GUIDE FOR PART-TIME ASSOCIATES LIVING IN GUAM BENEFITS ANNUAL ENROLLMENT

Transcription

1 GUIDE FOR PART-TIME ASSOCIATES LIVING IN GUAM 2016 BENEFITS ANNUAL ENROLLMENT

2 IT S TIME TO ENROLL DON T MISS YOUR CHANCE TO ENROLL IN OR MAKE CHANG ES TO YOUR 2016 BENEFITS. ENROLL BY YOUR ENROLLMENT DEADLINE NOV. 13 WHAT S INSIDE Critical Illness Protection Dental Enroll Online Fast, convenient, easy and mobile-device friendly! Enroll at livetheorangelife.com by the end of your enrollment period. You also can enroll by calling the Benefits Choice between 9 a.m. and 7 p.m. Eastern Time, Monday through Friday. Call volume will be heavy. Term Life Insurance Disability FutureBuilder The Employee Stock Purchase Plan MetLaw Legal Services HEALTH CARE PLANS Critical Illness Protection Dental FINANCIAL PROTECTION PLANS Life Insurance Disability Insurance MetLaw Legal Plan FINANCIAL BENEFITS FutureBuilder Employee Stock Purchase Plan (ESPP) Success Sharing ADDITIONAL PROGRAMS Paid Time Off Tuition Reimbursement Adoption Assistance Care Solutions for Life Associate Discounts Matching Gift Program Quit for Life Tobacco Cessation Program Financial Engines WANT MORE INFORMATION? The Summary of Benefits and Coverage (SBCs), which lets you easily compare the different medical options, is posted online at livetheorangelife.com. A paper copy is available through the Benefits Choice Center at

3 CRITICAL ILLNESS PROTECTION THE CRITICAL ILLNESS PLAN PAYS A LUMP-SUM BENEFIT FOR CERTAIN MEDICAL CONDITIONS. IF YOU ARE CURRENTLY ENROLLED IN THE CRITICAL ILLNESS PROTECTION PLAN AND DO NOT MAKE A CHANGE, YOU WILL CONTINUE YOUR CURRENT 2015 COVERAGE. IF YOU WOULD LIKE TO ENROLL IN THE CRITICAL ILLNESS PROTECTION PLAN AND ARE NOT ENROLLED TODAY, YOU MUST ACTIVELY ENROLL BY NOVEMBER 13 TO HAVE COVERAGE IN Your Critical Illness Benefit Amount Options $5,000 $10,000 $20,000 $30,000 Learn More About the Critical Illness Protection Plan GET DETAILED INFORMATION ABOUT THE CRITICAL ILLNESS PROTECTION PLAN in the 2016 Benefits Summary by visiting livetheorangelife.com > Learn & Enroll > Legal Documents. FIND A WELLNESS CLAIM FORM at livetheorangelife.com > Save & Protect > Financial Protection. A Quick Look at the Critical Illness Protection Plan PLAN PAYS 100% OF BENEFIT AMOUNT FOR: Heart attack Stroke Invasive cancer Heart transplant Lung transplant Liver transplant Pancreas transplant Kidney transplant Bone marrow transplant End stage renal failure Paralysis Complete blindness Complete loss of hearing Coma Benign brain tumor Alzheimer s Disease A covered person can receive benefits for each of the above critical illnesses if the dates of diagnosis for each critical illness are separated by at least 90 days. PLAN PAYS 25% OF BENEFIT AMOUNT FOR: Coronary artery bypass surgery Carcinoma in situ Amyotrophic lateral sclerosis (Lou Gherig s disease) Adrenal hypofunction (Addison s disease) Bone marrow donor Cerebral palsy Cystic fibrosis Hemophilia Huntington s chorea Critical Illness Plan Features THE CRITICAL ILLNESS PLAN PAYS A LUMP-SUM BENEFIT FOR SPECIFIC CONDITIONS, such as heart attack, stroke, cancer, transplant, Alzheimer s disease and paralysis and benefits for eligible travel and lodging expenses. See the chart below for a complete list of covered conditions. The plan is administered by Allstate Benefits. THE PLAN ALSO PAYS AN ANNUAL BENEFIT OF $75 FOR WELLNESS SERVICES. In some cases, that $75 could cover the cost of your Critical Illness Protection Plan coverage. CRITICAL ILLNESS PROTECTION PLAN BENEFITS ARE PAYABLE ONLY FOR CONDITIONS DIAGNOSED AFTER YOUR COVERAGE UNDER THE PLAN BEGINS. Meningitis Multiple sclerosis Muscular dystrophy Myasthenia gravis Necrotizing fasciitis Osteomyelitis Scleroderma Sickle cell anemia Systemic lupus Tuberculosis PLAN PAYS UP TO $75 PER CALENDAR YEAR FOR EACH COVERED PERSON FOR ONE OF THE FOLLOWING ELIGIBLE WELLNESS SERVICES: Pre Biopsy test for skin cancer Biopsy for skin cancer Oral cancer screening Blood test for triglycerides Bone marrow testing Colonoscopy Echocardiogram Eletrocardiogram (EKG, including stress EKG) Flexible sigmoidoscopy Hemocult stool analysis Lipid panel (total cholesterol count) Mammography, including breast ultrasound Pap Smear, including Thin- Prep Pap Test PSA (prostate specific antigen blood test for prostate cancer) Serum Protein Electrophoresis (test for myeloma) Stress test on bike or treadmill Annual physical examination (only for covered persons over 18 years of age) Immunizations Transportation Benefit Actual cost, up to $1,500, for round trip coach fare on a common carrier; or $.50 per mile for personal vehicle travel, up to $1,500, to a facility if more than 100 miles from place of residence. Lodging Benefit Reoccurrence Benefit $60 per day up to 60 days if facility is more than 100 miles from residence. Only applies to lodging occurring within 24 hours of, and including days of treatment. A benefit of 100% of the previously paid amount will be paid if a covered person is diagnosed for a second time with a heart attack, stroke, coronary artery bypass surgery, transplant, invasive cancer or carcinoma in situ. The second date of diagnosis must be more than 12 months after the first date of diagnosis for the critical illness, and for the cancer critical illness benefits, the covered person must have had no symptoms nor received any treatment during the 12 months after the prior occurrence. 3

4 DENTAL IF YOU ARE CURRENTLY ENROLLED IN DENTAL AND DO NOT MAKE A CHANGE, YOU WILL CONTINUE YOUR CURRENT 2015 COVERAGE. IF YOU WOULD LIKE TO ENROLL IN DENTAL AND ARE NOT ENROLLED TODAY, YOU MUST ACTIVELY ENROLL BY NOVEMBER 13 TO HAVE COVERAGE IN Dental Plan Coverage DENTAL SERVICE Annual Maximum Benefit Preventive Care TAKECARE NETWORK DENTISTS ONLY $1,500 per covered person per calendar year You pay nothing. Restorative You pay 20% Simple Extractions You pay 20% Endodontics You pay 50% Periodontics You pay 50% Prosthodontics You pay 50% Orthodontics Plan pays a lifetime benefit up to $1,000 per covered person. Coverage is limited to the active phase (Phase II) of the treatment plan and is only available to covered children up to age 17. Your Dental Coverage YOU MUST USE TAKECARE NETWORK DENTISTS OR NO BENEFITS ARE PAID! To find a TakeCare network dentist, go to or call the Customer Service department on Guam at NO DEDUCTIBLE IN THE DENTAL PLAN! The dental plan begins paying benefits immediately there is no deductible before benefits for covered dental services are paid. FREE DENTAL PREVENTIVE CARE! Two dental cleanings and checkups each calendar year are free if you use a TakeCare network dentist Dental Biweekly Payroll Deductions COSTS FOR ALL OTHER BENEFITS WILL BE AVAILABLE DURING YOUR ENROLLMENT SESSION. TakeCare Dental ASSOCIATE ONLY ASSOCIATE+ SPOUSE ASSOCIATE + CHILD(REN) ASSOCIATE + FAMILY $30.29 $60.58 $57.55 $79.96 For weekly payroll deductions, take the biweekly payroll deductions above, multiply by 26, then divide by 52. In some instances your paycheck may not be enough to cover the entire amount of your benefits premiums. In those cases, the amount of the premium above your paycheck is still owed and will be collected from your future paychecks. 4

5 TERM LIFE INSURANCE IF YOU ARE CURRENTLY ENROLLED IN TERM LIFE INSURANCE COVERAGE AND DO NOT MAKE A CHANGE, YOU WILL CONTINUE YOUR CURRENT 2015 COVERAGE. IF YOU ARE NOT CURRENTLY ENROLLED, YOU CAN ENROLL IN TERM LIFE INSURANCE ANY TIME BY CALLING THE BENEFITS CHOICE CENTER AT but you can enroll or drop coverage only once during a 12-month period or if you experience a life event. REVIEW YOUR BENEFICIARY(IES) FOR YOUR LIFE INSURANCE COVERAGE DURING YOUR ENROLLMENT SESSION! Review or change your beneficiary designations online during your enrollment session. When you reach the Enroll in Your Benefits page during your enrollment session, you ll see a link Choose a Beneficiary. YOU ALSO CAN ENROLL YOUR SPOUSE AND YOUR ELIGIBLE CHILDREN IN TERM LIFE INSURANCE. Associate Coverage Spouse or Same-Sex Domestic Partner Coverage Child Coverage $20,000 coverage amount If your death is the result of an accident, your beneficiary will receive an additional $20,000 $2,500 coverage amount $2,500 coverage amount for each eligible child age six months and older $500 coverage amount for a child under six months DISABILITY IF YOU ARE CURRENTLY ENROLLED IN DISABILITY COVERAGE AND DO NOT MAKE A CHANGE, YOU WILL CONTINUE YOUR CURRENT 2015 COVERAGE. IF YOU ARE NOT CURRENTLY ENROLLED, YOU CAN ENROLL IN THE DISABILITY PLAN ANY TIME BY CALLING THE BENEFITS CHOICE CENTER AT but you can enroll or drop coverage only once during a 12-month period or if you experience a life event. Disability benefit 50% of your covered weekly base pay (up to $125 per week) for an approved disability Benefits are reduced by other income you receive (such as Social Security and Workers Compensation) while you are disabled. When benefits are payable After an illness or injury has kept you unable to work for 14 consecutive calendar days How long benefits are payable Benefits continue for an approved period of disability up to 26 weeks (your 14-day elimination period plus your 24 weeks of coverage) 5

6 FUTUREBUILDER Enrolling in FutureBuilder You can enroll in the FutureBuilder 401(k) Plan or make other FutureBuilder changes at any time. It s easy to enroll in FutureBuilder or make changes to your contributions or investments during your enrollment session! Consider Automatic Escalations of Your FutureBuilder Contributions You can choose to have your FutureBuilder contribution percentage automatically increased by 1% each year up to a maximum target rate of 15% through the Quick Enrollment Process, or you can choose your own automatic contribution percentage increase and target maximum rate (up to 50%). You can enroll in automatic escalation during your enrollment session! How FutureBuilder Helps You Save for Retirement MATCHING HOME DEPOT CONTRIBUTIONS once you have completed one year of service (at least 1,000 hours in a 12-month period), the Company contributes $1.50 for every $1 you contribute up to the first 1% of your pay. In addition, you ll receive 50 for every dollar you save from the next 2% to 5% of your pay. A VARIETY OF INVESTMENT APPROACHES you can let the professionals invest your account by choosing a LifePath Portfolio or make your own investment decisions among the plan s core funds or through the selfdirected brokerage window. PROFESSIONAL INVESTMENT ADVICE if you would like professional advice on how much to save through FutureBuilder and how to invest your savings in the plan, consider using Financial Engines Investment Advice. Financial Engines is an independent investment advisor that provides unbiased advice to FutureBuilder 401(k) Plan participants. A LOWER TAX BILL you lower your tax bill today by making before-tax contributions to FutureBuilder. You pay no taxes on your contributions, the company matching contributions or your investment earnings until you take the money out of the plan. It s important to thoroughly review the FutureBuilder chapter in the Benefits Summary for complete information about how the plan works. 6

7 EMPLOYEE STOCK PURCHASE PLAN Enrolling in the ESPP You have two opportunities to enroll in the ESPP each year before each ESPP Plan deadline December 17 for the January 1, 2016 plan and June 16 for the July 1, 2016 plan. You can enroll by logging on at livetheorangelife.com. Become a Home Depot Stockholder at a Discount Through the Employee Stock Purchase Program GET HOME DEPOT STOCK AT A DISCOUNT! The Employee Stock Purchase Plan gives you a unique opportunity to invest in ownership of the Company at a special associate price. Through the plan, you can purchase shares of Home Depot stock at a 15% discount. BUY STOCK THROUGH CONVENIENT PAYROLL DEDUCTIONS! When you enroll, you ll indicate the percentage of your pay you want to invest in the ESPP through payroll deduction, up to a maximum of 20% of your eligible earnings or $21,250. On the last day of each plan, Home Depot stock will be purchased for you. The price of the stock is 15% off the closing stock market price on the last day of the plan. METLAW LEGAL SERVICES IF YOU ARE CURRENTLY ENROLLED IN METLAW AND YOU DO NOT MAKE A CHANGE, YOU WILL CONTINUE YOUR CURRENT COVERAGE. IF YOU ARE NOT CURRENTLY COVERED UNDER METLAW AND WANT COVERAGE FOR 2016, YOU CAN ENROLL DURING YOUR ANNUAL ENROLLMENT SESSION OR ANYTIME BY CALLING THE BENEFITS CHOICE CENTER AT TO GET MORE INFORMATION ABOUT METLAW, GO TO THE METLIFE WEBSITE you ll find a link to this website by logging on at livetheorangelife.com. How MetLaw Works COVERED SERVICES ARE FREE WHEN YOU USE AN IN-NETWORK ATTORNEY. The MetLaw network has over 9,000 experienced attorneys. You also can use an out-of-network attorney and be reimbursed based on a set fee schedule. IF YOU ENROLL IN METLAW, YOUR SPOUSE OR DOMESTIC PARTNER AND YOUR ELIGIBLE CHILDREN CAN USE THE PLAN. COVERED SERVICES INCLUDE: Will Preparation Identity Theft Real Estate Debt Issues Family Law Traffic Matters 7

8 NO HABLA O LEE INGLÉS? Por favor llame al Benefits Choice Center (Centro de Opción de Beneficios) al y diga Estados Unidos para hablar con un representante en español. This guide is for part-time associates living in Guam. Guides for other areas are available at livetheorangelife.com. The Summary of Benefits and Coverage (SBCs), which lets you easily compare the different medical options, is posted online at livetheorangelife.com. A paper copy is NO HABLA O LEE INGLÉS? available through the Benefits Choice Center at HD HIAE16 Por favor llame al Benefits Choice Center (Centro de Opción de Beneficios) al y diga Estados Unidos para hablar con un representante en español. This guide is for associates living in Hawaii only. The Guides benefits for associates information living in this in the Annual U.S., Guam, Enrollment Puerto Guide Rico is and provided U.S. Virgin as a Islands service are to available associates. at livetheorangelife.com. In event of a conflict The between benefits the information information in provided this Annual in the Enrollment Annual Guide is provided as a service to associates. In Enrollment the event of Guide, a conflict Benefits between Summary the information and other plan provided documents in the Annual or policies, Enrollment the plan Guide, documents Benefits or Summary policies will and govern. other plan Although documents The Home or policies, Depot established the plan documents its benefitor policies will govern. Although The Home Depot plans established with the its intention benefit plans that they with may the intention be maintained that they indefinitely, may be maintained the plans may indefinitely, be amended, the plans terminated may be or amended, discontinued terminated any or time. discontinued The Benefits at any Summary time. The is available The at FutureBuilder livetheorangelife.com. Summary Annual The FutureBuilder Reports have Summary been posted Annual to livetheorangelife.com Reports have been posted under to livetheorangelife.com Learn & Enroll. The Health under and Learn Welfare & Enroll. Plans The Summary Health Annual and Welfare Re- Benefits Summary is available at livetheorangelife.com. ports will be posted to livetheorangelife.com under Plans Learn Summary & Enroll Annual in Reports early will The be posted annual to Medicare livetheorangelife.com Part D notice has under also Learn been posted & Enroll to in livetheorangelife.com early The annual under Medicare Learn Part & Enroll D notice and has a paper also been copy posted can be requested by calling the Benefits Choice Center at to livetheorangelife.com under Learn & Enroll and a paper copy can be requested by calling the Benefits Choice Center at THD Guam PT AE