No Need to Report Premium Amounts

Effective September 1, 2008, schools will no longer need to report premium amounts to CSI or Arcadia. The Plan has been changed to allow “negative enrollment” which means that any required medical/dental/vision plan premiums can automatically be taken on a pre-tax basis by the school. Participants must opt out (respond “negatively”) to refuse the pre-tax deduction for premium. Changes in premium amounts during the plan year can be made automatically by the school and no change forms need to be submitted.

Full Issue: No. 54 - May 9, 2008

Back to Flexible Benefits Updates