Page 13 - GLG 2021 Annual Benefits
P. 13
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/2021. 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 Human Resources at
HRsupport@glg.it.
Claims Example
Jack is young and relatively healthy but isn’t sure which GLG plan option might be the best bet, considering
past medical and pharmacy expenses. Jack will enroll in single coverage and pay contributions based on a $70K
annual salary. Jack will receive one preventive annual exam, which is covered at 100% on all GLG plans. Jack also
has migraines on occasion and in order to manage them, sees a specialist twice a year. Jack also suffers an ankle
sprain playing basketball at the gym and has to go to urgent care and is prescribed a generic medication to help
ease pain. Jack selects the HSA 1400 plan based on the low payroll contributions and GLG’s annual 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)
13
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/2021. 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 Human Resources at
HRsupport@glg.it.
Claims Example
Jack is young and relatively healthy but isn’t sure which GLG plan option might be the best bet, considering
past medical and pharmacy expenses. Jack will enroll in single coverage and pay contributions based on a $70K
annual salary. Jack will receive one preventive annual exam, which is covered at 100% on all GLG plans. Jack also
has migraines on occasion and in order to manage them, sees a specialist twice a year. Jack also suffers an ankle
sprain playing basketball at the gym and has to go to urgent care and is prescribed a generic medication to help
ease pain. Jack selects the HSA 1400 plan based on the low payroll contributions and GLG’s annual 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)
13
