Healthcare Savings and Spending Accounts
Depending on the health plan you choose, you gain access to special accounts to help you pay for healthcare expenses and in the case of the HSA, save for future health expenses. Health Reimbursement Account (HRA) HRA Plan
Available with.. Bind (limited to Healthe Living with Rewards dollars)
Eligible Expenses
Who contributes
Contribution limits
Healthcare Flexible Spending Account (FSA)
Limited FSA
HSA Plan only
HRA Plan, Bind and those who waive medical coverage
HSA Plan
Medical, prescription drug, dental and vision expenses Cerner contributes $400 You contribute on a annually, plus any earned pre-tax basis Healthe Living with Rewards dollars, if you’re in the HRA Cerner matches up to $400 plan. Only earned Healthe annually, plus any Healthe Living Living with Rewards dollars, with Rewards dollars if you’re in the Bind plan. $3,600 (associate-only coverage) and $7,200 (all other coverage levels) N/A
Who owns it
Cerner owns the account and you are entitled to a 90-day runout period after leaving the plan
Whose expenses are eligible
You and any dependents covered under the HRA Plan
Tax advantages
Reimbursements are taxfree when you use them to pay for eligible expenses
Portability
Health Savings Account (HSA)
Your contribution limit will be adjusted by Cerner’s match and Healthe Living with Rewards earnings If you are age 55 or older (or turn 55 in 2021), you can contribute an additional $1,000 You own the account and balance, even if you leave the plan in the future (but you can only contribute when you are in the HSA plan) You and anyone you claim as a dependent on your tax return, regardless of health plan participation Contributions and reimbursements are tax-free when you use them to pay for eligible expenses; any earnings are also tax-free
Unused funds roll over from Unused funds always roll forone year to the next as long ward and can be used now or in as you remain enrolled in the future (even when you HRA Plan or Bind plan (even leave the plan) through COBRA)
Dental & vision expenses
You contribute on a pre-tax basis
$2,750 ($250 minimum contribution)
Cerner owns the account You and anyone you claim as a dependent on your tax return, regardless of health plan participation Contributions and reimbursements are tax-free when you use them to pay for eligible expenses Unused funds can be used in certain circumstances when on COBRA
