Open Enrollment Guide

Open Enrollment Begins May 12th and ends May 24th Karla Westmore Our Company

What is Open Enrollment? Begins May 12th and ends May 24th Open enrollment is a designated period during which employees can review, make changes, or enroll in their benefits plans for the upcoming year. It’s an essential opportunity for employees to ensure their benefits package aligns with their personal and family needs, and it’s crucial for employers to provide clear, organized information during this time. Open Enrollment • Set time frame period. • Plan Options. • No Medical Underwriting. • Flexibility. • Educational Resources. Qualifying Events • Marriage or Divorce • Birth or Adoption of a Child • Loss of Other Health Coverage • Change in Employment Status • Death of a Dependent • Relocation to a New Area (30 day period)

Common Insurance Terms Premium The amount paid for insurance coverage, usually on a monthly, quarterly, or annual basis. Coverage The protection provided by an insurance policy against financial loss or damage. Deductible The amount the insured must pay out-of-pocket before insurance coverage kicks in. Exclusion Specific situations, conditions, or items not covered by an insurance policy. Copayment A fixed amount paid by the insured for specific services, usually at the time of the service. Claim A request made to the insurance company for payment or coverage for a loss or event.

Benefit Program Our benefits program is designed to provide comprehensive coverage and support for employees and their families. We offer a range of plans that can be customized to suit individual needs. Below is an overview of the different benefits available and their key features. What’s New? Expanded Telehealth Access: Employees can access medical consultations services 24/7 at no additional cost. Enhanced Mental Health Support: Including therapy sessions and counseling through MindCare Solutions. New Retirement Plan Options: Our 401k plan now includes a higher employer match to grow their savings faster. Discounted Wellness Programs: Employees have access to wellness and fitness programs through FitLife Wellness. Benefit Provider Description Dental Insurance BrightSmile Dental Coverage for routine dental check-ups, cleanings, and major dental procedures. Vision Insurance ClearSight Vision Coverage for eye exams, glasses, and contact lenses. Disability Insurance ShieldCare Insurance Short- and long-term disability coverage for illness or injury. Life Insurance LifeGuard Insurance Provides a payout to beneficiaries in the event of the employee’s death.

Healthcare Costs Healthcare costs can vary depending on the type of coverage, the provider, and the specific plan selected. Understanding the breakdown of these costs helps employees make informed decisions about their health insurance options. Below is an overview of common healthcare costs: Cost Type Provider Description Premium $350 per month $850 per month Deductible $1,500 per year $3,500 per year Copayment $25 per visit $45 per visit Out-of-Pocket Maximum $5,000 per year $10,000 per year Prescription Costs $10 per prescription $25 per prescription

Choose Plans Dental Comprehensive dental care including cleanings, check-ups, fillings, and major procedures. Vision Coverage for eye exams, glasses, contact lenses, and other vision-related services. Disability Provides income replacement in case of illness or injury, offering short-term and long-term coverage. Life Pays a benefit to beneficiaries in the event of the insured’s death, with both basic and supplemental options.

Dental Comprehensive Coverage for Your Oral Health Our dental insurance plan ensures employees have access to necessary dental care, from routine check-ups to more extensive procedures. Below is an overview of the dental plan details. Benefit Employee Contribution Coverage Options Preventive Care $350 per month Individual, Family Basic Procedures $550 per month Individual, Family Major Procedures $700 per month Individual, Family Annual Maximum $5,000 per year Family Waiting period 3 monts Individual, Family

Vision Protecting Your Eyesight, Enhancing Your Health Our vision insurance plan provides comprehensive coverage for eye exams, glasses, contact lenses, and more, ensuring employees and their families have access to essential vision care. Benefit Employee Contribution Coverage Options Eye Exams $350 per month Individual, Family Prescription Glasses $550 per month Individual, Family Contact Lenses $700 per month Individual, Family Annual Maximum $5,000 per year Family Discounts on Additional Services Varies Individual, Family

Disability Income Protection When You Need It Most Our disability insurance plan provides critical financial support in the event of an illness or injury that prevents employees from working, offering both short-term and long-term coverage options. Benefit Employee Contribution Coverage Options Short-Term Disability $350 per month Individual Long-Term Disability $550 per month Individual Elimination Period 15 days Individual Maximum Benefit Period 10 years Individual Coverage for Partial Disability $7000 per month Individual

Life Protecting Your Loved Ones' Future Our life insurance plan provides financial protection for your beneficiaries in the event of your death, ensuring they have the necessary support during a challenging time. Benefit Employee Contribution Coverage Options Basic Life Insurance $2050 per month Individual Supplemental Life Insurance $1000 per month Individual, Family Accidental Death & Dismemberment (AD&D $2000 per month Individual, Family Term Life Insurance $5,000 per year Individual, Family Whole Life Insurance $4000 per month Individual, Family

Additional Coverage Enhancing Your Protection for Peace of Mind In addition to the core benefits, we offer a variety of additional coverage options that can be tailored to provide extra security in specific areas of life and health. Benefit Employee Contribution Coverage Options Critical Illness Insurance $1350 per month Individual, Family Accident Insurance $1550 per month Individual, Family Hospital Indemnity Insurance $700 per month Individual, Family Legal Insurance $2000 per year Individual, Family Pet Insurance $700 per month Individual, Family

How to Enroll Getting the benefits you need is quick and simple. Follow these three easy steps to complete your enrollment and secure your coverage. Simple Steps 1. 2. 3. Choose the plans that work best for you. Fill Out Form Complete the enrollment form with your selections. Submit & Confirm Submit your form and confirm your choices.

Video Thank You If you have any questions or need assistance, feel free to reach out to our support team. Phone: (555) 123-4567 Email: [email protected] Office Hours: Monday - Friday, 9:00 AM - 5:00 PM