Page 9 - AAG Benefits Guide OOS (Non-CA) Employees

2021 8
BENEFITS

NEW If you enroll in either of the HDHP plans with an HSA account for 2021,

FOR 2021! AAG will contribute according to the table below:

AAG’S ANNUAL CONTRIBUTION FOR 2021 TO YOUR HSA
PLAN EMPLOYEE ONLY EMPLOYEE & EMPLOYEE & EMPLOYEE &
SPOUSE
CHILDREN
FAMILY
HDHP 1500 (HSA) $300 $400 $600 $750
HDHP 3500 (HSA) $300 $400 $600 $750

Facts About Health Savings Account (HSA)

Pay for The money you invest into the account

// Cobra Premiums is ALWAYS YOURS TO KEEP. You can
leave it in the account to accumulate.
// Medical Co-payments
// You can invest it (once your balance
// Eligible dental fees not covered is $1,000).
by your dental plan
// You can spend it now — tax free
// Eye glasses, contacts, and more
— on eligible health care expenses.

Comparing your plans

HDHP 1500 (HSA) HDHP 3500
SERVICES
(IN-NETWORK) (IN-NETWORK)
Family coverage Annual Preventative Office Visit No charge No charge
(4 members)
4 Office Visits $480 $480
• 4 office visits for 1 Specialist office visit $175 $175
the year for the
entire family 1 Emergency Visit $3,000 (includes $6,500 (includes
• 1 Emergency family deductible) family deductible)
Room visit Employee Annual
• Family annual Medical Contribution $12,000 $7,920
deductible met (Employee and Family)
care for the rest $15,655 (includes $15,075 (includes
of the year Total Annual Spent family deductible) family deductible)

Difference: $500

For more calculations visit the HSA Bank calculator at
https://www.hsabank.com/hsabank/Learning-Center/HSA-Savings-Calculator.