BB&N Open Enrollment Presentation 2025-2026

JUNE 1, 2025 – MAY 31, 2026 EMPLOYEE BENEFITS OPEN ENROLLMENT

WHAT IS OPEN ENROLLMENT?

WHAT IS OPEN • Change in marital status • Birth or adoption of a child • Change in eligibility status • Death of your spouse or dependent OPEN ENROLLMENT ELECTIONS QUALIFYING EVENTS made during open enrollment cannot be changed until the next open enrollment period, unless you have a “qualifying event” is the period of time set by BB&N that occurs annually and allows you to make changes to your benefit elections For open enrollment include: • Medical • Dental • Vision • Health FSA/ Dependent Care FSA • Life and Disability PLANS ELIGIBLE ENROLLMENT? 2025 is an active enrollment, meaning your current elections will automatically carry over if no changes are needed. Monday, May 5th – Friday, May 16th

WHAT’S NEW FOR 2025? RSI – Reimbursement model change. Pay the provider will now change to pay the member WHAT IS STAYING THE SAME? Life/Disability/Leave insurance - MetLife Rate increases will not go into effect until September (first pay date, September 12th) Dental and Vision coverage will continue to be provided by BCBS – Dental rates are not changing! Health FSA maximum increase 2025-2026 Contribution Rates Medical plan buy-out will not be offered for new employees. Only employees currently participating may continue Discounts & Pet insurance - BenefitHub Vision rates have decreased!

STATE OF THE MARKET Medical costs continue to rise year after year. We are not the exception; BB&N was dealt an increase to our medical premiums for 2025. As a member of the BB&N team, what can you do to help keep the cost of our benefit plan low? It’s important to do your part to help keep our medical costs low year over year. Be sure to schedule your annual exams! Engaging in preventive care helps your overall health and lowers your chances of a high-cost medical diagnosis. You can also visit your primary care or urgent care facilities for non-emergency care, instead of the hospital emergency rooms. Year BB&N Renewal Benchmark* Renewal 2025 16.4% 11.8% 2024 2.7% 11.3% 2023 3.2% 10.6% Average 7.4% 11.2% *Source: United Benefit Advisors/Milliman Annual Health Plan Survey

2025 – 2026 Employee Contributions The amounts listed are for full-time staff and faculty. Costs are deducted from your paycheck on a bi-weekly basis. Employee Only Bi-weekly cost Employee + One Bi-weekly cost Family Bi-weekly cost Medical – HMO $131.76 $322.52 $393.17 Medical – HMO HDP $109.60 $283.80 $327.05 Medical – PPO HDP $120.12 $311.02 $358.41 Dental $15.51 - $38.28 Vision $3.65 $6.21 $9.65 Example: An employee with family enrollment for HMO HDP, Dental, and Vision will have an annual increase of $1,151(13.4%) to payroll deductions.

MEDICAL

KEY MEDICAL TERMS P C P A Primar y Care Physician designated with your health plan who provides the first contact of care. The P C P will also provide referrals for specialist services as needed D E D U C T I B L E The amount you need to pay each year for eligible healthcare expenses before insurance payments begin C O PAY A fixed amount you pay each time you get a healthcare service [doesn’t apply to BB&N plan] 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. [doesn’t apply to BB&N plan] OUT-OF- P O C K E T MAXIMUM The m a x i m u m amount you pay each year for eligible healthcare expenses in deductible, copayments, and coinsurance [doesn’t apply to BB&N plan] A L LO W E D AMOUNT Maximum amount on which payment is based for covered healthcare services. This ma y be called “eligible expense,” “payment allowance,” or “negotiated rate.” If your provider charges more than the allowed amount, and is out of network, you ma y have to pay the difference. B A L A N C E BILLING (Out of network) Wh en a provider bills you for the difference between the provider’s charge and the allowed amount. For example, if the provider’s charge is $100 and the allowed amount is $70, the provider ma y bill you for the remaining $30. A preferred provider m a y not balance bill you for covered services.

MEDICAL PLAN OPTIONS Blue Cross Blue Shield of MA HMO Blue Cross Blue Shield of MA HMO HDP Blue Cross Blue Shield of MA PPO HDP In-Network Only In-Network Only In-Network / Out-of-Network Plan Deductible $4,500 member / $9,000 family $4,500 member / $9,000 family $4,000 member / $8,000 family BB&N Pays via RSI $4,000 member / $8,000 family $3,750 member / $7,500 family $3,000 member / $6,000 family Employee Deductible Responsibility $500 member / $1,000 family $750 member / $1,500 family $1,000 member / $2,000 family Out-of-Pocket Max $6,450 member / $12,900 family $6,450 member / $12,900 family $6,450 member / $12,900 family Preventive Visit $0 $0 $0 $0 PCP Office Visit $0 after deductible $0 after deductible $0 after deductible $0 after deductible Specialist Visit $0 after deductible $0 after deductible $0 after deductible $0 after deductible Emergency Room Visit $0 after deductible $0 after deductible $0 after deductible $0 after deductible Diagnostic Visit $0 after deductible $0 after deductible $0 after deductible $0 after deductible Imaging $0 after deductible $0 after deductible $0 after deductible $0 after deductible Inpatient Care $0 after deductible $0 after deductible $0 after deductible $0 after deductible Outpatient Care $0 after deductible $0 after deductible $0 after deductible $0 after deductible Prescription Drugs All tiers $0 Plan year Deductible June 1 – May 31 PPO HDP Plan: Please note that balance billing for the amount over allowed charges applies to all Out Of Network claims that are submitted to BCBSMA/RSI. The balance billed amounts are completely outside of the medical plan. Please refer to the medical plan certificate for more information.

BCBS Insurance with Participating Funding Arrangement (PFA) administered by RSI MEDICAL PLAN DESIGN Individual Full BCBS Deductible $4,500 - Your Deductible $500 = BB&N Pays $4,000 Two-Party & Family Full BCBS Deductible $9,000 - Your Deductible $1,000 = BB&N Pays $8,000 HMO Individual Full BCBS Deductible $4,500 - Your Deductible $750 = BB&N Pays $3,750 Two-Party & Family Full BCBS Deductible $9,000 - Your Deductible $1,500 = BB&N Pays $7,500 HMO High-Deductible Plan (HDP) BCBS HMO Member Responsibility: Per Member $500 Family Maximum $1,000 BCBS HMO HDP Member Responsibility: Per Member $750 Family Maximum $1,500

BCBS Insurance with Participating Funding Arrangement (PFA) administered by RSI MEDICAL PLAN DESIGN Individual Full BCBS Deductible $4,000 - Your Deductible $1,000 = BB&N Pays $3,000 Two-Party & Family Full BCBS Deductible $8,000 - Your Deductible $2,000 = BB&N Pays $6,000 PPO HDP Plan BCBS PPO HDP Member Responsibility: Per Member $1,000 Family Maximum $2,000

DEDUCTIBLE SERVICES BCBS HMO, HMO HDP & PPO HDP Member Responsibility: Office Visit Deductible applies Specialist Visit Deductible applies Emergency Room Deductible applies Inpatient Stay Day Surgery High Tech Imaging Deductible applies Labs & X-Rays Deductible applies

RX DRUG BENEFITS Member Responsibility Tier 1 Tier 2 Tier 3 30 Day (Retail) $0 $0 $0 90 Day (Mail Order) $0 $0 $0 • Same benefit level for HMO, HMO HDP & PPO HDP • All major pharmacies are included • Pharmacy Benefit Manager is CVS Caremark • Member uses RSI debit card to cover the full cost of covered Rx drugs

YOUR PFA WITH RSI What BCBS Does + BCBS will process your claim + Then they will notify/pay the provider + BCBS sends a weekly report to RSI on your claim + They will send an Explanation of Benefits (EOB) to you. What You Do + You or a dependent visits a provider + Show your BCBS ID Card + You pay nothing at the time of the visit; your doctor or provider will bill BCBS + Track your claims in the RSI Claims Portal for BB&N Employees + You will receive payment from RSI to pay your doctor or provider the full amount showing on the provider invoice that will be created after the provider receives the Explanation of Benefits (EOB) from BCBS. YOUR ID CARDS 2025 Benefits Guide | 14 What RSI Does + RSI receives weekly report on your claim + RSI will process the claim and will issue payment to you directly for the BB&N plan’s share of the deductible Blue Cross Blue Shield MEDICAL This is your primary health insurance card. Please show this card to all medical providers at the time of service, including pharmacists. Blue Cross Blue Shield DENTAL This is your dental insurance card. Please show this card to your dental provider at the time of service. RSI MEDICAL PAYER CARD This is your medical supplemental payer card. This card is for your personal reference only and has no commercial value. RSI DEBIT CARD This is your debit card to pay for all approved BCBS Rx medications and all qualified FSA and DCA expenses. HAVE QUESTIONS? Have a question about your Health Plan? Confused about a bill or collection notice you received from a medical provider? Need assistance talking to your medical provider about your plan? The RSI Claims Advocate for BB&N can help! Margaret Patenaude Phone: 1-855-493-9859 x6153 Email: mpatenaude@rsiadmin.com

RSI REIMBURSEMENT PROCESS (CHANGE TO PAY MEMBER)

What We Promise We’re not a call center. Our team is made up of real people, who can listen and solve complex issues for members, compassionately and swiftly. Our Health Assistants are experienced, expert assistants proficient in navigating the constantly evolving health care system. Caring, friendly and ready to support members with their healthcare. EXPERT ASSISTANTS Compassionate assistance from industry experts Member interactions with TouchCare are 100% confidential. TouchCare is HIPAA compliant and abides by strict security and confidentiality standards that ensure member information is never shared. PRIVACY IS OUR POLICY We take employee privacy extremely seriously Our Health Assistants are experienced, expert assistants proficient in navigating the constantly evolving health care system. Caring, friendly and ready to support members with their healthcare. ULIMITED ACCESS All of our convenient services, free for members

TouchCare Health Assistants ensure members never pay more than they need to for everything from medical procedures to prescriptions. Save Money Health Assistants work on behalf of members, saving them time that would have been wasted on waiting on hold with providers and carriers. Save Time Healthcare is confusing. Our Health Assistants s are locally-based and come to TouchCare with years of experience working in the healthcare system. Get Support According to our own data, around 50% of the bills that review contain an error. We’ve helped recuperate and average of $1400 per instance. Avoid Errors It can be stressful dealing with healthcare. Our goal is to work on the hard stuff, so members can focus on what really matters – feeling better. Less Stress Why ask TouchCare for help? www. t o u c h c a r e . c o m

How do We Help? We find quality doctors with all the specifications requested by members. Finding, Choosing, and Scheduling Members can get cost estimates for services in their area and compare with other facilities nearby. Cost Estimates & Comparisons We help members navigate all of their work-sponsored benefits as well as any available ancillary options. Benefit Questions and Navigation Our experts work with providers & carriers to ensure bills are accurate and members aren’t overpaying. Billing & Claims Assistance TouchCare assists with more than just medical insurance. We support ALL employee benefits including dental, vision, voluntary, FSAs, PFML/medical leave paperwork, and more.

Getting Started To open their first case, members simply need to register. Registration is easy and can be done in a few minutes through our online portal at www.touchcare.com/portal. Verify Email Complete Form Visit www.touchcare.com and click on ‘member login.’ Click new member on the sign- up page and enter your email address. Upon creating your account, you will be asked to verify your email address. Find the verification email in your inbox and click ‘verify email.’ Finally, fill out our quick intake form with your full name, DOB, and company to finish creating your profile. You’re all set! www.touchcare.com/ask www. t o u c h c a r e . c o m 1 9 1 Create an Account 2 3

DENTAL

BLUE CROSS BLUE SHIELD OF MA DENTAL BLUE FREEDOM Benefits begin on June 1st but dental benefits are provided on a calendar year basis In-Network Annual Deductible $50 member / $150 family maximum Annual Maximum Benefits $1,500 / year per person Preventive Care (Cleanings and Exams) 100% Coverage; deductible does not apply to preventive services Basic Care (Fillings, Extractions, etc.) 80% Coverage* Major Care (Crowns, Implants, Dentures) 50% Coverage* Orthodontia 100% Coverage; deductible does not apply to orthodontia services Lifetime maximum of $2,000 per family member Accumulated Maximum Rollover If your claims do not exceed $700 during the plan year, BCBS will rollover $500 towards your calendar year maximum to use next year and beyond. The rollover balance is capped at $1,250 *after deductible Benefits are reduced by 20 percent when services are received from an out-of-network dentist DENTAL PLAN

VISION

BLUE CROSS BLUE SHIELD OF MA 20/20 VISION PLAN In-Network Out-of-Network Reimbursement Eye Exam – Benefit available every 12 months $10 copay Up to $50 Frames – Benefit available every 24 months Allowance $150 allowance, then additional 20% off the balance Up to $90 Lenses & Enhancements – Benefit available every 12 months Single Vision $25 copay Up to $42 Lined Bifocal $25 copay Up to $78 Lined Trifocal Lenses $25 copay Up to $130 Standard Progressive $90 copay Up to $130 Contact Lenses – Benefit available every 12 months Conventional $150 allowance, then additional 15% off the balance Up to $120 Disposable $150 allowance Up to $120 Medically Necessary Paid in full Up to $210 VISION PLAN

FLEXIBLE SPENDING ACCOUNT (FSA)

FLEXIBLE SPENDING ACCOUNTS Annual Contribution Max $3,300 Rollover Rollover up to $660 of unused funds into the next plan year. Unused funds beyond $660 are forfeited Eligible Expenses Use funds on FSA-eligible out-of-pocket medical, dental, and vision expenses How to use Funds Use your FSA debit card at point of sale or request reimbursement with receipt through your member portal Plan Administrator Reimbursement Specialists, Inc. (RSI) Enrolling Annually The IRS requires annual re-enrollment in Flexible Spending Accounts. The funds you elect for the year are available to use the day the plan begins Healthcare FSA Dependent Care FSA FSA Benefits Annual Contribution Max $5,000 per household ($2,500 if married filing separately) Rollover Unused funds are forfeited at the end of the plan year Eligible Expenses Use funds on FSA-eligible childcare or eldercare expenses How to use Funds Request reimbursement with receipt through your member portal Plan Administrator Reimbursement Specialists, Inc. (RSI) Enrolling Annually The IRS requires annual re-enrollment in Flexible Spending Accounts. The funds you elect for the year are available to use the day the plan begins Enjoy significant tax savings with pre-tax deductible contributions and tax-free reimbursements for qualified plan expenses Quickly and easily access funds using the prepaid benefits card at point of sale, or request to have funds directly deposited to your bank account via online or mobile app Get one-click answers to benefits questions File claims easily online (when required) and let the system determine approval based on eligibility and availability of funds Stay up to date on balances and action required with automated email alerts and the convenient web portal and mobile app home page messages

BENEFITS OF AN FSA 26

LONG TERM AND SHORT TERM DISABILITY LIFE AND LONG TERM DISABILITY INSURANCE

LIFE AND AD&D INSURANCE + Employees receive 1x your salary up to $100,000 in life coverage and AD&D coverage + This benefit reduces to 67% at age 70 + BB&N covers 100% of the premium costs of Life and Accidental Death and Dismemberment Insurance through MetLife. + Employees are automatically enrolled in this coverage once they become benefits eligible. + Employees must choose a beneficiary upon eligibility. Additional employee Life insurance on an employee-paid basis is also available. This benefit is provided to all benefits-eligible employees and does not require enrollment. However, we do recommend reviewing your designated beneficiaries regularly to ensure we have the most updated information.

LONG-TERM DISABILITY Long-Term Disability (LTD) insurance provides income to workers whose earnings are interrupted by periods of disability longer than 90 consecutive days. Long-term disability refers to a condition where an individual is unable to work for an extended period due to a severe illness, injury, or medical condition. LTD insurance is designed to provide financial support to individuals who are unable to work due to such disabilities, offering a portion of their pre-disability income to help cover living expenses and medical costs during their period of incapacity. This insurance can offer peace of mind by providing a safety net for individuals and their families in the event of a long-lasting inability to work. This benefit pays 60% of your monthly salary tax-free up to $6,500 Coverage is paid for by your employer and enrollment is automatic This benefit begins paying after 90 days of disability

Employee Paid Supplemental Life Insurance Opportunity • Supplemental Life Insurance is additional Term Life insurance beyond what BB&N provides and it’s 100% employee paid (participation is voluntary) • Supplemental Life is purchased in increments of $10,000 above the BB&N provided Basic Life coverage amount (one times base salary) for faculty/staff • Employees can elect an amount up to the lesser of 5x salary or $300,000 • Most Supplemental Life coverage elected after initial eligibility requires medical questions before acceptance, i.e. Evidence of Insurability (EOI) • If you already have Supplemental Life Insurance you may elect an additional $10,000 up to a combined $120,000 of Supplemental Life without EOI • Coverage is portable if an employee leaves BB&N Employee Paid Supplemental Life Insurance Opportunity

ADDITIONAL PERKS

FINANCIAL WELLNESS Helping Employees Develop Financial Confidence Protection Planning Personal Finance Retiring Well Investment Planning Retirement Planning Estate Planning WellCentsTM : mywellcentsapp.com/login WellCentsTM is a financial wellness solution that helps employees develop financial confidence and remove barriers that prohibit them from reaching their financial goals. The program provides: + Personal financial assessments and planning guidance + One-on-one consultations with an IMA Retirement advisor focused on establishing a personalized financial plan based upon the employee’s unique financial priorities + Coordinated advice that integrates an employer’s available benefits offerings + Tailored group education meetings to address a workforce’s specific areas of interest + Mobile app for employees to complete assessments, schedule one-on- one sessions, and review action plans + Employer reporting that provides insights into a workforce’s financial challenges and measures overall wellness WellCentsTM program technology is not proprietary to IMA Retirement. This technology is offered through the RPAG platform. RPAG and IMA Retirement are separate, non-affiliated companies. IMA Retirement pays RPAG for use of their platform and resources. Questions? Please feel free to contact Ben Stein, Retirement Plan Manager.

BENEFITHUB BenefitHub’s Discount Marketplace houses “real and relevant” deals offering something for everyone. Employees can find incredible savings of up to 60% on hotels, 39% on movie tickets, 60% on apparel and more, including Pet Insurance! • To enrich the amazing discounts, over 70% of the offers provide cash back, too! Tracked in the portal for easy access and redeemable at any time. • Employees are able to easily and conveniently access their marketplace from any device. BenefitHub’s smart technology and dynamic maps use geolocation to show ‘deals near you’ for shopping on the go. • Live service is available 24/7 BenefitHub is available to all BB&N employees and family members! It’s easy to sign up and start saving today with BenefitHub! 1) Go to: bbns.benefithub.com 2) Enter referral code: 9SYQUQ 3) Complete Registration Call 1-866-664-4621 or email customercare@benefithub.com

EAP - LIFEWORKS Employee Assistance Program • Employees & Dependents have access to an array of confidential services to help you meet the challenges that life, work, and relationships bring. You have unlimited, 24/7 access to: • Information, Resources, & Referrals for family matters such as child & elder care, personal growth and emotional wellbeing • Legal Experts for issues relating to civil, personal and family law, financial matters, real estate & estate planning • Financial Experts for budgeting, financial guidance, retirement planning, buying or selling a home, tax issues Call: 1-888-319-7819 to speak with a counselor or schedule an appointment Mobile App: Search “LifeWorks” on iTunes App Store or Google Play Online: metlifeeap.lifeworks.com username: metlifeeap & password: eap

NEXT STEPS

OPEN ENROLLMENT VIRTUAL WEBINARS: • Tuesday, May 13th 3pm – 4pm (Zoom) • Thursday, May 15th 3pm – 4pm (Zoom) OPEN ENROLLMENT BEGINS! MAY 5th – MAY 16th Feel free to join any of the scheduled events we have listed below! OPEN ENROLLMENT SCHEDULE ON CAMPUS OFFICE HOURS: • Lower School (Bridgman): Monday, May 12th 11am – 12:15pm • Upper School Commons (Room 133): Tuesday, May 13th 11:30am – 12:15pm • Middle School (Room 007): Wednesday, May 14th 11:45am – 12:25pm

Next Steps Continue on the same BB&N insurance plan with the same individual or family coverage… Re-elect via ADP Changing medical plans, the number of people covered, or opting out of the BB&N plan altogether? Re-elect with your changes via ADP To participate or continue to participate in the Flexible Savings Account (Health and Dependent Care)… Enroll via ADP We recommend logging into ADP to review your elections so that no mistakes are made: Medical, Dental, Vision, Healthcare FSA, Dependent Care FSA, Supplemental Life Insurance. Enrollment Deadline: FRIDAY, MAY 16TH

QUESTIONS?