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Kendrick Oil Company is proud to present the 2024-2025 Medical, Dental & Vision benefits to become effective on November 1, 2024.

We are changing providers, there is no automatic rollover of your coverage, so it is critical that you re-enroll during this open enrollment period if you wish to continue with your benefits.

Additionally, the open enrollment period allows you to enroll or unenroll as well as add or delete coverage for your spouse and/or children.

IRS rules do not allow you to make changes after 11/01/2024 unless you have a qualifying event, detailed on the next page.

Medical-

Dental –

Vision –

Basic Life + AD&D $10,000

Voluntary Benefits

This Employee Benefit Overview can be used as a reference throughout the year.

Plan information and phone numbers are listed in the back of the overview.

Eligibility Guidelines

Full-Time employees working at least 30 hours per week are eligible for coverage on the 1st day of the calendar month following 60 days of full-time employment

Who can I cover?

• You and your dependents are eligible to enroll in benefits if:

• You are a full-time employee

• Spouse if you are married

• Your children meet the following criteria

• They are under the age of 26, but this can be extended to legally disabled children

• Please note

• If you decide not to enroll in benefits when initially eligible you must wait until the next open enrollment period

When can I make changes to my benefits

• If you experience a qualifying life event that results in the gain or loss of insurance for yourself and/or dependents, you must report it to HR within 30 days of the event in order to make a change

• Marriage or Divorce

• Birth or Adoption

• Death of spouse or child

• Gain or loss of other coverage

• Dependent child reaches age 26

• Court judgement or decree

• You or your eligible family members experience a change in employment status that affects benefits eligibility

Are you age 65+ or getting there soon?

• Medicare is the Federal program for medical and pharmacy care once you reach age 65.

• These are referred to as PARTS A, B, C and D

• A is inpatient hospital care (automatic enrollment at age 65)

• B is Doctors’ visits

• C is Medicare Advantage combining A + B + D

• D is Prescription drug coverage

• Typically, you will have

• Greater access to Hospitals, Physicians, Pharmacies, Labs etc…

• Additionally, your deductibles and out of pocket costs are lower

• Medicare supplements (Medigap Plans) are Insurance programs which pick up all or a portion of the items not covered by Medicare

• These are referred to as PLANS named by letters: A-D, F, G, and K-N

• Initially, this can be confusing so we have identified a specific firm to personally help Kendrick Oil employees determine if it might be more beneficial for them.

• That firm is: ACA Health experts

• John Holms 281-948-3425 John@theACAexperts.com

• Please start this review about 90 days prior to your 65th birthday to allow time for processing of paperwork.

• Please note:

• You can continue with the dental and vision care through Kendrick Oil if you choose to access medical and prescription care via Medicare

In the past you only had two options, In-Network & Out-of-Network both with deductible and co-insurance maximums Your employer has added ADVANTA Call Advanta for help in finding facilities and providers that can waive up to 100% of your out-of-pocket costs

• Cost Reduction Tools built for the Employee and their covered dependents

• Tier I

• See PYRAMID on next page

• Call Advanta for

• Lab

• Imaging

• Physician

• Prescription

• Hospital admission

• Tier II & III traditional options

• Verdegard still has In / Out-ofnetwork

• Deductible