This plan allows you to open a Health Savings Account (HSA). Even though you said you weren't interested in an HSA, you may want to consider the advantages of it since the CDHP allows you to open one. The HSA lets you use income tax free dollars to pay for qualified medical, prescription drug, dental and vision expenses. You own the HSA, and your HSA dollars are yours to keep. Balances carry over from year-to-year, to new jobs and even into retirement.

When you enroll in the CDHP, you'll need to elect to open the HSA. Once enrolled, UofL will provide money into your HSA to help with eligible expenses. The amount is $500 (employee only), $1,000 (employee plus spouse), or $2,000 (employee plus child(ren) or employee plus family).

You cannot use or receive HSA dollars to cover expenses for individuals who are not covered on your taxes (this includes qualifying adults). The HSA contribution may be reduced and can't be utilized for a qualifying adult. (If you have coverage for only you and a qualifying adult, the UofL contribution into your HSA will be $500).

Learn more about the HSA on the Medical Accounts webpage.

With the CDHP, you also have the ability to open a Limited Purpose Flexible Spending Account (LPFSA). This account is specifically for dental and vision expenses and is designed to pair with an HSA. Having two accounts allows you to maximize your tax savings by contributing tax funds to both accounts, up to the maximum limits.

Learn more about the HSA and LPFSA on the Medical Accounts webpage.

The ULH Plan provides coverage to you through an exclusive network of health care providers. It offers three tiers of coverage:
Tier 1 - UofL Health providers; lowest out-of-pocket costs
Tier 2 - Anthem in-network providers; higher out-of-pocket costs
Tier 3 - Out of network; coverage for emergency services only.
Learn more about the ULH Plan on the Medical Coverage webpage.

This plan allows you to open a Health Care Flexible Spending Account (FSA). The FSA gives you tax-advantaged money upfront for your health care needs. It's like an HSA, but with a big difference: If you don't spend your funds by the end of your plan year, you could lose your dollars. Also only you can contribute to the FSA (not UofL).

Learn more about the FSA on the Medical Accounts webpage.

The PPO Plan provides higher coverage to you if you see in-network providers, but also provides a lower level of coverage when you see out-of-network providers. This plan will begin to pay benefits once your annual deductible is met. When you need care, you pay a copay for services like doctor's office visits or coinsurance for services like inpatient hospital care. Learn more about the PPO Plan on the Medical Coverage webpage.

When you join the PPO Plan, you automatically receive a Health Reimbursement Account (HRA). The HRA is an amount of money that UofL provides to help you with your medical and prescription drug expenses. The HRA amount is $250 (employee only coverage), $500 (employee plus spouse or qualifying adult), or $750 (employee plus child(ren) or employee plus family). This amount is enough to cover your in-network deductible. UofL has full ownership of the HRA, so you are unable to contribute to the account and cannot access this account if you leave UofL. 

This plan allows you to open a Health Care Flexible Spending Account (FSA). The FSA gives you tax-advantaged money upfront for your health care needs. It's like an HSA, but with a big difference: If you don't spend your funds by the end of your plan year, you could lose your dollars. Also only you can contribute to the FSA (not UofL).

Learn more about the HRA and FSA on the Medical Accounts webpage.