Page 4 - 2016 Nortek Enrollment Guide Union
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The Nortek health plans are account- Medical Plan Options
based health plans, which means you
will use dollars in a healthcare account
to pay for some of your medical Medical Plan Options
expenses. The two plan choices are:
Generally speaking, the HRA plan has:
An HRA—or Health
Reimbursement Arrangement— Lower deductibles and out-of-pocket maximums
plan
Fixed copays for prescription drugs, ofice visits, ER, and urgent care
An HSA—or Health Savings which count towards your out-of-pocket max
Account—plan Higher monthly employee premiums
The plans give you more lexibility—
and accountability—to determine The HSA plan has:
when, where, and how to receive
healthcare services and how to spend Higher deductibles and out-of-pocket maximums
those dollars. Signiicant tax advantages
Both plans are with United
Healthcare, and offer in-network No copays; you pay the full discounted price of covered services until
and out-of-network beneits. We use your deductible is met, then 20 percent coinsurance up to the out-of-
UnitedHealthcare’s Choice Plus plan pocket maximum
network, which includes 645,000
physicians and hospitals across the Information about how to open an HSA account is available toward
country. the end of this guide
Lower monthly employee premiums
Once you satisfy any applicable deductibles and out-of-pocket maximums
for the plan you choose, Nortek will cover expenses at 100 percent for the
remainder of the plan year.
We’ll Fund Your
Account How to ind a doctor or hospital: for the most up-to-date list of
If you enroll in the HRA or HSA physicians and hospitals in the Choice Plus Plan network, visit
medical plan the company will put www.uhc.com and select the UnitedHealthcare Choice Plus network.
$1,000 for individuals covered and Once enrolled, you can register on the UHC site and access additional
$2,000 for employees covering
themselves and family members tools and resources.
into your savings account (either the
HRA or the HSA). These company
paid dollars can be used to offset the
higher deductibles associated with
these plan designs.
Nortek
The Nortek health plans are account- Medical Plan Options
based health plans, which means you
will use dollars in a healthcare account
to pay for some of your medical Medical Plan Options
expenses. The two plan choices are:
Generally speaking, the HRA plan has:
An HRA—or Health
Reimbursement Arrangement— Lower deductibles and out-of-pocket maximums
plan
Fixed copays for prescription drugs, ofice visits, ER, and urgent care
An HSA—or Health Savings which count towards your out-of-pocket max
Account—plan Higher monthly employee premiums
The plans give you more lexibility—
and accountability—to determine The HSA plan has:
when, where, and how to receive
healthcare services and how to spend Higher deductibles and out-of-pocket maximums
those dollars. Signiicant tax advantages
Both plans are with United
Healthcare, and offer in-network No copays; you pay the full discounted price of covered services until
and out-of-network beneits. We use your deductible is met, then 20 percent coinsurance up to the out-of-
UnitedHealthcare’s Choice Plus plan pocket maximum
network, which includes 645,000
physicians and hospitals across the Information about how to open an HSA account is available toward
country. the end of this guide
Lower monthly employee premiums
Once you satisfy any applicable deductibles and out-of-pocket maximums
for the plan you choose, Nortek will cover expenses at 100 percent for the
remainder of the plan year.
We’ll Fund Your
Account How to ind a doctor or hospital: for the most up-to-date list of
If you enroll in the HRA or HSA physicians and hospitals in the Choice Plus Plan network, visit
medical plan the company will put www.uhc.com and select the UnitedHealthcare Choice Plus network.
$1,000 for individuals covered and Once enrolled, you can register on the UHC site and access additional
$2,000 for employees covering
themselves and family members tools and resources.
into your savings account (either the
HRA or the HSA). These company
paid dollars can be used to offset the
higher deductibles associated with
these plan designs.
Nortek
