2017 GLATFELTER BENEFITS

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1 Looking ahead to a future rooted in good health GLATFELTER BENEFITS U.S.- based Salaried and Fremont Non-union Hourly Employees

2 The Glatfelter Compass Our Vision is to become the global supplier of choice in specialty papers and engineered products. Core Values Integrity Financial Discipline Mutual Respect Customer Focus Environmental Responsibility Social Responsibility Our Safety Mission Injury Free Every Day! 2

3 Today s Agenda Annual Open Enrollment 2017 Healthcare Plan Review Health Savings Accounts Wellness Program Healthcare Scenarios Other Benefits 3

4 Open Enrollment 2017 This is the one time of year that you can make plan changes This is a passive enrollment 2016 elections will be carried forward to 2017 except for Flexible Spending Accounts You may elect contributions to your HSA at anytime 4

5 2017 MEDICAL AND PRESCRIPTION PLANS 5

6 Key Plan Features Network Coverage PPO and CDHP provide out-ofnetwork coverage PCP and GFMC do not Deductibles, Co-insurance, Maximum Out of Pocket Coverage levels vary across the plans Employees encouraged to review plan provisions Preventive Care All plans cover 100% (required by law) Examples: wellness checks, child immunizations Spending Accounts Only CDHP provides Health Spending Account All other plans allow for Flexible Spending Accounts 6

7 2017 Healthcare Plans At a Glance Plan Design PPO PCP GFMC CDH-Premier CDH-Basic Deductible Single $800 $300 $400 $1,300 $2,500 Two Person $1,600 $600 $800 $2,600 $5,000 Family $2,400 $900 $1,200 $2,600 $5,000 OOP Annual Limit Medical Rx Medical Rx Medical Rx Medical Rx Medical Rx Single $2,800 $4,050 $2,400 $4,450 $2,400 $4,200 $3,000 Included $5,000 Included Two Person $6,000 $7,700 $4,800 $8,900 $4,800 $8,400 $6,000 Included $10,000 Included Family $6,000 $7,700 $4,800 $8,900 $4,800 $8,400 $6,000 Included $10,000 Included Coinsurance 20% 20% 20% 10% 10% Office Visits Primary Care $30 $20 $20 10% after deductible 10% after deductible Specialist $60 $50 $50 10% after deductible 10% after deductible Prescriptions Generic $10 / $25 $10 / $25 $5 / $10 $10 / $25 $10 / $25 Formulary 25% 25% $15 / $30 25% 25% Non-Formulary 35% 35% 35% 35% 35% 7

8 Family Plan Example Which is right for you? Annual Cost of Coverage PPO PCP GFMC CDH-P CDH-B Payroll Deductions $11,105 $8,391 $8,559 $7,577 $6,200 HSA Contributions ($1,800) ($1,800) Net Cost of Coverage $11,505 $8,391 $8,559 $5,777 $4,400 Cost of Usage Maximum OOP Medical $6,000 $4,800 $4,800 $6,000 $10,000 Maximum OOP Rx $7,700 $8,900 $8,400 Included Included Total Maximum OOP $13,700 $13,700 $13,200 $6,000 $10,000 Coverage + Usage $24,805 $22,091 $21,759 $11,777 $14,400 Key Considerations Deductible $2,400 $900 $1,200 $2,600 $5,000 Coinsurance 80 / / / / / 10 8

9 How the CDHP Works Plan Pays 100% Employee must pay deductible before plan provides additional benefits Preventive Care Out of Pocket Maximum 90% Coinsurance Annual Deductible Health Savings Account Plan then pays 90% coinsurance once the deductible has been met Plans then pays 100% once the out of pocket maximum is met Plan pays 100% of preventive care Health Savings Account may be used to cover expenses 9

10 Looking ahead to a future rooted in good health. Health Savings Accounts Contributions are triple-tax advantaged Employee contributions are tax free Interest on accounts is tax free Withdrawals are tax free if used for qualified healthcare expenses Savings may be used into retirement IRS Limits Glatfelter Base Glatfelter Wellness Your Maximum Contributions Catch up Age 55+ Individual $3,400 $600 $300 $2,500 $1,000 Family $6,750 $1,200 $600 $4,950 $1,000 10

11 WELLNESS PROGRAM 11

12 Wellness Program Carewise Health has exited the wellness program industry The wellness track will be the only path to earn an incentive in 2017 Effective January 1, 2017, you can self report your wellness activities on the benefits enrollment site or by contacting the Benefits Service Center Requirements must be completed and reported on or before June 30, 2017 to be eligible for the incentive Must be actively employed in August to receive incentive Employees who do not complete their Wellness activities: CDHP enrollees will not receive the HSA wellness incentive contribution All other enrollees will have an increase to their medical payroll deduction effective August 1,

13 Tobacco User Surcharge $180 per year surcharge added to your medical plan premium (prorated per pay) Does not apply to dependents including spouses Self-identify as tobacco product user on enrollment website Employees may update tobacco user status at any time by contacting the Glatfelter Benefits Service Center. Tobacco Cessation is free! Medications Support is available through EAP 13

14 Spousal Surcharge If your spouse has healthcare coverage through his or her employer, but you choose to enroll him/her in the GLT medical plan a surcharge of $200 per month will be assessed. This does not apply to your non-working spouse or if your spouse does not have coverage through his or her employer. Does not apply to your dependent children. Does not apply to dental or vision coverage. 14

15 HOW DO YOU USE HEALTHCARE? 15

16 Plan Comparison Scenario Mary is age 45 and married and covers her two healthy daughters Mary pays for: PPO PCP GFMC CDH-P CDH-B Annual medical premiums $11,105 $8,391 $8,559 $7,577 $6,200 Annual preventive visits $0 $0 $0 $0 $0 One office visit $30 $20 $20 $95 $95 Four specialist visits $240 $200 $200 $500 $500 Two generic prescriptions $200 $200 $80 $204 $204 Total Healthcare Expenses $11,575 $8,811 $8,859 $8,376 $6,999 Glatfelter Contributions to HSA $0 $0 $0 $1,800 $1,800 Mary s use of HSA Funds $799 $799 HSA Remaining Funds $1,001 $1,001 Mary s Total Annual Cost $11,575 $8,411 $8,541 $7,577 $6,200 16

17 Plan Comparison Scenario Tom is 24 and unmarried Tom pays for: PPO PCP GFMC CDH-P CDH-B Annual medical premiums $2,776 $2,098 $2,140 $1,894 $1,550 Annual preventive visits $0 $0 $0 $0 $0 One office visit $30 $20 $20 $95 $95 One generic prescription $10 $10 $5 $11 $11 Total Healthcare Expenses $2,816 $2,128 $2,165 $2,000 $1,656 Glatfelter Contributions to HSA $0 $0 $0 $900 $900 Tom s use of HSA Funds $106 $106 HSA Remaining Funds $794 $794 Tom s Total Annual Cost $2,816 $2,128 $2,165 $1,894 $1,550 17

18 Plan Comparison Scenario Joe is 30 years old and unmarried Joe pays for: PPO PCP GFMC CDH-P CDH-B Annual medical premiums $2,776 $2,098 $2,140 $1,894 $1,550 One hospital admission $1,640 $635 $860 $1670 $2750 One MRI $240 $120 $240 $120 $120 One office visit $30 $20 $20 $95 $95 Three specialist visits $180 $120 $150 $375 $375 Six outpatient therapy visits $360 $300 $300 $720 $720 One generic prescription $10 $10 $5 $20 $20 Total Healthcare Expenses $5,236 $3,303 $3,715 $4,894 $5,630 Glatfelter Contributions to HSA $0 $0 $0 $900 $900 Joe s use of HSA Funds $900 $900 HSA Remaining Funds $0 $0 Joe s Total Annual Cost $5,236 $3,303 $3,715 $3,994 $4,730 18

19 Other Benefits Benefit Changes Dental No changes Vision Flexible Spending Account No change to VSP No change to NVA No changes Optional Term Life No changes Optional Dependent Term Life No change to spouse or children coverage 19

20 How to Enroll Go to: to make changes and FSA elections. If you need assistance during enrollment, contact: Glatfelter Benefits Service Center PAPER ( ) 8 AM 5:30 PM, EST Enroll November 8-November 22 20