HealthFund FAQs

• What is a HealthFund?
• Is the HealthFund part of my deductible?
• What expenses can be paid from my HealthFund?
• If I have out-of-pocket expenses in one year, can I carry those claims over and pay for them with money in my HealthFund the following year?
• Will each of my dependents have their own HealthFund?
• If I have money left in my HealthFund at the end of the year, can I take the balance in cash?
• How can I find my HealthFund balance?
• What happens to my HealthFund balance if I leave Lockheed Martin?
• Is the HealthFund account taxable?
• Can I use my HealthFund to pay my employee contributions for health care coverage?
• If I know I’m going to have costly specialist visits later in the year, should I save my HealthFund balance and pay for other medical services out of pocket?
• How does my Health Care Spending Account (HCSA) interact with my HealthFund?
• If I know a claim is going to be applied to my deductible, can't I just send it to my Health Care Spending Account for reimbursement instead of submitting it to the HealthFund?
• If my unused HealthFund amounts can roll over to the next plan year, why can't my unused Health Care Flexible Spending Account (HCSA) balance roll over to next year?
• If I receive care from an out-of-network provider, how is the cost of that care charged against my HealthFund?
• If I know that I have used all the money in my HealthFund and that my next covered charges are my responsibility, should my doctor bill the plan or should I just pay my doctor at the time of my visit?
• How can I build the balance in my HealthFund?
• What is the amount charged against my HealthFund total when I use in-network services- the full rate or negotiated rate?
• How does the HealthFund help me reduce my deductible amounts?
• Why doesn’t my HealthFund Balance on the Aetna member website show all of the credits I’ve earned, even though the Incentive Reward page says I’ve already earned them?
• What does family or individual cap limit mean?
• How does the HealthFund work?
• How will my Preventive Care Healthy Action incentive be processed? Do I need to do anything?
• How long does it take to receive credit for the Preventive Care Healthy Action incentive?
• Can I get a Preventive Care Healthy Action incentive for each preventive care screening/exam I have during the plan year?
• Does preventive care received at an onsite Wellness Center qualify for the Preventive Care Healthy Action incentive?
• I noticed there is no mention of HealthFund credits for participating in the Tobacco Cessation program. Is the program no longer offered?
• Do I get any incentive for participating in the Aetna One Choice (A1C) Condition Management program?
• My spouse and I are both LMC employees. We are currently covered under my LMHW plan but want my spouse to become the subscriber instead. Will the HealthFund credits we’ve accumulated under my plan transfer to our new coverage?