Page 4 - Murphy Benefits Guide
P. 4
Medical
For many people, nothing is more important than our health and the
health of our family members. This is why Murphy Company offers a
robust medical and pharmacy program to employees. Murphy partners
with Anthem to provide these beneits.
As an employee of Murphy Company, you continue to have the option
between three plans—the Premium Plan, Regular Plan, and the HSA Plan.
You are encouraged to weigh the below considerations when choosing the
plan which best meets your needs.
Features of Each Plan
X Access to Anthem’s national network
X Coverage for routine preventive care at 100%
Premium Plan Features
X Highest per-paycheck premiums with lowest deductibles and out-of-
pocket maximums
Important Terms X Flat dollar copays for Tiers 1, 2, and 3 prescription drugs
Deductible—the amount you pay X Flat dollar copays for primary and specialty doctor’s ofice visits
toward eligible medical expenses
each year before the plan begins X Eligible to participate in the Flexible Spending Account (FSA)
paying beneits
Regular Plan Features
Copay—a lat fee you pay for
medical services; generally applies X Higher per-paycheck premiums with lower deductibles and out-of-
to physicians’ oice visits and pocket maximums
prescription drugs
X Flat dollar copays for Tiers 1, 2 and 3 prescription drugs
Coinsurance—the percentage of X Flat dollar copays for primary and specialty doctor’s ofice visits
the medical charges you pay after
you have paid the deductible X Eligible to participate in the Flexible Spending Account (FSA)
Out-of-pocket limit—the total
amount an employee or dependent HSA Plan Features
pays out-of-pocket in a given plan X Lowest per-paycheck premiums with highest deductible, which allows
year; once this maximum has been
reached the plan pays 100% of you to pay for care when you need it
eligible expenses for the remainder X Medical and prescription drug expenses are subject to the deductible,
of the plan year
exception for preventive care
Network—group of doctors X Certain preventive medications are covered at 100%—no cost to you
or hospitals who agree to
negotiated rates with a health X Eligible to participate in the Health Savings Account (HSA)
insurance company
4 2020 Benefits Guide
For many people, nothing is more important than our health and the
health of our family members. This is why Murphy Company offers a
robust medical and pharmacy program to employees. Murphy partners
with Anthem to provide these beneits.
As an employee of Murphy Company, you continue to have the option
between three plans—the Premium Plan, Regular Plan, and the HSA Plan.
You are encouraged to weigh the below considerations when choosing the
plan which best meets your needs.
Features of Each Plan
X Access to Anthem’s national network
X Coverage for routine preventive care at 100%
Premium Plan Features
X Highest per-paycheck premiums with lowest deductibles and out-of-
pocket maximums
Important Terms X Flat dollar copays for Tiers 1, 2, and 3 prescription drugs
Deductible—the amount you pay X Flat dollar copays for primary and specialty doctor’s ofice visits
toward eligible medical expenses
each year before the plan begins X Eligible to participate in the Flexible Spending Account (FSA)
paying beneits
Regular Plan Features
Copay—a lat fee you pay for
medical services; generally applies X Higher per-paycheck premiums with lower deductibles and out-of-
to physicians’ oice visits and pocket maximums
prescription drugs
X Flat dollar copays for Tiers 1, 2 and 3 prescription drugs
Coinsurance—the percentage of X Flat dollar copays for primary and specialty doctor’s ofice visits
the medical charges you pay after
you have paid the deductible X Eligible to participate in the Flexible Spending Account (FSA)
Out-of-pocket limit—the total
amount an employee or dependent HSA Plan Features
pays out-of-pocket in a given plan X Lowest per-paycheck premiums with highest deductible, which allows
year; once this maximum has been
reached the plan pays 100% of you to pay for care when you need it
eligible expenses for the remainder X Medical and prescription drug expenses are subject to the deductible,
of the plan year
exception for preventive care
Network—group of doctors X Certain preventive medications are covered at 100%—no cost to you
or hospitals who agree to
negotiated rates with a health X Eligible to participate in the Health Savings Account (HSA)
insurance company
4 2020 Benefits Guide
