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October 2017 Welcome to 2018 October 2017 Welcome to 2018

October 2017 Welcome to 2018 - PowerPoint Presentation

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October 2017 Welcome to 2018 - PPT Presentation

Annual Enrollment Got benefits Remember you 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 ID: 726175

associates call plan january call associates january plan 2018 800 medical benefits walmart plans annual services workday time care 000 eligible 421

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Slide1

October 2017

Welcome to 2018

Annual EnrollmentSlide2

Got benefits?Remember,

you 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

Eligibility Getting started on your Walmart plans Medical Plan OptionsOther Health BenefitsFinancial BenefitsImportant RemindersTools and ResourcesSlide4

Benefits EligibilitySlide5

Benefits eligibility

SalariedassociatesFull-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

.Slide6

Available to all associates

LONG-TERM DISABILITYSPOUSE/PARTNER LIFEDENTAL

ASPPCRITICAL ILLNESSCHILD LIFE

SHORT-TERM DISABILITY

VISION

LIFE INSURANCE

MEDICAL

401(K)

ACCIDENT INSURANCE

AD&D

Salaried and Full-Time Hourly associate

benefits eligibilitySlide7

Part-time hourly associate benefits eligibilityHOURS WORKED

COVERAGE OPTIONSon 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 WEEKSlide8

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

.Want to cover

your

family too? Here’s who is eligible to be covered on

your

benefit plans:Slide9

Getting StartedSlide10

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 you sign up for a medical plan, your new ID cards will arrive at your 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?

You will

need to complete an enrollment session in Workday by November

10,

2017

.Slide11

Medical Plan OptionsSlide12

Health Savings Account (HSA) Plan

2018 medical plan optionsThe Walmart family is pretty big. Depending on where you are, you have a few medical plans to choose from.

Health Reimbursement Account (HRA) PlansSlide13

Key features of the HRA

plans Get a special health reimbursement account credited by Walmart to help them pay for eligible expenses.

HRA PlanHRA 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 / $13,700Slide14

How do the HRA plans work?

Walmart PaysHRA Credit

Walmart 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%Slide15

Key features of an HSA

plan HSA contributionsTriple tax benefitWalmart 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 keepBuild a tax-free personal health savings account for use with eligible health care expenses.Slide16

2018 medical plan options

– select locationsKeep in mind, availability is based on the location you work, not where you live. To find out more about your options, you can see your online resources on Workday.Accountable Care Plans (ACP)

Select Network PlanHealth Maintenance Organizations (HMO)Slide17

Pharmacy coverageAll of the medical plans include

pharmacy benefits.HRA, HRA High, HSA*, Select Network Plan, ACP optionsGeneric 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, you will need to fill your prescriptions at a Walmart or Sam’s Club pharmacy. If the closest is more than five miles away from your work location, you’ll

also be able to fill your prescriptions at any Express Scripts network pharmacy.

If you

enroll in an HMO,

you’ll

have access to that plan’s prescription benefit instead.Slide18

Getting even more from your medical plans

When you enroll in the Walmart medical plans, you get instant access to great benefits and programs that help you get the most from your medical plans. These include:PREVENTIVE CARE COVERAGEHEALTHCARE ADVISOR

DOCTOR ON DEMANDGRAND ROUNDSCENTERS OF EXCELLENCE

CASTLIGHT

LIFE WITH BABY

QUIT TOBACCOSlide19

Preventive careStay heathy by making the most of preventive care benefits with $0 copays at in-network providers.

Annual physicalWell woman examSome lab workPreventive careincludes:

Find more information on Preventive Care on Workday or WalmartOne.com/AEeComm and in the 2018 Associate Benefits BookSlide20

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 Management

Healthcare

advisors

provide:

Available

only to associates enrolled in medical on January 1Slide21

Doctor

On DemandDownload the Doctor On Demand™ app from iTunes or Google Play

24/7 video access to doctors

Video visits covered just like regular doctor visitsConvenience at a lower cost

Doctor

On

Demand

provides:Slide22

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 details

Helps find the highest quality specialist

Grand Rounds

Available

only to associates enrolled in the HRA, HRA High, HSA and Select Network PlansSlide23

Centers of Excellence

Access to specialists for:Certain heart surgeriesCertain spine surgeriesHip 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 cardSlide24

Centers of Excellence Health SystemsCleveland Clinic – Cleveland, OH

Geisinger – Danville, PAJohns Hopkins – Baltimore, MDKaiser – Irvine, CAMayo – Jacksonville, FLMayo – Rochester, MNMayo – Phoenix, AZMemorial Hermann – Houston, TXMercy – Springfield, MONortheast

Baptist – San Antonio, TXScripps Mercy – San Diego, CAVirginia Mason – Seattle, WASlide25

Castlight

Search for doctors and medical services nearbyEasily compare pricesTrack 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.Slide26

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” books

Maternity ProgramFor 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 cardSlide27

Quit TobaccoYou can kick the habit at no cost to

you with one of our Quit Tobacco programs, QuitNet and Kick Buts. Once you sign up, here’s what you’ll receive:Lower premiums!Text and telephone support and counseling

Nicotene replacement therapy at no costQuit Tobacco

For more information,

call:

Kick Buts: 855-955-1905

QuitNet

: 866-577-7169Slide28

Continuity of CareWe understand transitioning to a new medical plan can be stressful, especially if you are in the middle of care.

If you are in the middle of specific care or treatment and their 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 800-421-1362. After January 1, you can call your Healthcare Advisor.Aetna855-548-2387

BlueAdvantage of AR866-823-3790United Healthcare888-285-9255Slide29

Other Health BenefitsSlide30

Dental plan

Annual Deductible: $75 per person$225 familyPreventive and diagnostic care: 100% with no deductible

for Preferred dentistsBasic care: 80% after deductible

Major 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 800-462-5410Slide31

Vision planBENEFITS AVAILABLE EVERY CALENDAR YEAR

Routine eye exam: $4 copayFrames: covered up to $130

after material copayContact lenses: covered up to $130 after material copay, instead of glasses

Contact 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

866-240-8390Slide32

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 eligible

Accidental Death & Dismemberment Up to $1,000,000Company 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

877-740-2116Slide33

Dependent life insurance

Child Life InsuranceEligible children up to age 26Coverage up to $10,000 per childNo proof of good health required

Spouse/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

877-740-2116Slide34

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

conditionsFor 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

800-514-9525Slide35

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 800-492-5678Slide36

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

800-492-5678Slide37

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 800-492-5678Slide38

Financial BenefitsSlide39

401(k) retirement savings

For more information, call Merrill Lynch at 888-968-4015 or visit benefits.ml.com

You 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

your

contribution, up to 6% of eligible pay

You

can sign up or change

your savings

rate at any time

401(k)Slide40

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 date

Adjusted over time to become

more

conservative

Most conservative fund does not change over time

Investing

made easySlide41

Associate Stock Purchase Plan

For more information, call Computershare at 800-438-6278

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

Walmart will match 15% of your

stock purchases, up to the first $

1,800

You can sign up and change contributions at any time

Associate Stock

Purchase PlanSlide42

Important RemindersSlide43

2018 Annual Enrollment timelineAnnual Enrollment:

Oct. 28 – Nov. 10, 2017

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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 coverage

For questions about associates’ changes in coverage at the end of the year, call People Services at 800-421-1362Slide45

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 dependents2Enroll through WorkdayComplete an Annual Enrollment session in Workday3Slide46

Tools and ResourceseComm

AE Toolkit on Workday or WalmartOne.com/AEeComm – Oct. 14People Services - 800-421-1362M-F: 7:30am – 6:00pm CTSat: 9:00am – 1:00pm CT10/30/17 7:30am – 9:00pm CT

11/2/17 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 CT11/10/17 7:30

am – 11:59 pm CT

Translation assistance available in over 125 languages!Slide47

Thank You!

“If people believe in themselves, it’s amazing what they can accomplish.”– Sam Walton