Selling a Mellon HSA
Process for BlueEdge Individual HSA Prospects
BlueEdge Plan & Mellon HSA Presented Together by Producer |
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1. Producer has option to present Mellon HSA product at time of BlueEdge Individual HSA application (if so, include Mellon brochure  and Request for HSA form in sales pack) |
2. Prospect completes and returns Request for HSA form along with health plan application |
BlueEdge Plan is Activated |
3. Once policy is activated, BCBSIL sends Mellon a file of HSA enrollment information (name, address, SSN#) |
Mellon HSA Welcome Kit Mailed |
4. Mellon verifies the identity of the individual, assigns HSA account number and sends the new HSA customer a welcome kit including a letter, signature card, beneficiary form, deposit ticket and disclosure statement. The member provides additional identification and enrollment information and signs the signature card. |
Mellon Account Established |
5. The member mails the completed signature card to Mellon in a postage paid envelope that is provided |
6. Mellon opens the HSA, posts check, if applicable, and sends a debit card and check book (with deposit tickets) to the member |
Note: Mellon requires enrollment file from BCBSIL in order to establish an HSA.
For more information on our BlueEdge Individual HSA product, take a look at the notes from our recent HSA briefing.
