Family Wellness Benchmark

1. Family Wellness Benchmark Plan
2. Benchmark Family Medicine

If you already have a primary care doctor, Benchmark Urgent & Family Care is not a replacement for an ongoing care relationship, but we are there when access to your doctor may be limited. We will also work to coordinate your care with your doctor. Mercer’s National Survey of Employer-Sponsored Health Plans February 19, 2013 3 About the survey • Now in its 27th year, the survey was established in 1986 • A national probability sample has been used since 1993.

Your Vanguard benefits are an important piece of your overall Total Rewards package. In addition to your salary, Partnership, retirement benefits, life insurance, and other benefits offerings, Vanguard provides benefits-eligible crew members and their dependents with medical, prescription, dental, and vision coverage options that are superior to the coverage offerings provided by other employers. Benefits cost The cost of each benefit (medical/prescription, dental, and vision) and coverage category (crew member only, crew member with spouse/domestic partner and two children, etc.) is determined annually. In order to determine the cost or 'premium' paid by the crew member, Vanguard establishes a percent of the gross costs that the company will pay. Download the itunes 10.1 update for mac. We refer to Vanguard's share of the gross cost as our subsidy. The difference is then paid by the crew member in the form of paycheck contributions.

We also look beyond premiums to the total cost a crew member pays for medical and prescription drugs in a year. To keep your out-of-pocket costs low, the Vanguard medical plans have been designed to offer a generous level of coverage and an annual contribution to a health fund account to offset costs. Vanguard pays the greatest share of the costs.

For 2019, Vanguard will continue to subsidize 86% of the premium costs. This supports our overall contribution strategy to subsidize the medical plans above benchmark, when compared to our corporate peer groups, which subsidize 70% on average. Benchmarking Vanguard's benefits The charts below compare the average biweekly cost, in-network deductibles, out-of-pocket maximums, and health fund account contributions for medical and prescription drug coverage at other large national companies, according to the most recent Mercer Human Resource Consulting's National Survey of Employer-Sponsored Health Plans 2017.

Family Wellness Benchmark Plan

For comparison purposes, Vanguard crew members' 2017 through 2019 contributions are shown at far right. Biweekly employee contributions for medical coverage of full-time crew members Coverage Plan Large companies 2017 Vanguard 2017 Vanguard 2018 Vanguard 2019 Individual Aetna HealthFund $950/$1,900 $50.31 $27 $28 $29.12 HDHP $38.31 $14 $14 $14.56 Family (crew member + spouse + two children) Aetna HealthFund $950/$1,900 $179.54 $138 $144 $149.76 HDHP $146.77 $77 $80 $83.20 The next two charts show what a crew member enrolled in the Aetna HealthFund $950/$1,900 or HDHP could expect to pay in deductibles and out-of-pocket maximums compared to similar plans elsewhere. In addition to the medical plan components listed below, the Vanguard medical plans offer crew low coinsurance levels. Median out-of-pocket maximums for in-network services HealthFund $950/$1,900 Coverage Large companies 2017 Vanguard 2017–2019 Individual $4,000 $1,900 Family $7,600 $3,800 HDHP Coverage Large companies 2017 Vanguard 2017–2019 Individual $3,500 $3,500 Family $7,000 $7,000 These costs do not take into consideration Vanguard's contribution to the health fund accounts ($300 individual/$600 family to the HRA for those enrolled in the Aetna HealthFund; $600 individual/$1,200 family to the HSA for those enrolled in the HDHP). Vanguard also provides you with the opportunity to receive additional contributions to your health fund account (up to $500 individual/$1,000 family) by participating in the. Vanguard's total health fund contribution exceeds the median contribution from other larger employers. Median employer health fund account contribution HealthFund $950/$1,900 Coverage Large companies Vanguard Individual $600 $800 Family $1,200 $1,600 HDHP Coverage Large companies Vanguard Individual $500 $1,100 Family $1,000 $2,200 How much do I pay for coverage?

Benchmark Family Medicine

The 2019 net payroll contributions for Vanguard's medical plan options are shown in. All medical plans include prescription drug coverage. Crew members can also find payroll contribution amounts on their biweekly payslip or by searching 'benefit elections' in Workday.