Page 4 - Cornerstone Systems New Hire Guide
P. 4
Beneit Guide
Medical and Drug Coverage
Cigna Medical and Here’s a brief overview of how the HDHP plan will work:
Prescription Drug X Network: Open Access Plus (OAP)
Coverage X Focus on preventive care: 100% coverage with no out-of-pocket
Cornerstone Systems offers medical cost for age-appropriate preventive care
and prescription drug beneits
through Cigna. Cornerstone Systems X No copayments: this plan has no copayments for medical services;
will only offer an IRS qualiied High all services are subject to the deductible and coinsurance, except
Deductible Health Plan paired with age-appropriate preventive care using network providers
an Health Savings Account (HSA). X Share the cost: after you meet the deductible, you and the plan
share the cost of expenses through coinsurance
What You Should Know X Added protection: after you meet your out-of-pocket maximum,
About High Deductible the plan pays 100% of eligible medical expenses
Health Plans (HDHP) X No maximum: the plan’s lifetime maximum is unlimited
This plan is intended to develop a X Once you are enrolled in the HDHP, you will have access to enroll
consumer mind-set regarding medical in a Health Savings Account (HSA)
expenses. In other words, when
you use your own money to make Medical Payroll Deductions
a purchase, you normally make a Semi-Monthly Payroll Deductions
decision based on cost and quality. Single HDHP
$45
Associate and Spouse $95
Associate and Child(ren) $90
Family $110
4
Medical and Drug Coverage
Cigna Medical and Here’s a brief overview of how the HDHP plan will work:
Prescription Drug X Network: Open Access Plus (OAP)
Coverage X Focus on preventive care: 100% coverage with no out-of-pocket
Cornerstone Systems offers medical cost for age-appropriate preventive care
and prescription drug beneits
through Cigna. Cornerstone Systems X No copayments: this plan has no copayments for medical services;
will only offer an IRS qualiied High all services are subject to the deductible and coinsurance, except
Deductible Health Plan paired with age-appropriate preventive care using network providers
an Health Savings Account (HSA). X Share the cost: after you meet the deductible, you and the plan
share the cost of expenses through coinsurance
What You Should Know X Added protection: after you meet your out-of-pocket maximum,
About High Deductible the plan pays 100% of eligible medical expenses
Health Plans (HDHP) X No maximum: the plan’s lifetime maximum is unlimited
This plan is intended to develop a X Once you are enrolled in the HDHP, you will have access to enroll
consumer mind-set regarding medical in a Health Savings Account (HSA)
expenses. In other words, when
you use your own money to make Medical Payroll Deductions
a purchase, you normally make a Semi-Monthly Payroll Deductions
decision based on cost and quality. Single HDHP
$45
Associate and Spouse $95
Associate and Child(ren) $90
Family $110
4
