What am I supposed to do with this card?

Transcription

1 You got this card in the mail. Which leads you to ask, What am I supposed to do with this card? This card will help you pay f out-of-pocket health care expenses. Which medical option are you enrolled in? I m enrolled in Consumer Choice I m enrolled in another Disney medical option I declined medical coverage through Disney

2 You Have a Health Savings Account (HSA) How Is the Account Funded? Disney Disney contributes $500 (if you re covering yourself only) $1,000 (if you re covering yourself and others). Wellness Rewards You and your covered spouse/partner can each earn up to $300 which Disney credits to your account. You After Disney s contributions, you can contribute the difference up to IRS limits (including catch-up contributions if you re 50 older). How Do I Pay f Services? Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. What if I don t have enough money in my HSA to cover an expense, especially early in the year?

3 You Have a Health Savings Account (HSA) How Is the Account Funded? Disney Disney contributes What if $500 I don t (if have enough money After Disney s contributions, You and in my your HSA covered to an expense, you can contribute the you re covering especially yourself only) early in the year? spouse/partner can each earn difference up to IRS limits $1,000 (if you re covering up to $300 which Disney credits The HSA wks like a checking account in that you can only spend as much as you have. (including If you have an catch-up contributions yourself and others). to your account. expense that exceeds your available balance, pay it with cash, check your personal credit card. if Then, you re pay 50 older). yourself back later in the year when you have enough money in your HSA. You can also increase the amount of your paycheck contributions (within IRS limits) to build your HSA balance me quickly. How Do I Pay f Services? Wellness Rewards You Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. What if I don t have enough money in my HSA to cover an expense, especially early in the year?

4 Did You and/ Your Covered Spouse/ Same-Sex Domestic Partner Earn Wellness Rewards? Yes No

5 Did You Elect to Contribute to the Health Care Flexible Spending Account (FSA) in 2014? Yes No

6 Did You Elect to Contribute to the Health Care Flexible Spending Account (FSA) in 2014? Yes No

7 Did You Elect to Contribute to the Health Care Flexible Spending Account (FSA) in 2014? oops! You don t have a card yet, but if you ve enrolled in a Disney medical option f 2014 and you do earn your wellness rewards in 2014 you can expect to receive one in the mail. Yes No

8 You Have a Health Reimbursement Account (HRA) and Health Care Flexible Spending Account (FSA) How Are the Account(s) Funded? Wellness Rewards You and your covered spouse/same-sex domestic partner can each earn up to $300 in wellness rewards which Disney credits to your HRA. You You can contribute to the Health Care FSA through pre-tax payroll contributions, up to IRS limits. How Do I Pay f Services? Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. How do these accounts wk together?

9 You Have a Health Reimbursement Account (HRA) and Health Care Flexible Spending Account (FSA) How Are the Account(s) Funded? How do these accounts wk together? If you have an HRA and a Health Care FSA, you ll use the same PayFlex Card Wellness Rewards f both accounts. Qualified health care expenses will be paid from your Health Care FSA balance first. (This is because of the use it You lose it rule that applies to the Health Care FSA.) Once you have spent all funds in your Health Care FSA, You and your covered spouse/same-sex domestic qualified health care expenses will be paid from your HRA. You can contribute to the Health Care FSA through partner can each earn up to $300 in wellness pre-tax payroll contributions, up to IRS limits. rewards which Any remaining Disney balance credits in your to your HRA will HRA. roll over to the following year, as long as you wk f the Company. If you then have an expense that exceeds your available HRA balance, you ll need to pay with cash, check personal credit card. If you earn wellness rewards later in the year, you may request reimbursement after the money is credited to your HRA. How Do I Pay f Services? Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. How do these accounts wk together?

10 You Have a Health Reimbursement Account (HRA) How Is the Account Funded? Wellness Rewards You and your covered spouse/same-sex domestic partner can each earn up to $300 in wellness rewards which Disney credits to your HRA. Rewards are credited to your account 4-6 weeks after they are earned. How Do I Pay f Services? Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. What if an expense exceeds my current balance?

11 You Have a Health Reimbursement Account (HRA) How Is the Account Funded? What if an Expense Exceeds my Current Balance? Wellness Rewards If you have an expense that exceeds your available HRA balance, you ll need to pay with cash, check You and your personal covered credit card. spouse/same-sex If you earn wellness domestic rewards later partner in the year, can you each may earn request reimbursement after the up to $300 in wellness rewards toward your HRA. Rewards are credited money is credited to your HRA. to your account 4-6 weeks after they are earned. How Do I Pay f Services? Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. What if an expense exceeds my current balance?

12 You Have a Health Care Flexible Spending Account (FSA) How Is the Account Funded? You You can contribute through pre-tax payroll deductions, up to IRS limits. How Do I Pay f Services? Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. What if an expense exceeds my current balance?

13 You Have a Health Care Flexible Spending Account (FSA) How Is the Account Funded? How Do I Pay f Services? What if an Expense Exceeds my Current Balance? You As long as your annual contribution exceeds the cost of a service, you can pay the full cost of the service using YouJe your Health can Care contribute FSA. The entire through amount pre-tax you have payroll elected to contribute f the year is available to you immediately even deductions, if it hasn t yet up been to deducted IRS limits. from your pay. F example, if you are contributing $1,000 to your account f 2014 and you have a $750 expense in February, you can pay the full $750 expense with your Health Care FSA even though you haven t contributed $750 total to your account as of that time of year. Your PayFlex Card wks just like a nmal debit card swipe it, give the number to your provider. Pay your provider make a withdrawal online through the mobile app. What if an expense exceeds my current balance?

14 When Do I Pay f Services? F Medical Services: If a copay applies... F Prescription Drugs: At the pharmacy... You pay at the time you receive care. If a copay does not apply... An Explanation of Benefits (EOB) statement is mailed to you f your claim. It shows how much you owe your provider, if anything. You pay when you pick up your prescription. Through home delivery... You are charged via your preferred billing method when you submit a prescription refill. Your provider sends a bill f any balance you may owe, such as deductible coinsurance amounts. You then pay your provider - either by entering the credit card number on the bill by authizing a payment to your provider on the PayFlex website.