Understand what s new and think differently...

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Understand what s new and think differently..."

Transcription

1 Understand what s new and think differently... Together, we can think differently about our new programs and benefit options that are designed to help you make wiser, healthier choices. Annual enrollment: October 14 25, 2013

2 2014 at-a-glance We are asking you to think differently about your health care benefits. For 2014, you ll have new medical options to consider, new ways to pay for your health care and new ways to maintain and improve your health. That s why it s more important than ever to consider your options and decide on the type of coverage you want. You will find more details on the following pages and in your 2014 online enrollment guide available September 30 at What s new You can choose between two new medical options (or opt for no coverage ): Active Health Option Standard Medical Option Aetna will be our sole health care carrier; UnitedHealthcare will no longer be available A Health Reimbursement Account, funded by New York Life, will be available if you participate in the Active Health Option We are offering health incentives if you, your spouse, or domestic partner participate in the Active Health Option and complete healthy activities (e.g., get an annual physical) We are increasing our focus on preventive care, starting with 100% in-network coverage of preventive services and clearer definitions of what s considered preventive and what s not We are enhancing our current health management programs and introducing new ones available no matter which option you choose to help you obtain the best possible care Prescription drug benefits will change next year A new debit card, called the PayFlex Card, will allow you to pay for eligible expenses from both the Flexible Spending Account (FSA) for Health Care and your HRA in the Active Health Option 2

3 Why we re making changes We re changing our health care options starting next year to offer sustainable health care benefits, help us manage rising health care costs, and provide programs that focus on your health. We needed to think differently about our health care coverage, and we re asking you to think differently, too. New York Life will continue to offer valuable benefit programs, resources, and tools but it s up to you to use them to your best advantage. Making informed decisions, using your benefits wisely, and participating in relevant health programs can help you enhance your overall health and well-being and also manage your health care costs. Our two new medical options are designed with these goals in mind. And, the Active Health Option can also help you be a better user of health care, and as a result, stay healthy or become healthier. 3

4 New medical options You have a choice between two new medical options for 2014: The Active Health Option with a Health Reimbursement Account works like a traditional Preferred Provider Organization (PPO), but has a Health Reimbursement Account (HRA) funded by New York Life. With this option, you can access the money in your HRA with a debit card and use it to pay your deductible and other medical expenses. The Standard Medical Option works like a traditional PPO with a network of doctors, hospitals, and other health care providers who have agreed to provide their services at reduced rates to members. Both options cover the same services and have the same Aetna network of providers, called Choice POS II. Both offer the same prescription drug coverage through Express Scripts. The tables below show in-network and out-ofnetwork benefits, so you can see the similarities and the differences between the two options. With both options, you can use in-network or out-ofnetwork providers. However, the plan pays more when you obtain care in-network. Summary of benefits Feature Active Health Option Standard Medical Option In-network Out-of-network In-network Out-of-network Annual deductible $1,600/individual $3,200/family $3,200/individual $6,400/family $1,250/individual $2,500/family $2,500/individual $5,000/family Annual out-ofpocket maximum (includes deductibles) $4,600/individual $9,200/family $9,200/individual $18,400/family $3,750/individual $7,500/family $7,500/individual $15,000/family Coinsurance Pays 90% after you meet your deductible Pays 50% after you meet your deductible Pays 80% after you meet your deductible Pays 60% after you meet your deductible 4

5 Comparing the options Feature Active Health Option Standard Medical Option Health Reimbursement Account (HRA) Has an HRA funded by New York Life, with annual rollover of unused funds* Does NOT have an HRA HRA funding Provides contributions and health incentives to encourage healthy behaviors (see tables on pages 6 and 7) Not applicable Preventive care Covers in-network preventive care and immunizations at 100% Deductibles Separate deductibles for in-network and out-of-network services Out-of-pocket maximums Out-of-pocket maximums include all deductibles and coinsurance for both medical expenses and in-network prescription drugs. After you reach this amount, the plan will pay 100% of covered services for the rest of the year Separate out-of-pocket maximums for in-network and out-of-network benefits *Employees who plan to leave the company should check with a Benefits Center representative about the HRA. Separate out-of-pocket maximums: an example Out-of-pocket maximum amount (individual coverage) $4,600 $2,500 spent out-of-pocket In-network $9,200 $1,000 spent out-of-pocket Out-of-network In both of the new medical options, the out-of-pocket maximums for in-network and out-of-network expenses are separate. So in-network expenses you pay out-ofpocket count toward the in-network maximum, and out-of-network expenses you pay out-of-pocket count toward the out-of-network maximum. They are not combined, as shown in this example for an individual covered under the Active Health Option. 5

6 With the Active Health Option, you have a Health Reimbursement Account to help you pay for health care If you participate in the Active Health Option, you will receive contributions from New York Life to an HRA. In 2014, there will be three types of contributions: transition dollars, consumer dollars, and health incentive dollars. Plus, if you cover your spouse or domestic partner, you will receive additional HRA contributions for them. Note that the HRA is a notional account, not a bank account. Three types of HRA contributions in 2014 HRA contributions Features Amounts Transition dollars One-time contribution for 2014 only $200 if you cover yourself only $400 if you cover your spouse or domestic partner Consumer dollars Amount based on benefits salary Helps pay for current medical expenses or save for future expenses Up to $600 if you cover yourself only Up to $1,200 if you cover your spouse or domestic partner Health incentive dollars Earn additional dollars by completing healthy activities (see table on page 7) Encourages healthy behaviors Up to $400 if you cover yourself only Up to $800 if you cover your spouse or domestic partner Benefits salary Consumer dollars New York Life gives you If you cover yourself only If you cover your spouse or domestic partner Less than $50,000 $600 $1,200 $50,000 - $99,999 $400 $800 $100,000 - $149,999 $200 $400 $150,000 or more $0 $0 What is a Health Reimbursement Account? A Health Reimbursement Account, or HRA, is set up so that you can pay for current or future eligible medical expenses. New York Life makes contributions on your behalf, and you decide when to use them. In addition to these contributions, any health incentives you earn are deposited in your account to help you pay for health care. Any money remaining in your account at the end of the year will roll over to the next year, as long as you work at New York Life. 6

7 How health incentives work In 2014, you can earn health incentive dollars for your HRA simply by completing the following healthy activities. The more you engage in healthy behaviors, the more you will receive. Keep in mind, the health incentives may change from year to year, aligning with the health needs of our workforce. The table below shows just some of the activities for which you can receive health incentive dollars in Activity Health incentive dollars Complete the Walk Me Through tool on the Personal Health Record on $50 Get an annual physical from your primary doctor or a well-woman exam from your OB/GYN $100 Take the online health assessment questionnaire that is part of the Simple Steps to a Healthier Life program; you ll receive a summary of your results and suggestions for programs or activities that can improve your health When applicable, respond to a confidential call from a Care Advocate Nurse from Aetna who will work with you to create a personalized care plan $100 $75 When applicable, complete the personalized care plan $75 Keep in mind you can earn incentives only after your coverage under the Active Health Option begins in All health coverage available through Aetna Beginning January 1, 2014, Aetna will provide all health care coverage. We made the decision to consolidate our coverage with a single carrier after conducting a careful analysis of many factors, including which providers are used by our employees and their families. Most doctors participate in multiple networks. This means if you currently have coverage through UnitedHealthcare, you will not necessarily have to change doctors. However, you should check to see if your health care providers are in the Aetna network before receiving care. You can visit our microsite at to see if your doctor is in the network or find a new one, if needed. If you currently use UnitedHealthcare, you will receive more information on how to transition your care to Aetna, including preauthorizations, prescriptions, ID cards, and more. Log onto the microsite at and go to DocFind (www.aetna.com/docfind/custom/nyl), a user-friendly tool to help you find doctors near you. DocFind is available now, so you can check to see if your current doctors are in the Aetna network. 7

8 New or enhanced health management programs We recognize the health care system is complicated and that treatment decisions can be hard to make. To help you navigate the system and manage your health, New York Life is providing a range of resources through Aetna. The primary resource is the Aetna Care Advocate Program. Here s how it works. You and your family will have a personal Care Advocate Nurse available to you from Aetna. He or she can answer health care questions and identify the services and resources that might be helpful for you. Your nurse can provide support if: You have a health issue that requires surgery or hospitalization. The nurse can help you understand what to expect and suggest the questions you should ask your doctor beforehand You have a chronic condition, such as diabetes, asthma, or heart disease. The nurse can help you manage your condition and stay well You need information about treatment alternatives, for example, if your doctor recommends back surgery, hip replacement, or a hysterectomy You need to consider post-surgery home care The nurse will coordinate all the resources Aetna provides, so you don t have to you just have to focus on getting well. The Aetna Care Advocate Program is voluntary and confidential Your health information is protected by federal privacy laws, just as your health care claims are confidential. New York Life does not have access to your personal health information. In addition,we will also re-launch or introduce the following programs starting January These include: Aetna Resources for Living offers access to short-term support for a variety of issues, including mental health, marital, and child/elder care issues Surgery Decision Support Tool guides you through the process of making decisions about surgery WellMatch helps you see the range of choices available for obtaining care for both providers and costs Best Doctors provides a second opinion by a panel of independent physicians on a treatment your doctor is recommending. Visit and to learn more about how these programs work. Aetna Concierge As a member, you ll be able to take advantage of Aetna s concierge service starting January 1, If you have a question about a diagnosis, are looking for a doctor, or want to check your coverage or look up a claim, you can contact Aetna Concierge online at or by calling the number on your member ID card at any time between 8:00 a.m. and 6:00 p.m. 8

9 New prescription drug coverage Your prescription drug coverage will change next year. Coverage is provided through Express Scripts and is the same for both medical options. When you fill your prescriptions at a retail pharmacy, you need to use an Express Scripts network pharmacy to receive benefits from the plan. You also receive benefits and save money when you use the mail order service for maintenance medications. Go to for a list of in-network pharmacies and to learn more. What you pay for prescriptions Retail pharmacy You pay In-network Out-of-network Generic 20% (no less than $10, no more than $20) Formulary 30% (no less than $30, no more than $80) No coverage Non-formulary 50% (no less than $50, no more than $120) If you take maintenance medications, ask your doctor for a prescription for a 90-day supply of your drugs. The mail order program will save you money, since you can purchase a 90-day supply of your medication through the mail for less than it would cost you at a retail pharmacy. Mail order You pay Generic 20% (no less than $25, no more than $50) Formulary 30% (no less than $75, no more than $200) Non-formulary 50% (no less than $125, no more than $300) No matter which medical option you choose, you can elect to contribute to a Flexible Spending Account (FSA) for Health Care and pay for certain out-of-pocket health care expenses on a pre-tax basis. You can use the money in your FSA for eligible medical, prescription drug, dental, vision, and hearing care expenses for you and your family members. 9

10 Accessing funds in your FSA for Health Care and your HRA If you are in the Active Health Option, you will be able to access balances in both your FSA for Health Care and your HRA using the PayFlex Card, a debit card that enables you to use the money in both accounts to pay for eligible expenses. The money from your FSA will automatically be used before your HRA funds. This is different from the way the current HRA and FSA coordinate now. In addition, you can use the FSA to reimburse yourself for that portion of your deductible the HRA does not cover. If you are in the Standard Medical Option, you can use the PayFlex Card for eligible expenses for your FSA for Health Care. Health Care Reform updates Beginning January 1, 2014, the Patient Protection and Affordable Care Act (PPACA) requires most Americans to have health insurance this is called the Individual Mandate. Without health insurance, a tax penalty may apply. All Americans will have the option to purchase health care coverage through a health insurance marketplace, also known as an exchange. To help you evaluate all your options, New York Life will provide a notice that features information about the new public insurance marketplace. However, if you are benefits-eligible, the New York Life medical options will likely be the more cost-effective choice for you. Our medical options provide our employees with comprehensive and affordable coverage. Managing your health is in your best interest The two new medical options available in 2014 offer a new way to think about how you use and pay for your health care and will require you to think differently than you have in the past. Here are a few simple tips: Take advantage of preventive care services Manage any chronic conditions you may have Understand alternatives before obtaining treatment Consider the cost of services Keep in mind, with the Active Health Option you have the opportunity to be rewarded for your efforts to engage in healthy activities and manage costs. 10

11 Important reminders If you do not actively enroll: If you are currently enrolled in a New York Life medical option, you will default to the Active Health Option and cover the same eligible dependents you cover now. If you are not currently enrolled in a New York Life medical option, you will default to no coverage. Preventive care exams Preventive care and immunizations are covered at 100% when you receive care from an in-network doctor. You generally do not need to meet your deductible first. Preventive care includes annual physicals for men and women, well-woman or well-child visits, and most related lab work. It also includes many age-appropriate screenings such as mammograms and colonoscopies. Keep in mind that the services considered preventive are determined by federal guidelines (for example, an annual GYN exam is considered preventive, but a screening for skin cancer is not). Be sure to check and see if a doctor s visit or procedure is considered preventive before you receive services. As a reminder, if you are in the Active Health Option, in 2014 you can earn a $100 health incentive simply by getting an annual physical or annual well-woman exam. For more information on preventive care, including age- and gender-specific health screenings, visit Flexible Spending Accounts Flexible Spending Accounts (FSAs) for Health Care and Dependent Care do not roll over from year to year. The limited purpose FSA for Health Care will be discontinued for those who currently have an HSA. If you want to participate in either or both accounts next year, you must enroll during annual enrollment. In 2014, your FSAs can be used to cover eligible out-of-pocket expenses incurred until March 15, You will have until March 31, 2015 to submit your claims. You cannot combine FSAs for Health Care and Dependent Care. You can claim your dependents out-of-pocket health care expenses from your FSA for Health Care, NOT your FSA for Dependent Care. Use the tools on the Your Benefits Resources (YBR) website to help you determine the most appropriate amount to contribute to the FSAs. Calculate carefully, as the FSAs are use it or lose it. FSA for Health Care The FSA for Health Care can be used for all eligible outof-pocket medical, prescription drug, dental, vision, and hearing care expenses for you and your eligible dependents. Visit the FSA section of for information about eligible expenses. The IRS contribution limit for 2014 is $2,500. FSA for Dependent Care The FSA for Dependent Care can be used for caretaker services for children, disabled dependents, or elderly relatives whom you list as dependents on your federal income tax return. It cannot be used for expenses for overnight camp or for children age 13 or older for any reason. This FSA cannot be used for medical expenses. The IRS contribution limit for 2014 is $5,000 (per household). 11

12 Dependent eligibility As you decide on your benefit elections for you and your family, make sure your dependents are eligible for coverage under the New York Life plans. Eligible dependents include: Your spouse Your children under age 26 Domestic partners and their children Refer to your Summary Plan Description (SPD) for a complete list of eligible dependents. Please be aware that in 2014, we will require both new and existing employees to provide documentation to support the eligibility of all dependents. For example, you will need to provide marriage and birth certificates for your spouse and children, respectively, or certification of your domestic partnership. We will provide more information about these requirements in Updating your address and contact information It s important to make sure your address is correct on YBR, as it is used for benefits and claims correspondence. If you have moved, use Employee Self Service from the company Intranet (home page>work & Life>Change Address under Life Events ). Enter your Universal ID and password, select the Employee tab at the bottom of the screen and then Address from the left navigation bar, then select change. You can also update your phone number on the address screen. 12

13 What happens next In the coming weeks, you ll have various tools and resources available to help you understand the changes to our benefit plans. Microsite where you ll find all your enrollment information, including videos that explain features of the Active Health Option, and be able to link directly to YBR Interactive, online enrollment guide available on our new benefits microsite starting September 30 Health Care AnswerLine staffed by representatives who will be able to answer questions about changes to your medical benefits and about the enrollment process Webinars and live seminars that will explain how the new options work YBR website and InfoLine that will provide various tools to help you determine the level of coverage you need (for example, the Life Insurance Estimator and the Medical Expense Estimator) 13

14 Enrollment resources Resources Where to find it Why to contact Microsite Visit the microsite for information about your benefits for 2014 Link to resources and tools, including the YBR enrollment site Your online enrollment guide Health Care AnswerLine Webinars and live seminars (866) (866) Review detailed information about all your 2014 benefit options Available September 30 on the microsite Call with questions about changes to your medical benefits and the enrollment process Register to attend a webinar or live seminar to help you understand your medical options Your Benefits Resources (YBR) website and InfoLine hewitt.com/newyorklife (888) Enroll in your 2014 benefits View your elections and make changes Access comparison charts and other helpful enrollment tools Remember to... Enroll between October 14 and October 25 Enroll for both 2013 and 2014 if you were hired on or after October 1 Review the dependents you cover under your New York Life benefits and make sure they are eligible for coverage Update your address and contact information if needed 14

15 Important Note: The information presented in these materials is intended to assist you in electing benefits, benefits options, and coverages under the Group Plan for New York Life Employees ( Group Plan ), the New York Life Insurance Company Flexible Benefits Plan ( Flexible Benefits Plan ), and if applicable, the New York Life Insurance Company Executive Officer Life Plan ( Executive Officer Life Plan ) or the New York Life Insurance Company Officer Life Plan ( Officer Life Plan ) (collectively, the Plans ). It is necessarily brief and provides only a general description. You should refer to the applicable Summary Plan Descriptions for more information. This information also discusses changes to benefits options for Please keep this information with your Summary Plan Descriptions and other important benefits materials. Specific benefits, options, requirements, and exclusions will be determined only by the terms and conditions contained in the relevant plan documents. In the event of any conflict between (1) the plan documents and (2) this information, the provisions of the plan documents will govern. New York Life reserves the right to change or terminate all or part of the program, or all or any of the Plans, at any time without notice to, or consent of, employees, retired employees, or their dependents or beneficiaries. Specifically, the Company may at any time terminate or modify any coverage for any or all employees and retired employees, including, those not yet covered or receiving benefits, and those already covered or receiving benefits. No attempt is made to offer tax or other advice with respect to the choices available under the program or offer solutions to individual problems. For that advice, you should consult your own professional advisers. Important Note about HRAs: The use of terms such as contribution, dollars, funds, rollover and funding in these materials is for illustrative purposes only. The HRA is a notional, bookkeeping account. No actual funds are set aside in an account for you or otherwise segregated for purposes of the HRA, and all HRA payments come from the general assets of the Company. HRAs do not earn interest, and New York Life is not permitted to refund to you, and you are not permitted to withdraw, any part of the HRA. HRA amounts may never be used for anything but reimbursements for qualified medical expenses. Amounts remaining in your HRA account can generally be carried over to the next year, except in certain circumstances. If you leave New York Life and are not eligible for retiree medical coverage, your unused HRA balance will generally no longer be available for qualified medical expenses incurred following your termination of employment. However, if you elect COBRA coverage following your termination of employment, you should contact the Benefits Center regarding the availability of any unused HRA balance. New York Life reserves the right to amend or terminate the options and coverages available under the Group Plan at any time, including HRAs. In the event New York Life does not offer or discontinues HRAs, any HRA balances may revert to the Company and no longer made available to you. The Health Care AnswerLine is provided by The Ayco Company L.P. 15

16 What s New Employee Version Sept 2013

2015 HSA Plan Quick Guide

2015 HSA Plan Quick Guide 2015 HSA Plan Quick Guide The HSA Plan consists of two parts that work together to give you more control over how you receive and pay for medical care and services, both now and in the future: the Health

More information

Consumer Driven Health Plan (CDHP) with Health Savings Account (HSA)

Consumer Driven Health Plan (CDHP) with Health Savings Account (HSA) Consumer Driven Health Plan (CDHP) with Health Savings Account (HSA) Interact with this ebrochure. Here s how. This ebrochure is designed for onscreen viewing, allowing you to navigate through the document

More information

Learn What s New. Aetna High Deductible Health Plan with Health Savings Account Quick Guide

Learn What s New. Aetna High Deductible Health Plan with Health Savings Account Quick Guide Take Care Learn What s New Aetna High Deductible Health Plan with Health Savings Account Quick Guide The Aetna High Deductible Health Plan (HDHP) with a Health Savings Account (HSA) is designed to give

More information

A Guide to Using your Consumer-Directed Health Plan (CDHP)

A Guide to Using your Consumer-Directed Health Plan (CDHP) A Guide to Using your Consumer-Directed Health Plan (CDHP) and Health Savings Account (HSA) A Guide to Using Your At The Hartford, we offer competitive benefits and programs to help you live well and coverage

More information

HEALTH CARE CHOICES FOR ELIGIBLE RETIREES

HEALTH CARE CHOICES FOR ELIGIBLE RETIREES HEALTH CARE CHOICES FOR ELIGIBLE RETIREES Effective 2013 table of contents > Page 2 3 Retiree Medical Plan Overview 3 Plan Highlights and Eligibility 5 Non-Medicare Eligible Retiree Component 6 Aetna PPO

More information

Blue Shield of California Consumer Directed Health Plan with Health Savings Account (CDHP with HSA) Frequently Asked Questions

Blue Shield of California Consumer Directed Health Plan with Health Savings Account (CDHP with HSA) Frequently Asked Questions Blue Shield of California Consumer Directed Health Plan with Health Savings Account (CDHP with HSA) Frequently Asked Questions What is the Blue Shield of California CDHP with HSA? The Blue Shield of California

More information

Corporate Health Exchange Frequently Asked Questions

Corporate Health Exchange Frequently Asked Questions Corporate Health Exchange Frequently Asked Questions FAQs Quick Start Menu If you have a specific question, see if it s here in the list below and click on the link to be taken directly to the answer you

More information

Consumer Choice Plan, Health Savings Account and Health Care Flexible Spending Account Frequently Asked Questions

Consumer Choice Plan, Health Savings Account and Health Care Flexible Spending Account Frequently Asked Questions Consumer Choice Plan, Health Savings Account and Health Care Flexible Spending Account Frequently Asked Questions Information on how the plan and the accounts work The Consumer Choice Plan 1. How is the

More information

Frequently Asked Questions Lumenos HSA Plan

Frequently Asked Questions Lumenos HSA Plan Frequently Asked Questions Lumenos HSA Plan Lumenos HSA Plan Overview The Lumenos HSA plan gives you medical coverage coupled with a health Savings Account (HSA). Henrico County will provide HSA funds

More information

Manage your health care and your budget

Manage your health care and your budget Manage your health care and your budget Aetna HealthFund Health Reimbursement Arrangement (HRA) Plan A new way to manage your family s health Integrated Rx 32.02.302.1 E (8/08) An easy-to-use threemanage

More information

NEW HIRE BENEFITS GUIDE 2014

NEW HIRE BENEFITS GUIDE 2014 NEW HIRE BENEFITS GUIDE 2014 Choose the coverage that s right for you Click here to get started WELCOME TO FARMERS Farmers values the contributions of every employee. Without employees like you, we would

More information

2015 BENEFITS. There are important decisions to make. Look inside to learn more.

2015 BENEFITS. There are important decisions to make. Look inside to learn more. 2015 BENEFITS There are important decisions to make. Look inside to learn more. 1 Welcome to Enable Midstream! This is an exciting time to work at Enable Midstream. We are so glad you are part of our team.

More information

HEALTH, LIFE INSURANCE, DISABILITY AND WORK/LIFE BENEFITS FREQUENTLY ASKED QUESTIONS (FAQs)

HEALTH, LIFE INSURANCE, DISABILITY AND WORK/LIFE BENEFITS FREQUENTLY ASKED QUESTIONS (FAQs) HEALTH, LIFE INSURANCE, DISABILITY AND WORK/LIFE BENEFITS FREQUENTLY ASKED QUESTIONS (FAQs) For 2016, Medtronic has reshaped its benefits program to provide you and your family the health and insurance

More information

Caring for those who Care. A Look at the 2015 Benefits and Rewards of Being an HCR ManorCare Employee

Caring for those who Care. A Look at the 2015 Benefits and Rewards of Being an HCR ManorCare Employee Caring for those who Care A Look at the 2015 Benefits and Rewards of Being an HCR ManorCare Employee BENEFITS Your Wellness Matters HCR ManorCare s benefits are a shared investment in your health and well-being.

More information

Human Resources Retirement Program Changes. Covering You. Valuable. Dependable. Accessible.

Human Resources Retirement Program Changes. Covering You. Valuable. Dependable. Accessible. Human Resources Retirement Program Changes Covering You. Valuable. Dependable. Accessible. new ahead. the Learn about choices Retiree Medical Benefits Continued Coverage and New Options for 2009 The 3M

More information

It pays to be healthy. COVA HealthAware

It pays to be healthy. COVA HealthAware It pays to be healthy. COVA HealthAware Presented by the Commonwealth of Virginia www.covahealthaware.com 00.02.434.1 (4/13) COVA HealthAware is a new plan option from the Commonwealth of Virginia. This

More information

GEHA 2014. Health Savings AdvantageSM High-deductible health plan with a health savings account (HSA) (800) 821-6136 geha.com

GEHA 2014. Health Savings AdvantageSM High-deductible health plan with a health savings account (HSA) (800) 821-6136 geha.com GEHA 2014 Health Savings AdvantageSM High-deductible health plan with a health savings account (HSA) (800) 821-6136 geha.com CODE Self Only 341 Self + Family 342 Enrollment checklist 1. Research health

More information

Copayment: The amount you must pay for each medical visit to a participating doctor or other healthcare provider, usually at this time service.

Copayment: The amount you must pay for each medical visit to a participating doctor or other healthcare provider, usually at this time service. Basic Terms How to calculate Out of Pocket Costs on a Hospital Stay: If you have a $2000 deductible and 30% coinsurance health insurance plan. If you have a $10,000 emergency room or hospital stay your

More information

PayPal Blue Shield of California Consumer Directed Health Plan with Health Savings Account (CDHP with HSA) Frequently Asked Questions

PayPal Blue Shield of California Consumer Directed Health Plan with Health Savings Account (CDHP with HSA) Frequently Asked Questions PayPal Blue Shield of California Consumer Directed Health Plan with Health Savings Account (CDHP with HSA) Frequently Asked Questions What is the Blue Shield of California CDHP with HSA? The Blue Shield

More information

Straight Facts About the Advantage+ Health Plan

Straight Facts About the Advantage+ Health Plan Benefits and Compensation Annual Enrollment Straight Facts About the Advantage+ Health Plan The Advantage+ health plan has unique features that can appeal to a wide range of employees. The key features

More information

2016 Health Savings Plan and Health Savings Account Questions

2016 Health Savings Plan and Health Savings Account Questions 2016 Health Savings Plan and Health Savings Account Questions Health Savings Plan (HSP) What is the Health Savings Plan? The HSP is a High Deductible Health Plan (HDHP) with coverage that starts after

More information

2015 RETIREE BENEFITS BULLETIN

2015 RETIREE BENEFITS BULLETIN BENEFITS BULLETIN 2015 RETIREE BENEFITS BULLETIN This bulletin describes benefit changes and coverage provisions effective Jan. 1, 2015. This bulletin updates the complete summary of coverage described

More information

BENEFITS OPEN ENROLLMENT 2016 YOUR HEALTH & WELLNESS STARTS WITH YOU

BENEFITS OPEN ENROLLMENT 2016 YOUR HEALTH & WELLNESS STARTS WITH YOU zz BENEFITS OPEN ENROLLMENT 2016 YOUR HEALTH & WELLNESS STARTS WITH YOU MESSAGE FROM THE PRESIDENT/CEO NABIL EL SANADI, MD, MBA, FACEP, FACHE LET S INVEST, HEALTH IS YOUR FIRST WEALTH! We are excited to

More information

2015 Benefits Highlights

2015 Benefits Highlights FEDERAL RESERVE BANKS www.federalreservebenefits.org 2015 Benefits Highlights What Employee Benefits Do the Federal Reserve Banks Offer?.... 2 Thrift and Retirement Benefits.... 3 Thrift Plan (401(k)

More information

Open Enrollment. and Summary of Material Modifications. prepared for

Open Enrollment. and Summary of Material Modifications. prepared for 2016 Open Enrollment and Summary of Material Modifications prepared for Medical/Vision, Dental, Disability, Life/AD&D, Flexible Spending Accounts, Employee Assistance Program 2016 Open Enrollment and Summary

More information

inside LIVE SMART. PLAN SMART. HEALTH AND WELLNESS PROGRAM...8 mynurseline SM Service...8 Health-support Resources...8

inside LIVE SMART. PLAN SMART. HEALTH AND WELLNESS PROGRAM...8 mynurseline SM Service...8 Health-support Resources...8 2014 BENEFITS HIGHLIGHTS F E D E R A L R E S E RV E B A N K S > WWW. FE D E R A LR E S E R V E B E N E FI T S. O R G B E N E F I T S inside WHAT EMPLOYEE BENEFITS DO THE FEDERAL RESERVE BANKS OFFER?...2

More information

Your Benefits. at CoreLogic

Your Benefits. at CoreLogic 2011 Your Benefits at CoreLogic P O W E R E D B Y Y O U P O W E R E D B Y Y O U An Introduction to Your Benefits Table of Contents Eligibility and Enrollment.............. 1 Who You Can Enroll................

More information

How to use your Flexible Spending Account-Health Care (FSA-Health Care) and Flexible Spending Account-Dependent Care (FSA-Dependent Care) Accounts

How to use your Flexible Spending Account-Health Care (FSA-Health Care) and Flexible Spending Account-Dependent Care (FSA-Dependent Care) Accounts How to use your Flexible Spending Account-Health Care (FSA-Health Care) and Flexible Spending Account-Dependent Care (FSA-Dependent Care) Accounts Overview of the Flexible Spending Account-Health Care

More information

Healthy Directions. Information for Employees

Healthy Directions. Information for Employees Healthy Directions Information for Employees U.S. Employees with Salaried Health Care Benefits Healthy Directions is our company s approach to health and health care. Healthy Directions provides two medical

More information

Know What to Expect: Your Medical Savings Plan User s Guide

Know What to Expect: Your Medical Savings Plan User s Guide Freescale Employee Benefits Know What to Expect: Your Medical Savings Plan User s Guide STOP Read this before you visit the doctor or pharmacy and use it as a handy reference year round! Medical Savings

More information

UNIVERSITY OF MISSOURI SYSTEM

UNIVERSITY OF MISSOURI SYSTEM UNIVERSITY OF MISSOURI SYSTEM Your Benefits At A Glance 2015 FACULTY AND STAFF BENEFITS GUIDE What s inside Be prepared & take action 1 Medical plan options 2 Healthy Savings Plan Custom Network Plan PPO

More information

Health Savings Option with a Health Savings Account (HSA)

Health Savings Option with a Health Savings Account (HSA) Health Savings Option with a Health Savings Account (HSA) The Health Savings Option is a high deductible health insurance plan administered by United Medical Resources (UMR), a United Healthcare Company,

More information

FREQUENTLY ASKED QUESTIONS QUALIFIED HIGH DEDUCTIBLE HEALTH PLAN WITH A HEALTH SAVINGS ACCOUNT

FREQUENTLY ASKED QUESTIONS QUALIFIED HIGH DEDUCTIBLE HEALTH PLAN WITH A HEALTH SAVINGS ACCOUNT FREQUENTLY ASKED QUESTIONS QUALIFIED HIGH DEDUCTIBLE HEALTH PLAN WITH A HEALTH SAVINGS ACCOUNT Qualified High Deductible Health Plans (QHDHP) What is a QHDHP? A QHDHP is a medical plan regulated by the

More information

SPD Benefits. October 29th through November 19th, 2014 at Noon EST

SPD Benefits. October 29th through November 19th, 2014 at Noon EST SPD Benefits October 29th through November 19th, 2014 at Noon EST 2015 Overview What stays the same in 2015? No plan design changes for Dental and Vision. No premium changes for Dental and Vision. No changes

More information

NYU HOSPITALS CENTER. Retirement Plan. Your Health & Welfare Plan Benefits

NYU HOSPITALS CENTER. Retirement Plan. Your Health & Welfare Plan Benefits NYU HOSPITALS CENTER Retirement Plan Your Health & Welfare Plan Benefits 1 What s Inside Welcome to the NYU Hospitals Center Retiree Health & Welfare Program Retiree Health & Welfare Benefits At-A-Glance...

More information

High Deductible Health Plan (HDHP) with Health Savings Account (HSA) FREQUENTLY ASKED QUESTIONS

High Deductible Health Plan (HDHP) with Health Savings Account (HSA) FREQUENTLY ASKED QUESTIONS High Deductible Health Plan (HDHP) with Health Savings Account (HSA) FREQUENTLY ASKED QUESTIONS Part I HIGH DEDUCTIBLE HEALTH PLAN (HDHP) Q. What is the HDHP? A. The High Deductible Health Plan (HDHP)

More information

Purdue Choice Fund Health S i av A ngs t ccoun (HSA)

Purdue Choice Fund Health S i av A ngs t ccoun (HSA) Purdue Choice Fund Health Savings Account (HSA) What Is a Health Savings Account (HSA) Plan? Qualified Medical Plan + Health Savings = Bank Account Tax Advantaged HSA Plan A tax advantaged health plan

More information

Benefits Highlights. Health Care Disability Benefits Retirement Life & Other Insurance Programs Work & Family and Other GE Benefits

Benefits Highlights. Health Care Disability Benefits Retirement Life & Other Insurance Programs Work & Family and Other GE Benefits Benefits Highlights Health Care Disability Benefits Retirement Life & Other Insurance Programs Work & Family and Other GE Benefits GE Benefits: Adding value beyond your paycheck The Company offers a wide

More information

It Pays to Think Ahead. 2014 Benefit Summary

It Pays to Think Ahead. 2014 Benefit Summary It Pays to Think Ahead. 2014 Benefit Summary Benefits Overview Aurora Public Schools is proud to offer a comprehensive benefits package to eligible employees. The complete benefit package is briefly summarized

More information

Frequently Asked Questions 2015 Annual Enrollment (Salaried and Corporate Hourly - Group 1)

Frequently Asked Questions 2015 Annual Enrollment (Salaried and Corporate Hourly - Group 1) 2015 Plan Year Frequently Asked Questions 2015 Annual Enrollment (Salaried and Corporate Hourly - Group 1) SYKES BENEFITS SYKES ANNUAL BENEFITS ENROLLMENT 2015 GENERAL QUESTIONS When is Annual Benefits

More information

Health Savings Account (HSA) Frequently Asked Questions

Health Savings Account (HSA) Frequently Asked Questions 1. What is an HSA? A Health Savings Account (HSA) is a personal bank account created exclusively for individuals to pay for eligible health expenses and save for future healthcare expenses tax-free. Tax-deductible

More information

Frequently Asked Questions. High Deductible Health Plan (HDHP) with Health Savings Account (HSA)

Frequently Asked Questions. High Deductible Health Plan (HDHP) with Health Savings Account (HSA) Frequently Asked Questions High Deductible Health Plan (HDHP) with Health Savings Account (HSA) There are two components to the High Deductible Health Plan (HDHP) with HSA Medical Plan the HDHP Health

More information

Flexible Spending Accounts. Cornell University

Flexible Spending Accounts. Cornell University Flexible Spending Accounts Cornell University Plan Year: January 1 December 31, 2014 What will be covered? Who is PayFlex? Flexible Spending Accounts PayFlex Card Getting reimbursed cornell.payflexdirect.com

More information

TIAA 2015 Benefits AT A GLANCE

TIAA 2015 Benefits AT A GLANCE TIAA 2015 Benefits AT A GLANCE TIAA is committed to making financial well-being possible for its clients, and the company is equally committed to the well-being of its employees. That s why we offer a

More information

Flexible Savings Accounts

Flexible Savings Accounts Flexible Savings Accounts Aetna Consumer Financial Solutions products are administered by PayFlex Systems USA, Inc. ( PayFlex ), an affiliate of Aetna Life Insurance Company ( Aetna ). PayFlex s robust

More information

Flexible Spending Accounts Frequently Asked Questions

Flexible Spending Accounts Frequently Asked Questions Flexible Spending Accounts Frequently Asked Questions Flexible spending accounts (FSAs) allow you to reduce your tax burden and increase your take home payable income, while you set aside money for eligible

More information

Frequently Asked Questions

Frequently Asked Questions Frequently Asked Questions Gulfstream and many other General Dynamics companies offer a new type of health plan the Personal Health Account Plan. The Personal Health Account Plan is a high deductible plan

More information

Health Savings Account (HSA)

Health Savings Account (HSA) Health Savings Account (HSA) with Limited Purpose Flexible Spending Account (LPFSA) University of Rochester Feb 2 and 4, 2015 Aetna Consumer Financial Solutions products are administered by PayFlex Systems

More information

2016 Annual Enrollment Benefits Snapshot

2016 Annual Enrollment Benefits Snapshot Farm Credit Foundations 2016 Annual Enrollment Benefits Snapshot Go to FarmCreditFoundations.com to see all 2016 changes including a unique opportunity for some employees to increase their Group Universal

More information

2015 Benefits Enrollment Guide

2015 Benefits Enrollment Guide 2015 Benefits Enrollment Guide TOTAL REWARDS...PAY AND BENEFITS FOR YOUR JOURNEY 2015 BENEFITS Facts, tips and tools to help you get the most from your 2015 benefits, plus valuable health and wellness

More information

Health Savings Account (HSA) with Limited Purpose Flexible Spending Account (LPFSA) University of Rochester Feb 10 th and 11 th, 2016

Health Savings Account (HSA) with Limited Purpose Flexible Spending Account (LPFSA) University of Rochester Feb 10 th and 11 th, 2016 Health Savings Account (HSA) with Limited Purpose Flexible Spending Account (LPFSA) University of Rochester Feb 10 th and 11 th, 2016 What is a Health Savings Account (HSA)? An HSA is a health care savings

More information

Kraft Foods Group, Inc. Retiree Medical and Prescription Plan Summary High Deductible Health Plan

Kraft Foods Group, Inc. Retiree Medical and Prescription Plan Summary High Deductible Health Plan General Provisions Deductible (eligible medical and prescription drug expenses apply to the deductible) Kraft Foods Group, Inc. Retiree Medical and Prescription Plan Summary Care can be obtained in-network

More information

High Deductible Health Plan (HDHP) and Health Savings Account (HSA) Frequently Asked Questions CY2015

High Deductible Health Plan (HDHP) and Health Savings Account (HSA) Frequently Asked Questions CY2015 High Deductible Health Plan (HDHP) and Health Savings Account (HSA) Frequently Asked Questions CY2015 High Deductible Health Plan 1. What is a deductible? A. A deductible is a fixed amount of money that

More information

Annual Enrollment 2013. Plan Design and Rates

Annual Enrollment 2013. Plan Design and Rates Annual Enrollment 2013 Plan Design and Rates Today s Meeting Enrollment Dates and Assistance What s New for 2013? Medical Plans Flexible Spending Accounts Dental Plans Vision Plan Disability Life Insurance

More information

Retiree Health Care Plan Benefits 2012 Enrollment Guide. Medical Coverage: Pre-Medicare Retirees

Retiree Health Care Plan Benefits 2012 Enrollment Guide. Medical Coverage: Pre-Medicare Retirees Retiree Health Care Plan Benefits 2012 Enrollment Guide Medical Coverage: Pre-Medicare Retirees You ll choose from four medical plans: Basic, Comprehensive, Health Reimbursement Arrangement (HRA) and Health

More information

Coverage and a smart way to help pay for it Aetna HealthFund Health Savings Account (HSA) Plan

Coverage and a smart way to help pay for it Aetna HealthFund Health Savings Account (HSA) Plan Quality health plans & benefits Healthier living Financial well-being Intelligent solutions Coverage and a smart way to help pay for it Aetna HealthFund Health Savings Account (HSA) Plan www.aetna.com

More information

Your Retiree Medical Transition Guide

Your Retiree Medical Transition Guide Your Retiree Medical Transition Guide What you need to know. Prepare for your enrollment. Partner with your own dedicated Benefits Advisor. Get help paying for your coverage. A New Way to Find the Right

More information

Manage Health care choices and expenses. The EmblemHealth Consumer Direct Program

Manage Health care choices and expenses. The EmblemHealth Consumer Direct Program Manage Health care choices and expenses The EmblemHealth Consumer Direct Program 1 Employees can manage their health care expenses today and save for their future. There s an alternative for people who

More information

2014 Open Enrollment Frequently Asked Questions

2014 Open Enrollment Frequently Asked Questions 2014 Open Enrollment Frequently Asked Questions OPEN ENROLLMENT 1 When is the annual open enrollment period? Open enrollment for active and inactive employees, as well as retirees and survivors, is from

More information

THE PATIENT PROTECTION AND AFFORDABLE CARE ACT (PPACA/ACA/ OBAMACARE ) & ITS IMPACT ON MUHLENBERG. 2015: What s changing and what s not!

THE PATIENT PROTECTION AND AFFORDABLE CARE ACT (PPACA/ACA/ OBAMACARE ) & ITS IMPACT ON MUHLENBERG. 2015: What s changing and what s not! THE PATIENT PROTECTION AND AFFORDABLE CARE ACT (PPACA/ACA/ OBAMACARE ) & ITS IMPACT ON MUHLENBERG 2015: What s changing and what s not! Affordable Care Act (ACA)- Continued Impact in 2015 In 2011, ACA

More information

Small steps to a new you. Inside. 2014/2015 Benefit Enrollment Guide

Small steps to a new you. Inside. 2014/2015 Benefit Enrollment Guide Small steps to a new you 2014/2015 Benefit Enrollment Guide Inside New this Year - Benefit Changes Wellness Resources Online Tools welcometouhc.com/colorado Thank you for considering UnitedHealthcare We

More information

L-3 Communications Corporation Aetna HealthFund Health Reimbursement Arrangement (HRA) Medical Plan

L-3 Communications Corporation Aetna HealthFund Health Reimbursement Arrangement (HRA) Medical Plan S U M M A R Y P L A N D E S C R I P T I O N L-3 Communications Corporation Aetna HealthFund Health Reimbursement Arrangement (HRA) Medical Plan Effective January 1, 2014 L - 3 C O M M U N I C A T I O N

More information

Brookhaven Science Associates, LLC. 2016 Guide To: Medical Programs Health Savings Account Health Care Reimbursement Account

Brookhaven Science Associates, LLC. 2016 Guide To: Medical Programs Health Savings Account Health Care Reimbursement Account Brookhaven Science Associates, LLC 2016 Guide To: Medical Programs Health Savings Account Health Care Reimbursement Account 1 2 Here s What You ll Find In This Booklet ITEM PAGE # OVERVIEW... 5 MEDICAL

More information

A flexible health fund that you control

A flexible health fund that you control A flexible health fund that you control Aetna HealthFund HRA for Small Group A cost-effective health benefits solution your employees will value 14.02.142.1 (10/07) A great solution in your fight against

More information

Group Health Insurance. Quality Coverage. Proven Value.

Group Health Insurance. Quality Coverage. Proven Value. Group Health Insurance Quality Coverage. Proven Value. Group health insurance is one of the largest and most important investments for a business. Look to Coventry for quality coverage, simple administration,

More information

Consumer-Driven Health Plan (CDHP) A Fresh Approach to Health Care Services

Consumer-Driven Health Plan (CDHP) A Fresh Approach to Health Care Services Consumer-Driven Health Plan (CDHP) A Fresh Approach to Health Care Services A Different Type of Health Coverage By offering the HealthFlex consumer-driven health plan (CDHP), your annual conference or

More information

The Health Savings Account User Guide

The Health Savings Account User Guide The Health Savings Account User Guide C O N T E N T S Start Saving Now for Your Future Health Care Needs............. 1 How the BlueEdge Plans and the HSA Work Together............. 3 Tax Advantages of

More information

Open. Enrollment. Welcome to

Open. Enrollment. Welcome to Open Welcome to Enrollment 2 0 1 0 Open enrollment for active full-time employees and eligible part-time faculty will take place from October 1 through October 31, 2009. Because LACCD is joining the CalPERS

More information

L-3 Communications Corporation Aetna HealthFund Health Reimbursement Arrangement (HRA) Medical Plan

L-3 Communications Corporation Aetna HealthFund Health Reimbursement Arrangement (HRA) Medical Plan S U M M A R Y P L A N D E S C R I P T I O N L-3 Communications Corporation Aetna HealthFund Health Reimbursement Arrangement (HRA) Medical Plan Effective January 1, 2015 L - 3 C O M M U N I C A T I O N

More information

Consumer Guide to. Health Insurance. Oregon Insurance Division

Consumer Guide to. Health Insurance. Oregon Insurance Division Consumer Guide to Health Insurance Oregon Insurance Division The Department of Consumer and Business Services, Oregon s largest business regulatory and consumer protection agency, produced this guide.

More information

YOUR CIGNA CHOICE FUND HEALTH SAVINGS ACCOUNT

YOUR CIGNA CHOICE FUND HEALTH SAVINGS ACCOUNT YOUR CIGNA CHOICE FUND HEALTH SAVINGS ACCOUNT Your health plan plus a Health Savings Account PLAN YEAR: January 1,2014 838559 d Offered by: Connecticut General Life Insurance Company or Cigna Health and

More information

RUSH BENEFITS GUIDE. grow WEALTH. choose HEALTH. develop CAREER

RUSH BENEFITS GUIDE. grow WEALTH. choose HEALTH. develop CAREER 2015 RUSH BENEFITS GUIDE choose HEALTH grow WEALTH develop CAREER PUTTING RUSH BENEFITS TO WORK FOR YOU Rush is committed to having the best people, the best quality and the highest value. Your employee

More information

Health Coverage with More Choices

Health Coverage with More Choices Health Coverage with More Choices Get ready for a different approach to health coverage with flexibility to choose a plan that fits your needs. This brochure explains the health coverage for Medicare-eligible

More information

Your 2015 Annual Enrollment Guide. Annual Enrollment is Oct. 27 to Nov. 14, 2014

Your 2015 Annual Enrollment Guide. Annual Enrollment is Oct. 27 to Nov. 14, 2014 Your 2015 Annual Enrollment Guide Annual Enrollment is Oct. 27 to Nov. 14, 2014 2 YOUR 2015 ANNUAL ENROLLMENT Intel goes green for Annual Enrollment This PDF is interactive. Download to your local system

More information

M&T Bank offers a CDHP that combines traditional medical coverage with a health savings account feature that provides certain tax benefits.

M&T Bank offers a CDHP that combines traditional medical coverage with a health savings account feature that provides certain tax benefits. Benefits Overview M&T Bank understands how important benefits are to you and your family. The benefit plans are designed to meet the varying benefit needs of each employee. Since benefits are a significant

More information

Effective Jan. 1, 2015. STRS Ohio Health Care Program Guide

Effective Jan. 1, 2015. STRS Ohio Health Care Program Guide Effective Jan. 1, 2015 2015 STRS Ohio Health Care Program Guide 2 www.strsoh.org Welcome Thank you for your interest in the STRS Ohio Health Care Program. We understand that choosing a health care plan

More information

INSIDE THIS GUIDE. Please review the Important Notices also enclosed with your enrollment materials. ENROLLMENT PERIOD: OCTOBER 16 30, 2015

INSIDE THIS GUIDE. Please review the Important Notices also enclosed with your enrollment materials. ENROLLMENT PERIOD: OCTOBER 16 30, 2015 ENROLLMENT PERIOD: OCTOBER 16 30, 2015 It s time for 2016 Annual Enrollment. Read the information in this package carefully before making your decisions, and follow the steps below to make sure your enrollment

More information

Should you have any questions pertaining to any of the content, please contact the Benefits team at HRBenefits@rochestergeneral.org or 922-1100.

Should you have any questions pertaining to any of the content, please contact the Benefits team at HRBenefits@rochestergeneral.org or 922-1100. Welcome to Rochester Regional Health! This online presentation on the Rochester General Health Benefits Program is designed to provide you an overview of the comprehensive benefits package Rochester Regional

More information

Control costs while helping employees manage health expenses Aetna HealthFund One-to-One for small businesses. www.aetna.com

Control costs while helping employees manage health expenses Aetna HealthFund One-to-One for small businesses. www.aetna.com Quality health plans & benefits Healthier living Financial well-being Intelligent solutions Control costs while helping employees manage health expenses Aetna HealthFund One-to-One for small businesses

More information

What am I supposed to do with this card?

What am I supposed to do with this card? 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?

More information

Get Started with a Health Savings Account

Get Started with a Health Savings Account Get Started with a Health Savings Account www.discoverybenefits.com A combination that puts you in control There s a relatively new way to pay for health care that is gaining popularity; a high deductible

More information

Aetna HealthFund Health Savings Account Plan

Aetna HealthFund Health Savings Account Plan Aetna HealthFund Health Savings Account Plan Take Control of Your Health Care and Your Health Care Dollars! Administered by Aetna Life Insurance Company. PPO/POS II/OAMC w/rx 41.02.318.1 (7/05) Welcome

More information

2015 Annual Enrollment Guide

2015 Annual Enrollment Guide YOUR BENEFITS 2015 Annual Enrollment Guide Enrollment Period October 22 November 4 Inside This Guide Key Dates October 22 November 4, 2014 Annual Enrollment period Changes for 2015...3 What You Need to

More information

Zurich North America Total Rewards (U.S.) Summary information

Zurich North America Total Rewards (U.S.) Summary information Zurich North America Total Rewards (U.S.) Summary information Zurich North America Total Rewards (U.S.) Summary Founded in Switzerland in 1872, Zurich is one of the world s most experienced insurers. Our

More information

UNDERSTANDING HEALTH INSURANCE TERMINOLOGY

UNDERSTANDING HEALTH INSURANCE TERMINOLOGY UNDERSTANDING HEALTH INSURANCE TERMINOLOGY The information in this brochure is a guide to the terminology used in health insurance today. We hope this allows you to better understand these terms and your

More information

Employee Benefits Open Enrollment 2014

Employee Benefits Open Enrollment 2014 Employee Benefits Open Enrollment 2014 Enroll November 10 to November 21 www.navientbenefits.com The Enrollment Process This year we are conducting a PASSIVE enrollment which means that eligible employees

More information

Benefits Open Enrollment Frequently Asked Questions

Benefits Open Enrollment Frequently Asked Questions Benefits Open Enrollment Frequently Asked Questions Plan year: July 1, 2014, through June 30, 2015 Open Enrollment begins May 15 and ends May 30. You must enroll in order to receive medical, prescription,

More information

Frequently Asked Questions

Frequently Asked Questions Frequently Asked Questions Health Savings Account Questions Q: What is a Health Savings Account? A: A Health Savings Account is a tax exempt account you set up with a qualified High Deductible Health Plan

More information

Boehringer Ingelheim Benefit Information Sheet Plan Year 2016

Boehringer Ingelheim Benefit Information Sheet Plan Year 2016 Boehringer Ingelheim Benefit Information Sheet Plan Year 2016 AETNA CHOICE POS II AETNA HEALTHFUND HRA AETNA HEALTHFUND HSA Contact and Further Information Internet Web Sites Overview Service Area If you

More information

2012 BENEFITS NEW HIRE GUIDE

2012 BENEFITS NEW HIRE GUIDE Welcome to jcpenney! At jcpenney, we value our associates and recognize their contributions to our success. As a result, and in support of our WINNING TOGETHER Principles, we are committed to providing

More information

Aetna HealthFund Health Savings Account

Aetna HealthFund Health Savings Account Aetna HealthFund Health Savings Account Take Control of Your Health Care and Your Health Care Dollars! 14.02.305.1 (10/05) The Aetna HealthFund Health Savings Account (HSA) by Aetna Life Insurance Company

More information

St. Louis Community College Summary of Insurance Benefits Effective June 1, 2013

St. Louis Community College Summary of Insurance Benefits Effective June 1, 2013 St. Louis Community College Summary of Insurance Benefits Effective June 1, 2013 Employees are eligible to enroll on the first day of employment and coverage becomes effective on the date the enrollment

More information

Health coverage plus a health savings account rolled into one

Health coverage plus a health savings account rolled into one Health coverage plus a health savings account rolled into one Aetna HealthFund Health Savings Account (HSA) A health insurance plan to help you manage health costs and enjoy tax benefits. PPO/POS II/OAMC

More information

Cornerstone Benefits Highlights. MEDICAL DENTAL VISION and MORE

Cornerstone Benefits Highlights. MEDICAL DENTAL VISION and MORE Cornerstone Benefits Highlights 015 MEDICAL DENTAL VISION and MORE Welcome to Your 2015 Cornerstone Benefit Guide Your Benefits Package As a Cornerstone employee, you are eligible for a number of great

More information

Your Flexible Spending Account (FSA) Guide

Your Flexible Spending Account (FSA) Guide Your Flexible Spending Account (FSA) Guide Plan Year: January 1, 2015 December 31, 2015 What is a Flexible Spending Account? A flexible spending account (FSA) lets you set aside money from your paycheck

More information

FREQUENTLY ASKED QUESTIONS ID CARDS / ELIGIBILITY / ENROLLMENT

FREQUENTLY ASKED QUESTIONS ID CARDS / ELIGIBILITY / ENROLLMENT FREQUENTLY ASKED QUESTIONS ID CARDS / ELIGIBILITY / ENROLLMENT BENEFIT INFORMATION CLAIMS STATUS/INFORMATION GENERAL INFORMATION PROVIDERS THE SIGNATURE 90 ACCOUNT PLAN THE SIGNATURE 80 PLAN USING YOUR

More information

Iowa, Illinois, and Tennessee. Heritage Options Health Savings Account HSA

Iowa, Illinois, and Tennessee. Heritage Options Health Savings Account HSA Iowa, Illinois, and Tennessee Heritage Options Health Savings Account HSA The Heritage Options HSA (Health Savings Account) can give you a new, flexible approach to health care. By choosing a qualified

More information

2016 Retiree Open Enrollment Benefits Briefing Non Medicare

2016 Retiree Open Enrollment Benefits Briefing Non Medicare 2016 Retiree Open Enrollment Benefits Briefing Non Medicare October 28: Bankhead Theater, Livermore October 29: The Grand Theater, Tracy LLNL-PRES-678554 This work was performed under the auspices of the

More information

20 B 15 E N E F I T S G U I D E

20 B 15 E N E F I T S G U I D E 2015 BENEFITS GUIDE CONTENTS Welcome 1 2015 Benefit Highlights 2 Healthcare Reform 3 Eligibility 4 Medical Plan Descriptions 5 Medical Plans at a Glance 6 2015 E M P L O Y E E B E N E F I T S DEAR VALUED

More information

Your Retiree Health Care Travel Guide

Your Retiree Health Care Travel Guide SPECIAL EDITION for Individuals Not Yet Eligible for Medicare Your Retiree Health Care Travel Guide 2010 Enrollment for BorgWarner Pre-Medicare Health Care Coverage Welcome to 2010 Pre-Medicare enrollment!

More information