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Group Name Plan Year : 1/1/11-12/31/11. Find and Replace ( to be edited).
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Group Name Plan Year : 1/1/11-12/31/11
Find and Replace ( to be edited) Getting Started: Enrollment presentations can be shown to your employees to help explain how to use their Choice Strategies card in conjunction with their health insurance plan. Before distributing this handout to employees, please find and edit the following: • Group Name : Group Name • Health Insurance Carrier : Carrier • Plan Year : 1/1/11-12/31/11 • Plan Start Date : 1/1/11 • HRA Single Deductible : $$$ • HRA Family Deductible : $$$$ • Carrier Single Deductible : $$$$$ • Carrier Single Deductible : $$$$$$ • FSA Maximum : $2500 Footer info here
New Health Plan • Health Plan Deductible: • Single : $$$$$ • Family : $$$$$$ • Effective 1/1/11, Choice Strategies will be administering: • Health Reimbursement Arrangement (HRA) • Flexible Spending Account (FSA) • Dependent Care Account (DCA) Footer info here
Health Reimbursement Arrangement (HRA) Group Name’sHRA plan • Plan Year: 1/1/11 – 12/31/11 • The HRA reimburses up to: • Single: $$$ • Family: $$$$ • This money can be used for any expenses that apply to your Carrier Deductible: • Office Visits • Hospital • Prescriptions • Outpatient, etc Footer info here
Flexible Spending Account (FSA) • You can elect up to $2500 • Plan Year: 1/1/11 – 12/31/11 • Pre-tax money, contributed through payroll deductions • “Use it or Lose it” • Eligible expenses: • Medical & Rx expenses • Dental Expenses • Vision Expenses • Limited OTC Footer info here
Dependent Care Account (DCA) • You can elect up to: • $2500 if single, or married filing separately • $5000 if married filing jointly • Plan Year: 1/1/11 – 12/31/11 • Pre-tax money, contributed through payroll deductions • Pay as you go, can only spend what you have contributed • “Use it or Lose it” • Eligible Expenses : Custodial Care of dependents while employee is at work Footer info here
Savings Example Footer info here
Payment to Medical Providers • Reminders : • Do Not Pay on the Date of Service, you will receive the EOB from your insurance company. • Always give your provider your Carrier ID card and ask your provider to submit to insurance. Footer info here
Substantiation • Group Name is required by Federal Law to substantiate all claims. In other words, the plan must prove that the purchases made with the Choice Strategies card were for eligible expenses. • Choice Strategies has partnered with Carrier to receive a weekly data-feed of medical and Rx claim data for all of our members enrolled on a Carrier health plan. Essentially, the data-feed provides Choice Strategies with all of the information found on our members’ Explanation of Benefits (EOB) Statements. • IIAS (Inventory Information Approval System) • Merchants such as grocery stores, and pharmacies must be able to differentiate between health eligible and ineligible items at the point of purchase • No Request for documentation if IIAS Approved • Pharmacy (List available on website) Footer info here
End of Plan Year Plan Year: 1/1/11-12/31/11 • Run-out Period - You have 3 months after the plan year ends, to submit all outstanding claims for expenses that occurred during the plan year. • Example: If the plan year ends 12/31/11, you have until 3/31/12 to submit manual claims for dates of service that occurred during your 2011 plan year. Footer info here
Contacting Member Services • Toll Free Phone : 1-(888)-278-2555 • Mon-Thurs 8:00 am – 7:00 pm EST • Friday 8:00 am – 5:00 pm EST • Email : memberservices@choice-strategies.com • Live Chat : www.choice-strategies.com • Mon-Thurs 8:00 am – 4:45 pm EST • Friday 9:00 am – 4:45 pm EST Footer info here
Online Account • Check Account Balances • Submit Claims Online • Edit Direct Deposit Info • View Transaction History • Upload Documentation • Report Card Lost/Stolen Footer info here
How to Submit a Claim Manually • Online • Login to Online Account • Select “Request Reimbursement” • Fill out required fields • Upload Documentation • Select “Submit” • Email, Fax, or Mail • Fill out a Claim Form (available on website or by contacting Member Services) • Attach Documentation Footer info here
Questions? Footer info here