Looking Ahead: HRA Transition Period
2022 will be a transition year for those employees enrolled in HRAs available through GE Health Choice Options 1 and 2.
All HRAs are expected to be closed starting January 1, 2023.* Find more information here.
If you are currently enrolled in Options 1 or 2, which have included a company credited HRA, it may be helpful to think about your health plan enrollment decisions for 2022 based on how you use your HRA today, along with your current balance, if applicable. Review the chart below as a first step. Don't know your balance? Visit wageworks.com/ge.
Don’t forget about the new enrollment decision support tool, SmartSelect, and Health Coach from GE. Both tools can help you assess your choices with your needs and preferences in mind.
* Although the anticipated HRA close date is 12/31/2022, HRA claims may be submitted for reimbursement until 6/30/2023 for those who have an HRA balance on the HRA close date.
** If you switch to option 3, you can continue to submit eligible HRA claims through June 30, 2022 for claims incurred prior to the end of 2021. Any unused credits after June 30, 2022 will be forfeited.
This guide provides highlights of the changes to GE’s health and welfare plans. If there are any conflicts between this document and the plan documents, the plan documents prevail. Please note that some employees may be ineligible to participate in GE benefits.
The General Electric Company reserves the right to terminate, amend, suspend, replace or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a GE welfare benefit plan or program.
The HIPAA Notice of Privacy Practices was updated effective January 1, 2020. This document is available at OneHR.ge.com > Health Care > Notice of Privacy Practices.