UHC Choice Plus, Cigna Open Access Plus, or OOA Plan
Cisco establishes a Health Incentive Account, or HIA, for employees who enroll in these plans. Any incentive payments you earn through HealthConnections activities go into this account. Cisco owns the account, which means that if you leave Cisco, or if you change from a PPO plan to an HPSP or an HMO plan, you will lose the money in the account. Your HIA automatically is used to pay for your deductible, coinsurance, or prescription co-pays.
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Annual HIA Contributions
The amount that can be contributed every year to the HIA is based on the health incentives earned. Incentives are credited to the HIA on a tax-free basis.
Expenses that cannot be paid by the HIA include anything that has already been paid under the medical plan or any other source, such as the Health Care FSA. Any incentives you earn automatically will be used FIRST to pay your medical expenses. Keep that in mind when you're estimating your FSA amounts for 2012. Any expense that can be paid on a pre-tax basis or taken as a tax deduction is also not an eligible expense.
Because your HIA is tied to your medical plan, any medical expense that is not covered by the plan is not considered an eligible expense under the HIA. Examples include out-of-network expenses above the reasonable and customary (R&C) amounts paid by the plan or visits for chiropractic or acupuncture services beyond the calendar-year maximum, dental and vision expenses, etc. You may contribute to the Health Care FSA to pay for these expenses on a tax-free basis.
Click here to see how the HIA works with your medical plan.
Click here to see a VoD on Health Accounts and how the HIA differs from the HSA and FSAs.