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GATES BENEFITS QUARTERLY NEWSLETTER

May 2024

What's Inside?

  • Mental Health Awareness Month - May
  • Financial Wellness Tools
  • EAP Resources
  • Discounts and Perks

MAY IS MENTAL HEALTH MONTH

Being active offers numerous benefits for your mental health. In fact, individuals who engage in moderate exercise for 20 minutes a day, five days a week, have 43% lower risk of major depression compared to non-exercisers.

Discovering activities you enjoy – It could be gardening in the evening, starting your day with a jog, riding a bike, or playing basketball with your children after school.


Seek assistance from your healthcare provider – They can help you set goals, design a plan that fits your capabilities and offer suggestions tailored to your needs. Both Gates’ EAP through Magellan and Gates’ medical provider, UHC, offer behavior health benefits that can help support this. Visit the Member.MagellanHealthcare.com for more information.


Reframe your thinking – Don’t think of exercise as a chore but rather a means to improve your overall wellbeing. Anticipate setbacks and obstacles. Keep at it to reap the benefits!


CHARLES SCHWAB FINANCIAL WELLNESS RESOURCES

Thanks to our ongoing relationship with Charles Schwab, all employees can now get financial guidance and planning support from The Schwab Financial Concierge™ team with no hidden costs.

Think of Schwab Financial Concierge as the first stop for all your personal finance needs. If you have a question, want guidance on the next step to take, or are looking to map out your financial goals, the Schwab Financial Concierge team is here to help.

Here’s how it works:

  • You can make an appointment or call 877-566-2027 at your convenience.
  • A Schwab financial professional will answer questions, address concerns, and put your needs and best interests first when offering guidance.
  • If you want to focus on planning, you can work with a Schwab professional to create a personalized financial plan at no cost to you.

Additionally, Charles Schwab offers webinars that cover various financial topics such as planning, investing and more.

Behavioral finance: How emotions impact financial decisions
Explore the science behind how we make financial decisions, and learn how to be smarter about your money.
May 14, 1 p.m. ET
Visit https://www.schwab.com/yourmoney to register

Live panel discussion: Money and mental health
Financial stress affects everyone. Learn how money impacts our emotions and get tips for coping with financial strain.
May 22, 12 p.m. ET
Visit https://www.schwab.com/yourmoney to register

Helping your aging parents
Hear our experts share the important things to consider when discussing finances with your parents.
June 13, 3 p.m. ET
Visit https://www.schwab.com/yourmoney to register

DISCOUNTS AND PERKS

HINGE HEALTH

Gates employees who are on the UHC medical plan can take advantage of the great offerings with Hinge Health at no additional cost to you. Hinge Health offers back, knee, shoulder, hip and other exercise therapy tailored to specific conditions. Hinge Health's guided exercise therapy can help Gates employees achieve their fitness goals while also caring for their bodies. Click here to get started!



FITNESS REIMBURSEMENT

Employees enrolled in a Gates medical plan are eligible for reimbursement of eligible fitness membership fees up to $200 per year. Eligible programs include; gym or fitness membership fees, P90X membership, or a Peloton monthly subscription. Please provide the fitness reimbursement form to UHC to receive your reimbursement.



PET INSURANCE

Wishbone is health insurance for your pet. For a monthly premium, your policy reimburses you for covered veterinary medical expenses due to illness, accidents, and injury treatments. Pet insurance gives you peace of mind knowing that if and when something happens, you won’t be on the hook for thousands of dollars of medical care.

Enroll in pet health insurance from Wishbone and receive 90% reimbursement on your pet’s veterinary care. With a low deductible of $250, protecting your pet’s health and your finances has never been easier!

Get a quote & enroll at http://www.wishboneinsurance.com/gates

EAP TOOLS AND RESOURCES

Mental Health Resources

Our Employee Assistance Program (EAP) through Magellan is a confidential service, offering you and your household members access to counseling and life- enhancing programs to help you live your best life. Core services within this program, such as counseling and lifestyle coaching, are paid for by Gates. No one at Gates will be informed of any personal information you share with Magellan.

Magellan provides access to a nationwide network of licensed counselors for support with challenges such as stress, anxiety, grief, substance misuse, relationships, parenting and more. Counseling is c confidential and available in-person, by text message, live chat, phone or video conference. Employees and their household members have access to 5 sessions per issue per year at no cost. Find out more at: Member.MagellanHealthcare.com.


External Resources

Find Help

Important Links

Benefits Support

Contact Information

Ethics and Compliance

2024 Benefits Rates

National Suicide Prevention Lifeline

National Alliance of Mental Health

Mental Health Services Administration (SAMHSA) Substance Abuse Helpline

Magellan

Important Links

Benefits Support

Contact Information

Ethics and Compliance

2024 Benefits Rates

National Suicide Prevention Lifeline

National Alliance of Mental Health

Mental Health Services Administration (SAMHSA) Substance Abuse Helpline

Magellan

Benefit Plan Documents

2020 SAR Gates Employee Welfare Benefits Plan

2020 SAR Gates Life Accident LTD Plan

2021 Creditable Coverage Disclosure Notice

2021 Legal Notices – The Hartford

2020 SAR Gates 401k Matchmaker Plan

2021 SMM Roth Amendment Gates 401k Matchmaker Plan

2021 SMM 5th Amendment Gates 401k Matchmaker Plan

2019 SMM Gates 401k Matchmaker Plan

2023 SBC Retiree Medical Plan (Post 1992 Retirees)

2023 SBC Retiree Medical Plan (Pre 1992 Retirees)

2021 Gates Life Addicent LTD SPD

2021 Gates Life Accident LTD SMM

2021 Gates EE Welfare Benefit Plan SMM

2021 Gates EE Wellfare Benefit Plan SPD

2020 Creditable Coverage Notice

2019 Term Life Certificate

2019 Term Life Change Summary

Benefit Plan Documents

2020 SAR Gates Employee Welfare Benefits Plan

2020 SAR Gates Life Accident LTD Plan

2021 Creditable Coverage Disclosure Notice

2021 Legal Notices The Hartford

2020 SAR Gates 401k Matchmaker Plan

2021 SMM Roth Amendment Gates 401k Matchmaker Plan

2021 SMM 5th Amendment Gates 401k Matchmaker Plan

2019 SMM Gates 401k Matchmaker Plan

2023 SBC Retiree Medical Plan Post 1992 Retirees

2023 SBC Retiree Medical Plan Pre 1992 Retirees

2021 Gates Life Addicent LTD SPD

2021 Gates Life Accident LTD SMM

2021 Gates EE Welfare Benefit Plan SMM

2021 Gates EE Wellfare Benefit Plan SPD

2020 Creditable Coverage Notice

2019 Securian Term Life Certificate

Securian Term Life Change Summary 2018