Saving Money

Cafeteria Plan Advisors, Inc.

Health Reimbursement Account - Health care

All employees using the City of Everett health care are eligible for reimbursements for certain out of pocket health care expenses:

  • Outpatient Surgery Copay

  • In-patient Hospital Admission Copay

  • MRI, CT, PET Scans

For expenses incurred during this school year form must be filled out by July 30th, 2019: HRA Claim Form 18-19

Flex Spending Account (FSA):
Flex programs allow you to set aside a portion of your paycheck tax free to pay for eligible expenses. The result is a reduction in your taxable income, which will give you an increase in your take home pay. Employee on average save 30% when using an FSA.

  • FSA Health Care

    • Pre tax deductions (loaded onto a debt card) for health care related expenses. Employees may set aside up to $2,650 per plan to pay for out-of-pocket health care/dental expenses for themselves and their family members.

  • FSA Dependent Care

    • Pretax deductions for dependent care. Employees can set aside up to $5,000 per plan year to pay for out-of-pocket dependent care expenses for children under the age of 13 or elderly parents. This includes expenses for after school programs.

Contact Information

420 Washington Street, Suite 100
Braintree MA 02184

Phone: 781-848-9848

Fax:     781-848-8477

Email: info@cpa125.com

Please allow one business day for response to inquires.

Business hours: 8:00 am - 4:30 pm (from Monday to Friday) 

 

City of Everett:
 

Health Insurance Opt Out Incentive:

  • Everett Employees who can acquire health insurance elsewhere can receive a one time payment of either $2,500 (for individual plans) or $5,000 (for family plans) for opting out of the city insurance plan.

  • For more information contact Louise Genualdo at Administration or Mike Vetrano at City Hall.

(We know the forms are out of date.  We were told the forms are still in use and the dates can be corrected when filling them out)