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Benefit Meeting - 2011

Employee Benefit ReviewEmployee Benefit Review

Review your current benefits program

Discuss your benefits program for 2011

Assist you in the selection of all benefits

Benefits Program - 2011Benefits Program - 2011* Medical Insurance / 2 Options

* Long Term Disability

* Voluntary Benefits

* Vision Insurance

* Dental Insurance

* Flexible Spending Account

* Life Insurance

Blue Cross / Blue ShieldBlue Cross / Blue Shield

Lifetime Max Unlimited

Employee Only Ded

Employee & Family Ded

Employee OOP MaxEE & Family OOP Max

$1,000

$2,500

$2,000

$5,000

80% Co-Insurance

In-Network – (P)In-Network – (P)

(Option #1)

Blue Cross / Blue ShieldBlue Cross / Blue Shield

Physician Co-Pay

Lab/X-rays

Hospital Admission

Outpatient Service

Prescription Medication

Emergency Room

In-Network - ( P )In-Network - ( P )

Out Of Network

$25 Co-Pay

Ded & Co-Insurance

Ded & Co-Insurance

$10 / $35 / $50

Ded & Co-Insurance

60% After Ded

Wellness 100% Covered

$250 Co-Pay

(Option # 1)

Specialist Co-Pay $50 Co-Pay

HSA Overview• A Health Savings Account is very

similar to an Individual Retirement Account, except distributions must be made for qualified medical expenses.

• Unused funds continue to grow tax deferred year to year.

• Qualified distributions are tax-free.• Must be used in conjunction with

“High Deductible Health Plan” (HDHP).– Insurance that does not cover first

dollar medical expenses (except for prevention).

Blue Cross / Blue ShieldBlue Cross / Blue Shield

Lifetime Max Unlimited

Employee Only Ded

Employee & Family Ded

Employee OOP MaxEE & Family OOP Max

$2,500

$2,500

$5,000

$5,000

100% Co-Insurance

In-Network – (P) In-Network – (P)

(Option # 2 – HDHP / HSA Compatible)

Blue Cross / Blue ShieldBlue Cross / Blue Shield

Physician Visit

Lab/X-rays

Hospital Admission

Outpatient Service

Prescription Medication

Emergency Room

In-Network – (P)In-Network – (P)

Out Of Network

Ded & Co-Insurance

Ded & Co-Insurance

Ded & Coinsurance

Ded & Co-Insurance

Ded & Co-Insurance

60% After Ded

Wellness 100% Covered

Ded & Co-Insurance

(Option # 2 – HDHP / HSA Compatible)

www.bcbst.com

Find A Doctor or Hospital In The Network Find Information About Prescription Drugs Check Status Of Claims

Plan Design Information

1.800.565.9140, 8AM-5PM

Medical Insurance(BC/BS)

* See Employer or Benefit Counselor for rates on each plan. Cost savings recognized by ClearView Baptist Church on Option 2 – HSA plan can be passed on to the employee in the form of deposits into an eligible employee’s HSA.

Life & AD&D Insurance(Guardian)

* See Employer for Exact Benefit Amounts

100% Employer Paid

Long Term Disability(MetLife)

*180 Day Elimination Period

* 60% of Earnings to a max. monthly benefit of $6,000 Special Note: This is a tax free benefit.

* Benefit Duration to Age 65 or Normal Retirement Age

100% Employer Paid

Dental Insurance - Dental Insurance - VoluntaryVoluntary (Delta Dental)

Deductible – 3 Per Family $50 Per Person

Preventive Services 100% / 100%

Basic Services 90% / 80%

Major Services 60% / 50%

Benefit Year Maximum $1,000

Orthodontia Coverage 50% up to $1,000 lifetime maximum(Dependent Children to age 24)

In Network / Out of Network

Dental Insurance - Dental Insurance - VoluntaryVoluntary (Delta Dental)

$ 14.04

$ 58.45

Employee Cost

$ 28.66Employee + One Dependent

Employee + Family

Employee Cost - Per Pay Period

Vision Benefits - Vision Benefits - VoluntaryVoluntary ( Guardian – VSP Network )( Guardian – VSP Network )

1 Vision Exam – Calendar Year $10 Co-Pay / $46 Max Benefit

1 Set of Lenses – Calendar Year $25 Co-Pay / See Schedule (Including bifocal, trifocal ) Contact Lenses $25 Co-Pay / See Schedule(In lieu of eyeglasses – Every 12 months)

1 Set of Frames $25 Co-Pay / See Schedule(Every 24 months)

Vision Insurance - Vision Insurance - VoluntaryVoluntary ( Guardian – VSP Network )

$ 3.86

$ 7.95

Employee Cost

$ 7.63Employee / Spouse

Employee / Child(ren)

Employee & Family $ 11.33

Employee Cost – Per Pay Period

Health care Flexible Spending Accounts help manage the costs of health care...

Dental products and procedures -- including orthodontia.

Vision products.

Many prescription drugs.

General physicals and well-baby care.

Over-the-Counter drugs

Flexible SpendingFlexible Spending

You may place up to 3,500 per year in the flex plan.

Dependent care FSAs help manage the costs of caring for

dependents... Children under 13 / Parent or Spouse who is incapable of caring for themselves

You may place $2500 in to the account if you filesingle

You may place $5000 in to the account if you aremarried & file jointly

$1,600.00

Total annual deduction for FSA

$ 370.00

Amount spent by end of plan year

$1,230.00Any funds deducted but not used during

the plan year are forfeited.

Proper Planning

Is Key!

Another added Company Benefit includes payroll deduction for Voluntary Benefits Employees will have the opportunity to choose supplemental coverage with Colonial during individual benefit sessions.

Colonial Life our carrier for Voluntary Products.

Voluntary Benefits

Short Term Disability

Life Insurance

COLONIAL LIFECOLONIAL LIFE

Accident Coverage Cancer InsuranceCritical Illness

Medical Bridge – (2 Options)

Would It Be A Problem If I Didn’t Get A Paycheck For A While ?

How Will I Pay My Bills?!How Will I Pay My Bills?!

Short Term Disability

Your benefit amount is 66 2/3% of gross income

Short Term Disability

24 Month benefit period

Benefits start after the 1st day for accidents and 8th day for sickness. Off-job Accident, Off-Job Sickness (60%of disabling injuries occur off the job)

Maternity covered after 9 months 12 Month Pre-Existing Condition Applies Coverage is Portable

Cash Payment For Accidents That Happen On Or Off The Job

Benefits Paid Directly To You

Spouse And Children Coverage Available Worldwide coverage, 24 hrs/day Coverage Is Portable And Guaranteed Renewable.

Accident Plan

Spouse Disability Coverage Available(Maternity Can Be Covered)

Designed To Help See You

Through The Different Stages Of

Care

Initial Care Ambulance

$200 Emergency Treatment

$125Accidental Injuries Broken Bones: Leg $825

Rib $275 Lacerations: $ 50Hospital Admission$1,250• 250 per day thereafter•ICU $2,500 then $500 per day thereafter

Follow-Up Follow-Up Treatment $ 50 Appliances $100 Example of Total Benefit: $2,875

Accident CareAccident Care

Cancer Program

Cash benefit for: Wellness check ups, hospital confinement, full time nursing service, radiation chemo, protective care drugs, surgical procedures, travel & lots more

Covers out-of-pocket expenses related to a cancer illness

Spouse & Children Coverage Available

Portable at Same Cost

• Benefits paid at 100% of face amount Lump Sum Cash Benefit for:

– Heart attack (myocardial infarction)– Stroke– End stage (renal) failure– Cancer (Rider Available)– Major organ failure– Permanent paralysis (due to covered accident)– Coma– Blindness– Occupational HIV/hepatitis B, C or D

• Benefits paid at 25% of face amount – Coronary artery bypass graft surgery – Carcinoma in situ

Critical Illness

Critical Illness Covers out-of-pocket

expenses related to a critical illness

Benefits of $5,000-$75,000

Benefit is Tax Free

Family Coverage Available

Portable

Benefits Paid If You Are Admitted Into The Hospital: $500 or $1,000 - You Choose The Benefit Amount

All Benefits Paid Directly to You

Coverage Is Guaranteed Renewable For Life & Portable At The Same Cost

12 Month Pre-Existing

Condition Applies

Family Coverage Available

Medical Bridge – 3000 - HSA

Wellness Benefit - $50 Annual Wellness Benefit / Two Per Family

Benefits Paid If You Are Admitted Into The Hospital: $500 or $1,000 - You Choose The Benefit Amount

Outpatient Surgery – Pays from $500 - $1,000 / Yearly max. is $1,500

All Benefits Paid Directly to You

Coverage Is Guaranteed Renewable For Life & Portable At The Same Cost

12 Month Pre-Existing

Condition Applies

Family Coverage Available

Medical Bridge - 3000

Wellness Benefit - $50 Annual Wellness Benefit / Two Per Family

Children’s Education

Final Expenses

Why Life InsuranceWhy Life Insurance ? ?

Debts Such as Loans, Mortgages, Bills, Etc.

Help Family Maintain a Normal Lifestyle

Life Insurance

Term Life Pure Insurance Choice of: --- 10 Year Term --- 20 Year Term --- 30 Year Term Spouse & Child Coverage Available

Universal Life Builds Cash Value Lifetime Level Premiums Separate Spouse & Child

Policies Available Long Term Care Rider

Available

Both Policies Include:Accelerated Death Benefit

Portable At Same CostRenewable to Age 95

Governed by the I.R.S.Governed by the I.R.S. Tax Savings on Insurance Tax Savings on Insurance Premiums Premiums Such as: Major Medical, Dental, Such as: Major Medical, Dental, Accident Accident No Employee cost for No Employee cost for participationparticipation Certain regulations apply Certain regulations apply --Changes can only be made at Re-Enrollment time each year unless there is a family status change such as:

Legal marital status, Number of dependents, Dependent

eligibility and Employment status.

Note: To comply with IRS requirements, a change in election must be consistent with a status change.

Section 125 Plan

Without With Sec 125 Sec 125 Gross Pay Per Pay Period 400.00 400.00 Insurance (pretax) 0.00 50.00

Taxable Amount 400.00 350.00

Federal Tax 45.58 38.08 FICA

30.60 26.78 Insurance

50.00 0.00

Net Pay $ 273.82 $ 285.14Savings from Tax Reduction 11.32Total Annual Savings 588.64

Pre Tax Illustration

How to make the most of YOUR individual enrollment meeting

Paperwork (Election Forms)

Questions & Answers

Company Personal SpouseCompany Personal SpouseInventory Existing Coverage

Individual Meetings

Benefit StatementThis will show each

employee the “Hidden Paycheck,” their annual benefit costs and yours.

* No Additional Cost

Meetings:Thursday, Dec. 2nd @ 8:00

Every One Must Sit Down With An Enrollment Counselor Due To Section 125 IRS Regulations

* Update your address and deduction information

* Receive your Benefit Statement