Employee Benefits

Submit this Business Cards request for new hire business cards.

Once they are available. they will be in this Folder

Please refer to each of the 3 brochures so that you can take advantage of the health and wellness benefits offered by Blue Cross Blue Shield of NC

• A health savings account (HSA) gives you great tax advantages. If you choose, you can put money into your health savings account through payroll deduction pre-tax.

• Withdrawals taken out of your health savings account to be used for qualified medical expenses, including dental and vision, are never taxed. Search for what is considered qualifying and non-qualifying expenses here. https://healthequity.com/qme

• Interest earnings accumulate tax-deferred, and if used to pay qualified medical expenses, are tax-free.

• Unlike Flexible Spending Accounts, HSA’s are not use it or lose it accounts. Any unused funds that are not used at the end of each year roll over to the next year.

• Maximum contribution amounts for 2022 are $3,650 for employee only and $7,300 for families. The annual “catch- up” contribution amount for individuals age 55 or older will remain $1,000.

• The bank that currently manages our health savings account is Health Equity.

Dependent Care Reimbursement is a Flexible Spending Account (FSA) through Health Equity. This FSA allows you to contribute funds to the plan pre-tax through payroll deduction and then use the funds for qualifying dependent care. This is a Use It or Lose It account that does NOT roll over so you would only want to put in the funds that you would use for that plan year. The plan year begins every January 01, and it takes up to 45 days for your account to be active and funds accessible once you're enrolled.

I have attached an information sheet as well as a health equity.com link that will give you a plan overview and answer common questions. If you have additional questions, or if you would like to enroll in the plan, please contact me.

This is a self funded plan that allows you to allocate funds pre-tax for child…