BENEFITS BREAKDOWN. A Walmart Company

Size: px

Start display at page:

Download "BENEFITS BREAKDOWN. A Walmart Company"

Jewel Margery Chapman
5 years ago
Views:

1 BENEFITS BREAKDOWN A Walmart Company

MEDICAL BENEFITS ELIGIBILITY - COMPARISONS Administrator UHC Based upon (Aetna, BCBS, UHC or HSB) Eligibility Requirements Salaried and Full Time Hourly: date of hire Hourly working at least 30 hours

2 MEDICAL BENEFITS ELIGIBILITY - COMPARISONS Administrator UHC Based upon (Aetna, BCBS, UHC or HSB) Eligibility Requirements Salaried and Full Time Hourly: date of hire Hourly working at least 30 hours per week; coverage available on the 1 st of the month following their hire date or transition to Full Time Full time working 30 hours New hire management: Date of hire New hire hourly: 1st day of the month in which 89th day of employment falls New hire part-time/temporary: 1st day of the 2nd month following 52 week anniversary averaging 30 hours/week Dependent Eligibility Spouse (incld DP) Dependent children Spouse/Partner (not covered for PT) Dependent children Other Self-insured only: Castlight Doctor on Demand Grand Rounds Centers of Excellence for transplants, cardiac, spine, hip and knee replacement, and medical review of certain cancer types

3 MEDICAL BENEFITS ELIGIBILITY COMPARISONS *Bonobos retail - moving from Bonobos Benefits to Walmart Standard Benefits Medical Plans PPO 2000 PPO 1000 PPO 750 HSA HRA HRA High HSA Emory ACP Banner ACP Select Network Blue Care Network East/SE Kaiser CA High Option Kaiser of OR High Kaiser of OR Low Medical Funding Fully-insured Fully-insured Fully-insured Fully-insured Self-insured Self-insured Self-insured Self-insured Self-insured Self-insured Fully-insured Fully-insured Fully-insured Fully-insured Biweekly Associate Contributions Associate Only $34.33 $38.49 $51.96 $0 $26.10 $78.50 $29.10 $43.40 $20.90 $20.80 $77.20 $54.70 $62.90 $44.50 Associate & Spouse Associate & Children Associate & Family Individual Deductible Family Deductible $72.09 $80.82 $ $0 $ $ $ $ $99.80 $110 $ $ $ $ $60.07 $67.35 $90.94 $0 $41.90 $ $45.70 $67.90 $33.50 $34.30 $ $92.40 $96.60 $68.30 $ $ $ $0 $ $ $ $ $ $ $ $ $ $ $2,000 $1,000 $750 $2,000 $2,750 $1,750 $3,000 $1,750 $3,000 $2,750 $1,000 $1,000 $1,000 $1,500 $4,000 $2,000 $1,500 $4,000 $5,500 $3,500 $6,000 $3,500 $6,000 $5,500 $2,000 $2,000 $2,000 $3,000 HRA Co. Cont. N/A N/A N/A N/A $300/$600 $500/$1,000 N/A N/A N/A N/A N/A N/A N/A N/A HSA Co. Match >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, N/A N/A $350/$700 N/A N/A N/A N/A N/A N/A N/A Individual OOP $4,000 $4,500 $3,500 $5,000 $6,850 $6,850 $6,650 $6,850 $6,850 $6,850 $6,850 $6,550 $6,850 $6,850 Family OOP $8,000 $9,000 $7,000 $10,000 $13,700 $13,700 $13,300 $13,700 $13,700 $13,700 $13,700 $13,100 $13,700 $13,700 Coinsurance (in-network) 80% 80% 90% 90% 75% 75% 75% 75% 75% 75% 80% 75% 75% 75% PCP Copay $25 $25 $25 N/A N/A N/A N/A $35 $35 $35 $35 $35 $35 $35 Specialist Copay $25 $25 $25 N/A N/A N/A N/A $75 $75 $75 $50 $50 $60 $60 Rx Copay $10 to $60 $10 to $30 $10 to $30 $10 to $ 60 $4 to $50/25% $4 to $50/25% $4 to $50/25% after deductible $4 to $50/25% $4 to $50/25% $4 to $50/25% $10 to $75 $10 to $150 $10 to $75/25% $10 to $75/25% Atlanta, GA Scottsdale, AZ TX: Austin, Dallas, Fort Worth, Houston, Plano; NY: Brooklyn, New York; IL: Chicago, Oak Brook Detroit, MI CA Portland, OR Portland, OR

4 MEDICAL BENEFITS ELIGIBILITY COMPARISONS_CONTINUED *Bonobos retail - moving from Bonobos Benefits to Walmart Standard Benefits Medical Plans PPO 2000 PPO 1000 PPO 750 HSA Kaiser CA Low Health Net Excelcare High Health Net Excelcare Low Health Net Salud y Mas Kaiser CO Low Kaiser GA Low Kaiser Mid- Atlantic Low Kaiser of Washington UPMC HMO Medical Funding Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Biweekly Associate Contributions Associate Only $34.33 $38.49 $51.96 $0 $26.40 $56.30 $36.80 $36.30 $41.80 $36.30 $34.50 $81.70 $74.40 Associate & Spouse Associate & Children Associate & Family Individual Deductible $72.09 $80.82 $ $0 $92.70 $ $ $ $ $ $ $ $ $60.07 $67.35 $90.94 $0 $39.60 $ $75.60 $58.10 $57.50 $58.10 $51.50 $ $ $ $ $ $0 $ $ $ $ $ $ $ $ $ $2,000 $1,000 $750 $2,000 $1,500 N/A N/A N/A $1,500 $1,500 $1,500 $1,500 $1,000 Family Deductible $4,000 $2,000 $1,500 $4,000 $3,000 N/A N/A N/A $3,000 $3,000 $3,000 $3,000 $2,000 HRA Co. Cont. N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A HSA Co. Match N/A N/A N/A >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, N/A N/A N/A N/A N/A N/A N/A N/A N/A Individual OOP $4,000 $4,500 $3,500 $5,000 $6,550 $6,850 $6,850 $6,850 $6,850 $6,850 $6,850 $6,850 $6,850 Family OOP $8,000 $9,000 $7,000 $10,000 $13,100 $13,700 $13,700 $13,700 $13,700 $13,700 $13,700 $13,700 $13,700 Coinsurance (in-network) 80% 80% 90% 90% 75% 75% 75% 75% 75% 75% 75% 80% $75% PCP Copay $25 $25 $25 N/A $35 $35 $35 $35 $35 $35 $35 $25 $35 Specialist Copay $25 $25 $25 N/A $50 $75 $75 $75 $75 $75 $75 $50 $75 Rx Copay $10 to $60 $10 to $30 $10 to $30 $10 to $ 60 $10 to $150 $10 to 50% ($250 max) $10 to $50 $10 to $50 $15 to $75 $10 to $50 $15 to $90 $10 to $40 $10 to $75 CA Only CA Only CA Only CA Only Denver, CO GA: Alpharetta, Atlanta Bethesda, MD; McLean, VA; Washington, DC Seattle, WA Pittsburgh, PA

5 MEDICAL BENEFITS ELIGIBILITY COMPARISONS_CONTINUED *Bonobos NYC HQ - moving from Bonobos Benefits to Walmart ecommerce Benefits Medical Plans PPO 2000 PPO 1000 PPO 750 HSA ecomm PPO HSA Medical Funding Fully-insured Fully-insured Fully-insured Fully-insured Fully-insured Self-insured Biweekly Associate Contributions Associate Only $34.33 $38.49 $51.96 $0 $32 $29.10 Associate & Spouse $72.09 $80.82 $ $0 $139 $ Associate & Children $60.07 $67.35 $90.94 $0 $54 $45.70 Associate & Family $ $ $ $0 $161 $ Individual Deductible $2,000 $1,000 $750 $2,000 $300 $3,000 Family Deductible $4,000 $2,000 $1,500 $4,000 $600 $6,000 HRA Co. Cont. N/A N/A N/A N/A N/A N/A HSA Co. Match >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, >75k ($800 AO; $1,600 AS, <75k ($1k AO; $2k AS, N/A $350/$700 Individual OOP $4,000 $4,500 $3,500 $5,000 $1,500 $6,650 Family OOP $8,000 $9,000 $7,000 $10,000 $3,000 $13,300 Coinsurance (in-network) 80% 80% 90% 90% 90% 75% PCP Copay $25 $25 $25 N/A $15 N/A Specialist Copay $25 $25 $25 N/A $25 N/A Rx Copay $10 to $60 $10 to $30 $10 to $30 $10 to $ 60 $10 to $30 $4 to $50/25% applies after deductible

DENTAL BENEFITS ELIGIBILITY - COMPARISONS Administrator UHC Delta Eligibility Requirements Same as medical New hire management: Date of hire New hire hourly: 1st day of the month in which 89th day of

6 DENTAL BENEFITS ELIGIBILITY - COMPARISONS Administrator UHC Delta Eligibility Requirements Same as medical New hire management: Date of hire New hire hourly: 1st day of the month in which 89th day of employment falls New hire part-time/temporary: 1st day of the 2nd month following 52 week anniversary Dependent Eligibility Same as medical No hours requirement Spouse/Partner (not covered for PT) Dependent children - Must remain in the plan for 2 full calendar years Funding Fully Insured Self-Insured

7 DENTAL BENEFITS - COMPARISONS Old Benefit Package New Benefit Package 2018 Plans Traditional Traditional Biweekly Associate Contributions Associate Only $14.82 $8.30 Associate & Spouse $29.64 $20.00 Associate & Children $31.42 $19.40 Associate & Family $48.45 $33.90 Individual Deductible $100 per member $75 Family Deductible $300 $225 Max per Person $1,000 $2,500 Preventative 100% 100% Basic 70% 80% Major 50% 50% Ortho Max N/A 80% up to $1,500 lifetime max per person

8 VISION BENEFITS - COMPARISONS Administrator UHC VSP Eligibility Requirements Same as medical New hire management: Date of hire New hire hourly: 1st day of the month in which 89th day of employment falls New hire part-time/temporary: 1st day of the 2nd month following 52 week anniversary Dependent Eligibility Same as medical No hours requirement Spouse/Partner (not covered for PT) Dependent children Funding Fully Insured

VISION BENEFITS - COMPARISONS Biweekly Associate Contributions Associate Only $2.22 $2.76 Associate & Spouse $4.20 $5.52 Associate & Child(ren) $4.92 $5.52 Associate & Family $6.92 $8.

9 VISION BENEFITS - COMPARISONS Biweekly Associate Contributions Associate Only $2.22 $2.76 Associate & Spouse $4.20 $5.52 Associate & Child(ren) $4.92 $5.52 Associate & Family $6.92 $8.26 Exam Copay $10 $4 Lenses Copay $0 after deductible $4 Applies with purchase of frames, lenses, or both. Copay is charged only once when frames and lenses are purchased together. Progressive lens $55 copay. Frames $150 reimbursement; 30$ discount over allowance $130 allowance ($4 copay is charged only once when frames and lenses are purchased together.) Contacts $105 reimbursement $130 in lieu of glasses

LIFE/AD&D BENEFITS - COMPARISONS Eligibility Dependent children up to age 26 Company Paid Life Insurance 1x annual salary max of $500,000 No POGH 1x annual salary max of $50,000 No cost Optional Life

10 LIFE/AD&D BENEFITS - COMPARISONS Eligibility Dependent children up to age 26 Company Paid Life Insurance 1x annual salary max of $500,000 No POGH 1x annual salary max of $50,000 No cost Optional Life Insurance $10,000 to $500,000 Guarantee issue of $150,000 Management: Up to $1,000,000 Hourly: $200,000 Spouse: Up to $100,000 Dependent Children: $2k, $5k or $10k option Accidental Death & Dismemberment N/A Management: Up to $1,000,000 Hourly: Up to $200,000 Payout depends on diagnosis; Employee pay Optional Plans N/A Accident Insurance: provides benefits if associate or any covered dependents receive a covered treatment related to an off-the-job accident. Critical Illness Insurance: benefits in the form of direct lump-sum payments which can be used to help pay for expenses related to covered critical illnesses and diseases.

DISABILITY BENEFITS - COMPARISONS STD Company paid 60% of pay up to 12 weeks Self-insured Company paid Begins on the 8th day of a disability Salary: 6 weeks at 100%; 19 weeks at 75%; no max Full Time

11 DISABILITY BENEFITS - COMPARISONS STD Company paid 60% of pay up to 12 weeks Self-insured Company paid Begins on the 8th day of a disability Salary: 6 weeks at 100%; 19 weeks at 75%; no max Full Time Hourly Basic: 25 weeks; 50% of pre-disability earnings/max of $200 per week Full Time Hourly Enhanced: 60% of pre-disability earnings/no max (associate contribution) LTD Fully insured Company paid Begins after 90 days 50% of pay Fully insured Associate Paid Basic: 50% of pre-disability earnings Enhanced: 60% of pre-disability earnings Maternity Leave (birth mothers) FT Hourly and Salary: 10 weeks paid Parental Leave Primary caregiver: 12 weeks of paid leave Non-primary caregiver: 6 weeks of paid leave Salaried: 12 weeks paid Full-Time Hourly: 2 weeks paid For birth, adoption, foster care, and after maternity leave for birth mothers

12 401(K)/STOCK PURCHASE COMPARISONS 401(k) Eligible immediately No company match/contribution 6% Company match 100% Vest ASPP N/A 15% match (max $270 per year)

OTHER BENEFITS - COMPARISONS Dependent Care Reimbursement Account Up to $5,000 in Dependent Care FSA; no company contribution N/A Flexible Savings Account Up to $2,550 in FSA; no company contribution

13 OTHER BENEFITS - COMPARISONS Dependent Care Reimbursement Account Up to $5,000 in Dependent Care FSA; no company contribution N/A Flexible Savings Account Up to $2,550 in FSA; no company contribution N/A Commuter option Commuter Transit Commuter Parking Commuter Transit Commuter Parking EAP Resources For Living Telephonic support 3 face-to-face sessions Discounts Walmart Associate Discount (10% on general merchandise) - implementation date TBD Other ZP Program Even Tobacco cessation

BENEFITS BREAKDOWN. A Walmart Company

BENEFITS BREAKDOWN. A Walmart Company BENEFITS BREAKDOWN A Walmart Company MEDICAL BENEFITS ELIGIBILITY - COMPARISONS Administrator UHC Based upon location (Aetna, BCBS, UHC, or HSB) Eligibility Requirements Full time and part-time assoicates