From Nov. 5 to 16, Bon Secours Employees can make their 2013 Flexible Spending Account (FSA) elections and sign up for voluntary benefits. Below are the highlights about what’s new this year:
FSAs enable you to pay for your qualified health and dependent care expenses with pre-tax dollars, saving you money by reducing your taxable income. The IRS has changed the Health Care FSA account maximum from $5,000 to $2,500; the Dependent Care FSA account maximum remains at $5,000.
Voluntary Benefits Changes
Representatives will be on site during Open Enrollment to provide you with information about their various voluntary benefit offerings including:
- interest-sensitive whole life insurance with a qualified long-term care rider
- critical illness insurance
- legal insurance
- computer purchasing program (offered through Purchasing Power)
These benefits will now be available through Allstate. Voluntary benefits are entirely optional, and Bon Secours does not contribute to the products. If you’re currently enrolled in a UNUM voluntary benefits product, you may keep your current coverage, discontinue your coverage or move to Allstate.
Mail Order Savings
If you’re taking maintenance drugs, Express Scripts will automatically enroll you for mail-order refills through their Select Home Delivery program. However, you can opt out and use a Bon Secours or retail pharmacy if you prefer.
As an added incentive to use home delivery, the first co-payment for each generic maintenance medication you transfer between Nov. 15 and Jan. 15, 2013, will be free, up to $50 per person. Contact Express Scripts at 866-456-4311 for details.
Expanded Rx Network
Walgreens is again part of the Express Scripts network.
For more information, look for your Fall Open Enrollment Kit in the mail or visit BSHSIGoodChoices.com.