Financial Planning Ministry |
Benefits Introduction
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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 benefit options for the upcoming 2023 plan year. Overall the rates stayed relatively flat. Both HealthNet PPO and kaiser HMO plan had small rate increases of around 6%.
PLAN OPTIONS:
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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:
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NEW OPEN ENROLLMENT:
Open enrollment will now take place in November and your elections/benefit changes will become effective January 1st, 2023. After reviewing your benefit options, use the “click to enroll here” link at the bottom of this page to sign in to your online benefits administration platform. Once signed in you can see prices on all plan options and also add / remove dependent coverage.
Open enrollment will now take place in November and your elections/benefit changes will become effective January 1st, 2023. After reviewing your benefit options, use the “click to enroll here” link at the bottom of this page to sign in to your online benefits administration platform. Once signed in you can see prices on all plan options and also add / remove dependent coverage.
KAISER HMO:
Financial Planning Ministry is now offering the Kaiser gold plan to its benefit menu. The new Kaiser Gold HMO plan offers great coverage at very affordable rates which will allow existing and new employees to “stay” with Kaiser. It’s important to remember that Kaiser offers no “out-of-network” coverage, so employees who enroll in Kaiser need to be familiar with the Kaiser HMO medical network.
Financial Planning Ministry is now offering the Kaiser gold plan to its benefit menu. The new Kaiser Gold HMO plan offers great coverage at very affordable rates which will allow existing and new employees to “stay” with Kaiser. It’s important to remember that Kaiser offers no “out-of-network” coverage, so employees who enroll in Kaiser need to be familiar with the Kaiser HMO medical network.
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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. If you have more questions about the HRA plan, please contact your benefits advisor, Duncan Harris at 661-432-1474 or email at Duncan@Joinisg.com. |
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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 Duncan@Joinisg.com. |
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Annual open enrollment is in the month of November. 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. Please use this link to schedule one-on-one time to review your options: calendly.com/duncan-joinisg |
