1. BWXT 2018 BENEFITS
Fall 2017

2. 2018 Benefits Agenda Process Review Medical Coverage Overview
What Is New For 2018
Administration

3. 2018 Benefits – Process Review
Benefits Design
The decision-making process for determining the structure was made up of the following:
Regulatory requirements and Healthcare industry volatility
Value proposition
Limit complexity
Costs: Employee and Employer
Self funded
Executive review 

4. 2018 Benefits – Medical Coverage Overview
The Consumer Choice Plan
If you enroll in the comprehensive, high deductible Consumer Choice Plan:
Employee (payroll) contributions will be lower than the PPO Plan
Eligible medical and pharmacy expenses will accumulate towards the deductible and out-of-pocket maximums
You will receive a company contribution to your Health Savings Account (HSA) {$500 for “Single” and $1,000 for “Family” deposited in January of 2018}
You may contribute your own, pre-tax monies through payroll deductions to your HSA
Healthcare Flexible Spending Account (FSA) can only be used to help pay for eligible dental and vision expenses
Your HSA monies are never forfeited – they are yours to spend, even if you change plans or after you retire / terminate employment
If you have Medicare, Veterans Affairs (VA), Tri-care or other coverage that deems you ineligible for an HSA, you may still enroll in the Consumer Choice Plan but the IRS will not allow for company contributions or your own deferrals into an HSA account

5. 2018 Benefits – Medical Coverage Overview
The PPO Plan
If you enroll in the comprehensive PPO Plan:
The employee (payroll) contributions are higher than the Consumer Choice Plan because the plan pays more for up-front expenses
The PPO Plan has copayments which do not exist in the Consumer Choice Plan and lower deductibles than the Consumer Choice Plan
Out-of-pocket expenses for each visit are more predictable because of copayments
Medical and Prescription drug copays apply only to the out-of-pocket maximum
The Healthcare Flexible Spending Account (FSA) can be used to get reimbursement for medical, dental and vision out-of-pocket expenses
The IRS requires that if you elect the Consumer Choice Plan (HSA) while you have a remaining balance in your HRA, the HRA funds are forfeited

6. 2018 Benefits – What’s New?
LiveHealth Online – Beginning January 1, 2018
A private, secure video visit with a board-certified doctor on your smartphone, tablet or computer (webcam required)
Available 24/7 for issues such as: pink eye, colds, flu, fevers, allergies, sinus infection and other common medical conditions
An affordable alternative to urgent care or emergency room visits
For the PPO plan, the cost of service is a $10 copay per visit
For the Consumer Choice plan, the cost of service is $49
$49 is applied to annual deductible; or
Employee pays $9.80 (20% of $49) if the deductible is met
To avoid delays when you need to use the service, create your account now by signing up on livehealthonline.com or download the free app to your mobile device
For questions:
Call toll free at 888-LiveHealth ( ) or

7. 2018 Benefits – What’s New?
Health Care Flexible Spending Account (FSA)
Beginning January 1, 2018, contributions made to the Health Care FSA will no longer have the grace period feature
Our Health Care FSA will, instead, allow employees to carry over up to $500 of unused monies into the 2019 plan year
This option allows greater flexibility and reduces the amount lost as a result of the IRS ‘use-it-or-lose-it’ rule
For 2017 funds, the grace period still applies and funds can be reimbursed for services incurred from January 1, 2018 – March 15, 2018
Claims must be filed by April 15, 2018
2019:
Carry over balance from 2018: $300
Annual contribution amount: $700
Total Available 2019 Healthcare FSA: $1,000
Amount used: $200
Ending balance, Dec 31, 2019: $800
Carry over to 2020: $500
“Lost” contribution: $300
2018:
2018 Annual contribution amount: $1,000
Amount used: - $700
Carry over balance to 2019: $300
“Lost” contribution: $0

8. 2018 Benefits – What’s New? Medical Plan Employee (Payroll) Deductions
The medical plan deductions will increase approximately 6% for 2018, per month
The chart below shows payroll deduction increases broken down by each payroll type
PPO
Consumer Choice
Tier
Monthly
Weekly
Bi-Weekly
Semi-Monthly
Employee only
$8.00
$3.00
$1.85
$0.69
$3.69
$1.38
$4.00
$1.50
Employee + spouse
$15.00
$5.00
$3.46
$1.15
$6.92
$2.31
$7.50
$2.50
Employee + child(ren)
$12.00
$2.77
$0.92
$5.54
$6.00
$2.00
Employee + family
$19.00
$4.38
$8.77
$9.50
Medical & Pharmacy - no plan design changes
Dental & Vision - no rate or plan design changes
LTD & Supplemental Life – no rate or plan design changes
PAI – increasing a penny per month per $1,000

9. 2018 Benefits – Administration
The Annual Enrollment period will be October 16th through October 27th
BWXT Enrollment Center, provided by bSwift, is the provider of our on-line and phone enrollment process
Electronic distribution of ERISA disclosures notice (no CD in enrollment materials)
Ask Emma – optional Enrollment Decision Support Tool
If you do not make any changes during Annual Enrollment, your 2017 elections will rollover to 2018 except for the following, which must be selected for 2018:
Health Care Flexible Spending Account (FSA) elections {limited to $2,500}
Dependent Day Care FSA elections {limited to $5,000}
Health Savings Account (HSA)
If you are electing to defer your own, pre-tax monies, you must go through annual enrollment
Including BWXT Contributions … EE Only limited to $2,950; All Others limited to $5,900
If you elect the Consumer Choice Plan, your HSA account is re-activated or activated (if new enrollee) as a part of the enrollment process
If you do not go through annual enrollment you must activate/re-activate your 2018 account by calling bSwift at any time after annual enrollment
Group Legal

10. Annual Enrollment Period
2018 Benefits – Summary
Annual Enrollment Overview
Oct. 2 thru Oct 6
Oct. 16 thru Oct. 27
Early Dec.
Jan. 1
Materials Received at
Employee Homes
Annual Enrollment Period
Passive Enrollment OK
Statements Mailed
Corrections Allowed
New Plan Year Begins
Service / Questions
Anthem BCBS – call or visit
Express Scripts – call or visit
Health Advocate – call or visit
LiveHealth Online – call or
BWXT Enrollment Center – call or visit