OVERVIEW
Health Plan Basic Choice Overview 2024
Aetna Basic Choice
Narrow network of providers
All care must be rendered in-network
Tax Advantaged Account
Health Savings Account
What is the program?
At News Corp we offer three distinct health plan choices for our employees. Our Aetna Basic Choice Plan plan is our least expensive plan from a payroll deduction standpoint. However you have the most cost exposure in this plan if you are a frequent utilizer of medical care. This plan allows only “in-network” services. You also have the ability to contribute into and use a Health Savings Account.
Who is this program for?
Employees who would like to pay the least in payroll contribution and are open to healthcare rendered by in-network providers only. This plan has no out-of-network coverage.
Key program benefits:
- You pay our lowest per paycheck deduction but may incur higher out of pocket costs for services as you get through your deductible.
- You can contribute to the Health Savings Account up to the annual maximum.
- For any doctor visit, or procedure you would pay the first $3,000 in costs (individual) or $6,000 in costs (family) and then 30% for any amounts above that.
- This plan does not have a per-prescription maximum. Therefore you will pay the full amount of your prescription drug costs until you satisfy your deductible after which it is 30% of the full cost.
- If you hit the plan’s out of pocket maximum – all allowed medical and prescription drug charges for the year will be paid 100% by the plan.
- Plan Compare
Network | Aetna Open Access Aetna Select | This is the network you would ask your doctor if she or he accept to make sure they are “in-network” |
Can you use out of network doctors? | No | |
In-Network Deductible | $3,000 / $6,000 (Individual / Family) | In the Basic Choice if you elect family coverage all of your family’s claims will count toward the family deductible. Once satisfied it is satisfied for all members. |
Out-of-Network Deductible | N/A | This plan only allows for in-network care. |
Copays for In-Network Office visits | N/A | This plan has no copays. You pay the cost of the service until the deductible is satisfied. Then you pay the coinsurance % thereafter. |
In-Network Coinsurance – Amount you pay | 30% after deductible | This amount is capped at the plan’s Out of Pocket Maximum |
Out-of-Network Coinsurance – Amount you pay | N/A | |
In-Network Out of Pocket Maximum | $6,000 / $12,000 (Individual / Family) | “Individual” out of pocket maximum of $6,000. The family out of pocket maximum is the total amount a family will pay across all members. |
Out-of-Network Out of Pocket Maximum | N/A | |
Copay for Emergency Room | 30% of after deductible | All Emergency Rooms are considered in network for true emergencies |
Prescription Drugs | 30 or 90 day mail order supply: Full cost applies toward deductible then 30%. | |
Prescription Drug Out of Pocket | N/A | In the Basic Choice it is combined with the medical maximum above |
How can I enroll?
Log onto www.link2mybenefits.com to make your healthcare election.