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
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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