Benefits Open Enrollment

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Benefits Open Enrollment

• For January 2014

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www.butler.edu/hr gt Benefits
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Medical

• Medical Administrator/Provider Network
• Continue with Core, Buy-Up, Plus CDHD Plans
• Increases to ER and Urgent Care co-pays,
  deductibles, out-of-pocket maximums and
  co-insurance
• Increase to premiums

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Medicalcont.

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Medical-cont.

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Health Care Reform 1/1/2014

• Health Insurance Marketplace
• No Pre-Existing Conditions for Adults
• PCORI Fee of 2 per covered person
• Reinsurance Tax of 63 per covered person
• http//www.healthcare.gov/

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Dental Vision

• Dental Delta Dental
• No plan changes
• No Premium Increase
• Vision NVA
• No plan changes
• No Premium Increase

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Flexible Spending

• Flexible Spending annual maximum changed to
  2,500 per family
• Dependent Care annual maximum is 5,000

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Provider Change

• Health Savings Accounts
• Increases to 3,300 for employee only (up 50
  from 2013)
• Increases to 6,550 for family coverage (up 100
  from 2013)

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Provider Change

• Material coming inlate November
• Life, Supplemental Life for EE, Spouse, and
  Dependent Children
• Accidental Death Dismemberment
• Short Term Disability
• Long Term Disability

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• Personal Health Advocates handle a range of
  clinical and healthcare insurance issues
• Interacts with providers and insurance
• Gets the right answers at the right time

• CALL 866.695.8622

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By November 12th
4. Enter Tuition Remission/Exchange Question
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FAQs

• Can I enroll in an FSA even if Im not enroll in
  Butler University health insurance?
• Yes, A Flexible Spending Account (FSA) is a
  special account set up for you into which you can
  set aside pre-tax dollars to pay for eligible,
  out-of-pocket costs associated with medical or
  dependent daycare services. Because the FSA is
  governed by Section 125 of the IRS code, it does
  not coordinate with insurance coverage and you do
  not have to participate in your employers
  medical plan to be eligible for the FSA. This
  also means that any legal dependent can use your
  FSA funds, regardless of their insurance coverage
  status.
• Disclaimer If you or your spouse currently
  contribute to a Health Savings Account (HSA), you
  should consult a tax advisor before enrolling in
  an FSA.
• Source https//www.flex125.com/services/flexible
  -spending-accounts/fsa-enrollment-presentation  

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FAQs

• What is considered preventive care?
• Please refer to the guidelines published by
  Anthem Blue Cross as of May 2013 which are
  available on the following Butler University
  benefits website
• http//www.butler.edu/media/3327988/2013_preventiv
  e_care_guidlines.pdf
•              

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FAQs

• Can I enroll in an HSA and have a PPO plan?
  According to the IRS, you must be covered under a
  high deductible health plan (CDHP) and you must
  not be claimed as a dependent on someone elses
  tax return to participate in an HSA. Butler
  University PPO plan participants do not qualify
  to participate in an (HSA).
• Sources http//www.irs.gov/pub/irs-pdf/p969.pdf
  (2012 is the most recent publication)
  http//towerbank.net/hsa_videos.aspx

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2014 Building a Healthier Future
Centered Around B (U)