UL - 2023-24 Benefits Guide (FINAL 11.1.2023) SP

2023 Gerresheimer Salary Benefits Bulletin • 5

HEALTH PLAN OPTIONS

Comparing the Plans Both healthcare options are detailed over the following pages. Granted, you must first meet a very large deductible before the High Deductible Healthcare Plan begins to provide any benefits toward your medical care. But, keep in mind that your Health Savings Account can help you meet that deductible. And, even if you don’t contribute to the account yourself, the Company makes a contribution in your behalf. So if you have an “urgent care” visit in March, for example, and are presented with a bill for $100, you might have enough money in your Account to reimburse yourself for that cost! Some individuals nonetheless, only feel secure knowing they will never need to pay a bill greater than a stated copay, even if it means it costs more in premium dollars. They may have de termined that they use healthcare services so frequently the higher premium cost pays off in the long run.

Think about how you and your family, if applicable, use health care services. Then, estimate which plan makes the most sense for you based on what you know today. Include the premium cost to you in your assessment. While none of us has a crystal ball to see what healthcare benefit needs may arise unexpect edly, regardless of which plan you choose, that plan’s out-of pocket limit will keep you protected against severe financial hardship caused by healthcare expenses. Both healthcare options are detailed over the following pages. The drug benefit chart outlines the copayments for each type of prescriptions – generic, preferred and non-preferred under all plans at retail pharmacies or through mail order. Finally, the premium for the medical plans is shown both as a reminder of the rates and to enable you to determine the cost of alternatives to your current arrangement, if any.

Questions? The answer is a phone call away.

Benefits VIP If you have questions about the healthcare related benefits described in this brochure or need assistance determining what is appropriate for you and your dependents, if any, the Benefits VIP group is ready to help! Just give them a call at 1-866-286-5354 between 8:30 AM and 8:00 PM EST for confidential service.