Page 3 - 2017 FutureSteps
P. 3
Future Steps for a Frequent Utilizer “I’m not far from
Covers in-network preventive care at 100%; common examples include
mammograms and colonoscopies retirement, my wife has a
chronic condition and we
$375 deposited by W&T Offshore into your HSA each quarter to use know we need access to
immediately once deposited consistent coverage.”
Low per paycheck premiums
Same network of providers and discounts from BCBSTX
Individual deductible and out-of-pocket maximums apply to each family
member, even when family coverage is elected
Same emergency room coverage regardless of network status
After deductible, employee is only responsible for 20% of emergency
room or hospitalization costs
Tier 1 preventive medications covered at 100%; no deductible
Paired with tax advantaged HSA to lower taxable income
Employees age 55+ can contribute $1,000 on top of current IRS annual
limits into HSA as a “catch-up” contribution
Unused HSA funds can pay toward Medicare premiums in retirement
How You Might Use Your Plan
2017 2016
Coverage/Plan Future Steps /family PPO/family coverage
coverage
2 Inpatient Procedures for Spouse $2,600 (deductible) $500 (deductible)
($2,500 per procedure or $5,000 $680 $1,100
total) (20% coinsurance) (20% coinsurance)
2 Specialty Medication for Spouse $300
($500 per script for a total of $200 ($150 copay per
$1,000) (20% coinsurance) script)
W&T Offshore HSA Contribution $1,500 N/A
Your Personal HSA Contribution $1,900 N/A
Total Costs $3,280 $1,700
Total Premium
$0
Total Costs Out of Your Pocket (pay full cost with $1,700
HSA)
Funds Left in HSA to Use Next
Year $120 N/A
Please note the costs for the various services used to create this scenario are for illustrative
purposes only. Actual costs may differ based on the type of care or services provided.
These illustrative costs
do not reflect BCBSTX
network discounts and
savings which may apply.
© 2016 Lockton, Inc. All rights reserved.
[Rev 09/30/16] EB\W&T08\EE Comm\Flyers\2017\FutureSteps 5850.pdf
Covers in-network preventive care at 100%; common examples include
mammograms and colonoscopies retirement, my wife has a
chronic condition and we
$375 deposited by W&T Offshore into your HSA each quarter to use know we need access to
immediately once deposited consistent coverage.”
Low per paycheck premiums
Same network of providers and discounts from BCBSTX
Individual deductible and out-of-pocket maximums apply to each family
member, even when family coverage is elected
Same emergency room coverage regardless of network status
After deductible, employee is only responsible for 20% of emergency
room or hospitalization costs
Tier 1 preventive medications covered at 100%; no deductible
Paired with tax advantaged HSA to lower taxable income
Employees age 55+ can contribute $1,000 on top of current IRS annual
limits into HSA as a “catch-up” contribution
Unused HSA funds can pay toward Medicare premiums in retirement
How You Might Use Your Plan
2017 2016
Coverage/Plan Future Steps /family PPO/family coverage
coverage
2 Inpatient Procedures for Spouse $2,600 (deductible) $500 (deductible)
($2,500 per procedure or $5,000 $680 $1,100
total) (20% coinsurance) (20% coinsurance)
2 Specialty Medication for Spouse $300
($500 per script for a total of $200 ($150 copay per
$1,000) (20% coinsurance) script)
W&T Offshore HSA Contribution $1,500 N/A
Your Personal HSA Contribution $1,900 N/A
Total Costs $3,280 $1,700
Total Premium
$0
Total Costs Out of Your Pocket (pay full cost with $1,700
HSA)
Funds Left in HSA to Use Next
Year $120 N/A
Please note the costs for the various services used to create this scenario are for illustrative
purposes only. Actual costs may differ based on the type of care or services provided.
These illustrative costs
do not reflect BCBSTX
network discounts and
savings which may apply.
© 2016 Lockton, Inc. All rights reserved.
[Rev 09/30/16] EB\W&T08\EE Comm\Flyers\2017\FutureSteps 5850.pdf
