Medical Plans

Medical Plans

From your family to your budget, your doctors to your health goals — everything about you is unique. That’s why Smiths Group offers a choice of medical plans. Plans are available through BlueCross BlueShield of IL (BCBSIL) and include prescription drug coverage through Prime Therapeutics.

The HDHP (HSA-Eligible) – This plan has the same comprehensive network of benefits coverage as the PPO for in-network and out-of-network services. Smiths Group will contribute to your HSA, and you may also make pre-tax contributions through payroll deductions to save money on eligible health care expenses such as your deductible, coinsurance, eyeglasses, orthodontics, prescriptions, etc. The Health Savings Account is yours and it does not expire. You must use the account funds for eligible healthcare expenses to avoid potential penalties.

The PPO Plan (PPO) – This plan has the same comprehensive network of benefits coverage as the HDHP Plan for in-network and out-of-network services. Members are not eligible for a Health Savings Account (HSA) unless enrolled in the HDHP Plan but may enroll in a healthcare flexible spending account during open enrollment or within 30 days of a qualified life event.

If you want to understand the differences between the two plans, check out pages 4-5 of the 2025-2026 Benefits Guide located in the Resource Library.

Both plans include:

• Comprehensive medical and prescription drug coverage. Both BCBSIL plans cover the same services, from preventive care to hospitalization and more.
• Access to BCBSIL’s network of healthcare providers.
• The freedom to see any doctor you want, when you want. While you have the freedom to receive care from any doctor, you’ll generally pay less when you go to an in-network provider.
• Covered preventive care paid at 100%, with no deductible when you use an BCBSIL network provider and the diagnosis is preventive.
• Savings and spending account options to help you save on covered expenses. New for Plan year 2025-2026, we have added a limited purpose FSA! Check out the details on the Savings and Spending page.
• Protection against catastrophic costs from illness or injury with an out-of-pocket maximum limit. Note: the limits differ between the plans.
• Powerful tools that give you the information and confidence you need to make smart decisions about your medical care.
• Resources to help you get healthy and stay healthy.