Health Accounts

Bowling Green State University offers three different types of Health Accounts that will allow employees to set aside pre-tax dollars to pay for out-of-pocket expenses for themselves and their eligible dependents, even if those dependents are not covered under the BGSU insurance plans.  These expenses can be for medical, prescription, dental, or vision services that are not covered or paid in full by the plan as long as they are qualified expenses according to the IRS.

If you select Health Plan A, you are also eligible to participate in both the Flexible Spending Accounts for health care and dependent day care.  These plans are administered by FlexSave.  If you select Health Plan B, you will automatically be enrolled for a Health Savings Account through PNC Bank.  You have the option to contribute to this account, however this is not required.   Please click on the corresponding account tabs for further information.

The Bowling Green State University Health Savings Account is administered by PNC Bank through the PNC BeneFit Plus Program.  After you enroll, your account will automatically be setup through PNC BeneFit Plus, however you must complete the setup of your online portal access.

Health Savings Accounts (HSA) are only available to employees covered under a High Deductible Health Plan such as the BGSU Health Plan B, and allow you to control how you save, invest, and use your healthcare dollars.  The HSA is a bank account but the money in the account is used to pay for healthcare related expenses.  The High Deductible Health Plan is the health plan coverage, and the HSA is a companion savings account that is opened for you based on your enrollment in Health Plan B.  Or, you can save the money in your HSA to use for qualified expenses when you retire.  It’s your choice.   If you leave Health Plan B or BGSU once you have money in the HSA, that account is yours and stays with you.

To be eligible for the Health Savings Account:

  • You must be enrolled in Health Plan B
  • You cannot be claimed as a dependent on someone else’s tax return
  • You cannot be covered by a spouse’s Flexible Spending Account
  • You cannot be covered by any other health plan unless it is an HSA-qualified plan, and
  • You cannot be entitled to or enrolled in Medicare Part A and/or Part B

For additional details regarding Health Savings Accounts eligibility requirements, please review IRS Publication 969 or speak with your tax advisor.

Things to consider:

  • You can use the funds in your HSA to pay for the health expenses of dependents covered under another health plan, as long as they are eligible dependents as defined by the IRS.
  • You can only spend the money that’s actually in your account.  If your expenses are more than your balance, you need to pay the remaining cost another way, such as personal check or cash.  You can request reimbursement after you have accumulated more money in your account.
  • Each time you use your HSA, save your receipt in case the IRS requests that you prove your claim(s) was for a qualified expense.  If you use funds for a nonqualified expense, you will pay taxes and penalties on the ineligible amounts.
  • Remember to assign a beneficiary for your account within the PNC BeneFit Plus website, as your HSA is an inheritable asset.
  • The money always belongs to you, even if you leave BGSU.
  • The funds carry over from year to year so that you never have to worry about losing your money.
  • There are annual contribution limits set by the IRS.  Your contributions in combination with the contributions from BGSU cannot exceed the IRS annual limit.

For details regarding what expenses are eligible for reimbursement, please review IRS Publication 502.  

If you use funds from your Health Savings Account during a calendar year, you will receive an IRS Form 1099-SA from PNC Bank to assist you with completing IRS Form 8889.   You can also obtain a copy of your 1099-SA electronically by logging into your PNC account.

View more information on the IRS Form 8889 and its requirements    
 

FlexSave by Medical Mutual

1-800-525-9252

Healthcare FSA Claim Form

If you are a current member of the Medical Mutual health plan, please login to the online member portal (My Health Plan) to view and manage both your helath plan and your flexible spending account in one convenient place.  Go to www.medmutual.com/member, login, click on My Spending Accounts under the Claims and Balances tab, accept the terms, and click Submit.

If you are not a current member of the Medical Mutual health plan, please visit the online spending account portal. Click the work Register in the upper right to set-up your personal account, and complete the registrationi process.  The registration ID you will be asked for is MTL10. 

For assistance accessing your information, please call 1-800-525-9252.

A flexible spending account for healthcare is an account that you put money into on a pretax basis for out-of-pocket expenses for yourself and your eligible dependents, even if they are not covered under the BGSU insurance plans. This plan is administered by FlexSave, a subsidiary of Medical Mutual of Ohio. To be eligible to participate in the Flexible Spending Account for Healthcare, you cannot be enrolled in a High Deductible Health Plan including BGSU Health Plan B.

If you are a benefit eligible employee, you can elect to begin a flexible spending account for healthcare effective the first of the month following your date of hire/change in family status, or during open enrollment for the following calendar year.  When you enroll for a flexible spending account for healthcare, keep in mind that you are electing the amount for the remainder of that calendar year, and only that calendar year.  The IRS requires that you must reelect to have payroll deductions for a flexible spending account each year during open enrollment for the following calendar year.   

To review the eligibility guidelines and eligible expenses for a flexible spending account for healthcare, review IRS Publication 502.  

If you are enrolled in BGSU Health Plan A and a Flexible Spending Account for healthcare, your medical claims are processed by Medical Mutual of Ohio and any patient responsibility will automatically be submitted to FlexSave for reimbursement.  This eliminates the need to file claims and saves you time.

  • By electing to have all claims automatically roll to your flexible spending account for healthcare, you are substantiating that all expenses are not covered by any other insurance plan.
  • If you have secondary health insurance and are using a flexible spending account for healthcare for reimbursement of specific claims, you must elect to waive the automatic rollover feature and submit claims directly as needed.
  • If you are not covered under the BGSU Health Plan A and elect a flexible spending account for healthcare, you do not need to submit a waiver for the rollover, but must submit claims directly as needed.
  • All employees enrolled in a flexible spending account for healthcare will be automatically enrolled for the automated claims rollover feature unless a waiver form is completed and submitted to FlexSave.

Things to consider:

  • The total amount of your annual election will be available for reimbursement after the beginning of the calendar year.
  • You will be required to provide proof of any eligible unpaid expenses at the time of reimbursement.
  • You can elect to have your reimbursement directly deposited into your designated bank account.
  • The flexible spending account for healthcare does have a carryover provision allowing the account to carryover up to $500 of unused funds as of the end of the plan year.  The carryover amount can be used to reimburse eligible expenses during the plan year in which is it carried over to.  Anything in excess to $500 unused at the end of the year will be forfeited by law.
  • Your election will be in place for the plan year in which you elect.  If you do not receive pay for one or more of your normal scheduled pay periods during the year, the amount deducted for your account will be increased in subsequent periods in order to meet your annual plan year election, as required by law.
  • The maximum amount you can contribute annually is $2,600.00.
  • Claims for the calendar year can be submitted during that calendar year, or up through 90 days following the end of the plan year OR the end of your last day covered by the plan.

FlexSave by Medical Mutual

1-800-525-9252

Dependent Care FSA Claim Form

If you are a current member of the Medical Mutual health plan, please login to the online member portal (My Health Plan) to view and manage both your helath plan and your flexible spending account in one convenient place.  Go to www.medmutual.com/member, login, click on My Spending Accounts under the Claims and Balances tab, accept the terms, and click Submit.

If you are not a current member of the Medical Mutual health plan, please visit the online spending account portal. Click the work Register in the upper right to set-up your personal account, and complete the registrationi process.  The registration ID you will be asked for is MTL10. 

For assistance accessing your information, please call 1-800-525-9252.

A flexible spending account for dependent day care is an account that you put money into on a pretax basis for out-of-pocket work related child care and elder care expense for what you pay toward child/dependent care for children up to age 13.  You may also use this account for day care provided to your dependent spouse/parents.  You (and your spouse if married) need to be working to enroll in this program.   This plan is administered by FlexSave, a subsidiary of Medical Mutual of Ohio.   

If you are a benefit eligible employee, you can elect to begin a flexible spending account for dependent day care effective the first of the month following your date of hire/change in family status, or during open enrollment for the following calendar year.  When you enroll for a flexible spending account for dependent day care, keep in mind that you are electing the amount for the remainder of that calendar year, and only that calendar year.  The IRS requires that you must reelect to have payroll deductions for a flexible spending account each year during open enrollment for the following calendar year.  

Eligible expenses under this account are those that could otherwise be claimed for the Dependent Care Tax Credit on your federal income tax.  The account can be used for licensed nursery schools and child care centers, work-related babysitting in or out of your home, home care specialists for disabled dependents, and home care specialists to care for your children or elders.

Things to consider:

  • The amount available for reimbursement at the time you file a claim is the current amount in your account.
  • You will be required to provide proof of any eligible expenses at the time of reimbursement.
  • You can elect to have your reimbursement directly deposited into your designated bank account.
  • The flexible spending account for dependent day care does NOT have a carryover provision.
  • Your election will be in place for the plan year in which you elect.  If you do not receive pay for one or more of your normal scheduled pay periods during the year, the amount deducted for your pay will be increased in subsequent periods in order to meet your annual plan year election, as required by law.
  • The maximum amount you can contribute annually is $5,000.00 per family.
  • Both spouses, regardless if they are BGSU employees or not, can participate in the Dependent Day Care account as separate individuals; however, they cannot exceed the $5,000 IRS maximum per family.
  • Claims for the calendar year can be submitted during that calendar year, or up through 90 days following the end of the plan year OR the end of your last day covered by the plan.