The latest news from the Board of Pensions

Information and resources for members and employers of The Board of Pensions of the Presbyterian Church (U.S.A.) March 18, 2020

Here to serve you as we manage this crisis together   The Board of Pensions joins the prayers of the Presbyterian Church (U.S.A.) as we seek the faithfulness, strength, calm, and compassion to navigate the new coronavirus, COVID-19. Read about the steps the Board is taking.   Coronavirus and your medical benefits   Effective immediately, all three medical options (PPO, EPO, and HDHP) will pay 100 percent of the cost — Medical Plan members pay no deductible, copay, or copayment — for coronavirus testing when done by a network provider. If you’re enrolled in Medicare Supplement, Medicare pays 100 percent of the cost for lab testing for the coronavirus. In addition, if you are enrolled in the PPO or EPO options, all copays when using Teladoc through June 30, 2020, will be waived. You will be charged the $10 copay at the time of the visit, and it will be automatically reimbursed within approximately seven days of the date that the claim is processed. If you are enrolled in the HDHP, the cost for a Teladoc visit is $45. The plan pays 80 percent of the cost after you pay the annual deductible. You can use funds in your health savings account to help pay for these expenses.   Coronavirus information: What to do if you think you need care   Explore resources from the Board and other service providers and information about Medical Plan and Medicare coverage, coronavirus symptoms, when to seek medical attention, and how to go about getting tested.   Protect yourself and those around you from coronavirus   Learn how you can help prevent the spread of the coronavirus at home and at work.   Secure benefits in uncertain times   Market volatility due to the coronavirus may raise concerns about the effects on pension benefits. Chief Investment Officer Judith D. Freyer reminds us that the Board of Pensions invests for the long term.   Support for managing fears about coronavirus   If you are feeling stressed about the coronavirus, there are things you can do to manage your fears. And, if you are eligible for the Employee Assistance Program, support is just a call or a click away.   Coronavirus e-learning available from Board University   One of the best precautionary measures we can take is to arm ourselves with accurate information about the coronavirus as well as an awareness of the resources available to us. Board University brings you the e-learning course COVID-19: What You Need to Know. This course contains a comprehensive overview of the coronavirus to help educate yourself and those around you. Access this course and other Board e-learning through Benefits Connect.   Livongo for Diabetes Program Coronavirus Resource Center   For those suffering from diabetes, this coronavirus resource page from Livongo is designed to answer your illness-related questions and let you know what you can do to manage your health.

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