2021 HealthFlex Exchange & Annual Election
posted on September 02
Welcome to HealthFlex Exchange
The mission of the Conference Board of Pensions has always been clear: to serve those who serve in the Kentucky Conference. To that end, in January 2020 we began a partnership with Wespath and their HealthFlex Exchange to provide health benefits to our clergy and others who participate in the active Conference Health Plan.
Wespath’s HealthFlex Exchange (HealthFlex) allows participants to choose from one of six medical plans (Blue Cross Blue Shield of Illinois) as well as three dental plans (Cigna) and three vision plans (Vision Service Plan). Participants are given a monthly allowance, called a Premium Credit, with which to “shop” for their medical, dental, and vision plans. Premium Credits vary based on coverage tier (participant only, participant +1, and family).
Also, depending on the plan you elect, you will have the opportunity to contribute to either a Health Savings Account (HSA), Dependent Care Account (DCA), or Medical Reimbursement Account (MRA). Two of the plans come with Health Reimbursement Accounts (HRAs) which include employer contributions and two plans come with employer contributions into an HSA.
For more information go to: https://www.kyumc.org/2021healthflex