Mass Group Marketing, Inc. and Financial Benefit Services, LLC 2019 Benefits Program Carrier
Coverage
Page Number
Mellon Bank
Health Savings Account (HSA)
Page 4
National Benefit Services (NBS)
Flexible Spending Account (FSA) Limited & Unlimited Dependent Care
Page 4-5
Insurance Terms To Know BCBS of Texas MDLive BCBS CIGNA DAVIS VISION 5Star One America MASA American Public Life Insurance (APL)
UNUM Fidelity Investments Travelers Insurance Company ID Watchdog
Medical Medical Telehealth Service PPO Dental DHMO Dental Vision Term to 100 Life Basic Life/AD&D Voluntary Life/AD&D Medical Transport Solution Group Cancer Accident Insurance MedChoice Hospital Indemnity Short-Term Disability Long-Term Disability Travel Assist EAP 401(K) Identity Fraud Expense Reimbursement Coverage Identity Theft
Page 6-9 Page 10-13 Page 15-16 Page 17 Page 18 Page 19-20 Page 21 Page 22-24 Page 25 Page 26-29
Page 30-34 Page 35 Page 36 Page 37
Before selecting a health plan, consider the following‌ What are your benefit needs? Consider your health costs over the last year. How often did you visit your provider? Do you have regular prescriptions? Individuals that have very few office visits and prescriptions may save by choosing a plan with lower premiums and a higher deductible. Families with frequent doctor visits and prescriptions may save more by choosing a plan with a lower deductible and higher premium.
January 1 – December 31, 2019
Are those needs changing? If you anticipate a costly medical procedure or expect to have additional medical expenses in the near future, you will want to pay close attention to the deductible and maximum out of pocket on the plan. You may meet these quickly if you anticipate having higher medical expenses.
Should you go with a higher cost plan? When you pay more in premiums for your medical coverage, you pay less when you need to use it. However, will it save you money? Carefully review your expected medical expenses; you may save more money in premiums with a higher deductible plan, even after anticipated medical expenses.
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