Glossary
Claims Filing Deadline
The claims filing deadline is May 31 following the end of the plan year. For example, for the 2011 plan year, your eligible expenses must be incurred no later than March 15, 2012 (the end of the grace period) and must be submitted to the Claims Administrator by May 31, 2012 (the claims filing deadline).
Eligible MMA Employees
As used throughout this document, "MMA Employees" are defined as employees classified on payroll as U.S. regular employees of MMA Corporate, Insurance Alliance, MMA-NIA or the MMA Anchorage office.
Eligible Marsh & McLennan Companies Employees (other than MMA)
As used throughout this document, "Marsh & McLennan Companies Employees (other than MMA)" are defined as employees classified on payroll as U.S. regular employees of Marsh & McLennan Companies or any subsidiary or affiliate of Marsh & McLennan Companies (other than MMA and any of its subsidiaries).
Explanation of Benefits
An Explanation of Benefits is a statement that the Claims Administrator sends to you after you, one of your covered family members or your health care provider files a claim for benefits. The Explanation of Benefits shows the charges that were submitted, the amount paid or not paid, and your balance, if any.
Grace Period
The grace period is the additional 2-1/2-month period following the end of the plan year. If you have a balance remaining in your Health Care Flexible Spending Account after the end of the plan year and you are still participating on December 31 of the plan year, you may use that balance to be reimbursed for eligible expenses incurred during the grace period. For example, if you do not use the balance in your 2011 plan year Health Care Flexible Spending Account between January 1 and December 31, 2011, you may use the remaining balance to be reimbursed for eligible expenses incurred between January 1, 2012 and March 15, 2012 (the grace period).
Expenses incurred during the grace period but after your employment ends are not reimbursable.
Incurred
Expenses are treated as having been incurred when the care or service is provided, not when you are billed or pay for it.
Plan Year
The plan year is January 1 through December 31.