City Electric Supply offers employees a choice of three different health plans. Two of these choices are Health Savings Account (HSA) High Deductible Health Plans (HDHP) and the other is a non-HDHP PPO plan.

High deductible
HSA plans

Participating in a High Deductible HSA plan allows you to contribute tax free dollars to a Health Savings Account. By avoiding taxes, you can increase your take-home pay!

These plans are ideal for employees that would like to:

  • Keep monthly premium cost low
  • Receive certain preventative care services absolutely free
  • Maintain higher coverage levels in the event you have more expensive medical expenses
  • Save the premium difference (compared to the PPO Plan) in a Health Savings Account
  • Pay for all medical services except preventative care until the annual deductible is satisfied
  • Become a more informed consumer of health care
Keep in mind

If you purchase High Deductible HSA coverage for your dependents as well as yourself, the entire Family Deductible must be satisfied before a benefit will be paid on any member. Also, the entire Family out-of-pocket maximum must be satisfied before benefits on any member are paid at 100% for the remainder of the year.

This is different than the PPO Plan in that, with dependent coverage, an individual needs to only meet the Individual Deductible and Individual Out-of-Pocket Maximum before the plan will begin to pay a benefit for that individual.

The
PPO plan

This plan is ideal for employees that would:

  • Rather pay a higher monthly premium so that they don’t have to pay the full price for office visits, urgent care visits, and prescription drugs when they require those services. Instead, they are required to make a copay.
  • All other covered services are subject to the annual deductible and 20% coinsurance until the individual’s out-of-pocket maximum is satisfied.