Insurance Initialisms
The time of year when your benefit plans renew in abbreviated form.
What is OE (Open Enrollment)?
This is the type of plan that provides health insurance.
What is medical?
The IRS limits the amount of annual contributions to this type of account that helps you save for covered medical expenses on a tax-free basis.
What is a Health Savings Account?
What were the final two things you had to do to complete your EasyApps enrollment?
What was Sign and Submit?
United Healthcare proactively reaches out to members with certain specific chronic conditions to help them manage their disease.
What is the Disease Management Program?
Without one of these major life changes, you cannot make any changes to your elections outside of Open Enrollment.
What is a QE (Qualifying Event)?
This is a traditional copay plan that offers copays for the most common medical services without meeting your deductible first.
What is a PPO (Preferred Provider Organization)?
This is the only type of medical plan that you can be enrolled in if you want to participate in an HSA (Health Savings Account) and it has the lowest premiums of the three Polysource health plans.
What is a High Deductible Health Plan?
If you don't submit your benefit election forms to Cathy Koverman by this date, she will surely come and find you!
What is November 15th, 2019?
This is United Healthcare's virtual weight loss wellness program that uses live online coaching to help members make positive lifestyle changes and lose weight.
What is Real Appeal?
This is the new health insurance carrier for Polysource beginning 12/1/2019.
What is UHC (United Healthcare)?
This is the type of insurance you want if your children under the age of 19 need braces.
This is the maximum amount you can contribute to your HSA in 2020 if you are enrolled with employee only coverage on the HDHP.
What is $3,550?
You will have to fill out this form if you want to change your medical elections from what you stated in EasyApps.
What is the UHC enrollment form?
This is the name of UHC's provider network for all three Polysource medical plans.
What is UHC Choice Plus Network?
This is a tax-advantaged plan that allows you to deposit pre-tax dollars into a bank account to use for qualified medical, dental and vision expenses.
What is an HSA (Health Savings Account)?
If you are having trouble reading the signs on the highway you may need to use this type of insurance to have an eye exam.
What is Vision insurance?
This feature of an HSA means that you can take your HSA account with you if you leave Polysource.
What is portability?
If you want to enroll in the new voluntary benefit for yourself, your spouse or your child that Polysource is offering for the first time you will have to complete this form.
What is a MetLife Voluntary Life and AD&D enrollment form?
This is United Healthcare's wellness program that members on the HDHP can use to earn free money for their HSA by walking more each day.
What is Motion?
This is the only type of medical plan that can be paired with an HSA or Health Savings Account. It has the lowest premiums of the three Polysource medical plans.
What is an HDHP (High Deductible Health Plan)?
Polysource is offering you the opportunity to purchase this type of coverage for yourself, your spouse and your children for the first time through MetLife.
What is Voluntary Life and AD&D insurance?
At this age, you can use the funds in your Health Savings Account for any purpose without a 20% penalty. You will have to pay income taxes if you spend it on non-medical expenses, though.
What is 65?
Even if you are making no changes to your elections for the 2019/2020 plan year or waiving coverage altogether, you still have to sign and submit this form to Cathy Koverman by November 15th.
What is your benefits election form?
Two blue hearts by a provider's name means they are this type of UHC provider.
What is a Designated or Tier 1 Provider?