BENEFITS BREAKDOWN A Walmart Company
MEDICAL BENEFITS ELIGIBILITY - COMPARISONS Old Benefit Package New Benefit Package | 2018 Administrator UHC Based upon (Aetna, BCBS or UHC) Eligibility Requirements Salary and full time hourly: Date of hire Part time: 1st day of the month following 30 hour requirement Full time working 30 hours New hire management: Date of hire New hire hourly: 1st day of the month in which 89th day of employment falls New hire part-time/temporary: 1st day of the 2nd month following 52 week anniversary averaging 30 hours/week Dependent Eligibility Spouse Dependent children Spouse/Partner (not covered for PT) Other UHC Virtual Visits $10/visit Self-insured only: Castlight Doctor on Demand Grand Rounds Centers of Excellence for transplants, cardiac, spine, hip and knee replacement, and medical review of certain cancer types
Biweekly Associate Contributions MEDICAL BENEFITS ELIGIBILITY – COMPARISONS * Modcloth PA Corporate, Retail, and Fulfillment Center - moving from Modcloth Benefits to Walmart Standard Benefits Old Benefit Package New Benefit Package | 2018 Medical Plans PPO Choice Plus HRA HRA High HSA Aetna Select Network UPMC HMO Medical Funding Fully-insured Self-insured Biweekly Associate Contributions Associate Only $6.65 $26.10 $78.50 $29.10 $20.80 $74.70 Associate & Spouse $116.31 $124.80 $265.90 $130.50 $110.00 $268.70 Associate & Children $77.54 $41.90 $110.80 $45.70 $34.30 $118.40 Associate & Family $144 $146.40 $284.60 $150.70 $128.90 $311.60 Individual Deductible N/A $2,750 $1,750 $3,000 $1,000 Family Deductible $5,500 $3,500 $6,000 $2,000 HRA Co. Cont. $300/$600 $500/$1,000 HSA Co. Match $350/$700 Individual OOP $6,600 $6,850 $6,650 Family OOP $13,200 $13,700 $13,300 Coinsurance (in-network) 100% 75% PCP Copay $20 N/A $35 Specialist Copay $45 $75 Rx Copay $15 to $40 $4 to $50/25% $4 to $50/25% after deductible $10 to $75 Austin, TX Pittsburgh, PA
Biweekly Associate Contributions MEDICAL BENEFITS ELIGIBILITY – COMPARISONS * Modcloth CA Corporate - moving from Modcloth Benefits to Walmart eCommerce Benefits Old Benefit Package New Benefit Package | 2018 Medical Plans PPO Choice Plus eComm PPO HSA Kaiser eComm Medical Funding Fully-insured Self-insured Biweekly Associate Contributions Associate Only $6.65 $32 $29.10 $29 Associate & Spouse $116.31 $139 $130.50 $125 Associate & Children $77.54 $54 $45.70 $49 Associate & Family $144 $161 $150.70 $145 Individual Deductible N/A $300 $3,000 $1,000 Family Deductible $600 $6,000 $2,000 HRA Co. Cont. HSA Co. Match $350/$700 Individual OOP $6,600 $1,500 $6,650 $6,550 Family OOP $13,200 $13,300 $13,100 Coinsurance (in-network) 100% 90% 75% PCP Copay $20 $15 $35 Specialist Copay $45 $25 $50 Rx Copay $15 to $40 $10 to $30 $4 to $50/25% after deductible $10 to $50 CA Only
DENTAL BENEFITS ELIGIBILITY - COMPARISONS Old Benefit Package New Benefit Package | 2018 Administrator MetLife Delta Eligibility Requirements Salary and full time hourly: Date of hire Part time: 1st day of the month following 30 hour requirement New hire management: Date of hire New hire hourly: 1st day of the month in which 89th day of employment falls New hire part-time/temporary: 1st day of the 2nd month following 52 week anniversary - Must remain in the plan for 2 full calendar years Dependent Eligibility Spouse Dependent children No hours requirement Spouse/Partner (not covered for PT) Funding Fully Insured Self-insured
Biweekly Associate Contributions DENTAL BENEFITS - COMPARISONS Old Benefit Package New Benefit Package | 2018 Plans Traditional Biweekly Associate Contributions Associate Only $1.85 $8.30 Associate & Spouse $12.46 $20.00 Associate & Children $19.40 Associate & Family $33.90 Individual Deductible $25 $75 Family Deductible $225 Max per Person $1,500 $2,500 Preventative 100% Basic 80% Major 50% Ortho Max 80% up to $1,500 lifetime max per person
VISION BENEFITS - COMPARISONS Old Benefit Package New Benefit Package | 2018 Administrator Ameritas/EyeMed VSP Eligibility Requirements Salary and full time hourly: Date of hire Part time: 1st day of the month following 30 hour requirement New hire management: Date of hire New hire hourly: 1st day of the month in which 89th day of employment falls New hire part-time/temporary: 1st day of the 2nd month following 52 week anniversary Dependent Eligibility Spouse Dependent children No hours requirement Spouse/Partner (not covered for PT) Funding Fully Insured
Biweekly Associate Contributions VISION BENEFITS - COMPARISONS Old Benefit Package New Benefit Package | 2018 Plans Core Plan Buy-up Plan VSP Biweekly Associate Contributions Associate Only $0.92 $1,51 $2.76 Associate & Spouse $2.06 $4.65 $5.52 Associate & Child(ren) Associate & Family $8.26 Exam Copay 100% $4 Lenses Copay Applies with purchase of frames, lenses, or both. Copay is charged only once when frames and lenses are purchased together. Progressive lens $55 copay. Frames Up to $180 $130 allowance ($4 copay is charged only once when frames and lenses are purchased together.) Contacts $130 in lieu of glasses
LIFE/AD&D BENEFITS - COMPARISONS Eligibility Dependent children up to age 26 Company Paid Life Insurance 1x annual salary max of $200,000 No cost 1x annual salary max of $50,000 Optional Life Insurance Employee: Up to 5x annual salary or $500,000 Spouse: Up to $100,000 Dependent Children: Units of $5,000 up to $100,000 Management: Up to $1,000,000 Hourly: Up to $200,000 Dependent Children: $2k, $5k or $10k option Accidental Death & Dismemberment N/A Hourly: Up to $200,000 Payout depends on diagnosis; Employee pay Optional Plans Accident Insurance: provides benefits if associate or any covered dependents receive a covered treatment related to an off-the-job accident. Critical Illness Insurance: benefits in the form of direct lump-sum payments which can be used to help pay for expenses related to covered critical illnesses and diseases.
DISABILITY BENEFITS - COMPARISONS Old Benefit Package New Benefit Package | 2018 STD Fully insured Company paid Begins on the 8th day of a disability Max of 12 weeks 60% of pre-disability earnings/max of $2,000 Self-insured Salary: 6 weeks at 100%; 19 weeks at 75%; no max Full Time Hourly Basic: 25 weeks; 50% of pre-disability earnings/max of $200 per week Full Time Hourly Enhanced: 60% of pre-disability earnings/no max (associate contribution) LTD No Cost Begins after 90 days 60% of pre-disability earnings/max of $9,000 per month Associate Paid Begins after 12 month waiting period Basic: 50% of pre-disability earnings Enhanced: 60% of pre-disability earnings Maternity Leave (birth mothers) FT Hourly and Salary: 10 weeks paid Parental Leave 2 weeks for birth/adoption Salaried: 12 weeks paid Full-Time Hourly: 2 weeks paid For birth, adoption, foster care, and after maternity leave for birth mothers
401(K)/STOCK PURCHASE COMPARISONS Old Benefit Package New Benefit Package | 2018 401(k) No company match 6% Company match 100% Vest ASPP N/A 15% match (max $270 per year)
OTHER BENEFITS - COMPARISONS Old Benefit Package New Benefit Package | 2018 Dependent Care Reimbursement Account Up to $5,000 in Dependent Care FSA; no company contribution N/A Flexible Savings Account Up to $2,550 in FSA; no company contribution Commuter option Commuter Transit Commuter Parking EAP Metlife/MHN Resources For Living Telephonic support 3 face-to-face sessions Discounts Walmart Associate Discount (10% on general merchandise) - implementation date TBD Other ZP Program Even Tobacco cessation