Portico Employer Bill Guide
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Portico Employer Bill Guide Notes About Portico Bills Benefits are billed for current month (Example: 1/1 – 1/31) and may include any adjustments Amounts listed on the bill are based on information we have processed by the time the bill was generated, they are typically generated on the 15th of each month By paying upon receipt and before the month is over, ensures your next bill will not have a past due amount Bills are available around the 20th of each month on EmployerLink (EL) and Portico will email all EL users when it is available Information Regarding the Sample Bill Attached: Employer has 2 pay periods Employer sponsors at Silver + C Employer has a Health Savings Account Contribution adjustment of $100 Employer has 4 employees Bill Page 1 -Your Bill Summary Summary is a total for all employees Bill Page 2 - Resource Page Key terms, making changes, etc. Bill Page 3- Your Bill Details Summary for all employees broken down into specific billed items Bill Pages 4-7- Employee Bill Details Summary for each individual employee Pastor Example 1 Pretax retirement contributions is $90 per pay period FSA Healthcare contributions is $70.83 per pay period Healthcare buy-up cost $227.00, billed once monthly Note: This employee chose to buy-up to Gold + and has an Healthcare FSA. (When on Gold+ members cannot have Health Savings Accounts)
Last Updated 1/5/2016
2 Pastor Example 2 Pretax retirement contributions is $106.58 per pay period Health Savings Account contributions is $41.66 per pay period Supplemental Life Insurance cost $38.00, billed once monthly Note: This member has an Employer Health Savings Account Contribution adjustment of $100 Pastor Example 3 Pretax retirement contributions is $1,000 per pay period Health Savings Account contributions is $177.08 per pay period FSA Healthcare contribution $41.66 per pay period Note: This employee is on Silver + Level C and is contributing to an HSA and Limited Purpose FSA. (When on Silver+ members can have a Health Savings Account as well as a Limited Purpose FSA.) Pastor Example 4 Pretax retirement contributions is $975 per pay period FSA Healthcare contribution $41.66 per pay period Note: There is no Health cost under Employer Contributions because this employee is waiving health coverage. This member has a Healthcare FSA. (When waiving health coverage members cannot have Health Savings Accounts.)
Last Updated 1/5/2016
3 Bill Page 1 -Your Bill Summary
Last Updated 1/5/2016
4 Bill Page 2- Resource Page
Last Updated 1/5/2016
5 Bill Page 3- Your Bill Details
Last Updated 1/5/2016
6 Pastor Example 1
Last Updated 1/5/2016
7 Pastor Example 2
Last Updated 1/5/2016
8 Pastor Example 3
Last Updated 1/5/2016
9 Pastor Example 4
Last Updated 1/5/2016
Portico Employer Bill Guide Notes About Portico Bills Benefits are billed for current month (Example: 1/1 – 1/31) and may include any adjustments Amounts listed on the bill are based on information we have processed by the time the bill was generated, they are typically generated on the 15th of each month By paying upon receipt and before the month is over, ensures your next bill will not have a past due amount Bills are available around the 20th of each month on EmployerLink (EL) and Portico will email all EL users when it is available Information Regarding the Sample Bill Attached: Employer has 2 pay periods Employer sponsors at Silver + C Employer has a Health Savings Account Contribution adjustment of $100 Employer has 4 employees Bill Page 1 -Your Bill Summary Summary is a total for all employees Bill Page 2 - Resource Page Key terms, making changes, etc. Bill Page 3- Your Bill Details Summary for all employees broken down into specific billed items Bill Pages 4-7- Employee Bill Details Summary for each individual employee Pastor Example 1 Pretax retirement contributions is $90 per pay period FSA Healthcare contributions is $70.83 per pay period Healthcare buy-up cost $227.00, billed once monthly Note: This employee chose to buy-up to Gold + and has an Healthcare FSA. (When on Gold+ members cannot have Health Savings Accounts)
Last Updated 1/5/2016
2 Pastor Example 2 Pretax retirement contributions is $106.58 per pay period Health Savings Account contributions is $41.66 per pay period Supplemental Life Insurance cost $38.00, billed once monthly Note: This member has an Employer Health Savings Account Contribution adjustment of $100 Pastor Example 3 Pretax retirement contributions is $1,000 per pay period Health Savings Account contributions is $177.08 per pay period FSA Healthcare contribution $41.66 per pay period Note: This employee is on Silver + Level C and is contributing to an HSA and Limited Purpose FSA. (When on Silver+ members can have a Health Savings Account as well as a Limited Purpose FSA.) Pastor Example 4 Pretax retirement contributions is $975 per pay period FSA Healthcare contribution $41.66 per pay period Note: There is no Health cost under Employer Contributions because this employee is waiving health coverage. This member has a Healthcare FSA. (When waiving health coverage members cannot have Health Savings Accounts.)
Last Updated 1/5/2016
3 Bill Page 1 -Your Bill Summary
Last Updated 1/5/2016
4 Bill Page 2- Resource Page
Last Updated 1/5/2016
5 Bill Page 3- Your Bill Details
Last Updated 1/5/2016
6 Pastor Example 1
Last Updated 1/5/2016
7 Pastor Example 2
Last Updated 1/5/2016
8 Pastor Example 3
Last Updated 1/5/2016
9 Pastor Example 4
Last Updated 1/5/2016
