed. Once your benefits end, you will receive information on COBRA directly from the Benefits …

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How do I waive my medical insurance coverage

WebHow do I waive my medical insurance coverage? Log into DrexelOne then click on the employee tab, scroll down to "My Benefits" on the left-hand side of the page …

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What is the difference between Basic life insurance and personal

WebPublished Answers. How much Basic Life Insurance and Accidental Death & Dismemberment (AD&D) Insurance is provided by Drexel University? How do I enroll / …

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Who administers our Employee Assistance Program (EAP)

WebOur Employee Assistance Program is administered by Health Advocate. They can be reached at 1-866-799-2728.

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What is the imputed income for same-sex domestic partner …

WebThe amount of your imputed income depends on the plan (s) you choose and the level of your coverage. Imputed income is taxable. It increases your taxable gross …

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Where can I find the medical waiver form

WebThe medical waiver form can be found in the forms section of the Human Resources website, under the Subsidized Benefits heading, and in the Benefits Service …

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How can I request a transcript

WebCurrent Students. All current students can use DrexelOne to request their Official Transcript. Log into DrexelOne. Select the "Academics" tab. Select "Order an …

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