Health Care Premiums

I opted to have health care premiums deducted from my RHCA at ML. The good news is it works. Here are the mechanics of it.

This morning I got an e-mail notification that on 1/20 an amount was transferred from the Cxxxx Stable Value Fund to the FZ Stable Value Fund. The amount transferred was nowhere near a round number. What I found out on a call to ML was that this money was transferred to the FZ (frozen) fund to cover health care insurance premiums. The amount transferred is sufficient to cover premiums for several months. Afterward, a deduction for January premium payments was made.

The statements and notifications are less informative than they could be, but the ML representative was helpful and knew what he was doing.