Overview
The New York Fed provides employees and their families with medical, dental, prescription drug and vision benefits, as well as a Pre-Tax Contribution Plan and Flexible Spending Accounts (FSA). Our health benefits program consists of:

• Three medical plans administered by BlueCross BlueShield and United Health Care
• A prescription drug plan administered by Medco Health Solutions, Inc.
• Two dental plans administered by Cigna
• Vision benefits
• A Pre-Tax Participant Contribution Plan
• Two Flexible Spending Accounts (health care and dependent care)

Medical
Federal Reserve Banks pay a portion of health insurance premiums for eligible employees and their families. There are two Preferred Provider Organization (PPO) plans administered by Blue Cross and Blue Shield and one Point-of-Service (POS) plan administered by UnitedHealthcare.

Prescription Drug Plan
Prescription drug coverage is provided by Medco Health Solutions, Inc. through a network of participating pharmacies that represent approximately 90% of all pharmacies nationwide, including most national chains.

Vision
Vision benefits are available through the Vision Service Plan network to provide overall eye health and wellness.

Dental
The Bank offers the choice of two dental plans under the Cigna Preferred Provider Organization. Both provide coverage for preventive, basic, and major restorative services. The premier option also includes coverage for implants and orthodontia.

Flexible Spending Accounts
With flexible spending accounts, employees may set aside a portion of their pre-tax salary to reimburse eligible health care and dependent day care expenses. Items under dependent care include: child care, after-school care, and care for an elderly or disabled parent or financially dependent spouse.

Onsite Medical Staff
The onsite medical staff at our Liberty Street, NYC and East Rutherford, NJ offices offer an array of health services, including health and wellness education, counseling and disease prevention, disease-related screenings, maternity leave counseling and processing, emergency medical care for illness or injury, and treatment for minor medical conditions.

Wellness Programs/Health Screenings
The Medical Service Division offers a variety of wellness programs, at no cost, to all employees. Programs include cholesterol screening, skin cancer screening, mammography exams, prostate cancer screening, nutrition information and stress management.

Reduced fee classes are held in the Bank's gymnasium in Tai Chi, Meditation, Salsa Aerobics, Yoga and more. In addition, an onsite chair massage is available by appointment at the Bank's Liberty Street, NYC and East Rutherford, NJ offices.

Employee Assistance Program
The Bank's Employee Assistance Program, administered by an outside consulting firm, is designed to serve as a starting point for employees and their immediate families to seek help for personal or family concerns. These include alcohol and drug abuse, stress, marital difficulties and psychological counseling.

Fitness Centers
The Bank maintains fitness centers at its Liberty Street, NYC, East Rutherford, NJ, and Buffalo locations. All employees are eligible to apply for membership. The number of employees who may be enrolled is limited and a waiting period may apply.