Employee Health Care Plan 2010 Meetings. Today’s Presentation. Introduction to Butler Benefit Service, Inc. and Quad City Community Healthcare Medical and Prescription Drug Plan Flexible Spending Account Butler Information Network Questions. Self Funding Augustana College Health Plan.
Customer service is our priority!
Employee + Spouse
Employee + Child
If you have single coverage, you may now waive coverage.
Think carefully about waiving if you do not have any other coverage – you never know when an accident may occur
Great option for those covered under another plan such as your spouseMonthly Premiums Effective 9/1/10
In Network Out of Network
Single $1,000 Single $2,000
Family $2,000 Family $4,000
Out of Pocket Out of Network
Single $1,500 Single $2,500
Family $3,000 Family $5,000
Deductible and out of pocket met to date in 2010 by Blue Cross Blue Shield of Illinois will be carried over to your new Health Plan.
In Network Out of Network
10% coinsurance up to the out of pocket
Children up to age 16
$1,000 Annual Limit
$600 Annual Limit
Make sure you inform your physician at the time of service to file the claim as preventative.
Mail Order Prescription Program
SAVES YOU MONEY!
To Find out if a provider is in the network:
You will need a referral from your primary network physician for University of Iowa and Mayo Clinic.
Radiology Group will be paid in network if your x-rays are sent to the facility from a network provider. If you physically go to the facility the service will be considered out of network.
Emergency treatment out of network will be paid at the network benefit.
Throw your current BCBS of IL ID card away on September 1 and start using your new Augustana College ID card. Make sure to present to all providers and pharmacies.
To Pre-Certify services, call Quad City Community Healthcare
Section 125 of the IRS Tax Code allows Pre-Tax payroll deductions for:
Would you like an extra paycheck?By setting aside healthcare funds pre-tax, you can increase your savings and ultimately your spending power. Here is an example of the tax savings you could enjoy by taking advantage of your Flex Plan.
The Benefits Card makes using your FSA
dollars simple and easy!
are created equal.
Yours can be accessed via the Benefits Card MasterCard®, provided by your employer.
MasterCard® is a registered trademark of MasterCard International Incorporated.
How Do I Decide How Much to Contribute?
It's important to give some thought to calculating how much money to contribute for the year, because if you put in more money than you need, by law, you lose it. You have three months after the end of the year to submit claims for eligible expenses incurred during the previous calendar year . To determine how much to contribute, make a list of the expected out-of-pocket medical expenses for you and your dependents for the next year. Be conservative so you don't risk forfeiting any money.
Let’s assume you are taxed 15% on your salary, and you elect to put $1,000 into your flex account. You automatically save $150 by doing so because you haven’t been taxed on $1,000. Even if you only spend $900, you’re still ahead by $50.
Butler Information Network (BIN)
Go to www.bbsionline.com and follow the instructions to “Register New User”