FirstEnergy provides eligible employees with an annual company contribution each January to help save for future health care expenses. This contribution defaults into a health savings account (HSA) for employees enrolled in the FirstEnergy Consumer HDHP or Enhanced HDHP and into your Fidelity 401(k) Savings Plan for all others. You can elect to receive a taxable cash payment during each benefits open enrollment period in the fall as an alternative.
Contributions are based on medical plan and tier enrollment on January 1 of each year:
- $500 for single medical coverage or waived medical
- $1,000 for two-person/family medical coverage
You can confirm receipt of this contribution by:
- Contacting HealthEquity at 1-877-713-7712 or www.healthequity.com/firstenergy for a HSA contribution
- Contacting Fidelity at 1-800-982-3451 or www.netbenefits.com for a 401(k) Savings Plan contribution
Refer to your collective bargaining agreement to determine if you are eligible.
