Cigna will continue to be the Vendor for the Boyce Technologies Medical and Dental Program

 Cigna Medical

• Open Access Plus Network Only - Out of network services are no longer covered
• Starting January 1, 2022, we will be moving from a PPO medical plan to an EPO medical plan, this change removes the out of network benefits.
• Effective January 1, 2022, if you visit a provider outside of the Open Access Plus network, you will be responsible for 100% of the cost.
• If there is an emergency, some services such as Emergency Room visits, will be covered at the in-network level. Please see your Summary of Benefits and Coverage (SBC) for more details.
• Health and Wellness Resources – online and telephonic resources to help you get, and stay healthy
• 24/7 Customer Service – so you can contact Cigna by phone (800-244-6224) or online (www.mycigna.com) whenever you need assistance

How to Search for an In-Network Provider

1.      Go to www.cigna.com

2.      Click on “Find a Doctor, Dentist or Facility”

3.      Under “How are you Covered?” click on Employer or School

4.      Enter address, city or zip code

5.      Click on the search type (By Doctor type, Name or Health facilities)

6.      It will then ask you to login/register, at this point you can click on continue as a guest

7.      It will then ask you to select a plan, click on continue

8.      Select the Open Access Plus, OA Plus, Choice Fund OA Plus

Cigna Dental

• No Change in benefits
• DPPO Advantage Network
• Annual preventative services covered at 100%, both in and out of network, not subject to the annual deductible
• $50 single/$150 family in network deductible, not applicable to preventative services; $100 single/$300 family out of network deductible, not applicable to preventative services
• $1500 annual maximum benefit

Wage Works will continue to be the Vendor for the Boyce Technologies HRA Program

•The Health Reimbursement Account (HRA) reimbursement will cover the in network deductible, in network copays, and in network prescription drugs. No reimbursement for out of network expenses.

Reimbursement Accounts will with ABG.

• Health Flexible Spending Account (FSA) limits are increasing. The IRS maximums for 2022 are increasing from $2,750 to $2,850. The carryover maximum is increasing from $550 to $570
• Transit and Commuter Account monthly limits are increasing. The IRS maximums for 2022 are increasing from $270 to $280

Vision, Life and Disability

Vision coverage will continue to be administered by EyeMed, with no change in benefits or cost. 

A 1X Salary up to $50,000 Life and AD&D benefit will continue to be provided for all employees, at no cost to you. 

We will continue to offer a Short and Long Term Disability (STD/LTD) plan to all employees. Boyce Technologies will cover the cost for this plan, however you have a choice to make. If Boyce pays for your coverage, and you go out on disability, your disability benefits are taxable. If you pay for your coverage, with post tax deductions, your disability benefits are tax free.

STD

After being disabled for 7 days, the plan will pay 60% of your weekly earnings up to a maximum benefit of $1,500. The benefit will continue to be paid until you are no longer disabled, or 13 weeks (12 weeks paid benefit).

Here are a few examples of the weekly benefit tax free and taxable (Note the taxable benefit is an estimate and is using a 30% tax level)

$30,000 annual salary would mean you would be entitled to a $346 tax free benefit, if that benefit is taxable the amount would be reduced to $242

$60,000 annual salary would mean you would be entitled to a $692 tax free benefit, if that benefit is taxable the amount would be reduced to $485

$80,000 annual salary would mean you would be entitled to a $923 tax free benefit, if that benefit is taxable the amount would be reduced to $646

$100,000 annual salary would mean you would be entitled to a $1,154 tax free benefit, if that benefit is taxable the amount would be reduced to $808

LTD

After being continuously disabled for 90 days, the plan will pay 60% of your monthly earnings up to a maximum benefit of $12,500. The benefit will continue to be paid until you are no longer disabled, or reach normal social security normal retirement age.

Here are a few examples of the monthly benefit tax free and taxable (Note the taxable benefit is an estimate and is using a 30% tax level)

$30,000 annual salary would mean you would be entitled to a $1,500 tax free benefit, if that benefit is taxable the amount would be reduced to $1,050

$60,000 annual salary would mean you would be entitled to a $3,000 tax free benefit, if that benefit is taxable the amount would be reduced to $2,100

$80,000 annual salary would mean you would be entitled to a $4,000 tax free benefit, if that benefit is taxable the amount would be reduced to $2,800

$100,000 annual salary would mean you would be entitled to a $5,000 tax free benefit, if that benefit is taxable the amount would be reduced to $3,500