BNY Mellon Benefits Guide
Choosing a Carrier
If you enroll in Plan HSA or Plan HRA, you will need to choose either the Aetna or UnitedHealthcare network at the time you enroll. Keep in mind, the health plan contribution you pay will be based in part on the medical carrier you choose—Aetna or UnitedHealthcare.
Depending on where you live, one medical carrier may have negotiated greater discounts on average with providers, making that carrier more cost-effective for you and BNY Mellon than the other in that area. Where this happens, the more cost-effective carrier is designated as the preferred carrier.
Your choice of a preferred or non-preferred carrier will affect your 2018 health plan contributions as explained below:
- When you choose the preferred carrier for your state of residence, your health plan contributions will be lower than if you choose the non-preferred carrier.
- If you don't change your health plan coverage during Open Enrollment, your current medical plan option and carrier election will remain in place for 2018 and you will pay the applicable 2018 health plan contribution.
- If no preferred carrier has been identified in your state, you will be enrolled automatically in your current carrier (unless you actively change carriers) and will pay the 2018 preferred carrier contribution rate.
The table below shows the states that will have a preferred carrier in 2018. If you reside in a state that is not listed here, you will pay the same preferred carrier premium whether you choose Aetna or UnitedHealthcare.
During the year, if your state of residence changes:
- From a non-preferred to a preferred carrier state, your medical plan premium will automatically be adjusted to the preferred carrier contribution rate.
- From a preferred to a non-preferred carrier state, your medical premium will not change during the year of your move, but will be adjusted as appropriate for the following year, based on your eligibility to participate and medical plan option and carrier selected.