Want to learn more about your BCBS and Health Savings Account benefits? Click here to watch the February 7, 2018, Making the Most of Your Medical Benefits presentation, featuring Blue Cross Blue Shield of Illinois and HSA Bank.

BlueCross BlueShield of Illinois

The university offers both In-Network Only PPO and High Deductible Health Planoptions through BlueCross BlueShield of Illinois (www.bcbsil.com). Both plans offer a full range of health care benefits through BlueCross BlueShield’s Preferred Provider Organization [PPO] network. Additionally, prescription benefits are administered through CVS/Caremark.

The In-Network Onlly PPO option requires a $20 office co-payment for each visit to a primary care physician, a $40 co-pay for a specialist, and no co-pay for preventive/wellness care. The annual deductible for services outside of office visits is $750 for single participants and $1,500 for family, after which the coinsurance rate is 80% until the applicable out of pocket maximum.  There is a separate out of pocket maximum for the prescription component of this plan.

The High Deductible Health Plan (HDHP) with a Health Savings Account (HSA) option has no copayments for any services. Preventive/Wellness care is covered at 100% (not subject to the deductible or coinsurance). For non-preventive/wellness care, all medical and prescription costs are the member's responsibility until the deductible has been met, after which the member pays coinsurance until the applicable out of pocket maximums have been reached.  The annual deductible for in-network services is $1,500 for single participants and $4,500 for family.  For additional information regarding deductibles and out of pocket maximums, please refer to the IIT Health Plan Comparison below under the Forms and Brochures heading.

For those enrolled in the HDHP and who meet other eligibility requirements, the Health Savings Account (HSA) allows individuals to contribute pre-tax dollars up to the annual IRS maximum.  HSAs are set up automatically for HDHP members with HSA Bank (www.hsabank.com).  IIT will contribute $500 for Single, $1,000 for 1+1, and $1,500 for Family tiers for 2022, with 1/12 of the annual contribution deposited to members' accounts at the end of each month. If you are 55 or older, you may also make a $1,000 annual catch up contribution. If you are enrolled in Medicare, you cannot contribute to an HSA. When contributing to the HSA, you may also open a limited purpose FSA to pay for dental and vision expenses. The university allows individuals who have elected the HDHP to change their HSA contributions once per month.  For additional information, please see the HDHP Pamphlet below under the Forms and Brochures heading.

Proof of relationship and eligibility must be provided to include spouse/dependent children on the plan. A civil union partner meeting eligibility criteria may be covered.

The monthly cost of coverage to the employee is based on income as indicated in the chart below.  The university will pay the remainder of the cost.

2022 Health Rates

Policy Manual

Contact Information

  • BCBSIL website
  • BCBSIL phone: 800.828.3116
  • CVS/Caremark website
  • CVS/Caremark phone: 844.283.2795
  • HSA Bank website
  • HSA Bank phone: 800.357.6246

Forms and Brochures

Summary Plan Description

You must have access to the my.iit.edu Portal to download all of the documents below.

Annual Required Notices

You must have access to the my.iit.edu Portal to download all of the documents below.

Price Transparency in Coverage - links to required Machine Readable Files

Health plan price transparency helps consumers know the cost of a covered item or service before receiving care. The Transparency in Coverage Final Rule requires disclosure of the negotiated rates with in-network providers and the historic allowed amounts paid to out-of-network providers, for all health plans available to employers. In addition to the tools available through Benefit Value Advisor (see flier above) files containing this information for IIT's In-Network Only PPO and HDHP plans are published on on Blue Cross Blue Shield's website here. Please note that this link is specific to the Illinois Instutite of Technology's employer sponsored plans.