The Anthem Blue Cross HealthSave Plan could be the right option for you! The HealthSave Plan is a Consumer-Driven Health Plan, or CDHP, which gives you comprehensive medical coverage and more control over how you spend your health care dollars.
Two Things You Need to Know About the HealthSave Plan
- Works like a PPO medical plan
- Get free preventive care when you see an in-network provider
- You pay for services until you meet the deductible
- The plan shares the cost with you until you meet the out-of-pocket maximum, then the plan pays 100%
- Comes with a tax-advantaged Health Savings Account (HSA)
- LMU contributes money to your account. It’s like free money!
- Save on federal taxes on the money you contribute to your HSA
- Your HSA money (from you and LMU) is yours to keep — use it in 2021 or hold for future use
- Earn interest, free from federal tax, on balances of $1,000 or more
Your HSA through LMU is managed by Bank of America. Learn more here. For a list of eligible HSA expenses, see IRS Publication 502.
Bonus Coverage with the HealthSave Plan
The HealthSave plan includes a free hospital indemnity plan that will pay you or your covered dependents a cash benefit when you’re hospitalized, minimizing your out-of-pocket costs.
Read more about the HealthSave Plan
Talk to the Professionals: Attend a Virtual Benefits Webinar.
Learn more about the Anthem Blue Cross HealthSave Plan and the Bank of America Health Savings Account (HSA) during one of the following informational online meetings:
Anthem Medical Benefits Webinar
- Monday, Oct. 26 from 10 – 11 a.m.
- Wednesday, Oct. 28 from 10 – 11 a.m.
Bank of America HSA Benefits Webinar
- Tuesday, Oct. 27 from 10 – 10:30 a.m.
- Thursday, Oct. 29 from 10 – 10:30 a.m.
Click here to register for a Benefits Information Session.
QUESTIONS?
Contact LMU Human Resources.
Westchester Campus/Law School: 310.338.2723 or 310.338.5757 for Benefits
