Under which HIP plan do members receive a POWER account?

Members receive a POWER account under the HIP Plus plan. The POWER account is a key feature of the HIP Plus plan that provides a financial resource to help cover certain healthcare costs. This account is funded by the state and allows members to pay for a portion of their health care services, including copayments and out-of-pocket expenses, which promotes more engaged usage of healthcare services.

The availability of the POWER account is specifically structured to enhance the member's ability to manage their health care expenses, therefore improving access to necessary medical services. Additionally, it helps incentivize healthy behaviors by allowing members to retain unspent funds for future medical needs. Understanding the role of the POWER account and how it works is crucial for those involved with Indiana’s healthcare programs and for helping members maximize their benefits under the HIP program.