HSA Basic Quiz

Name*

First Last

1) Who can contribute to an employee’s HSA?*

2) If an employee uses HSA funds for non-qualifying medical expenses, what percentage will be charged as an excise tax?*

3) Who is the owner of the HSA account??*

4) Are independent claims adjudication required for HSA?*

5) Can an employee have more than one HSA?*

6) Are HSAs subject to COBRA continuation?*

7) When is the effective date of the HSA? When do medical expenses qualify to be charged to the HSA?*

8) You can only use your HSA dollars if you are covered under a HDHP. If you are not covered under HDHP, you cannot use your HSA dollars.*

9) If an employee enrolls in Medicare Part A or B, can they use their HSA funds after they enroll?*

10) If an employee enrolls in Medicare Part A or B, can they contribute to an HSA?*