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HIP POWER Account

POWER Up to HIP Plus

Power Up to HIP Plus. A Healthy Indiana Plan. More Benefits. Lower Costs.

Remember, HIP Plus is the preferred plan for all HIP members. HIP Plus is the best value because it provides health coverage for a low, predictable monthly cost. With HIP Plus, you get dental, vision and chiropractic coverage – and no copays!

POWER Account stands for “Personal Wellness and Responsibility” Account. The POWER Account is a special savings account designed to provide incentives for members to stay healthy and use services in a cost-efficient manner.

Every Healthy Indiana Plan member gets a POWER Account, which is set up with $2,500 in his or her name. 

In the HIP program, the first $2,500 of medical expenses for covered services are paid with the POWER Account. The state will contribute most of the amount. If you are required to make a payment, depending on your eligibility status, your payments go towards the $2,500 as well. The amount of your contribution amount is based on your income.

When you pay your monthly POWER Account contribution, it is deposited into your POWER Account. You will receive monthly statements that show you how much money you have remaining in your POWER Account. However, covered services are still paid for by MHS, even after all the money in your POWER Account has been used.

If you manage your health and your POWER Account wisely, you may have money left in your account after 12 months that can be used to LOWER your contributions for the next year of coverage. Every 12 months, you will get a new $2,500 POWER Account to pay for HIP covered medical expenses. If you have money left after 12 months, your cost to continue in HIP may be reduced by rolling over unused funds. For HIP Plus members, if you get recommended preventive care services throughout the year, the leftover funds will be doubled.

Members in the HIP Basic plan also have a POWER Account, but since they are not making contributions, the reward for receiving preventive care is different. If you were enrolled in HIP Basic, received preventive care and did not use all of your POWER Account, you may get a discount of up to 50% on the cost of enrolling in HIP Plus. You will have a chance to move to HIP Plus at the time your rollover is determined.

Show your HIP member ID card every time you visit the doctor, pharmacy, hospital, or any other healthcare provider. Healthcare providers can use your HIP member ID number to review your benefits, and can let you know if you owe any copayments at the time of your visit.

Healthcare Costs

View our list of healthcare costs on the Brochures and Guides page to see how much a healthcare check-up normally costs. This can help you balance your POWER account budget.

Last Updated: 01/15/2021