Northrop Grumman Legacy Officers Plan Matrix (Plan Year July 1, 2011 – June 30, 2012)
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Summary
This document outlines the Northrop Grumman Legacy Officers Plan for the plan year July 1, 2011 to June 30, 2012. It details comprehensive health, dental, vision, hearing, and disability benefits for eligible employees and their families, including 100% coverage for most medical and dental expenses, generous life and disability insurance, and specific limits for therapies and other services. The plan was closed to new participants as of July 1, 2009 and renamed in 2010. Coverage is administered by Anthem Blue Cross and Delta Dental.
EX-10.16 15 v59597exv10w16.htm EX-10.16 exv10w16
Exhibit 10.16
Northrop Grumman Legacy Officers Plan* Matrix Plan Year July 1, 2011 June 30, 2012
Plan Features | Benefit | ||||
Eligibility | Employee + Spouse & Children and or Adult Children up to age 26 | ||||
Medical Plan | Premium PPO Plan administered by Anthem Blue Cross | ||||
Coverage | 100% coverage, for all eligible plan expenses | ||||
Annual Deductible | No annual deductible | ||||
Co-payment/Co-Insurance | No co-payment/co-Insurance | ||||
Preventive Care Coverage | No limits as long as procedures fall under Anthems Guidelines | ||||
Prescription Drug Coverage | Covered under Medical Plan | ||||
Annual Deductible | No annual deductible | ||||
Coverage retail 30 day supply | 100% coverage, when network pharmacy utilized | ||||
Coverage mail order 90 day supply | 100% coverage, when network pharmacy utilized | ||||
Vision Coverage | $500 maximum reimbursement per person, per plan year, for exams, glasses, contact lenses | ||||
Hearing Coverage | Up to two hearing aids per person, per plan year | ||||
Acupuncture and Acupressure | 20 visits (combined) per person, per plan year | ||||
Chiropractic Care | 40 visits per person, per plan year (in and out of network) | ||||
Physical Therapy | 50 visits per person, per plan year (in and out of network) | ||||
Speech Therapy | 50 visits per person, per plan year (in and out of network) | ||||
Occupational Therapy | 50 visits per person, per plan year (in and out of network) | ||||
Mental Health Coverage | Mental health is 100% covered (in and out of network); Office visits unlimited. Inpatient treatment based on mental health, substance abuse or detox treatment will allow a combined total of 30 days coverage with pre-authorization or utilization review and includes out-of-network providers. | ||||
Health Plan Lifetime Maximums | No Lifetime Maximums for essential medical, prescription drug or mental health benefits | ||||
Dental Plan | Premium PPO Plan administered by Delta Dental | ||||
Annual Maximum | $4,000 per person per plan year | ||||
Coverage | 100% coverage, for all eligible plan expenses up to annual maximum, including Orthodontics | ||||
Annual Deductible | No annual deductible | ||||
Co-payment/Co-Insurance | No co-payment/co-Insurance | ||||
Eligibility | Employee only | ||||
Life Insurance Coverage | Company-paid basic life insurance 3x annual base salary up to a maximum of 2 million | ||||
Accidental Death & Dismemberment Coverage | Company-paid basic accidental death & dismemberment insurance 6 x Annual base salary up to a maximum of $1 million | ||||
Long-Term Disability (LTD) | Company-paid basic LTD benefit of 75% of monthly base salary, up to a maximum monthly benefit $25,000 | ||||
* | Executive Health Plan was frozen to new participants on July 1, 2009 and renamed Legacy Officers Plan effective July 1, 2010 |