Tax Free Accounts
Functions
Current Plans
Key Terms
MISC
100
This account is managed by the colleagues and has annual balance maximums set by the IRS?
What is the Health Savings Account
100
If a colleague enrolls in this plan mid-year he/she will receive a prorated drop-in of funds not the full employers contribution?
What is the Health Savings PPO
100
Who is the administrator for Trinity Health medical plans?
Who is BCBSM
100
What is a deductible?
What is the amount a participant is responsible for paying each plan year prior to the plan paying its portion of eligible medical expenses. Some services, such as life threatening emergency care, may be exempt from the deductible
100
What is the name of the Third Party Administrator for the funding portion of the Health Savings PPO plan?
What is Heath Equity (HE)
200
This account is used to reimburse medical expenses for colleagues who qualify?
What is the Health Reimbursement Account
200
What date am I required to complete the Health Assessment by?
What is February 1, 2016
200
Name the four medical plans offered by Trinity Health
What are Traditional PPO, Health Savings PPO, Essential PPO, and Essential PPO Assist
200
What is co-insurance?
What is a percentage of participants’ expenses that he/she is responsible AFTER the deductible is met.
200
A colleague can search for providers in the Tier 1 and Tier 2 networks on this site?
What is bcbsm.com
300
You must have a QLSE to make changes to this account mid-year?
What is HCSA (FSA Health) DCSA (FSA Dependent)
300
What documents are needed to add a dependent child to coverage?
What are a birth certificate, 1040A or 1040EZ, tax form
300
Which medical plan assists low income colleagues with medical costs?
What is Essential Assist PPO
300
What is out of pocket maximum?
What is the maximum amount the colleague will pay out of pocket for covered medical expenses within the plan year. Once the colleague reaches the out of pocket maximum, services are covered at 100% NOTE: Includes deductible, coinsurance and co-pays for all covered services including prescriptions
300
The funds in this account will rollover if the colleague is re-approved for the same plan the next year?
What is Health Reimbursement Account
400
You can have this account with any medical plan?
What is DCSA, Flex Spending Dependent Care
400
How many days will a colleague have to complete QLSE changes and supply documentation to HR?
What is 30 days
400
Who administrators the Health Assessment for TH colleagues effective 2016?
Who is Red Brick- Live your whole life
400
What is a co pay? Can this payment end?
What is a flat dollar payment required for specific services. Yes, once the OOPM is met colleagues will have no out of pocket costs, including copays.
400
These carriers does not supply colleagues with ID cards?
What are Delta Dental and United Health Care (UHC) vision
500
You can have this account with the Essential Assist but not with the HSA?
What is the HCSA, FSA Health, Flex Spending Health
500
If a colleague enrolls in a FSA Health or Dependent care account in error for 2016, what will happen?
What is the account is closed if funds have been deducted they will be refunded.
500
Contingent colleagues are eligible for medical coverage under what act and what are the rules?
What is the Affordable Care Act and they must have 12 continuous months of service working a minimum of 30 hours a week
500
What is the LPHRA? And what does it stand for?
What is Limited Purpose Health Reimbursement Account, these funds were transitioned from the PCA balances and can be used to reimburse colleagues with current dental and vision expenses through December 2016
500
What is the SSTBW for 2016? And what does that mean for premium cost?
What is $118,500 premium cost are more when colleagues earn this amount
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