2012-2013 Benefits Package
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2012-2013 Benefits Package. Choose Well Use Well Live Well. Agenda. Annual Enrollment Overview Employee Portal through ADP - New Vision Insurance - New H ealthcare Coverage - New Healthcare Plan Health Savings Accounts - New

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2012 2013 benefits package

2012-2013 Benefits Package

Choose Well Use Well Live Well


Agenda

Agenda

  • Annual Enrollment Overview

  • Employee Portal through ADP - New

  • Vision Insurance - New

  • Healthcare Coverage - New Healthcare Plan

  • Health Savings Accounts - New

  • Flexible Spending Accounts – New Limited Purpose healthcare FSA

  • Voluntary Accident - New

  • Voluntary Critical Illness and Cancer - New

  • Dental Coverage

  • Life and Disability Insurance

  • 401k

  • Other Benefits

  • Questions


Annual enrollment overview

Annual Enrollment Overview

Elections are effective 07/01/12 to 6/30/13

Annual Enrollment Period 05/21/2012 – 06/01/2012

Onsite One-on-One enrollment through Innotech benefit counselors

Phone enrollment through Innotech at

877-296-5162 - Monday through Friday

from 8AM to 5PM (CST)

You must meet with an Innotech enroller or call the call center to enroll in the new benefit options and FSA.


Employee portal through adp

Employee Portal through ADP

User name = First Initial+Last [email protected] Example: [email protected]

https://portal.adp.com Registration Pass Code: JBSSINC-1234


Employee portal through adp1

Employee Portal through ADP

  • What you can do through Employee Portal:

    • Reset or change password

    • Review and edit your personal information

    • Review and edit emergency contact information

    • View your paystubs

    • View your W-2

    • Use pay check calculators

    • Change your address

    • Review and edit your tax withholding

    • Review and edit your dependent information

    • View and change your benefit election

    • View benefit forms and materials

https://portal.adp.com


Employee portal through adp2

Employee Portal through ADP

You can now access Employee Portal and view your paystubs on your Smart Phone

  • Compatible Mobile Devices for ADP Mobile Employee Self Service:

  • iPhone® (3G, 3GS or 4 iOS 3.1.3 or higher)

  • iPad® (1 or 2 iOS 3.1.3 or higher)

  • iPod touch® (3rd or 4th generation iOS 3.1.3 or higher)

  • Android (V2.0 or higher)

  • BlackBerry® (v4.6.1 or higher)

https://portal.adp.com


Summary of benefit changes

Summary of Benefit Changes

Vision Plan – new

High Deductible healthcare Plan – new

Health Savings Accounts (HSA) – new

Limited Purpose FSA – new

$2,500 healthcare FSA Limit – new

Critical Illness Insurance – new

Accident Insurance – new


Vision plan

Vision Plan

EyeMed


Vision plan in network

Vision Plan (In-Network)

  • Exam With Dilation $20 Copay

  • Frames $0 Copay, $150 Allowance;

  • 80% of charge over $150 Up to $75

  • Standard Plastic Lenses

    • Single Vision/ Bifocal/Trifocal $20 Copay

    • Standard Progressive Lens $85 Copay

    • Premium Progressive Lens $85 Copay, 80% of charge less $120

  • Lens Options

    • UV Treatment $15

    • Tint (Solid and Gradient) $15

    • Standard Plastic Scratch Coating $0 Up to $5

    • Standard Polycarbonate $40

    • Standard Anti-Reflective Coating $45

    • Polarized20% off retail price

    • Other Add-Ons and Services 20% off retail price

  • Contact Lenses

    • Conventional $0 Copay, $150 Allowance; 15% off balance over $150 Up to $120

    • Disposable $0 Copay, $150 Allowance; plus balance over $150 Up to $120

    • MedicallyNecessary $0 Copay, Paid in full Up to $200


  • Vision plan cost

    Vision Plan Cost


    Vision plan cost1

    Vision Plan Cost


    Bcbs high deductible blueedge healthcare plan

    BCBS High Deductible BlueEdge Healthcare Plan


    Bcbs high deductible blueedge healthcare plan1

    BCBS High Deductible BlueEdge Healthcare Plan

    Deductible Single - $2,500 Family - $5,000

    Out-of-Pocket Single - $4,000Family - $8,000

    Preventive Services100%

    All Other Services80% after deductible

    Prescription Drugs80% after deductible

    Note: All services, except for preventive care are subject to deductible


    Bcbs high deductible blueedge h ealthcare plan

    • Protects you from high costs

    • It’s your money

    • Out-of-pocket maximums for services

    • Tools and resources you need to be a successful consumer of health care

      • Available at https://membersportal.hcsc.net/wps/portal/bam

      • Nurse Line

      • Cost & Quality Comparisons

    100% Health

    Coverage

    Preventive Care (in-network covered 100% by the plan)

    100% Preventive Care

    BCBS High Deductible BlueEdge Healthcare Plan

    How the High Deductible-HSA Plan works:

    Member Responsibility

    Annual Deductible & Out-of-Pocket

    Health Savings Account (HSA)

    14


    Bcbs high deductible blueedge healthcare plan cost

    BCBS High Deductible BlueEdge Healthcare Plan Cost


    Bcbs traditional ppo healthcare plan

    BCBS Traditional PPO Healthcare Plan

    DeductibleSingle - $1,000Family - $2,000

    Out-of-PocketSingle - $2,000Family - $4,000

    Preventive Services100%

    Office Visit$25 Co-pay

    All other Services90% after deductible or higher coverage

    Prescription Drugs$15/$30/$50/$100 – Co-pay

    Note: Co-pays are not counted towards Out-of-Pocket maximum


    Bcbs traditional ppo healthcare plan cost

    BCBS Traditional PPO Healthcare Plan Cost


    H ealthcare plans comparison

    Healthcare Plans Comparison


    H ealthcare plan contributions for 2012 2013

    Healthcare Plan Contributions for 2012-2013

    Premium Savings

    You save $607 / year

    You save

    $941 / year

    You save

    $1396 / year

    You save $1,731 / year

    19


    H ealthcare care cost single

    Healthcare Care Cost – Single

    Difference $444

    Savings $164


    H ealthcare care cost family of three

    Healthcare Care Cost – Family of Three

    Difference $1,203

    Savings $527


    Tools to evaluate healthcare needs and cost

    Tools to Evaluate Healthcare Needs and Cost

    https://membersportal.hcsc.net/wps/portal/bam


    Health savings accounts hsa

    Health Savings Accounts (HSA)


    Health savings accounts hsa1

    Health Savings Accounts (HSA)

    • Financial account that is owned by you and is portable

    • Must be paired with a high-deductible health plan (HDHP-BlueEdge)

    • Contributions to the account are to pay for eligible healthcare expenses or saved for future healthcare expenses - all 213(d) eligible expenses

    • No “use it or lose it”, unused funds roll over

    • Tax advantages

    • Contributions are pretax

    • Interest earned or investment gains are tax free

    • Distributions are not taxed if used for qualified healthcare expenses

    • Investment opportunities

    • Qualified healthcare expense must be incurred on or after the HSA was established

    • 2012 maximum per calendar year

      • $3,100 employee-only, $6,250 employee +

    • $1,000 catch-up option for account holders 55 and older.


    Flexible spending accounts

    Flexible Spending Accounts


    New fsa vendor adp

    New FSA Vendor - ADP

    • Effective July 1st ADP is a new FSA vendor

    • E-Flex will handle the run-out for 2011-2012 plan year claims through 09/15/2012

    • If you are a healthcare plan participant you will benefit from:

    • Direct crossover for out-of-pocket participant expenses – no more paper forms to submit

    • Debit card works on RX only

    • If you are not a healthcare plan participant:

    • Debit card works everywhere


    Traditional fsas

    Traditional FSAs

    • This account offers a way to help you save money by having pre-tax money go towards your health care and dependent care expenses:

      • Health Care Savings Account

        • $2,500 maximum - New

        • Funds available immediately

      • Dependent Care Savings Account

        • $5,000 maximum if you and your spouse are filing jointly or

        • $2,500 if married and filing separately

      • If you DO NOT use all the money in your Health FSA accounts by September 15th, 2012 you will lose it!

      • If you DO NOT use all the money in your Dependent Care FSA by June 30th, 2012 you will lose it!


    Limited purpose fsa

    Limited Purpose FSA

    • If you are participating in the BlueEdge High Deductible healthcare Plan, you can elect to contribute to a Limited Purpose Flexible Spending Account

      • The Limited Purpose FSA does have a “Use It Or Lose It” provision for any funds leftover at the end of the year

      • The Limited Purpose FSA is for dental and vision expenses only

      • Min = $0, Max - $2,500 per benefit plan year (July, 1st – June, 30th)

      • Grace period on claims – September, 15th


    New peace of mind benefits

    New Peace-of-Mind Benefits


    Accident insurance

    Accident Insurance

    • In addition to your primary healthcare insurance this voluntary accident plan offers coverage for:

      • accidents

      • injuries

      • ambulance services

    • Lump sum payments are made once accident is reported

    • It’s also available to your spouse and children, so it’s a plan that can protect your whole family.


    Accident insurance cost

    Accident Insurance Cost


    Critical illness and cancer

    Critical Illness and Cancer

    • This new plan provides financial protection in the event of a costly condition such as :

      • heart attack

      • stroke

      • coronary artery disease

      • cancer

    • During your recovery, you and your loved ones can rest a little easier knowing you

    • won’t have to deplete your bank accounts or take on additional debt to cover day-to-day living expenses.


    Critical illness and cancer cost

    Critical Illness and Cancer Cost


    Bcbs dental plan no changes

    BCBS Dental Plan

    (no changes)


    Bcbs dental plan

    BCBS Dental Plan


    Bcbs dental plan cost

    BCBS Dental Plan

    Cost


    Life and disability

    Life and Disability


    Life and disability no changes

    Life and Disability

    (no changes)

    • Basic Life and AD&D – 1 times Base Salary paid by JBSS

    • Travel Accident – 1 times Base Salary paid by JBSS

    • Based on your eligibility level you can purchase additional coverage:

      • Voluntary Life

      • Voluntary Spouse Life

      • Voluntary Child Life

      • Voluntary Single AD&D

      • Voluntary Family AD&D

      • Voluntary Short-Term Disability

      • Voluntary Long-Term Disability


    401 k plan

    401(k) Plan


    401 k plan1

    401(k) Plan

    • Are you missing on company match?

    • Effective January 1, 2012 JBSS increased its matching contribution to:

    • $1 for $1 on the first 3%

    • and then

    • $0.50 for $1 on the next 2%

    • That is the total of 4% and it is 100% vested.

    Where else can you find a deal like that?


    Other benefits

    Other Benefits

    • Employee Assistance Program

    • Online Will Preparation

    • Travel Resources

    • Business Travel Accident Insurance

    • 20% Discount in all company stores

    • Tuition Reimbursement

    • Employee Stock Purchase Plan

    • Wellness Initiatives

      • Biggest Loser 5/29-9/03/12

      • Walk-to-Wellness 5/29-9/03/12

      • Smoking Cessation 09/04/2012


    Wellness initiatives

    Wellness Initiatives


    Wellness initiatives1

    Wellness Initiatives

    Weight Loss Challenge

    • Eligibility:All Full-Time JBSS employees

    • Duration: 3 months

    • Structure:Individual Competition

    • Criteria: % of Overall Weight Loss

      • Program Start Date:

      • May 29th , 2012

      • Incentive

      • $250 Location Winner

      • $500 Grand Prize

      • Participation Prizes to all participants


    Wellness initiatives2

    Wellness Initiatives

    Walk To Wellness

    • Eligibility:All Full-Time JBSS employees

    • Duration: 3 months

    • Goal: 6400 Miles

    • Structure:Location and Individual Competition

    • Criteria: The most miles walked

      • Program Start Date: May 29th, 2012

        Incentive

        • $50 Location Winner

        • $150 Grand Prize

        • Participation Prize to the winning location participants


    Wellness initiatives3

    Wellness Initiatives

    Smoking Cessation Program

    • Eligibility:All Full-Time JBSS employees

    • Duration: 3 months

    • StructureIndividual

    • Criteria: End Result at 90 days following the program completion

    • Reimbursement: 80% up to the max of $150

      • Program Start Date: September 4th , 2012


    2012 2013 benefits package

    • Questions?


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