2024

Welcome to Your Race Winning Brands Benefits

Welcome to the RWB Benefits Showcase! 

We know how significant benefits are for you and your family, so we’ve created this website to serve as a guide to easily navigate and understand the extensive benefits we offer. This site is updated and available year-round, so we encourage you to bookmark, favorite, and send to your eligible dependents!

How to Navigate this Benefits Showcase

Cruise Around the Site! 
Use the navigation bar at the top of the page to review each benefits category. Each section provides valuable information, exciting videos, and links to forms and other resources.

Take a Detour to Save Time!
Click on the links below to take you directly to the section that holds all the information you need for that benefit category!

Come Back Often!
This site is available to you on demand all year. Bookmark this or add it to your favorites, so you and your family members can visit whenever you need additional information!

• Overview

• Eligibility

• Enrollment

• Making Changes

• Termination/
  Retirement

• Medical Insurance

• Prescription Drug Coverage

• Dental Insurance

• Vision Insurance 

• Critical Illness Insurance

• 24/7 Virtual Visits

• AbleTo: Virtual Behavior Coaching

• Employee Assistance Program

• Wellness Programs

• Cancer Support Programs

• Thank You Days

• Health Savings Account (HSA)

• Employer HSA Contributions

• Flexible Spending Account (FSA)

• Dependent Care FSA (DCFSA)

• Employer Paid Life Insurance

• Employer Paid STD

• 401k Plan with Company Match 

• Pet Insurance

• Perks Marketplace

• Medicare Assistance

• Will Preparation Services

• Access to 401k Advisor

• Tuition Reimbursement

• Ten Paid Holidays

• Employee, Spouse and Child Life Insurance

Have benefit questions?

2024 RACE WINNING BRANDS BENEFITS

BENEFITS OVERVIEW

Benefit Overview

RWB offers our employees a full spectrum of benefits, as illustrated below. Keep scrolling for more information on eligibility and enrollment!

2024 Race Winning Brands Benefit Offerings

• Medical Insurance

• Prescription Drug Coverage

• Dental Insurance

• Vision Insurance 

• Critical Illness Insurance

• 24/7 Virtual Visits

• AbleTo: Virtual Behavior Coaching

• Employee Assistance Program

• Wellness Programs

• Cancer Support Programs

• Thank You Days

• Health Savings Account (HSA)

• Employer HSA Contributions

• Flexible Spending Account (FSA)

• Dependent Care FSA (DCFSA)

• Employer Paid Life Insurance

• Employer Paid STD

• 401k Plan with Company Match 

• Pet Insurance

• Perks Marketplace

• Medicare Assistance

• Will Preparation Services

• Access to 401k Advisor

• Tuition Reimbursement

• Ten Paid Holidays

• Employee, Spouse and Child Life Insurance

Eligibility

Who Is Eligible?

You are eligible for RWB benefits if you are:

Your dependents are eligible if they are:

Dependent Enrollment Reminder

Enrollment

When Can I Enroll in Benefits?

You can enroll for benefits:

When Does Coverage Begin?

How Do I Enroll in Benefits?

Open Enrollment

Annual Enrollment is your opportunity to make changes to your benefits. If you need to switch health insurance plans, add supplemental coverage, or opt out of any voluntary plans, now is the time.

Please review your current elections and contribution amounts to ensure you have the coverage you need for next year. If you wish to change your benefits for 2024, you must enroll through Paylocity between November 6th–17th, 2023.

Your choices will become effective on January 1, 2024, and will stay in effect for the entire plan year. You can only make additional changes if you experience a qualifying life event, such as marriage, birth of a child, or retirement.

If you do not actively make any benefit changes during the 2024 Annual Enrollment period, your current elections and covered dependents will carry over to the next year under the 2024 rates.

You must actively enroll if you want to:

• Make changes to your benefit plans

• Add or remove dependents from coverage

• Adjust your HSA contributions

• Participate in the FSAs

• Enroll in or opt out of voluntary benefits

Making Benefit Changes During the Plan Year 

After electing your 2024 coverage plans, you cannot change your benefit selections until the next Annual Enrollment period unless a qualifying event occurs.

If you experience a qualifying life event during the year, you can change your benefits elections in Paylocity within 31 days. These events include:

• A change in your legal marital status (marriage, divorce, or legal separation).

• A change in your spouse’s or domestic partner’s employment status (resulting in a loss or gain of coverage).

• A change in the number of your dependents (through birth, adoption, or if a child is no longer an eligible dependent).*

• A change in your benefit eligibility status.

To prove your dependent's eligibility, you must provide documentation of the qualifying life event, such as a marriage certificate, birth certificate, or most recent federal tax return. You must enroll your dependent(s) with this information.

Termination of Coverage

If you or a covered dependent no longer meet the eligibility requirements or your employment ceases, your medical, dental, and vision coverage will end on the last day of the month you become ineligible.

You may be eligible to elect COBRA for yourself and your eligible dependents for medical, dental, vision and FSA coverage.

All other coverages will end on the day you become ineligible. Your life coverages are convertible. You're responsible for informing the Benefits Team within 30 days if any of your dependents become ineligible for benefits.

Have benefit questions?

2024 RACE WINNING BRANDS BENEFITS

PHYSICAL HEALTH

Medical Insurance

At Race Winning Brands, we understand the importance of good health in leading a happy and fulfilling life at work and home. Whether you’re a single person or a family, we offer medical plans to meet your needs based on your lifestyle and budget.

Employees at Race Winning Brands have the option of choosing one of two medical plans through UnitedHealthcare (UHC): 

• CDHP 3200 plan

• PPO 1000 plan

Each plan option has a different deductible, maximum out-of-pocket expense, copay, and contribution. Both plans cover prescription drugs – however, some preventive medications are covered at 100% under the CDHP medical plan.

This is a high-level summary of the in-network benefits for RWB plan. There's a summary comparison of the two plans, including details on out-of-network coverage, in our 2024 Benefits Guide as well as detailed benefit summaries for both plans in the links below. Also, don’t forget to try the new decision-support tool and model the plans side by side to determine the best fit for your family!

Decision-Support Tool

RWB offers two comprehensive medical plans. Now that you have the details—how do you decide which one is right for you and your family? Flimp Decisions, our medical benefits decision-support tool, can help!

It's a web-based, video-guided tool developed by physicians and industry experts, providing users like you with a personalized analysis of the Green Thumb health plans.

It's totally confidential, anonymous, mobile responsive, and simple to use. It takes less than five minutes to see your results. You can try it multiple times, using different scenarios, to determine the right options for you. Click on the link and start your modeling now!

Prescription Drug Coverage

Your prescription drug coverage is vital to your health. With pharmacy benefits from UHC, powered by Optum, we make it simple for you to track and manage your medications — all in one convenient place. You can refill and renew your prescriptions, find a pharmacy, and even look up the price of a drug before you get it. To get started, log into myuhc.com or use the UHC mobile app.

Under the CDHP plan, certain preventive drugs are covered at 100% before your deductible. Preventive Rx covers drugs that may keep you healthy because they may prevent illness and other health conditions.

Our Prescription plans are divided into 4 tiers:

• Tier 2: Generic and Brand Names

• Tier 3: High End Brand Name

• Tier 4: Specialty Drugs

Dental Insurance

Race Winning Brands offers two dental plans through UnitedHealthcare (UHC).

To search for in-network providers, log onto myuhc.com and click “Find Care” to locate providers in your area. Preventive care is covered at 100% on both plans. Our video provides more information on how dental benefits work

Vision Insurance

You can participate in a voluntary vision plan through NVA. This plan allows you and covered family members to receive eye exams, lenses, frames, and contact lenses for the cost of a copay, in many instances when you visit a physician in the NVA network.

The NVA network consists of optometrists and ophthalmologists who are in private practice, as well as retail settings. You are responsible for filing claims for non-network services. Visit e-nva.com to view the NVA provider network.

Critical Insurance

As an active employee of RWB, you can give your family the extra security they need to lessen the financial impact of a severe illness by purchasing Critical Illness insurance through Prudential.

A critical illness insurance policy provides a lump-sum cash benefit upon critical illness diagnosis. Covered diagnoses include, but are not limited to the following:

The benefit can be used to pay out-of-pocket expenses or supplement your daily living cost.

You have the option to select:

You: You can select a benefit amount of $10,000, $20,000, or
$30,000.

Your Spouse and Children: Can choose a benefit amount of
$5,000, $10,000, or $15,000.

Additionally, there is a Wellness Benefit that provides a payment of $50 per calendar year for each insured individual who undergoes a health screening test. This includes tests such as blood tests, chest X-rays, stress tests, mammograms, and colonoscopies.

24/7 Virtual Visits

With 24/7 Virtual Visits, you can connect to a doctor by phone or video through myuhc.com® or the UnitedHealthcare® app.

Doctors can treat a wide range of health conditions — including many of the same conditions as an emergency room (ER) or urgent care —and may even prescribe medications, if needed. With a UnitedHealthcare plan, your cost for a 24/7 Virtual Visit is usually $49 or less.

Consider 24/7 Virtual Visits for these common conditions:

Have benefit questions?

2024 RACE WINNING BRANDS BENEFITS

MENTAL HEALTH

AbleTo

If you’re feeling stressed, overwhelmed, or exhausted, you’re not alone. AbleTo virtual behavioral coaching is here to help gain control of worries and face tough challenges head-on.

AbleTo is ready to help you move forward with a tailored-to-you 8-week coaching program, including:

• Digital activities for practice and progress between sessions 

• Confidential, convenient weekly meetings with a coach via phone or video chat

• 24/7 unlimited access to resources and tools — like breathing exercises and meditations — on your smartphone, tablet or computer

Employee Assistance Program

Personal problems, planning for life events or simply managing daily life can affect your work, health, and family. GuidanceResources is available to you and your dependents, at no cost, to provide confidential support, resources, and information to get through life’s challenges.

This flyer explains how Guidance Resources can help you.

Contact Information

Website: guidanceresources.com  |  Phone: 800.311.4327

Wellness Programs

UHC Wellness Benefits

UHC Real Appeal - Lose Weight, Feel Great 

Connect with a community of support with Real Appeal®, an online weight loss program designed to inspire healthier behaviors. It includes group coaching sessions, 24/7 online resources, a mobile app to set and track goal progress, and a Success Kit with scales, exercise tools, food guides, and more delivered to your door. Get started at myuhc.com.

UHC Quit For Life Program

Quit Tobacco for Good! With a coach on your side, it may be It is easier to leave tobacco behind. The Quit For Life® program includes online support, a customized action plan, and more to help you go tobacco-free. Enroll today at myuhc.com.

UHC Rewards

Race Winning Brands Preventive Health Screening Incentive

Contact Information

Website: myuhc.com  |  Phone: 877.816.3596

UHC Cancer Support

This program connects you and your family to educational resources and emotional support. Access highly rated physicians and providers, a personal advocates, information to make informed healthcare decisions, social worker support, and more.

Call the toll-free Member Support number on the back of your health plan ID card or visit myuhc.phs.com/cancerprograms to learn more.

Thank You Days

At RWB, we express our gratitude to our employees by celebrating Thank You Days as a gesture of appreciation for their unwavering commitment and hard work.

Here are the Thank You Days scheduled for 2024:

• July 5, 2024

• November 29, 2024

• December 23, 2024

• December 26, 2024

• December 27, 2024

Have benefit questions?

2024 RACE WINNING BRANDS BENEFITS

FINANCIAL WELLNESS

Health Savings Account (HSA)

If you’re enrolled in a consumer-driven high-deductible health plan (CDHP 3000), you can contribute on a pre-tax basis to a Health Savings Account (HSA). Your HSA can be used for your expenses and those of your spouse and dependents, even if the CDHP plan does not cover them. Eligible expenses include doctor’s office visits, eye exams, prescriptions, and LASIK surgery.

You are eligible to open and fund an HSA if: 

• You are not covered by your spouse’s Healthcare Flexible Spending Account (FSA) or Health Reimbursement Account (HRA).

• You are not eligible to be claimed as a dependent on someone else’s tax return.

• You are not enrolled in Medicare or TRICARE for Life.

• You are not receiving Social Security benefits.

• You are not receiving Veterans Administration benefits.

Advantages of an HSA: 

• Triple tax advantages: Contribute pre-tax dollars, Grow your account tax-free, Use your HSA to pay for eligible healthcare expenses tax-free.

• Use it today or save it for tomorrow. Lose the worry of having to spend it all before the end of the year. With the HSA, the balance rolls over year after year, so you can let it grow over time.

• You own the money in the HSA. You keep the money if you choose to leave the company or switch healthcare plans.

The 2024 IRS annual maximum (combined employee and employer contributions) for these accounts are:

• $4,150 for employees only

• $8,300 for employee + dependents

• If you are over age 55, and not enrolled in Medicare, you may make an additional annual catch up contribution of up to $1,000 to your HSA

Contact Information

Website: Optum Bank  |  Phone: 800.791.9361

Flexible Spending Account

A Flexible Spending Account (FSA) is a valuable employee benefit that allows you to have pre-tax dollars withheld from your paycheck to pay for eligible expenses over a year. The funds can be used for qualified medical and dental, dependent care, or transportation expenses. Below are some tips and rules for managing your FSA account.

FSA Tips

• Employer Benefits Corporation (EBC) offers qualified expense debit cards that can be used to reimburse medical expenses and dependent care needs without filing a claim.

• If you do not utilize the EBC qualified expense debit card, you are responsible for filing claims for reimbursement.

• Keeping receipts on file can be helpful if you need to substantiate debit purchases.

• You may access current account information any time at ebcflex.com

FSA Rules

• You may not stop or change your FSA contribution amounts until the next Annual Enrollment unless you have a qualifying status change.

• You can only have an HSA and an FSA at the same time if it is a Limited Purpose FSA.

• Limited Purpose and Dependent Care FSAs function separately; funds may not be transferred from one account to another.

• The pre-tax funds you contribute to each account for the plan year can be used only for eligible expenses you incur during that same plan year.

• For more information about each FSA, visit irs.gov.

Contact Information

Phone: 608.831.8445  |  Website: ebcflex.com

Dependent Care FSA

Employees who enroll in a dependent care FSA contribute a portion of their compensation to cover the cost of dependent care services necessary for them to work. Their employer deducts these contributions via pretax payroll deductions.

Generally, as employees incur qualified dependent care expenses, they pay them out of pocket and then apply for reimbursement from the FSA. Participants may sometimes receive a spending account card, which works like a bank debit card and provides immediate reimbursement.

Under federal law, an employee is limited to contributing the smallest of the following amounts:

• $5,000 if the employee is married and filing a joint return or is a single parent

• $2,500 if the employee is married but filing separately.

Once you choose how much you will contribute for the year, you cannot change unless they experience a qualifying event, such as a change in marital status, employment status or the number of dependents.

Dependent Care FSA

Contact Information

Phone: 608.831.8445  |  Website: ebcflex.com

401(k) Plan

All employees are automatically enrolled in the Race Winning Brands 401k plan on the first of the month following 30 days of employment 3% of your gross earnings will be deferred to your account.

RWB will make a company contribution matching up to 6% of income that the eligible employee defers.

RWB has partnered with Riverside Retirement Advisors to help you build a more meaningful retirement plan and prepare for your financial future.

Contact Information

Phone: 800.986.3343  |  Website: principal.com

Financial Advisor Services

Race Winning Brands Inc. has recently revamped the 401(k) plan with a dedicated Educational Resource expert provided by Riverside Retirement Advisors. This service is offered to you as an employee at Race Winning Brands to help you meet your financial goals. Below you will find additional resources being added along with contact information to Adam Seifert, the Education Specialist, with any questions you may have.

What is available:

• One-on-one virtual meetings
  • Review plan overview
  • Investment review
  • Savings guidance
  • Online access help

• Webinars
  
  • Choosing a investment strategy
  • Financial readiness
  • How long will my money last?

Basic Term Life and Accidental Death & Dismemberment (AD&D)

As a RWB employee, you automatically receive Basic Life and Accidental Death & Dismemberment (AD&D) coverages.

Basic Life benefits amount equals to one times your earnings, up to a maximum benefit of $50,000. This benefit will be rounded to the next highest $1,000, and paid to your beneficiaries in the event of your death.

Basic Accidental Death & Dismemberment pays an additional amount equal to your Basic Term Life coverage for the loss of life or other injuries resulting from a covered accident.

You can review your listed beneficiaries and make changes on Paylocity.

Voluntary Life Insurance Plans

You can purchase additional Life coverage beyond what RWB provides through Prudential. New hires can enroll in voluntary life insurance up to $100,000 without providing evidence of insurability (EOI). Employees will have to complete an Evidence of Insurability if they wish to go over the Guaranteed Issue Life Insurance, regardless of whether they are enrolling as a New Hire, during Open Enrollment, or during a life event.

If you or your spouse decline voluntary life insurance during open enrollment and elect coverage outside of the enrollment period or wish to increase your existing benefit amount at a later time, evidence of insurability will be required.

For Yourself - Choose from one to five times your annual earnings, rounded to the next highest $1,000. The maximum voluntary life insurance benefit is $500,000. The guarantee issue amount is $100,000.

For Your Spouse - Supplemental insurance coverage is also available for your spouse. Coverage is available in increments of $10,000 and cannot exceed 50% of the amount of voluntary coverage you purchase for yourself, not to exceed $100,000. The guarantee issue amount is $50,000.

For Your Children - Additional coverage is available for children in the amounts of $5,000 or $10,000 (cannot exceed 50% of the amount of voluntary coverage you purchase for yourself).

FMLA

The Family and Medical Leave Act (FMLA) is a U.S. federal law that offers eligible employees up to 12 weeks of unpaid, job-protected leave per year for specific family and medical reasons. Eligible employees must work for covered employers, have worked for at least 12 months, and meet a minimum hourly requirement. FMLA covers situations like childbirth, caring for family members with serious health conditions, and one's own serious health issues. During FMLA leave, employers must maintain health insurance benefits, and employees may return to their job or an equivalent position. FMLA does not
mandate paid leave, but some employees may use accrued paid leave in
conjunction with it. State laws may also provide additional leave rights for California and New Jersey employees. 

Personal Leave of Absence

Race Winning Brands offers a personal leave of absence policy with certain eligibility criteria. Employees can request this leave after 90 days of continuous service, subject to the company's discretion. The leave is unpaid, and employees must maintain their insurance premiums. To be eligible, employees should have a good work history and at least 90 days of service. Personal reasons for leave include caring for family, personal health, mental health, and military service.

To apply for this leave, employees should contact their HR business partner and obtain written approval from senior management. They must use any existing paid time off (PTO) before taking personal leave. The duration of the leave should be a minimum of one week and can't exceed twelve weeks.

Upon returning from leave, employees must provide documentation of approval from HR. The company will make reasonable efforts to reinstate them in their previous or a similar role, depending on staffing and business needs. However, this is not guaranteed, and failure to return after the leave period may be considered a voluntary resignation.

If an employee needs future leaves of absence, they must seek written approval from the Chief Human Resources Officer (CHRO). Taking another job while on personal leave or any authorized leave could result in disciplinary action, including termination.

Short-Term Disability (STD)

Full-time salaried employees can receive partial compensation for lost earnings during a short-term illness or injury. If you become disabled, there is an elimination period before benefits are payable. Your benefits begin on the eighth day of your disabling injury or illness. Your benefit equals 60% of your before-tax weekly earnings up to $1,500 weekly for 25 weeks.

Full-time hourly employees who work at least 30 hours a week are eligible for short-term disability. If you become disabled, there is an elimination period before benefits are payable. Your benefits begin on the eighth day of your disabling injury or illness. Your benefit equals 60% of your before-tax weekly earnings up to $600 per week for 25 weeks. If 60% of your pre-disability earnings exceeds $600, you may purchase additional short-term disability coverage.

To Qualify for Short-Term Disability

• You must provide medical certification and apply for leave under the Family Medical Leave Act.

• You must not be employed by, or receiving disability benefits from, an employer other than Race Winning Brands.

Important Note

• Employees who live in California and New Jersey will have disability benefits integrated with the applicable State Disability Program

Contact Information

Website: Prudential  |  Phone: 800.842.1718

Long-Term Disability

Employees have the option of purchasing long-term disability insurance. This plan provides an additional income source if you become disabled for 180 days or more due to an illness or injury.

You must be injured or ill and unable to return to work for 180 days before this benefit begins paying 60% of your, earnings to a maximum of $10,000 per month. Depending on the age of disability, this benefit could pay until you reach your Social Security retirement age.

Contact Information

Website: Prudential  |  Phone: 800.842.1718

Have benefit questions?

2024 RACE WINNING BRANDS BENEFITS

MONTHLY WELLNESS INITIATIVES

Have benefit questions?

2024 RACE WINNING BRANDS BENEFITS

ADDITIONAL BENEFITS

Pet Insurance

Here at Race Winning Brands, we understand pets are a part of the family like no other. Employees get a 10% discount on MetLife Pet Insurance, which reimburses pet parents for covered, unexpected veterinary expenses.

As part of your employer benefits, you can take advantage of benefits like:  

• Freedom to visit any U.S. licensed vet

• Optional Preventive Care coverage

• 24/7 access to Telehealth

• Concierge Services

RWB Marketplace

The Race Winning Brands Perks Marketplace, offered through Benefit Hub, gives you the opportunity to save big on everyday items.

You can enjoy discounts on services, rewards, and perks on thousands of brands you love in multiple categories, such as travel, entertainment, restaurants, auto rental, tickets, beauty and spa, apparel, and health and wellness. 

Medicare Transition Services

Have questions about Medicare? Ask away! Get the answers and personal guidance you need for yourself, a family member, or a friend — FREE.

ARAG Resources

Making a plan for you and your family includes preparing for the unexpected. Along with designing beneficiaries for your retirement accounts, it’s a good idea to have legal documents in place to ensure your wishes for the future are carried out.

Take some time to make a plan for your assets, for the care of minor children, and plan who will make financial and medical decisions for you in the event you are unable to. Get started preparing your plan today with the Will & Legal Document Center

Educational Reimbursement Program

RWB encourages continuing your education by offering tuition reimbursement to eligible full-time employees.

To receive reimbursement, complete a Tuition Reimbursement form before the course begins and provide it along with a copy of the course(s) registration to HR.

Paid Holidays

Race Winning Brands offers paid holiday time off to all regular full-time employees. Employees who work 5 workdays- 8-hour shifts are eligible for all holiday pay. Employees who work 10, 12 and/or weekend shifts are eligible for holiday pay if the holiday falls on a worked day.

Maternity Leave

Race Winning Brands complies with all federal and state family medical leave laws. However, when these laws do not apply, are less rich than our policy, or an employee does not meet the eligibility requirements, the company will consider an employee’s request for pregnancy and parental leave under our policy.

Pregnant employees have the right to take pregnancy leave of up to 12 weeks (about three months) in a rolling 12-month period. The 12-week pregnancy leave period is job-protected time away from work. The first week is a waiting period; employees must use PTO balances over 40 hours. The following 11 weeks will be paid at 60% of the employee’s wages. Not to exceed $600

(hourly) or $1500 (salary) per week unless the employee has purchased STD (Short Term Disability) opt-up insurance. Depending on your situation, the first 6-8 weeks will be paid directly from Prudential, while the remaining weeks in the 12 weeks will be paid by RWB (Race Winning Brands).

Parental Leave

New parents can take up to 4 weeks of job-protected time off work. The first week will be a waiting period that the employee must use PTO balances over 40 hours. The following three weeks will be paid up to 60% of the employee’s wages. Not to exceed $600 (hourly) or $1500 (salary) per week.

Eligibility for Parental Leave

All employees employed by Race Winning Brands for at least 12 months or have worked 1,250 hours over 12 months are entitled to parental leave. Employees must file their claim with Prudential to receive payment.

For parental leave, the term “parent” refers to the father or mother of a newborn and includes a person with whom a child is placed for adoption. This definition includes same-sex couples. Employees under 12 months of service are eligible for four weeks of unpaid leave.

Have benefit questions?

2024 RACE WINNING BRANDS BENEFITS

FAQ & HELPFUL RESOURCES

Helpful FAQs

How do I file FMLA/STD Claim?
FMLA Instructions

How do I access my Medical and Dental cards
UHC mobile app flyer

Where can I add or remove a dependent?
You have three opportunities to enroll yourself and your eligible family members:

• During the initial 30 days following your hire date.

• During the annual open enrollment period.

• In the event of a qualified life status change, such as marriage, the death of a spouse, divorce, legal separation, birth, adoption, placement for adoption, or the death of a dependent

How can I update my beneficiaries?
To modify the beneficiaries of your life insurance plans, access the beneficiaries tab on Paylocity. If you wish to update your 401k beneficiaries, log in to Principal, go to the overview section, and then choose the beneficiaries option.

How do I change my 401k contribution?
To change your contribution; please get in touch with Principal at
800-986-3343 or login online at principal.com

Please reach out to Optum Bank for a new HSA card at 855-893-2300.
If you need an FSA card please reach out to Employee Benefits Corporation at
608-831-8445.

The plan year spans from January 1, 2024, to December 31, 2024.

Insurance 101

Whats a deductible/insurance?

In health insurance, a deductible is the initial out-of-pocket amount you pay for covered healthcare services before your insurance begins to cover the costs. For example, with a $1,000 deductible and a $1,500 medical service, you pay the first $1,000, and your insurance covers the remaining $500. Deductibles can vary and typically reset annually.

Coinsurance is the percentage of healthcare costs you share with your insurance after paying the deductible. For instance, with 20% coinsurance, for a $1,000 service after the deductible, you pay 20% ($200), and your insurance covers 80% ($800). These terms determine your out-of-pocket expenses and insurance coverage for medical care.

What is out-of-pocket maximum?

An out-of-pocket maximum is the highest amount you're obligated to pay for covered healthcare expenses in a given time, usually a year. Once you reach this limit, your insurance covers all additional covered healthcare costs for that period. This safeguard shields individuals and families from excessive medical expenses, encompassing deductibles, copayments, and coinsurance, but not typically premiums. Keep in mind that these limits differ among insurance plans, so it's vital to know your plan's details to manage your healthcare expenses wisely

Have benefit questions?