MrFedEx
Engorged Member
Scenario #1: Let's say you hit 50 and go in for your routine colonoscopy. FedEx pays for it since it's preventive care. Bad news...you have colon cancer. Let's see what FedEx pays.
Colonoscopy: Paid
Surgery and follow-up medical: $125,000. FedEx pays 70% on the Consumer Choice Option= Your Cost is $37,500 + Employee Deductible of $2,250= $39,750.
With Consumer Premier Option: $25,000 + $1,200 for Employee Deductible= $26,200
How about Breast Cancer?
Mammography: Paid
Surgery and follow-up medical: $175,000. FedEx pays 70% on the Consumer Choice Option= Your Cost is $52,500 + Employee Deductible of $2,250= $54,750
With Consumer Premier Option: $35,000 + $1,200 for Employee Deductible = $36,200
Chronic Illness? Child with serious heart condition No surgery (yet)
Monthly office visits at $250 per visit (12) + additional required medical testing and monitoring ($25,000)
With Consumer Choice Option: $900 + $4500 family deductible + $7,500= $12,900
With Consumer Premier Option: $600 +$2,600+ $5,000= $8,200
Subtract $400, $650, or $800 accordingly for the pitiful HRA. Yep, you are screwed. Guess you will have to dig into the 401k or declare bankruptcy. Thanks, Fred!
Colonoscopy: Paid
Surgery and follow-up medical: $125,000. FedEx pays 70% on the Consumer Choice Option= Your Cost is $37,500 + Employee Deductible of $2,250= $39,750.
With Consumer Premier Option: $25,000 + $1,200 for Employee Deductible= $26,200
How about Breast Cancer?
Mammography: Paid
Surgery and follow-up medical: $175,000. FedEx pays 70% on the Consumer Choice Option= Your Cost is $52,500 + Employee Deductible of $2,250= $54,750
With Consumer Premier Option: $35,000 + $1,200 for Employee Deductible = $36,200
Chronic Illness? Child with serious heart condition No surgery (yet)
Monthly office visits at $250 per visit (12) + additional required medical testing and monitoring ($25,000)
With Consumer Choice Option: $900 + $4500 family deductible + $7,500= $12,900
With Consumer Premier Option: $600 +$2,600+ $5,000= $8,200
Subtract $400, $650, or $800 accordingly for the pitiful HRA. Yep, you are screwed. Guess you will have to dig into the 401k or declare bankruptcy. Thanks, Fred!
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