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Thursday, July 18, 2019

Administrative and Policy Change Log

Here you will see a list of Admin and Policy changes.

13

Posting Date: June 13, 2019

Action required: None

What: See below

Key Date(s): None

Impacted audiences: Employees enrolled in the MERS Health Care Savings Program at separation from employment

Key information:

In order to ensure that participants understand how their Health Care Savings Program account funds can be used in compliance with IRS regulations, MERS recently began providing more detailed information to employees when they separate from employment (either to retire or for other reasons). 

When an employee is reported as “terminated” to MERS, we mail them a letter and other resources that help your employees understand how to use their account.

Sample materials:

These resources are also available on our website here

Additionally, following verification of eligibility, they will receive a letter from Alerus with two Health Benefits debit cards which can be used to make qualified medical expense purchases. This option is great when paying for prescriptions at a pharmacy or co-payments that aren't adjusted after the point of sale.

Please note – per Internal Revenue Service regulations, most debit card transactions will require participants to submit documentation verifying that the purchase was an eligible expense. Typically the documentation needs to include the following information:

  • Provider Name

  • Service(s) Received or Item(s) Purchased

  • Date of Service

  • Amount of Expense Incurred

Resources available: Click to View

For more information, contact: Contact the MERS Service Center at 800.767.6377

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Disclaimer
The information contained in this Web site is being made available as a public service. The information is not intended to constitute legal or investment advice, or to replace official versions of that information. Benefit Estimates or Service Credit Purchase estimates requested through this Web site are not official descriptions of any benefits, and do not represent a promise by MERS to provide any benefit(s) to any person(s). No one can detrimentally rely upon the information provided in, or requested through this Web site. MERS reserves the right to correct any errors, and presents this information without warranties, express or implied, regarding the information?s accuracy, timeliness or completeness. If you believe the information is inaccurate, out-of-date, or incomplete, or if you have problems accessing or reading the information, please call MERS at 800.767.MERS (6377).