Annual Enrollment (October 26–November 17, 2024) is right around the corner—be on the lookout for more enrollment resources and information in the upcoming weeks. As you prepare to choose benefits for you and your family for 2025, test your benefits knowledge with the quick test below. If you don’t know something, don’t worry! You have time to familiarize yourself with Rockwell’s benefits to head into enrollment prepared.
- Which Rockwell medical plan comes with 100% covered in-network preventive care before you’ve met your deductible?
a. The Broad Access HSA Option
b. The Broad Access Plan Option
c. The High-Performance Plan Option
d. All of the aboveAnswer: D, All of the above! With each Rockwell medical plan, you have access to same-day services, like doctor visits, hospital care and lab work, in-network preventive care, prescription drugs provided by CVS Caremark, virtual visits, infertility services, and more! - If you cover just yourself in the Broad Access HSA option, how much money does Rockwell contribute to your Health Savings Account (HSA) each year to help you pay for eligible health care expenses?
a. $50
b. $250
c. $500
d. $1,000Answer: C, $500! Don’t forget—the 2025 contribution limits for the HSA are increasing to $4,300 for self-only coverage. Rockwell’s contribution is included in your limit, which means you can contribute up to $3,800 for the year. - What is the name of our health management program where you earn money toward your medical contributions for the following year?
a. GetHealthy
b. OnTrack
c. GoYou
d. TakeActionAnswer: B, OnTrack! Take advantage of our voluntary health management program where you can earn up to $500 in incentives which are applied as a discount to your Rockwell Automation medical contributions in the following calendar year. All you have to do is track your healthy habits, log your steps or workouts, and complete a biometric health screening. Happy Healthing! - Which of the following items would not be covered as an eligible expense under a Health Savings Account (HSA) or Flexible Spending Account (FSA)?
a. Perfume
b. Massage gun
c. Full body analysis scale
d. Acne patchesAnswer: A, perfume! While your hygiene is important, perfume is not eligible for reimbursement with an HSA or FSA since it is considered a cosmetic expense. To learn what items are eligible for tax-free spending, visit healthequity.com/hsa-qme for HSAs and fsastore.com/fsa-eligibility-list/p for FSAs. - Which of the following best explains preferred brand-name prescription drugs?
a. Drugs that are used to treat conditions
b. Drugs that are expensive and have cheaper alternatives
c. Drugs that are identified for a special pricing schedule
d. Drugs that are determined to be effective in treatment and cost lessAnswer: D, drugs that are determined to be effective in treatment and cost less! Preferred brand-name, or formulary, drugs are drugs that have been determined to provide effective treatment when used as intended and typically cost less than non-preferred brand-name drugs. If you’re written a brand-name prescription, it typically will be filled with a generic, if available.For specific information regarding your prescription benefit coverage and cost sharing, sign in or register on caremark.com and click Plan Summary on the Plan & Benefits menu.
We Want to Hear from You!
We want to know how you kickstarted your health goals this summer and share any positive outcomes you’ve seen so far. Click the link below to share your story.