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Loyalty Pawn Employee Services Corner
Welcome to May!
Did you know that May is the fifth month of the year in the Julian and Gregorian Calendars and the third of seven months to have a length of 31 days? And did you know that May is a month of spring in the Northern Hemisphere and autumn in the Southern Hemisphere? May Day is a public holiday usually celebrated on May 1. It is an ancient northern hemisphere spring festival and a traditional spring holiday in many cultures. If you were born between April 20th and May 20th your astrological sign is Taurus. Now, you may ask yourself, what does being a Taurus and the month of May have to do with Human Resources?
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Absolutely nothing!
It’s just an awesome month whereby we’re soon leaving spring and getting prepared for summer! I just wanted to give a shout out to all you generous, dependable, patient, and loyal Taurus babies in the Loyalty Pawn Family!
HRA Benefits Card
Ever wonder what the heck your new HRA Benefit Card can be used for? Read on!! For Loyalty employees covered under a CalChoice Bronze or Silver medical plan, the new HRA Benefits Card will reimburse 100% of out-of-pocket expenses for medically necessary services (including deductibles, co-insurance, co-pays, and Rx co-pays, but excluding dental, vision and over-the counter expenses). This benefit is at no charge to YOU! It’s paid completely by Loyalty Pawn.
The HRA Benefit Card will not reimburse insurance premiums of any kind, including Medicare, individual health insurance, long-term care, cosmetic procedures, warranties, or membership fees that are not directly related to care.
What is the maximum benefit provided by the HRA?
The maximum annual benefit provided by HRA is CalChoice Bronze level – $3,150 Employee Only coverage or $6,300 Employee + Family coverage
CalChoice Silver level – $1,000 Employee Only coverage or $2,000 Employee + Family coverage
If you do not utilize the entire benefit, you may not roll-over the unused benefit to the subsequent plan year.
Who is covered under the HRA?
Employees, spouses, dependent children and domestic partners who are covered under a CalChoice Bronze or Silver medical plan are eligible to receive benefits under the HRA. You must be enrolled in CalChoice Bronze or Silver medical plan.
When does the HRA “refresh” (start over) each year?
The HRA benefit renews on January 1st each year so that it aligns with your medical insurance deductible. This means the full benefit will be available for qualified expenses incurred between February 1, 2018 and December 31, 2018.
