HSA Medical Plan

The Health Savings Account (“HSA”) Plan combines a high-deductible medical benefit administered by Aetna with a tax-advantaged Fidelity savings account. You may use your HSA to pay for out-of-pocket medical expenses or you can save these dollars as part of a long-term strategy to pay your medical bills in retirement (for example).

The University makes monthly HSA contributions on your behalf and you may also make paycheck contributions to your account up to the annual IRS limit. Unlike a Flexible Spending Account, unused HSA dollars rollover each year and can be invested to build a nest egg for future health expenses.

Because HSAs have special tax benefits, they are also subject to certain restrictions. For example, you can sign up for the HSA Plan if you’re not enrolled in Medicare, can’t be claimed as a dependent on someone else’s tax return, and you aren’t already covered under a spouse’s medical plan (unless that plan is also a high deductible plan.)

HSA Plan Benefit

Below is a brief outline of benefits provided in 2018. Refer to the official benefits plan booklet for a comprehensive description of plan benefits. Under all circumstances, the plan booklet will take precedence over information contained on this website. The 2019 HSA plan booklet will be available by April 1, 2019.  Contact Aetna Concierge Services at (888) 901-4636 for questions of coverage.

 

  In-Network Out-of-Network
Deductible $2,000 for 'Employee Only' coverage/$4,000 when covering one or more family members $4,000 Employee Only/$8,000 with dependents
Annual Out of Pocket Max $4,000 for 'Employee Only' coverage/$8,000 when covering one or more family members (includes deductible) Unlimited
Lifetime maximum benefit Unlimited
Office Visits 90% after deductible 50% after deductible
 Preventive Care
Immunizations 100% 50% after deductible
Routine physicals 100% 50% after deductible
Well-woman exams/screenings 100% 50% after deductible
Well-baby exams 100% 50% after deductible

List of Preventive Services

Other Services

  In-NetworkOut-of-Network
Emergency Room 90% after deductible 50% after deductible
Inpatient hospital services 90% after deductible 50% after deductible
Outpatient hospital services 90% after deductible 50% after deductible
Outpatient surgical center 90% after deductible 50% after deductible

Prescription drugs (retail/pharmacy)

 30-day supply
Generic 90% after deductible
Brand formulary 90% after deductible
Nonformulary 90% after deductible

Prescription drugs (mail order)

 90-day supply  
Generic 90% after deductible
Brand formulary 90% after deductible
Nonformulary 90% after deductible