Page 9 - TVS New Hire Guide
P. 9
2020
TVS SCS NA New Hire Guide
Wellness and TVS SCS NA’s Contribution (Seed) to HSAs
TVS SCS NA will continue to seed employee HSAs based on the below wellness related activities.
TVS Seed to HSA (not related to wellness participation) When Single Family
2020 One-Time HSA Seed 01/01–12/31/2020 $250 $400
2020 Weekly Seed 01/01–12/31/2020 $5 .77 weekly $11 .54 weekly
($300 annually) ($600 annually)
Wellness Incentives How
Get a Personalized Biometric Complete a biometric 01/01–12/31/2020 $300 $300 up to
Health Screening and Complete screening and then visit 2; employee
the Cigna Health Assessment; mycigna .com to access and and spouse
Share the Results with complete the Health Assessment
Your Doctor
Complete an Online Coaching Explore online coaching goals on 01/01–12/31/2020 $100 (complete $100 (complete
Goal (includes Tobacco mycigna .com up to 2 coaching up to 3 coaching
Cessation program) goals) goals per family)
Complete My Annual Physical Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
(preventive exam)
Get My Annual OB/GYN Exam Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
(preventive exam)
Get a Mammogram Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
(preventive exam)
Get a Preventive Dental Exam Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
Get a Flu Shot Schedule your appointment today! 01/01–12/31/2020 $25 $25 per individual
(preventive exam)
Get a Colon Cancer Screening Schedule your appointment today! 01/01–12/31/2020 $25 $25 per individual
(preventive exam)
2020 Total HSA Maximum Rewards
TVS Annual Seed 01/01–12/31/2020 $550 $1000
Wellness Annual Incentives 01/01–12/31/2020 $550 $800
Total HSA Seed Available 01/01–12/31/2020 $1,100 $1,800
Please note: HSA seeding funds may take up to 60 days to be applied to your account .
Which Medical Plan is Right for You?
With the option to select the HDHP/HSA or PPO, many may wonder which plan is better. The answer will vary
from person to person based on considerations such as the following.
Wellness plan participation—the amount of money Expected medical expenses
TVS SCS NA would contribute to your HSA Payroll contributions
should you enroll in the HDHP/HSA How you prefer to pay for healthcare expenses
Budget considerations
Comfort level with an HSA
9
TVS SCS NA New Hire Guide
Wellness and TVS SCS NA’s Contribution (Seed) to HSAs
TVS SCS NA will continue to seed employee HSAs based on the below wellness related activities.
TVS Seed to HSA (not related to wellness participation) When Single Family
2020 One-Time HSA Seed 01/01–12/31/2020 $250 $400
2020 Weekly Seed 01/01–12/31/2020 $5 .77 weekly $11 .54 weekly
($300 annually) ($600 annually)
Wellness Incentives How
Get a Personalized Biometric Complete a biometric 01/01–12/31/2020 $300 $300 up to
Health Screening and Complete screening and then visit 2; employee
the Cigna Health Assessment; mycigna .com to access and and spouse
Share the Results with complete the Health Assessment
Your Doctor
Complete an Online Coaching Explore online coaching goals on 01/01–12/31/2020 $100 (complete $100 (complete
Goal (includes Tobacco mycigna .com up to 2 coaching up to 3 coaching
Cessation program) goals) goals per family)
Complete My Annual Physical Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
(preventive exam)
Get My Annual OB/GYN Exam Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
(preventive exam)
Get a Mammogram Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
(preventive exam)
Get a Preventive Dental Exam Schedule your appointment today! 01/01–12/31/2020 $50 $50 per individual
Get a Flu Shot Schedule your appointment today! 01/01–12/31/2020 $25 $25 per individual
(preventive exam)
Get a Colon Cancer Screening Schedule your appointment today! 01/01–12/31/2020 $25 $25 per individual
(preventive exam)
2020 Total HSA Maximum Rewards
TVS Annual Seed 01/01–12/31/2020 $550 $1000
Wellness Annual Incentives 01/01–12/31/2020 $550 $800
Total HSA Seed Available 01/01–12/31/2020 $1,100 $1,800
Please note: HSA seeding funds may take up to 60 days to be applied to your account .
Which Medical Plan is Right for You?
With the option to select the HDHP/HSA or PPO, many may wonder which plan is better. The answer will vary
from person to person based on considerations such as the following.
Wellness plan participation—the amount of money Expected medical expenses
TVS SCS NA would contribute to your HSA Payroll contributions
should you enroll in the HDHP/HSA How you prefer to pay for healthcare expenses
Budget considerations
Comfort level with an HSA
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