Benefits forCharlottesville City Schools (VA)
Congratulations on your new employment!
Your employment means more than just a paycheck. Your employer also provides eligible employees with a valuable benefits package. Below you will find information about how to enroll in these benefits as a new employee.
Employees must be in a full-time equivalent position of .5 or greater to participate in benefits.
Flexible Spending Accounts, Health, Dental, and Vision insurance - You are eligible to self-enroll online. Please call the Service Center within 30 days of your date of hire. The service center number is located on the contact page of this guide.
Term Life, Disability, and Colonial Insurance Products - Please call the Service Center within 30 days of your date of hire.
Be sure to also review your group’s custom benefits microsite, that allows for easy, year-round access to benefit information, live chat support, benefit explainer videos, plan certificates and documents, and carrier contacts and forms.
Health Savings Account (HSA)
A personal tax-free savings account for healthcare expenses and investing.
Save money with an HSA
You can reduce your taxable income and increase your take-home pay. Just enroll and you’ll start saving money on eligible health care expenses for you, your spouse and your tax dependents.
Eligible expenses may include deductibles, copays, coinsurance and prescriptions. Plus, vision and dental care, too.
With an HSA, you can contribute up to $4,150/individual and $8,300/family (pretax) annually. If you are 55 or older, you can contribute an extra $1,000. These funds can earn interest and provide a few other benefits, too:
— Your unused funds roll over from year to year.
— Your HSA always stays with you. It isn’t tied to an employer, health plan or retirement.
— If you have an HSA elsewhere, you can transfer the balance to your new one.
Plus, you’ll enjoy extra savings on eligible over-the-counter health care items through CVS Pharmacy online. This gives you more purchasing power.
Pay the Inspira way
Once funds are available in your HSA, Inspira makes it easy to pay for your eligible expenses.
Pay with your Inspira Card: When you use it, your expense is automatically paid from your account.
Pay yourself back: Pay for eligible expenses with cash, a check or your personal credit card. Then withdraw funds from your HSA to pay yourself back and have your payment deposited directly into your checking or savings account.
Pay your provider: You may pay your provider directly from your account.
Take care of your HSA and it could grow
You can use your HSA to help maximize your savings — make tax-free contributions and tax-free withdrawals, while gaining tax-free growth.**
Once you reach the minimum balance, you can open an investment account and choose from a variety of mutual funds.
Are you eligible for an HSA?
You’re eligible once you’re enrolled in a qualified high-deductible health plan, with a few exceptions. You may not have:
— Medicare or TRICARE
— Other health coverage that pays out-of-pocket health care expenses before you meet your plan deductible
— A general-purpose health care flexible spending account or health reimbursement arrangement in the same year
— Veterans Affairs medical benefits used in the last three months, unless the hospital care or medical services were for a service-connected disability
— Someone claim you as a dependent on their tax return
HSA tips for you
Check IRS contribution limits and common eligible expense items on InspiraFinancial.com
Save your itemized statements, detailed receipts and any Explanation of Benefits statements for your expense records.
If you use your HSA for ineligible expenses, you’ll need to pay income taxes. Plus, a 20% penalty tax on that amount, unless you’re age 65 or older or disabled at the time.
Keep it simple with the Inspira Mobile app
— Manage your account and view alerts.
— Make payments, withdrawals and deposits.
— Use our barcode scanner to see if an item is an eligible expense.
Download the mobile app: Apple App Store | Google Play Store
Want to learn more?
Just visit InspiraFinancial.com or call us at 1-844-729-3539 (TTY: 711). We’re here to help Monday through Friday, 7 AM to 7 PM CT, and Saturday, 9 AM to 2 PM CT.