Page 2 - VSolvit 2021 EB Brochure_Updated Aug 2021

VSolvit
2021 Employee Benefits Brochure

2021 Employee Benefits

The Benefits of Working at VSolvit
As all US employers continue to struggle with the ever-increasing costs of health care, VSolvit has been hard at work to
ensure our employees continue to be provided with the best possible, and most affordable health care plans.

VSolvit’s management team recognizes the detrimental impact of any increase in costs and left no stones unturned in
addressing increasing healthcare costs - including soliciting alternative bids from other available insurance companies.

As such, VSolvit has opted to increase the overall company contribution towards the healthcare insurance premium,
thereby absorbing most of the cost increase where possible. VSolvit spends more than $2 million annually in healthcare
cost on behalf of its employees.

After significant negotiations and deliberations, we are excited to announce that beginning January 1st, 2021:

• We will continue to offer Cigna’s medical plans (based on the tremendously positive feedback from VSolvit
employees)
• We can keep our H.S.A plan at $0 for employee only coverage and can continue to heavily subsidize coverage for
families on the H.S.A. plan
• We will continue to subsidize our dental and vision plans, maintaining current rich options and benefits at no cost
increase to our employees
• A few minor changes to the OAP in-network only plan (deductible and out-of-pocket maximum)
• A slight increase to some employee contributions for the medical plans

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