POWER Account

A POWER Account is similar to a deductible. It is the amount you have to pay before the insurance company will cover the remaining costs.
POWER Accounts are funded in an amount equal to $2,500 for every HIP member. 
The POWER Account is funded through one or more of the following:  
MDwise POWER Accounts can not be used for:
  • Preventive care services.
  • ER copayments.
  • Copayments for medical services for HIP Basic members.

As a member of the Healthy Indiana Plan, there are special rules to follow. Once you are eligible for the Healthy Indiana Plan, you will get a letter that will let you know what your monthly contribution is. You must pay this each month.

Reminder: If you are a HIP Plus member and you do not make your POWER Account payment, you may be disenrolled or moved to HIP Basic, depending on your income. If you are disenrolled due to non-payment, you can not re-enroll in HIP for 6 months. We will send you a statement each month to remind you a payment is due. There will be a 25% penalty on the remaining balance of your contributions in your POWER Account.

After you make your initial contribution, the Healthy Indiana Plan will add the State portion of the funds you will need to get health care services. This money will go into your POWER Account.