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NCU_Happenings_April_Newsletter_FINAL

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We will continue to provide necessary updates to the NCU community as the impacts of the COVID-19 pandemic unfold. We encourage all faculty and staff to utilize the available resources and stay in close contact with your direct leader if anything should happen to you. We are all in this together, and we will all be together once this has passed. A list of available resources is below. www.ncu.edu/coronavirus HUMAN RESOURCES & BENEFITS Medical Coverage Cigna and other providers are implementing cost reductions and making it easier for participants to receive testing and seek medical care related to COVID-19. Health Savings Accounts/Health Care Flexible Spending Accounts Over-the-counter drugs and medicines can now be paid for using an FSA or HSA without a doctor's prescription. In addition, menstrual care products are now considered a qualified medical expense under an FSA or HSA. Dependent Care Flexible Spending Accounts If you recently switched to work-from-home status and no longer have a need for the Dependent Care FSA benefits, you may be able to make changes to this benefit. 401(k) Eligible participants may request penalty-free distributions of up to $100,000 for qualifying coronavirus-related reasons. These distributions have special terms that make them more favorable than normal hardship withdrawals. Telehealth Resources are being expanded for virtual health care at Cigna, telehealth providers, and many individual doctors' offices. STUDENT CENTRIC. REGIONALLY ACCREDITED. NONPROFIT.

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