Mammoth Energy Services, Inc. · NASDAQ:TUSK
Mammoth Energy Services — Investor Presentation (July 2019)
28 slides from Mammoth Energy Services's investor presentation, July 2019
Slide 1: Employee Benefits Presentation: Your 2020 Plan Year Benefits
Employee Benefits July 24 – August 05, Presentation 2019 Your 2020 Plan Year Benefits
Slide 2: Agenda
Agenda • Opening Remarks • Gallagher Team • Benefits • What’s new this year • What’s staying the same • FSA Contribution Limits • Employee Contributions • Paycom Online Enrollment • What happens after open enrollment
Slide 3: Opening Remarks
Opening Remarks • We will continue to offer BCBS and Guardian. • 2 Medical Plans: Base and Buy-Up plan. • Minimal increase in medical contributions • No Change on Dental and Vision contributions. • No Change in Voluntary Life premiums • Mammoth continues to pay 100%: • Basic Life/AD&D • Short Term D
Slide 4: Gallagher Team
Gallagher Team • Consultant – Mark Christison • Client Executives – Diane Barton-Lewis and Kathy Saliba • Mammoth Energy BAC Service Phone:(866) 898-7089 8:00 – 6:00 CST Email: bac.mammothenergy@ajg.com 4
Slide 5: What's new this year
What’s new this year… • Benefit Advocate Center • Provider Network: • Medical network changing to Blue Preferred for the Base and Buy-Up plans • Deductible: • Base Plan in-network deductible $2,000 Individual / $6,000 Family • Buy-Up Plan in-network deductible $1,000 Individual / $3,000 Family • Out
Slide 6: BCBS of Oklahoma - Medical
BCBS of Oklahoma - Medical BCBS of Oklahoma Blue Preferred Network BASE PLAN BUY-UP PLAN In-Network In-Network Annual Deductible Individual / $2,000 / $6,000 $1,000 / $3,000 Family Annual Out-of-Pocket Individual / $5,000 / $15,000 $4,000 / $12,000 Family Coinsurance 20% 20% Primary Care Office Visi
Slide 7: What's new this year: BCBS Benefit Value Advisor and Member Rewards
What’s new this year…. BCBS Benefit Value Advisor (BVA) and Member Rewards This new program allows you to simplify benefit options, making them easier to understand and to help you use your benefits more wisely and get better value. BVAs will provide guidance on medical and pharmacy. The program all
Slide 8: Member Rewards
Member Rewards Cash Rewards when a lower-cost, quality provider is selected from several possibilities. How Does It Work? When a doctor recommends treatment: Log into Blue Access for MembersSM at bcbsok.com Click Doctors and Hospitals tab Then on Find a Doctor or Hospital Shop for Procedures
Slide 9: Maximize your Benefits
Maximize your Benefits…. • Preventive Care 100% Covered. (Out of network benefits may vary) • Virtual Visits powered by MDLIVE at $0 Copay • FREE 24 / 7 Nurse Access • Register for Blue Access for Members (BAM) at www.bcbsok.com Review benefits and claim status Order ID cards or print temporary ca
Slide 10: Blue Access for Members
Blue Access for Members BlueCross BlueShield a (3) of Oklahoma Get information about your health benefits, anytime, It’s easy to get started anywhere. Use your computer, phone or tablet to access the Blue Cross and Blue Shield of Oklahoma (BCBSOK) secure member website, Blue Access for Members (BAMS
Slide 11: Blue Access Mobile
Blue Access Mobile Bluecros BlueShield © BCBSOK App and Mobile Website: * Find a doctor, hospital or urgent care facility or search for Spanish-speaking providers + Register or log in to Blue Access for Members™ - View coverage details - Check claims status - Access ID card information é Centered Ap
Slide 12: What's staying the same this year
What’s staying the same this year…. • No Changes on the Guardian coverage Dental Vision Basic Life/AD&D Voluntary Life Short Term Disability Long Term Disability
Slide 13: Guardian - Dental
Guardian - Dental Guardian In-Network Out-of-Network * Calendar Year Deductible $50 / $150 $50 / $150 of U&C Individual / Family Calendar Year Maximum $1,000 $1,000 of U&C Per Person Preventive & Diagnostic 100% 100% of U&C (cleanings, x-rayx, exam) Preventive Yes Yes Is deductible waived? Basic Ded
Slide 14: Guardian - Vision
Guardian - Vision Guardian In-Network Out-of-Network * Annual Eye Exam Once every 12 months $10 Copay Up to $45 of U&C Frames Once every 24 months $150 Allowance Up to $70 of U&C Lenses Once every 12 months Single Lined Bifocal Up to $65 of U&C $25 Copay Lined Trifocal depending on lens type Lenticu
Slide 15: Guardian – Life
Guardian – Life Basic Life/AD&D • 2 x Annual Salary up to a maximum of $500,000. • Full-time is defined as employees working 30 hours or more per week and that have satisfied the waiting period. **Please keep in mind: Applicable age reductions and evidence of insurability requirements. Voluntary Lif
Slide 16: Guardian – Disability
Guardian – Disability Short Term Disability (STD) • Begin on 15th Day due to Accident or Illness • 60% Benefit of weekly earnings • Maximum of $1,500 per week • Up to a maximum of 24 weeks Long Term Disability (LTD) • Begins on 181st day • 60% Benefit • Maximum of $10,000. **LTD coincides with the S
Slide 17: Guardian – WorkLife Matters
Guardian – WorkLife Matters Employee Assistance Program (EAP) : • 3 Face to Face Sessions FREE! • Unlimited access to support online and telephonic Employee Assistance Program (EAP) can assist with: Healthy Living Child and Elder Care Stress Management Legal Issues Mental Health Will Preparati
Slide 18: Discovery Benefits - FSA
Discovery Benefits - FSA Health Care FSA • Dollars invested are tax-free for medical, dental and vision qualified expenses • Elect up to $2,700 annually. • Roll over up to $500 to the next plan year • To view a full listing of qualified expenses, visit www.DiscoveryBenefits.com/eligibleexpenses Debi
Slide 19: 2020 Employee Contributions
2020 Employee Contributions Per Pay Period Cost (26 Pay Periods) Employee & Employee & Employee Family Spouse Child(ren) MEDICAL—BASE $10.50 $89.25 $73.50 $115.50 MEDICAL—BUY UP $35.70 $144.90 $121.80 $194.25 MEDICAL Add $75.00 per pay period to the Employee & Spouse or Family medical cost Spousal S
Slide 20: 2020 Employee Contributions
2020 Employee Contributions VOLUNTARY LIFE DEDUCTIONS Per Pay Period Cost (26 Pay Periods) < 30 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 $25,000 Election Amount Employee $25,000 $1.04 $1.15 $1.50 $2.42 $3.81 $5.89 $10.15 $16.62 $26.77 Spouse $12,500 $0.52 $0.58 $0.75 $1.21 $1.90 $2.94 $5.08 $
Slide 21: Paycom Online Enrollment
Paycom Online Enrollment Let’s get started…. You’ve been provided with an employee benefit guide. Pages 12-16 of the guide provide step by step instructions on how you can go online and proceed with your Paycom enrollment process. The system is open beginning November 4th and will close on November
Slide 22: What happens after open enrollment?
What happens after open enrollment? 22
Slide 23: ID Cards
ID Cards • Everyone will receive a new ID Card from Blue Cross Blue Shield of Oklahoma • Guardian Dental & Vision – you can obtain copies of your ID card at www.guardiananytime.com 23
Slide 24: Evidence of Insurability (EOI)
Evidence of Insurability (EOI) • Evidence of Insurability is a form that may be completed if: • Basic Life and AD&D: • If 2x your annual salary is $350,000 or more • Voluntary Life • Paycom will prompt if EOI is applicable. • Basic Life and/or Voluntary Life Insurance is not approved until the Evide
Slide 25: Open Enrollment or Qualifying Events
Open Enrollment or Qualifying Events: If something changes during the year, you will need to update your elections: Add or delete eligible dependents (e.g. marriage, have a baby, or divorce) Address changes Loss of Coverage Update beneficiaries **Only at Open Enrollment can you change plans
Slide 26: Time to choose your benefits!
Time to choose your benefits! Open Enrollment is November 4, 2019 - November 15, 2019. For any questions about your benefits, contact Mammoth Energy Services BAC HelpLine (866) 898-7089 bac.mammothenergy@ajg.com 26
Slide 27: Questions
Questions MAMMOTH
Slide 28: Thank you!
The intent of this presentation is to provide you with general information regarding the status of, and/or potential concerns related to, your current employee benefits environment. It should not be construed as, nor is it intended to provide, legal advice. Laws may be complex and subject to change.
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