Annual Enrollment Got benefits Remember associates need to complete an enrollment session by Nov 10 to get benefits in 2018 So mark your calendar write yourself a note ID: 753189
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Slide1
October 2017
Welcome to 2018
Annual EnrollmentSlide2
Got benefits?Remember,
associates need to complete an enrollment session by Nov.
10 to get benefits in 2018. So mark your calendar, write yourself a note, or set your alarm, just don’t forget to enroll! 2018 ANNUAL ENROLLMENT IS OCT. 28 TO
NOV. 10!Slide3
What we’ll cover todayBenefits Philosophy
Benefits Eligibility Getting started on your Walmart plans
Medical Plan OptionsOther Health BenefitsFinancial BenefitsImportant RemindersTools and ResourcesSlide4
Benefits PhilosophySlide5
How do we make benefits decisions?
Competitive
ComprehensiveAffordableSmart spending
BalancedSlide6
Benefits EligibilitySlide7
Benefits eligibility
Salariedassociates
Full-time hourlyassociatesPart-time hourly associates
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. 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 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 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
.Slide8
Available to all associates
LONG-TERM DISABILITY
SPOUSE/PARTNER LIFEDENTALASPP
CRITICAL ILLNESSCHILD LIFESHORT-TERM DISABILITY
VISION
LIFE INSURANCE
MEDICAL
401(K)
ACCIDENT INSURANCE
AD&D
Full-time associate
benefits eligibilitySlide9
Part-time hourly associate benefits eligibilityHOURS WORKED
COVERAGE OPTIONS
on average over the past 52 weeksLESS THAN30
HOURSPER WEEK
DENTAL
VISION
ACCIDENT INSURANCE
CRITICAL ILLNESS
LIFE INSURANCE
CHILD LIFE
AD&D
ASPP
401(K)
Benefits Above
MEDICAL
o
n
average over the past 52 weeks
MORE THAN
30
HOURSPER WEEKSlide10
Dependent benefits eligibility
Spouse/partnerFT/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.All eCommerce associates are eligible for benefits.*Associates want to cover their family too? Here’s who is eligible to be covered on their benefit plans:Slide11
Getting StartedSlide12
Things to know about enrollment
Need a bit more information?
Go online to Workday or WalmartOne.com/AEeComm to get even more details about the new benefit choices.New plans mean new ID cardsIf associates sign up for a medical plan, their new ID cards will arrive at
their home towards the end of Dec. 2017.eCommerce Benefit Plan YearThe Walmart benefit plans run Jan. 1 through Dec. 31 each year.
2018 Annual Enrollment Window
Annual Enrollment takes place each Fall. Want
benefits in 2018?
Associates will
need to complete an enrollment session in Workday by November
10,
2017
.Slide13
Medical Plan OptionsSlide14
Health Savings Account (HSA) Plan
2018
medical plan optionsThe Walmart family is pretty big. Depending on where associates are, they have a few medical plans to choose from. Health Reimbursement Account (HRA) PlansSlide15
Key features of the HRA
plans
Get a special health reimbursement account credited by Walmart to help them pay for eligible expenses.HRA Plan
HRA High PlanHRA Credit$300 / $600$500 / $1,000
Annual Deductible
$2,750 / $5,500
$1,750 / $3,500
Coinsurance
75% in-network
50%
out-of-network
75% in-network
50%
out-of-network
Annual
Out-of-Pocket Maximum
$6,850 / $13,700
$6,850 / $13,700Slide16
How do the HRA plans work?
Walmart Pays
HRA CreditWalmart provides HRA credit which is automatically used first for eligible medical expenses
Associate Pays
Deductible
Once all HRA credit is used, associates pay full price for eligible medical expenses until they meet the annual deductible
Walmart Pays
Out-of-Pocket Max
Finally, once associates meet the annual out-of-pocket maximum, Walmart pays 100% of eligible medical expenses for the remainder of the plan year
Assoc./Walmart Pays
Coinsurance
After the annual deductible has been paid, both the associate and Walmart pays for eligible medical expenses.
Associates pay 25%
Walmart pays 75%Slide17
Key features of an HSA
plan HSA contributionsTriple tax benefit
Walmart match Walmart matches your contribution dollar for dollar up to $350 per year, or $700 if you cover dependentsUsing your HSAHSA may be used for any IRS-approved health expenses HSA dollars are yours to keep
Build a tax-free personal health savings account for use with eligible health care expenses.Slide18
2018 medical plan options
– select locationsKeep in mind, availability is based on the location associates work, not where they live. To find out more about
their options associates can see their online resources on Workday.Accountable Care Plans (ACP)Select Network Plan
Health Maintenance Organizations (HMO)Slide19
Pharmacy coverageAll of the medical plans include
pharmacy benefits.HRA, HRA High, HSA*, Select Network Plan, ACP options
Generic drugs: $4Brand-name drugs: $50 or 25% of allowed costSpecialty drugs: $50 or 20% of allowed costHMO plansEach plan has its own pharmacy benefit and will provide information to associates*With this plan, the benefit applies after deductible due to IRS rules.
DON’T PAY FULL PRICE FOR PRESCRIPTIONS.To get the lowest cost, 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.Slide20
Getting even more from your medical plans
When associates enroll in the Walmart medical plans, they get instant access to great benefits and programs that help them get the most from
their medical plans. These include:PREVENTIVE CARE COVERAGEHEALTHCARE ADVISORDOCTOR ON DEMAND
GRAND ROUNDSCENTERS OF EXCELLENCECASTLIGHT
LIFE WITH BABY
QUIT TOBACCOSlide21
Preventive careStay heathy by making the most of preventive care benefits with $0 copays at in-network providers.
Annual physical
Well woman examSome lab workPreventive careincludes:
Find more information on Preventive Care on Workday or WalmartOne.com/AEeComm and in the 2018 Associate Benefits BookSlide22
Healthcare advisor
Associates can find their Healthcare Administrator by using the Plan Availability tool on Workday or WalmartOne.com/
AEeComm.Personalized guidance on claims, billing, and more!
Help with:Grand RoundsCenters of Excellence24/7 Nurse HotlineNurse Care ManagementHealthcare
advisors provide:
Available
only to associates enrolled in medical on January 1Slide23
Doctor
On Demand
Download the Doctor On Demand™ app from iTunes or Google Play
24/7 video access to doctorsVideo visits covered just like regular doctor visitsConvenience at a lower cost
Doctor
On
Demand
provides:Slide24
Grand Rounds
Download the Grand Rounds app from
iTunes or Google Play
Provides peace of mind with a review, a written opinion, and an optional recommendation all from a world-class specialistTakes care of all the detailsHelps find the highest quality specialist
Grand Rounds
Available
only to associates enrolled in the HRA, HRA High, HSA and Select Network PlansSlide25
Centers of Excellence
Access to specialists for:Certain heart surgeriesCertain spine surgeries
Hip and knee replacementsMedical review for breast, lung, and colorectal cancers with onsite visit if recommendedOrgan and bone marrow/skin cell transplantsWeight loss surgery
Centers of Excellence offers:Note: Some limitations apply to Centers of Excellence services. All services must be preauthorized by the program administrator.
For
questions before January 1, call People Services at 800-421-1362.
On and after January 1, 2018, call
Healthcare Advisor using the number on the back of the Plan ID cardSlide26
Centers of Excellence Health SystemsCleveland Clinic – Cleveland, OH
Geisinger – Danville, PAJohns Hopkins – Baltimore, MD
Kaiser – Irvine, CAMayo – Jacksonville, FLMayo – Rochester, MNMayo – Phoenix, AZMemorial Hermann – Houston, TXMercy – Springfield, MONortheast Baptist – San Antonio, TXScripps Mercy – San Diego, CAVirginia Mason – Seattle,
WASlide27
Castlight
Search for doctors and medical services nearbyEasily compare prices
Track health care spending and deductiblesAccess an online ID card
Castlight lets associates:
Available
only to associates enrolled in the HRA, HRA High, HSA and Select Network Plans
Go to
Workday or
WalmartOne.com/
AEeComm
for more information.Slide28
Life with BabyWe 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 Access to prenatal information and “What to Expect” booksMaternity Program
For questions before January 1, call People Services at 800-421-1362.On and after January 1, 2018, call Healthcare Advisor using the number on the back of the Plan ID cardSlide29
Quit TobaccoYour 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!Text and telephone support and counselingNicotene replacement therapy at no cost
Quit Tobacco
For more information, call:Kick Buts: 855-955-1905
QuitNet
: 866-577-7169Slide30
Continuity of CareWe understand transitioning to a new medical plan can be stressful, especially if associates are in the middle of care.
If associates are in the middle of specific care or treatment and their current doctor is not in the network, they can call their healthcare advisor to determine if it would qualify to continue care and treat their claims as
in-network.For questions prior to January 1, associates should call People Services at 800-421-1362. After January 1, they can call their Healthcare Advisor.Aetna855-548-2387BlueAdvantage of AR866-823-3790United
Healthcare888-285-9255Slide31
Other Health BenefitsSlide32
Dental plan
Annual
Deductible: $75 per person$225 familyPreventive and diagnostic care: 100% with no deductible for Preferred dentists
Basic care: 80% after deductibleMajor care: 50% after deductible
Annual
maximum
benefit:
$2,500 per person
Orthodontia:
80% after 12 months of coverage;
$1,500 lifetime maximum
For
questions before January 1, call People Services at 800-421-1362, or go online to Workday or WalmartOne.com/
AEeComm
.
On and after January 1, 2018, call Delta Dental at 800-462-5410Slide33
Vision planBENEFITS AVAILABLE EVERY CALENDAR YEAR
Routine eye exam: $4
copayFrames: covered up to $130 after material copay
Contact lenses: covered up to $130 after material copay, instead of glassesContact fitting and evaluation:
won’t exceed $60
Material
copay
:*
$
4
*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 800-421-1362, or go online to Workday or WalmartOne.com/
AEeComm
.
On and after January 1, 2018, call VSP at
866-240-8390Slide34
Life insurance and AD&D
Optional Life InsuranceCoverage up to $200,000 (Hourly)
Coverage up to $1,000,000 (Salaried)Guaranteed issue of $25,000 when newly eligibleAccidental Death & Dismemberment Up to $1,000,000
Company Paid Life Insurance For full-time hourly and salaried associatesAnnual pay up to $50,000
For
questions before January 1, call People Services at 800-421-1362, or go online to Workday or WalmartOne.com/
AEeComm
.
On and after January 1, 2018, call Prudential at
877-740-2116Slide35
Dependent life insurance
Child Life InsuranceEligible children up to age 26
Coverage up to $10,000 per childNo proof of good health requiredSpouse/Partner Life InsuranceSalaried and Full-Time
associates eligibleCoverage up to $100,000Guaranteed issue $5,000 when newly eligible
For questions before January 1, call People Services at 800-421-1362, or go online to Workday or WalmartOne.com/AEeComm
.
On and after January 1, 2018, call Prudential at
877-740-2116Slide36
Critical illness and accident insurance
Accident InsurancePays cash for out-of-pocket expenses if injured while
not at workCritical Illness InsurancePays up to $20,000 cash for specific conditions
For questions before January 1, call People Services at 800-421-1362, or go online to Workday or WalmartOne.com/AEeComm.On and after January 1, 2018, call Allstate at 800-514-9525Slide37
Short-term disability for salaried associatesSalaried
Short-Term DisabilityProvides 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.For questions before January 1, call People Services at 800-421-1362, or go online to Workday or WalmartOne.com/AEeComm.On and after January 1, 2018, call Sedgwick at 800-492-5678Slide38
Short-term disability for full-time hourly associates
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!
If associates enroll in the STD enhanced plan, the paid amount is 60 percent of their average weekly wage, with
no weekly maximum.
OR
Full-time hourly associates are eligible for short-term disability after one year.
Associates
working in
California, Hawaii, New Jersey, New York, and Rhode Island are covered through
state-sponsored
short-term disability plans. Please consult your state’s resources to learn more.
For
questions before January 1, call People Services at 800-421-1362, or go online to Workday or WalmartOne.com/
AEeComm
.
On and after January 1, 2018, call Sedgwick at
800-492-5678Slide39
Long-term disability
Long-term DisabilityPicks up when short-term disability ends.
Provides 50 or 60 (enhanced) percent of average monthly income up to $15,000 a month.For questions before January 1, call People Services at 800-421-1362, or go online to Workday or WalmartOne.com/
AEeComm.On and after January 1, 2018, call Liberty at 800-492-5678Slide40
Financial BenefitsSlide41
401(k) retirement savings
For more information, call Merrill Lynch
at 888-968-4015 or visit benefits.ml.com
Associates can set contributions now for 2018Save up to 50% of eligible pay each year, before-tax, up to $18,000 Age 50+ catch-up contributions up to $6,000
After they’ve been with the
company for one year, Walmart will match 100% of
their
contribution, up to 6% of eligible pay
Associates can sign up or change
their savings
rate at any time
401(k)Slide42
401(k) investment options
For more information, call Merrill Lynch at
888-968-4015 or visit benefits.ml.com
To make decisions easier, associates can consider a myRetirement FundDiversified investment mixBased on projected retirement dateAdjusted over time to become more conservative
Most conservative fund does not change over time
Investing
made easySlide43
Associate Stock Purchase Plan
For more information, call
Computershare at 800-438-6278
Associates can set their election now for stock purchases starting in 2018They can purchase between $2 and $1,000 of Walmart stock each pay periodWalmart will match 15% of their stock purchases, up to the first $1,800
Associates can sign up and change contributions at any time
Associate Stock
Purchase PlanSlide44
Important RemindersSlide45
2018 Annual Enrollment timelineAnnual Enrollment:
Oct. 28 – Nov. 10, 2017
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Key Messages for Our Leaders
All associates
must enroll during AE in order to have benefits in 2018 and we need your help in ensuring 100% of associates finalize an online enrollment session through Workday.
Track completed enrollments by using the percent complete reporting tool available on Workday TBD.Associates will receive all Annual Enrollment information digitally.AE leaders will be receiving AE
posters and digital banners for your monitors mid-September. Please post throughout your facilities for all associates to see.
W
e’ve developed
benefits
education sessions
specifically for eCommerce associates. Please
schedule and ensure associates attend a session.
Encourage
associates to use their
online resources
to get
answers to their
questions.
Communication resource site:
Workday TBD
Enrollment
tool: Workday TBD
Phone support:
Contact People Services at
800-421-1382Slide47
How we support each otherPerformance and Rewards teamDevelop communication plan
Develop toolbox of communications which each location will use as needed based on the needs and capabilities of each facility. These tools and resources include:Static guideAE posterDigital banners
Frequently asked questionsFacility Manager talking pointsSchedule, communicate and facilitate Train the Trainer sessions for leadership and designated championsDevelop train the trainer and associate AE training presentationSchedule and facilitates Webex/FAQ leadership callsEmail communications (pre AE, AE start and AE end)Associate Benefits BookPeople Services team available to assist leadership and associates with all questions related to eligibility and plansSlide48
How we support each otherTech Communication PartnersEnsure leaders review tools and resources on the Leadership Guide
Ensure all associates are aware of and review all tools and resources online on WorkdayEnsure computers are requested and set up as needed for associates to finalize AE sessions Send out AE email communications to all associates (pre AE, AE start and AE end) Schedule and facilitate associate AE meetings
Print and hang posters in designated areas if applicable to facilityEnsure digital signage is posted on monitors throughout your building if applicable to facilityPrint and make static guides available in common areas as neededMonitor Percent Complete through Workday to ensure all associates finalize an online enrollment sessionSend AE letter and static guide to associates on leave of absenceSlide49
Key things to rememberCurrent coverage will
end on Dec. 31, 2017Want coverage in 2018? Associates need to enroll during
Annual Enrollment. Otherwise, they’ll need a qualifying event to elect or make changes to their coverageFor
questions about associates’ changes in coverage at the end of the year, call People Services at 800-421-1362Slide50
How to enroll for 2018 benefits
Make benefit selections based onOffice location medical plan availability
Needs and cost preferences 1Beneficiary and dependent info will be neededAssociates should have their beneficiary information accessible along with dependent Social Security Numbers if they are enrolling dependents2
Enroll through WorkdayComplete an Annual Enrollment session in Workday3Slide51
Tools and ResourcesSlide52
Tools and Resources
eCommerce Leadership Guide on WalmartOne.com/AEeComm
– Sept. 25David Bungerdavid.bunger@walmartbenefits.comAssociate eComm Toolkit on Workday or WalmartOne.com/AEeComm – Oct. 14People Services - 800-421-1362
M-F: 7:30am – 6:00pm CTSat: 9:00am – 1:00pm CT10/30/17 7:30am – 9:00pm CT11/2/17 7:30am – 9:00pm CT11/3/17 7:30am – 11:59pm CT11/6/17 7:30 am – 9:00 pm CT11/9/17 7:30 am – 9:00 pm CT
11/10/17 7:30 am – 11:59 pm CT
Translation assistance available in over 125 languages!Slide53
Thank You!
“If people believe in themselves, it’s amazing what they can accomplish.”
– Sam Walton