Page 4 - Thompson Coburn 2021 Annual Benefits Enrollment
P. 4
MEDICAL BENEFITS FOR 2021
About High Deductible Plans High Deductible Plan Features
The HDP has a fundamentally different approach to You have a choice between two high deductible
healthcare in which you have greater control over how medical plans (HDP)
your healthcare dollars are spent. Preventive care and For both plans, coinsurance is 20% for in-
many preventive prescriptions are covered at 100% network prescription medications after the
for in-network providers. The plans offer an HSA deductible has been met; coinsurance for
in which you can save money for current and future prescription medication coverage does not apply
covered medical expenses. if the out-of-pocket maximum is met
The plans offer many preventive prescription
After you meet your deductible, the plan pays 80% medications at no cost
of your medical costs and you pay 20% of eligible
expenses for the remainder of the year. If you reach Both plans utilize the UnitedHealthcare (UHC)
the out-of-pocket maximum, the plan pays the rest of Choice Plus Network
your covered charges at 100% for the rest of the year. Both plans offer the ability to use virtual visits
Healthy by Design participants who reached the
You can make pre-tax contributions to an HSA to wellness credit goal by October 15, 2020, will
help pay for covered medical expenses. You even have experience a difference of more than $1,000 in
the ability to roll over any unused HSA funds year to medical premiums savings compared to someone
year for future covered medical expenses. not achieving the wellness credits
4
About High Deductible Plans High Deductible Plan Features
The HDP has a fundamentally different approach to You have a choice between two high deductible
healthcare in which you have greater control over how medical plans (HDP)
your healthcare dollars are spent. Preventive care and For both plans, coinsurance is 20% for in-
many preventive prescriptions are covered at 100% network prescription medications after the
for in-network providers. The plans offer an HSA deductible has been met; coinsurance for
in which you can save money for current and future prescription medication coverage does not apply
covered medical expenses. if the out-of-pocket maximum is met
The plans offer many preventive prescription
After you meet your deductible, the plan pays 80% medications at no cost
of your medical costs and you pay 20% of eligible
expenses for the remainder of the year. If you reach Both plans utilize the UnitedHealthcare (UHC)
the out-of-pocket maximum, the plan pays the rest of Choice Plus Network
your covered charges at 100% for the rest of the year. Both plans offer the ability to use virtual visits
Healthy by Design participants who reached the
You can make pre-tax contributions to an HSA to wellness credit goal by October 15, 2020, will
help pay for covered medical expenses. You even have experience a difference of more than $1,000 in
the ability to roll over any unused HSA funds year to medical premiums savings compared to someone
year for future covered medical expenses. not achieving the wellness credits
4
