top of page
  • myHSA

For Plans that Renew January 1, 2024

Updated: Mar 15

January 1 annual plan renewals will occur with the following balance adjustments:



1. Employees with Credit Carryover:

   - Unused 2023 credits move to Carryover balance.

   - Unused 2022 credits move to Reserve balance, available only for the Grace Period.

   For claims:

   - 2024 claims use Carryover first, then Current funds.

   - 2023 outstanding claims use Reserve Funds first, then Carryover funds during the Grace Period.


2. Employees without Credit Carryover:

   - Unused 2023 credits move to the employee's Reserve balance.

   For claims:

   - 2023 outstanding claims use Reserve balance during the Grace Period.


3. Employees on a myFlexplan:

   - Allocate new balance received on January 1.

   - Prior year funds remain allocated in the same accounts. Employees can review their existing account balance before making current year decisions.


Important Dates for Plan Admins and Employees:

Last day to allocate: January 30, 11:59pm (PST)

Grace period end date: March 31, 11:59pm (PST)

Download our complete myFlexplan Allocation Guide below

Download PDF • 507KB

188 views0 comments


bottom of page