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HomeMy WebLinkAboutItem 06.o    2017 Health and Dental Insurance Information What are the 2017 health plan designs?  High deductible HRA/VEBA (67 employees currently enrolled)  High deductible HSA (109 employees currently enrolled) In 2015, the decision was made to eliminate the co-play plan for 2017. There are no plan design changes to the HRA/VEBA or the HSA. Annual Deductible – In Network  HRA/VEBA deductibles are $2,500 per person and $5,000 per family  HSA deductibles are $2,600 per person and $5,200 per family Annual Out-of-Pocket Max – In Network  HRA/VEBA maximum is $3,500 per person and $6,000 per family  HSA maximum is $3,600 per person and $6,200 per family The employee will pay an additional 20% of cost of care after the annual deductible is met until they meet the out-of-pocket maximum. Prescription Drugs – Formulary  HRA/VEBA requires a co-pay of $15 for generic, $30 for brand and $60 for non- preferred drugs.  HSA does not include prescription drug coverage until after the deductible is met. Cost share The base plan (HSA) provides minimum essential coverage at the lowest cost; therefore rates are determined off of this plan. Employer premiums are established by providing 100% of the single coverage and splitting the cost of the increase with employees for the coverage tiers that include spouse and/or dependent. Once these employer dollar values are established, they are applied to the HRA/VEBA plan. What is the 2017 dental plan design? The City contributes 100% of the cost for single coverage. Any additional costs for dependents are paid by the employee. The plan provides up to $1,500 of coverage for in-network expenses each as follows:  Diagnostic and preventive – paid at 100%  Basic services – paid at 80%  Crowns – paid at 50%