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Frontiers November 2012 Issue

McCrea plans to use tools available to employees during annual enrollment beginning Nov. 5 to determine the best plan for him and his family. Kelly Wright, a 14-year Boeing veteran McCrea expects that even with the and mother of two, has been covered $1,200 for family coverage Boeing gives by the PPO+Account plan since it was eligible employees with a Health Savings offered by Boeing and estimated she Account, the Traditional Medical Plan has saved around $12,000 from the could be a better choice, despite its money Boeing has put into her Health paycheck contributions. Savings Account. “I expect we’d be in the deductible “When I started the PPO+Account, pretty quickly,” McCrea said of the I looked at it as a way to get free money,” Advantage+ health plan. said Wright, a Human Resources manager His 16-year-old son and wife are cov- in Washington state. “And every year, I’ve ered by his medical plan, and for McCrea, employees have the exact information always had money carry over.” health expenses can be unpredictable. they need to make the best choice for This included having both of her His best guess is a medical bill between their situation.” children, now in their mid-20s, on her $1,800 and $2,500 in each year. Annual enrollment will continue medical plan while they were eligible. McCrea said he’s undecided, and he through Nov. 30. During this time, all Her advice to employees who are plans to use tools available to employees Boeing employees will have the opportunity considering the Health Savings Account is during annual enrollment beginning on to check into next year’s plans, do their to plan medical expenses when possible. Nov. 5 to determine the best plan for him research and find the best fit for them, “You can do it with small children, and his family. Stephens said. n because preventive care is covered,” The tools include a Medical Expense alexander.m.wilson@boeing.com Wright said. “But with the deductible, it’s Estimator, a Health Plan Comparison important to be strategic about when to Chart and a Health Care Cost Summary. schedule surgeries or procedures.” (See chart.) That’s food for thought for Scott McCrea, “Those tools provide the information a 59-year-old Information Systems Security necessary to estimate how much each manager for Shared Services Group in plan will cost for each employee for the PHOTOS: (Clockwise from far left) Seal Beach, Calif., who is still considering next year,” Stephens said. “We try to Fumito Kobayashi, Scott McCrea. PAUL PINNER/ the best medical plan for him. individualize the process and make sure BOEING Kelly Wright. MARIAN LOCKHART/BOEING Health care tool How it helps Medical Expense Compares plans and estimates your medical costs for 2013, with side-by-side estimations of the Estimator bottom-line costs (based on 2011’s full calendar year of claims data, if available). Health Plan Provides information on copayments, coinsurance for office visits, prescription drugs and more with Comparison Chart a side-by-side comparison of how each plan covers services and supplies. Health Care Cost Summarizes an employee’s health care claims, including what the employee paid. Summary Flexible Spending Shows the amount that an employee could contribute to his or her flexible savings account, or FSA, Account Calculator to help pay health care expenses. Health Savings Helps calculate how much eligible employees enrolled in the Advantage+ health plan can contribute Account Value to a related Health Savings Account to help pay qualifying expenses today and save in the account Estimator for future qualifying expenses. All of these tools are available through Boeing TotalAccess. From the TotalAccess home page, click on My Health & Insurance, select the Manage My Benefits tab and click on Your Benefits Resources. BOEING FRONTIERS / NOVEMBER 2012 17


Frontiers November 2012 Issue
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