2007 FLEX$ Flexible Spending Plan

1. To insert your company logo on this slide • From the Insert Menu • Select “Picture” • Locate your logo file • Click OK • To resize the logo • Click anywhere inside the logo. The boxes that appear outside the logo are known as “resize handles.” • Use these to resize the object. If you hold down the shift key before using the resize handles, you will maintain the proportions of the object you wish to resize. 2007 FLEX$Flexible Spending Plan Administered by

2. Put $$ Back In Your Pocket! • Pay for certain expenses with pre-taxed dollars • Insurance copays • Qualified medical expenses not covered by insurance • OTC drugs • Hearing Aids • Dependent Day Care

3. Eligibility • Employee • Spouse • Qualified Dependent • Less than 19 years old,OR… • Student, less than 24 years old AND… • Lives at home for at least half the year • Receives more than half of their financial support from parent

4. Eligible Expenses • Medical copays • Dental copays • Lasik Eye Surgery • Prescription Drug Copays • Orthodontics • Much, Much More!!! • List of eligible expenses available on www.fsafeds.com

5. Acupuncture Allergy Injections Alcohol and Drug Treatment Programs Artificial Eyes and Limbs Back Supports Birth Control Supplies Chiropractic Care Diabetic Supplies Depression Medication* Hearing Aids and Batteries Insulin Treatments Infertility Treatments Nursing Organ Transplants Physical, Speech and Occupational Therapy Psychotherapy Radium Therapy Routine Physical Exams Sterilization Equipment and Supplies Arches Arthritis Treatment* Exercise Programs* Braces and Splints Crutches First Aid Kits Instruction, Training, and Equipment for the Deaf Orthopedic Shoes* Orthotics Oxygen and Equipment Support Hosiery Wheelchairs Covered Medical Expenses * Must be prescribed by a Medical Doctor, Doctor of Optometry, Doctor of Podiatry, or Osteopathic physician for specific medical condition. A copy of the prescription is needed.

6. Covered Dental Expenses • Bridges • Teeth Cleanings • Crowns • Dental X-Rays • Dentures • Teeth Extracting • Fillings • Fluoride Treatments • Gum Treatments • Oral Surgery • Orthodontics • TMJ

7. Covered Vision Expenses • Eye Exams • Eyeglasses • Reading Glasses • Contact Lenses • Lens Care Supplies

8. Over The Counter Medications Cold, cough, and flu remedies Sunscreen* Fiber supplements Antacids Band-Aids Wheelchairs Crutches Hypnosis Transportation Insurance premiums Cosmetic procedures Diapers* Toothpaste Lotion Vitamins* Imported prescription drugs Marriage counseling Teeth whitening Massage Therapy* Other Expenses Eligible Excluded

9. Dependent Day Care • $5,000 yearly maximum • Day care must be necessary so that the parent(s) can work to qualify • Care is provided by a center, nursery, babysitter, or nanny • Relatives qualify only if you cannot claim them on your tax return • Care for an elderly parent or disabled dependent is eligible if it is necessary in order for the employee to work

10. Example Day care – $200 X 12 = $2,400 Orthodontics – $125 X 12 = $1,500 Prescription - $64.00 Rx at 25% = $16.00 $16 X 12 = $192 Insurance – $20 X 8 = $160 Eye Exams – $20 X 4 = $80

11. Put $$$ Back In Your Pocket!!!

12. Flex$ Advantages • 20-30% Savings on expected expenses • Money is available when you need it • You could be in a lower tax bracket

13. Flex$ Warnings • Use it or lose it • Expenses must be incurred between January 1 and March 15 of the following year to qualify for reimbursement • All claims must be submitted by March 31 • Designated amount cannot be changed after enrollment form is submitted, unless…

14. Qualified Life Events • Marriage • Divorce • Employment • Spouse • Hours • Termination/Rehire • At least 30 days unemployed • Court orders • Birth • Death

15. Dependent Day Care • Annual election amount is $2,400.00 • $92.31 is deducted from your paycheck starting in January • At the end of March, you file a claim for $600.00 in day care expenses • You will only be reimbursed $553.86 because there have only been 6 pay periods

16. Medical vs. Dependent Day Care • Similarities: • Minimum $130 election per year • Maximum $5,000 election per year • Differences: • Medical funds available when needed • Dependent Day Care pays upon receipt of eligible expense • Use card for medical expenses

17. Flex$ Administration • PEHP handles the claims processing and reimbursement for Flex$ • Card will be issued (MasterCard) • Claims are processed within 1-4 days • You can be reimbursed through direct deposit or check in the mail • Toll free fax number is available to get claims submitted quickly • Balances can be seen at www.pehp.org or www.mbicard.com

18. Transactions and Balances Click to create an account

19. Transactions and Balances

20. Transactions and Balances Last 6 numbers on insurance card 1741000XXXXXX

21. Contact Numbers and Reminders • PEHP Flex$ Department • 801-366-7503 • Toll Free 800-753-7703 • Fax 801-366-7772 • Toll Free Fax 800-759-8772 • SAVE ALL ITEMIZED RECEIPTS!!! • Use card for doctor’s offices, hospitals, and pharmacies only • Track balances or print forms by visiting www.pehp.org

22. Questions?!?!? Thank You!