Welcome to Flywheel Energy Management Benefits. We are pleased to present this site, which highlights the comprehensive coverage available to you. Our benefits program is designed to offer employees substantial coverage to meet both individual and family needs. This microsite includes only highlights. The specific terms of coverage, exclusions and limitations are contained in the plan documents and insurance certificates. All coverage and coverage costs are subject to change at any time in the future. If you have any questions about a specific service or treatment, please contact the appropriate insurance carrier.
Having access to high quality, affordable health care is a great concern for most people. That’s why we are pleased to offer employees, and their families, comprehensive medical coverage administered by United Healthcare.
Freedom to Chose
You can choose between three medical plans.
Summaries of Benefits & Coverage can be found, below.
Beneficiary – A person designated by you, the participant of a benefit plan, to receive the benefits of the plan in the event of the participant’s death.
Primary Beneficiary – A person who is designated to receive the benefits of a benefit plan in the event of the participant’s death.
Contingent Beneficiary – A person who is designated to receive the benefits of a benefit plan in the event of the Primary Beneficiary’s death.
Charges – The term “charges” means the actual billed charges. It also means an amount negotiated by a provider, directly or indirectly, if that amount is different from the actual billed charges.
Coinsurance – The percentage of charges for covered expenses that an insured person is required to pay under the plan (separate from copayments).
Deductible – The amount of money you must pay each year to cover eligible expenses before your insurance policy starts paying.
Evidence of Insurability (EOI) – Proof that you are insurable based on the requirements of the insurance carrier. For example, the results of a blood test or a doctor’s signature on a form may be required for you to be covered by/for Optional Life insurance.
Explanation of Benefits — The health insurance company’s written explanation of how a medical claim was paid. It contains detailed information about what the company paid and what portion of the costs are your responsibility.
In-Network – The term “in-network” refers to health care services or items provided by your Primary Care Physician (PCP) or services/items provided by another participating provider and authorized by your PCP or the review organization. Authorization by your PCP or the review organization is not required in the case of mental health and substance abuse treatment other than hospital confinement solely for detoxification.
Emergency Care that meets the definition of “emergency services” and is authorized as such by either the PCP or the review organization is considered in-network.
Out-of-Network - The term “out-of-network” refers to care that does not qualify as in-network.
Maximum Out of Pocket — The most money you will pay during a year for coverage. It includes deductibles, copayments and coinsurance, but is in addition to your regular premiums. Beyond this amount, the insurance company will pay all expenses for the remainder of the year.
Medically Necessary/Medical Necessity – Required to diagnose or treat an illness, injury, disease, or its symptoms; in accordance with generally accepted standards of medical practice; clinically appropriate in terms of type, frequency, extent, site, and duration; not primarily for the convenience of the patient, physician, or other health care provider; and rendered in the least intensive setting that is appropriate for the delivery of the services and supplies.
Participating Provider – A hospital, physician, or any other health care practitioner or entity that has a direct or indirect contractual arrangement with Cigna to provide covered services with regard to a particular plan under which the participant is covered.
Post-Tax – An option to have the payment to your benefits deducted from your gross pay after your taxes have been withheld. Therefore, your tax contributions will be calculated based on a higher amount. Your statutory deductions (federal income tax, Social Security, Medicare) will be calculated based on a higher amount.
Pre-Tax – An option to have the payment to your benefits deducted from your gross pay before your taxes have been withheld. Therefore, your tax contributions will be calculated based on a lesser amount. Your statutory deductions (federal income tax, Social Security, Medicare) will be calculated based on a lesser amount.
Primary Care Dentist (PCD) – The term “Primary Care Dentist” means a dentist who (a) qualifies as a participating provider in general practice, referrals, or specialized care; and (b) has been selected by you, as authorized by the provider organization, to provide or arrange for dental care for you or any of your insured dependents.
Primary Care Physician (PCP) – The term “Primary Care Physician” means a physician who (a) qualifies as a participating provider in general practice, obstetrics/gynecology, internal medicine, family practice, or pediatrics; and (b) has been selected by you, as authorized by the provider organization, to provide or arrange for medical care for you or any of your insured dependents.
Proof of Relationship Documentation – Documents that show a dependent is lawfully your dependent. Documents can include marriage certificates, birth certificates, adoption agreements, previous years’ tax returns, court orders, and/or divorce decrees showing your or your spouse’s responsibility for the dependent.
Fortunately, good health can actually cost less. Over the long-term, if our health benefits program can help you maintain or improve your health, we all win. That’s why we are excited to offer a Health Savings Account (HSA), Administered by HSA Bank. An HSA is an example of a consumer-driven health plan that is designed to empower you to take control of your health and the dollars you spend on your care.
An HSA is an account that accumulates funds to cover your health care expenses. It comes with a high-deductible health plan that protects you from large health care expenses.
If you choose to enroll in the HSA Qualified High Deductible Health Plan (HDHP) with BCBS, you can elect to participate, and specify your annual contribution, on your Application/Change form.
You can make a contribution to your HSA each year that you are eligible. For 2023 you can contribute no more than:
For the 2023-2024 Plan Year, Flywheel will contribute to your HSA based on the plans/elections below.
$3,000 HDHP Plan
$5,000 HDHP Plan
The Health Care and Dependent Care Flexible Spending Accounts (FSA) allow you to set aside pre-tax dollars to pay for eligible expenses. By contributing to one or both of the Flexible Spending Accounts you reduce your taxable income, so you pay less in taxes — which saves you money.
The election you make during enrollment is your election for the entire plan year. You may change it only if you have a qualifying life event and the change request must be consistent with the event.
You may contribute as follows:
Health Care FSA
Dependent Care FSA
How the Plan Works
You must incur your eligible expenses during the plan year — July 1, 2023, to June 30, 2024. An expense is considered to be incurred when the service is performed, not when you are billed or pay for the service.
United Healthcare dental plan provides comprehensive coverage to help you and your family maintain good dental health. Providers are part of the United Healthcare Consumer MaxMultiplier National Options PPO 30 Dentist network, or you may see an out-of-network dentist of your choice. Be aware if you go out-of-network, your costs will be higher.
To find out if your provider is in-network, please visit the UHC website below.
DID YOU KNOW?
Flywheel Energy Management offers vision coverage through Ameritas to help pay for eye exams, prescription glasses and contact lenses. You receive a higher level of benefits when you see a provider in the VSP Choice Network. Review your coverage details in your Benefit Guide.
Basic Life & AD&D
Flywheel Energy Management provides you with Basic & Voluntary Life/AD&D coverage through Lincoln Financial Group
Employees working 30 or more hours per week are eligible for 1X your annual earnings, up to a maximum benefit of $500,000, coverage payable to your designated beneficiary in the event of your death. An additional accidental death & dismemberment benefit (AD&D) is payable to you in the event of a covered dismemberment or to your beneficiary if your death is the result of an accident.
Voluntary Life & AD&D
A sudden accident or death can leave you or your loved ones in a vulnerable position. Employees have the opportunity to enroll in Term Life and Accidental Death & Dismemberment insurance which will supplement lost income in the event of an accident or death. If you choose to enroll in employee coverage, this will be in addition to your employer provided Basic Life coverage.
Who's Your Beneficiary? Naming a beneficiary is a crucial part of electing life insurance. Also, don't forget to update your primary or secondary beneficiary if you experience a life event, such as a divorce or birth of a child. Please consult your Employee Benefits Guide and review the benefit summaries for additional details.
Short-Term Disability (STD)
Everyday illnesses or injuries can interfere with your ability to work. Even a few weeks away from work can make it difficult to manage household costs. Short Term Disability coverage provides financial protection for you by paying a portion of your income, so you can focus on getting better and worry less about keeping up with your bills.
Long-Term Disability (LTD)
Serious illnesses or accidents can come out of nowhere. They can interrupt your life, and your ability to work for months–even years.
Long Term Disability provides financial protection for you by paying a portion of your income, so you have financial support to manage your disability and your household.
Flywheel Energy Management offers a competitive benefits package for all employees. We realize you make benefit choices based on what’s important to you and the needs of your changing lifestyle. Therefore, along with our core benefits, we offer these additional benefits which help to provide financial support to employees. Additional benefits include:
Refer to your Summaries of Benefits and Coverage, for more benefit details.
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