Page 2 - QSC Journey 2020 - Gibson
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Gibson’s Journey Continues

                                          Gibson and his growing family of five are currently
                                          enrolled in the OAP (PPO) plan. How can Gibson save
                                          money while keeping similar benefits?



                  At the last Open Enrollment, Gibson seriously considered moving his family to the HSA
                  PPO plan. However, that family deductible on the HSA PPO plan was intimidating and he
                  didn’t pull the trigger.

                  Gibson did the math once again for this upcoming Open Enrollment:

                               For the 2020 Year                         Moving to HSA Plan
                   Gibson’s cost from his paycheck            $3,172 savings
                   QSC contribution towards Gibson’s HSA
                                                              $2,340 additional free money
                   bank account
                   Gibson’s prior FSA contributions           $1,500 transferred to HSA account

                  With 1) the savings from his paycheck, 2) moving the money he contributed last year into
                  the FSA to the HSA bank account, and 3) the additional QSC money being contributed to
                  his HSA bank account, Gibson realizes savings of over $7,000.

                  What does Gibson decide is his best option?
                  Gibson switches to the HSA PPO plan. He realizes:
                      1)  Even at the worst‐case scenario, he hits the $3,000 family deductible and the
                          $6,000 out of pocket maximum, the money in his account would cover all his
                          expenses.
                      2)  If he doesn’t hit the out of pocket plan maximum, he will have money in his
                          account to roll over and save for future health care expenses and his family’s
                          future.

                                       NOTE: Cost illustrated assume discounted biometric rates


                                                        Questions:
                                      Please contact the Human Resources Department.
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