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County Administrator's Report 13. 28.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	04/04/2019
Issue: HSA Bank Administrative Fee Payment Method Change
From:	Jaclyn Gubler
Department:	Human Resources
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Adoption of ACH-Clearing Account Payment for HSA Administration Fees - Eric Kleinert, Human Resources Department Director

That the Board take the following actions regarding HSA Bank payment methods for HSA (Health Savings Account) Administration Fees:

A. Approve the change of monthly HSA Bank administration fee payments from check to an ACH-clearing account; and

B. Authorize the Interim County Administrator to sign the letter to HSA Bank authorizing ACH-clearing account payment.

HSA Bank no longer accepts check payment. The County contributions and Employee contributions are all currently sent to HSA Bank via ACH-Clearing accounts.

BACKGROUND:

Previously HSA Bank allowed check payments for the administration fees but the Company as a whole is moving away from check payments and are only allowing ACH and ACH-clearing account methods for payment. Currently, the County contributions to HSA Bank and Employee contributions to HSA Bank are sent to HSA Bank via ACH-Clearing account.

BUDGETARY IMPACT:

N/A

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

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