In the Healthy Indiana Plan program, the first $2,500 of medical expenses for covered benefits are paid with a special savings account called a Personal Wellness and Responsibility Account. The state will pay most of this amount, but each member is also required to make a monthly contribution toward their health coverage into their POWER Account. The member contribution is based on income and will be between $1 and $20, but may be higher for members that smoke. The minimum contribution is $1 per month.
Managing the POWER Account and seeking preventive care can reduce the member’s future costs. If the applicant’s annual health care expenses are less than $2,500 per year, he or she may reduce the monthly payment for the next year. Members can also have their monthly payment reduced even more if they complete preventive health services. If their annual health care expenses are more than $2,500, the first $2,500 is covered by their POWER Account, and additional health services are fully covered at no additional cost to the members.