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1. State of Florida
Pre-tax Health Insurance Health Insurance Review
2. Types of Health Insurance:
PPO, administered by Blue Cross/Blue Shield of Florida
HMO, administered by AvMed or United Healthcare (Central Florida area)
Available options can be found online through UCF Human Resources.
Plan Options:
Standard
Health Investor Health Plan, HIP
5. Prescription Rates PPO/HMO Standard Option
6. Health Investor Health Plan (HIP)
Choice of PPO or HMO
Blue Cross, AvMed, United Healthcare
Low Premiums
High Deductibles
Participation in a Health Savings Account (HSA)
Employee assumes greater responsibility when health care is provided
7. Premiums PPO or HMO HIP Option Full time Employees
8. Deductible Comparison Chart Standard vs. HIP
9. IMPORTANT!
Under HIP plans, you are responsible for 100% of medical bills and prescription costs until annual deductible has been met.
10. Determining your share
11. Health Savings Account (HSA)
Designed to help individuals save for future qualified medical expenses on a tax-free basis
UCF will contribute $41.66/mth for individual coverage and $83.33/mth for family coverage
Employees have the option to contribute on a bi-weekly basis:
Individual: Max $3,000/yr
Family: Max $5,950/yr
Function as tax-free savings accounts
12. How HSAs Work:
Funds are available up to the amount in your HSA at any given point in time
You receive a debit card and convenience checks you can use to:
Pay eligible healthcare expenses directly or reimburse yourself for eligible healthcare expenses
Funds remaining in account at year-end roll over to future years
Funds in account are portable
Disclaimer: $3/mth maintenance fee (balance under $5,000)
13. UCF Benefits Staff:
Monday-Friday, 8am 5pm
Phone - 407.823.2771
Fax - 407.823-1095
Email - benefits@mail.ucf.edu
http://hr.ucf.edu
click benefits
People First (Insurance Administrator):
Monday-Friday, 8:00am 6:00pm
Service Center - 866.663.4735
Fax 1-800-422-3128
https://peoplefirst.myflorida.com
(userID & password required)