• Medical Plans and New Benefits • 401(k) Plan• Dental Plans • Other Employer-Provided Benefits• Vision Plan • Optional Benefits• Tax-Advantage Accounts

Coverage Available to You and Your Dependents

2020 Annual Enrollment Benefits GuideAnnual Enrollment is Nov. 1–15, 2019!Use this guide to help you be a smart consumer of your health care in 2020 and understand what decisions you need to make during Annual Enrollment.

My Benefits. My Life.

Welcome to 2020 Annual EnrollmentAnnual Enrollment is Nov. 1–15, 2019, which is your opportunity to review your options and make elections for the coverage you need next year. Your benefit elections will go into effect on Jan. 1, 2020.

Contact Us for More Informationwww.FarmCreditFoundations.com

1-800-892-7924

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LEARN COMPARE ELECT• Learn about

key benefits options for 2020.

• Know where to go for quality, cost-efficient care by using the Health Advocacy team or ConsumerMedical.

• Compare the plan options with coverage available through a spouse/domestic partner.

• Determine upcoming health care needs.

• Estimate how fast you might meet your deductible.

Make your elections during Annual Enrollment, Nov. 1–15, by logging into dayforcehcm.com.

The information provided in this Benefits Guide is intended to be a general summary of benefits provided by Farm Credit Foundations. In the event that any information is in conflict with the vendor contract or the policy, the contract or policy language will prevail. The employers participating in Farm Credit Foundations intend to provide these programs on an ongoing basis; however, they reserve the right to amend or terminate any program at any time. This guide provides highlights of your 2020 benefits. More information can be found on www.FarmCreditFoundations.com.

Enrollment PeriodsYou can only make changes to your benefit elections during Annual Enrollment or within the allowed timeframe of a qualified status change during the year. These status changes include birth or adoption, getting married or divorced, loss of coverage, etc.

Time for a 401(k) Check-up Although you are not required to make any 401(k) changes, Annual Enrollment is a good time to review all of your benefit options. While you can make changes to your 401(k) contributions throughout the year, now may be a good time to make sure your investments are still aligned with your retirement goals. Visit mylife.jhrps.com to review your account.

Key Benefits Changes for 2020Medical PlansBeing a self-insured medical plan means employers and employees take on the responsibility for every medical and prescription drug claim that is processed. With the continued increase in medical plan costs, all claims processed have a direct impact on overall costs each year.

• No employee premium increase for either medical plan in 2020

• Slight changes to deductible and out-of-pocket maximums for both plans

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Consumer Choice 1 Consumer Choice 2

HigherPremiums

LowerPremiums

Lower deductible,coinsurance,out-of-pocketannual maximum

Higher deductible, coinsurance (out-of-network only), out-of-pocket annual maximum

New Services

Be prepared and know where to go for quality, cost-efficient care. Use the new Health Advocate team or ConsumerMedical to help you navigate the health care system depending on your medical needs. And check out Benefit Scout to help you with your life insurance questions.

• Health Advocate - a new service from Blue Cross and Blue Shield of Illinois is made up of non-clinical representatives that can address questions about benefits, consult with clinical nurses and pharmacists as well as other experts on specific health care needs. They can help find in-network providers, schedule doctor’s appointments, or assist with pre-authorization steps including cost for health care services. It’s available to you and your covered dependents at no additional cost and could even help you save money through the Member Rewards program.

• ConsumerMedical - a benefit that can help you and your family make more informed medical decisions and get better care at no cost to you. ConsumerMedical is a free benefit that provides personalized, one-on-one support to help you and your family.

• Benefit Scout - an educational tool created by Securian Financial/Minnesota Life that assists employees with life insurance decision making. Employees are guided through a short series of questions to help them compare life insurance options and cost estimates. The tool will then provide coverage suggestions based on these responses and the employees may enroll in additional coverage on www.lifebenefits.com.

Dental, Vision and Life InsuranceThere are no changes to premiums or plan design in 2020.

Medical Plan OptionsBoth Consumer Choice 1 and Consumer Choice 2 are High Deductible Health Plans, meaning your premiums (payroll contributions) are lower, but you pay the full cost of all non-preventive care services until you meet the full deductible. That means the cost of the insurance is lower, but your costs are higher when you use the plan, up to the amount of your deductible.

While Consumer Choice 2 has a higher deductible, it also has zero coinsurance. So, once you reach your full deductible, the plan pays 100 percent of any other costs you incur for the rest of the plan year. While everyone’s situation is different, this might be a good option for people with higher than average medical care needs.

In-Network Medical Plan Highlights

Plan features Consumer Choice 1 Consumer Choice 2

Deductible* (employee only/family)

$1,600/$3,200 $3,550/$7,100

Coinsurance* You pay 20%, plan pays 80%

No coinsurance, plan pays 100% after the deductible is met

Out-of-Pocket Maximum (employee only/family)

$3,200/$6,400 $3,550/$7,100

Presciption Drugs* (administered by CVS/Caremark)

Subject to deductible

Preventive Care You pay $0

*The plan pays 100% for in-network preventive care and certain preventive generic prescription drugs. Full family deductible must be met before plan starts to pay.

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Things to Consider for 2020

• Use the Plan Cost Comparison tool on www.FarmCreditFoundations.com to help choose the plan that is more cost-effective based on your medical needs.

• Contact ConsumerMedical for a second opinion on a current medical condition or diagnosis.

• Earn cash through Member Rewards and save money on certain procedures with Blue Cross and Blue Shield of Illinois and your Health Advocate.

Save on Preventive Care PrescriptionsPreventive care is important for keeping you healthy today and tomorrow, and prescription medication that helps treat chronic conditions is a big key for your health.

Certain drugs classified as “preventive care prescriptions” are covered at no cost, regardless of whether the deductible has been met. These include drugs that treat chronic conditions such as high blood pressure, high cholesterol, etc. To see which drugs are on the list, visit www.FarmCreditFoundations.com. This list is subject to change throughout the year.

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Prescription Drugs

Farm Credit Foundations prescription drug coverage is administered by CVS/Caremark. The cost of your prescription medication will vary, depending on which medical plan you enroll in. There are no prescription drug copayments. Prescription costs paid by you accumulate towards your annual medical deductible.

Coverage by Medical Plan• Consumer Choice 1

You pay 100% of the cost, up to the plan deductible, and then 20% coinsurance up to the annual out-of-pocket maximum.

• Consumer Choice 2 You pay 100% of the cost, up to the plan deductible. Once you have reached the deductible, the plan pays 100% of the cost. The annual deductible and out-of-pocket maximum are the same.

Things to Consider for 2020

• Use the CVS/Caremark Rx Cost Estimator to estimate the cost of your prescription medications. Go to www.FarmCreditFoundations.com.

• Many preventive generic drugs are covered at 100%.• CVS/Caremark is the prescription drug manager, but you are not limited to

only CVS pharmacies.• Revisit your medications with your physician at your next checkup.

MDLIVE Virtual MedicineVirtual Medicine Visits–Skip the Waiting Room

Whether you’re at home or traveling, you and your covered family members can speak with a board-certified physician 24/7 without setting foot in a doctor’s office. How? Through MDLIVE* with U.S. Board-certified doctors and pediatricians with an average of 15 years of experience.

With this benefit, you can:

• Save time and money ($44 per virtual medicine visit; counts toward deductible)

• Receive medical treatment for many non-emergency conditions, including colds, flu, asthma, allergies and nausea

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Health AdvocateYou have a Health Advocate with Blue Cross and Blue Shield of Illinois

The new Health Advocate team includes registered nurses, social workers and health and behavioral specialists who help you (and your family) navigate and coordinate health care services over the long term. Use a Health Advocate to understand how your benefits will cover a medical procedure or when you have a benefits claim question, find a doctor and schedule appointments.

Health Advocates help with pre- or post-surgery care, or managing a chronic health condition (like coordinating care for diabetes treatment with your doctor, pharmacist and other care providers).

This benefit is available to you and your covered dependents at no additional cost and could even help you save money through the Member Rewards program.

Look for a new Medical ID Card in December 2019!

ConsumerMedicalConsumerMedical is a benefit that can help you and your family make more informed medical decisions and get better care at no cost to you. Receive help with any medical condition, diagnosis or health topic, including prevention and wellness information. Cancer, back pain, asthma, osteoarthritis, high blood pressure, ADHD, diabetes and anxiety are just a few examples. ConsumerMedical is a free benefit that provides personalized, one-on-one support to help you and your family:

• Understand any medical condition and all available treatment options• Find the most qualified doctors and top-rated hospitals in your area• Get a second opinion from elite specialists across the country, either in person or virtually for complex cases• Ask your doctor the right questions• Cope with the stress of having a medical condition

Tax-Advantage Accounts

Health Savings Account (HSA)If you enroll in the Consumer Choice 1 or Consumer Choice 2 plan, you can elect an HSA, which allows you to set aside pre-tax dollars (up to annual IRS limits) to pay for eligible health care expenses either now or any time in the future.

With an HSA, you can make contributions through payroll deductions up to IRS annual limits, which, for 2020 are:

• $3,550 for individual coverage.

• $7,100 for family coverage.

• $1,000 catch-up contributions for participants age 55 or older.

Limited Purpose Flexible Spending AccountIf you enroll in the Consumer Choice 1 or Consumer Choice 2 plan, you can open and contribute to a Limited Purpose FSA. Funds from your Limited Purpose FSA can be used to pay for non-medical eligible charges, such as dental and vision. The maximum you can contribute is $2,750.

Health Care Flexible Spending AccountThe health care FSA reimburses you for eligible health care expenses. The maximum amount you can contribute to your health care FSA is $2,750 per year. You are not eligible for a health care FSA if you are enrolled in a high-deductible health plan.

Dependent Care Flexible Spending AccountThe dependent care FSA reimburses you for expenses associated with the care of a dependent while you or your spouse work or attend school. The maximum amount you can contribute to a dependent care FSA is $5,000 per year. The IRS family maximum is $5,000. If you are married and filing income taxes separately, the maximum amount each spouse can contribute is $2,500.

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Things to Consider for 2020

• Tax Advantage Accounts are set to $0 on January 1 of each year. You must enter an amount in the Dayforce enrollment form if you choose to contribute in 2020.

• You can adjust your HSA contribution throughout the calendar year - you are not locked into the amount specified during Annual Enrollment.

• If you are in either Consumer Choice plan, you can use the Limited Purpose FSA for eligible dental and vision services so you don’t have to use your HSA funds.

Dental Plan OptionsYour dental plan is a Preferred Provider Organization plan administered by Delta Dental of Kansas.

You can choose between two plans:

• Basic Plan - Provides benefits for diagnostic, preventive and basic care

• Comprehensive Plan - Provides all of the above, plus offers coverage for a more extensive range of dental care including orthodontia.

Dental Plan Options Summary

Basic Plan

Deductible Per Person/Family $50/$150

Preventive/Diagnostic 100% (Not Subject to Deductible)

Basic Services 80% (After Deductible)

Major Services Not Covered

Annual Benefit Maximum* $750 Per Person

Comprehensive Plan

Deductible Per Person/Family $100/$300

Preventive/Diagnostic 100% (Not Subject to Deductible)

Basic Services 80% (After Deductible)

Major Services 50% (After Deductible)

Annual Benefit Maximum* $1,500 Per Person

Orthodontia 50% (After Deductible)

Orthodontia Lifetime Maximum $2,000 Per Person

*NOTE: The Annual Benefit Maximum includes cleanings.

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Things to Consider for 2020

• You can use a Limited Purpose FSA for eligible dental services not covered beyond your maximum benefit coverage.

• Does someone in your family need braces next year? It might be a good time to switch to the Comprehensive Plan for orthodontia coverage.

• In the 2019 Benefits Survey, 84% of Farm Credit employees said the dental plans meet their needs.

Vision PlanYour vision plan through VSP offers coverage for you and your eligible dependents for eye exams, lenses, frames and contact lenses. VSP will also provide a discount for laser vision correction surgery when you use a participating provider.

VSP pays for the majority of expenses for a number of services when you use a participating provider. Providers can be found on VSP’s website at www.vsp.com. Use the Signature Network when searching for a network provider.

The vision plan covers:

• Exam—Once every 12 months

• Frames—Once every 24 months (child(ren) once every 12 months); $180 allowance

• Eyeglass lenses—Once every 12 months

• Contact lenses—Once every 12 months; contact lens benefit is not available in the same year that frames and lenses are purchased; $180 allowance

• Laser vision surgery—Discounts available through network providers. Go to www.vsp.com for more information.

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Things to Consider for 2020

• Routine eye exams are covered under the medical plan. If you need glasses, contact lenses or more comprehensive coverage, you may want to consider electing vision coverage.

• You can use a Limited Purpose FSA for eligible vision services not covered be-yond your maximum benefit coverage.

• In the 2019 Benefits Survey, 77% of Farm Credit employees said the vision plan meets their needs.

LifeWorks Employee Assistance Program (EAP)LifeWorks is an employee assistance program (EAP) and well-being resource to provide support and resources to help you find answers to questions related to work, life, health, family, or money. LifeWorks is available at no additional cost to you, as defined by your benefits plan.

• 1-888-319-7819

• http://login.lifeworks.com (Contact your HR Representative for login information)

Life/Disability Insurance Coverage

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Making Changes

Visit Minnesota Life’s secure website at www.LifeBenefits.com to review and make changes.

Employer-Provided Benefits Your employer pays the entire cost for you.

• Basic Term Life and Accidental Death & Dismemberment (AD&D) Insurance Plans Coverage equal to one times your total compensation.

• Business Travel Accident Insurance Coverage equal to three times your total compensation.

• Long-Term Disability (LTD) Insurance Coverage that provides 66 2/3 of your monthly total compensation in the event you become disabled and unable to work.

Employee Optional Benefits Your employer will pay a substantial portion of the cost of your coverage. You pay your portion of the premiums pre-tax. Domestic partner benefits are taxable.

• Optional Basic Employee Term Life and Accidental Death & Dismemberment (AD&D) Insurance Elect coverage for an additional one times your total compensation. You pay premiums pre-tax.

• Group Universal Life (GUL) Insurance Elect up to 10 times your total compensation for yourself, up to $250,000 for your spouse. Cash accumulation fund option also available. You pay premiums after-tax.

• Dependent Child(ren) Life Purchase up to $25,000 in life insurance for each eligible dependent child. You pay premiums after-tax.

• Voluntary Accidental Death & Dismemberment (AD&D) Insurance Elect coverage for you and/or your family up to 10 times your total compensation to a maximum of $750,000 in $25,000 increments. You pay premiums after-tax.

Things to Consider for 2020

• Your current benefits will automatically roll over into 2020 - no action is required if you do not have any changes.

• You can request additional coverage, complete evidence of insurability or elect/change your beneficiaries on www.lifebenefits.com.

• Check out a new tool - Benefit Scout to help you determine how much coverage is appropriate for your situation.

2020 Medical Plan and Other Benefits Premiums

Medical

Dental

Full-Time Monthly Medical Plan Premiums in 2020 (Employees Working 30+ Hours)

Consumer Choice 1 Consumer Choice 2

Coverage Tiers You Pay Your Employer Pays

You Pay Your Employer Pays

Employee Only $39 $486 $0 $486

Employee + Spouse/Domestic Partner

$108 $996 $25 $996

Employee + Child(ren) $99 $926 $22 $926

Family $167 $1,436 $47 $1,436

Full-Time Monthly Dental Plans Premiums (Employees Working 30+ Hours)

Basic Comprehensive

Coverage Tiers You Pay Your Employer Pays

You Pay Your Employer Pays

Employee Only $5 $20 $19 $20

Employee + Spouse/Domestic Partner

$16 $32 $46 $32

Employee + Child(ren) $19 $40 $53 $40

Family $29 $54 $79 $54

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Vision

Vision Plan Monthly Premiums

VSP Plan You Pay*

Employee Only $12.18

Employee + Spouse/Domestic Partner

$19.12

Employee + Child(ren) $21.04

Family $33.95

*Your employer pays $0.

Optional Basic Employee Term Life and AD&D Monthly

Child Term Life Insurance

Group Universal Life (GUL) Insurance

Optional Basic Employee Term Life and AD&D Monthly Cost

Optional Basic Employee Term Life and AD&D

$0.135 per $1,000

Child Term Life Insurance Coverage Monthly Rates

$5,000 $0.50

$10,000 $1.00

$15,000 $1.50

$20,000 $2.00

$25,000 $2.50

Group Universal Life (GUL) Insurance Rates

Age Monthly Cost Age Monthly Cost

Under 25 $0.030 Per $1,000 50–54 $0.132 Per $1,000

25–29 $0.030 Per $1,000 55–59 $0.215 Per $1,000

30–34 $0.036 Per $1,000 60–64 $0.335 Per $1,000

35–39 $0.040 Per $1,000 65–69 $0.544 Per $1,000

40–44 $0.060 Per $1,000 70–74 $1.327 Per $1,000

45–49 $0.084 Per $1,000 75 over $2.015 Per $1,000

Note: Rate is based on your age as of Jan. 1 of each calendar year.

Voluntary AD&D Insurance Cost

Voluntary AD&D Insurance Monthly Cost

Employee Only Coverage $0.021 per $1,000

Family Coverage $0.032 per $1,000

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Contacts and Resources

Legal Notices

Resource Website or Email Phone Number

Farm Credit Foundations Website www.FarmCreditFoundations.com N/A

Farm Credit Foundations Benefits benefits@farmcreditfoundations.com 1-800-892-7924

Blue Cross Blue Shield of Illinois (medical plan/Health Advocacy)

www.bcbsil.com/foundations 1-877-224-9598

ConsumerMedical www.myconsumermedical.com 1-888-361-3944

CVS Prescription Benefits Manager (prescription drugs)

www.caremark.com 1-800-565-5827

Delta Dental of Kansas www.deltadentalks.com 1-800-234-3375

John Hancock Retirement Plan Services

mylife.jhrps.com 1-800-294-3575

LifeWorks login.lifeworks.com 1-888-319-7819

MDLIVE (virtual medicine) www.MDLIVE.com/bcbsil 1-888-676-4204

Minnesota Life www.lifebenefits.com 1-800-843-8358

PayFlex (Health Savings Account) www.payflex.com 1-800-284-4885

StayWell (HealthyReturns) healthyreturns.online.staywell.com 1-855-719-1909

VSP (vision) www.vsp.com 1-800-877-7195

For legal notices that relate to Farm Credit Foundations benefits offerings, please visit FarmCreditFoundations.com

and click on the “Resources” tab where these notices are posted for your review.

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