New Health Plan Option For 2013

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Presentation transcript:

New Health Plan Option For 2013 Boyd Bros is offering a new health plan option to help you save money Here’s how you will save: The new option has lower weekly premiums Boyd Bros contributes dollars to help you meet your deductible First dollar coverage to pay medical expenses

What’s The New Option? High Deductible Health Plan Health Reimbursement Arrangement Wellness Program – Driving Health Wellness

High Deductible Health Plan With Health Reimbursement Arrangement Deductible $1,500 Self Only Plan Works with the Wellness Program Boyd contributes $750 to your HRA to help cover your deductible when you enroll in the wellness program First dollar coverage – HRA money pays your doctor or hospital directly

High Deductible Health Plan With Heath Reimbursement Arrangement Deductible $3,000 Self + Family Plan Works with the Wellness Program Boyd contributes $1,500 to your Family HRA to help cover your deductible when both you & your spouse enroll in the wellness program First dollar coverage – HRA money pays your doctor or hospital directly

Comparing the 2 Plans $500 deductible 80/20 Plan Preventive/Wellcare Standard BoydCare Plan Wellness Package – HDHP HRA – Health Reimbursement Arrangement $500 deductible 80/20 Plan Preventive/Wellcare Rates increase 20% Wellness Program Generic Rx $10 co-pay Name brand Rx 80% $250 in-patient co-pay $1,500 deductible Boyd pays $750 single Boyd pays $1500 family 80/20 Plan Preventive/Wellcare No payroll change Wellness Program Generic Rx $10 co-pay Name brand Rx 80% No $250 in-patient co-pay

To Enroll In The New HDHP/HRA Option do this…. Print out a health plan enrollment form from the Boyd Bros website, fill in the info then send to BoydCare by email, fax or mail Or send a message from your truck to BoydCare Complete diagnostic finger stick test for wellness program to get your health numbers. We will tell you where & how to get tested soon sball@boydbros.com Fax 334-775-1437

What You Get from the Wellness Program The diagnostic finger stick test will use your blood to get your health numbers Find out your numbers and get $750 in your HRA to use for your deductible Total cholesterol, LDL, HDL, Triglycerides and glucose Blood pressure, height and weight Access to your very own Health Coach

Options in 2013 You don’t have to do anything if you want to stay in the plan you are already in. Weekly premiums for health insurance will go up 20% in January for the Standard BoydCare Health Plan. If you enroll in the High Deductible Health Plan with the HRA and Wellness Program, your weekly insurance premiums will be at the current rates.