Return to flip book view

Advanced Energy 2025 Benefit Guide

Page 1

Message EMPLOYEE BENEFITSGUIDE2025An overview of the wide array of benefits provided byAdvanced Energy to help you enjoy increased well-being and financial security.

Page 2

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergyAs an employee of Advanced Energy, enjoying your work and making valuable contributions to business are equally vital. The health, satisfaction and security of you and your family are important, not only to your well-being, but ultimately, in terms of achieving the goals of our organization.For the 2025 plan year, Advanced Energy has worked hard to offer a competitive total rewards package that includes valuable and competitive benefit plans. These programs reflect our commitment to keeping our staff healthy and secure. We understand that your situation is unique, and Advanced Energy is offering an overall benefits package that can be shaped and molded by you to fit your needs.This benefits booklet is a summary description of your Advanced Energy benefit plans. If there is a discrepancy between these summaries and the written legal plan documents, the plan documents shall prevail. This booklet and plan summaries do not constitute a contract of employment.We hope this benefits booklet, along with our additional communication and decision-making tools, will help you make the best health care choices for you and your family.INTRODUCTIONEligibility & EnrollmentAs a full-time employee working 30+ hours/week you are eligible for benefits. You can enroll or make changes during our annual enrollment period or within 30 days if you experience a qualifying life event during the year. A Qualifying Life Event includes changes in marital status, employment status, birth or adoption of a child, death of a dependent, entitlement to Medicaid or Medicare, loss of other coverage or eligibility of dependents.Benefits Begin Date of HireBenefits EndMedical: Last day of month following terminationDental, Vision, Life & Disability: Date of terminationDependents Legal spouse and dependents to age 26Domestic Partner Same and opposite sex

Page 3

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergyCoverage Provided by Blue Cross of NCIn-Network Blue Options PPO 4000 (Silver) Blue Options PPO 2000 (Gold)Benefit Period 1/1 – 12/31 1/1 – 12/31Deductibles (Individual / Family) $4,000/$8,000 $2,000/$4,000Out-of-Pocket Max (Individual / Family)$8,000/$16,000 $4,000/$8,000Preventive Care No cost; covered at 100% No cost; covered at 100%Primary Care Visit $50 Copay* $30 Copay*Specialist Visit $100 Copay $60 CopayTelehealth via Teladoc $0 Copay $0 CopayUrgent Care $100 Copay $60 CopayEmergency Room $500 Copay $300 CopayInpatient Visit 30% after deductible 20% after deductibleOutpatient Procedure 30% after deductible 20% after deductiblePharmacy / RX (30 Day Supply)Tiers 1-5Essential C Formulary$10/$25/$45/$60/25%**min $50, max $100$100 Rx deductible applies to tiers 3-5Essential C Formulary$4/$15/$30/$45/25%**min $50, max $100MEDICALThe chart below is an overview of the In-Network benefits. Out-of-Network benefits are available; please review your BCBSNC plan documents for additional details.*Register your PCP in Blue Connect and copay is waived for first three visits

Page 4

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergyWellness and Health ManagementUnderstanding the full value of covered benefits allows you to take responsibility for maintaining good health and incorporating healthy habits into your lifestyle. Some examples include getting regular physical examinations, mammograms and immunizations. Through the plans offered by Advanced Energy, all covered individuals and family members are eligible to receive routine wellness services like these, at no cost; all copays, coinsurance, and deductibles are waived.Which Preventive Care Services Are Covered?The US Preventive Services Task Force maintains a regular list of recommended services that all Affordable Care Act (i.e., Health Care Reform) compliant insurance plans should cover at 100% for in-network providers. Below is a list of common services that are included in the plans offered this year:• Routine physical exam• Well baby and childcare• Well women visits• Immunizations• Routine bone density test• Routine breast exam• Routine gynecological exam• Screening for Gestational diabetes• Obesity screening and counseling• Routine digital rectal exam• Routine colonoscopy• Routine colorectal cancer screening• Routine prostate test• Routine lab procedures• Routine mammograms• Routine pap smear• Smoking cessation• Health education/counseling services• Health counseling for STDs and HIV • Testing for HPV and HIV• Screening/counseling for domestic violencePREVENTIVE CAREYour Cost (24 Deductions) Pricing Per Pay Period Blue Options PPO 4000 (Silver) Blue Options PPO 2000 (Gold)Employee $0.00 $36.10Employee + Spouse $157.80 $211.19Employee + Child(ren) $134.08 $184.87Employee + Family $331.40 $403.82

Page 5

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergyEmployees and dependents enrolled in our medical plan have access to telemedicine through Teladoc. Telehealth provides acute and behavioral care 24 hours a day via phone or video by board-certified doctors and behavioral health specialists. Telehealth is a good option for minor health problems when you can’t see your regular doctor. It is also a convenient choice when you want to speak to a counselor or therapist. Some providers will also offer telehealth appointments. Check with your provider on the availability and cost.How Does Telehealth Work?Your virtual visit will take place via phone, video call on a laptop, tablet or cellphone; or through an app. The provider will ask you the same questions you'd be asked at an in-person visit and may recommend treatment based on their findings.What Can’t Telehealth Be Used For?• Life-threatening or emergency situations • Situations in which diagnostic care (e.g., blood work, imaging or lab tests) are required• Situations of severe illness or complex conditionsHow Do I Access Telehealth?There are 3 ways to access Teladoc:• Download the Teladoc mobile app• Go to Teladoc.com and click “Log in/Register”• Call 855-549-2214Refer to your plan documentation for more information.TELEHEALTHWhat Can Telemedicine Be Used For?General, non-life-threatening doctor's visits or consultations for acute care, such as:• Allergies• Cough, cold and flu• Diarrhea, nausea and vomiting• Ear problems• Insect bites• Sinus problems• Urinary problems• And moreBehavioral health issues such as:• Addictions• Anxiety• Depression• Grief and loss• Relationship issues• And more

Page 6

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergyThis Is How An FSA Works:• You set aside money for your FSA from your paycheck before taxes are taken out.• You then use your pre-tax FSA funds throughout the plan year to pay for eligible health care or dependent care expenses.• You save money on expenses you're already paying for.For the 2025 plan year, you can elect up to $3,300. Our plan through Paylocity offers a carry over up to $660 of unused funds to the following year. Health FSA Eligible Expenses• Medical expenses: copays, coinsurance and deductibles• Dental expenses: exams, cleanings, X-rays and braces• Vision expenses: exams, contact lenses, eyeglasses and laser eye surgery• Professional services: physical therapy, chiropractic and acupuncture• Prescription drugs and insulin• Over-the-counter health care items such as bandages, pregnancy tests and blood pressure monitorsDependent Care FSA Eligible Expenses• Care for your child who is under the age of 13• Before-school and after-school care• Babysitting and nanny expenses• Day care, nursery school and preschool• Summer day camp• Care for a relative who is physically or mentally incapable of self-care and lives in your homePlease refer to your FSA documentation for more information. FLEXIBLE SPENDING ACCOUNT (FSA)

Page 7

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergySummary of CoverageCoverage Provided by Guardian In-NetworkAnnual Deductibles(Individual / Family)$0 / $0Preventive Care No cost; covered at 100%Basic Procedures 20%Major Procedures 50%Child Orthodontics50%(Up to Age 19)$1,500 Lifetime MaximumCalendar Year Maximum Benefit$2,000 per covered person(if eligible, may be able to rollover a portion of unused funds)DENTALBelow is a high-level summary of our dental benefits. While Out-of-Network coverage is available, using an In-Network provider will result in less out of pocket expenses. In-Network dentist cannot balance bill you for the amount over the allowable charges. Please review your plan documents for additional details. Benefits shown below capture member responsibility.Your Cost (24 Deductions)Pricing Per Pay PeriodEmployee $0.00Employee + Spouse $10.26Employee + Child(ren) $16.46Employee + Family $29.25Please note, late entrant penalties may apply. See policy for more information.

Page 8

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergySummary of CoverageCoverage provided by Guardian (VSP Choice Network)In-NetworkVision Exam (once per plan year) $10 CopayLenses (once per plan year)$25 CopayFrames (once per plan year)Up to $150 Allowance, 20% discount on amount over AllowanceElective Contact LensesUp to $150 AllowanceVISIONOur vision coverage is provided by Guardian (VSP Choice Network). Please review your plan documents for additional details.Pricing Per Pay PeriodEmployee $4.72Employee + Spouse $7.95Employee + Child(ren) $8.11Employee + Family $12.83Your Cost (24 Deductions)

Page 9

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergySummary of CoverageCoverage provided by GuardianPlan FeaturesEmployee Benefit Amount 2x Annual EarningsMaximum Benefit Amount $250,000AD&D Benefit $250,000Benefit Reductions Begin at age 65Group life insurance coverage is an employer-sponsored safety net in case the worst happens, with no out-of-pocket costs to you. If you believe you need additional coverage, you may wish to enroll in voluntary life insurance as well. Employees must fill out an EOI form if they exceed the guaranteed issue amount or enroll as a late entrant.GROUP LIFE and AD&D INSURANCESummary of CoverageCoverage provided by GuardianPlan Features Employee Spouse DependentAmount Increments of $10,000 Increments of $5,000 Increments of $5,000Minimum Amount $10,000 $5,000 $5,000Maximum Amount $250,000 $250,000$500 (birth to 14 days), then $10,000 (to age 26)Guarantee Issue (Newly Eligible Employees)$50,000 (to age 69)$10,000 (age 70+)$25,000 (to age 64)$10,000 (age 65-69)$10,000Benefits Reductions Begin at age 65Begin at age 65(Terminates at age 70)N/AVOLUNTARY LIFE and AD&D INSURANCECost is age-banded and based on employee’s age (employee and spouse).

Page 10

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergySummary of CoverageCoverage provided by GuardianPlan Features Short Term Disability Long Term DisabilityCoverage Paid By Advanced Energy Advanced EnergyTaxation Benefit is taxed Benefit is taxedEmployee Benefit Amount 66.7% of weekly earnings 66.7% of monthly earningsMaximum Benefit Amount $1,500 / weekly $10,000 / monthlyElimination Period 7 days accident / 7 days sickness 90 daysBenefit DurationUp to 13 weeks(Includes Elimination Period)SSNRADisability insurance is coverage that provides you with income protection should you be unable to work due to an injury or illness. With disability coverage, you are compensated for a portion of your lost income. Short-Term disability provides coverage in the near term, while Long-Term coverage is available for extended disabilities. DISABILITY INSURANCEPlease note, a pre-existing condition period may apply once you become covered. See policy for more information.

Page 11

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergyOur comprehensive Employee Assistance Program (EAP), available through Uprise Health, provides you and your family members with confidential, personal and online/web-based support on a wide variety of important and relevant topics – such as stress management, dependent/elder care, nutrition, fitness, and legal and financial issues.Benefits include: • Online modules and coaching – learn, develop, and practice new skills to improve.• mental fitness; includes a well-being check, online modules selected specifically for you, and up to 3 coaching sessions.• Face-to-face and virtual counseling – up to 3 visits per employee/household member per issue, per year.• Work-life services – access to work-life specialists (subject matter experts) in the areas of family and care giving, health and wellness, emotional well-being, daily living, and balancing work and life responsibilities.• Child and elder care referral – unlimited telephonic consultation with a work-life specialist (part of work-life services).• Employee discounts – access to discounts on a large number of products and services, from gym memberships to dental, vision and pharmacy items, entertainment, restaurants, etc. • Legal consultation – unlimited telephonic support and free initial 30-minute face-to-face consultation with an attorney, includes a 25% discount on attorney services thereafter.• And more!EMPLOYEE ASSISTANCE PROGRAM (EAP)To Get Started:Visit: https://worklife.uprisehealth.com/ Access code: worklifeCall: 1-800-386-705524-hour crisis help availableRegular office hours: Monday – Friday 6am to 5pm PST

Page 12

This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations and exclusions set forth in each insurance carrier's or provider's contract.2025 Employee Benefits GuideAdvanced EnergyCARRIER RESOURCESBENEFIT CARRIER CONTACTMedicalBCBSNCGroup #14160335www.BlueConnectNC.com Dental / Vision / Life / Disability GuardianGroup #567792http://www.guardianlife.com/ 800-627-4200Employee Assistance Program (EAP)Guardian / Uprise Healthhttps://worklife.uprisehealth.com/ Access code: worklife1-800-386-7055Flexible Spending Account (FSA)Paylocitywww.paylocity.combatinfo@paylocity.com HOW TO ACCESS ID CARDSBENEFIT CARRIER HOW TO ACCESSMedical BCBSNCWill receive an ID card in the mail.Once enrolled, you can also access a digital ID card through the portal: www.BlueConnectNC.com Dental GuardianOnce enrolled, you can access a digital ID card through the portal: http://www.guardianlife.com/login Vision GuardianOnce enrolled, you can access a digital ID card through the portal: http://www.guardianlife.com/login

Page 13

EMPLOYEE BENEFITS GUIDEPrepared By Sentinel Benefits Consulting | sentinelra.com2025Advanced Energy