How the Plans Work

Choosing Your Medical Plan

Choosing a medical option can be an overwhelming task. But, if you take it step-by-step, it can be easier than you think. Most team members have the choice of three Aetna “R”CDHP (Consumer-Directed Health Plan) options – Gold, Silver and Bronze. Note: Alaska and Guam residents only have the Gold and Silver options available.  If you’re in California, you also have the option of enrolling in a CDHP option offered by Kaiser. In addition, team members in Hawaii and Puerto Rico are only offered their traditional regional plans. 

How Our CDHP Options Work

There are several components to the cost of health care coverage. The premium cost share between the Company and team members, team member out-of-pocket costs, called deductibles and coinsurance, and whether your provider is in-network. 

Premium Cost

Your share of the premium cost is deducted from your paycheck on a pre-tax basis and depends on the medical option you elect. For example, the Aetna “R”CDHP Gold option offers a higher level of coverage when you receive care, however, your premium cost for that plan will be the highest. The Aetna “R”CDHP Bronze option offers the lowest level of coverage but has the lowest premium cost.

Annual Deductible

Your annual deductible is the dollar amount you have to pay for medical care and prescriptions before the plan starts paying a portion of the cost. Each medical plan has a different deductible amount. 

Most plan participants never reach their deductible. So when you’re choosing an option you should look at your premium cost, which you will pay no matter what, versus your deductible, which you will only pay if you need care.

Coinsurance

When your deductible is met, the Company will share in the cost of your care until you reach your annual out-of-pocket maximum. The percentage you pay depends on the medical plan option you elect. 

Annual Out-of-Pocket Maximum

Your annual out-of-pocket maximum is the most you would pay in a given year. For example, let’s say you have an unfortunate accident or need a costly surgery. The out-of-pocket maximum feature ensures in most circumstances, you’ll pay no more than that amount out of your own pocket.

Network of Providers

Each medical plan option has a “network” – a specified group of doctors, specialists and facilities that have agreed to set fees for services in advance. The Aetna Gold, Silver and Bronze medical options let you see any doctor, whether in-network or out of the network. However, you will generally pay less when you go to in-network providers. With the Kaiser CDHP option, you must use in-network providers or you will be responsible for the full cost of services.

Remember – In-Network Preventive Care Costs You Nothing!

With all plan options, the full cost of your in-network preventive care, including annual wellness visits and age-appropriate vaccinations, are paid for by the Company. That means as long as you use an in-network provider, you don’t need to consider the cost of preventive care when choosing a plan.

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