Savings Accounts
Depending on which medical benefit plan you enroll in, you will be eligible for a savings account specifically for health expenses. 

Enrolling in plans 1-5 will give you access to a Flexible Spending Account (FSA) and/or a Health Reimbursement Account (HRA). Enrolling in plans 6-7 will give you access to a Health Savings Account (HSA) and/or a Health Resimbursement Account (HRA). During open enrollment, you can choose to add funds into the savings account you have access to, FSA or HSA, by communicating with American Fidelity. The district may also make contributions to those savings accounts, depending on how much your insurance premiums are. 

Per the negotiated agreements, if an employee is enrolled in any plan and their premiums do not total the district contribution, the remaining district contribution will go into the employee chosen account. Eligibility is limited to the types of accounts permitted with the plan the employee is enrolled in. 

Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) operate in a very similar way. They are meant to cover health expenses over the year, such as co-pays, prescriptions, doctor office bills, etc. Funds can also be spent online at the FSA/HSA store website. The main difference between FSA and HSA is the timeline for when you have to spend the funds. The FSA starts over each benefit year, meaning you have to spend the funds between Oct 1 and Sept 30. If you don't spend the funds, or you stop working for the district, the money disappears. The HSA rolls over every year, meaning you don't have to spend the funds this year or next, but instead can save up the funds forever. If you stop working for the district, the funds will stay in the HSA and go with you.