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In this issue:
Benefits Access Helps You Stay on Track
When is the last time you logged in to Benefits Access? While any time is a good time to review your account information, certain times are more urgent than others:
- Fall annual election season: You can check your has balance for an idea of how much to contribute to health accounts in 2023. You'll also want to check Health FSA balances because the use-it-or-lose-it rule has returned. In 2022, you could carry over up to $570 into 2023. The carryover into 2024 has not yet been announced.
- Setting up retirement benefits: If you’re starting the benefit election process, confirm your bank information so you don’t miss a payment.
- Relocating: After you unpack the boxes, check your personal profile in Benefits Access to update your address and, if necessary, your email address and bank information.
- Life events: The birth of a child, death of a spouse, and marriage are just a few reasons to log in and update your beneficiaries.
| New to Benefits Access? No Problem! |
To set up your user account, visit Benefits Access (www.benefitsaccess.org) and click the “New User Registration” button. Answer a few questions, provide a valid email address, set up your username and password and you’ll have on-demand access to your account information and a robust collection of resources.
Last Chance to Complete Health Check and Blueprint for Wellness
If you have not already, we encourage you to complete the Health Check online assessment and the Blueprint for Wellness® health screening by August 31. Completing the Health Check assessment will help you avoid a higher HealthFlex deductible in 2023.1 Completing the Blueprint for Wellness screening will earn you $100 Pulse Cash2!
- To take the Health Check: Log into your Virgin Pulse® account online or via the app, select the “Health” tab and then choose “Health Check.”
If you have a spouse also covered by HealthFlex, you both must take the Health Check to avoid a higher deductible. The higher deductible will be $250 extra for individual coverage and $500 extra for family coverage in 2023.
- To schedule the Blueprint for Wellness: Log into your Virgin Pulse account online or via the app, select the “Benefits” tab, and search for “Quest Blueprint for Wellness Screening.”
If you or your covered spouse have not yet registered for Virgin Pulse, sign up here.
¹Households with family coverage in the H3000 plan in 2023 who do not complete Health Check in 2022 will have their deductible and individual out-of-pocket maximum increased by $500 so the deductible does not exceed the individual out-of-pocket max.
²The IRS considers cash wellness incentives as taxable income. Contact your tax adviser for more information.
Note: Participation in well-being programs is voluntary.
Wespath and Gammon Partner to Address Financial Wellness for Underserved and Pandemic-Impacted Clergy
Gammon Theological Seminary and Wespath’s Clergy Financial Well-Being Initiative recently announced a partnership to expand the programming and resources used to help underserved/ underrepresented and pandemic-impacted United Methodist clergy address financial challenges. Together Gammon and Wespath will seek new ways to share materials, connections and strategies that support a shared vision to positively impact underrepresented clergy groups.
Annual Election Coming Soon!
Annual election—the period when you select your medical/pharmacy, dental and vision plans, and health accounts for 2023—will take place November 2–17. Be on the lookout for more information in the upcoming weeks and months. Just like last year, you will access the annual election site via Benefits Access. If you have not registered for Benefits Access, click here to complete the registration process.
HealthFlex Summer Camp
Summer camp isn’t just for kids! provide tips and reminders about how to earn and save money that are sure to delight HealthFlex primary participants and covered spouses. Many of the benefits discussed extend to children also covered by HealthFlex. Visit the Wespath Instagram account for these helpful videos! Your instructor is Bob Gerlach, Health and Welfare Benefits Manager.
Wespath Engagement with Caterpillar to Address Human Rights Risks
Wespath has been engaging with Caterpillar over human rights concerns stemming from its supply chain and use of its equipment in Conflict-Affected and High-Risk Areas (CAHRA). In June, shareholders voted on a resolution we filed asking CAT to provide more information on its business activities in CAHRA. While this resolution did not pass, Wespath plans to re-engage shareholders over the next year and re-file next year. Check out our latest Sustainable Investment Stewardship Update to hear more.
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