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Frequently Asked Questions
1. Who are the insurance carriers?
Y Medical: Blue Cross Blue Shield
Y Prescription Drug: CVS Caremark
Y Dental, Life, Short and Long Term Disability, Accidental Death
and Dismemberment (AD&D), and Accident and Critical
Illness: Cigna
Y Vision: EyeMed
Y Flexible Spending Accounts: Flores and Associates
Y Health Savings Account: Flores and Associates
2. How will I enroll or make changes?
If you are enrolling for the irst time or want to make changes to your
current elections you will use SyncHR to do so.
3. When does my health coverage begin?
New hires are eligible the irst of the month following 60 days of
employment.
4. What is a “Deductible”?
A deductible is the amount you pay for covered healthcare services
before your insurance plan starts to pay. With a $2,000 deductible,
for example, you pay the irst $2,000 of covered services yourself.
After you pay your deductible, you usually pay only a copayment or
coinsurance for covered services.
5. What is a “Copayment”?
Copayment (or “copay”) is a charge that the health insurance plan
requires you to pay in order to receive a speciic medical service
or supply. For example, your health insurance plan may require
a $40 copayment for an ofice visit that costs $180 with the plan
paying $140.
6. What is “Coinsurance”?
Coinsurance is the percentage of costs of a covered healthcare
service you pay (20%, for example) after you’ve paid your deductible.
Let’s say your health insurance plan’s allowed amount for an ofice
visit is $100 and your coinsurance is 20%. If you’ve paid your
deductible: You pay 20% of $100, or $20.
Florida Cancer Specialists and Research Institute 33
1. Who are the insurance carriers?
Y Medical: Blue Cross Blue Shield
Y Prescription Drug: CVS Caremark
Y Dental, Life, Short and Long Term Disability, Accidental Death
and Dismemberment (AD&D), and Accident and Critical
Illness: Cigna
Y Vision: EyeMed
Y Flexible Spending Accounts: Flores and Associates
Y Health Savings Account: Flores and Associates
2. How will I enroll or make changes?
If you are enrolling for the irst time or want to make changes to your
current elections you will use SyncHR to do so.
3. When does my health coverage begin?
New hires are eligible the irst of the month following 60 days of
employment.
4. What is a “Deductible”?
A deductible is the amount you pay for covered healthcare services
before your insurance plan starts to pay. With a $2,000 deductible,
for example, you pay the irst $2,000 of covered services yourself.
After you pay your deductible, you usually pay only a copayment or
coinsurance for covered services.
5. What is a “Copayment”?
Copayment (or “copay”) is a charge that the health insurance plan
requires you to pay in order to receive a speciic medical service
or supply. For example, your health insurance plan may require
a $40 copayment for an ofice visit that costs $180 with the plan
paying $140.
6. What is “Coinsurance”?
Coinsurance is the percentage of costs of a covered healthcare
service you pay (20%, for example) after you’ve paid your deductible.
Let’s say your health insurance plan’s allowed amount for an ofice
visit is $100 and your coinsurance is 20%. If you’ve paid your
deductible: You pay 20% of $100, or $20.
Florida Cancer Specialists and Research Institute 33
