A Premium Credit is an amount provided for you to shop for your medical/dental/vision Plans. Regardless of Plan selection(s), there will be an excess/remainder that will fund either an HRA (Health Reimbursement Account, if enrolled in B1000 or CDHPs) or an HSA (Health Savings Account, if enrolled in HDHPs).
Ind. + 1: $1,460
Plan elections DO NOT impact local church billing.
Individual: $782/m (church responsibility)
Dependent: $782/m (optional, pastor responsibility)
Family: $1,564/m total
Plan elections DO impact what remains of the Premium Credit to fund your HRA or HSA. See HERE for actual Plan costs to calculate your excess Premium Credit amount.
Log in to your HealthFlex/WebMD account, click "My Healthflex Benefits", then click "Health Accounts - Health Equity/WageWorks". This opens a new tab (no further sign-in required) to view balances & transaction history, and request a replacement or dependent debit card.
Two types: Medical FSA and Dependent Care FSA. Participant-funded.
Medical FSAs -used to pay for eligible medical, dental, and vision care expenses that aren’t covered by your insurance plan or elsewhere. Important to remember: If you are in an HDHP with an HSA, it may be beneficial to fully fund the HSA first
Dependent Care FSAs - used to pay for dependent care services, such as preschool, summer day camp, before or after school programs, and child or elder daycare.