SPECIAL for 2022
ESG offers one medical plan, insured through Medica, with three distinct networks to choose from. Deductibles, copays, and out of pocket maximums are the same regardless of the network chosen. Your monthly premiums vary, however, between networks.
Refer to your Benefit Guide or to Medica's Summary of Benefits & Coverage for additional detail.
ESG offers a dental plan, insured by Delta Dental of MN, with the largest dental provider network in Minnesota and the United States. The plan utilizes two Delta Dental network options and provides you with the freedom to see any dentist you choose. Plan Option 1 gives you the potential for the highest level of benefits if you utilize a dentist in Delta's PPO Network. Plan Option 2 utilizes Delta's Premier Network. If you choose to seek care outside of either of Delta's networks, you may have higher out of pocket costs.
Refer to your Benefit Guide or to Delta's Benefit Summary for additional detail.
ESG's voluntary vision plan through EyeMed provides coverage for prescription glasses and contact lenses, as well as other vision-related items.
How the Plan Works
Eyemed's Insight network offers access to a large variety of providers; using an in-network provider increases your discounts for services. This plan provides coverage for materials and hardware only. Coverage for vision exams are provided as a preventive service through your medical plan.
The Health Care and Dependent Care Flexible Spending Accounts (FSA) allow you to set aside pre-tax dollars to pay for eligible expenses. By contributing to one or both of the Flexible Spending Accounts you reduce your taxable income, so you pay less in taxes, which saves you money.
The election you make during enrollment is your election for the entire plan year. You may change it only if you have a qualifying life event and the change request must be consistent with the event.
You may contribute as follows:
Health Care FSA
Dependent Care FSA
How the Plan Works
You must incur your eligible expenses during the plan year — January 1 to December 31. An expense is considered to be incurred when the service is performed, not when you are billed or pay for the service. You do, however, have until March 31st annually to file your claims. Any funds after March 31 unclaimed will be forfeited.
ESG provides regular employees working 20 or more hours per week with basic term life and accidental death and dismemberment (AD&D) coverage at no cost to you.
The life benefit is payable to your designated beneficiary in the event of your death equal to 1x annual base salary to a maximum of $50,000. AD&D benefits are payable to you in the event of a dismemberment or an additional benefit is payable to your beneficiary if your death is the result of an accident.
Who's Your Beneficiary? Naming a beneficiary is a crucial part of electing life insurance. Also, don't forget to update your primary or secondary beneficiary if you experience a life event, such as marriage, divorce, or birth of a child.
Employees have the option to purchase additional Voluntary Term Life and Accidental Death & Dismemberment (AD&D) Insurance through Sun Life to complement the Life plan provided by ESG. Coverage can be purchased for yourself, spouse, and dependent children and is paid for through payroll deductions.
Coverage for employees is purchased in $10,000 increments up to a maximum of $500,000, spouses in increments of $5,000 up to a maximum of $250,000, and dependent children a flat amount of $1,000, $5,000, or $10,000 for all eligible children.
This plan has a guarantee issue limit. When first eligible, employees can purchase coverage up to $100,000 without having to provide health history. Spouses have a guarantee issues limit of $25,000. All amounts for children are guaranteed when first eligible.
Who's Your Beneficiary? Naming a beneficiary is a crucial part of electing life insurance. Also, don't forget to update your primary or secondary beneficiary if you experience a life event, such as a divorce or birth of a child.
Disability Insurance through Sun Life pays you a benefit if you have a covered disability that keeps you from working. As long as you remain disabled, you can continue to receive benefits. This insurance may cover a variety of conditions and injuries -- but it does not cover pre-existing conditions.
Short Term Disability is provided by ESG. Benefits begin after a 7 day elimination period and pays 66.67% of pre-disability earnings up to a weekly maximum of $1,300.
Long Term Disability is provided by Sun Life. Benefits begin after a 60 day wait, pays a benefit equal to 60% of earnings up to a monthly maximum of $8,000.