- November 2010 >Be a Wise Healthcare Consumer
Do you have a question about your UT SELECT Medical benefits? Your UTRetirement Programs account? The UT specific WebMD website and the Living Well Health Manager Wellness Program? Managing your UT System benefits package has never been easier.
Each company contracting with UT System to provide and coordinate the administration of services (insurance, financial or health), as a condition of the partnership, has a UT specific website especially tailored to communicate the unique and robust features of the UT Benefits package.
Are you seeking detailed benefits information related to the cost of a medical procedure from a Blue Cross Blue Shield of Texas (BCBSTX) network provider? Do you need to locate a physician or a specialist near your home? Need to review an Explanation of Benefits from a previous plan year or check on the status of a pending claim? Do you need to request a new ID card or print a temporary ID card? This information (and more) can help you maximize your benefits at any time and is available through the UT SELECT Medical plan website.
Interested in saving money on your UT SELECT Prescription expenditures? Medco Health Solutions, the prescription benefit manager of your UT SELECT Health plan, has a UT specific website loaded with cost-savings tools. My RX Choices, Medco’s online prescription pricing tool, helps you seek lower cost options for the medications you are currently taking. The My RX Choices tool has also recently been enhanced to price a medication to account for the current status of your annual deductible, or it can display the price of the medication assuming your annual deductible has been met. You may also view the benefits highlights of your plan, download helpful information to discuss with your doctor, follow the order status of your mail order prescriptions, review past claims, and even request a replacement and print a temporary prescription ID card. You can also check out prescription drug interactions against over-the-counter drugs by shopping online in the Medco Health Store.
Your UTRetirement Programs custom website provides you with complete descriptions of everything you need to know about UTRetirement Programs; from finding funds to enrolling in the plans. With UTRetirement Manager, you can enroll in and make changes to your UTRetirement Plans. Other online tools within the website allow you to calculate your expected Teacher Retirement System benefits, customize fund performance reports and effectively monitor and manage your retirement savings investment.
The Living Well Health Manager, Powered by WebMD website is continually evolving to provide powerful online tools that enable individuals to better manage and enhance their personal health and well being. Visit the Living Well website today and gain insight into your health status by completing the HealthQuotient (an advanced health assessment that scores your health status and provides recommendations for improvement and beneficial behavior changes), learn about in-depth Health Topics affecting you and your family, keep your personalized health information on you and your family members in a centralized location on the WebMD Health Record, and let WebMD remind you of when it is time for that annual checkup by using the WebMD Calendar features.
While each of the companies providing insurance and services has a UT specific website, only a few have been highlighted above. For a complete list of the UT specific insurance websites and summary descriptions of the website features, please review UT Benefits Convenient Online Resources.
UT FLEX Grace Period for Medical Expense Reimbursement Accounts
The UT FLEX plan provides a Grace Period to allow UT FLEX Medical Expense Reimbursement Account participants an additional 2 ½ months each year (September 1 through November 15) to incur eligible expenses at the end of the plan year. By incurring eligible health related purchases or services during the Grace Period, UT FLEX medical participants can avoid forfeiting any leftover funds from the 2009-2010 plan year that ended on August 31, 2010.
For detailed information about the UT FLEX plan and access to the tools to manage your UT FLEX account, visit www.utflex.com.
Notice for Medical Expense Reimbursement Account Members: The Grace Period for your 2009-2010 UT FLEX Medical Expense Reimbursement Account will end on Monday, November 15, 2010.
Notice for Day Care Reimbursement Account Members: The Grace Period for incurring reimbursable expenses does not apply to the Dependent Day Care Account.
UT FLEX Claims Filing Deadline
All claims for the 2009-2010 plan year (which ended August 31, 2010), including those incurred during the additional 2 ½ month grace period for the Medical Expense Reimbursement Account, must be filed no later than November 30, 2010, or they will not be eligible for reimbursement.
Flexible Spending Changes for Over-the-Counter Medications
Beginning January 1, 2011, federal law requires a prescription in order to use your flexible spending account funds for the purchase of over-the-counter (OTC) medications (other than insulin). As a result, debit card purchases of OTC medications will no longer be authorized as of January 1, 2011. Learn more about this important change to your account.
If you would like a specific topic discussed or have a question you would like answered in a future issue of this newsletter, please send your suggestions to firstname.lastname@example.org.
UT System Employee Benefits Website: www.utsystem.edu/benefits/
UT System Retirement Programs Website: www.utretirement.utsystem.edu
Your Local Benefits Office: www.utsystem.edu/benefits/contacts.asp#1