2023 Open Enrollment Presentation

2023 OPEN ENROLLMENT

2023 – 2024 PLAN YEAR • ABC Company will continue to pay 100% of employee only coverage for Medical, Dental and Vision • NO INCREASE IN EMPLOYEE CONTRIBUTIONS for Medical, Dental and Vision plans! • Medical coverage will continue with HPHC • Medical Plan Reimbursements (HRA) and FSA Health Care administration is changing to London Health • Dental coverage will continue with Delta Dental • Vision coverage will continue with VSP [ 2 ]

WHAT IS OPEN ENROLLMENT?

OPEN ENROLLMENT Is the period set by your employer that occurs annually and allows you to make changes to your benefit elections The ABC Company Open Enrollment period is Friday, August 18, 2023 – Friday, August 25, 2023 This is a Passive Open Enrollment – this means if you have no benefit changes to your medical, dental and/or vision WHAT IS OPEN plans you don’t need to do anything. IF you are enrolling in the Health Care FSA you DO need ENROLLMENT? to re-enroll for the 2023-2024 plan year on our **Employee Navigator portal. ELECTIONS **Logging into your benefits portal** Made during open enrollment cannot be changed until the next open enrollment period, unless you 1. Click the link below, or open your web browser and have a “qualifying event” copy paste the following into the address bar: employeenavigator.com/benefits/account/login QUALIFYING EVENTS 2. If you received a registration email and previously • Change in marital status registered your account, enter your username and • Birth or adoption of a child password. • Change in eligibility status 3. If this is your first time registering, click Register as New User and enter the required information to PLANS ELIGIBLE create your account. For open enrollment include: If you have trouble logging in, call (855) 400-0792 or • Medical email [email protected] for assistance from a • Dental member of the Employee Navigator support team. • Vision • FSA [ 4 ]

MEDICAL

KEY MEDICAL TERMS PCP A Primary Care Physician designated with your health plan who provides the first contact of care. The PCP will also provide referrals for specialist services as needed. Maximum amount on which payment is based for covered healthcare services. This may be called “eligible ALLOWED AMOUNT expense,” “payment allowance,” or “negotiated rate.” If your provider charges more than the allowed amount, and is out of network, you may have to pay the difference. DEDUCTIBLE The amount you need to pay each year for eligible healthcare expenses before insurance payments begin. COPAY A fixed amount you pay each time you get a healthcare service. COINSURANCE The percentage of costs of a covered healthcare service you pay (i.e. 20%) after you have paid your deductible. For example: You receive a service for $100 that requires you to pay coinsurance. Your deductible has been met. You will pay 20% of the $100 service, or $20. OUT-OF-POCKET MAXIMUM The maximum amount you pay each year for eligible healthcare expenses in deductible, copayments, and coinsurance. (Out of network) When a provider bills you for the difference between the provider’s charge and the allowed BALANCE BILLING amount. For example, if the provider’s charge is $100 and the allowed amount is $70, the provider may bill you for the remaining $30. A preferred provider may not balance bill you for covered services.

HPHC HMO MEDICAL PLAN with HRA The Harvard Pilgrim Health Care (HPHC) HMO Medical plan with the London Health Administrators Health Reimbursement Arrangement (HRA) integrates a fully insured component from HPHC and a self-funded component from ABC Company Technologies into a single benefit package. The HPHC coverage includes an annual in-network, per individual deductible of services that apply to the deductible members have no deductible responsibility. ABC Company Technologies, via London Health, also funds a $3,000 ($6,000 family maximum). On portion and/or all the copayments for office visits, specialist visits, urgent care, diagnostic tests, high tech imaging, inpatient hospitalization, outpatient surgery and prescriptions. HPHC Plan Cost HRA Pays YOU Pay In-Network Only In-Network Only In-Network Only Deductible (Ind/Family) $3,000 / $6,000 $3,000 / $6,000 $0 Out-of-Pocket Max (Ind/Family) $8,500 / $17,000 $0 $8,500 / $17,000 Coinsurance n/a n/a n/a Preventive Visit $0 $0 $0 PCP Office Visit $40 copay $25 copay $15 copay Specialist Visit & Urgent Care $65 copay $25 copay $40 copay Diagnostic X-Ray/Bloodwork Flex Provider $0 $0 $0 Other Provider deductible then $65 copay deductible then $65 copay $0 High Tech Imaging Non-Hospital $250 copay $125 copay $125 copay Hospital deductible then $750 copay deductible then $625 copay $125 copay Emergency Room deductible then $650 copay deductible then $525 copay $125 Inpatient Care deductible then $1,000 copay deductible then $1,000 copay $0 Outpatient Care Flex Provider $250 copay $250 copay $0 Other Provider deductible then $750 copay deductible then $750 copay $0 Prescriptions Retail 30 Day Supply $5 / $30 / $80 / $120 / 20% to $500 50% $2.50 / $15 / $40 / $60 / 50% Mail 90 Day Supply $10 / $60 / $160 / $360 / 20% to $1,500 50% $5 / $30 / $80 / $180 / 50% [ 7 ]

HPHC PPO MEDICAL PLAN with HRA The Harvard Pilgrim Health Care (HPHC) PPO Medical plan with the London Health Administrators Health Reimbursement Arrangement (HRA) integrates a fully insured component from HPHC and a self-funded component from ABC Company Technologies into a single benefit package. The HPHC coverage includes an annual in-network, per individual deductible services that apply to the in-network deductible members have no deductible responsibility. ABC Company Technologies, via London of $3,000 ($6,000 family maximum). On Health, also funds a portion and/or all the copayments for office visits, specialist visits, urgent care, diagnostic tests, high tech imaging, inpatient hospitalization, outpatient surgery and prescriptions. HPHC Plan Cost HRA Pays YOU Pay In-Network Out-of-Network In-Network Out-of-Network In-Network Out-of-Network Deductible (Ind/Family) $3,000 / $6,000 $6,000/$12,000 $3,000 / $6,000 $5,500/$11,100 $0 $500/$1,000 Out-of-Pocket Max (Ind/Family) $8,500 / $17,000 $17,000/$34,000 n/a n/a $8,500/$17,000 $17,000/$34,000 Coinsurance n/a 20% after deductible n/a 0% n/a 20% Preventive Visit $0 $0 $0 PCP Office Visit $40 copay $25 copay $15 copay Specialist Visit & Urgent Care $65 copay $25 copay $40 copay deductible deductible deductible Diagnostic X-Ray/Bloodwork then then then Flex Provider $0 20% coinsurance $0 20% coinsurance $0 20% coinsurance Other Provider deductible then $65 copay deductible then $65 copay $0 High Tech Imaging Non-Hospital $250 copay $125 copay $125 copay Hospital deductible then $750 copay deductible then $625 copay $125 copay Emergency Room deductible then $650 copay deductible then $525 copay $125 copay Inpatient Care deductible then $1,000 copay deductible then $1,000 copay $0 deductible deductible deductible Outpatient Care then then then Flex Provider $250 copay 20% coinsurance $250 copay 20% coinsurance $0 20% coinsurance Other Provider deductible then $750 copay deductible then $750 copay $0 Prescriptions Retail 30 Day Supply $5 / $30 / $80 / $120 / 20% to $500 50% $2.50 / $15 / $40 / $60 / 50% Mail 90 Day Supply $10 / $60 / $160 / $360 /20% to $1,500 50% $5 / $30 / $80 / $180 / 50% [ 8 ]

Harvard Pilgrim Health Care offers on- demand medical care at your fingertips DOCTOR ON DEMAND through Telehealth, provided by Doctor on MEDICAL & Demand BEHAVIORAL HEALTH Appointments can be made through smartphone, computer, or tablet 24/7/365 Receive quick access to doctors and expert medical advice Covers both Medical and Behavioral Health Care No more time spent in waiting rooms or costly visits to the emergency room for simple Find Doctor On Demand conditions Behavioral Health Providers online: [ 9 ]

ONLINE RESOURCES On-demand help with stress, anxiety and depression with the Sanvello app. The Sanvello app is available to you at no extra cost as part of your plan’s behavioral health benefit. See the Benefit Guide for more information. Ovia Health is a maternity and family health solution supporting reproductive health, pregnancy and parenthood for HPHC members. Ovia Health includes three mobile HPHC Member apps- Ovia Fertility, Ovia Pregnancy and Ovia Parenting. PERKS See the Benefits Guide for more information. COVERAGE FOR OVER-THE- COUNTER MEDICATIONS Your health plan includes coverage for certain generic over-the-counter (OTC) medications. There will be a link in the Benefits Guide with an online lookup tool to see which OTC medications are covered and information on obtaining a prescription for the medication. REDUCE MY COSTS Reduce My Costs is a personalized heath care concierge service that can help you find high-quality, cost- effective providers near you. The program includes most outpatient services and tests that are ordered by your provider such as lab work, MRI, X- rays, etc. If you decide to receive care from a cost- effective provider, you will earn a cash reward, depending on the service and the associated cost savings. See the Benefits Guide for further information. [ 10 ]

FITNESS REIMBURSEMENT Up to $150 per individual plan and up to $300 per family plan* Get an annual reimbursement towards gym fees, home fitness equipment, fitness classes, or online workout programs. See the Benefits Guide for more information. *to qualify, your membership must be active for at least four months HPHC Member in the calendar year PERKS WEIGHT LOSS REIMBURSEMENT Get reimbursed for fees for a qualified weight management program. See the Benefits Guide for more information. WELLNESS DISCOUNTS AND PERKS Wellness discounts and perks include health coaching for members aged 18 or older, behavioral health care through Doctor on Demand and Talkspace, weight management programs, discounts on several fitness and exercise programs and more. See HPHC Perks flyers in the Benefits Guide for more information [ 11 ]

DENTAL

In-Network Out-of-Network 2023 Calendar Year Maximum per Member $1,500 Calendar Year Deductible $50 per Person, up to $150 per Family DENTAL PLAN (Type II & III only) Type I – Preventive Care 100% Covered 100% Covered (Exams, X-rays, Cleanings, etc.) deductible does not apply deductible does not apply to preventative services to preventative services Type II – Restorative Care 85% Covered (Fillings, Oral Surgery, Root Canals, etc.) * 80% Covered* Type III – Major Care 55% Covered* 50% Covered* (Crowns, Dentures, Bridges, etc.) **New Benefit effective 10.1.2023: White Fillings covered on all teeth** * after deductible [ 13 ]

VISION

In-Network Out-of-Network $10 copayment Comprehensive Vision Exam Up to $39 copay for retinal Up to $45 screening 2023 Frames $130 allowance; 20% off Up to $70 amount over $130 VISION PLAN Single Vision Lenses $25 copayment Up to $30 Bifocal Lenses $25 copayment Up to $50 Trifocal Lenses $25 copayment Up to $65 Contact Lens Fit Up to $60 copay; 15% $0 discount off provider fees Contact Lenses $130 allowance Up to $105 (in lieu of glasses) Frequency of Services Examination Once every 12 months Lenses or Contacts Once every 12 months Frames Once every 24 months [ 15 ]

VISION BENEFITS Essential Medical Eye Care Exclusive Member Extras ® Get an extra $20 or $40 to spend on Featured With the vision benefits from VSP , you have access to supplemental coverage for urgent and Frame Brands, such as Calvin Klein®, Cole ® ® medical eye care. Haan and Lacoste . Discounts on Lasik, sunglasses and more. ® TruHearing Eyeconic Save up to 60% on brand-name hearing aids. Eyeconic® seamlessly connects your eyewear, your insurance coverage, and the VSP® doctor network with the convenience of online shopping. Eyewear Protection Program VSP Vision Care App VSP® Vision Care will replace your broken or With VSP Vision Care App, there is a damaged frames free of charge within 12 personalized dashboard, so you can get the months from the date of purchase, when benefit information you need, exactly when you purchased from a practice location need it. participating in the VSP® Global Premier Program [ 16 ]

FLEXIBLE SPENDING ACCOUNT (FSA)

HEALTH CARE FLEXIBLE SPENDING ACCOUNT What is an FSA? • A type of account offered by your employers that allows you to set aside funds for qualified expenses • You can side aside pre-tax dollars from each paycheck • Reduce the amount you pay in taxes • Annual Election- Open Enrollment only, unless you experience a qualifying event • The annual election is divided equally by the number of pay periods Funds Rollover • Your plan includes a rollover option: o For plan year ending 9/24/23 you may rollover up to $570 of unused Health Care FSA funds o For plan year ending 9/24/24, you may rollover up to $610 of unused Health Care FSA funds • The amount you rollover does not count against your allowed 2023 maximum election • Your entire annual election (and rollover) is available to use on the 1st day of the plan year • You have until 12/23/23 to submit claims (to London Health) for reimbursement that were incurred in the prior plan year (from 9/25/22 – 9/24/23) • You can NOT enroll in the Health Care FSA if you are contributing to a spouse’s or past HSA account [ 18 ]

HEALTHCARE FSA BENEFITS Access to ALL of your Health FSA funds on your plan’s effective date! HEALTHCARE FLEXIBLE SPENDING ACCOUNT 2023 Healthcare FSA Maximum Contribution $3,050 2023 FSA Plan Year 9/25/2023 - 9/24/2024 Rollover Option For plan year ending 9/24/23 you may rollover up to $570 For plan year ending 9/24/24, you may rollover up to $610 2022 FSA Claim Submission Deadline 12/23/2023 A link with the complete list of eligible expenses can be found in the Benefit Guide [ 19 ]

LIFE AND DISABILITY

LIFE INSURANCE LIFE AND AD&D PLAN FEATURES Basic Life Coverage Amount 2x Annual Earnings to $300,000 All Full-Time employees are automatically enrolled in Basic AD&D Coverage Amount 2x Annual Earnings to $300,000 Life Insurance benefits. Basic Life and AD&D is an Employer Paid benefit. Guaranteed Issue $300,000 Age Reduction Benefit reduces by 35% at age 65 Disclaimer: IRC section 79 provides an exclusion for the first $50,000 of group-term life insurance coverage provided under a policy carried directly or indirectly by an employer. The imputed cost of coverage in excess of $50,000 must be included in income, using the IRS Premium Table, and are subject to social security and Medicare taxes [ 21 ]

DISABILITY SHORT TERM DISABILITY (STD) Benefit Percentage 66.6667% of your base weekly earnings Maximum Weekly Benefit $2,300 Benefit Payment Period Up to 13 weeks All Full-Time employees are automatically enrolled in th Disability Insurance benefits. Elimination Period Benefits begin on the 8 day for injury th STD and LTD are Employer Paid benefits. and 8 day for illness LONG TERM DISABILITY (LTD) Benefit Percentage 60% of your base monthly earnings Maximum Monthly Benefit $9,000 Maximum Benefit Period Up to SSNRA Elimination Period 90 days Pre-Existing Exclusion 3/12 Own Occupation Duration 24 months [ 22 ]

CONTRIBUTIONS

MEDICAL HMO PPO Employee Only $0 $0 Employee + Partner $139.32 $159.42 2023 Employee +Child(ren) $118.42 $135.50 BI- WEEKLY Family $257.75 $294.91 CONTRIBUTIONS DENTAL Employee Only $0 Employee + Partner $15.89 Employee +Child(ren) $15.89 Family $15.89 VISION Employee Only $0 Employee + Partner $0.59 Employee +Child(ren) $0.63 Family $1.62 [ 24 ]

NEXT STEPS

What’s Next: 1. Open Enrollment begins on 8/18 and ends on 8/25. If you are not making any changes, you do not need to take action except for your FSA elections. All other current elections will roll over into the new plan year 2. If you want to enroll in the Healthcare FSA, you will need to login to Employee Navigator and choose your annual election amount. Remember it can’t be greater than $3,050 3. Any changes will need to be made in Employee Navigator. 4. Watch your mail for your London Health Debit Card. Also, if you change plans, you will be receiving new ID cards from HPHC. 5. Your Medical and FSA elections are good for the plan year Sept 25, 2023 – Sept 24, 2024; Dental and Vision elections are good for Oct 1, 2023 – Sept 30, 2024, unless you have a qualifying event. [ 26 ]

QUESTIONS?