Arthur J. Gallagher & Co. · NYSE:AJG
Arthur J. Gallagher & — Investor Presentation (May 2022)
30 slides from Arthur J. Gallagher &'s investor presentation, May 2022
Slide 1: St. Anthony New Brighton Schools 2022 Open Enrollment
St. Anthony New Brighton Schools 2022 Open Enrollment Open Enrollment – May 13th – May 30th ©2019 ARTHUR J. GALLAGHER & CO.
Slide 2: Open Enrollment Process
Open Enrollment Process o You only need to submit Election Changes Only Paper forms available for changes to your medical and dental coverage Paper form available to add or increase the voluntary life insurance for yourself, your spouse and/or dependent child(ren) o You must elect your FSA amoun
Slide 3: Online Benefit Portal
Online Benefit Portal oYour one stop for all benefits information! oAll forms and plan summaries are available on this site oAccessible from home and work www.c2mb.ajg.com/sanb282/home 3 ©2019 ARTHUR J. GALLAGHER & CO.
Slide 4: Overview of Changes
Overview of Changes o No changes to the following benefits: Dental – Delta Dental of Minnesota Life/AD&D and LTD – No benefit change, still with The Standard Standard Voluntary Life o Additional term life insurance on employee, spouse and children o Employee must be enrolled to purchase spouse
Slide 5: Overview of 2022 Medical Renewal
Overview of 2022 Medical Renewal o From our partnership with Gallagher, marketed our medical plan per MN HITA bid law statutes. o We reviewed proposals from many carriers in the marketplace, analyzing provider networks, prescription formularies and plan design options o Evaluated our overall costs,
Slide 6: HealthPartners – Open Access Network
HealthPartners – Open Access Network More than 950,000 You Anywhere doctors Choices to find a doctor wherever you live, work or travel nationwide 6,000 hospitals oNational Network CIGNA Freedom Freedom to get the care and support you need 6 6 ©2019 ARTHUR J. GALLAGHER & CO.
Slide 7: Medical Plan Comparison
Medical Plan Comparison Open Access In Network Benefits $1,500 VEBA Lifetime Maximum Unlimited Plan Year Medical & Rx $1,500 per individual Deductible $3,000 per family Plan Year Medical & Rx $1,500 per individual Out-of-Pocket Maximum $3,000 per family $550 / single coverage District VEBA Contribut
Slide 8: Here For You 24/7
Here For You 24/7 Mon – Fri, 7 a.m. to 7 p.m., CT Member Services Help with all things related to your plan 952-883-5000 or 800-883-2177 Mon – Fri, 7:30 a.m. to 5 p.m., CT Nurse NavigatorSM program Support in finding the right care 952-883-5000 or 800-883-2177 Mon – Fri, 8 a.m. to 6 p.m., CT Pharmac
Slide 9: HealthPartners Online Resources
HealthPartners Online Resources Find a provider Treatment Costs Virtuwell.com Procedure Costs Drug Formulary Personal Claims Information www.healthpartners.com click on “sign up for myHealthPartners” 9 9 ©2019 ARTHUR J. GALLAGHER & CO.
Slide 10: Manage Your Health on the Go
Manage Your Health on the Go See recent claims and how much you owe Get estimates, specific to your plan Check your balances Search for View and fax doctors or clinics your member ID card 10 10 ©2019 ARTHUR J. GALLAGHER & CO.
Slide 11: 24/7 online care
24/7 online care Doctor On Demand Can help with: • Sore throat • Bladder infection • Simple, convenient and safe • Sports injuries • Treats more than 60 common conditions Pay only $59 per 15- • You’re only charged if we can treat minute visit with a doctor. you • Never pay more than $59 doctorondema
Slide 12: Prescription Drugs
Prescription Drugs See if your medications are covered o Your formulary: PreferredRx o Search for your medications at healthpartners.com/preferredrx Find the best price with the Drug Cost Calculator at healthpartners.com/pharmacy Call 952-883-7300 or visit healthpartners.com/pharmacy/ontrackrx 12 12
Slide 13: Wellbeats
Wellbeats Wellbeats has on-demand workouts and challenges, along with a team of friendly, certified virtual trainers who are ready to help you reach your goals. Enjoy classes like yoga, running, HIIT, strength training, recovery, meditation, and more Personalized recommendations based on your prefer
Slide 14: Fitness Discounts
Fitness Discounts Get special savings from handpicked retailers as a HealthPartners member. Show your member ID card to save Discounts on gym memberships money on: GlobalFit’s Gym Network 360: • Eyewear • Hearing aids • Discounts at over 8,000 gyms and studios, • Exercise equipment • Orthodontics nu
Slide 15: Employee Assistance Program (EAP)
Employee Assistance Program (EAP) Making a Finding budget child care Adopting a EAP Contact: Grieving new baby Call: 866-326-7194 Text: 919-324-5523 Online: hpeap.com Knowing Password - sourcewell Managing your legal stress options Parenting tips and resources 15 ©2019 ARTHUR J. GALLAGHER & CO.
Slide 16: 2022-2023 Medical Plan Contributions
2022-2023 Medical Plan Contributions Employee Contribution District Contribution (73% to 100% FTE) Difference from Difference from $1,500 VEBA Per Pay Period Per Pay Period 2021-22 2021-22 Single $56.17 -$3.34 $270.73 -$3.34 Family $170.02 -$9.86 $795.78 -$9.86 *If you are in a different FTE status,
Slide 17: Healthcare Flexible Spending Account
Healthcare Flexible Spending Account o This plan allows you to use pre-tax dollars to pay for any of your eligible out- of-pocket medical and/or dental expenses. o Some examples are: Prescription co-pays Clinic co-pays Vision expenses Orthodontics o Recent legislation as added the following
Slide 18: Healthcare Flexible Spending Account
Healthcare Flexible Spending Account o Maximum Election: $2,850 o When calculating your election amount, remember to include expenses for yourself, your spouse and/or your dependents. o Any expenses that you claim through your Health Care Expense Reimbursement Account CANNOT be reimbursed by an addi
Slide 19: Plan Year and Enrollment
Plan Year and Enrollment o Plan Year The District Flexible Benefits Plan year runs from July 1 through June 30th of the Following Year Following the end of the plan year, you have 90 days to submit for reimbursement for claims that were incurred during the plan year o Enrollment Each year you
Slide 20: Dependent Care Flexible Spending Account
Dependent Care Flexible Spending Account o This plan will allow you to set aside pre-tax dollars to pay for your eligible dependent day care expenses. o Maximum Election: $5,000 per household ($2,500 if filing separately) o The IRS requires that you report certain information about your day care pro
Slide 21: Flexible Spending Accounts Summary
Flexible Spending Accounts Summary o Flexible Spending Account Maximum Election: $2,850 $570 Carryover Provision o Flexible Spending Account - Dependent Care Reimbursement Maximum Election: $5,000 o Health Care and Dependent Care Reimbursement Accounts are separate. o Medical expenses cannot be cl
Slide 22: Dental Coverage
Dental Coverage Service Category Delta Dental Delta Dental Out-of-Network PPO Premier Deductible (per person/per family) $25/$75 $25/$75 $25/$75 No deducible for Diagnostic & Preventive or Orthodontics Annual Maximum (per person) $1,000 $1,000 $1,000 Diagnostic & Preventive (exams/cleanings) 100% 10
Slide 23: In and Out of-Network Coverage
In and Out of-Network Coverage When you see an in-network (Delta Dental PPO/ Delta Dental Premier) dentist o Network savings on Covered Services o No Balance Billing o Dentist will submit claims directly to Delta Dental o Delta Dental will send plan payment directly to dentist o No need to pre-selec
Slide 24: Delta Dental Online Tools
Delta Dental Online Tools Register at deltadentalmn.org Resources and Self-Service Tools to make the most of your dental plan. o Check eligibility status o Review benefits Cost per pay period o Find a participating dentist Teachers Non-Teachers o Claim status and history Single $0.35 $0.00 o Order I
Slide 25: Employer Paid Benefits
Employer Paid Benefits Basic Life and AD&D Insurance o Benefit Amount varies by class o Paid for 100% by the District o Make sure to choose a beneficiary! Long-Term Disability Insurance o 66.67% of monthly earnings o Max monthly benefit determined by class o 90-day waiting period o Continue to SSNRA
Slide 26: Voluntary Benefits
Voluntary Benefits Additional Life Insurance o Employee: $10k increments to max $500k $100,000 Guarantee Issue o Spouse: $5k increments to max $250k Cannot exceed 50% of Employee amount $20,000 Guarantee Issue o Child(ren): Choice of $1,000, $5,000 or $10,000 o AD&D coverage will match Life be
Slide 27: Election Changes
Election Changes o After a new plan year begins, you generally cannot change your benefit election(s). However, if there is a Family Status Change, you may be able to change your election(s). o Family Status Changes include: Marriage Divorce Birth or adoption of a child Death of spouse or a
Slide 28: Check Your Beneficiaries!
Check Your Beneficiaries! o Open Enrollment is a good time to annually check and ensure you have the correct individual(s) listed as your beneficiary o If you need to update your beneficiary, please complete the appropriate form(s) and return to HR. o Please see Kim Lannier with any questions regard
Slide 29: What’s Next???
What’s Next??? All enrollment/change forms MUST be completed and sent to Kim Lannier by end of day Monday, May 30th, 2022 29 29 ©2019 ARTHUR J. GALLAGHER & CO.
Slide 30: THANK YOU!
THANK YOU! 30 30 ©2019 ARTHUR J. GALLAGHER & CO.
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