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Find Your
Future Steps
We know having affordable and quality healthcare insurance is extremely important, and you know what’s best for you. Our
Future Steps plan offers you and your family beneit coverage which will work for your needs today, tomorrow, and well into the
future. With Future Steps, the company is giving you control of your care and your costs.
We’re sharing three stories about employees who are using Future Steps. Each person relects a different usage level of the
medical plan. We want you to see how the plan costs work in real life. We’re also sharing what the 2017 plan would have looked
like if we had chosen to continue with the PPO plan design with the increased premiums and deductibles shown below (2017 PPO
plan—quoted renewal rates).
Future Steps for Joe
Joe is single and gets medical coverage for himself only. He doesn’t go to the doctor
very often, but he always gets an annual physical—just to be on the safe side. Joe
takes only one medication for cholesterol. He has a bike accident which requires an
urgent care visit but no follow up.
What would Joe’s costs be like in Future Steps versus what he pays today and
compared to what he would have paid under the PPO renewal plan?
2017 2017 PPO Plan 2016 PPO Plan
Individual Coverage Future Steps Quoted Renewal Actual
Rates
Annual Physical $0 $0 $0 Note: Joe’s premiums went down
(average cost $150) (covered 100%) (covered 100%) (covered 100%) $171 from last year, and he’s saving
1 Urgent Care Visit $375 in premiums from what the
(average cost $155) $155 $155 $155 renewal PPO plan would have
$40 cost him in 2017. He “invested” his
1 Tier 1 Prescription (pay full cost, $10 copay $10 copay premium savings, and added a little
(average cost $40) hasn’t met more, by putting $500 into his HSA
deductible)
Joe’s Costs for Services He Used $195 $165 $165 account. He pays for his medical costs
Joe’s Premiums $1,547 $1,922 $1,718 out-of-pocket, instead of using the
Joe’s Total Out-of-Pocket Medical HSA account. So he’s able to carry
Costs $1,742 $2,087 $1,883 forward $2,000 in the account and the
amount rolls into 2018—in case he
W&T Offshore HSA Contribution $1,500 has a medical emergency then. The
Joe’s Personal HSA Contribution $500 HSA funds go into his account tax-
Joe’s HSA Funds Used $0 free, and when Joe uses them, they
Funds Remaining in Joe’s HSA come out tax-free.
Account $2,000
Future Steps
We know having affordable and quality healthcare insurance is extremely important, and you know what’s best for you. Our
Future Steps plan offers you and your family beneit coverage which will work for your needs today, tomorrow, and well into the
future. With Future Steps, the company is giving you control of your care and your costs.
We’re sharing three stories about employees who are using Future Steps. Each person relects a different usage level of the
medical plan. We want you to see how the plan costs work in real life. We’re also sharing what the 2017 plan would have looked
like if we had chosen to continue with the PPO plan design with the increased premiums and deductibles shown below (2017 PPO
plan—quoted renewal rates).
Future Steps for Joe
Joe is single and gets medical coverage for himself only. He doesn’t go to the doctor
very often, but he always gets an annual physical—just to be on the safe side. Joe
takes only one medication for cholesterol. He has a bike accident which requires an
urgent care visit but no follow up.
What would Joe’s costs be like in Future Steps versus what he pays today and
compared to what he would have paid under the PPO renewal plan?
2017 2017 PPO Plan 2016 PPO Plan
Individual Coverage Future Steps Quoted Renewal Actual
Rates
Annual Physical $0 $0 $0 Note: Joe’s premiums went down
(average cost $150) (covered 100%) (covered 100%) (covered 100%) $171 from last year, and he’s saving
1 Urgent Care Visit $375 in premiums from what the
(average cost $155) $155 $155 $155 renewal PPO plan would have
$40 cost him in 2017. He “invested” his
1 Tier 1 Prescription (pay full cost, $10 copay $10 copay premium savings, and added a little
(average cost $40) hasn’t met more, by putting $500 into his HSA
deductible)
Joe’s Costs for Services He Used $195 $165 $165 account. He pays for his medical costs
Joe’s Premiums $1,547 $1,922 $1,718 out-of-pocket, instead of using the
Joe’s Total Out-of-Pocket Medical HSA account. So he’s able to carry
Costs $1,742 $2,087 $1,883 forward $2,000 in the account and the
amount rolls into 2018—in case he
W&T Offshore HSA Contribution $1,500 has a medical emergency then. The
Joe’s Personal HSA Contribution $500 HSA funds go into his account tax-
Joe’s HSA Funds Used $0 free, and when Joe uses them, they
Funds Remaining in Joe’s HSA come out tax-free.
Account $2,000
