News Archive - 2008
2009 ID Cards
December 22, 2008
Medical and Dental ID cards will only be issued if you changed plans (i.e. moved from the Premium PPO Plan to the Consumer Choice PPO Plan). If you need additional ID card(s) contact the vendor directly:
- Medical: Contact BlueCross BlueShield of IL at 1-866-563-8366
- Dental: Contact Delta Dental at 1-800-234-3375
- Vision Service Plan: No ID card with this Plan
Are you Enrolled in a Flexible Spending Account?
August 14, 2008
Bank of America is auditing Health Care FSA and Limited Purpose FSA transactions to ensure they have the necessary documentation to substantiate transactions. If you have an unsubstantiated FSA transaction, you may receive a letter from Bank of America requesting substantiation documentation.
The Internal Revenue Service requires FSA reimbursements be accompanied by the appropriate documentation from the third party—typically receipts or EOBs—to show if it is a qualified expense.
To substantiate your transaction:
- Log into your online Bank of America account
- Follow the steps listed in the Bank of America letter
If you have any questions regarding your account contact Bank of America Customer Service at 1-866-791-0250.
BCBS Student Certification
July 16, 2008
BlueCross BlueShield of Illinois is currently requesting certification of student status. If you have a dependent child age 19-25, you will be receiving a Student Certification Form which must be completed documenting full-time student status for the fall semester.
Please complete the Student Certification form and return directly to BCBS of IL in the return envelope provided to you. If the Student Certification Form is not completed and returned to BCBS of IL your dependent’s coverage will be cancelled effective August 31.
Benefits Presentation Video Available!
July 2, 2008
Are you looking to learn more about your benefits package? What if you need to review the amount of your deductible, check your out-of-pocket maximum or find out what your dental benefits are covered. Foundations has created an interactive Benefits Presentation! More ...
Tax Forms Issued for HSA Owners
June 4, 2008
If you were enrolled in the Consumer Choice PPO Plan last year, you will receive tax forms associated with your Health Savings Account (HSA).
- Form 1099-SA notifies the IRS of distributions made from your HSA during the tax year.
- Form 5498-SA notifies the IRS of contributions made to your HSA during the tax year.
ACS/Mellon and Bank of America issued the appropriate form(s) with instructions about the use and requirements for filing the banking institution’s annual tax return.
Resources
Here are some resources to help with your questions:
- Internal Revenue Service
- ACS/Mellon or 1-877-472-4200
- Bank of America or 1-866-791-0250
E-Mail Scam Alert from Bank of America
March 14, 2008
If you receive an e-mail alert that appears to come from Bank of America to request verification of your identity, do not respond. Do not click on the link! It is an e-mail scam called phishing. Phishing is an attempt to criminally and fraudulently acquire sensitive information, such as user names, password and credit card details, by pretending to be a trustworthy entity in an electronic communication. Contact Bank of America if you have questions regarding your account. Bank of America’s customer service’s number is 1-866-791-0250.
