Benefits Open Enrollment

For January 2014

www.butler.edu/hr > Benefits

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

Medical–cont.

Medical-cont.

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/

Dental & Vision

• Dental – Delta Dental

• No plan changes

• No Premium Increase

• Vision – NVA

• No plan changes

• No Premium Increase

Flexible Spending

• Flexible Spending annual maximum changed to $2,500 per family

• Dependent Care annual maximum is $5,000

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)

Provider Change

• Material coming inlate November

• Life, Supplemental Life for EE, Spouse, and Dependent Children

• Accidental Death & Dismemberment• Short Term Disability• Long Term Disability

• 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

By November 12th

To Enroll 1. Log- in to: my.butler.edu 2. Click on: Self Service > Benefits > Benefits Enrollment 3. Follow the prompts

5. Click the “Submit” button to send your final choices to the Benefits Department

4. Enter Tuition Remission/Exchange Question

FAQs Can I enroll in an FSA even if I’m 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 employer’s 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  

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_preventive_care_guidlines.pdf

             

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 else’s 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

2014 Building a Healthier Future

Centered AroundB (U)