July 1, 2022 Changes
Medical
Insurance premiums reflect a slightly moderate increase due to market. The salary bands and tiers within the premium structure will remain unchanged this year
Transition from Aetna to Meritain Health (An Aetna Company) for claims administration. Meritain will issue new member ID cards that will include the CVS Caremark Prescription Drug Plan information. Members will register and log in to Meritain's portal to view ID card, find a doctor, view claims and coverage.
Members will continue to use the Aetna Choice POS II network when searching for participating providers.
No change in medical or prescription plan design - co-insurance percentage, deductibles, co-pays, maximum out-of-pocket will remain the same.
Dental
United Concordia will issue new member ID Cards this year.
No change in insurance premiums or plan design for both the Low Option and High Option plans.
Vision
No change in insurance premiums or plan design.
Flexible Spending Accounts
Health Care Flexible Spending Account
The annual election amount is increased to $2,850 to coincide with IRS regulations and covers out of pocket health care expenses. Contributions should be planned carefully based on predictable medical, prescription drug, dental and vision expenses, because the Internal Revenue Service (IRS) requires that any money left unclaimed in your account at the end of the plan year's "grace period" (September 15) be forfeited.
Dependent Care Flexible Spending Account
The annual election amount remains unchanged at $5,000 or up to the total salary of the lowest paid spouse (whichever is less) and covers work related dependent care expenses.