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First Data

What Life Stage Are You In?

Your needs change throughout your life. Use this tool to help you select the benefit plans that work with what's going on in your life right now. Remember at every stage of your life to take advantage of contributing to the First Data Corporation Incentive Savings Plan (ISP), your 401(k), and also receive the added benefit of Company matching contributions.

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ALERTS

 


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Dependent Eligibility Verification Deadline - September 10th

First Data is conducting a Dependent Eligibility Verification of the dependents enrolled in FIrst Data's medical, dental and/or vision plans. As a participant in these plans, you share in the responsibility of maintaining the integrity, quality, and value of these important benefits and your participation in the verification process is required. Communications will be sent to your home providing specific details of the verification requirements.

Verification Phase - August 11th - September 10th:

During the Verification Phase all employees covering a dependent in First Data's medical, dental or vision plans will be required to submit verification documents for each covered dependent. Failure to comply with this required verification will result in dependents being terminated from coverage effective September 30th. Communications will be sent to your home around August 9th with specific directions for submitting the documents required to verify your enrolled dependents.

Please review a communication from Peter Boucher, EVP of Human Resources ,for additional information regarding the dependent verification process.

If you would like to review all the communications regarding the dependent verification process, click here.

If you have questions, please call the Dependent Verification Center at 1-877-335-0505; Representatives are available between 8 a.m. and 7 p.m., Central time, Monday through Friday.

Introducing HealthHub™ the New Face of Mypayflex.com

Monday, August 30th PayFlex will be transitioning to a new webiste where you will access yur PayFlex acccount information. For more information and to take an on-line tour, check out the following:

HealthHub Participant Welcome Letter
HealthHub.com Quick Reference Guide
HealthHub Tour Video

New - Tipsheet #22

In this edition you will find important information regarding:

  • Medical Costs
  • Biometric Screenings
  • Dependent Eligibility Verification
  • Your Benefits Resources Upgrade
  • How Health Advocate Can Assist You

Social Security Number Required for all Covered Dependents

Federal Medicare regulations require you provide a Social Security Number for each of your covered dependents 12 months and older. Any dependent without an SSN on record is not eligible for healthcare coverage. The Social Security Number for the newborn child must be provided by the Child's first birthday to continue coverage. Just call the First Data Employee Resource Line at 888.348.4835 for assistance.

Healthcare Reform and Your Benefits

Given the publicity surrounding Healthcare Reform, many of you may have wondered how First Data’s health plans will be impacted.   Although it is still very early and we continue to analyze the various components, we wanted to share the following key points:

  • 2010 - For the remainder of 2010, no changes are required to or will be made to our Health and Life benefits or eligibility.  This includes the eligibility for dependents.  Through December 31, dependents remain  eligible for coverage up until the end of the calendar year  the dependent reaches age  19 or age 23, if  a full-time student.
  • 2011 -  First Data will be implementing the following changes, as required, on January 1, 2011:
  • Dependent children up to age 26 will be considered eligible for participation in our medical programs, provided the dependent child does not have coverage available through his or her own employer.  This rule applies regardless of whether the child is a full time student or an employee’s tax dependent. 
  • Over-the-counter (OTC) medications will no longer be eligible for reimbursement from the Health Care Flexible Spending Account or Health Savings Account, unless the medication is obtained with a prescription. However, through December 31, 2010, you can continue to use your accounts for purchases of eligible over-the-counter medicines.
  • First Data’s plans already comply with the following Healthcare Reform mandates:
  • No pre-existing condition exclusions apply
  • Certain preventive care benefits are offered with no employee cost sharing

These and other applicable changes to the benefit programs will be communicated again during Annual Enrollment for 2011.  The Healthcare Reform law requires a significant number of the changes to be phased in over a period of 8 years.  First Data will comply with the new legislation and we intend to provide periodic updates to our employees regarding any changes. 

Welcome to your online
First Data benefits resource!

A Message to You from First Data

First Data is proud to offer health benefits that provide value and protection for you and your family. A good health plan helps you stay well and catch problems early through preventive care benefits. It helps with the high cost of more complex care. And it gives you information and resources to become a more informed health care consumer. Health care consumerism means asking better questions when your doctor recommends a treatment or procedure. It means learning about the true costs of health care and spending wisely. Most important, consumerism is about living healthy and avoiding illness. By making healthy lifestyle changes and taking control of your own well-being, you'll get more out of life and make a real impact on your health care costs  A good health plan is one that fits you. This is why we offer choices suited to different needs, budgets, lifestyles and life stages.