Analyze this managing costsBoeing’s nonunionhealth care plans for2013 give employeesnew options for By Alex Wilson Fumito Kobayashi is probably like a funds from the previous year roll into theputs in the Health Savings Accountannually would add up, as any unusedlot of employees who are consideringthe options for medical coverage since Boeing announced changes to the next. When the savings hit $2,000, they nonunion medical plans in June. can be invested in select mutual funds. Kobayashi, 25, an unmarried electrical Kobayashi said he’s also drawn to the engineer at Boeing Defense, Space & Advantage+ plan because for him there Security in Huntington Beach, Calif., is will be no paycheck contribution. He can considering participating in the new take the money he would contribute— Advantage+ health plan. He believes he about $500 in 2013 for the Traditional could benefit from an important feature— Medical Plan—and deposit it on a the $600 contribution Boeing would make federal tax-free basis into his Health for eligible employees into an associated Savings Account. Health Savings Account starting in January. He can also take the money in his In good health, Kobayashi rarely Health Savings Account with him if he visits the doctor and expects his medical ever decides to leave Boeing. expenses will stay low over the next few The Advantage+ plan replaces the years. That means the money Boeing company’s PPO+Account plan. “When I started the PPO+Account, I looked at it as a way to get free money. And every year, I’ve always had money carry over.” – Kelly Wright 16 BOEING FRONTIERS / NOVEMBER 2012
Frontiers November 2012 Issue
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