Reimbursement Accounts

Health Savings Plan

Whitworth offers enrollment in an HSA plan only if you have the high deductible medical plan (HDHP) through Aetna. It is a health savings retirement plan with the option to invest your funds after a $2,000 balance. The balance stays with you in your account whether you switch back to a non-HSA-eligible plan or leave employment. This plan can be used for medical expenses and other items found on the IRS list of eligible expenses. A debit card is issued with enrollment.

Whitworth will contribute the following each plan year:

Individual - $700 contribution with first half in June and second half in December (whole balance added for 2024 only)
Individual + one or more family member(s) - $1,400 with first half in June and second half in December (whole balance added for 2024 only)

You may contribute pre-tax payroll contributions up to the IRS calendar year limit including Whitworth's contributions. Employees 55 years old and older can contribute an extra $1,000. Reminder: You're enrolled only if enrolling in the HDHP medical plan.

If you are currently enrolled in a medical FSA plan, the HSA may not begin until all FSA funds are spent. The IRS does not allow both plans to run at the same time.

Health Reimbursement Arrangement

Whitworth provides a Health Reimbursement Arrangement (HRA) to employees enrolled in the Aetna Choice POS II PPO medical plan. The HRA is funded entirely by Whitworth and administered through HealthEquity to help offset eligible out-of-pocket healthcare expenses.

Whitworth's Annual Contribution

Coverage Level	Annual Contribution	Maximum Annual Rollover	Maximum Account Balance
Employee Only	$1,000	$1,000	$2,000
Employee + family	$2,000	$2,000	$4,000

Eligible Expenses

HRA funds may be used for qualified expenses, including:

Medical deductibles, coinsurance and copays under the Whitworth medical plan
Prescription drug expenses
Dental expenses
Vision expenses

Unused HRA funds automatically roll over each plan year, up to the maximum rollover amount shown above. Your total HRA balance may not exceed $2,000 for employee-only coverage or $4,000 for employee plus dependent coverage.

To receive reimbursement, submit your eligible claims through HealthEquity.

HealthEquity HRA

Flexible Spending Account

Whitworth offers two Flexible Spending Accounts (FSAs), administered through HealthEquity, to help employees save on eligible healthcare and dependent care expenses by using pre-tax dollars. If you have predictable out-of-pocket expenses during the year, an FSA can reduce your taxable income and lower the amount of taxes you pay.

Whitworth offers the following FSA options:

Healthcare FSA – Use for eligible medical, prescription, dental and vision expenses. Employees may contribute up to $3,400 annually.
Dependent Day Care FSA – Use for eligible dependent care expenses that allow you (and your spouse, if applicable) to work or attend school full-time. Employees may contribute up to $7,500 per household (married filing jointly or single).

Both FSAs include a grace period, allowing additional time after the end of the plan year to incur eligible expenses, as outlined in the plan.

If you are enrolled in both the Whitworth HRA and a Healthcare FSA: Eligible claims submitted to HealthEquity are processed through your HRA first. Once your HRA funds are exhausted, eligible expenses are automatically applied to your Healthcare FSA. If you choose to use your Healthcare FSA debit card, purchases are deducted directly from your FSA balance.

HealthEquity

Whitworth's FSA, HRA and HSA are administered by HealthEquity. You must create an account to access your benefit.

Create an account online now at healthequity.com/wageworks.
Select "Log in/Register" and then "Employee Registration."
You'll need to answer a few simple questions and create a username and password.