Archive for ‘Benefits’

Benefits Tip – HRA Benny Card

by   |  06.06.16  |  Announcements, Benefits

It is important to note that facility and provider claims will NOT be automatically paid out of your HRA account as they have been in the past.  In order for the provider or facility to receive payment, you must pay the provider using your Benny Card (or out of pocket) after you receive your bill and EOB.

The pharmacy is able to run your prescription as a claim with your insurance at the point of service.  You should use yourBenny Card at the pharmacy to pay for your prescriptions.
If you exhaust the funds in your HRA, you will begin to pay out of pocket until you reach your deductible.  Once your deductible is met, the plan begins to pay at 100% for in-network expenses.

Benefits Tip – CVS/Caremark

by   |  05.30.16  |  Announcements, Benefits

Put Caremark.com to work for you. We want you to get more from your prescription benefits. And since you’ve registered at Caremark.com, it’s easier than ever.

  • Choose convenient 90-day prescription refills and have them delivered right to your door.
  • Our drug cost tool is just one way to find personalized savings opportunities.
  • Choose how you receive prescription information – by email, text or phone.
  • Submit a new prescription, order refills and track costs from wherever you are using the Mobile App.

Benefit Tip – Reimbursement From Your HSA Account

by   |  05.09.16  |  Announcements, Benefits

If you want to make contributions to your HSA or withdraw funds to reimburse yourself for IRS-qualified expenses from an external bank account, just follow these quick and easy steps.

1. After logging into your account, click on the Profile tab.
2. Click on Banking/Cards.
3. Click on the Add Bank Account link.
4. Fill out the form with your account and institution information and select your account type (i.e., Savings, Checking). Once completed, click on the Submit button.
5. After you have submitted the account information, HSA Bank will send a small deposit to your external account within three (3) business days to verify your banking information.
6. Once the deposit is received in your external account, you need to validate your banking information using the steps below.
7. Navigate to the Banking/Cards section of the Profile tab.
8. Click on Activate under your bank account information.
9. To activate your account, enter the amount (between $.01 – $1.99) we deposited into your checking/savings account and click Submit. Upon completion, your account will be available for contributions and withdrawals.

Benefit Tip – Assurant Member Login

by   |  05.02.16  |  Announcements, Benefits

With Online Advantage you can view your benefit information online at your convenience. It’s an e-service solution that we offer to plan members to find information about your benefits with the click of a mouse! At any time you can login to view information about your benefits. For plan members you can:

  • View eligibility
  • View claims status
  • Change facility (for prepaid members)
  • Request ID card
  • Dental cost estimator
  • Search for a network dentist
  • Contact customer service

You can also access your benefit details through our mobile app – Benefit Tools.

Benefit Tip – HSA Contribution Limits set by the IRS

by   |  04.25.16  |  Announcements, Benefits

If you are enrolled in Employee only coverage on the HSA, the annual contribution limit is $3,350, including the $750 ACU contributes. If you are enrolled in Employee plus dependents coverage, the annual contribution limit is $6,750, including the $1,500 ACU contributes. If you are 55+, you are allowed to contribute an additional $1,000 per year. If you and your spouse work at ACU and are both on ACU’s health insurance, the annual contribution limit for your family is $6,750 regardless of which plans you are enrolled in. You can make changes to your HSA contributions at any time by completing the HSA Contribution Change Form, and turning it into the HR office, Box 29106.

Benefit Tip – Let Us Help You

by   |  04.18.16  |  Announcements, Benefits, Events

If you would like help setting up and reviewing your GPA account, HSA Bank account, or Discovery Benefits account, HR will be in the Library computer lab on the 3rd floor this Thursday, April 21st from 2:00 – 4:00 p.m. We can review your claims, EOBs, HSA or HRA funds, etc.

Benefits Tip – Paying Medical Bills

by   |  04.11.16  |  Announcements, Benefits

If you receive a medical bill in the mail, do not pay it until you have reconciled it against your Explanation of Benefits (EOB). To view your EOB,  first login to your GPA account. Next, click on your “Claims” tab. You can then click on the claim number on the left-hand side of the page. There will be a link on the top left-hand side of the page titled “Original EOB.” This Explanation of Benefits will tell you the discounted rate you owe for a particular claim.

Benefits Tip – Retirement Plan

by   |  03.28.16  |  Announcements, Benefits

It’s never too early or too late to start planning for retirement. ACU and TIAA-CREF offer a robust plan with several options to reach your goals. The plan allows you to change your allocations at any time and a three year cliff vesting. Visit HR’s website for more information.

Benefits Tip: Flexible Spending Account/2015 Runout

by   |  03.06.16  |  Benefits

If you have remaining funds in your 2015 flexible spending account, you may use your Discovery Benefits Visa Card through 3/15/2016 in order to access the 2015 plan year balance. Your 2015 funds WILL NOT be available from 3/16/2016 forward. As an alternative to using your Discovery Card to access your 2015 balance, you can submit manual claims or online claims through 3/31/2016.

Benefits Tip – Health Insurance FAQ’s

by   |  02.29.16  |  Announcements, Benefits

Please remember to keep checking the  2016 Health Insurance FAQ google doc. We are continuing to update this document with additional information. The HRA and HSA sections have updated information as of 2/26/16.