Retiree Choices

Retiree Choices

Updated | 9/8/2011

New Choices Better Value

New Coverage

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What we’ll cover today

• What is changing and why?• What you need to do?• Introducing Extend Health• Understanding supplemental Medicare insurance• Next steps• Questions & Answers

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What’s Changing?

• Existing group health care coverage for Medicare eligible non-union retirees and dependents ends on December 31, 2011

• You have access to personalized decision support for comparing and enrolling in a robust choice of supplemental Medicare coverage options

• Extend Health provides 1:1 services to help you find and enroll in the coverage that meets your medical and financial needs

U. S. Steel is changing the way it provides access to health care coverage for Medicare eligible non-union retirees and dependents

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Why this Approach?

• Private supplemental Medicare insurance market offers access to comprehensive coverage at lower cost than current group plans

• Nearly half of our non-union Medicare population opt out of group coverage to purchase insurance in the private market (or other sources)

• Enables each retiree and dependent to choose coverage that best meets their individual needs

• Retiree participants losing group coverage are not subject to pre-existing conditions restrictions or underwriting during this enrollement period (except for end-stage renal disease)

• Provides access to expert decision support resources so you can make informed health care choices

• Extend Health is the industry leading retiree advocacy service

U. S. Steel is committed to providing access to affordable and quality health care coverage that supplements benefits available through traditional Medicare

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Why Extend Health?

Largest most experienced independent Medicare Coordinator (private insurance exchange) providing enrollment support in supplemental Medicare plans• Expertise – Personalized expert support from licensed benefit

advisors - rigorously trained to help retirees compare and select coverage

• Experience – Has helped hundreds of thousands of Medicare eligible retirees transition from group health plans and enroll in supplemental coverage in the individual market

• Culture – Supports a “No Retiree Left Behind” philosophy for supporting retirees during enrollment and ongoing advocacy after retirees are enrolled

• Tools – Simple approach to helping individuals choose and enroll in a supplemental plan that suits their individual needs

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How This Affects You

• Depends on what coverage you choose• Private supplemental Medicare insurance options generally provide

comprehensive coverage and more affordable premiums than current group coverage

• You will have more health care coverage options to choose from – you can enroll through Extend Health or on your own

• You and your Medicare covered dependents enroll separately• Extend Health provides personalized decision support and enrollment

assistance

• Extend Health is here to help you understand the costs associated with your coverage options – premiums, co-payments, deductibles and all other costs.

What you pay

How you enroll

Your support

U. S. Steel and Transtar, Inc. group sponsored coverage for non-union Medicare participants ends December 31, 2011

You must select and enroll in plans available in the individual market to maintain supplemental Medicare insurance coverage and must do so prior December 7, 2011 to have supplemental Medicare insurance coverage effective January 1, 2012

Extend Health can help you assess options and enroll in the coverage that’s right for you

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What You Need To Do Action required by current participants in U. S. Steel sponsored group coverage!

• Enroll in Medicare Part B if not already enrolled• Choose new individual supplemental Medicare medical

and/or prescription drug plan(s) if you want supplemental Medicare and prescription drug coverage in 2012• Enroll through Extend Health or on your own between

October 17 and December 7• You and your eligible dependents each need to enroll separately

for coverage

During this enrollment period only, coverage elections are guaranteed and not subject to underwriting if you

are losing group coverage

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Retirees or covered spouses who are not yet eligible for Medicare

• Change generally will not affect non-union retiree participants who currently are not eligible for Medicare

• U. S. Steel sponsored program for pre-Medicare retirees and eligible spouses remains available

• 2012 Annual Enrollment period information will be mailed soon

• Pre-Medicare participants will receive information about Retiree Choices when the individual becomes Medicare eligible

Introducing Extend HealthThe Industry’s Largest Private Medicare Exchange

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Who is Extend Health?

• Independent company, dedicated to serving Medicare- eligible retirees.

• Partner with 70+ health plan carriers to provide you coverage to fit your individual needs and budget.

• Objective and Trusted U. S. –based licensed benefit advisors.

• Focused on helping each participant make an informed and confident decision.

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Why Extend Health?

• We are experienced in helping people just like you

• Enrolled over 350,000 participants

• Our services are provided at no cost to you

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Plans & Partners

All Medicare Plan Types

Medicare Advantage Medigap Prescription Drug (Part D)

Vision Dental

Select Carrier Partners

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You will need to pay your first premium when you enroll…

PART DPLAN

MEDIGAPPLAN

OPTION 1:Medigap Plan + Part D Plan

MEDIGAP (Medicare Supplement)A Medigap plan fills the “gaps” in original Medicare Part A and Part B coverage (i.e., helps pay the difference between your costs and the amount original Medicare pays). These plans provide additional coverage for your doctor visits and hospital stays as well as other expenses not covered by original Medicare.

PART D PLANA Part D plan supplements Medigap to provide prescription drug coverage. These plans help pay for your prescription drug expenses.

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MEDICAREADVANTAGE

OPTION 2:Medicare Advantage Plan with Prescription Drug Coverage (MAPD)*

MAPD PLANAn MAPD plan provides an all-in-one plan which bundles your Part A, Part B and prescription drug coverage together with additional benefits. These plans provide coverage for your doctor visits, hospital stays, and prescription drug expenses.

* Note that Medicare Advantage plans are generally network based plans

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Medicare Prescription Drug CoverageFor 2012 (Part D Plan)

Initial CoverageYou pay* Deductible and Co-payments for your plan* Coverage for the first $2,930 in Actual Cost of medications

Coverage Gap – Donut HoleYou pay* 50% of Brand Drugs and 86% of Generics Until out of pocket costs reach $4,700

Catastrophic CoverageYou pay* $2.60 for generics and $6.50 for brand Or 5% which ever is greater

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Educate

Evaluate/Enroll

Manage

The Process

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EducationGetting Started Guide

Gather information Current prescriptions and

preferred physicians Current coverage and health

conditions *

Give us a call toll-free at 866-715-2358

Visit us on line www.ExtendHealth.com/uss

* Pre-existing conditions will not limit your plan selection - except end-stage renal disease

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EducationEnrollment Guide

• Prepare you for enrollment discussion

• Review Medicare basics• Appointment confirmation

letter

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Decision Support Tools

• Help Me Choose• Prescription

Profiler

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Licensed Benefit Advisor• 100% domestic workforce• Objective advocacy• Neutral compensation• Extend University• Licensed, certified, appointed• Average age 43

Hours of OperationMonday – Friday9 a.m. – 9 p.m. Eastern Standard Time

Call Extend Health Toll-Free at 1 - 866 - 715 - 2358

Evaluate and Enroll

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Enrollment Process

Benefit Advisors can discuss coverage options with anyone – need to speak to the participant to complete the enrollment.

Once you have made a coverage selection, enrollment is conducted via telephone.

100% of calls are recorded.

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Medicare & You

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Your Future Coverage

Primary Coverage Medicare Parts A & B

Additional Coverage (Your Choice)

Medigap + Prescription Drug (PDP)

orMedicare Advantage with Prescription Drug (MAPD)

Optional Coverage (Your Choice)

Dental and Vision

Next Steps

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Before calling Extend Health

Review Getting Started Guide

Gather Medicare Card, prescriptions, & doctor information

Call Extend Health Toll-Free at 1-866-715-2358

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Post Enrollment Customer Service

• Advocacy and support services.—Toll Free number to contact Extend Health

representative.—Direct support for claims issues, appeals and network

questions.• Renewal process – ability to pick new coverage for future

years – not locked into this year’s coverage choice forever.—Enrollment elections are generally for a one year

period.• Ongoing enrollment services as retiree or spouse turns age

65.

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• Things to consider– Cost– Benefits– Where you live during the year– Choices

• Doctor• Hospital• Pharmacy

– Prescription drug usage– Convenience

Some additional thoughts about making your choice

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1. Contact Extend Health – offers one-stop-shopping for all benefit advisory and advocacy services• Choice to use Extend Health is yours to make

2. Evaluate and select the medical and prescription drug coverage that best meets your needs

3. Enroll in plan(s) selected and make arrangement for premium payment

What you need to do – three steps

Questions & Answers