Separate Medical and Rx Drug Deductibles

• Sample Large Group Health and Wellness Benefit Plan *
• Sample Large Group Summary of Benefits and Coverage *

High Deductible Health Plan with Combined Medical and Rx Drug Deductibles (Blue Health Savings)

• Sample Blue Health Savings Health and Wellness Benefit Plan (copay option) *
• Sample Blue Health Savings Summary of Benefits and Coverage (copay option) *
• Sample Blue Health Savings Health and Wellness Benefit Plan (coinsurance, only) *
• Sample Blue Health Savings Summary of Benefits and Coverage (coinsurance, only) *

*DISCLAIMER: The Health and Wellness Benefit Plan and Summary of Benefits and Coverage are examples of the most popular benefit option and are not guarantees of coverage for a particular benefit. Following enrollment, covered Members will be able to review their chosen benefit plan options in their myBlue account.

Blue Health Savings Members are eligible to open a Health Savings Account (HSA). With an HSA, employees can contribute tax-deductible dollars toward future medical expenses including deductibles, copay, coinsurance and other qualified healthcare expenses.

Advantages include:

• Contributions made to HSAs are tax-deductible or pre-tax when made through payroll deductions. Money withdrawn from HSAs to pay for qualified medical expenses is not subject to income tax – so individuals get income tax savings, and an employer group can benefit from a reduction in payroll tax. Additionally, interest and investment earnings on HSA funds are tax-free.
• Individuals can use HSA debit cards to pay for eligible medical expenses.
• Participating Members can choose to invest in a wide array of mutual funds to meet their saving goals. Plus, they can use their HSAs to complement their 401(k) or IRA retirement savings.