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Benefits

Benefits/News

Open Enrollment for Benefits is Almost Here!

For all regular full- and part time associates and other eligible employees, the 2018 Open Enrollment Period to sign up for Exchange benefits is almost here. During the November open enrollment, you should evaluate your insurance needs and make changes as you see fit. Information on insurance programs offered by the Exchange will be mailed to your home address. You can also go to nafhealthplans.com to review all the insurance information.  This year, an “ALEX” benefits counselor will walk you through all the benefits available to you. Look for more information in November’s Exchange Post about this easy-to-use interactive tool. Keep Reading

Benefits/News

Got Questions About Healthcare FSA? We Have Your Answers . . . and More

With open enrollment for benefits in early November, here are common questions and answers about the Healthcare Flexible Spending Account: Q: Who can enroll in the FSA and when? A: Regular part-time and full-time associates can enroll or change their choices: During open enrollment, with benefits starting Jan. 1. Within 31 days of certain life events, such as marriage or the birth of a child. You must re-enroll each year.    Q: How does a healthcare FSA change the way I pay medical bills? A: Each year, you expect to pay for prescriptions or doctor and hospital visits, but out of what paychecks? Just hope that several healthcare bills don’t hit at once. However, an FSA allows you to spread… Keep Reading

Benefits/News

Check Out Aetna’s New Website

While you’re learning your way around, under the “Stay Healthy” section, you can take your health assessment in one simple sitting. Also under “Stay Healthy,” find information about how you and your family can earn Health Incentive Credits. Associates with individual coverage can earn up to $250 and those who cover dependents can earn up to $600. Learn more about the Health Incentive Credit program Keep Reading

Benefits/News

Attention: Associates with Prudential Long Term Care

There have been address changes for physical mail and payments. Send all physical mail to P.O. Box 13410, Pensacola, Fla. 32591. Direct premium payments to P.O. Box 12331, Pensacola, Fla. 32591. If Prudential premiums are deducted from your payroll check, you don’t need to take any action. Keep Reading

Benefits/News

Changes Coming to 401(k) Plan

In September and October, funds offered by the Exchange 401(k) Retirement Savings Plan will change. Around Sept. 8, Fidelity will transfer balances in the “Freedom K” Funds to new “Freedom Class K” Funds. The Class K Funds will become the default target date funds for the 401(k) plan. Around Sept. 22, Fidelity will merge Fidelity Money Market Trust Retirement Government Market and Money Fidelity Money Market Trust Retirement Government Market II into the Fidelity Government Money Market Fund. In October, the U.S. Equity Index Commingled Pool is terminating and all funds will be automatically redirected to the Spartan 500 Index Pool.  Fidelity is moving to new Freedom Funds because of lower operating expenses. Read more about fees on investment funds… Keep Reading

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