IMPORTANT: Effective beginning on January 1, 2011, over-the-counter medicines or drugs (e.g. Advil, Ibuprofen, cough syrup) are not eligible for reimbursement under an FSA, without a doctor’s prescription. Insulin is the only medicine that doesn’t require a prescription. Also supplies that you need for medical care (e.g. contact lens solutions, bandages for wounds, thermometers) will continue to be eligible for reimbursement.
As such, upcoming enrollment in your employer’s flexible spending account should take into consideration as of 1/1/2011, over the counter items will no longer be reimbursable under the health FSA.
IMPORTANT INFORMATION FOR THE NEW BENEFIT PLAN YEAR
SEPTEMBER 1, 2010 – AUGUST 31, 2011
- Arlington ISD Plan year is from September 1 through August 31.
- Updating Dependent Information – A new Mandatory Reporting Law now requires that we collect social security numbers for all dependents that are covered on any insurance plan. You will need to ensure your covered dependents’ social security numbers are in the benefits system.
- Updating Beneficiary Information – You can change your beneficiary information anytime, however, Annual Open Enrollment is a good time to ensure your life insurance beneficiaries are correct in the Benefits System.
- TRS-ActiveCare Medical: Rates are increasing 7% for the plan year beginning
September 1, 2010. The following changes have been made to the TRS Medical Plan:
o Plan 1 – Annual deductible is changing from $1,150 to $1,200
o Plan 1 HD – Annual deductible is changing from $2,300 to $2,400
o Plan 2 – Doctor visit copays are changing from $25 to $30 for a primary care office visit and from $35 to $50 for a specialist office visit.
o You will receive a new Medical ID card from Blue Cross and a new Prescription Drug ID card from Medco.
o You will receive a new Medical ID card from Blue Cross and a new Prescription Drug ID card from Medco.
- Declining Medical Coverage - If you are declining the TRS ActiveCare Medical Plans for yourself or any of your dependents, you are required to complete a “Declination Certificate” each year. This certificate can be found in the back of the AISD Employee Benefit Guide or under the benefits and forms link / Medical / Declination Certification.
- Voluntary Group Life Insurance: During Open Enrollment you may elect to increase your life insurance by one unit ($10,000 for you, $5,000 for your spouse) up to the guaranteed coverage amount without evidence of insurability. Any increases above this will be subject to evidence of insurability.
- Dental Insurance: Dental DHMO- The vendor for Dental DHMO insurance has changed from CompBenefits/Humana to CIGNA. As a result, the rates for the DHMO plan have decreased. Your DHMO Dental coverage with CompBenefits/Humana will rollover to the CIGNA DHMO plan. However, you will be required to select a DHMO Dental provider within the CIGNA network. You do this online in the Benefits System during Open Enrollment. If you do not select a new network dentist, CIGNA will assign you to a DHMO provider in your home zip code area.
- Flexible Spending Accounts:Medical Reimbursement Account– You will not be receiving a new MGM Flex Card for the 2010-2011 benefits plan year. You will need to continue to use the card you received during the 2009-2010 benefits plan year.
THINGS TO REMEMBER…
- Medical and Dependent Care Reimbursement Accounts: The maximum amount you can contribute into the medical reimbursement account will be $3,600.00 (or $300 per month). The maximum amount you can contribute into the dependent care account will be $5,000.00 (or $416.66 per month) if married filing jointly and $2,500.00 (or $208.33 per month) if filing single.Please keep in mind that you must use all of the money that you put into these accounts or you will lose it.
- If you enroll in the Vision plan with VSP, NO cards are necessary. You can look up a participating provider on both of the carrier websites.
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Financial Benefit Services, LLC
2121 N. Glenville Drive
Richardson, TX 75082
Local: 469.385.4640
Toll Free:800.583.6908
Fax: 469.385.4641 |
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