This Account-Based Health Plan (ABHP) works much like a typical PPO plan — you must meet an annual deductible before the plan begins paying a portion of the cost. When you enroll in the Choice Savings Plan you can save tax-free money in a Health Savings Account (HSA) to cover qualified health expenses.
- If enrolled in this plan you’ll receive an automatic company contribution to your HSA — $500 for employee coverage or $1,000 for family coverage. You can also make pre-tax personal contributions to your account. Additionally, Air Liquide will contribute an additional $500-$1,000 to your HSA up to a maximum of $1,000 for individual coverage and $2,000 for family coverage, dependent on your coverage level, once you complete a biometric screening and the Health Assessment through Healthy Elements, the company wellness program. The combination of your personal contributions and Air Liquide’s contribution must not exceed the annual limits set by the IRS.
- In-Network preventive care is covered at 100%!