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Get the free HDHP/HSA PlanWorking at Cornell

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2024 EMPLOYEE BENEFITS GUIDE Minneapolis College of Art and DesignQUESTIONS? Contact benefits@mcad.eduWHAT IS NEW FOR 2024? Medical Plan: Adding a new High Deductible Health Plan: $7000100% DHP (HSA
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The HDHP/HSA plan at Cornell refers to a high-deductible health plan that allows individuals to contribute to a Health Savings Account (HSA). This plan typically has lower premiums but higher out-of-pocket costs.
Typically, employees enrolled in the HDHP/HSA plan at Cornell are required to file the associated paperwork to maintain their eligibility for HSA contributions and benefits.
To fill out the HDHP/HSA plan paperwork at Cornell, individuals need to provide personal information, select their coverage options, and affirm their understanding of the plan's terms, often through an online portal or designated forms.
The purpose of the HDHP/HSA plan is to provide employees with a cost-effective health insurance option that encourages saving for medical expenses through tax-advantaged accounts.
Individuals must report their personal identification details, healthcare coverage choices, and any contributions made to their HSA when filing the HDHP/HSA paperwork at Cornell.
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