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BENEFITS YOU CAN COUNT ON | 2012- 2013. OUR COMMITMENT TO YOU | plans designed for your needs. Benefit Basics Elections you make now will remain in effect through July 31 st , 2013 You can only make changes if there is a qualified “Life Event”
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OUR COMMITMENT TO YOU | plans designed for your needs Benefit Basics • Elections you make now will remain in effect through July 31st, 2013 • You can only make changes if there is aqualified “Life Event” • Changes must be made within 30 days of experiencing a qualifying event • Review benefits-make selections wisely Designed to recognize diverse needs • Competitive and comprehensive benefits • Provides plans based on individual needs • Offer plans that provide long-termfinancial security for you and your family
YOUR BENEFITS | what are life events? Life Events • Change in status including marital, employment, number of dependents and residence • Dependent’s employer’s Open Enrollment • HIPAA special enrollment rights • FMLA special requirements • Entitlement to Medicare or Medicaid
OUR COMMITMENT TO YOU | plans designed for your needs Eligibility • You are eligible for benefits if you are a regular full-time employee working 30 hours per week • Part-time employees are eligible for voluntary limited medical plans and dental plans • Spouse and dependents are eligible for some benefits Benefits Offered • Medical • Dental • Vision • Life and AD&D • Voluntary Life and AD&D • Voluntary Short Term Disability • Long Term Disability • Supplemental Benefits • Flexible Spending Account • Employee Assistance Program • 401(k) Savings Plan
YOUR BENEFITS | core benefit solutions that work for you Medical Benefits • Floor and Decor offers medical coverage through Aetna. To locate a provider please use the provider search tool at www.aetna.com. • Full-time employees NOT living in California or Louisiana can select from two options: High Deductible Health Plan (HDHP) or HMO • California and Louisiana full-time employees ONLY can select from two options: High Deductible Health Plan (HDHP) or Choice POS • Customer Service Information: • HMO: 877-402-8742 • High Deductible Health Plan: 888-266-5519 • Choice POS (CA/LA only): 888-266-5519 • www.aetna.com
YOUR BENEFITS | core benefit solutions that work for you NON-SMOKER MEDICAL PREMIUM DISCOUNTS Tobacco use continues to be the leading cause of preventable death in the U.S. and can lead to serious illness, disability and decreased quality of life. Floor and Decor is committed to managing/minimizing healthcare cost increases for employees and the company. For those members who are committed to a healthier lifestyle by not smoking or using tobacco, Floor and Decor has implemented non-smoker medical premium discounts. • Premiums will be approximately 25% lower for those members who do not smoke or use tobacco. • Each member will be asked to verify his/her smoker status when you call to enroll.
YOUR BENEFITS | Dental Benefit Highlights • Dental – Dental coverage is offered through Aetna • Customer Service Information: • 877-238-6200 • www.aetna.com This chart shows how much you pay for certain services. Keep in mind, if your doctor charges more than the Plan’s “reasonable and customary” charge, you may be required to pay the extra amount.
YOUR BENEFITS |Voluntary Limited Benefit Plans Floor and Decor offers voluntary limited medical plans to part-time employees only through Aetna. • There are two medical plan options to choose from that provide fixed benefits for certain services. • The medical plans also provide prescription drugs and vision discounts. • Dental is an available optional coverage. • Customer Service Information: • 888-772-9682 • www.aetna.com/src (User Name: 801983 / Password: AAHC)
YOUR BENEFITS |Vision Plan Highlights Floor and Decor offers vision coverage through Aetna. A key benefit to this plan is that every 12 months you can get an exam and lenses (or contact lenses). New frames are available every 24 months. • Customer Service Information: • 877-402-8742 / 888-266-5519 • www.aetna.com
YOUR BENEFITS| Basic Life and AD&D Insurance Floor and Decor provides all eligible employees with a basic life benefit at no cost to you. Benefit Amounts: For You: 1 X your annual salary to $500,000 max This benefit is paid for by Floor and Decor for you, our valued employee
VOLUNTARY LIFE BENEFITS | there when you need it If you want additional protection for you and your family, you can buy: *This benefit has a one time open enrollment that allows employees to increase their 2011 voluntary life insurance benefit coverage by $50,000 without submitting a health application. If you decline coverage at this time and wish to add it at the next enrollment period, you must complete health questions and be approved for any amount of coverage.
VOLUNTARY SHORT TERM DISABILITY | there when you need it Protecting your paycheck is important. You insure your house, your car, your teeth, and your health but if you don’t have a paycheck then all those benefits go away. The definition of disability is your inability to perform your own occupation.
LONG TERM DISABILITY | there when you need it Protecting your paycheck is important. You insure your house, your car, your teeth, and your health but if you don’t have a paycheck then all those benefits go away. Floor and Decor pays 100% of the cost for Long Term Disability.
ImportantNote! FINANCIAL BENEFITS | Flexible Spending Accounts Flexible Spending Accounts Spending Accounts work like a savings account. Each pay period a pre-tax payroll deduction is deposited into your Health Care and/or Dependent Care Spending Account. Unclaimed balances left in your FSA at the end of the plan year are forfeited and not returned to you. Please give careful thought to the amount you want withheld. Be conservative in your estimated annual expenses. Contributions are automatically deducted from your paycheck.
Supplemental Insurance • AFLAC • 800-433-3036 • www.aflac.com • The following AFLAC plans are offered through payroll deductions for this benefit year: • Critical Illness • Hospital Indemnity
Features of Aetna EAP • Floor and Decor offers an employee assistance program through Aetna. This line is available 24/7, 365 days a year. • Call Aetna to help you with: • Health and medical concerns • Emotional distress • Marriage/family problems • Depression • Alcohol/drug abuse • Legal & financial questions • Call Toll-Free at 888-238-6232
401(k) Savings Plan - Pre-tax benefit • American United Life Insurance Company • Eligibility: Must be 21 years old; One year of service at Floor and Decor • www.oneamerica.com • 800-249-6269
HOW TO ENROLL | Benefits Enrollment • Call Willis at 800-874-2244 and speak with a benefits enrollment representative. • The representative will guide you through the enrollment process by asking for your election decisions. • Your decisions will then be updated in the online enrollment tool by the representative. Dependent & Beneficiary Updates: Prior to enrolling, go to the employee access website, https://portal.adp.com ,and update dependent and beneficiary information.
ImportantNote! NEED ADDITIONAL INFORMATION? | reference for benefit needs If there is ever a question about one of these plans, or if there is a conflict between the information in this guide and the formal language of the Plan documents, the formal wording in the Plan documents will govern. Please note that the benefits described in this guide may be changed at any time and do not represent a contractual obligation on the part of Floor & Decor Outlets of America, Inc. About this presentation This presentation describes the benefit plans available to you as an employee of Floor & Decor Outlets of America, Inc. The details of these plans are contained in the official Plan documents, including some insurance contracts. This presentation is meant only to cover the major points of each plan. It does not contain all of the details that are included in your Summary Plan Description (SPD) (as described by the Employee Retirement Income Security Act).. The text contained in this Guide was taken from various summary plan descriptions and benefit information. While every effort was taken to accurately report your benefits, discrepancies, or errors are always possible. In case of discrepancy between the Guide and the actual plan documents the actual plan documents will prevail. All information is confidential, pursuant to the Health Insurance Portability and Accountability Act of 1996. If you have any questions about your Guide, contact Human Resources.
NEED ADDITIONAL INFORMATION? | reference for benefit needs • Willis is here to assist the Employees of Floor and Decor Outlets of America, Inc. with enrollment, claims problems and benefits questions. • Willis is the Benefits Advocate that Floor and Decor is using for your employee benefits program. They provide a team of experts that will assist you with enrollment and resolving any problems or benefits questions. You can reach their Client Services team by calling their offices at the number provided below. • Hours of Operation: Monday-Friday 8:30am-5:30pm EST • 800-874-2244 option 1 • 770-425-6700 option 1
NEED ADDITIONAL INFORMATION? | reference for benefit needs If you would like to review this presentation againclick on the link below. Click here. If you have any questions regarding this presentation please contact Willis 800-874-2244. The information provided in this presentation is presented for illustrative purposes and is based on information provided by the employer, and insurance companies. The text contained in this Guide was taken from various summary plan descriptions and benefit information. While every effort was taken to accurately report your benefits, discrepancies, or errors are always possible. In case of discrepancy between the presentation and the actual plan documents the actual plan documents will prevail. All information is confidential, pursuant to the Health Insurance Portability and Accountability Act of 1996. If you have any questions about your Guide, contact Willis.
