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What is the automatic reimbursement?

automatic Reimbursement
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What is the automatic reimbursement?

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The automatic reimbursement allows expenses from the Comprehensive or Catastrophic medical plans to automatically rollover to your Health Care Spending Account since they are administered by Principal. This eliminates the need to fill out paperwork to get medical expenses reimbursed. Your Explanation of Benefits from Principal will tell you if your deductible and/or co-insurance amount has been rolled over to the Health Care Spending Account Department. You will still need to complete a reimbursement form for HMO co-pays and for any other expenses. You cannot participant in the automatic reimbursement if you have more than one medical insurance.

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