Im confused, what is the plan year for the Pioneer Educators Health Trust (PEHT) and when do my calendar year deductibles and annual out of pocket maximums renew?
For the purposes of changes, including administrators, plan design and rates, the PEHT plan operates on the April 1st-March 31st plan year. However, for the purposes of deductibles and annual out of pocket maximums, the PEHT plan operates on a calendar year. That means that every January you must meet your deductible again. • How long do I have to submit my medical expenses or dependent care expenses to my Personal Choice Flexible Spending Account? The Personal Choice Flexible Spending accounts run on an April 1st-March 31st plan year. The absolute drop dead date to submit for eligible expenses, occurred through the previous plan year, is June 30th, otherwise the money is forfeited. Back to the top Prescriptions: • How much do prescription costs affect the total premiums? For the Trust, prescription claims accounted for 20% of the total claims costs. Ongoing research, development and marketing of new drugs drive up costs. Prescription costs have doubled since 1997 and are still on the
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- Im confused, what is the plan year for the Pioneer Educators Health Trust (PEHT) and when do my calendar year deductibles and annual out of pocket maximums renew?
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