Local 777 Members
Topics for Today
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■ Open Enrollment Process and Resources
■ What’s New
■ Health Care Benefits
– Medical Options
– Prescription Coverage
– Health Savings Account (HSA)
– Flexible Spending Accounts (FSA)
– Health Care Contribution
– Vision Plans
– Dental Plans
■ HealthyLiving
■ Other Benefits
– Life Insurance
– Long-Term Disability
– Life Resources EAP
– Voluntary Benefits
■ Questions?
Open Enrollment for 2020 Benefits
Open Enrollment Process and Resources
3Open Enrollment for 2020 Benefits
General Information
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■ Open enrollment is October 14 – October 28, closing at 5 p.m.
■ You MUST TAKE ACTION if you are: – Adding or removing dependents (must contact HR Service Center to add)
– Changing any plan elections
– Contributing to an HSA or FSA
– Wanting to receive your employer healthcare contribution differently than the default
Open Enrollment for 2020 Benefits
The Process
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DateGo to MyFirstRewards.com then log onto the Open Enrollment tool:
Oct 7-28
Review your current 2019 benefits selectionsLearn more about your 2020 benefit plan options■ Review your personalized enrollment worksheet for 2020■ Review benefit plan rates
Oct 14-28Make your elections for 2020 benefitsReview and save your confirmation statement
Jan 1 Coverage is effective
Open Enrollment for 2020 Benefits
Resources
■ Open Enrollment Presentation– Attend an Employee Meeting– View a Presentation Online– Watch an On-Demand Presentation
■ Compare your Medical Plan Options
■ Compare Drug Coverage and Cost
■ Learn more about the HSA
■ Consider Enrollment in a FSA
Open Enrollment for 2020 Benefits 6
www.MyFirstRewards.com
What’s New?
7Open Enrollment for 2020 Benefits
What’s New for 2020?
Medical Deductible
■ Consumer plan deductibles will increase in order to meet IRS requirements
Health Savings Account (HSA) and Flexible Spending Account (FSA)
■ Annual maximum contribution limits for HSA and FSA plans will increase
Basic Vision
■ Employees will be provided Basic Vision plan coverage, unless Supplemental Vision is elected. The Basic Vision plan has no premium
Open Enrollment for 2020 Benefits 8
Health Care Benefits
9Open Enrollment for 2020 Benefits
2020 Medical Plan Options
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(all plans include Rx)
*Out-of-network plan design can be located at www.MyFirstRewards.com
Open Enrollment for 2020 Benefits
Consumer HDHP
In-Network*
Deductible (Single / Family)
Type of Deductible
$2,800 / $5,600Combined Medical/Rx deductible
Embedded
Coinsurance (FirstEnergy / You) - After deductible
80% / 20%
Out-of-Pocket Maximums(OOP Max)(includes deductible & coinsurance)Type of OOP Max
$5,500 / $11,000Combined Medical/Rx OOP Max
Embedded
Preventive/Wellness Care 100%
Emergency Room Visit20% after deductible; $250 copay if not true
emergency
Annual Premium
Employee: $0Employee + Child(ren): $0
Employee + Spouse/DP: $0Family: $0
Other
Eligible for HSA Yes
Eligible for Health Care FSA No
Eligible for Limited FSA (dental/vision only)
Yes
Local 777 members are offered the
FirstEnergy Consumer HDHP in
addition to the healthcare plans
offered by the union.
Elect the Consumer HDHP through FE’s Open Enrollment or
elect a union-sponsored plan
through the union.
Where to Get Care
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Emergency Room
$1,404
Emergency Room Urgent CareDoctor’sOffice
RetailClinic
LiveHealthOnline
$1,636 $147 $105 $82 $59
• This information is from the Be A Better Health Care Consumer series which contains helpful tips, tools and resources for health care consumer decisions.
• Details can be found at www.MyFirstRewards.com/BetterConsumer
Open Enrollment for 2020 Benefits
Prescription Drug Options
Open Enrollment for 2020 Benefits 12
*In addition to coinsurance, participant will also be responsible for difference in cost between generic & brand drug if the participant does not choose to fill script with available generic.The brand penalty does not count towards the deductible and out-of-pocket maximum. **If you choose a brand that has a formulary equivalent (Primary Drug List), you will pay the brand coinsurance.Out-of-network plan design can be located at www.MyFirstRewards.com
Consumer HDHP
Generic Drug Rule Yes*
Retail (up to 30-day supply with one refill)
Annual deductible (Individual / Family)$2,800 / $5,600
Combined Medical/Rx deductible
Coinsurance (FirstEnergy / You) 80% / 20%
Generic Coinsurance 20%
Primary Coinsurance (if no Generic is available) 20%
Brand Coinsurance** 20%
Maximum coinsurance per Rx No maximum
Mail Order (up to 90-day supply with three refills)
Annual deductible (Individual / Family)$2,800 / $5,600
Combined Medical/Rx deductible
Coinsurance (FirstEnergy / You) 80% / 20%
Generic Coinsurance 20%
Primary Coinsurance (if no Generic is available) 20%
Brand Coinsurance** 20%
Maximum coinsurance per Rx No maximum
Specialty (up to 30-day supply – must use Caremark Specialty Pharmacy)
Annual deductible (Individual / Family)$2,800 / $5,600
Combined Medical/Rx deductible
Generic Coinsurance 20%
Preferred Coinsurance 20%
Non-Preferred Coinsurance 20%
Maximum coinsurance per Rx No maximum
Annual Out-of-Pocket Maximum (OOP Max)
In-Network (Individual/Family)$5,500 / $11,00
Combined Medical/Rx OOP Max
Local 777 members are offered the FirstEnergy
Consumer HDHP in addition to the
healthcare plans offered by the union.
Elect the Consumer HDHP through FE’s Open Enrollment or
elect a union-sponsored plan through
the union.
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Medical/Prescription Drug RatesPre-tax contributions
Open Enrollment for 2020 Benefits
Weekly – Full Time Consumer HDHP
Employee $0
Employee + Child(ren) $0
Employee + Spouse/ Domestic Partner
$0
Family $0
What is an HSA?
■ Health savings account (HSA) – allows you to set aside pre-tax dollars to pay for out-of-pocket health care expenses
– Interest-bearing health savings account like a 401(k) for health care-related expenses
■ HSAs are portable
– Individual account in your name – take it with you when you leave or retire
■ No “use it or lose it” rule
■ HSA can be used:
– For qualified expenses including medical, prescription drug, dental and vision
– For you, your spouse or generally any dependent claimed on your tax return
– Now or later (great vehicle for future health care)
■ For more information on HSAs, visit:
– IRS Publication 502 and 969
– www.healthequity.com/firstenergy
Open Enrollment for 2020 Benefits 14
HSA Enrollment
■ Elect a HDHP medical plan during open enrollment
– An HSA will be opened automatically for you upon first-time enrollment
■ You cannot:
– Have other medical coverage, such as
– A spouse’s health plan (unless the coverage is a HDHP)
– Medicare or TRICARE
– Health Care FSA (the employee or spouse)
– Be claimed as a dependent on someone else’s tax return
– Have received veterans’ benefits within the last 3 months
Open Enrollment for 2020 Benefits 15
NOTE: There are important rules regarding Medicare and HSAs. Contact HealthEquity for guidance.
HSA Employee Contributions
■ Can be made through pre-tax payroll deductions or post-tax contributions
■ Payroll deductions are divided equally between number of pay periods in year
■ Total annual HSA contribution election is NOT available on Jan 1st
■ Can change your contribution amount at any time
Open Enrollment for 2020 Benefits 16
1. Employer and employee contributions count toward the maximum HSA contribution limit.
2. If you are turning 55 or older in 2020, you are permitted to contribute an additional $1,000 Catch-up Contribution. This contribution does not count toward the above limits.
Flexible Spending AccountsMandatory enrollment required
■ You can use FSA funds for you, your spouse and generally any dependent(s) you claim on taxes.
■ View IRS Publication 969 for details.
Open Enrollment for 2020 Benefits 17
Health Care FSA
Limited Health Care FSA
Dependent Care FSA
Who is eligibleEmployees NOT
enrolled in a HDHP medical plan
Employees enrolled in a HDHP medical plan
Anyone that has the below expenses
Eligible expenses
MedicalPrescription
DentalVision
DentalVision
Daycare, before & after school care for children under age 13 and Elder
care
Annual limit $2,700 $2,700 $5,000
Can incur claims Through Dec 31, 2020 Through Dec 31, 2020 Through Mar 15, 2021
Claims submission deadline
Mar 31, 2021 Mar 31, 2021 Jun 30, 2021
Eligible to carryover up to $500 to 2021
Yes Yes No
FirstEnergy Health Care ContributionHSA, 401(k), or taxable cash payment
■ To help you save now for future retiree health care expenses, FirstEnergy will provide you with a lump sum health care contribution
■ Who is eligible?
– Employees actively at work
– Regular part-time and full-time employees
– Employees on sick leave and/or Extended Disability
– Employees who are eligible for benefits on Jan. 1, 2020
Open Enrollment for 2020 Benefits 18
Based on medical plan and tier as of Jan 1, 2020
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FirstEnergy Health Care Contribution
Consumer HDHP
Union Opt-out Medical
Waive FirstEnergy & Opt-out Medical
HSA$500 single $1000 two-
person/family
401(k) or Cash
$500 single$1000 two-
person/family
401(k) or Cash$500
Contributions will be received in January 2020
ACTION REQUIRED by October 28 in the OE tool if
you want to receive the taxable cash payment.
ACTION REQUIRED by October 28 in the OE tool if
you want to receive the taxable cash payment.
ACTION REQUIRED by October 28 in the OE tool if
you want to receive the taxable cash payment or
401(k) contribution.
Open Enrollment for 2020 Benefits
Vision Options
FirstEnergy offers two vision options:
1. Basic Vision
2. Supplemental Vision– Electing single coverage on the Supplemental Vision plan will eliminate the Basic
Vision option for any dependents
– Ex: Joe has elected the Consumer HDHP for family coverage, but elects single coverage on the Supplemental Vision. The Basic Vision plan will not be available to his family.
2020Open Enrollment for 2020 Benefits – Non-Bargaining Employees 20
NOTE: Your VSP identification number is your SAP number with leading zeros to make a nine-digit number. Example: 000002345
If you do not enroll in the Supplemental Vision plan, you and your family members will be automatically enrolled in the Basic Vision plan at no cost, regardless if you elect medical plan.
Vision Options
Open Enrollment for 2020 Benefits 21
Under the Supplemental Vision plan, a $25 copay applies to prescription glasses or contacts.
Basic Vision Supplemental Vision
Exam
In-Network$50 copay
With purchase of complete pair of glasses$10 copay
Out-of-Network Not covered Reimbursed up to $45
Frames With purchase of complete pair of glasses
In-Network 25% discount$160 retail frame allowance
(all manufacturers)
Out-of-Network Not covered Reimburse up to $70
Lens & Lens Options With purchase of complete pair of glasses
In-NetworkSingle: $40 copayBifocal: $60 copay
Trifocal/Lenticular: $75 copay
$0 copay - standard progressive lenses$25 copay – premium & custom progressive lenses
$25 copay - anti-reflective lenses
Out-of-Network Not covered
Single vision – reimburse up to $30Bifocal lenses – reimburse up to $50Trifocal lenses – reimburse up to $65
Lenticular Lenses – reimburse up to $100
Contacts (instead of glasses)
In-Network15% discount on exam only(no discount on materials)
Elective – $160 allowanceMedically necessary – covered in full
(must be pre-approved)
Out-of-Network Not coveredElective – reimburse up to $105
Medically necessary -– reimburse up to $210
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Supplemental Vision RatesFull- and part-time pre-tax contributions
■ Your 2019 Supplemental Vision election will continue into 2020 if you make no changes during open enrollment.
■ No premium increase for 2020.
Open Enrollment for 2020 Benefits
Weekly EmployeeEmployee + Child(ren)
Employee + Spouse/Domestic
PartnerFamily
Employee Cost $4.19 $8.77 $8.37 $12.24
Dental Options
Open Enrollment for 2020 Benefits 23
Basic Plan Plus Plan
In Network Out of Network In Network Out of Network
Deductible $100 / $300 $200 / $600 $50 / $150 $100 / $300
Annual x-ray, 2 cleanings/exams
(coinsurance only – not subject to deductible)
100% / 0%FirstEnergy % / your %
80% / 20%FirstEnergy % / your %
100% / 0%FirstEnergy % / your %
80% / 20%FirstEnergy % / your %
Basic Restorative (your %)
50% 70% 20% 40%
Major Restorative (your %)
75% Not Covered 50% 70%
Orthodontia
Benefit $Eligibility
Not Covered Not Covered$1,500 lifetime maxOnly children up to
age 19
$1,500 lifetime maxOnly children up to
age 19
Calendar Year Maximum Benefit Plan Pays (excludes ortho)
$1,000 per person $1,000 per person $2,000 per person $2,000 per person
Dental RatesFull- and part-time pre-tax contributions
■ Rates increased 3.7% from 2019.
■ Your 2019 dental election will continue into 2020 if you make no changes during open enrollment.
Open Enrollment for 2020 Benefits 24
Basic Plan
Employee CostEmployee
Employee + Child(ren)
Employee + Spouse/Domestic
PartnerFamily
Weekly $4.41 $11.02 $8.89 $17.35
Plus Plan
Employee CostEmployee
Employee + Child(ren)
Employee + Spouse/Domestic
PartnerFamily
Weekly $7.67 $20.24 $15.38 $31.18
25Open Enrollment for 2020 Benefits
HealthyLiving Wellness Program
■ Who is eligible?
– Full and part-time employees
– Spouses/domestic partners enrolled in aFirstEnergy or union-sponsored medical plan
■ Components:
– Year-round wellness program administered by RedBrick Health
– Convenient, on-the-go access through the RedBrick Health mobile app
– Earn dollars for healthy results and as you complete healthy activities - the more you do, the more you earn
– Redeem rewards as you earn them, numerous reward options
Open Enrollment for 2020 Benefits 26
The purpose of the HealthyLiving Wellness Program is to encourage and reward employees for improving or maintaining their total well-being.
The HealthyLiving Program is free, voluntary, confidential, and secure. Visit Home.RedBrickHealth.com/Privacy for more information.
HealthyLiving Rewards
■ Who can earn rewards
– Employees are eligible for up to $600
– Eligible spouses/domestic partners are eligible to earn up to $200
■ Earn rewards July 1 through June 30
Open Enrollment for 2020 Benefits 27
Health Assessment is the only required activity to earn rewards
Rewards not redeemed by Jun. 30 will default to HSA (for those enrolled in Consumer HDHP or Enhanced HDHP) or to the 401(k) Savings Plan for everyone else.
Reward option Timing of payout Taxable
HSAOnly for those enrolled in the Consumer or Enhanced
HDHP
By the end of the month following reward redemption
No
401(k) By the end of the month following reward redemption
No
Cash By the end of the month following reward redemption
Yes
Gift card Immediate Yes
Charitable donation Immediate Yes
Your HealthyLiving Account
Open Enrollment for 2020 Benefits 28
Register and stay connected to the program with the RedBrick mobile app or the HealthyLiving website
Register and stay connected to the program with the RedBrick mobile app or the HealthyLiving website
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Life InsuranceLong-Term Disability
Life Resources EAPVoluntary Benefits
Open Enrollment for 2020 Benefits
Group Life Insurance PlanBasic Life and Supplemental Life
Basic Life
■ Automatically enrolled in 1x your annual base pay
■ Company paid benefit
Supplemental Life
■ Can increase benefit one tier each open enrollment
– Must be actively at work on January 1, 2020 for any increase to take effect
■ No rate change for 2020
Open Enrollment for 2020 Benefits 30
NOTE: Premiums for supplemental life insurance change when your pay changes or when you move into a new age bracket.
Group Life Insurance PlanDependent Life
■ Children eligible until age 26, regardless of their student status
■ Domestic partners eligible for Dependent Life coverage
■ Spouse/domestic partner must complete a statement of health for all increased levels of coverage
– Must be actively at work on January 1, 2020 for any increase to take effect
■ No rate change for 2020
Open Enrollment for 2020 Benefits 31
Coverage tierSpouse
Coverage amount Child
Coverage amount Monthly premium
Tier 1 $10,000 $5,000 $2.39
Tier 2 $20,000 $10,000 $4.68
Tier 3 $40,000 $20,000 $9.36
Tier 4 $60,000 $20,000 $13.39
Tier 5 $80,000 $20,000 $17.61
Tier 6 $100,000 $20,000 $21.83
Health Questions
■ Certain life insurance elections require health questions, a statement of health or medical evidence of insurability
■ Required for:
– Supplemental life for first time elections and any elections greater than $1 million
– Dependent life for all increased levels of coverage for spouses and domestic partners only
■ MetLife will reach out to you (or your spouse/domestic partner) after Open Enrollment if required
■ Forms not completed by the deadline will not receive the elected coverage
Open Enrollment for 2020 Benefits 32
Group Life Insurance PlanAccidental Death & Dismemberment
■ May elect 1x to 10x annual base pay; $3 million maximum
– Must be actively at work in order for an increase in benefit to become effective
■ Provides coverage for death, loss of limb or loss of sight as a result of an accident
■ Coverage tiers include:
– Employee only
– Employee & Spouse/Domestic Partner
– Employee & Children
– Family
■ Rates increase for 2020 – review your coverage and rates in the open enrollment tool
Open Enrollment for 2020 Benefits 33
Long-Term DisabilityEligible if hired after Jan. 1, 2006
■ The LTD plan protects you and your family if you become disabled by continuing a portion of your income until you no longer meet the eligibility requirements.
■ LTD benefits are payable after a 6 month elimination period
Open Enrollment for 2020 Benefits 34
Basic LTD Supplemental LTD
Coverage 50% Annual Base Pay Up to 66 2/3% Annual Base Pay
Cost No Employee Contribution $.342 per $100 of coverage
Life Resources EAP
■ Confidential support, information and referral service
– Tools and resources designed to help you and your household members find solutions to issues that come your way
■ Up to 5 free professional counselor visits per issue per year
■ 24/7 assistance is available via phone, in-person and video counseling
■ A short introductory video that highlights the many resources available through the program can be found at www.MyFirstRewards.com > Employee Benefits > Life Resources (EAP) Program.
■ Program offers assistance with issues including but not limited to:
Open Enrollment for 2020 Benefits 35
LIFE RESOURCES EAP1-888-745-0714
www.firstenergycorp.com/liferesources
Voluntary Benefits
■ Programs include:Enroll anytime
– Auto and home insurance
– Identity Theft Protection
– Pet Insurance
Enroll Oct 14-28
– Accident Insurance
– Critical Illness Insurance
– Hospital Indemnity Insurance
■ Why participate in the program?
– Group discounts
– Special offers for FirstEnergy employees
– Convenience of payroll deduction
Open Enrollment for 2020 Benefits 36
MERCER866-795-0156
www.firstenergyvoluntarybenefits.com
Employee discounts also available
Keep Beneficiaries Up To Date
Open Enrollment for 2020 Benefits 37
Keeping your beneficiaries up to date is important.Verify or update your beneficiaries by using the information below:
Keeping your beneficiaries up to date is important.Verify or update your beneficiaries by using the information below:
Benefit Website Phone
Life insurance www.metlife.com/mybenefits 866-492-6983
Health Savings Account
www.healthequity.com/firstenergy(Documents & Forms section)
877-713-7712
Pensionwww.MyFirstRewards.com(Retirement & Savings > Pension Plan)
401(k) Savings Plan www.netbenefits.com 800-982-3451
Do You Have a Benefits Question?
If so, you can:
■ Visit www.MyFirstRewards.com
■ Call the benefit partner or visit its website
■ Contact the HR Service Center
– 1-800-543-4654
Open Enrollment for 2020 Benefits 38
39Open Enrollment for 2020 Benefits