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TAX SAVINGS PLANS 2017
Employer Contributions

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Depending on the health plan you choose in 2017, Dartmouth College may make a contribution into a tax savings plan in your name.  It is important that you understand how these plans work, in order to maximize your cost savings, and utilize the contributions provided.  Below is a breakout of the employer contributions available in 2017.

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 Based on the medical plan you choose in 2017, below is a breakout of how much Dartmouth College will contribute in a Health Care Flexible Spending Account (HCFSA).  

ELECTING NO COVERAGE

If you do not have a medical insurance plan through Dartmouth College in 2017, eligible employees will receive up to $250 in a Health Care FSA (HCFSA) account with Crosby Benefits, which can be used to pay for eligible medical expenses. This contribution is prorated based on your full time equivalency and your date of hire.

Amount:

  • Single: Up to $250 (HCFSA)
  • Family of two or more: Up to $250 (HCFSA)

Eligible employees:  Those who are bi-weekly paid or those who are monthly paid, and make $60,000 per year or less.  Research Associate B's (RAB's) and Reaserch Fellows are not eligible to participate in a HCFSA due to grant funding guidelines.

 

OPEN ACCESS PLUS (OAP)

If you choose the OAP plan in 2017, eligible employees will receive an employer contribution in a Health Care FSA (HCFSA) account with Crosby Benefits, which can be used to pay for eligible medical expenses. The employer contribution is prorated based on your full time equivalency and your date of hire.

Amount:

  • Single:  Up to $250 (HCFSA)
  • Family of two or more:  Up to $250 (HCFSA)

Eligible employees:  Those who are bi-weekly paid or those who are monthly paid, and make $60,000 per year or less.  Research Associate B's (RAB's) and Reaserch Fellows are not eligible to participate in a HCFSA due to grant funding guidelines.

 

CIGNA CHOICE FUND (CCF)

If you choose the CCF plan in 2017, all enrolled employees will receive an employer contribution in a Health Reimbursement Account (HRA) account with Cigna Health, which will be used to automatically pay deductible and/or coinsurance costs on you and your covered family members claims, that are processed through Cigna Health. This contribution is not prorated in any way.

Amount:

  • Single: $500 (HRA)
  • Family of two or more: $1,000 (HRA)

Eligible employees:  All employees enrolled in the Cigna Choice Fund plan in 2017.  J1 Visa holders are not eligible to enroll in the Cigna Choice Fund plan due to IRS regulations, and are not eligible for the HRA contribution.

 

HIGH DEDUCTIBLE HEALTH PLAN (HDHP)

Whether you use Dartmouth Health Connect, will dictate which tax savings program Dartmouth is allowed to put money into.  This is due to IRS guidelines that view Dartmouth Health Connect as another form of health insurance.

I am a Dartmouth Health Connect Patient

If you choose the HDHP plan in 2017, and are a Dartmouth Health Connect Patient, all enrolled employees will receive an employer contribution in a Health Reimbursement Account (HRA) with Cigna Health, which will automatically be used to pay deductible and/or coinsurance costs on your and your covered family member's claims, that are processed through Cigna Health. This contribution is not prorated in any way.

Amount:

  • Single: $500 (HRA)
  • Family of two or more: $1,000 (HRA)

Eligible employees:  All employees enrolled in the High Deductible Health plan in 2017, who are Dartmouth Health Connect Patients.  J1 Visa holders are not eligible to enroll in the High Deductible Health plan due to IRS regulations, and are not eligible for the HRA contribution.

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I am not a Dartmouth Health Connect Patient

If you choose the HDHP plan in 2017, and are not a Dartmouth Health Connect Patient, all enrolled employees will receive an employer contribution in a Health Savings Account (HSA) with Fidelity, which can be used to pay for eligible medical expenses for your and your covered family member's medical expenses. This contribution is not prorated in any way.

Amount:

  • Single: $500 (HSA)
  • Family of two or more: $1,000 (HSA)

Eligible employees: All employees enrolled in the High Deductible Health plan in 2017, who are not Dartmouth Health Connect Patients. J1 Visa holders are not eligible to enroll in the High Deductible Health plan due to IRS regulations, and are not eligible for the HSA contribution.

 

 EMPLOYEE CONTRIBUTION

Click on the box below, for more information on how the employee contributions break out per plan.

Click here for more information

Last Updated: 11/11/16