New Benefit Year Reminders

  • BMC Contributions to Health Savings Accounts: BMC deposited 50% of the 2016 company contribution to Health Savings Accounts (HSAs) in January. Remember, if you didn’t reach the HSA contribution limit for 2015 ($3,350 for single coverage, $6,650 for family coverage and an additional $1,000 if you are 55 or older), you can make a tax-deductible contribution directly to your HSA at UMB Bank before the federal income tax filing deadline on April 15, 2016. To manage your HSA on the go, download the free Your Spending Account Reimburse Me app from Google Play or the iTunes store.
  • New Paycheck Deductions: You paycheck deductions for benefits may have changed with the new benefits year. It’s a good idea to compare your first few paystubs of 2016 against your benefits confirmation statement mailed to you in December. You can also check 2016 pay-period costs for medical, dental and vision here. Please report any issues with benefit deductions to Your Benefits Resources at 1-877-262-4849.
  • Form 1095: Watch your home mail for the new Form 1095, a new tax form that confirms you and your covered dependents were offered or enrolled in BMC medical coverage in 2015. Watch a short video about Form 1095.
  • Tuition Reimbursement: If you are planning to take college course in the new year and use the BMC Tuition Reimbursement benefit, you’ll need to fill out some paperwork first. Take a few minutes to review the benefit application and pre-approval process.

bWell Update: Power Up with the stairWell Challenge

Step on up! Now is the time to rack up some serious bWell points during the “stairWell Challenge,” BMC’s first-ever stair climbing event.

The stairWell Challenge launches in Houston in February and encourages you to begin a new habit as you settle into the new building: take the stairs for a health lift. Houston employees will team up and climb 200 flights of stairs between February 15 and March 13. The stairWell Challenge began in January for non-Houston based employees, who are urged to use the stairs at least three days a week.

Stair climbing is a free workout and doesn’t require any special equipment. Step up to a healthy lifestyle — climb before work, on a break, at lunch, and after work.

Besides being a fun and challenging fitness activity, stair climbing has lots of health benefits. According to Step Jockey it can help prevent heart disease, diabetes, stroke, and some cancers, as well as release endorphins that make you feel great!

Get Ready

1)    Get your health screening. (If you didn’t attend an onsite screening event in January).

2)    Complete the online Well-Being Assessment.

3)    Sign up. And if you work in Houston, join a team.

4)    Track your climbing activity with the free FitBit you receive for completing steps 1 and 2!

Useful Links
How Does My Fitbit Count Floors

Have Questions About Your Health? Best Doctors Can Help

Don’t understand your diagnosis? Is there a better treatment option? Is there another option to surgery? Is there something my doctor has not told me about my condition? Best Doctors is available to help you get a second opinion when you have unanswered questions about your health, from back pain and sports injuries to chronic diseases and life-threatening illnesses.

With Best Doctors, you can have an expert physician review your diagnosis and treatment plan, ask basic medical questions, and even get help finding a local physician who is right for you. Best Doctors is automatically available to employees and their eligible dependents enrolled in a BMC medical plan. Go online to learn more about Best Doctors or call 866-904-0910. 

Keeping Seniors (and Yourself) Safe from Scams

Seniors are under attack in the U.S. from criminals – domestic and foreign – who devise something new every day in an attempt to steal their treasure, whether it’s money, their IDs or property, crime prevention officials say. You are invited to join Magellan’s live interactive webinar “Keeping Seniors and Yourself Safe from Scams” on Wednesday, February 10, 2016, from 1 p.m. – 2 p.m. Central time. Register Now

America Saves Week, February 22 - 27

America Saves Week (February 22 – 27, 2016) is an annual opportunity for individuals to assess their savings and take financial action. The theme for this year’s America Saves Week is simple: Save Automatically.

Like your health, you should assess your savings annually to make sure you are saving for all the right things. Complete this simple 12-question assessment to see if you are saving enough. 

10 Money Resolutions for 2016 — and How to Get Started

The new year is a great time to overhaul your financial life for the better, and one excellent place to start is by making good resolutions that can help get you closer to your money goals. Here are some popular ones and ways to help stick to them. Read More…

 Source: Fidelity

Useful Links
Learning to Let Go of Financial Peer Pressure