Physician assistant with toddler

ELIGIBILITY

All regular, full-time employees (those who work a minimum of 30 hours per week on a 1-year academic/calendar year contract) and full-time temporary employees (who have at least a one year appointment) are eligible. Regular part-time employees (those who work a minimum of 20 but less than 30 hours per week) can enroll.

Part-time employees who work less than 20 hours per week are not eligible for benefits.

 

BENEFIT

Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) make it easy for you to set aside a portion of your pretax salary and use it to pay for eligible health care expenses.

 

2019 HSA & FSA MAXIMUM ANNUAL CONTRIBUTION AMOUNTS

You may contribute $5,000 per calendar year per household for Dependent Child Care FSA Expenses and $2,700 per calendar year per employee for Health Care FSA or Limited Purpose Health Care FSA Expenses.

HSA annual contributions may not exceed $3,500 if you have single coverage or $7,000 if you have non-single coverage. Individuals age 55 and over may make an additional $1,000 catch up contribution. Married individuals may each make a catch up contribution, although the maximum amount that can be contributed to one HSA for the calendar year is $8,000 (the $7,000 statutory maximum plus a $1,000 catch up contribution). *Note there is a 6% excise tax on any individual contribution that exceeds the allowed annual maximum. Please consult your tax advisor.

Marquette has four accounts:

Health Care FSA (CPHP Only)

Health Care for eligible out-of-pocket medical, prescription drug, vision, and dental expenses.

Dependent Child Care FSA Can be used for certified day care expenses incurred for the care of your child(ren).

Limited Purpose Health Care FSA (AHDHP & EHDHP Only)

Can be used for eligible out-of-pocket dental and vision expenses only.
Health Savings Account (AHDHP & EHDHP Only) Health Care for eligible out-of-pocket medical, prescription drug, vision, and dental expenses.

 

 

CPHP

AHDHP

EHDHP

HSA eligible?

NO

YES

YES

Regular HC FSA eligible?

YES

NO

NO

Limited HC FSA eligible?

NO

YES

YES

Dependent Care FSA eligible?

YES

YES

YES

HRA incentive? (at open enrollment only)

YES: regular HC FSA contribution from MU

YES: HSA contribution from MU

YES: HSA contribution from MU

Other cash incentive?

NO

NO

YES: separate HSA contribution from MU just for enrolling in this plan

 

FLEXIBLE SPENDING ACCOUNT (FSA)

A Flexible Spending Account (FSA) allows you to budget and save for qualified medical expenses incurred over the course of your plan year. Dollars invested in a FSA are tax-free. That makes a FSA a great tool for saving money, especially when big expenses are anticipated.

Enroll within the first 30 calendar days of employment. Benefit will take effect the 1st of the month following 30 days of employment. For example, if you are hired July 15th, your effective date to participate in a Flexible Spending Account will be September 1st. You may also enroll at annual enrollment (mid-October through mid-November) for a January 1st effective date or if you experience a qualifying event. Qualifying events need to be received within 30 calendar days from the qualifying event date. The effective date of the change will be the first of the month following receipt of the change request.

 

FSA SUMMARY PLAN DESCRIPTIONS AND SUMMARY ANNUAL REPORT

Do you want to know more specifics on our Flexible Spending Accounts? Click on the Summary Plan Description below.

 

GET REIMBURSED

 

Did you know?

With a letter of medical necessity from a provider stating weight loss is a medical necessity, Weight Watchers at Work classes are an eligible medical flexible spending account (FSA) expense (food is not included). This could include weight loss needed to control diabetes, high blood pressure, and other weight-related medical issues.

 

HEALTH SAVINGS ACCOUNT (HSA)

Health Savings Accounts (HSAs) are owned by the enrolled Marquette employee. The employee account holder is responsible for managing the account, and for verifying that their HSA disbursements fall within all applicable Internal Revenue Service (IRS) guidelines. If requested under IRS audit, the account holder would be required to provide supporting documentation on the use of their funds. Therefore, Marquette recommends that the employee retain supporting documentation/receipts for all HSA disbursements for one full year following the end of the tax year.

Enroll within the first 30 calendar days of employment. Benefit will take effect the 1st of the month following 30 days of employment. For example, if you are hired July 15th, your effective date to participate in a Health Savings Account will be September 1st. Changes can be made to your contribution amount when administratively possible based on payroll deadlines.

 

WHO IS ELIGIBLE TO CONTRIBUTE TO A HSA

 

HSA TRANSFER FROM AVIDIA TO DISCOVERY BENEFITS

If you completed the transfer form in December, you should see the total amount transferred over to your Discover Benefits HSA by 1/23/19.

If you have not completed the HSA transfer form and wish to, you can complete the form and return it to one of the following:

Once you have submitted the HSA transfer form you can expect the transfer to be completed within 4-5 weeks.

 

MORE INFORMATION

 

REQUESTING ADDITIONAL FSA OR HSA DEBIT CARDS

Participants are able to request a additional cards at no charge.

You can request new debit cards by creating an account on line with Discovery Benefits, emailing customerservice@ discoverybenefits.com or calling 866-451-3399.

 

REQUESTING A CHANGE IN YOUR HSA CONTRIBUTION ELECTION

If you would like to change the amount you are contributing to your HSA, please submit the request in writing to Susan Wiltzius at susan.wiltzius@marquette.edu. Once you submit the request she will email you with instructions on how to process the change.

 

NEED MORE INFORMATION?

Effective 1/1/2019 - Discovery Benefits Participant Services:

If you have questions on your 2018 HSA or FSA contact Employee Benefits Corporation (EBC), Marquette’s FSA & HSA administrator, at 1-800-346-2126 or contact Avidia Bank, the banking partner of EBC, at 800-508-2265.

 

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The detail of the Flexible Spending Account plan is contained in the official Plan document. This site is meant to only cover highlights of the Flexible Spending Account benefit. It does not contain all of the details that are included in the Summary Plan Description (SPD) (as described by the Employee Retirement Income Security Act). If there is ever a question about this plan, or if there is a conflict between the information on this site and the formal language of the Plan documents, the formal wording in the Plan documents will govern. Please note that the benefits described on this site may be changed at any time and do not represent a contractual obligation on the part of Marquette University.

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PROSPECTIVE EMPLOYEES

CURRENT EMPLOYEES

STUDENTS

Contact Human Resources

Straz Tower

Department of Human Resources
915 W. Wisconsin Ave.
David A. Straz, Jr. Tower, Room 185
Milwaukee, WI 53201-1881
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Phone: (414) 288-7305
Fax: (414) 288-7425

Email Human Resources