Financial Planning Ministry |
Benefits Introduction
BENEFITS HIGHLIGHTS
Learn all you need to know to prepare for open enrollment this year NEWS AND UPDATES
There will be no major changes made to the medical benefit options for the upcoming 2025 plan year. Overall the rates stayed relatively flat. Both HealthNet PPO and Kaiser HMO plan had rate increases of around 6% to 13%.
PLAN OPTIONS:
|
Financial planning ministry offers 3 great plans to choose from for the 2023 benefit year:
Working Spouse Exclusion: Spouses who are employed and offered health insurance coverage by their own employer or covered by a federal health insurance program are no longer eligible to participate in Financial Planning Ministry’s group plan.
- Health Net Gold Value 750 + HRA
- Health Net Gold PPO plan
- Kaiser Gold
Working Spouse Exclusion: Spouses who are employed and offered health insurance coverage by their own employer or covered by a federal health insurance program are no longer eligible to participate in Financial Planning Ministry’s group plan.
Please read and complete these mandatory forms:
![]()
|
![]()
|
HRA PLAN:
Employees who enroll in the Health Net Gold Value 750 Plan will also participate in a new health reimbursement account (HRA) with a $750 annual spending limit. The HRA is employer funded. Employees can use their HRA funds on eligible medical expenses by swiping their ISG Benefits Card. |
|
FLEXIBLE SPENDING ACCOUNTS:
Flexibe spending accounts (FSA) are now available and will help supplement your benefit package. You can use your FSA funds to pay for eligible medical, dental and vision expenses. The FSA is employee funded. Flexibe spending accounts are 12 month interest and tax free plans that help you save money. If you have more questions about the HRA plan, please contact your benefits advisor, Duncan Harris at 661-432-1474 or email at [email protected]. |
|
Annual open enrollment is November 2nd to 8th. For new employees, open enrollment is
during your 90 day waiting period. We encourage you to contact your benefits advisor, Duncan Harris, to ensure your benfet elections are still in line with your needs. You must submit changes if you want to:
You must complete your enrollment by the deadline above or you will not be eligible for coverage until the next open enrollment period. |