Great news! The District is implementing the Premium Support Program for all staff participating in our health plan starting 2019. This means a decrease in our medical premiums, allowing employees to set aside funds saved from those premium reductions to pay for medical expenses that may occur in the future.
If you like your current plan, you can sign up for it again. However, remember—you must enroll to receive benefits for 2019. Your 2018 benefits will NOT roll over.
So what are the changes? Here are a few highlights:
The premiums for our vision plan have increased slightly for 2019.
The District has made the decision to stop contributing into the HealthFund (HRA) beginning in 2019. In place of the HealthFund (HRA), the District is implementing the Premium Support Program. This program will assist in the lowering of monthly premiums for all staff participating in the 2019 Health Plan. Individuals who have a remaining HealthFund balance will be allowed access to those balances until they are exhausted.
This year, the IRS has increased the maximum amount that you can contribute to a health care flexible spending account (FSA) to $2,650. That means you can set aside even more money for medical expenses without paying income tax on it.
For any benefits question or concern, including 24/7 Nurse Line access, one call does it all.
Call us at 866-222-KISD (5473)