HSA/FSA Options
Health Savings Account (Only Eligible with the HDHP Medical Plan)
Employees may set aside, via payroll on a pre-tax basis, funds to pay the health insurance deductible and
qualified medical expenses, including dental and vision care. An HSA account is only valid with the High
Deductible Medical Plan.
Healthcare: Up to $3,850 for an individual and $7,750 for a family can be set aside to pay for certain
eligible expenses. Individuals 55 and older can save an additional $1,000.
Flexible Savings Account (Only Eligible with the CoPay Medical Plan)
Employees may set aside, via payroll on a pre-tax basis, funds to pay the health insurance deductible and
qualified medical expenses, including dental and vision care.
Healthcare: Up to $3,050 can be set aside to pay for certain eligible expenses. The maximum carryover
for 2022 is $570.
Dependent Care: Up to $5,000 (Individual or Married Filing Jointly) or $2,500 (Married Filing Separately)
can be set aside to pay for certain childcare and dependent care expenses.

Voya 401k – Pretax and Roth Plans

Employees may elect to enroll in a 401k plan through Voya Financial. Employees are eligible after 90 days of employment. Employees must be over 21 to enroll. We offer two ways to invest. Pre-tax 401k: Your contributions are not taxed at the time of investment; taxes will be paid at the time of withdrawals. The company matches 1:1 percent up to employee contribution of 3%; then the company matches 0.5:1 percent for employee contribution of 4-5%. The company matches 4% of employee contribution of above 5%. Roth 401k: Your contributions are invested as after-tax investments. No taxes will be paid at the time of withdrawal. The company matches 1:1 percent up to employee contribution of 3%; then the company matches 0.5:1 percent for employee contribution of 4-5%. The company matches 4% of employee contribution of above 5%. Example: Employee contribution (EE) and Employer contribution (ER); EE:ER = 1:1; 2:2; 3:3; 4:3.5; 5:4; 6:4; 7:4… and so on.

Please contact HR with any additional questions about how to enroll electronically. When eligible, HR will send you via email how to enroll in Tier 1 Fire Protection’s 401k plan.

Documents

PTO Policy 

2024 Safe Harbor Notice
Health Insurance Marketplace Notice
COBRA Notice
HIPAA Privacy Policy
Surprise Billing Notice
CHIP Notice
Wellness Plan Notice
Notice of Special Enrollment Rights
Rx and Medicare Notice
GINA Notice
OBGYN Notice
USERRA Notice
Michelles Law Notice
Womens Health and Cancer Rights Notice
Newborns and Mothers Health Protection Disclosure 

Know Your Rights Poster
FMLA Poster
 

Provider: A clinic, hospital, doctor, lab, health care practitioner, or pharmacy.

Insurer or carrier: The insurance company providing coverage to the policy holder.

Policy holder: The individual or business (“group”) that has entered a contractual relationship with the insurance company.

Insured: The person with the health insurance coverage. For individual health insurance, you may be both the policy holder and the insured.

Premium: The amount of money charged by an insurance company for coverage. The cost of premiums may be determined by several factors, including age, geographic area, number of dependents and tobacco consumption. Policy holders pay these rates annually or in smaller payments over the course of the year, and the amount may change over time. When insurance premiums are not paid, the policy is typically considered void, and companies will not honor claims against it. Self-employed persons may deduct the cost of their individual health insurance premiums from their taxes.

Copayment (Copays): A fixed amount you pay for a covered health care service, usually when you get the service. The amount can vary by the type of covered health care service.

Deductible: The amount you owe for health care services each year before the insurance company begins to pay. For example, if your annual deductible is $1,000, your plan won’t pay anything until you’ve met your $1,000 deductible for covered health care services that are subject to the deductible. The deductible may not apply to all services, such as preventive care services.

Deductibles are useful for keeping the cost of insurance low. The amount varies by plan, with lower deductibles generally associated with higher premiums. They are standard on most types of health coverage.

Coinsurance: Your share of the costs of a covered health care service calculated as a percent (for example, 20 percent) of the allowed amount for the service. You pay coinsurance plus any deductibles you still owe for a covered health service.

Out-of-Pocket Maximum: The most you will be required to pay for your health care during a year, excluding the monthly premium. It protects you from very high medical expenses. After you reach the annual out-of-pocket maximum, your health insurance or plan begins to pay 100 percent of the allowed amount for covered health care services or items for the rest of the year. Copays, deductibles, and coinsurance count towards the out-of-pocket maximum.

Preventive Care: Medical tests and checkups, immunizations, and counseling services used to prevent chronic illness from occurring.