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2013 Open Enrollment

2013 Open Enrollment. Importance of health and welfare benefits. Protect, prevent, and provide choices. Eligibility. For employee, spouse/domestic partner, and dependent children. Eligible Employees. Eligible Partner. Eligible Dependents.

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2013 Open Enrollment

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  1. 2013 Open Enrollment

  2. Importance of health and welfare benefits Protect, prevent, and provide choices

  3. Eligibility For employee, spouse/domestic partner, and dependent children Eligible Employees Eligible Partner Eligible Dependents Full-time: first of the month following date of hire Part-time (for medical): after six months of employment Part-time (for dental, vision, life and ad&d insurance): first of the month following date of hire Legal opposite-sex spouse Qualified domestic partner Natural and adopted children Stepchildren Child(ren) of qualified domestic partner Through the end of the month following their 26th birthday

  4. Qualifying Life Event Changes in your family permit you to make changes to health and welfare benefits Addition by birth, adoption, marriage Loss by divorce or death Reach maximum age Gain/lose coverage 30 days to make changes

  5. How to Enroll MyBBVACompassBenefits.com

  6. Health and Welfare Benefits Overview Medical Coverage Dental Coverage Vision Coverage Superflex Life and AD&D Insurance Disability Insurance Long-term Care Retirement Planning Work-Life Benefits

  7. Medical Coverage Choose the best medical plan to meet the needs of you and your family.

  8. Medical Coverage Choice between two medical plans Low annual deductibles 100% covered for preventive services In- and out-of-network coverage Office visits and specialists Emergency room and urgent care

  9. Wellthy For Life Wellness program

  10. Health Reimbursement Account (HRA) Earn money to pay for eligible medical, dental, and vision expenses BBVA makes a contribution January 1 You earn points through Wellthy for Life program

  11. Earn up to $720 HRA dollars per year by participating in Wellthy for Life program

  12. Virgin HealthMiles Wellness program Fun, effective and rewarding way to manage health Get rewarded for tracking healthy habits and physical activity The more physical activity you do, the more you earn

  13. Dental Coverage Use dental coverage for your and your family’s dental health

  14. Dental Coverage Basic or Premium dental coverage Slight increase in dental premiums 100% coverage for preventive care Coverage for minor and major services Orthodontia for dependent children

  15. Vision Coverage A vision exam is more than just glasses

  16. Vision Coverage Exams and materials at a discount Eye exam covered at 100% Discounts on lenses and frames Laser vision correction discounts Preferred pricing for contacts

  17. Superflex Use pre-tax dollars to pay for health care and dependent care expenses Decrease in health care flexible spending account maximum

  18. Flexible Spending Accounts Pre-tax savings to apply to eligible expenses Reduces current taxable earnings Save on income tax at the end of the year More money in your pocket

  19. Medical Dependent Care Coinsurance Copays Prescriptions Glasses/contacts Debit card for expenses All-day care Before/after school programs Summer day camps Superflex Spending Accounts Can elect Medical and/or Dependent Care

  20. Health Reimbursement and Flexible Spending Accounts You can participate in the Health Reimbursement Account and the Medical Flexible Spending Account One debit card for both accounts

  21. Life and AD&D Insurance Financial protection for you and your family

  22. Life and Accidental Death & Dismemberment Insurance Use in the event of a death or accidental dismemberment Basic Life Insurance for you 2 x annual base salary (FT) $10,000 (PT) Optional Life Insurance for you and dependents Basic Accidental Death & Dismemberment Insurance for you Optional Accidental Death & Dismemberment Insurance for you and dependents

  23. Disability Insurance Keeping you afloat while you recover from an illness or injury

  24. Disability Insurance Short-term Disability and Long-term Disability Portion of pay when you can’t work due to illness or injury Short-term: 60% of your weekly pay up to 180 days Long-term: 60% of monthly pay, submit claim after Short-Term

  25. Long-term Care Planning for your future care

  26. Long-term Care Assisted care during temporary or permanent disability Protects savings from high costs Full-time and part-time employees can enroll

  27. Retirement Planning Tools and services to provide for your future

  28. Long-term Savings and Retirement Plans Compass SmartInvestor 401(k) plan Eligible to enroll immediately Company match after 1 year and over 1,000 hours worked Company match dollar-for-dollar up to 3%; plus 50 cents for every dollar for the next 2%

  29. Work-Life Benefits Variety of programs to assist with your everyday life

  30. Leave programs Vacation days and company-paid holidays Vacation Company holidays Sick pay

  31. Leave programs Company-paid leave Family and Medical Medical Bereavement Military Jury duty

  32. Employee Assistance Program Free service for assistance with everyday issues Free professional support Health, finances, family

  33. Contact Information Resources available to answer your health and welfare benefit questions MyBBVACompassBenefits.com 1-888-HRHELP5 (1-888-474-3575) HRHelp@bbvacompass.com

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