Claim Submission Deadline
If you have claims from the 2019 benefit year that you have not yet claimed against your HCSA balance, there is a 90 day claims run-off period to submit them. 2019 claims must be received by Great-West Life prior to March 31st, 2020 to be claimed against your 2019 HCSA dollars.
What does the Health Care Spending Account (HCSA) cover?
The HCSA can be used to cover a range of benefits not normally covered under other types of group benefits plans or by provincial medical plans.
You are covered for 100% of eligible expenses that you incur while you and your dependents are covered, up to the total amount of dollars in your HCSA.
The Income Tax Act governs the types of expenses that can be reimbursed under the HCSA. This includes medical or dental services provided by a:
- Licensed medical practitioner;
- Dentist; or
- Public or licensed private hospital.
Please visit www.canada.ca and search on medical expenses for a complete list.
Who does my HCSA cover?
You and your dependents, including your spouse and children, are eligible under the HCSA. The HCSA also offers two more ways a dependent can qualify:
- if your child is no longer eligible for group benefits because of student age restrictions, he or she can qualify under the HCSA;
- if there is another person for whom you are entitled to claim a medical expense tax credit under the Income Tax Act, that person is eligible under the HCSA.
This means that a dependent who doesn’t qualify under a regular group plan, may qualify under the HCSA.
When does my HCSA refresh?
On January 1st, 2020 your HCSA will refresh based on the Flex Option you have chosen and part-time/full-time status where applicable. Please visit www.greatwestlife.com to review your claims history and obtain your HCSA statement including balance.
What happens if I have excess claims from 2019?
Under the HCSA, you can carry forward claims up to 12 months from the date of service. This means if you had more 2019 expenses than you had 2019 HCSA dollars, you can carry forward those claims for reimbursement against your 2020 HCSA balance.
Supporting Your Wellness
The Homewood Health Employee and Family Assistance Program (EFAP) is a professional, confidential, and proactive service to support you in all aspects of your life.
Your EFAP can help with a variety of situations such as stress, anxiety, life change and transitions, relationship concerns, etc. Your full suite of EFAP services includes counselling, Life Smart Coaching and Online resources.
For practical tips for Holiday Stress and Anxiety Prevention, please Click here.
To review all the Homewood Health EFAP resources available to you and to get contact information Click here.