HRA for KEHP LivingWell CDHP Members
What is it?
This HRA Is the Way KEHP LivingWell CDHP Members Save Smart
A WageWorks® Health Reimbursement Arrangement (HRA) is a KEHP-sponsored account to reimburse a portion of your eligible out-of-pocket medical expenses, such as deductibles, coinsurance, and pharmacy expenses. If you’ve selected the LivingWell Consumer-Driven Health Plan (CDHP), you’re eligible to receive an HRA funded entirely by KEHP to help you make healthcare more affordable.
How It Can Help
Get up to $1,000 from KEHP to bridge the gap on eligible healthcare costs that you bear before your insurance kicks in
Use a handy debit card to pay for eligible expenses
Submit receipts for reimbursement right from your mobile device
How do I sign up?
Sign Up Now
Ready to save? Sign up for your HRA for KEHP LivingWell CDHP Members during your Open Enrollment period.
Go to KEHP.ky.gov for Open Enrollment information or contact your agency Insurance Coordinator or Human Resources Department for more information today!
How does it work?
How a HRA for KEHP LivingWell CDHP Members Works
Select the LivingWell Consumer-Driven Health Plan (CDHP) and receive an HRA funded entirely by KEHP to use toward your annual deductible. It’s just another way KEHP helps you make your healthcare more affordable.
The LivingWell CDHP has the best coinsurance—you pay only 15%, and the health plan pays 85% of all eligible expenses. And the HRA that accompanies this plan can be used to reduce your deductible by 40%.
Use your HRA to reduce your out-of-pocket spending on eligible healthcare expenses, such as prescriptions and coinsurance when you visit your doctor. The full amount of your HRA is available on January 1.
When you select the LivingWell CDHP, KEHP contributes these amounts to your HRA:
If your annual expenses are below $500 for single coverage or below $1,000 for all other coverage levels, you won’t have to spend any money out of your own pocket. Once you use all your HRA funds, you pay for any additional expenses up to your deductible. After you meet your deductible, co-insurance begins.
The maximum carryover amount each year is $7,500 as long as you continue to select a LivingWell CDHP the following year.
Using Your Account
With a variety of payment and reimbursement options, your HRA is easy to use.
Pay by Debit Card
Use the WageWorks® Healthcare Card associated with your account to pay for hundreds of eligible healthcare products and services for you, your spouse, and your dependents. It comes to you preloaded with $500 for single coverage or $1,00 for couple, parent-plus or family coverage level.
The WageWorks Healthcare Card works like a debit card. Just swipe your card at any in-network provider’s office or pharmacy and the eligible expense amount is deducted directly from your account. Nearly 80% of all WageWorks Healthcare Card swipes are automatically processed; however, you may have to submit expense documentation to substantiate a purchase.
Pay Your Provider
Arrange for convenient direct payments to your healthcare provider. Simply access your online WageWorks account and fill out a simple form to have eligible expenses paid directly from your account.
Pay You Back
Arrange for account funds to be transferred to your checking account or a check to be mailed to reimburse you for eligible expenses you've already paid.
You can also use a Healthcare FSA to increase your personal tax savings and help cover your deductible expenses. The Healthcare FSA amount you choose to contribute is added to your HRA amount ($500/$1000) and preloaded to your WageWorks Healthcare Card.
Managing Your Account
You can manage your account via a secure website on any computer or mobile device that’s connected to the Internet or via the WageWorks EZ Receipts® mobile app. The WageWorks EZ Receipts app makes managing your account quick, easy, and completely mobile. Once you download the app to your mobile device and log in to your account, you can check your balances, submit claims, view transactions, take photos of receipts, and get account alerts by text or email.