Benefits

Beginning January 2015, our medical plan will be serviced by Aetna Signature PPO. This is exciting, because Aetna is one of the largest and most respected health coverage insurers in the world. Aetna serves over 37 million people within the PPO nationwide network. With over 6,000 participating providers and 680,000 health care professionals, Aetna is ranked by Fortune magazine as one of the most admired health benefit companies in the world.

2015 Plan Benefits:

Deductible: $750/$1500
Coinsurance: 80% / 20%
Preventative Care/Screening/Immunizations: Paid at 100%
Primary Care Provider Office: Co-Pay $30
Specialist (Consult/Evaluation): $55
Emergency Room Services: $250
Urgent Care Co-Pay: $30
Most other services offered at $20% coinsurance after deductible has been met (see benefit guide for more details)

New Benefit! Flexible Spending Account

We are excited to offer this new benefit for 2015! The flexible spending account provides us with an opportunity to help pay for health care and dependent care expenses while lowering our taxable income on a pretax basis. This program allows participants to pay for certain IRS approved medical, dental, vision expenses and dependent care expenses. We had an overwhelming number of employees take advantage of the FSA benefit!

Pharmacy Policy 2015

No Pharmacy Deductible!
Mail order is no longer available
Generic Drugs: $5-$10 Co-Pay
Preferred Brand Name Drugs $25-$50 Co-Pay
Non-Preferred Brand Name Drugs $40-$80
Specialty Drugs $20% Coinsurance/maximum $150 per prescription

Dental Policy 2015

We have moved from Delta Dental to Metlife PDP Plus Network
The annual maximum increased from $1,000 to $1,250
Diagnostic & Preventative Services In-Network benefit pays @ 100%
Basic Restorative Services In-Network benefit pays @ 80%
Major Restorative Services In-Network benefit pays @ 50%

Vision Policy 2015

Eye Exam In-network $10
Glasses or Contacts $25 Co-pay
Frame allowance – Up to $130 after $25 co-pay
See benefit guide for pertinent details.

New Benefits to Boyd Metals!

We have added a few new benefits available for 2015:
Short Term Disability
Critical Illness Insurance
Accident Insurance
Will Preparation Service
Auto & Home Insurance

…all of these plans have competitive employee rates, guaranteed acceptance and portable coverage that allows you to take it with you in the event your employment status changes.

Refer to this list when you need to contact one of your benefit vendors. For general information contact Human Resources.