Benefit decisions are BIG decisions. They are important to your health, your finances and your peace of mind. They are decisions you should think carefully about as you prepare for the 2018 benefits plan year. This Decision Mate is designed to help you think through your choices. Take the time to understand your options and decide what’s best for you and your family. Choosing your benefits wisely can reduce your out-of-pocket costs.
Which medical plan is right for you?
Would you rather pay less per pay period and more out-of-pocket when you need healthcare services?
Do you or your family generally visit the doctor only for preventive care?
If you had lower contributions per pay period, would you save the difference in a tax-free Health Savings Account (HSA)?
Is the Health Care Flexible Spending Account (FSA) for you?
Do you or any of your family members expect to visit the doctor or chiropractor this year?
Do you or any of your family members take prescription medications?
Will you or any of your family members have dental or vision care this year?
Are you or any of your family members considering hearing aids, laser eye surgery or new glasses or contacts?
Is the Dependent Care Flexible Spending Account (FSA) for you?
Do you have dependent children who need day care while you are at work?
Do you have a dependent parent or spouse who needs day care while you are at work?
Did you say yes to one or both of the above and want to save on taxes?
Which Dental plan is right for you?
Would you rather pay more per pay period for coverage and less when you go to the dentist?
Do you anticipate major restorative services such as crowns or dentures?
Do you or your family members need braces?
Should you choose Vision coverage?
Do you or any of your family members wear glasses or contact lenses?
Do you or any of your family members have annual vision exams?
Will it cost you more to buy vision care outside the plan than it will to enroll in the Vision plan?
What’s the status of your Retirement Savings Plan?
Do you want to invest for your future or build your investment portfolio?
Are you interested in increasing your savings by contributing money you might be saving on medical contributions or expenses?
Do you try to save money, but find your “savings” are spent on other things?
Voluntary Life or Dependent Life Insurance?
Does your family rely heavily on your paycheck to pay all the bills?
Do you have a health condition that would prevent you from purchasing independent life insurance at a low rate?
Would your family have limited or no savings to pay bills if you died?
Do you have large expenses such as a mortgage, monthly rent, a car payment, etc. your family would continue to pay after your death?
BEFORE YOU GO TO THE NEXT PAGE, please print your Decision Mate. You will NOT be able to save this page. This information will be referenced later in your guide. Your answers will help you make good decisions about your benefits.
If you’re using a smart phone, write down your answers or take a screen shot.
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