How does the MCAP Grace Period affect my card?
The State of Illinois has elected to utilize an MCAP Grace Period which allows a participant to use up any MCAP funds that are left over from the previous plan year within the first 2-1/2 months of the new plan year. If you have funds left over from a previous plan year, you must submit any run-out paper claims from the previous plan year and ensure they have been processed BEFORE using your payment card. When using your payment card or submitting current year paper claim reimbursements at the beginning of a new plan year, the previous years MCAP funds will be used first to pay for your eligible expenses. This could potentially deplete the remaining funds and prevent payment on any outstanding paper claims.
