Hourly Enrollment Guide - Pitney Bowes Project

How the Health Accounts Work
with Your Medical Plan
When you need care—doctor’s visits, prescriptions, and other medical services like
surgery or a stay in the hospital—this is how your Health Account works with the plan
to help you cover expenses.
PREVENTIVE CARE
In-network preventive care is always 100% covered.
DEDUCTIBLE
Pay health care
costs until you
reach your
deductible.
COST SHARING
After you meet the
deductible, you pay
your share of
in-network medical
and Rx bills. The
plan pays the rest.
FULL COVERAGE
If your expenses
meet your
out-of-pocket
maximum the
plan covers 100%.
HEALTH ACCOUNTS
Each Health Account works differently in how you use the account to pay for your
deductible and your portion of the cost sharing:
Choosing the Health Fund Plan?
• Health Reimbursement Account (HRA) – Pitney Bowes contributes to the account
and funds are available the first day your benefits become effective (new hires)
or January 1 (current employees). This account is linked directly to your medical
plan, and your costs are automatically deducted from the account when your
claim is processed until you reach a $0 balance. You can increase your HRA
balance by earning the full PB Healthy Rewards incentive.
• Health Savings Account (HSA) – Both you and Pitney Bowes contribute to the
account. Your pretax contributions and Pitney Bowes’ contributions are made per
paycheck. Pay for medical expenses with your debit card or pay out of pocket and
reimburse yourself from your account. There are two easy ways you can boost
your HSA balance: earn the full PB Healthy Rewards incentive and contribute
enough to get the full company match.
Choosing the PPO or HMO Plans?
• Health Care Account (HCA) – This account is funded completely by you. Pay for
medical expenses with your YSA debit card or pay out of pocket and submit a
claim for reimbursement.
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