May 20, 2012

nice_menu

Business picture

VEBA / Health Care Initiatives

VEBA health insurance plans are designed to help control rising insurance premiums and encourage employees to have a more active role in their medical decisions.

VEBA is a consumer directed health plan that helps employees to become aware of the costs associated with office visits, prescription drugs, after hour care, etc. which will help utilization trends. The employer helps fund the deductible through a trust account. Upon retirement, employees may utilize the funds left in their account for medical premiums and expenses.

To learn more about VEBA, review the documents below: 

VEBA 100

VEBA Plan Paying Your Medical Claims

Eligible Medical Expenses

-VEBA Employer Agreements

VEBA Enrollment & Contribution Forms

For more information, contact Mike Grahek at 218-748-7607 or mgrahek@nesc.k12.mn.us

 

sfy39587f05