Page 6 - 2020 DAN Test
P. 6
Details a Little Fuzzy?
Here’s a Snapshot on Our Medical Plan Differences
Meet Jack Meet Jill
Jack is young and healthy, so he normally Like most youngsters, Jill’s children have
has low medical costs, but this year his frequent illnesses that require somewhat
appendix ruptured, and he had to stay in regular visits to the pediatrician (and
the hospital for a few days after having sometimes even the emergency room). Jill
surgery to remove it. He pays the employee elects Family coverage as she covers her
only rate because he is just covering children and her husband
himself.
Annual Medical Claims
Annual Medical Claims
Preventive Care Visit (2)
Preventive Care Visit (1)
Preventive Child Visits (2)
Inpatient Hospital Stay (1)
Primary Care Visits (6)
Non-Preferred Brand Rx (3)
Specialist Visits (6)
-$500 in DAN HSA contribuion ER Visit (4)
HSA $500 $4,424 total Generic Rx (12)
$5,608 total
Standard
-$1,000 in DAN HSA contribuion
$5,824 total
Enhanced
$7,678 total
$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000
Annual Employee Contribution Out-of-Pocket Cost of Care Company HSA Contribution
$8,152 total
Jack should consider the HSA plan because this
plan offers him the lowest costs per paycheck
and with his $500 HSA contribution from DAN, his $10,816 total
total out of pocket costs are $1,184 lower than the
Standard PPO. Jack also has the option to make
his own HSA contributions on a pre-tax basis to
have savings on hand to meet his out of pocket
medical expenses. Jill originally thought she would prefer to enroll in
either the Standard or Enhanced plans but realized
In 2020, DAN contributes a pro-rated monthly that with her $1,000 HSA contribution from DAN
amount to your Health Savings Account and the lower employee contributions, she was bet-
totaling $500 for individual coverage or ter off selecting the HSA plan, where her costs are
$1,000 for covering family members. lowest. She also has the option to make her own
HSA contributions on a pre-tax basis to have savings
on hand to meet her family’s out of pocket medical
expenses.
6 BenefitsPlus - 2020 Annual Enrollment
Here’s a Snapshot on Our Medical Plan Differences
Meet Jack Meet Jill
Jack is young and healthy, so he normally Like most youngsters, Jill’s children have
has low medical costs, but this year his frequent illnesses that require somewhat
appendix ruptured, and he had to stay in regular visits to the pediatrician (and
the hospital for a few days after having sometimes even the emergency room). Jill
surgery to remove it. He pays the employee elects Family coverage as she covers her
only rate because he is just covering children and her husband
himself.
Annual Medical Claims
Annual Medical Claims
Preventive Care Visit (2)
Preventive Care Visit (1)
Preventive Child Visits (2)
Inpatient Hospital Stay (1)
Primary Care Visits (6)
Non-Preferred Brand Rx (3)
Specialist Visits (6)
-$500 in DAN HSA contribuion ER Visit (4)
HSA $500 $4,424 total Generic Rx (12)
$5,608 total
Standard
-$1,000 in DAN HSA contribuion
$5,824 total
Enhanced
$7,678 total
$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000
Annual Employee Contribution Out-of-Pocket Cost of Care Company HSA Contribution
$8,152 total
Jack should consider the HSA plan because this
plan offers him the lowest costs per paycheck
and with his $500 HSA contribution from DAN, his $10,816 total
total out of pocket costs are $1,184 lower than the
Standard PPO. Jack also has the option to make
his own HSA contributions on a pre-tax basis to
have savings on hand to meet his out of pocket
medical expenses. Jill originally thought she would prefer to enroll in
either the Standard or Enhanced plans but realized
In 2020, DAN contributes a pro-rated monthly that with her $1,000 HSA contribution from DAN
amount to your Health Savings Account and the lower employee contributions, she was bet-
totaling $500 for individual coverage or ter off selecting the HSA plan, where her costs are
$1,000 for covering family members. lowest. She also has the option to make her own
HSA contributions on a pre-tax basis to have savings
on hand to meet her family’s out of pocket medical
expenses.
6 BenefitsPlus - 2020 Annual Enrollment
