Get documents about "ICHIP High Deductible Health Plan _HDHP_
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Important Notice
There are coverage Illinois
differences between Comprehensive
ICHIP HDHP plans Health
and Non-HDHP Insurance Plan
ICHIP Plans
No payment for any covered services
until plan deductible has been met in-
cluding prescription drugs, pre- ICHIP
admission testing, and second surgical
opinions. High Deductible
Maternity coverage is included in HI-
PAA HDHP Plans and is available for Health Plan
purchase as an additional rider on Tra-
ditional HDHP plans. (HDHP)
No limit on the number of deductibles
and coinsurance maximums per family If you are eligible for one of the
as with other CHIP plans.
ICHIP plans, you now have the
Plan deductible options are subject to option of choosing a plan that
change, based on the federal require-
ments for minimum and maximum qualifies for use with a Health
deductibles for HDHP plans.
ICHIP
Savings Account (HSA)
Illinois Comprehensive Health Insurance Plan
320 West Washington Street Suite 700
Springfield, Illinois 62701-1150
Read on for details!
Phone Toll Free: 866-851-2751 Call Toll Free 866-851-2751
Fax: 217-558-4831 Or visit us on the web:
TDD: 800-545-2455 www.chip.state.il.us
www.chip.state.il.us
Rev. 12/10
ICHIP High Deductible Health Plan (HDHP)
The ICHIP
HDHP Deductible Options Health Savings Account Basics
HDHP plans An HSA is a tax-advantaged, individu-
comply with $1,200 deductible plus $1,500 coinsurance ally owned savings account that can be
limit (for a total of $2,700); used to cover a wide range of qualified
the require-
medical expenses.
ments of an $2,000 deductible plus $2,500 coinsurance An HSA can be used to pay your annual
HDHP as de- limit (for a total of $4,500); and deductible and, if applicable, any cost-
sharing for covered services.
fined in federal
$5,200 deductible with $0 coinsurance. HDHPs qualify for use with HSAs.
law. HSAs have tax and legal ramifications.
These plans each qualify as high deductible Information about HSAs and HDHPs is
available at www.treas.gov.
health plans that can be used in conjunction
with a federally approved Health Savings Ac-
The CHIP HDHP Plans are available to count (HSA). All HDHP’s are PPO plans. This brochure is for informational
persons who qualify for Traditional and These plans typically cost less than the other purposes only and is not intended
HIPAA coverage under the CHIP Act. PPO options with lower deductibles because as tax or legal advice. Consult a
participants assume a greater share of the cost tax and/or legal professional for
These plans qualify as High Deductible
of their health care expenses initially. An im- advice regarding HSAs.
Health Plans (HDHPs) that can be used portant difference between the HDHP plans
in conjunction with a federally approved and the other PPO plans is that in the HDHP
plans all charges are subject to the deductible,
Health Savings Account (HSA). For more information or to obtain an application call
including prescription drugs, pre-admission or visit the web site listed below.
testing and second surgical opinions.
All covered services and supplies, in-
Illinois Comprehensive Health Insurance Plan
cluding prescription drugs, are subject Plan deductible options are subject to change, 320 West Washington Street Suite 700
based on the federal requirements for mini- Springfield, Illinois 62701-1150
to a deductible which must be satisfied
mum and maximum deductibles for HDHP
Phone Toll Free: 866-851-2751
before the plan will pay any benefits. plans.
Fax: 217-558-4831
TDD: 800-545-2455
www.chip.state.il.us
Rev. 12/10
