Choosing between the two plans is a very important and personal decision. As you make your selection, there are many things to consider. See some examples below:

Assess your typical annual health care costs 

• • Do you anticipate your costs to increase, decrease, or stay the same for the coming year?
  • Did you meet your deductible last year?
  • How would you have fared if you were on the other plan the previous year—would you have been in a better or worse position?

Consider the tax savings options for each plan

• • Both plans have tax savings options, but they vary based on plan type.
  • The Choice Plus plans provide tax savings through a Flexible Spending Account (FSA). A health care FSA allows you to set aside pretax dollars to pay for qualified expenses. Once elected, your participation is locked in for the full year. If the amount elected exceeds the expenses incurred during the calendar year, you may carry over up to $680 to use in the following plan year. Any remaining portion over the $680 maximum carryover amount will be forfeited back to the plan, so it’s important to carefully consider the amount you elect to contribute to an FSA.
  • The High Deductible Health Plan (HDHP) provides tax savings through a Health Savings Account (HSA). An HSA is a tax-exempt savings account funded with your tax-free dollars to be used exclusively for qualified expenses. The funds in an HSA can be carried over from year to year. The funds in an HSA account also may earn interest or be otherwise invested.
  • Please see the Tax Savings Plans section for more information regarding these types of plans.

Weigh the reward against the risk

• • Both plans will provide you and your family with comprehensive medical coverage. Deciding which plan to select may come down to choosing between the reward of spending less in premiums and potential risk of paying more in deductibles and out-of-pocket maximums if you experience a health issue.

To assist with estimating potential out-of-pocket expenses for both plans, an Employee Medical Plan Cost Calculator is available in the Quick Links section of this page. Do the math and determine which plan is the best fit for you and your family’s personal and financial situation.

As health care costs continue to rise, we should look for ways to control costs where we can. With a self-funded plan, both Forvis Mazars and the participants should be wise health care consumers. Please keep in mind the tips below as you weigh your health care options.

Use In-Network Providers

Using in-network providers generates higher discounts, reducing overall plan costs and out-of-pocket expenses.

Seek the Appropriate Level of Care

Seeking the appropriate level of care helps reduce overall plan costs and maintain the continuity of care. An emergency room visit can cost more than seven times what physician’s office or urgent care visits typically cost. 

• Take advantage of the 100 percent coverage for preventive care, which may result in early detection and increase prevention awareness.
• Be informed about the cost of tests and treatment plans.

Effective January 1, 2023, eligible employees and partners retiring from the firm can continue to remain on the Forvis Mazars Medical, Dental and Vision plans until they meet the eligibility requirements for Medicare.  When the retiree becomes Medicare eligible, their spouse can remain on the plan(s) until they become Medicare eligible.  Dependent children can remain on the plan until they reach age 26 or otherwise maintain eligibility.

To be considered a retiree, you must be at least age 52, with the sum of the retiree’s age and years of service (including with a legacy firm) equaling 65 or more and be enrolled in the applicable plan(s) at the time of retirement.  

Forvis Mazars does not contribute any funds towards the cost of the retiree coverage.  The premiums for retiree coverage are fully paid for by the retiree (or dependents, if applicable).  The Medical premiums are 120 percent of the full monthly premium, and the Dental and Vision premiums are 100 percent of the full monthly premium. 

If you never received your health insurance card or you simply need a replacement, contact United Healthcare at 1-844-638-8700.   You may also print a personalized temporary ID card after registering on the United Healthcare site.  Log in to your account and from your Dashboard, select ID Card from the options under Quick Links. 

Note:  If you enrolled in medical coverage recently, United Healthcare indicates 5 – 7 business days of administrative time is needed to complete your coverage setup and generate an ID card.