2007-204 Council Resolution - Laserfiche WebLink

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• • (i) In the event and to the extent that, the reimbursement or payment is covered under any insurance policy or policies, whether paid for by the Employer or the Participant, or under any other health and accident plan by whomever maintained. If there is such a policy or plan in effect providing for reimbursement or payment, in whole or in part, then to the extent of the coverage under that policy or plan, the Plan shall be relieved of any liability; or (ii) To the extent that the expense has been submitted for reimbursement from the Participant's Dependent Care Reimbursement Account or under any similar program or plan maintained by some other person or entity. Notwithstanding the foregoing, however, in the event that an expense for Medical Care could be reimbursed from either a Participant's Health Care Reimbursement Coverage or a Participant's HSA, the Participant's Health Care Reimbursement Coverage shall pay first, until such coverage is exhausted, unless the Participant directs that the HSA pay first. In no event may the same expense be reimbursed under both Health Care Reimbursement Coverage and an HSA. (e) Unused Benefits. If following the final payment of reimbursement benefits for eligible expenses incurred during the Period of Coverage for any Plan Year, any amount remains in a Participant's Health Care Reimbursement Account for that Plan Year, such amount shall be returned to the Plan, and Participant shall have no further claim to that amount. (f) Separate Written Plan. For purposes of the Code, paragraph 52.2 shall constitute a separate written plans providing for the reimbursement of Medical Care expenses. To the extent necessary, other provisions of the Plan are incorporated by reference in paragraph 5.2.2. 5.2.8. HSA Benefits. (a) Employee Pretax Contributions. A Participant who has enrolled in the HDHP and is an eligible individual under Section 223(c)(1) of the Code may elect to have a portion of his or her compensation forwarded by the Employer to an HSA established with one or more designated trustees or custodians (an "eligible HSA "). If a Participant elects to contribute to an eligible HSA, the employee's cash compensation will be reduced, and an amount equal to the reduction will be forwarded to the employee's HSA. (b) Employer contributions. The Employer may contribute directly to the HSA of a Participant, outside of the Plan; subject to the comparability rules under Code section 4980G. In the alternative, the Employer may