If you're coming up on the first anniversary of having your benefit plan with Olympia, you might be wondering how the renewal process works? If that's you, keep reading!
For the HSA Basic, Plus and Deluxe plans, renewal happens annually on the effective date of the plan. On the effective date every year, the credit card on file is automatically charged the renewal fee that is applicable to your plan. The credit card on file would be the one that was used for the initial signup one year ago.
If you need to change the credit card on file, you can do so by logging into your MyOlympia account, clicking on Manage and then clicking on Membership Renewal Details. It is important to update the credit card prior to the effective date to ensure that the correct card is used for the renewal.
To view when your plan will renew click on Manage and then Plan Details within your MyOlympia account. Prior to the renewal date, you will receive two email reminders of the upcoming renewal which will give you an opportunity to make any updates to the credit card on file. Please be sure to keep your email address as that is how to contact you regarding your plan! Once the plan has been renewed you will see a confirmation email and you are all set for another year.