BENEFITS BREAKDOWN. A Walmart Company

Transcription

1 BENEFITS BREAKDOWN A Walmart Company

2 MEDICAL BENEFITS ELIGIBILITY - COMPARISONS Administrator UHC Based upon location (Aetna, BCBS, UHC, or HSB) Eligibility Requirements Full time and part-time assoicates No Wait 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 (incl DP) Dependent children Spouse/Partner (not covered for PT) Dependent children Other UHC Health4Me UHC My Healthcare Cost Estimator 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 COMPARISONS * Jet Call Center and Fulfillment Centers moving from Jet Benefits to Walmart Standard Benefits Medical Plans Traditional PPO Balanced PPO HDHP HRA HRA High HSA Aetna Select Mercy ACP Medical Funding Self-insured Self-insured Self-insured Self-insured Self-insured Self-insured Self-insured Self-insured Biweekly Associate Contributions Associate Only $92 $46 $35 $26.10 $78.50 $29.10 $20.80 $43.40 Associate & Spouse $215 $115 $92 $ $ $ $ $ Aassociate & Child(ren) $175 $92 $69 $41.90 $ $45.70 $34.30 $67.90 Associate & Family $318 $173 $138 $ $ $ $ $ Individual Deductible N/A $1,000 $1,300 $2,750 $1,750 $3,000 $2,750 $1,750 Family Deductible N/A $2,000 $2,600 $5,500 $3,500 $6,000 $5,500 $3,500 HRA Co. Cont. N/A N/A N/A $300/$600 $500/$1,000 N/A N/A N/A HSA Co. Match N/A N/A N/A N/A N/A $350/$700 N/A N/A Individual OOP $2,000 $4,500 $3,500 $6,850 $6,850 $6,650 $6,850 $6,850 Family OOP $4,000 $9,000 $7,000 $13,700 $13,700 $13,300 $13,700 $13,700 Coinsurance (in-network) - 80% 90% 75% 75% 75% 75% 75% PCP Copay $25 $25 N/A N/A N/A N/A $35 $35 Specialist Copay $35 $35 N/A N/A N/A N/A $75 $75 Rx Copay $10 to $50 $10 to $70 $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% Pedricktown & Burlington, NJ Bentonville, AR

4 MEDICAL BENEFITS COMPARISONS * Jet Corporate moving from Jet Benefits to Walmart ecommerce Benefits Medical Plans Traditional PPO Balanced PPO HDHP ecomm PPO HSA Kaiser ecomm Medical Funding Self-insured Self-insured Self-insured Fully-insured Self-insured Fully-insured Biweekly Associate Contributions Associate Only $92 $46 $35 $32 $29.10 $29 Associate & Spouse $215 $115 $92 $139 $ $125 Aassociate & Child(ren) $175 $92 $69 $54 $45.70 $49 Associate & Family $318 $173 $138 $161 $ $145 Individual Deductible N/A $1,000 $1,300 $300 $3,000 $1,000 Family Deductible N/A $2,000 $2,600 $600 $6,000 $2,000 HRA Co. Cont. N/A N/A N/A N/A N/A N/A HSA Co. Match N/A N/A N/A N/A $350/$700 N/A Individual OOP $2,000 $4,500 $3,500 $1,500 $6,650 $6,550 Family OOP $4,000 $9,000 $7,000 $3,000 $13,300 $13,100 Coinsurance (in-network) - 80% 90% 90% 75% 75% PCP Copay $25 $25 N/A $15 N/A $35 Specialist Copay $35 $35 N/A $25 N/A $50 Rx Copay $10 to $50 $10 to $70 $10 to $60 $10 to $30 copay $4 to $50/25% after deductible $10 to $50 Store 8, CA Only

5 DENTAL BENEFITS ELIGIBILITY - COMPARISONS Administrator Aetna Delta Eligibility Requirements Full time and Part-Time associates No Wait 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 - Must remain in the plan for 2 full calendar years Dependent Eligibility Spouse (incl DP) Dependent children No hours requirement Spouse/Partner (not covered for PT) Dependent children Funding Fully Insured Self-insured

6 DENTAL BENEFITS - COMPARISONS Plans DMO DPPO Traditional Biweekly Associate Contributions ($0 if enrolled in Medical) Associate Only $2.31 $4.62 $8.30 Associate & Spouse $5.08 $9.69 $20.00 Associate & Child(ren) $6.46 $18.46 $19.40 Associate & Family $9.69 $26.31 $33.90 Individual Deductible None $50 $75 Family Deductible None $150 $225 Max per Person None $1,750 $2,500 Preventative 100% 100% 100% Basic 100% 80% 80% Major 60% 50% 50% Ortho Max $1,500 $1,500 80% up to $1,500 lifetime max per person

7 VISION BENEFITS ELIGIBILITY - COMPARISONS Administrator Aetna VSP Eligibility Requirements Full time and Part-Time assoicates No Wait 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 Spouse (incl DP) Dependent children No hours requirement Spouse/Partner (not covered for PT) Dependent children Funding Fully Insured Fully Insured

8 VISION BENEFITS - COMPARISONS Options Biweekly Associate Contributions ($0 if enrolled in Medical) Associate Only $0.92 $2.76 Associate & Spouse $1.38 $5.52 Associate & Child(ren) $1.38 $5.52 Associate & Family $2.31 $8.26 Exam Copay $10 $4 Lenses Copay $20 $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 $120 Allowance; 15% off over the allowance $130 allowance ($4 copay is charged only once when frames and lenses are purchased together.) Contacts $120 $130 in lieu of glasses

9 LIFE/AD&D BENEFITS - COMPARISONS Eligibility Dependent children up to age 19 (or age 25 if full-time student) Dependent children up to age 26 Company Paid Life Insurance Salary: 1x annual salary max of $300,000 (min of $50,000) Hourly: $50,000 No cost 1x annual salary max of $50,000; No cost Optional Life Insurance Employee: Up to 5x annual salary Spouse: Up to $250,000 Dependent Children: Units of $10,000 Management: Up to $1,000,000 Hourly: Up to $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.

10 DISABILITY BENEFITS - COMPARISONS STD Fully insured Company paid Begins on the 8th day of a disability Max of 12 weeks 60% of pre-disability earnings/max of $2,500 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: 25 weeks; 60% of pre-disability earnings/no max (associate contribution) LTD Fully insured Company Paid Begins after 90 days 60% of pre-disability earnings/max of $10,000 per month Fully insured Associate Paid Begins after 12 month waiting period Basic: 50% of pre-disability earnings Enhanced: 60% of pre-disability earnings Maternity Leave (birth mothers) 4 months Salaried associates have two cash out options: 1. Take minimum of one month paid leave and return to work full time and receive $5,000 per month 2. Take minimum of one month paid leave and return to work on a reduced schedule of 3 days per week and receive $3,000 per month Full-Time Hourly and Salary: 10 weeks Parental Leave 4 months Salaried associates have two cash out options: 1. Take minimum of one month paid leave and return to work full time and receive $5,000 per month 2. Take minimum of one month paid leave and return to work on a reduced schedule of 3 days per week and receive $3,000 per month Salaried: 12 weeks paid Full-Time Hourly: 2 weeks paid For birth, adoption, foster care, and after maternity leave for birth mothers

11 401(K)/STOCK PURCHASE COMPARISONS 401(k) No company match until moved to the Walmart 401(K) in % Company match 100% Vest ASPP N/A 15% match (max $270 per year)

12 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 Telephonic support 6 face-to-face sessions per issue, per person, per year Resources For Living Telephonic support 3 face-to-face sessions Discounts UHC Core HealthAllies Value Discount Program Includes: long term care services, wellness, infertility, hearing, complementary/alternative medicine Walmart Associate Discount (10% on general merchandise) - implementation date TBD Other N/A ZP Program Even Tobacco cessation