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Full-time employees or those working 30 or more hours per week are eligible for the group health plan benefit provided by Reliant. Reliant extends medical insurance coverage to all employees of this status. Employees may elect to waive this coverage if they have an allowable waiver reason. Eligible employees are also able to enroll their eligible dependents. See: Adding a Dependent to Insurance. Part-time employees who average less than 30 hours per week are not eligible to participate in the group health plan. Questions about specific coverage or conditions may be found in the employee's employee’s certificate of group insurance provided by the insurance carrier or by calling the insurance company directly.
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Health Saver plans are High-Deductible Health Plans (HDHP) that allow participants to utilize Health Savings Accounts to save and pay for their current and future medical expenses. There are some aspects of HS plans that are different from traditional Preferred Provider Plans (PPOs). HS plans are designed to be paired with a personal HSA - Health Savings Account allowing the employee to save funds each month for medical expenses. The Health Saver plans do not have co-pays for doctor visits or co-pays and discounts for prescriptions drugs. Participants pay 100 percent of medical and prescription drug claims until they've they’ve reached the plan's plan’s deductible. (For some HS plans, the plan pays at the co-insurance level until an annual Out-of-Pocket Maximum is reached.) HSA-compatible plans typically cost 20 percent less than a low-deductible PPO plan. Many of the ministries we connect with, such as Pioneers and Wycliffe are utilizing HSA Plans for their missionaries. HSA plans will also have an Employer HSA Contribution in addition to the plan premium.
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Please be aware, the deductible is "aggregate"“aggregate”; this means the whole deductible applies to the whole family. So couples and families have to meet the entire combined deductible before they receive any coverage of insurance. This applies to both medical visits and prescriptions. If an employee has coverage with one or more dependents, the employee AND his or her dependents must meet the plan's plan’s FULL family deductible before any claims will be paid for anyone in the family, and then the family maximum out-of-pocket applies.
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| “Honestly the Health Saver 3000 HSA did take a little getting used to, but my wife and I have been very happy with it so far. We chose to invest enough that we expect to probably carry an excess balance over from one year to the next. At this point, it looks like that will happen. One thing this means is that our family budget for health care next year will actually be reduced since we will already be carrying over some funds in the HSA from this year.” – ” – Steve |
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| “The HSA payment card is super easy to use. Just like a debit card! Also, since we don’t have significant health-care needs at this point, we like the ability to save up for the future with lower premiums. We also like the freedom to spend our money saved on out-of-network expenses.” – – David |
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| “As a family that has ALWAYS met our out-of-pocket max each year, this year we’ve paid out from our own pockets LESS than every year before and done it with pre-tax dollars!” – ” – Heather |
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| “I like that it did make us think through what medical decisions we were making. I also like that it would allow us to save up for orthodontic work tax-free. I just wish that I had the HSA option back in my 20s and had put aside the savings from a traditional PPO into my HSA account. It would have really been worth having that HSA account balance in my 30s!” ” – Luke |
Webinar
For a thorough explanation of our Health Saver plans, download this PowerPoint presentation by Dave Meldrum-Green, Reliant's Reliant’s Director of Organizational Affairs & Treasurer. The PowerPoint was prepared back in 2016.
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