The company will provide financial assistance of $5,000 when you foster or adopt a child. This assistance is intended to help you offset legal and other adoption-related expenses, such as agency fees, and court costs, and costs associated with the temporary foster care provided before placement of a child in the employee’s home. Reimbursement is made to active employees once the adoption is final. The request must be submitted within 30 days from the final adoption date.
For more information and to submit your claim, go to the MyBMC Rewards website and select the Your Spending Account tile.
The Departments of the Treasury, Labor, and Health and Human Services (the Departments) have issued the Transparency in Coverage final rules (85 FR 72158) on November 12, 2020. The final rules require non-grandfathered group health plans and health insurance issuers in the individual and group markets (plans and issuers) to disclose certain pricing information. Under the final rules a plan or issuer must disclose in-network negotiated rates and billed and out-of-network allowed through machine-readable files posted on an internet website. Plans and issuers are required to make these files public for plan policy years beginning in 2022. This material is for information only. Health information programs provide general health information and are not a substitute for diagnosis or treatment by a physician or other health care professional. You can access the BMC machine readable files here.