Welcome to 2018 Annual Enrollment. October 2017

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1 Welcome to 2018 Annual Enrollment October

2 Got benefits? 2018 ANNUAL ENROLLMENT IS OCT. 28 TO NOV. 10! Remember, you need to complete an enrollment session by Nov. 10 to get benefits in So mark your calendar, write yourself a note, or set your alarm, just don t forget to enroll! 2

3 What we ll cover today Benefits Eligibility Getting started on your Walmart plans Medical Plan Options Other Health Benefits Financial Benefits Important Reminders Tools and Resources 3

4 Benefits Eligibility 4

Benefits eligibility Salaried associates Salaried associates are eligible to enroll for benefits between the date of your first paycheck and prior to the 60th day after your date of hire.

5 Benefits eligibility Salaried associates Salaried associates are eligible to enroll for benefits between the date of your first paycheck and prior to the 60th day after your date of hire. Coverage is effective on your date of hire. Full-time hourly associates Full-time hourly associates can enroll between the date of your first paycheck and the day prior to your effective date. Coverage is effective on the first day of the month of your 89th day of employment. Part-time hourly associates Part-time hourly associates can enroll after one year between your 52-week anniversary date and the first day of the second month following. Coverage is effective on the first day of the second month following your anniversary. YOUR SERVICE COUNTS! Some programs are available only after you ve been with us for one year. If your organization was recently acquired, we ll start counting from your most recent hire date at your original company. 5

6 Salaried and Full-Time Hourly associate benefits eligibility Available to all associates MEDICAL VISION DENTAL ASPP AD&D LIFE INSURANCE CHILD LIFE SPOUSE/PARTNER LIFE CRITICAL ILLNESS ACCIDENT INSURANCE 401(K) SHORT-TERM DISABILITY LONG-TERM DISABILITY 6

7 Part-time hourly associate benefits eligibility HOURS WORKED COVERAGE OPTIONS LESS THAN 30 HOURS PER WEEK on average over the past 52 weeks DENTAL VISION CRITICAL ACCIDENT ILLNESS INSURANCE LIFE INSURANCE CHILD LIFE AD&D 401(K) ASPP MORE THAN 30 HOURS PER WEEK on average over the past 52 weeks Benefits Above MEDICAL 7

of gender or martial status Please note that if you cover a domestic partner, your premiums may be treated as imputed income per US law.

8 Dependent benefits eligibility All ecommerce associates are eligible for benefits. Want to cover your family too? Here s who is eligible to be covered on your benefit plans: Spouse/partner FT/Mgmt associates may cover their spouse or domestic partner regardless of gender or martial status Please note that if you cover a domestic partner, your premiums may be treated as imputed income per US law. Check in with your HR associate if you have questions. Child(ren) and/or step-child(ren) All associates may cover their legal child dependents up to age 26. Includes children with spouse or partner. 8

9 Getting Started 9

Things to know about enrollment 2018 Annual Enrollment Window Annual Enrollment takes place

You will need to complete an enrollment session in Workday by November 10, 2017.

10 Things to know about enrollment 2018 Annual Enrollment Window Annual Enrollment takes place each Fall. Want benefits in 2018? You will need to complete an enrollment session in Workday by November 10, ecommerce Benefit Plan Year The Walmart benefit plans run Jan. 1 through Dec. 31 each year. New plans mean new ID cards If you sign up for a medical plan, your new ID cards will arrive at your home towards the end of Dec Need a bit more information? Go online to Workday or WalmartOne.com/AEeComm to get even more details about the new benefit choices. 10

11 Medical Plan Options 11

12 2018 medical plan options You have access to two primary types of medical plans. ecommerce PPO Health Savings Account (HSA) Plan 12

13 Key features of a PPO plan Manage in-network out-of-pocket medical expenses and receive additional treatment options with a PPO plan. Deductible $300/associate $600/associate + dependents Out-of-pocket maximum $1500/associate $3000/associate + dependents Office copays $15 PCP $25 Specialist 13 Additional benefits Chiropractic care Transgender benefit coverage Infertility treatment coverage

14 Key features of an HSA plan Build a tax-free personal health savings account for use with eligible health care expenses. HSA contributions Triple tax benefit Walmart match Walmart matches your contribution dollar for dollar up to $350 per year, or $700 if you cover dependents Using your HSA HSA may be used for any IRS-approved health expenses HSA dollars are yours to keep 14

15 HMOs available in select locations Health Maintenance Organizations (HMO) Keep in mind, availability is based on the location you work, not where you live. Each HMO will supply plan details including prescription benefits. 15

16 Pharmacy coverage All of the medical plans include pharmacy benefits. PPO Plan Generic drugs: $10 / 20% out-of-network Brand-name drugs: $30 / 20% Specialty drugs: $30 / 20% HSA* Generic drugs: $4 Brand-name drugs: $50 or 25% of allowed cost Specialty drugs: $50 or 20% of allowed cost DON T PAY FULL PRICE FOR PRESCRIPTIONS. To get the lowest cost on the HSA Plan, associates will need to fill their prescriptions at a Walmart or Sam s Club pharmacy. If the closest is more than five miles away from their work location, they ll also be able to fill their prescriptions at any Express Scripts network pharmacy. If associates enroll in an HMO, they ll have access to that plan s prescription benefit instead. *With this plan, the benefit applies after deductible due to IRS rules. 16

Medical plan premiums After-tax Associates share

17 Medical plan premiums After-tax Associates share for the cost for PPO and HMO health plans is paid on an after-tax basis. This means Federal and state taxes are deducted prior to their premium being deducted. Pre-tax Associates HSA premiums are paid with pre-tax dollars from their paycheck. 17

18 Getting even more from your medical plans When associates enroll in the ecommerce PPO or HSA plans, they get instant access to great benefits and programs that help them get the most from their medical plans. These include: PREVENTIVE CARE COVERAGE HEALTHCARE ADVISOR DOCTOR ON DEMAND GRAND ROUNDS CENTERS OF EXCELLENCE CASTLIGHT LIFE WITH BABY QUIT TOBACCO 18

19 Grand Rounds Available only to associates enrolled in the HSA Plan Provides peace of mind with a review, a written opinion, and an optional recommendation all from a world-class specialist Grand Rounds Takes care of all the details Helps find the highest quality specialist 19 Download the Grand Rounds app from itunes or Google Play

Centers of Excellence Available only to associates enrolled in the HSA Plan Centers of Excellence offers: Access to specialists for: Certain heart surgeries Certain spine surgeries Hip and knee

20 Centers of Excellence Available only to associates enrolled in the HSA Plan Centers of Excellence offers: Access to specialists for: Certain heart surgeries Certain spine surgeries Hip and knee replacements Medical review for breast, lung, and colorectal cancers with onsite visit if recommended Organ and bone marrow/skin cell transplants Weight loss surgery Note: Some limitations apply to Centers of Excellence services. All services must be preauthorized by the program administrator. 20 For questions before January 1, call People Services at On and after January 1, 2018, call Healthcare Advisor using the number on the back of the Plan ID card

21 Centers of Excellence Health Systems Available only to associates enrolled in the HSA Plan Cleveland Clinic Cleveland, OH Geisinger Danville, PA Johns Hopkins Baltimore, MD Kaiser Irvine, CA Mayo Jacksonville, FL Mayo Rochester, MN Mayo Phoenix, AZ Memorial Hermann Houston, TX Mercy Springfield, MO Northeast Baptist San Antonio, TX Scripps Mercy San Diego, CA Virginia Mason Seattle, WA 21

22 Castlight Available only to associates enrolled in the HSA Plan Search for doctors and medical services nearby Easily compare prices Castlight lets associates: Track health care spending and deductibles Access an online ID card 22 Go to Workday or WalmartOne.com/AEeComm for more information.

23 Preventive care Stay heathy by making the most of preventive care benefits with $0 copays at in-network providers. Annual physical Preventive care includes: Well woman exam Some lab work 23 Find more information on Preventive Care on Workday or WalmartOne.com/AEeComm and in the 2018 Associate Benefits Book

24 Healthcare advisor Available only to associates enrolled in medical on January 1 Personalized guidance on claims, billing, and more! Help with: Grand Rounds Centers of Excellence Healthcare advisors provide: 24/7 Nurse Hotline Nurse Care Management 24 Associates can find their Healthcare Administrator by using the Plan Availability tool on Workday or WalmartOne.com/AEeComm.

25 Doctor On Demand 24/7 video access to doctors Doctor On Demand provides: Video visits covered just like regular doctor visits Convenience at a lower cost 25 Download the Doctor On Demand app from itunes or Google Play

26 Life with Baby We provide a little extra support for expectant parents. Here are a few highlights of the Life with Baby program designed with you in mind: 24/7 telephonic support from registered prenatal nurses Maternity Program Access to prenatal information and What to Expect books 26 For questions before January 1, call People Services at On and after January 1, 2018, call Healthcare Advisor using the number on the back of the Plan ID card

27 Quit Tobacco Your associates can kick the habit at no cost to them with one of our Quit Tobacco programs, QuitNet and Kick Buts. Once they sign up, here s what they ll receive: Lower premiums! Quit Tobacco Text and telephone support and counseling Nicotene replacement therapy at no cost 27 For more information, call: Kick Buts: QuitNet:

28 Continuity of Care We understand transitioning to a new medical plan can be stressful, especially if associates are in the middle of care. If you are in the middle of specific care or treatment and your current doctor is not in the network, you can call your healthcare advisor to determine if it would qualify to continue care and treat your claims as in-network. For questions prior to January 1, you should call People Services at After January 1, you can call your Healthcare Advisor. Aetna BlueAdvantage of AR United Healthcare

29 Other Health Benefits 29

Dental plan Annual Deductible: $75 per person $225 family Basic care: 80% after deductible Major care: 50% after deductible Orthodontia: 80% after 12 months of coverage; $1,500 lifetime maximum

30 Dental plan Annual Deductible: $75 per person $225 family Basic care: 80% after deductible Major care: 50% after deductible Orthodontia: 80% after 12 months of coverage; $1,500 lifetime maximum Preventive and diagnostic care: 100% with no deductible for Preferred dentists Annual maximum benefit: $2,500 per person 30 For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call Delta Dental at

Vision plan Material copay:* $4 Frames: covered up to $130 after material copay Contact lenses: covered up to $130 after material copay, instead of glasses Routine eye exam: $4 copay BENEFITS

31 Vision plan Material copay:* $4 Frames: covered up to $130 after material copay Contact lenses: covered up to $130 after material copay, instead of glasses Routine eye exam: $4 copay BENEFITS AVAILABLE EVERY CALENDAR YEAR Contact fitting and evaluation: won t exceed $60 31 *Applies with purchase of frames, lenses, or both. Copay is charged only once when frames and lenses are purchased together. For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call VSP at

when newly eligible Accidental Death & Dismemberment Up to $1,000,000 For questions before January 1, call People Services

32 Life insurance and AD&D 32 Company Paid Life Insurance For full-time hourly and salaried associates Annual pay up to $50,000 Optional Life Insurance Coverage up to $200,000 (Hourly) Coverage up to $1,000,000 (Salaried) Guaranteed issue of $25,000 when newly eligible Accidental Death & Dismemberment Up to $1,000,000 For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call Prudential at

Dependent life insurance Spouse/Partner Life Insurance Salaried and Full-Time associates eligible Coverage up to $100,000 Guaranteed issue $5,000 when newly eligible Child Life Insurance Eligible

33 Dependent life insurance Spouse/Partner Life Insurance Salaried and Full-Time associates eligible Coverage up to $100,000 Guaranteed issue $5,000 when newly eligible Child Life Insurance Eligible children up to age 26 Coverage up to $10,000 per child No proof of good health required 33 For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call Prudential at

Critical illness and accident insurance Critical Illness Insurance Pays up to $20,000 cash for specific conditions Accident Insurance Pays cash for out-of-pocket expenses if injured while not

34 Critical illness and accident insurance Critical Illness Insurance Pays up to $20,000 cash for specific conditions Accident Insurance Pays cash for out-of-pocket expenses if injured while not at work 34 For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call Allstate at

35 Short-term disability for salaried associates Salaried Short-Term Disability Provides 100% of associates base pay for up to six weeks after a seven calendar day waiting period, then 75% for up to 19 more weeks. 35 For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call Sedgwick at

36 Short-term disability for full-time hourly associates Full-time hourly associates are eligible for short-term disability after one year. The paid amount of the STD basic plan is 50 percent of an associate s average weekly wage, up to $200 per week, at no cost to them! OR If associates enroll in the STD enhanced plan, the paid amount is 60 percent of their average weekly wage, with no weekly maximum. 36 Associates working in California, Hawaii, New Jersey, New York, and Rhode Island are covered through statesponsored short-term disability plans. Please consult your state s resources to learn more. For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call Sedgwick at

Long-term disability Long-term Disability Picks up when short-term disability ends. Provides 50 or 60 (enhanced) percent of average monthly income up to $15,000 a month.

37 Long-term disability Long-term Disability Picks up when short-term disability ends. Provides 50 or 60 (enhanced) percent of average monthly income up to $15,000 a month. 37 For questions before January 1, call People Services at , or go online to Workday or WalmartOne.com/AEeComm. On and after January 1, 2018, call Liberty at

38 Financial Benefits 38

39 401(k) retirement savings You can set contributions now for 2018 Save up to 50% of eligible pay each year, before-tax, up to $18,000 Age 50+ catch-up contributions up to $6, (k) After they ve been with the company for one year, Walmart will match 100% of your contribution, up to 6% of eligible pay You can sign up or change your savings rate at any time 39 For more information, call Merrill Lynch at or visit benefits.ml.com

401(k) investment options To make decisions easier, associates can consider a myretirement Fund Diversified investment mix Based on projected retirement date Investing made easy

40 401(k) investment options To make decisions easier, associates can consider a myretirement Fund Diversified investment mix Based on projected retirement date Investing made easy Adjusted over time to become more conservative Most conservative fund does not change over time 40 For more information, call Merrill Lynch at or visit benefits.ml.com

Associate Stock Purchase Plan You can set your election now for stock purchases starting in 2018 You can purchase between $2 and $1,000 of Walmart stock each pay period Associate Stock

41 Associate Stock Purchase Plan You can set your election now for stock purchases starting in 2018 You can purchase between $2 and $1,000 of Walmart stock each pay period Associate Stock Purchase Plan Walmart will match 15% of your stock purchases, up to the first $1,800 You can sign up and change contributions at any time 41 For more information, call Computershare at

42 Important Reminders 42

43 2018 Annual Enrollment timeline Annual Enrollment: Oct. 28 Nov. 10, 2017 October 2017 S M T W T F S November 2017 S M T W T F S Annual Enrollment 43

44 Key things to remember Current coverage will end on Dec. 31, 2017 Want coverage in 2018? Associates need to enroll during Annual Enrollment. Otherwise, they ll need a qualifying event to elect or make changes to their coverage 44 For questions about associates changes in coverage at the end of the year, call People Services at

45 How to enroll for 2018 benefits 1 Make benefit selections based on Office location medical plan availability Needs and cost preferences 2 Beneficiary and dependent info will be needed Associates should have their beneficiary information accessible along with dependent Social Security Numbers if they are enrolling dependents 3 Enroll through Workday Complete an Annual Enrollment session in Workday 45

46 Tools and Resources ecomm AE Toolkit on Workday or WalmartOne.com/AEeComm Oct. 14 People Services M-F: 7:30am 6:00pm CT Sat: 9:00am 1:00pm CT 10/30/17 7:30am 9:00pm CT 11/2/17 7:30am 9:00pm CT 11/3/17 7:30am 11:59pm CT 11/6/17 7:30 am 9:00 pm CT 11/9/17 7:30 am 9:00 pm CT 11/10/17 7:30 am 11:59 pm CT Translation assistance available in over 125 languages! 46

47 Thank You! If people believe in themselves, it s amazing what they can accomplish. Sam Walton 47

Welcome to 2018 Annual Enrollment. October 2017

Welcome to 2018 Annual Enrollment October 2017 1 Got benefits? 2018 ANNUAL ENROLLMENT IS OCT. 28 TO NOV. 10! Remember, you need to complete an enrollment session by Nov. 10 to get benefits in 2018. So