|
Plan Design |
PPO Plan |
Blue Edge $2,500 HDHP Plan* |
Blue Edge $5,000 HDHP Plan* |
|||
|
|
In-Network |
Out-of-Network |
In-Network |
Out-of-Network |
In-Network |
Out-of-Network |
|
Deductible Single Family |
$1,500 $4,500 |
$3,000 $9,000 |
$2,500 $5,000 |
$5,000 $10,000 |
$5,000 $10,000 |
$10,000 $20,000 |
|
Coinsurance |
80% |
60% |
80% |
70% |
80% |
50% |
|
Out-of-Pocket Max Single Family |
$6,500 $15,000 |
$13,000 $31,000 |
$7,500 $15,000 |
$14,000 $30,000 |
$8,500 $17,000 |
$20,000 $40,000 |
|
Preventive Care |
100% |
60% after deductible |
100% |
70% after deductible |
100% |
50% after deductible |
|
Doctors Office Visit |
$30 copay then 100%—PCP $50 copay then 100%—SPC |
60% after deductible |
80% after deductible |
70% after deductible |
80% after deductible |
50% after deductible |
|
Medical/Surgical Services |
80% after deductible |
60% after deductible |
80% after deductible |
70% after deductible |
80% after deductible |
50% after deductible |
|
Emergency Room (copay waived if admitted to hospital) |
$300 copay then 100% |
$300 copay then 100% |
80% after deductible |
80% after deductible |
80% after deductible |
80% after deductible |
|
Inpatient Services |
80% after deductible |
$300 per admission then 60% after deductible |
80% after deductible |
$300 per admission then 70% after deductible |
80% after deductible |
$300 per admission then 50% after deductible |
|
Outpatient Services |
80% after deductible |
60% after deductible |
80% after deductible |
70% after deductible |
80% after deductible |
50% after deductible |
|
Prescription Drugs (Retail) Generic Formulary Non-Formulary Specialty |
$10 copay $40 copay $60 copay 20% to $250 |
$10 copay $40 copay $60 copay 20% to $250 |
80% after deductible |
80% after deductible |
80% after deductible |
80% after deductible |
|
Prescription Drugs (Mail Order) Generic Formulary Non-Formulary Specialty |
$20 copay $80 copay $120 copay N/A |
Not Covered |
80% after deductible |
Not Covered |
80% after deductible |
Not Covered |
|
* Shorr Packaging Corp. provides HDHP matching contributions up to $500 for employee only coverage tiers and $1,000 for employee plus one and family coverage tiers per year. In the chart above, PCP refers to primary care provider and SPC refers to a specialist. Note: This is a summary of benefits, please see Shorr Packaging Corp. Human Resources for a detailed plan description. Member pays coinsurance after deductible is met. |
||||||
Medical
Under the PPO plan, you pay a lower deductible compared to the Blue Edge HDHP (HDHP). You will pay a higher monthly premium compared to the Blue Edge HDHP plans. You do not need a referral to see a specialist in-network and have the option to use providers outside of the network for an additional cost.
You are also eligible to enroll in the Flexible Spending Account to pay for qualified expenses with pre-tax dollars. More details are found here.
You may search for in-network providers by visiting www.bcbsil.com/find-care/providers-in-your-network/find-a-doctor-or-hospital and select Participating Provider Organization under the plan options.
|
Plan Design |
PPO Plan |
|
|
|
In-Network |
Out-of-Network |
|
Deductible: Single/Family |
$1,500/$4,500 |
$3,000/$9,000 |
|
Coinsurance |
80% |
60% |
|
Out-of-Pocket Max: Single/Family |
$6,500/$15,000 |
$13,000/$31,000 |
|
Preventive Care |
100% |
60% after deductible |
|
Doctors Office Visit |
$30 copay then 100%—PCP $50 copay then 100%—SPC |
60% after deductible |
|
Medical/Surgical Services |
80% after deductible |
60% after deductible |
|
Emergency Room |
$300 copay then 100% |
$300 copay then 100% |
|
Inpatient Services |
80% after deductible |
$300 per admission then 60% after deductible |
|
Outpatient Services |
80% after deductible |
60% after deductible |
|
Prescription Drugs (Retail) Generic/Formulary/Non-Formulary/Specialty |
$10 copay/$40 copay/$60 copay/20% to $250 |
$10 copay/$40 copay/$60 copay/20% to $250 |
|
Prescription Drugs (Mail Order) Generic/Formulary/ |
$20 copay/$80 copay/$120 copay/N/A |
Not Covered |
This is a high-deductible health plan (HDHP) which means that you will pay more out of pocket until you hit the level where the plan begins to pay. You pay a lower monthly premium compared to the PPO plan currently offered. You do not need a referral to see a specialist in-network and have the option to use providers outside of the network for an additional cost.
If you are enrolled in an HDHP, you have access to a Health Savings Account (HSA). An HSA allows you to set aside funds on a pre-tax basis to pay for eligible medical expenses. Shorr will also make an annual contribution to your HSA. Additional information on HSAs can be found here.
You can also sign up for a limited purpose FSA to use pre-tax dollars vision and dental expenses. More details on the limited purpose FSA More details are found here.
You may search for in-network providers by visiting www.bcbsil.com/find-care/providers-in-your-network/find-a-doctor-or-hospital and select Participating Provider Organization under the plan options.
|
Plan Design |
Blue Edge $2,500 HDHP Plan* |
|
|
|
In-Network |
Out-of-Network |
|
Deductible: Single/Family |
$2,500/$5,000 |
$5,000/$10,000 |
|
Coinsurance |
80% |
70% |
|
Out-of-Pocket Max: Single/Family |
$7,500/$15,000 |
$14,000/$30,000 |
|
Preventive Care |
100% |
70% after deductible |
|
Doctors Office Visit |
80% after deductible |
70% after deductible |
|
Medical/Surgical Services |
80% after deductible |
70% after deductible |
|
Emergency Room |
80% after deductible |
80% after deductible |
|
Inpatient Services |
80% after deductible |
$300 per admission then 70% after deductible |
|
Outpatient Services |
80% after deductible |
70% after deductible |
|
Prescription Drugs (Retail) Generic/Formulary/Non-Formulary/Specialty |
80% after deductible |
80% after deductible |
|
Prescription Drugs (Mail Order) Generic/Formulary/Non-Formulary/Specialty |
80% after deductible |
Not Covered |
* Shorr Packaging Corp. provides HDHP contributions up to $500 for employee-only coverage tier and up to $1,000 for employee plus one and family coverage tiers per year, paid bi-weekly.
This is a high-deductible health plan (HDHP) which means that you will pay more out of pocket until you hit the level where the plan begins to pay. You pay a lower monthly premium compared to the PPO plan currently offered. You do not need a referral to see a specialist in-network and have the option to use providers outside of the network for an additional cost.
If you are enrolled in an HDHP, you have access to a Health Savings Account (HSA). An HSA allows you to set aside funds on a pre-tax basis to pay for eligible medical expenses. Shorr will also make an annual contribution to your HSA. Additional information on HSAs can be found here.
You can also sign up for a limited purpose FSA to use pre-tax dollars vision and dental expenses. More details on the limited purpose FSA More details are found here.
You may search for in-network providers by visiting www.bcbsil.com/find-care/providers-in-your-network/find-a-doctor-or-hospital and select Participating Provider Organization under the plan options.
|
Plan Design |
Blue Edge $5,000 HDHP Plan* |
|
|
|
In-Network |
Out-of-Network |
|
Deductible: Single/Family |
$5,000/$10,000 |
$10,000/$20,000 |
|
Coinsurance |
80% |
50% |
|
Out-of-Pocket Max: Single/Family |
$8,500/$17,000 |
$20,000/$40,000 |
|
Preventive Care |
100% |
50% after deductible |
|
Doctors Office Visit |
80% after deductible |
50% after deductible |
|
Medical/Surgical Services |
80% after deductible |
50% after deductible |
|
Emergency Room (copay waived if admitted to hospital) |
80% after deductible |
80% after deductible |
|
Inpatient Services |
80% after deductible |
$300 per admission then 50% after deductible |
|
Outpatient Services |
80% after deductible |
50% after deductible |
|
Prescription Drugs (Retail) Generic/Formulary/Non-Formulary/Specialty |
80% after deductible |
80% after deductible |
|
Prescription Drugs (Mail Order) Generic/Formulary/Non-Formulary/Specialty |
80% after deductible |
Not Covered |
* Shorr Packaging Corp. provides HDHP contributions up to $500 for employee-only coverage tier and up to $1,000 for employee plus one and family coverage tiers per year, paid bi-weekly.
Getting sick is never convenient, and finding time to get to the doctor can be hard. Blue Cross and Blue Shield of Illinois (BCBSIL) provides you and your covered dependents access to care for non-emergency medical issues and behavioral health needs through MDLIVE.
Whether you’re at home or traveling, access to a board-certified doctor is available 24 hours a day, seven days a week. You can speak to a doctor immediately or schedule an appointment based on your availability. Virtual visits can also be a better alternative than going to the emergency room or urgent care center.
MDLIVE doctors or therapists can help treat the following conditions and more: allergies, asthma, nausea, sinus infections, cold, flu, ear problems, pink eye, anxiety/depression, child behavior/learning issues, and marriage problems.
Health Savings Account
Shorr offers you the option to contribute to a Health Savings Account if you are enrolled in a qualifying high-deductible health plan. The HDHP plan is a consumer driven health plan with the opportunity to build your retirement savings through unused funds, administered by Fidelity Investments. You may also use your contributed funds to pay for eligible medical expenses. Shorr provides an annual matching contribution of $500 for employee only coverage, $1,000 annually for employee + 1 coverage, and $1,000 annually for family coverage to your HSA. The annual contribution is reflected on the first paycheck in July and will be paid out in bi-weekly payments.
-
Contributions are made on a pre-tax basis and excluded from federal income tax.
-
Interest earnings and withdrawals are tax-exempt.
-
The money remains tax-free if withdrawn for medical expenses.
-
Funds roll over year to year.
-
Fully portable, meaning you can take the account with you if you leave the company.
-
At age 65, your contributions may be used for unqualified medical expenses with no penalties (will be taxed as ordinary income).
You have the option to pay for qualified medical expenses permitted under the federal tax guidelines or you can let your funds grow and use your account as a savings vehicle. Your HSA dollars can be used on medical expenses for yourself, your spouse, and/or your dependent child, even if they are not covered under your high-deductible health plan. If you are under the age of 65, any funds you use for purposes other than qualified medical expenses are taxable as income and are subject to an additional 10% tax penalty. Once you turn age 65, the 10% penalty no longer applies.
You can use HSA funds to pay for eligible expenses including medical deductible, dental treatments, prescription drug costs, vision expenses, and over-the-counter items like medical supplies or diagnostic testing items.
Flexible Spending Accounts
Shorr Packaging Corp. offers employees the option to participate in the Heathcare Reimbursement and/or the Dependent Care Reimbursement accounts. Federal, State, and Social Security taxes are saved on every dollar contributed to the plan.
Allows employees to use pre-tax dollars to cover deductibles, co-pays, and other non-covered eligible expenses. You are eligible to use your elected funds for expenses you may incur for medical, dental, vision, and pharmacy care. Employees may contribute up to the federal maximum via pre-tax payroll deductions. Eligible expenses including medical deductible, dental treatments, prescription drug costs, vision expenses, and over-the-counter items like medical supplies or diagnostic testing items. The 2026 FSA maximum contribution is $3,400.
If you are participating in the high-deductible health plan, you also have the option to enroll in a Limited Purpose FSA. A Limited Purpose FSA allows you to set aside tax-free funds to pay for ONLY certain eligible dental and vision care expenses. With a Limited Purpose FSA, general medical expenses ARE NOT eligible for reimbursement. The 2026 FSA maximum contribution is $3,400.
Allows employees to use pre-tax dollars to pay for daycare expenses for your eligible dependents. Eligible dependents are children under age 13 or other dependents who are physically or mentally unable to care for themselves. Employees may contribute up to the federal maximum with pre-tax dollars for dependent care expenses via payroll deductions. For 2026 the maximum contribution is $7,500 for participants who are single or married filing jointly and $3,750 for married couples filing separately.
Dental
Shorr Packaging Corp. offers employees access to affordable dental care through Delta Dental of Illinois. Under the Delta Dental plan, you may go to any licensed provider for your dental needs. You will generally save on the cost of covered dental care when you use an in-network provider.
Shorr currently offers a dental PPO. For the Delta PPO plan, you may see any licensed dentist. You will pay the lowest out-of-pocket costs if you use a dentist in the PPO network. If you see a dentist in Premier network, you will pay up to the maximum plan allowance and pay a higher out-of-pocket cost. By including dentists from both networks, you have more care options.
Visit www.deltadental.com and select Delta Dental PPO Plus Premier under the network options to search for an in-network dentist.
|
PPO Plan Design |
Dental PPO Network |
Dental Premier Network |
Out-of-Network |
|
Annual Maximum |
$1,500 per person |
$1,500 per person |
$1,500 per person |
|
Calendar Year Deducible: Single/Family |
$50/$150 |
$50/$150 |
$50/$150 |
|
Preventive/Diagnostic |
100% of reduced fee |
100% of maximum plan allowance |
100% of maximum plan allowance |
|
Basic |
80% of reduced fee |
80% of maximum plan allowance |
80% of maximum plan allowance |
|
Major |
50% of reduced fee |
50% of maximum plan allowance |
50% of maximum plan allowance |
|
Orthodontia |
$1,000 lifetime maximum for child dependents up to age 19 |
||
Vision
Shorr Packaging Corp. offers you the option to elect Vision Insurance through BCBS of IL. BCBS of IL utilizes the EyeMed vision network. This plan covers eye exams, eyeglasses, and contact lenses. You have the option to use any vision provider; however, you will generally save money if you utilize an in-network provider. To find an in-network provider, visit www.eyemedvisioncare.com/bcbsil/en. You must follow the registration link to create an account on the site as a first-time user.
The tables below is an outline of the benefits offered through BCBS’s vision plan and current rates.
|
|
Vision—BCBS of IL |
|
|
|
Member Cost In-Network |
Out-of-Network Reimbursement |
|
Exams |
$10 copay |
Up to $30 |
|
Frames |
$0 copay, $130 allowance, 20% off the remaining balance |
Up to $65 |
|
Standard Plastic Lenses Single Vision Bifocal Trifocal |
$10 copay $10 copay $10 copay |
Up to $25 Up to $40 Up to $55 |
|
Conventional Contact Lenses |
$0 copay, $130 allowance, 15% off the remaining balance |
Up to $104 |
|
Disposable Contact Lenses |
$0 copay, $130 allowance, plus balance over $130 |
Up to $104 |
|
Laser Vision Correction (Lasik) |
15% off retail price or 5% off promotional price |
N/A |
|
Frequency Examination Lenses or Contact Lenses Frames |
Once every 12 months Once every 12 months Once every 24 months |
|
BlueCross BlueShield of Illinois members are eligible for discounts on eye exams and eyewear through Davis Vision and EyeMed. You may save on eye exams, eyeglasses, contact lenses, and accessories. You have access to national and regional retail stores and local eye doctors. You may also get possible savings on laser vision correction.
Life and AD&D
Shorr Packaging Corp. offers a benefit of $15,000 for basic life and AD&D coverage at no cost to you. Basic life insurance provides a financial benefit to your designated beneficiaries in the event of your passing while an active employee. The AD&D benefit provides an additional payment if you die or are dismembered in a covered accident.
You may still elect to purchase supplemental life and AD&D coverage. If you elect coverage for yourself, you may also elect coverage for your spouse and children. Employees currently enrolled in supplemental life who are below the guaranteed issue amount can increase their election amount by $10,000 for themself and $5,000 for their spouse without evidence of insurability.
Life and accidental death and dismemberment (AD&D) insurance will help protect you and your family financially in the case of death or serious injury. Shorr Packaging Corp. offers Life and AD&D Insurance benefits for you and your family, on a voluntary basis. You will need to answer a series of medical questions, known as evidence of insurability, when purchasing voluntary life coverage outside of your initial offer as a new hire. Please refer to the table below for rate information:
|
Voluntary Life—Employee Benefit |
|
|
Benefit Amount Employee Spouse* Dependent* |
$10,000 increments up to a max of $500,000 $5,000 increments up to $175,000 $1,000 increments up to $10,000 |
|
Guaranteed Issue Employee Spouse |
$150,000 $50,000 |
|
Maximum Life Benefits Employee Spouse Dependent |
$500,000 $175,000 $10,000 |
* Spouse and dependent benefit amount may not exceed 50% of employee’s elected benefit.
|
Voluntary AD&D—Employee/Spouse Coverage |
|
|
Benefit Amount |
Coverage is available in $1,000 increments. You must be covered by an amount of voluntary life insurance to be eligible for AD&D coverage. |
Disability
Shorr Packaging Corp. offers a short-term disability (STD) benefit. The benefit is 100% employer paid and offered at no cost to you. Should you become ill or injured, following the applicable elimination period, disability insurance helps preserve a portion of your income for employees who are unable to work due to a non-work-related illness or injury.
Shorr Packaging Corp. offers long-term disability (LTD) coverage, administered through BCBS of IL, to help protect your income should you become disabled and unable to work. This benefit is 100% employer paid, meaning there is no cost to you.
Critical Illness
Shorr Packaging Corp. offers you the option to elect Critical Illness insurance through BCBS of IL. Critical Illness insurance provides you with extra money to help cover expenses incurred due to a critical illness.
A few examples of qualified critical illnesses covered under the plan are invasive cancer, heart attack, stoke, and major organ transplant. The proceeds of your approved claim may be used towards whatever you wish. Coverage of the plan is portable, meaning you may take the plan with you if you leave or retire from your job. You may elect coverage for your spouse and dependent(s) not to exceed 50% of your own election.
Accident Protection
Shorr Packaging Corp. provides you the option to elect Accident Protection insurance through BCBS of IL. Accident insurance is designed to help covered employees meet their out-of-pocket expenses and extra bills that can follow an accidental injury, whether minor or catastrophic. A lump-sum benefit is paid regardless of any other insurance plans you are enrolled.
Accident insurance pays a benefit to you if an accident occurs either on or off the job. Coverage of the plan is portable, meaning you may take the plan with you if you leave or retire from your job. Shorr Packaging Corp. provides you the opportunity to elect coverage for you and your family. Please refer to the table below for benefit amounts and rate information.
Employee Assistance Program
Shorr Packaging Corp. offers you and your family an Employee Assistance Program (EAP) at no cost to you.
Problems are just a part of everyday life. The Employee Assistance Program is a free and confidential resource for you and your family members, through ComPysch. Shorr Packaging Corp. is not provided with any information of individuals using the program.
The EAP provides 24-hour toll-free phone access to EAP professionals 7 days a week. You are also eligible for 3 face-to-face counseling sessions at no cost to you.
Whether you are having difficulty with relationships, experiencing stress, or even feeling isolated and alone, there are many good reasons to talk to someone. The EAP can help you deal with a wide variety of everyday concerns, such as:
-
Alcohol and drug abuse
-
Depression, mental health, and grief
-
Estate planning
-
Parenting, relationships, and life changes
-
Financial issues
-
Stress and anxiety
ESOP- Together We Own It!
Shorr Packaging Corp. is proud to be employee owned and is committed to the investment towards each employee's retirement savings through the Employee Stock Ownership Plan (ESOP). An ESOP is a type of retirement plan that allows employees to effectively gain ownership of the company without paying for the shares and provides employees with an opportunity to share in the long-term success of Shorr. Unlike other types of retirement accounts, employees do not contribute to an ESOP. Instead, Shorr fully funds this benefit on each eligible employee's behalf.
Annual eligibility for this program is based on our fiscal year, which runs from October 1 to September 30. To qualify for contributions, you must work a minimum of 1,000 hours in the plan year AND be employed by the company on September 30 of the plan year.
Contributions to the plan are at the discretion of The Company. The Company shares the annual contribution amount with stakeholders in an annual ESOP meeting following the close of the fiscal year.
401(k)
Shorr Packaging Corp. offers a 401(k) retirement plan through Fidelity Investments. New employees will be automatically enrolled in the 401(k) plan at a 6% contribution rate.
|
IRS Tax Deferred Contribution Limits |
2026 |
|
Tax-Deferred Contributions Maximum (individual limit from all salary reduction retirement plans) |
$24,500 |
|
50 and Over Catch-Up (increases both total and tax-deferred contribution maximum) |
$8,000 |
*If your Shorr 2025 box 3 wages are $145K+, your catch-up contributions must be designated as Roth.
Additional Benefits
Shorr Packaging Corp. is excited to offer you the option to save money on items that you may already be using! Benefit Hub is a one-stop-shop discount program that provides you with exclusive discounts at hundreds of national and local merchants.
Glossary of Insurance Terms
BlueCross BlueShield
The medical insurance provider that administers your medical plan.
Copayment
The amount you pay to the provider each time you receive a service.
Coinsurance
The portion of eligible medical expenses for which you have financial responsibility in excess of the plan’s deductible.
Deductible
The amount of eligible expenses that you must pay each year before the plan begins to pay benefits. This amount resets every calendar year.
Flexible Spending Account
Allows you to contribute funds on a tax-free basis to pay for eligible expenses such as copays, deductibles, dental expenses, and vision expenses.
Health Savings Account
Available to those enrolled in the high-deductible health plan and allows you to set aside money pre-tax for eligible medical, dental, and vision expenses.
Maximum Out-of-Pocket
This term defines the maximum limit you pay for eligible services, out of your own pocket in a given calendar year.
Primary Care Provider (PCP)
Your main healthcare provider who is involved in your short- and long-term care; PCP must provide referrals to specialist under the HMO plan.
Specialist
Healthcare provider with a focus on treating specific conditions or body systems.
In-Network Provider
A healthcare provider (including doctors, hospitals, labs, and urgent care facilities) that is a member of the BlueCross BlueShield network.
Out-of-Network Provider
A healthcare provider that is not a member of the BlueCross BlueShield network.
Summary Plan Description
A detailed document that describes your medical, dental, vision, critical illness, life, accidental death and dismemberment, and disability benefits for covered participants.
