MY CHOICE PLAN COST COMPARISON TOOL
If you're not sure which My Choice Plan medical option to choose, this tool makes it easy to see how your estimated costs for this year could compare under both options. While it can't tell you which option is best for you, it can help you understand the cost difference.
Let's get started. Who will you enroll in your Macy's, Inc. medical option?
Be sure to include all your covered family members when answering the questions below.
Not sure what your medical contribution is? Visit the Benefits section of MyHR on My IN-SITE before your Enrollment Due Date to view your specific medical contributions and to enroll. To calculate your annual contribution, be sure to multiply your medical contribution by 4.3 if you're paid weekly, or by 2 if you're paid semi-monthly.
Enter the monthly medical contributions for the coverage level you've selected.
Expected Medical Expenses: ${{oneScope}}
2. How many times might you use a telehealth online doctor visit for treatment of a minor illness?*
Expected Medical Expenses: ${{twoScope}}
3. How many Primary Care Office Visits do you expect in the next year?*
Expected Medical Expenses: ${{threeScope}}
4. How many Specialist Office Visits do you expect in the next year?*
Expected Medical Expenses: ${{fourScope}}
5. How many Generic Prescriptions will you fill each month for an on-going and/or chronic condition?*
Expected Annual Medical Expenses: ${{fiveScope}}
6. How many Brand-Name Prescriptions will you fill each month for an on-going and/or chronic condition?*
Expected Annual Medical Expenses: ${{sixScope}}
7. How many Convenience Care Clinic visits do you expect in the next year?*
Expected Medical Expenses: ${{sevenScope}}
8. How many Urgent Care Visits do you expect in the next year?*
Expected Medical Expenses: ${{eightScope}}
9. How many Emergency Room Visits do you expect in the next year?*
Expected Medical Expenses: ${{nineScope}}
10. Do you expect to be Hospitalized for care in the next year?*
Expected Medical Expenses: ${{tenScope}}
Both options cover in-network preventive care and certain generic preventive prescriptions at 100% and pay 80% once you meet your deductible. The differences are in the deductibles and out-of-pocket maximums.
Based on the information you entered, it looks like you can expect to reach your Out-of-Pocket Maximum within the coming Plan year. This maximum acts as a safety net, protecting you from catastrophic expenses. After you reach the maximum, the Plan will pay 100% of eligible expenses for the remainder of the Plan year.
| Total Expected Medical Expenses: | ${{hsaOneTotalMedical}} |
| Member Out-of-Pocket Cost | |
| Deductible: | ${{hsaOneDeductible}} |
| + Coinsurance: | ${{hsaOneCoinsurance}} |
| + Annual Payroll Deduction | ${{hsaOnePayroll}} |
| - Macy's, Inc. HSA Contribution: | ${{hsaOneHsa}} |
| Your Total Cost | ${{hsaOne}} |
| Total Expected Medical Expenses: | ${{hsaTwoTotalMedical}} |
| Member Out-of-Pocket Cost | |
| Deductible: | ${{hsaTwoDeductible}} |
| + Coinsurance: | ${{hsaTwoCoinsurance}} |
| + Annual Payroll Deduction | ${{hsaTwoPayroll}} |
| - Macy's, Inc. HSA Contribution: | ${{hsaTwoHsa}} |
| Your Total Cost | ${{hsaTwo}} |
| Deductible: | ${{difDeductible}} |
| Coinsurance: | ${{difCoinsurance}} |
| Annual Payroll Deduction | ${{difPayroll}} |
| Your Total Cost | ${{dif}} |
The costs shown are estimates based on your answers to the questions above and average costs for various types of in-network care. Your actual costs may be different. This tool is designed to help you compare the costs under each medical option. It is not intended to provide a recommendation about which option is best for you. The cost estimates do not reflect any cost savings you may experience by paying your expenses with tax-free dollars through your HSA.
