Did You Know? Employees are now contributing 45% more to their health care expenses than they did five years ago. Towers Watson/NBGH Employer Survey,

Slides:

Advertisements

Similar presentations

BASIC Flexible Spending Accounts

Advertisements

Using Healthcare and Dependent Care Flexible Spending Accounts An FSA = An Opportunity to Save.

© 2009 ADP, Inc. An FSA = Everyday Savings. Attention Employees If anyone in your family has braces, please come to the Benefits Department to pick up.

Your Flexible Benefit Program take care ® by WageWorks.

Brace Yourself. It’s that time, and your insurance probably doesn’t cover this expense.

Benny® FSA Enrollment Presentation

Meet Dan He’s twenty-something, Healthy, Employed,

Using tax-free dollars is the smarter way to pay medical expenses YourFlex makes it easy Offered through The Capitol Group of Companies Administered by.

Medical Reimbursement Flexible Spending Accounts Give Yourself a Raise!

Using tax-free dollars is the smarter way to pay medical expenses YourFlex makes it easy FSA Enrollment for Skyline CAP October 1, September 30,

Health Savings Accounts (HSAs) Everything You Need to Know.

Presented by Bob Wojciechowski, CFC, CC, ACB Your CONEXIS FSA Sign Up and Save Money.

FLEXIBLE SPENDING ACCOUNTS Open Enrollment. ENROLLMENT Open Enrollment is usually held late October and includes the first week in November with an effective.

Did You Know? Expenditures on health care in the U. S. surpassed $2.3 trillion in 2008…and are continuing to increase.

Health Savings Accounts (HSAs) This presentation will probably involve audience discussion, which will create action items. Use PowerPoint to keep track.

Open Enrollment  This is your annual opportunity to change certain benefit elections without a qualifying event.  All elections will be made online.

First State Bank is pleased to present our newest product to meet your financial needs...

1 Flexible Benefits Administration Services for. 2 What is a Flexible Spending Account  Flexible Spending Accounts save you money  Lowers your taxable.

Did You Know? Employees are now contributing 45% more to their health care expenses than they did five years ago. Towers Watson/NBGH Employer Survey,

Taxed by medical expenses? Open an FSA. Flexible Spending Accounts.

Section Flexible Spending Accounts with the Verity National Star Card

September Purdue’s Goals Give more choices in medical plans Support efforts to maintain/improve health Better manage health care costs for Purdue.

Flexible Spending Account Salt Lake County. 2 The Basics Claims Administrator: –National Benefit Services, LLC –Effective April 1, 2013 Benefits: –Full.

1 LOGICAL DEDUCTIONS, LLC 167 Cherry St. Suite 159 Milford, CT Keith Weindling

Your Flexible Spending Account (FSA). Save on health, dependent care with your FSA Use pre-tax dollars for important expenses  Health care needs, dependent.

Health Savings Accounts (HSAs) Everything You Need to Know.

PRIMEFLEX: FLEXIBLE SPENDING PLANS EMPLOYEE ENROLLMENT.

It’s Time To Save On Your Out-of- Pocket Health Care Expenses.

Did You Know?. Employees are now contributing 45% more to their health care expenses than they did five years ago. Towers Watson/NBGH Employer Survey,

1 Consumer Driven Health Plans. Health Plans Premiums Experiencing Double Digit Increases! Increasing Premiums Decreasing Benefits AND.

Meet Dan. He’s twenty-something, Healthy, Employed,

Your Flexible Spending Account (FSA). Save on health, dependent day care with your FSA Use pre-tax dollars for important expenses  Health care needs,

Your Flexible Spending Account (FSA). Save on health, dependent care with your FSA Use pretax dollars for important expenses  Health care needs, dependent.

1 © 2014 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may.

Maximize your healthcare saving and spending with an HSA from Wells Fargo Health Savings Account (HSA)

University of St. Thomas 2015 Health Savings Account and High Deductible Health Plan Education Take Charge Your Health, Your Money And Your Future 1.

2014 Insurance and Wellness Benefits Committee. Purpose of the Committee 2  Review Current Insurance and Wellness Benefits  Provide Recommendations.

High Deductible Health Plan (HDHP) Is it a good option for you?

MoneyPlu$ Insurance Education Part #6. Administered by Fringe Benefits Management Company (FBMC) Facts Get more “spendable” income out of paycheck Must.

Consumer-Driven Health Plans HSA and HDHP Overview A Health Savings Account (HSA) is a special account owned by an individual where contributions to.

Fremont Area Medical Center 2007 Open Enrollment.

My Health. My Life. Open Enrollment: October 1 – October 17.

Benny Says: The More You Know About Flexible Spending Accounts The MORE You Save!

Using tax-free dollars is the smarter way to pay medical expenses YourFlex makes it easy Benefit Solutions, Inc.

0 Disclaimer - This presentation is brought to you by Aetna Life Insurance Company and/or its affiliates to educate you on the Aetna plan options available.

© 2007 PAYFLEX SYSTEMS USA, INC. 1 Lincoln Public Schools Plan Year: September 1, 2012 through August 31, 2013.

Flexible Benefit Plan Enrollment A tax free way to pay for certain annual expenses for you and your family! What is the purpose of a Flex Plan?

BROWARD HEALTH BENEFITS The Broward Health Notice of Privacy Practice describes how medical information about you may be used and disclosed and your.

NC State Children’s Health Insurance Program  Covers families up to 200% of Federal Poverty Level (FPL)  Benefits package provided by NC Teachers and.

Open Enrollment October 14, 2015.

Stratfor Medical Plan Review Plan Year

2015 Benefits Open Enrollment. 4 AGENDA Welcome What’s New What’s Changing Eligibility & Enrollment Review of 2015 Benefits How to Enroll Questions.

Health Savings Accounts (HSAs) Everything You Need to Know.

Instructions: To watch the presentation, select slide show in the menu above. Then choose “From Beginning,” hit enter and the presentation will begin.

Open Enrollment 2014 Flexible Spending Account (FSA)

Flexible Spending Accounts Plan Overview. What is a Flexible Spending Account (FSA)? There are two types of FSA’s. The two types of accounts are medical.

PPO Plans What You Need To Know Burt Krebs Virginia State Insurance Manager.

Agenda Open Enrollment Overview Flexible Spending Account (FSA) – Overview – Eligibility – Types of Accounts – Savings Example – Plan Year – Payroll Deductions.

Important Information About Prepaid Benefits Cards Flexible Spending Account Enrollment EC

Did You Know?. Did You Know? Employees are now contributing 45% more to their health care expenses than they did five years ago. Towers Watson/NBGH.

Meet Dan. Meet Dan He’s twenty-something, Healthy,

Brace Yourself.. Brace Yourself. It’s that time,

It’s Time. It’s Time To Save On Your Out-of-Pocket Health Care Expenses.

Meet Dan. Meet Dan He’s twenty-something, Healthy,

Meet Dan. Meet Dan He’s twenty-something, Healthy,

Brace Yourself.. Brace Yourself. It’s that time,

Meet Dan. Meet Dan He’s twenty-something, Healthy,

Presentation transcript:

Did You Know?

Employees are now contributing 45% more to their health care expenses than they did five years ago. Towers Watson/NBGH Employer Survey, April, 2011

That’s right.

And if you have a family, you know your out-of-pocket expenses have gone up too.

Just take a look…

A family of four can expect to pay over $3,200 a year in medical expenses not covered by insurance!

That Includes:

Out-of-Pocket Expenses Annual Average Taxes Saved ( 25% Tax Bracket) Physician: $1,030$278 Pharmacy:$560$151 Inpatient Hospital: $1,045 $282 Other:$120$32 Outpatient Hospital: $525$142 TOTAL:$3,280$885

But, if that $3,200 is put into a Health Care FSA, a family could save over in taxes. Out-of-pocket expenses through member cost sharing at time of service. Per Milliman Medical Index 2011, published May 2011 $800

That’s because there is a tax-saving benefit

that can save you an easy percent on your hard-earned money,

And, 100% of employees are eligible to enroll –

A Flexible Spending Account (FSA).

FSAs let you use pre-tax money

to pay for medical expenses not covered by your health plan.

So, whether you need to pay for

Prescription Copays

Glasses

Contacts

Dental Expenses

Braces

Allergists

Eligible Over-the-Counter (OTC) items

In-vitro Reproductive Services

Speech Therapy

FSAs are a guaranteed discount

on money you’re already spending on health care.

And, FSA dollars can also be used for

Licensed family or child daycare centers

And, Day Camps

Life Happens.

Be prepared

To Save

On Your Out-of- Pocket Health Care Expenses.

Maximize Your Employee Benefits

You

Will

Save

BIG!

Sign Up for an FSA Today and Start SAVING Right Away! Start right away

Look for details during open enrollment, or talk to Human Resources for more information.