Understanding FedEx Health Insurance Provider Options and Perks for Employees

FedEx offers a range of health insurance provider options for its employees, including a medical plan, dental plan, and vision plan.

These plans are designed to provide comprehensive coverage for employees and their families, with options for different levels of coverage and cost-sharing.

FedEx's health insurance provider options include a network of over 1 million healthcare providers, giving employees access to a wide range of medical services.

Employees can choose from a variety of plan options, including a PPO plan, an HMO plan, and a high-deductible plan, to suit their individual needs and budget.

The medical plan covers a range of services, including doctor visits, hospital stays, and surgeries, with a maximum out-of-pocket expense of $6,000 per year.

Dental coverage is also available, with a maximum annual benefit of $2,000 and a network of over 100,000 dentists.

Vision coverage includes routine eye exams, glasses, and contact lenses, with a maximum annual benefit of $250.

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Telemedicine has surged during the pandemic, with FedEx seeing a 330% increase in year-over-year telemedicine usage.

FedEx added free telemedicine for non-urgent medical issues for 2020, which anyone covered by the FedEx Corporation Group Health Plan can use.

The convenience and safety of telemedicine visits are a big plus, according to Thornton, but it doesn't provide the same benefits as in-person visits, such as early detection of ailments through tests.

FedEx employees will have a Health Savings Account (HSA) option, which has a higher out-of-pocket maximum and requires members to pay full price for non-preventative medical services and prescription drugs until the deductible is met.

Telemedicine visits can't replace the importance of in-person visits, but they can certainly make healthcare more accessible and convenient.

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