Choosing & Using Your HSA or HRA

Paying for Services

When you incur eligible health care expenses, it’s your choice how you pay. You can choose to pay using funds from a health savings account (HSA) or pay another way (i.e. cash or card).

In-network preventive care services are covered 100% throughout the plan year and do not affect your HSA.

Deductible

The HSA medical plan options have a deductible, which is the total amount you must pay for non-preventative services before coinsurance takes effect.

Coinsurance

Coinsurance is when the plan shares in the cost of eligible health care expenses, and this takes effect after you have paid the deductible. For example, if the plan pays 80% of the cost after the deductible is met, you will pay the remaining 20% of the cost.

If any dependents are enrolled in your coverage, you must meet the family deductible before the plan shares in the cost of eligible expenses.

Out-of-Pocket Maximum

Once your deductible and coinsurance payments add up to the plan’s out-of-pocket maximum, the plan will pay 100% of all eligible health care expenses for the rest of the plan year.

By opening a Health Savings Account (HSA), you can:

• Set aside money pre-tax to pay for qualified expenses. Remember, the maximum amount you can contribute to your HSA is the annual limit set by the IRS, plus any catch-up contributions if you are eligible, MINUS the maximum Health Rewards you are eligible to earn.
• Get an additional deposit in your HSA from Bloomin’ Brands if you complete Health Rewards by Dec. 1 of the current plan year.
• Earn tax-free interest over time.
• Make tax-free withdrawals to pay for qualified medical, dental, and vision expenses.
• Use it as a retirement savings tool.
  Invest part of your HSA in mutual funds to save for the future.

Health Rewards

Open your health savings account (HSA) to receive money from Bloomin’ Brands. You’ll receive money by completing Health Actions through the Health Rewards program.

Your Contributions

You can elect to deposit your own money into your HSA from each paycheck before your pay is taxed. The maximum amount you can contribute to your HSA is the annual limit set by the IRS, plus any catch-up contributions if you are eligible, minus the maximum Health Rewards you are eligible to earn.

• Your HRA will be opened for you; there is nothing you need to do.
• Register with Accrue Health to view and manage your account online.
• You will receive an HRA debit card in the mail. It is sent in a plain, white envelope.
• Whenever there is activity on your account (e.g., a debit card is issued or replaced, you have claims activity, you are required to submit documentation for a claim, an account statement is available, etc.), you will receive a generic email designed to protect your privacy.
• The HRA is funded by Bloomin’ Brands if you or your enrolled spouse complete Health Rewards before Dec. 1 of the current plan year.
• When you incur eligible health care expenses, you can choose to use your HRA or you can choose to pay another way (i.e., cash, credit card).
• Your HRA funds may be used for eligible medical and Rx expenses only.
• Unused funds will roll over year to year as long as you remain continuously enrolled in one of the BBI HRA Plan options.

First, you pay out of pocket.

• The HRA medical plan options have a deductible, which is the amount you must pay before the plan begins paying for covered services.
• When you incur eligible health care expenses, you can choose to use your health reimbursement account (HRA), or you can choose to pay another way (i.e. cash, credit card). It’s your choice.
• Remember, to earn money into your HRA, you must complete Health Rewards before Dec. 1 of the current plan year.

Next, you and the plan share the costs.

• After you pay the deductible, the plan will share in the cost of eligible health care expenses; this is called coinsurance. (For example, under the Choice HRA plan, if the plan pays 70% of the cost, you will pay the remaining 30%.)
• Preventive care services are covered 100% in the network throughout the plan year and do not affect your HRA.
• When you incur eligible health care expenses, you can choose to use your HRA, or you can choose to pay another way (i.e. cash, credit card). If you spend all funds in the HRA, you will need to pay another way for the costs of your health care expenses.

Finally, the plan begins to pay.

• Once your deductible and coinsurance payments add up to the plan’s out-of-pocket maximum, the plan will pay 100% of all eligible health care expenses for the rest of the calendar year.

The HRA is funded by Bloomin’ Brands if you or your enrolled spouse complete Health Rewards before Dec. 1 of the current plan year.