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EMPLOYEE BENEFITSGUIDE2024An overview of the wide array of benefits provided byColoWrap, LLC to help you enjoy increased well-being and financial security.

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.Employee Benefits Guide2024 ColoWrap, LLCAs an employee of ColoWrap, LLC, 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 2024 plan year, ColoWrap 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 ColoWrap 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 ColoWrap 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.

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.Employee Benefits Guide2024 ColoWrap, LLCComparison of PlansCoverage Provided by UnitedHealthcareIn-Network Choice Plus DHFO/K35S 1000 Choice Plus DHHP/K65S 4000 HSABenefit Period Calendar Year: 1/1 – 12/31 Calendar Year: 1/1 – 12/31Deductibles (Individual / Family) $1,000/$2,000 $4,000/$8,000Preventive Care Covered in full Covered in fullPrimary Care Visit $35 Copay 0% after deductibleSpecialist Visit $75 Copay 0% after deductibleTelehealth $0 Copay $0 CopayUrgent Care $75 Copay 0% after deductibleEmergency Room 20% after deductible 0% after deductible Outpatient Procedure 20% after deductible 0% after deductibleInpatient Visit 20% after deductible 0% after deductiblePharmacy / RX (30 Day Supply)Tiers 1-4$10/$40/$125/$300 $5/$40/$125/$300 after deductibleOut-of-Pocket Max (Individual / Family)$6,000/$12,000 $7,500/$15,000MEDICALThe chart below is an overview of the In-Network benefits. Out-of-Network benefits are available; please review your UnitedHealthcare plan documents for additional details.ColoWrap pays for 100% of the Medical premium for employee only coverage. Cost for dependent care coverage can be found on a summary sheet within Employee Navigator.

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.Employee Benefits Guide2024 ColoWrap, LLCWellness 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 Colowrap, LLC 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 CARE

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.Employee Benefits Guide2024 ColoWrap, LLCEmployees and dependents enrolled in our medical have access to telemedicine. Telehealth provides acute and behavioral care 24 hours a day via phone or video by board-certified doctors and behavioral health specialist. 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?To access Telahealth:• Go to myuhc.comRefer 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

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.Employee Benefits Guide2024 ColoWrap, LLCA health savings account (HSA) is a health care account and savings account in one. HSA helps offset the cost of a HDHP while saving for your out-of-pocket eligible health care expenses. The HSA is your personal bank account and can be used for you and your dependents now and in the future.Why Is It A Good Idea To Have An HSA?HSAs benefit everyone who is eligible to have this account, including single individuals, families and soon-to-be retirees. You save money on taxes in three ways:• Tax-Free Deposits: The money you contribute to your HSA isn't taxed (up to the IRS annual limit)• Tax-Free Earnings: Your interest and any investment earnings grow tax-free• Tax-Free Withdrawals: The money used toward eligible health care expenses isn't taxed now or in the futureSetting aside pre-tax dollars into your HSA means you pay fewer taxes and increase your take-home pay by your tax savings. You save money on eligible expenses that you are paying for out of your pocket. The amount you save depends on your tax bracket. For example, if you are in the 30% tax bracket, you can save $30 on every $100 spent on eligible health care expenses.HSA funds roll over from year to year and accumulate in your account. There is no "use-it-or-lose-it" rule with HSAs, and you decide how and when to use your HSA funds, which can be used for eligible expenses you have now, in the future, or during retirement. Also, when you have a certain balance in your HSA, investment opportunities are available.Who is Eligible?You are eligible to contribute to an HSA if:• You are enrolled in a qualified HDHP• You are not enrolled in a copay plan such as a spouse’s non-HDHP, Medicare, Medicaid or Tri-Care• You or your spouse is not enrolled in a full purpose Health Care Flexible Spending AccountRefer to your HSA documentation for more information.HSA Contribution LimitsYou can contribute to your Optum Bank HSA on a pre-tax basis through payroll deductions up to the IRS statutory maximums. These maximums include employer contributions. The IRS has established the following maximum HSA contributions:2023 Tax Year 2024 Tax Year$3,850 Individual / $7,750 Family $4,150 Individual / $8,300 FamilyIf you are age 55 and over, you may contribute an extra $1,000 catch-up contribution. HEALTH SAVINGS ACCOUNT (HSA)

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.Employee Benefits Guide2024 ColoWrap, LLCSummary of CoverageCoverage Provided by Mutual of Omaha In-NetworkAnnual Deductibles(Individual / Family)$50/$150Preventive Care 100%Basic Procedures (extractions, fillings, etc.)80%Major Procedures(crowns, dentures, etc.)50%Calendar Year Maximum Benefit $1,500DENTALBelow 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.Pricing Per MonthEmployee $0.00Employee + Spouse $44.43Employee + Children $56.54Employee + Family $107.02Your Cost

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.Employee Benefits Guide2024 ColoWrap, LLCSummary of CoverageCoverage provided by Mutual of Omaha In-NetworkVision Exam (Once per plan year) $10Lenses (once per plan year)Single $25Bifocal $25Trifocal $25Frames (Once every 2 years)$0 copay$150 allowance, 20% off balance over allowanceStandard Contact Lenses Fit & Follow Up Exam$0 copay$150 allowance, 15% off balance over allowanceMedically Necessary Contact Lenses $0 copay; paid in fullVISIONOur vision coverage is provided by Mutual of Omaha. Please review your plan documents for additional details.Pricing Per MonthEmployee $0.00Employee + Spouse $8.43Employee + Children $10.05Employee + Family $18.77Your Cost

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.Employee Benefits Guide2024 ColoWrap, LLCSummary of CoverageCoverage provided by Mutual of OmahaPlan FeaturesEmployee Benefit Amount $50,000Maximum Benefit Amount $50,000AD&D Benefit $50,000Benefit Reductions begin at age 65% age reduction at age 65; and an additional 50% reduction at age 70Group life insurance coverage is an employer-sponsored safety net in case the worst happens, with no out-of-pocket costs to you. GROUP LIFE and AD&D INSURANCE

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.Employee Benefits Guide2024 ColoWrap, LLCSummary of CoverageCoverage provided by Mutual of OmahaPlan Features Short Term Long TermCoverage Paid By Employer EmployerEmployee Benefit Amount 60% of weekly earnings 60% of monthly earningsMaximum Benefit Amount $1,500 $6,000Elimination Period (Accident) 0 days 90 daysElimination Period (Sickness) 7 days 90 daysBenefit Duration 13 weeksTo Social Security normal retirement age Evidence of Insurability N/A N/ADisability 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. Please see policy for more information.

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.Employee Benefits Guide2024 ColoWrap, LLCThis page left blank intentionally

EMPLOYEE BENEFITS GUIDEPrepared By Sentinel Benefits Consulting | sentinelra.com2024ColoWrap, LLC