Page 9 - Technip Energies 2022 benefits guide

How a CDHP Works

Here is how your CDHP deductible will work: Out-of-Pocket Maximum

• Both medical plans have an annual deductible, Technip Energies limits the total amount you could
which is the amount you’ll need to pay before pay out-of-pocket for in-network benefits in a single
your plan starts to pay for approved services year. Once you reach the limit, the plan pays the full
• For all care (except preventive), you must pay the amount of any eligible health care costs for you and
cost of medical and prescription drug expenses your dependents for the rest of the year.
until you reach your plan’s deductible
• The amount you pay will vary depending on Benefits of Having a CDHP
the option you selected, who’s covered and Although a CDHP requires you to pay more upfront
whether the providers you use are part of your when services are rendered, it has many advantages
plan’s network over other types of medical plans:

Cost Of Care • You’ll pay less in premiums
• CDHPs may be paired with a tax-advantaged
After you reach your annual deductible, you and
Technip Energies share in the cost of your covered Health Savings Account (HSA), so you can pay
services (also called coinsurance). The coinsurance your health care expenses and your annual
levels are the same for both plans. deductible with tax-free dollars
• Once you reach the annual out-of-pocket
Important Note: You will always pay less when maximum, the CDHP pays 100% of your eligible
you use doctors, hospitals and other providers that health care costs and you pay nothing more for
are in your plan’s network because of the negotiated the remainder of the plan year
discounts. • The deductible counts toward your annual

out-of-pocket maximum

Save money with the CVS Preventive Medications List!

If you take or are prescribed a medication on this list, you can
bypass your deductible and simply pay the associated copay per
the applicable drug tier. The CVS Preventive Medications List can
be found through the link on our Technip Energies Mobile Wallet Card
or at https://www.caremark.com/portal/asset/preventive_dl.pdf.

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