Pre-tax Plans

If you could bring home more money per paycheck without working any additional hours, wouldn't you?  That's a benefit of using Banner’s Pre-tax Plans.
 
As a benefit eligible employee, you have access to three plans that allow you to take a portion of your income and pay for certain premiums and expenses without paying the majority of taxes on that money.  This program is often referred to as Pre-Tax Plan contributions. Federal legislation allows Banner Health to offer these plans to you.

The three plans offered to you are:

• Pre-Tax Premiums – If you participate in one of Banner’s Medical, Pharmacy, Dental or Vision Plans, your contributions are paid with pre-tax dollars. You do not need to make an election for this plan, as it is automatic upon enrollment.
• Health care flexible spending account (HCFSA)
• Dependent care (day care) flexible spending account (DCFSA)

Summary Plan Description

Detailed information on this benefit such as eligibility, plan coverage, limitations and contact information can be found in the Summary Plan Description (SPD).

Important to Note

This page contains highlights of your Pre-Tax Plans. The details of how the spending account options work are included in the documents and contracts that govern how the plan operates. In the event of a difference between this insert and the legal documents and contracts, the legal documents and contracts will rule. This page does not imply a contract of employment or guarantee of benefits. Banner Health reserves the right to change or discontinue all or part of the Pre-Tax Plans at any time for any reason.