2008 Annual Open Enrollment Presentation
Open Enrollment Dates –
November 5 – November 16, 2007
1
Agenda
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Overview of Open Enrollment
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What’s New for 2008
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New Rates for 2008
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Other Important Information
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2008 Benefit Program Overview
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2008 Open Enrollment Communication Schedule
•
Other New & Exciting Programs in 2008
•
Summary of Resources
2
Overview of Open Enrollment
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2008 Annual Open Enrollment begins on November 5, 2007
– Annual opportunity to make any changes to your benefit coverage
– Allows Team Member add/drop dependents to their coverage
– IRS only allows participants to make changes during Open Enrollment,
if not done as a New Hire or with a Qualifying Event
– Any changes will become effective January 1, 2008
•
Enrollment materials posted on benefits.fedexkinkos.com
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Open Enrollment Guide will be mailed to every Team Member’s
home address
•
2008 Annual Open Enrollment ends on November 16, 2007
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For team members gaining initial benefit eligibility on November 1, 2007, there will
be a separate Open Enrollment from November 5 – 16, 2007
For team members gaining initial benefit eligibility on December 1, 2007, there will
be a separate Open Enrollment from December 6 – 20, 2007
3
Overview of Open Enrollment
What team members need to do:
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Logon to benefits.fedexkinkos.com
Sign in using your SSN (or KID) and PIN (month and day of your birth in
“mmdd” format – unless you previously personalized your PIN). Contact
the Benefits Service Center at 1.866.866.9050 for PIN assistance.
Review your Personal Information
Generate your 2008 Personalized Enrollment Worksheet
Review/update your list of dependents
Designate your Plan elections for 2008
Review/update your beneficiaries
Review your 2008 Elections
Print your 2008 Election Summary
4
Overview of Open Enrollment
IMPORTANT
• If you are not making changes to your benefits for 2008 and do
not wish to participate in the Flexible Spending Account Programs
(HCRA & DCAP), you DO NOT have to enroll.
– Flexible Spending Accounts will be set to $0 effective 01/01/2008
unless re-elected during Open Enrollment.
5
What’s New for 2008
•
Team member overall health plan contributions per month will not
change
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FedEx Kinko’s overall health plan cost increase 8%
•
Team member dental plan PPO contributions per month will decrease
approximately $10-$23/month
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Team member dental assistance plan contributions per month will
decrease approximately $2-$11/month
•
Team member vision contributions will not change
•
Several new health plan design enhancements
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Moderate plan design changes
6
What’s New for 2008
Enhancements to Health Plan Design:
• Increase preventative service benefit from $300 to $500
• Disease Management programs
– Diabetes
– Asthma
– Coronary Artery Disease
• Nurse Advocate program
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What’s New for 2008
Changes to Plan Design:
• Comprehensive and CareAdvocate Plan
– Increase calendar year deductible from $250/500 to $300/$600
– Increase calendar year out-of-pocket maximum from $1000/$2000 to
$1500/$3000
– Increase office visit copay (PCP/Specialists) from $15/$15 to $20/40
(Comprehensive plan only)
• Specialty Prescription Drugs
– Maximum increased to $200
• Emergency Room co-pay
– Changing from $150 per visit to $200 per visit
• Dental Deductible
– Increase calendar year deductible from $50 to $100 (Preventative services paid
at 100%) Note: Dental team member contributions will decrease $121 per year
for team member only coverage and $284.88 per year for family coverage.
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Rates for 2008 (monthly)
Team
Member
Monthly
Contribution
Catastrophic
Medical Plan
Comprehensive
Medical Plan
PPO
Dental Plan
Dental
Assistance Plan
Vision
Service Plan
2007
2008
2007
2008
2007
2008
2007
2008
2007
2008
Team
Member
Only
$36.38
$36.38
$100.45
$100.45
$30.25
$20.16
$10.40
$8.34
$9.83
$9.83
Team
Member +
Spouse/DP
(TM +1 in
2006)
$117.93
$117.93
$192.69
$192.69
$51.93
$34.61
$21.56
$21.24
$13.94
$13.94
Team
Member +
Child(ren)
$117.49
$117.49
$191.88
$191.88
$51.41
$34.26
$21.56
$17.37
$13.41
$13.41
Family
$163.37
$163.37
$273.36
$273.36
$71.17
$47.43
$41.88
$29.92
$25.84
$25.84
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Care Advocate Rates for 2008 (monthly)
Team Member
Monthly Contribution
Eastern
Region
Central
Region
Western
Region
$95.20
$90.96
$76.63
Team Member +
Spouse/DP
$183.66
$176.58
$146.45
Team Member +
Child(ren)
$182.99
$175.90
$145.90
Family
$251.11
$244.25
$202.14
Team Member Only
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2008 Benefit Regions
Eastern Region
Central Region
Western Region
Connecticut
Alabama
Alaska
District Of Columbia
Arkansas
Arizona
Delaware
Illinois
California
Florida
Indiana
Colorado
Georgia
Iowa
Idaho
Maine
Kansas
Montana
Maryland
Kentucky
Nevada
Massachusetts
Louisiana
New Mexico
New Hampshire
Michigan
Oregon
New Jersey
Minnesota
Utah
New York
Mississippi
Washington
North Carolina
Missouri
Wyoming
Pennsylvania
Nebraska
Rhode Island
North Dakota
South Carolina
Ohio
Vermont
Oklahoma
Virginia
South Dakota
West Virginia
Tennessee
Texas
*Note—Hawaii team
members are provided
with medical, dental
and vision under a
separate health
insurance policy as
mandated by Hawaii
State Law
Wisconsin
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Other Important Information
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Certain life events may allow you to make changes to your
benefits
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Each team member will receive a confirmation statement at their
home address after Open Enrollment is complete
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Marriage, divorce, birth/adoption, death, loss or gain of other coverage, etc.
You have 31 days from the date of the event to make appropriate changes
Contact the FedEx Kinko’s Benefits Service Center toll-free at 1.866.866.9050 for
assistance
Logon to benefits.fedexkinkos.com for additional information
VERY IMPORTANT!! If you have not received this confirmation statement by
December 16, 2007, contact the FedEx Kinko’s Benefits Service Center
immediately!!!
Open Enrollment ends on November 16, 2007
The next section is intended to summarize 2008 Plan options
for team members who would like a refresher on or need to be
introduced to FedEx Kinko’s benefit programs
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2008 Benefits Program Overview
Medical Plan Options
– Catastrophic Medical Plan
– Comprehensive Medical Plan
– CareAdvocate Medical Plan
Dental Plan Options
– PPO Dental Plan
– Dental Assistance Plan
Vision Service Plan
Flexible Spending Options
– Health Care Reimbursement
Account
– Dependent Care Assistance
Program
Disability Insurance
– Short-term Disability
– Long-term Disability
Life Insurance
– Basic Life Insurance
– Supplemental Life Insurance
Educational Assistance Plan
Employee Assistance Program
Voluntary Benefit Plans
• Aflac Cancer Plan
• MetLife
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Auto and Home Insurance
MetLaw
Veterinary Pet Insurance
Preferred Savings Plus
MetDesk
Long-term Care
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Catastrophic Medical Plan
The Catastrophic Medical Plan provides catastrophic level medical
and prescription drug coverage. There is no reimbursement for
medical expenses until the annual deductible has been satisfied.
The team member contribution on this Plan is less than the
contribution on the Comprehensive Plan, but the deductible is
significantly higher ($1,000 individual/$2,000 family).
This Plan will allow you to see any doctor, but your reimbursement
level drops from 90% to 70% of UCR (Usual, Customary &
Reasonable charges) if you do not use a PPO provider. There is
also no reimbursement for medical expenses over UCR amounts.
If you elect this Plan, consider taking advantage of the HCRA
program to pay for medical expenses incurred while satisfying
your deductible.
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Catastrophic Medical Plan Option
Prescription Coverage
All Prescriptions
50%
This is the percentage you have to pay for prescription medications at a participating pharmacy (up to a
$50 maximum per prescription).
–Generic Prescriptions - $10 Maximum
–Brand Prescriptions - $50 Maximum
–Specialty Prescriptions - $200 Maximum
This benefit is payable before the deductible is satisfied.
Annual Deductible
Team Member Only
$1,000
Team Member plus Spouse/DP
$2,000
Team Member plus Child(ren)
$2,000
Family
$2,000
This is the amount you must pay, in addition to your team member contribution, before your medical
coverage will begin to pay benefits
$200
This payment waived if admitted
Separate Emergency Room Deductible
Per Incident
Schedule of Payment
All Participants
Annual out-of-pocket Max
PPO
90%
PPO
Non-PPO
70%
This is the percentage that coverage will pay after you have satisfied the deductible;
you are responsible for the balance. You pay less when using a PPO provider.
Non-PPO
Team Member Only
$1,500
$2,500
Team Member plus Spouse/DP
$3,000
$5,000
Team Member plus Child(ren)
$3,000
$5,000
Family
$3,000
$5,000
This is the amount, in addition to your deductible and co-payments, that you would
pay before benefits would begin to pay 100% of Usual, Customary and Reasonable
(UCR) charges.
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Comprehensive Medical Plan
The Comprehensive Medical Plan provides comprehensive medical
and prescription drug coverage.
The team member contribution on this Plan is more than the
contribution on the Catastrophic Plan, but the deductible is
significantly lower ($300 individual/$600 family).
This Plan will allow you to see any doctor, but your reimbursement
level drops from 90% to 70% of UCR (Usual, Customary &
Reasonable charges) if you do not use a PPO provider. There is
also no reimbursement for medical expenses over UCR amounts.
Certain “Special Medical Benefits” are paid before the annual
deductible has been satisfied (see the Summary Plan Description
for a complete list). Examples of “Special Medical Benefits”
include PPO office visits, routine cancer screenings and Well Baby
Care.
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Comprehensive Medical Plan Option
Prescription Coverage
All Prescriptions
50%
This is the percentage you have to pay for prescription medications at a participating pharmacy (up to a $50
maximum per prescription).
–Generic Prescriptions - $10 Maximum
–Brand Prescriptions - $50 Maximum
–Specialty Prescriptions - $200 Maximum
This benefit is payable before the deductible is satisfied.
Special Medical Benefits
Office Visit
$20 PCP/
$40 Specialist
Routine Physical Exam
100%
Annual Deductible
PPO
Certain medical expenses, such as PPO Office visits, routine cancer screenings and Well Baby Care are paid before the
annual deductible is satisfied.
Non-PPO
Team Member Only
$300
$500
Team Member plus Spouse/DP
$600
$1,000
Team Member plus Child(ren)
$600
$1,000
Family
$600
$1,000
This is the amount you must pay, in addition to your team member contribution, before your medical
coverage will begin to pay benefits.
Separate Emergency Room Deductible
Per Incident
Schedule of Payment
All Participants
Annual out-of-pocket Max
$200
PPO
90%
PPO
This payment waived if admitted
Non-PPO
70%
The percentage of UCR expenses covered after you satisfy the deductible
Non-PPO
Team Member Only
$1,500
$2,500
Team Member plus 1
$3,000
$5,000
Family
$3,000
$5,000
This is the amount, in addition to your deductible and co-payments, that you would pay before
benefits would begin to pay 100% of Usual, Customary and Reasonable (UCR) charges.
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CareAdvocate Medical Plan
The CareAdvocate Plan requires that you only utilize Blue Cross PPO
providers and facilities. There are no benefits for out-of-network
services.
The CareAdvocate Plan Reimbursement levels is 90% Co-insurance.
The CareAdvocate Medical Plan allows you to access any PPO Primary Care
Physician (PCP) prior to satisfying your annual deductible. PCP Office visits
will be subject to a $20 office visit co-payment. PCPs are considered to be
any Family/General Practice physicians, Pediatricians, OB/GYNs, Internists
and Nurse Practitioners. You do not need to designate a specific PCP.
You can also see any PPO specialist (subject to a $300 deductible) as long
as you follow the Blue Cross CareAdvocate pre-notification process (and
receive the required pre-notification number). Please note, if you do not
follow the Blue Cross CareAdvocate pre-notification process none of
your medical expenses will be reimbursed. Pre-notification is not an
approval process; it is simply a notification that lets Blue Cross know that
you are going to seek specialty care and helps you stay within the network
of participating physicians and facilities.
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CareAdvocate Medical Plan Option
Prescription Coverage
All Prescriptions
50%
This is the percentage you have to pay for prescription medications at a participating pharmacy (up to a $50
maximum per prescription).
–Generic Prescriptions - $10 Maximum
–Brand Prescriptions - $50 Maximum
–Specialty Prescriptions - $200 Maximum
This benefit is payable before the deductible is satisfied.
Office Visit Co-payments
Primary Care Physician (PCP)
Office Visit
$20
All services provided by a Primary Care Physician are paid before the annual deductible is satisfied.
Team Member Only
$300
Annual Out of Pocket Maximum - This is the amount, in addition to your deductible and co-payments, that you would
Team Member plus Spouse/DP
$600
Team Member plus Child(ren)
$600
Family
$600
This is the amount you must pay, in addition to your team member contribution, for services provided outside
of a Primary Care Physician’s office.
PPO
Non-PPO
Annual Deductible
Schedule of Payment
All Participants
90%
pay before benefits would begin to pay 100% of Usual, Customary and Reasonable (UCR) charges.
$1,500 Team Member Only
$3,000 Team Member + 1 & Family
0%
Excluding PCP office visit co-payments and prescription expenses, this is the percentage
that coverage will pay after you have satisfied your deductible; assuming you follow the
CareAdvocate pre-notification process. There is no benefit when using a non-PPO provider.
Emergency Room Co-payment
Per Incident
$200
This extra payment waived if admitted to hospital.
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PPO Dental Plan Option
Annual Deductible
Team Member Only
$100
Team Member plus
Spouse/DP
$150
Team Member plus
Child(ren)
$150
Family
$150
This is the amount you must pay, in addition to your team member
contribution, before certain dental benefits will be paid.
Schedule of Payment
Preventative Services
100%
Routine Services
80%
Major Services
50%
Preventative services such as routine examinations, cleanings of teeth ,
X-rays, etc. are covered before the deductible is applied. You pay less
when using a PPO provider.
$1,500
This maximum resets each calendar year.
$2,000
This is a lifetime maximum per individual.
Annual Maximum
Per Individual
Orthodontia Maximum
Per Individual
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Dental Assistance Plan Option
Annual Deductible
Team Member Only
$50
Team Member plus
Spouse/DP
$100
Team Member plus
Child(ren)
$100
Family
$150
This is the amount you must pay, in addition to your team member
contribution, before certain dental benefits will be paid.
$1,000
This maximum resets each calendar year.
$1,000
This is a lifetime maximum per individual.
Annual Maximum
Per Individual
Orthodontia Maximum
Per Individual
Schedule of Payment
The amount the Plan pays for each procedure is pre-determined, regardless of the amount your dentist actually
charges. You will be responsible for the difference. You can go to any dentist, but if you visit Blue Cross PPO
dentists, you will access discounted rates and have less out-of-pocket expense. Refer to the Summary Plan
Description at benefits.fedexkinkos.com for the complete schedule of benefits.
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Vision Service Plan Option
Monthly Team Member Contributions
Schedule of Payment
There is a $10 co-payment when receiving an eye exam at a Vision Service Plan (VSP) provider, and up to a $40 copayment when visiting a non-VSP provider. Refer to the Summary Plan Description at benefits.fedexkinkos.com for
the complete schedule of benefits.
This plan covers an eye exam and lenses every twelve months and frames every twenty-four months. Contact
lenses are also available. Services are provided by the Vision Service Plan which utilizes a national network of
preferred providers. Non-network provider charges are reimbursed at scheduled rates and cannot be changed.
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Flexible Spending Account Options
Health Care Reimbursement Account (HCRA) and
Dependent Care Assistance Program (DCAP)
– You can set aside pre-tax earnings to be used for qualified
dependent care expenses and out-of-pocket health expenses
incurred within the Plan year
– This allows you to pay for items such as child care, elder care
and/or out-of-pocket health expenses with pre-tax dollars
– You can contribute up to $5,000 for dependent care expenses
and up to $5,000 for out-of-pocket health care expenses
• Estimate your contributions carefully!
• Under IRS rules, this is a “use it or lose it” plan which means any
unreimbursed funds remaining in your account at year end are
forfeited
– Contributions are made through payroll deductions
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Disability Insurance
Disability Insurance
– These important benefits are provided to you at no cost
– FedEx Kinko’s pays the entire premium for this coverage
– Provides income protection in the event of your injury or illness
Short-term Disability
– Paid at up to 60% of pay to a weekly maximum of $1,000 per week for
up to 12 weeks
– Waiting period is 7 days (ENHANCEMENT TO BENEFIT)
Long-term Disability
– Begins at the end of the short-term disability period
– Paid at up to 60% of monthly pay to a maximum benefit period based
on years of service to a maximum of $10,000 per month
Refer to the Summary Plan Description at
benefits.fedexkinkos.com for additional information
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Life Insurance
Basic Life Insurance
– This important benefit is provided to you at no cost
– FedEx Kinko’s pays the entire premium for this coverage
– Coverage is equal to 2X base salary (as of the first day of the current
month)
• $50,000 minimum coverage provided
• $300,000 maximum coverage provided
Supplemental Life Insurance
– Can elect additional coverage up to 5X base salary
• To a maximum of $500,000
– Can elect spouse supplemental life up to half of your coverage
• To a maximum of $100,000
• Coverage for domestic partners is not available
– Can elect child supplemental life
• $5,000 or $10,000 coverage amounts
• Coverage for children of domestic partners is not available
– Supplemental Life insurance may be subject to evidence of insurability
(EOI)
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Aflac - Personal Cancer Indemnity Plan
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The Personal Cancer Indemnity Plan provides additional coverage
in the event you or your eligible dependents have been diagnosed
with cancer. Aflac helps provide an important safety net in fighting
the financial consequences of cancer that result beyond traditional
health insurance. The Personal Cancer Indemnity Plan pays
benefits directly to you, unless assigned, for services such as:
Radiation and Chemotherapy
Hospital Confinement
Medical Imaging
Cancer Screening Wellness
Plus…much more
Enroll in the Personal Cancer Indemnity Plan at www.fedexkinkosaflac.com
1.866.844.8803
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MetLife - MetLaw
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Network of more than 9,000 participating plan attorneys
Covered Services
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Estate Planning Documents
Family Law
Financial Matters
Real Estate Matters
Consumer Protection
Traffic Offenses
$16.50 per month (There is no limit on how often you can use the
Legal Plan)
1.800.GET-MET8 (1.800.438.6388)
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MetLife – Auto and Home Group Insurance
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Insurance program for auto, home and other property and liability
insurance.
Free insurance reviews and quotes from licensed insurance
consultants.
Payroll deductions
Portable coverage after separation
Enroll in the program at www.metlife.com/mybenefits
1.800.GET-MET8 (1.800.438.6388)
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MetLife – Veterinary Pet Insurance
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Insurance helps pay for office calls, prescriptions, treatments, lab
fees, x-rays, surgery and hospitalization for covered medical
problems and conditions.
Claims turn around averages 1 week or less.
Coverage is available for dogs and cats from 6 weeks of age and
up with no age limit. Rates are based on age of pet and the plan
type selected.
Covers accidents and illnesses for cats, dogs, birds, ferrets,
rabbits, reptiles and other exotic pets
Can choose any licensed veterinarian, veterinary specialist and
animal hospital in the world
Variety of plan options: VPI Superior, VPI Standard, VPI Avian &
Exotic Pet Plan, Vaccination & Routine Care Coverage for dogs and
cats, Supplemental Routine Care for birds
Enroll in the program at www.metlife.com/mybenefits or
1.800.GET-MET8
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MetLife – Banking Service
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Preferred Savings Plus from MetLife Bank is currently offering
savings products, mortgages, online account services, and ATM
card products. The current set of products and services include:
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Certificates of Deposit
Money Market Account
High Yield Savings
IRAs
ATM Cards
Online Account Access
Postage Paid Deposit Envelopes
Mortgages
Enroll in the program at www.metlife.com/mybenefits or
1.800.GET-MET8
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MetLife – MetDESK
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MetDESK is a unique program that offers planning services to
families with children and other dependents with special needs.
Critical issues that are addressed during the planning process:
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How to protect government benefits for SSI and Medicaid
Ways in which a special needs trust can provide lifetime care while still preserving
government benefit eligibility
Choice of trustee, guardian, or client self-determination and advocacy training if
appropriate
Appropriate funding vehicles to fund a special needs trust including life insurance
No cost to participants
Enroll in the program at www.metlife.com/mybenefits or
1.800.GET-MET8
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Summary of Resources
Health & Welfare Benefits
– FedEx Kinko’s Benefit Service Center: 1.866.866.9050
– FedEx Kinko’s Benefits Service Center fax: 214.550.7717
– FedEx Kinko’s Benefits Online Library—
benefits.fedexkinkos.com
– FedEx Kinko’s Benefits Mailbox:
benefits.department@fedexkinkos.com
This is only a brief outline of the FedEx Kinko’s Benefits Program and is
not a contract. In the event of a conflict between this document and
the official Plan Document, the terms of the Plan Document will prevail.
For more detailed information on benefits, exclusions, and eligibility,
please refer to the FedEx Kinko’s 2008 Summary Plan Descriptions at
benefits.fedexkinkos.com.
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2008 Open Enrollment Communication Schedule
Communication Item
2008 Open Enrollment Guide
WAC/SAC Communication to Center
Managers with link to Open
Enrollment Materials
2008 Email Letter from Tracy
Date
Mailed 10/22/07
WAC 11/1 & 11/8
SAC 10/29 – 11/16
10/30/07
2008 Open Enrollment Reminders in
Weekly Field & FKSO updates
10/16/07 – 11/13/07
2008 Open Enrollment payroll stuffer
10/26/07 paycheck
2008 Open Enrollment Materials
available in Benefits Library
10/15/07
33
Other New & Exciting Programs in 2008
• Watch for Other New & Exciting Programs in 2008
– MetLife Long-term Care
• Effective 03/01/2008
• Nursing Home/Assisted Living
• Home Care
• Daily Benefit Choices of : $100/$150/$200/$250
• Payroll deduction available
• Enroll on-line
– Vacation Donation
• Part-time team members
– Part-time team member voluntary limited medical benefits through Cigna
– MetLife benefit programs available
– Effective date: TBD
34