Anthem Medical Plans
Veritas offers two medical plans with Anthem: Anthem Health Savings Account (HSA) and Anthem Preferred Provider Organization (PPO) Plan.
Medical Plan Benefits
In addition to Wellness Programs, Preventive Care, and Behavioral Health, both Anthem plans offer the following benefits. Infertility coverage is offered in the Anthem HSA Plan only:
Employee Cost Per Pay Period 2019 Comparison
Anthem Group Number - 174228
Anthem High-Deductible Health Plan with a Health Savings Account
The Anthem High-Deductible Health Plan (HDHP) with a Health Savings Account (HSA) offers a different approach to how you pay for your health care. There are two separate components of this plan that interact with each other; the health plan and the bank account.
Anthem High-Deductible Health Plan
Veritas offers a qualified HDHP which utilizes the Anthem network of doctors, facilities and hospitals. This plan is designed so that there are no first dollar benefits like copayments prior to you meeting your annual deductible. All coverage (except in-network annual preventative care), including coverage for prescriptions, is subject to the annual deductible.
Copayments and coinsurance apply AFTER your deductible is met. You pay the Anthem negotiated rate for services such as office visits, lab work, tests, prescriptions, etc. until you meet your deductible. Once your deductible is met, then the applicable coinsurance or copayment will apply.
In-network annual preventative care is covered 100% by the Anthem plan.
The Health Savings Account with HealthEquity
The qualified HDHP plan allows you to open an HSA with HealthEquity. You can put money into this account on a pre-tax basis to use when paying for qualified medical, dental and vision expenses. Veritas will also make a cash deposit to your HSA. If you’re hired prior to July 1 you will receive 50% of the annual contribution the month following your hire date and the other 50% on July 15. If you’re hired on or after July 1, you will only receive 50% of the annual contribution in the month following your hire date.
See the chart below for the amount Veritas contributes annually based on your coverage tier:
How the Plan and Account Work Together
When you seek services, such as a doctor visit or pick up a prescription, you will present your Anthem medical ID card. The provider or pharmacy will be able to verify your coverage in the Anthem or WellDyne system. If you have not met your deductible, you will pay the negotiated rate for the service or prescription. If you have money in your HSA account, you can use the HSA debit card to pay for the service or prescription.
Anthem HSA Plan Covered Services
For details about services covered under the Anthem HSA Plan, including Behavioral Health benefits, refer to the Plan Comparison Chart (pdf).
Anthem PPO Plan
The Anthem Preferred Provider Organization (PPO) Plan provides comprehensive medical coverage with the freedom to choose any doctor or hospital at any time.
How the Anthem PPO Plan works
Anthem PPO Plan Covered Services
For details about services covered under the Anthem PPO Plan, including Behavioral Health benefits, refer to the Plan Comparison Chart (pdf).