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Healthy Savings Plan

Insurance

The Healthy Savings Plan is available to all benefit-eligible faculty and staff, as well as non-Medicare-eligible retirees and dependents. As the University's IRS-qualified high-deductible health plan, you can enroll in a health savings account (HSA). For eligible faculty and staff, the University makes contributions to your HSA.

Health and wellness discountsDiscounts

Visit the health and wellness tools and discounts webpage to maximize your convenience and savings.

2018 Healthy Savings Plan  |  2017 Healthy Savings Plan


  2018 Healthy Savings Plan  

Premiums

Healthy Savings Plan- Monthly premiums for active employees, 2018*

Coverage level Employee cost
(tobacco-free discount**)
Employee cost
(no discount)
Self only $38 $88
Self and spouse $126 $176
Self and child(ren) $100 $150
Self, spouse, and child(ren) $198 $248

*Premiums for retirees vary according to a formula based on years of service and other factors. For an idea of what premiums would be for your particular circumstances, use the Retiree Insurance Premiums Estimator. Long term disability recipients should contact the HR Service Center regarding premiums.
**Earn a discount on UM System medical insurance premiums by certifying that you and family members covered by your insurance plan are tobacco free or in a cessation program. Learn more.


Deductible

The Healthy Savings Plan has one deductible that combines both medical and prescription drug costs.

Healthy Savings Plan- Annual deductibles, 2018

  In-network Out-of-network
Medical and Rx (combined) $1,500/self*; $3,000/family* $3,000/self*; $6,000/family*

*Considerations for “self” and “family” are different for the Healthy Savings Plan than for the Custom Network Plan and PPO Plan. Visit the glossary for details.


Out-of-pocket limit

The Healthy Savings Plan has one out-of-pocket limit that combines both medical and prescription drug costs.

Healthy Savings Plan- Annual out-of-pocket limits, 2018

  In-network Out-of-network
Medical and Rx (combined) $3,000/self*; $6,000/family* $6,000/self*; $12,000/family*

*Considerations for “self” and “family” are different for the Healthy Savings Plan than for the Custom Network Plan and PPO Plan. Visit the glossary for details.


Prescription drugs

Healthy Savings Plan-Prescription drug out-of-pocket cost, 2018

  In-network Out-of-network
Prescription drug: Retail (formulary generic, formulary brand, or non-formularly brand) 10% after deductible 30% after deductible
Prescription drug: Mail (formulary generic, formulary brand, or non-formularly brand) 10% after deductible 30% after deductible

 


Annual University contribution to Health Savings Account

The University will contribute funds to a Health Savings Account for eligible employees who enroll in the Healthy Savings Plan. Visit the understanding your HSA webpage to learn if you're eligible and/or the amount the University will contribute based on the elections you choose. In addition to University contributions, faculty and staff may choose to contribute tax-free money up to IRS limits.

Retirees do not receive University contributions toward an HSA, but you may set up an HSA account if you are not enrolled in another insurance plan, including Medicare. If you meet the eligibility requirements, you may contribute your own after-tax money to the HSA.


Network providers

You may choose to visit either in-network or out-of-network doctors and other providers. Your costs will be lower, however, when you select in-network providers. Provider directories may be accessed on the plan contacts webpage.


Preventive care

Many health plans include preventive care services, such as various screenings, vaccinations, and well-woman visits, at no out-of pocket cost. Learn more about UHC's preventive care guidelines (exit to UHC website).

2018 forms and guides

*In the event of a difference between this webpage and the plan document or summary plan description, the plan document and plan description prevail.



  2017 Healthy Savings Plan  

Premiums

Healthy Savings Plan- Monthly premiums for active employees, 2017*

  Employee cost UM cost  
Coverage level (tobacco-free discount**) (no discount) (tobacco-free discount**)  (no discount) Total
Self only $35 $85 $368 $318 $403
Self and spouse $120 $170 $686 $636 $806
Self and child(ren) $95 $145 $590 $540 $685
Self, spouse, and child(ren) $188 $238 $940 $890 $1,128

*Premiums for retirees vary according to a formula based on years of service and other factors. For an idea of what premiums would be for your particular circumstances, use the Retiree Insurance Premiums Estimator.

**Earn a discount on UM System medical insurance premiums by certifying that you and family members covered by your insurance plan are tobacco free or in a cessation program. Learn more.

Deductible

The Healthy Savings Plan has one deductible that combines both medical and prescription drug costs.

Healthy Savings Plan- Annual deductibles, 2017

  In-network Out-of-network
  Self* Family* Self* Family*
Medical and Rx (combined) $1,500 $3,000 $3,000 $6,000

*Considerations for “self” and “family” are different for the Healthy Savings Plan than for the Custom Network Plan and PPO Plan. Visit the glossary for details.

Out-of-pocket limit

The Healthy Savings Plan has one out-of-pocket limit that combines both medical and prescription drug costs.

Healthy Savings Plan- Annual out-of-pocket limits, 2017

  In-network Out-of-network
  Self* Family* Self* Family*
Medical and Rx (combined) $3,000 $6,000 $6,000 $12,000

*Considerations for “self” and “family” are different for the Healthy Savings Plan than for the Custom Network Plan and PPO Plan. Visit the glossary for details.

Prescription drugs

Healthy Savings Plan-Prescription drug out-of-pocket cost, 2017

  In-network Out-of-network
Prescription drug: retail (formulary generic, formulary brand, or non-formularly brand) 10% after deductible 30% after deductible
Prescription drug: mail (formulary generic, formulary brand, or non-formularly brand) 10% after deductible 30% after deductible


Annual University contribution to Health Savings Account

The University will contribute up to $1,200 to a Health Savings Account for eligible employees who enroll in the Healthy Savings Plan. Visit the understanding your HSA webpage to learn if you're eligible and/or the amount the University will contribute based on the elections you choose. In addition to University contributions, faculty and staff may choose to contribute tax-free money up to IRS limits.

Retirees do not receive University contributions toward an HSA, but you may set up an HSA account if you are not enrolled in another insurance plan, including Medicare. If you meet the eligibility requirements, you may contribute your own after-tax money to the HSA.

Network providers

You may choose to visit either in-network or out-of-network doctors and other providers. Your costs will be lower, however, when you select in-network providers. Provider directories may be accessed on the plan contacts webpage.

Preventive care

Many health plans include preventive care services, such as various screenings, vaccinations, and well-woman visits, at no out-of pocket cost. Read about women's preventive healthcare or learn more about preventive care guidelines.

2017 forms and guides

*In the event of a difference between this webpage and the plan document or summary plan description, the plan document and plan description prevail.

Many documents on this webpage require Adobe Acrobat. A free reader is available to everyone. Read more about PDFs.

Reviewed November 27, 2017.