Page 10 - 2016 Open Enrollment
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HealthCPA—New CDHP and HSA
This year, we are providing a tool What is a Consumer-Driven Health Plan
through HealthCPA to assist you (CDHP)?
in understanding your healthcare
options. HealthCPA provides Here are the basics of how CDHPs work
advocates who help with the Except for preventive services and certain preventive prescriptions, you
following: pay for 100% of your medical and prescription drug services until you
meet the plan’s annual deductible. You have one deductible to satisfy for
■ Review your medical bills and both medical and prescription drug services.
EOBs
■ Follow up with insurance plans After that, you share the medical costs and prescriptions with the
and providers in the case of insurance carrier until you reach your out-of-pocket maximum amount
errors for the year. As a reminder, you pay the network discounted rate when
■ Facilitate bill payment or bill services are rendered by in-network providers.
guidance Once you reach your out-of-pocket maximum amount, the insurance plan
■ Find in-network providers will pay all of your costs; you pay nothing more for the remainder of the
■ Assist in obtaining pre- plan year.
authorizations and out-of-
pocket cost estimates for Why do we offer CDHPs?
procedures CDHPs encourage individuals to become more active in making
HealthCPA is available to all healthcare decisions. The actual cost of services under a CDHP has more
associates, their spouse, parents, impact on you than under traditional plans. Conversely, under traditional
parents-in-law and children, plans, you often just pay a lat dollar copay and may not realize the actual
regardless of plan provider. costs of your doctor’s visits and prescriptions. A CDHP puts you in
the driver seat and in better control of how much you spend on your
To reach out to an advocate, healthcare.
call 800.345.3243 or email
help_is_here@healthCPA.com. How a CDHP provides coverage
1. You pay 100% for all medical and prescription drug services up to the
plan’s annual deductible.
2. After you satisfy the annual deductible, you pay the appropriate
coinsurance until you meet the annual out-of-pocket maximum.
3. The plan pays 100% of eligible expenses once you meet the annual
out-of-pocket maximum.
First Busey Corporation
HealthCPA—New CDHP and HSA
This year, we are providing a tool What is a Consumer-Driven Health Plan
through HealthCPA to assist you (CDHP)?
in understanding your healthcare
options. HealthCPA provides Here are the basics of how CDHPs work
advocates who help with the Except for preventive services and certain preventive prescriptions, you
following: pay for 100% of your medical and prescription drug services until you
meet the plan’s annual deductible. You have one deductible to satisfy for
■ Review your medical bills and both medical and prescription drug services.
EOBs
■ Follow up with insurance plans After that, you share the medical costs and prescriptions with the
and providers in the case of insurance carrier until you reach your out-of-pocket maximum amount
errors for the year. As a reminder, you pay the network discounted rate when
■ Facilitate bill payment or bill services are rendered by in-network providers.
guidance Once you reach your out-of-pocket maximum amount, the insurance plan
■ Find in-network providers will pay all of your costs; you pay nothing more for the remainder of the
■ Assist in obtaining pre- plan year.
authorizations and out-of-
pocket cost estimates for Why do we offer CDHPs?
procedures CDHPs encourage individuals to become more active in making
HealthCPA is available to all healthcare decisions. The actual cost of services under a CDHP has more
associates, their spouse, parents, impact on you than under traditional plans. Conversely, under traditional
parents-in-law and children, plans, you often just pay a lat dollar copay and may not realize the actual
regardless of plan provider. costs of your doctor’s visits and prescriptions. A CDHP puts you in
the driver seat and in better control of how much you spend on your
To reach out to an advocate, healthcare.
call 800.345.3243 or email
help_is_here@healthCPA.com. How a CDHP provides coverage
1. You pay 100% for all medical and prescription drug services up to the
plan’s annual deductible.
2. After you satisfy the annual deductible, you pay the appropriate
coinsurance until you meet the annual out-of-pocket maximum.
3. The plan pays 100% of eligible expenses once you meet the annual
out-of-pocket maximum.
First Busey Corporation
