Page 10 - Union COBRA Guide
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Additional FSA Program Details
Our FSA program is administered through UnitedHealthcare (UHC).
Since UHC also administers our account-based medical programs, if
you enroll in one of our UHC plans and elect to participate in the FSA
program you can manage your medical and FSA claims at the same time
through myuhc.com.
If you move from the HRA plan to the HSA plan and have a balance in
your FSA, you will need to exhaust your FSA balance by 12/31/2015.
FSA $500 Rollover
All eligible expenses must be incurred by December 31 and must be
submitted to UnitedHealthcare for reimbursement by March 31, 2016.
FSA claim forms are available on the Nortek Employee Portal or at
myuhc.com. However, our FSA program includes a $500 rollover
provision. You can rollover up to $500 of unused FSA dollars into your
account to use next year. The amount you rollover is in addition to your
regular annual election. If you have funds in your FSA to rollover, you
need to open an FSA for the 2016 plan year to access those funds.
Restricted Debit Card
When you enroll in the UHC HRA and also enroll in the healthcare FSA
you will receive a restricted debit card to use for FSA eligible expenses.
Earn $200 When You Your FSA debit card eligible expenses include dental, vision, pharmacy,
Enroll and over-the-counter medications with a written prescription from your
Employees who enroll in the FSA doctor. Under the UHC HRA plan, any expenses you incur to satisfy
program in 2016 will receive company your medical deductible or out-of-pocket maximum are directly applied
paid dollars into their FSA in addition toward your HRA account. Additionally, in the HRA plan, when you
to their own pre-tax contribution. The have a copay expense you are required to pay out-of-pocket irst, and due
company will fund $200 into your FSA
to use toward eligible expenses in to our rollover feature you will receive an auto reimbursement for the
2016. copay expenses without submitting a claim form. You will receive your
reimbursement through a check.
Nortek
Additional FSA Program Details
Our FSA program is administered through UnitedHealthcare (UHC).
Since UHC also administers our account-based medical programs, if
you enroll in one of our UHC plans and elect to participate in the FSA
program you can manage your medical and FSA claims at the same time
through myuhc.com.
If you move from the HRA plan to the HSA plan and have a balance in
your FSA, you will need to exhaust your FSA balance by 12/31/2015.
FSA $500 Rollover
All eligible expenses must be incurred by December 31 and must be
submitted to UnitedHealthcare for reimbursement by March 31, 2016.
FSA claim forms are available on the Nortek Employee Portal or at
myuhc.com. However, our FSA program includes a $500 rollover
provision. You can rollover up to $500 of unused FSA dollars into your
account to use next year. The amount you rollover is in addition to your
regular annual election. If you have funds in your FSA to rollover, you
need to open an FSA for the 2016 plan year to access those funds.
Restricted Debit Card
When you enroll in the UHC HRA and also enroll in the healthcare FSA
you will receive a restricted debit card to use for FSA eligible expenses.
Earn $200 When You Your FSA debit card eligible expenses include dental, vision, pharmacy,
Enroll and over-the-counter medications with a written prescription from your
Employees who enroll in the FSA doctor. Under the UHC HRA plan, any expenses you incur to satisfy
program in 2016 will receive company your medical deductible or out-of-pocket maximum are directly applied
paid dollars into their FSA in addition toward your HRA account. Additionally, in the HRA plan, when you
to their own pre-tax contribution. The have a copay expense you are required to pay out-of-pocket irst, and due
company will fund $200 into your FSA
to use toward eligible expenses in to our rollover feature you will receive an auto reimbursement for the
2016. copay expenses without submitting a claim form. You will receive your
reimbursement through a check.
Nortek
