Human Resources

Your HSA funds can be used to pay for covered expenses incurred by you, your spouse, or your IRS-qualified tax dependents, even if they aren’t enrolled on your medical plan. Examples of eligible expenses include:

• Costs that apply toward your HDHP annual deductible and coinsurance (e.g. medical services, prescriptions, mental health services, etc).
• Qualified health expenses that your health plan might not cover, such as vision care (eyeglasses and contact lenses), dental and orthodontic services, and certain over-the-counter medications and supplies.

Detailed information about qualified expenses can be found in IRS Publication 502 or by contacting WEX.

Website: iu.nyhart.com (web address changing 5/1)
Mobile App: Nyhart IU Mobile for Apple or Android

Follow these instructions to log in to your web and/or mobile app accounts. (WEX login instructions available 5/1.)

Once contributions are made to your account, you can access your funds in several different ways:

• Use the IU Benefit Card at healthcare provider locations*. The IU Benefit Card is a debit-type Visa card that can be used to pay for your eligible expenses at the time of service at any healthcare provider, such as doctors’ offices, pharmacies, hospitals, labs, vision care providers, dental offices, chiropractor’s offices, etc.
• Pay immediately by swiping your card at your provider’s office
• Write the card number on the provider’s bill and return to your provider
• Make an HSA Distribution online. Log in to your account at iu.nyhart.com (web address will change 5/1) and select the File Claim/Reimburse Self button on the Welcome page.
• Send a payment to a provider directly from your account (no fees for payments made to providers)
• Transfer funds directly from your HSA to a personal bank account to reimburse yourself for health expenses that you have paid out of pocket (no fees apply).
• Send yourself one-time or repeating payments to reimburse yourself for health expenses that you have paid out of pocket. There are no fees for direct deposit distributions, however, a $10 fee is charged for each check distribution sent to yourself.

* Special rules apply to the use of the IU Benefit Card when enrolled in both the HSA and the Healthcare Flexible Spending Account (FSA).

You can change, suspend, or stop HSA contributions at any time during the year by submitting an HSA Enrollment / Change Form or by submitting an Optional Benefit Change online.

Yes. HSA cash account funds above a $1,000 balance can be invested. You can choose from a wide range of mutual funds - asset allocation, fixed income and equity mutual funds – all supporting a range of investment objectives and time horizons. You can review the HSA Investment Options and Fee Schedule, review investment prospectuses online at iu.nyhart.com (web address changing 5/1), or speak with an investment representative by contacting WEX at 800-284-8412.

Yes, however, when you are enrolled in both accounts, your FSA funds can only be used for dental and vision expenses until your HDHP deductible has been met for the year. Once the deductible is met, the funds in your FSA can then be used for medical and prescription expenses.

Also, when you are enrolled in both accounts, your IU Benefit Card will be a “stacked card.” This means that funds will automatically be drawn from your HSA when used at medical or pharmacy providers, and from your FSA when used at dental and vision providers. Once you have provided proof of meeting your annual HDHP deductible to WEX, the card will automatically begin pulling all health expenses from your FSA first, then from your HSA once your FSA funds are exhausted.

Enrolling in Medicare has a major impact on your ability to contribute to an HSA. It is important that you understand the consequences of Medicare enrollment. Review the Medicare & Health Savings Accounts web page for details.