Your medical and prescription drug options
You have three health care plan options to provide you with choice and flexibility — including the High Deductible Health Plan with a Health Savings Account (HDHP/HSA), Exclusive Provider Organization (EPO), and Preferred Provider Organization (PPO) options. All options are administered by Anthem BCBS and the provider network is the same for all options.
If you enroll in a Colgate-Palmolive medical plan, you are automatically covered for prescription drugs under the Prescription Drug Plan, administered by CVS Caremark. Your copays, coinsurance, deductibles, and other out-of-pocket costs for prescription drugs vary based on the medical plan you elect.
Remember, many factors make up the total amount you’ll pay for health care costs.
Exclusive Provider Organization (EPO)
You pay a fixed amount, called a copay, (for example, $30 to visit a specialist) for a covered health service when you receive care. There is very limited out-of-network coverage (see Network on plan compare below), so you must use a provider within the plan network or you will be responsible for the full cost of your medical services. Preventive services obtained at in-network providers are covered at 100% and are not subject to copayments.
Preferred Provider Organization (PPO)
You pay the full cost up to the deductible amount, and then pay a percentage of the cost (called coinsurance) until you reach the out-of-pocket maximum. You can choose between using in-network services at lower out-of-pocket costs or using providers outside the network at a higher cost (and subject to maximum allowable amount criteria). Preventive services obtained at in-network providers are covered at 100% and are not subject to copayments, coinsurance or deductibles.
High Deductible Health Plan with Health Savings Account (HDHP/HSA)
You pay the full cost up to the deductible amount, and then pay a percentage of the cost (called coinsurance) until you reach the out-of-pocket maximum. You can choose between using in-network services at lower out-of-pocket costs and using providers outside the network at a higher cost (and subject to maximum allowable amount criteria). Preventive services, including certain preventive drugs obtained at in-network providers/pharmacies are covered at 100% and are not subject to copayments, coinsurance or deductibles. With the HDHP/HSA, Colgate-Palmolive will automatically contribute to an HSA for you.
Exclusive Provider Organization (EPO)
You pay a fixed amount, called a copay, (for example, $30 to visit a specialist) for a covered health service when you receive care. There is very limited out-of-network coverage (see Network on plan compare below), so you must use a provider within the plan network or you will be responsible for the full cost of your medical services. Preventive services obtained at in-network providers are covered at 100% and are not subject to copayments.
Preferred Provider Organization (PPO)
You pay the full cost up to the deductible amount, and then pay a percentage of the cost (called coinsurance) until you reach the out-of-pocket maximum. You can choose between using in-network services at lower out-of-pocket costs or using providers outside the network at a higher cost (and subject to maximum allowable amount criteria). Preventive services obtained at in-network providers are covered at 100% and are not subject to copayments, coinsurance or deductibles.
High Deductible Health Plan with Health Savings Account (HDHP/HSA)
You pay the full cost up to the deductible amount, and then pay a percentage of the cost (called coinsurance) until you reach the out-of-pocket maximum. You can choose between using in-network services at lower out-of-pocket costs and using providers outside the network at a higher cost (and subject to maximum allowable amount criteria). Preventive services, including certain preventive drugs obtained at in-network providers/pharmacies are covered at 100% and are not subject to copayments, coinsurance or deductibles. With the HDHP/HSA, Colgate-Palmolive will automatically contribute to an HSA for you.
Get help weighing your options. Use the Coverage Advisor Tool.
Speak with a Benefits Counselor for personalized support in making decisions about your benefits. Schedule your complimentary 1:1 appointment at colgate.myenrollmentinfo.com or call 866-770-6523.
