Page 12 - GLG Benefits Guide
P. 12
Claim Comparison: Choosing the
Right Plan
GLG encourages you to review the medical options offered and determine which plan helps you meet the
healthcare needs for yourself and family. ALEX can also illustrate the differences of each plan based on your
situation beneits.myalex.com/glg/2020. Below is an example showing health plan expenses based on Jack’s
expected needs, but your scenario may be different. You can also contact GLG People Team at HRsupport@glg.it.
Claims Example
Jack considers himself young and relatively healthy. He wonders which GLG plan option might be his best bet
considering his medical and pharmacy expenses. Jack would enroll in single coverage and his salary is $70K a
year. Jack will receive one preventive annual exam which is covered at 100% on all GLG plans. He has migraines
on occasion so in order to manage them he sees a specialist twice a year. Jack also sprains his ankle playing
basketball at the gym and has to go to urgent care. He is prescribed a generic medication to help ease his pain.
He selects the HSA 1400 plan based on low payroll contributions and GLG’s HSA funding.
Aetna PPO 500 Aetna HSA 1400
Total Annual Contribution $1,368 $576
GLG Contribution to HSA N/A $750
Deductible to be Satisied $500 $1,400
Jack's Services Cost of Care Amount Applied to Cost of Care Amount Applied to
Deductible
Deductible
1 preventive physical exam 100%, deductible does 100%, deductible does
(in-network) not apply: $0 not apply: $0
Assumes $80 ofice visit charge $0 $0
2 specialist visits Deductible then $400 Deductible then 80%: $400
$50 copay:
Assumes $200 ofice visit charge 2 visits @ $200 = $400 2 visits @ $200 = $400
1 generic non-preventive retail 1 copay @ $10: Deductible then
$10 copay:
drug purchase $10 $0 1 prescriptions @ $40 = $40
(Assumes $40 cost/30-day Rx) $40
Deductible then
1 urgent care visit $75 copay: $100 Deductible then 80%: $700
Assumes $700 charge $100 to satisfy deductible 1 visit @ $700 = $700
then copay = $175
Amount Amount
Totals Cost of Care of Deductible Cost of Care of Deductible
Remaining Remaining
Annual Cost $585 $0 $1,140 $260
Jack's Total Annual Cost = Payroll + Cost of Care Payroll + Cost of Care – HSA Funding
$966
$1,953 ($0 HSA Funds Remaining)
12
Right Plan
GLG encourages you to review the medical options offered and determine which plan helps you meet the
healthcare needs for yourself and family. ALEX can also illustrate the differences of each plan based on your
situation beneits.myalex.com/glg/2020. Below is an example showing health plan expenses based on Jack’s
expected needs, but your scenario may be different. You can also contact GLG People Team at HRsupport@glg.it.
Claims Example
Jack considers himself young and relatively healthy. He wonders which GLG plan option might be his best bet
considering his medical and pharmacy expenses. Jack would enroll in single coverage and his salary is $70K a
year. Jack will receive one preventive annual exam which is covered at 100% on all GLG plans. He has migraines
on occasion so in order to manage them he sees a specialist twice a year. Jack also sprains his ankle playing
basketball at the gym and has to go to urgent care. He is prescribed a generic medication to help ease his pain.
He selects the HSA 1400 plan based on low payroll contributions and GLG’s HSA funding.
Aetna PPO 500 Aetna HSA 1400
Total Annual Contribution $1,368 $576
GLG Contribution to HSA N/A $750
Deductible to be Satisied $500 $1,400
Jack's Services Cost of Care Amount Applied to Cost of Care Amount Applied to
Deductible
Deductible
1 preventive physical exam 100%, deductible does 100%, deductible does
(in-network) not apply: $0 not apply: $0
Assumes $80 ofice visit charge $0 $0
2 specialist visits Deductible then $400 Deductible then 80%: $400
$50 copay:
Assumes $200 ofice visit charge 2 visits @ $200 = $400 2 visits @ $200 = $400
1 generic non-preventive retail 1 copay @ $10: Deductible then
$10 copay:
drug purchase $10 $0 1 prescriptions @ $40 = $40
(Assumes $40 cost/30-day Rx) $40
Deductible then
1 urgent care visit $75 copay: $100 Deductible then 80%: $700
Assumes $700 charge $100 to satisfy deductible 1 visit @ $700 = $700
then copay = $175
Amount Amount
Totals Cost of Care of Deductible Cost of Care of Deductible
Remaining Remaining
Annual Cost $585 $0 $1,140 $260
Jack's Total Annual Cost = Payroll + Cost of Care Payroll + Cost of Care – HSA Funding
$966
$1,953 ($0 HSA Funds Remaining)
12
