Get Ready for 2020 Open Enrollment: October 14 – 27, 2019

Open Enrollment for your 2020 benefits begins October 14, 2019 and ends October 27, 2019. This is your annual opportunity to review your needs and choose the benefits that provide the best coverage and value for you and your family.

Belk’s benefits program is one way we support you. This year, we’re pleased to announce that our medical, dental and vision plan rates and coverage levels will be the same as in 2019. Premium rates and deductibles for these plans will not change for 2020.

To understand which benefits are available to you as a full-time and part-time associate, review the Benefits Available to Associates document.

Take Action

This year, you are not required to re-enroll if you would like to continue your current (2019) benefit elections. Your 2019 coverage will automatically continue in 2020.

If you would like to add, change, or remove benefit elections for 2020, you must take action to change your benefit elections during Open Enrollment. This is your annual opportunity to make any changes in your coverage unless you experience a qualifying life event.

NOTE: The only benefits that will not continue automatically are payroll contributions to your Health Savings Account (HSA) and Dependent Care Flexible Spending Account (FSA).To take advantage of these benefits in 2020, you must enroll during Open Enrollment.

As you prepare to enroll, be sure to review Your Enrollment Checklist.

Beginning October 14, log in to Workday to enroll.

Resources

The 2020 Benefits Guide provides a complete overview of your 2020 benefits.

Review your costs for coverage in 2020.

Benefitfocus Decision Tool

Take the guesswork out of choosing a medical insurance plan for 2020. Find the Benefitfocus tool in Workday beginning October 14, 2019.

What’s New for 2020

As part of our ongoing strategy to simplify our benefits program and make it easier for you to navigate, the following benefits and features are changing for 2020. Click each link below to see more details on what’s changing.

Prescription Drugs

When you enroll in a Belk medical plan, you automatically receive prescription drug benefits. Our new provider is Express Scripts. Express Scripts offers a wide network of more than 68,000 retail pharmacy locations where you can fill your short-term prescriptions, as well as a mail-order pharmacy.

To find out more about the Express Scripts plan and coverage for your specific medications, visit www.express-scripts.com/belk beginning October 14.

90-Day Supply
With Express Scripts, you have two ways to get up to a three-month supply of your maintenance medicines (those drugs you take regularly for ongoing conditions). You can conveniently fill those prescriptions either through home delivery from the Express Scripts Pharmacy or from any CVS pharmacy location. Beginning January 1, 2020, you can fill two 30-day courtesy fills at ANY participating network pharmacy. On the third fill, you must obtain a prescription for a 90-day supply and that prescription must be filled at a participating CVS retail location or through the Express Scripts Pharmacy. If filled at the wrong pharmacy or wrong day’s supply, you will be responsible for paying 100% of the prescription cost.

Specialty Medications
Accredo is an Express Scripts Specialty Pharmacy. Accredo provides medicine for patients with serious, chronic conditions like cancer and hepatitis C. Accredo offers specialized teams of pharmacists, nurses and clinicians who are specially trained on your condition.

Supplemental Health

Supplemental health coverage is available to full-time associates.

In 2020, we will continue to offer Accident, Critical Illness (also called Specified Disease), and Hospital Insurance, and the provider will be Unum.

These plans can provide a lump sum benefit if you experience a covered critical illness, accident or are confined to a hospital due to an illness or injury. These benefits are designed to supplement your medical coverage by providing an extra layer of financial protection.

If you were enrolled in any of these programs with MetLife in 2019 and would like to continue your coverage, there is no need to re-enroll during Open Enrollment; your coverage will transfer automatically to Unum.

Rates and coverage details will change for the new plans with Unum. For details, refer to 2020 Premium Rates. Premiums are paid through a payroll deduction.

For more information on these plans, visit www.enrollunum.com/belkbenefits.

Life and AD&D Insurance

In 2020, life and AD&D coverage will be provided by Unum.

Belk provides Basic Life and Accidental Death & Dismemberment (AD&D) coverage to all full-time associates at no cost to you, and you do not need to enroll.

Full-time associates have the option to purchase supplemental life insurance and/or supplemental AD&D coverage for you and/or your spouse/domestic partner. Evidence of Insurability (a medical evaluation) is not required for coverage amounts up to $500,000 during Open Enrollment, or when enrolling as a new hire or as a result of a qualifying life event, so it’s a good time to enroll.

For more information on these plans, visit www.enrollunum.com/belkbenefits.

Disability Insurance

In 2020, Short- and Long-Term Disability insurance will be provided by Unum. See Basic Short-Term and Supplemental Long-Term Disability for more information.

For more information on these plans, visit www.enrollunum.com/belkbenefits.

Paid Time Off (PTO)

Belk offers Paid Time Off (PTO) to all regular associates working at least 20 hours per week.

For the 2019 calendar year, Belk will continue the rollover provision for PTO for all associates. If you have accrued any unused PTO at the end of December 31, 2019, you can roll over up to 40 hours of accrued, unused PTO through March 31, 2020. All rollover time must be used by March 31, 2020 or it will be forfeited.

What’s Not Changing for 2020

GOOD NEWS! Rates and deductibles for medical, dental and vision insurance will not go up for 2020. All premiums and coverage for these plans will be the same as in 2019.

Medical Insurance

Medical insurance is available to full-time associates. For 2020, our medical plans will continue to be offered through BlueCross BlueShield of North Carolina (BCBS NC).

Action 
Your Medical Plan Premiums Are Staying the Same

For 2020, we are pleased to keep your premiums and coverage levels the same for all three medical plans. For complete information, review the 2020 Premium Rates.

Through BCBS NC, you have access to a broad network of providers, and you’ll continue to have three comprehensive medical plan options to choose from: Belk Premier, Belk Standard, and Belk Basic plans.

As shown in the chart below, all rates and coverage for our plans will remain the same in 2020.

2020 Medical Plan Options

 Belk PremierBelk StandardBelk Basic
HSA EligibleYesYesYes
Belk Contribution to HSA (Individual/Family)$300 / $600$500 / $1,000$300 / $600
Your costs
Preventive Doctor’s VisitIn-network: No cost to youIn-network: No cost to youIn-network: No cost to you
Individual/Family DeductibleIn-network: $1,700/$3,400
Out-of-network: $2,800/$5,600
In-network: $2,800/$5,600
Out-of-network: $5,000/$10,000
In-network: $6,450/$12,900
Out-of-network: $12,900/$25,800
Individual/Family Out-of-Pocket MaximumIn-network: $4,000/$8,000
Out-of-network: $100,000/$100,000
In-network: $5,600/$11,200
Out-of-network: $100,000/$100,000
In-network: $6,450/$12,900
Out-of-network: $100,000/$100,000
Your CoinsuranceIn-network: 20% after deductible
Out-of-network: 40% after deductible
In-network: 20% after deductible
Out-of-network: 40% after deductible
In-network: 0% after deductible
Out-of-network: 40% after deductible
Office VisitIn-network: 20% after deductible
Out-of-network: 40% after deductible
In-network: 20% after deductible
Out-of-network: 40% after deductible
In-network: 0% after deductible
Out-of-network: 40% after deductible
Emergency Room VisitIn-network: 20% after deductible
Out-of-network: 40% after deductible
In-network: 20% after deductible
Out-of-network: 40% after deductible
In-network: 0% after deductible
Out-of-network: 0% after deductible
Learn 
Benefitfocus – Available in Workday October 14, 2019

Compare total medical plan costs based on your prior medical claim history, or refer to examples for people with situations similar to yours.

Livongo Care

The Livongo for Diabetes program makes living with diabetes easier by providing you with a connected meter, unlimited strips and coaching.

Livongo for Hypertension provides a connected blood pressure monitor that sends readings to the easy-to-use app and gives you support through experienced health coaches, nutritional guidance and more.

Livongo is offered at no cost to associates and their dependents who are covered under one of Belk's medical plans and live with diabetes or hypertension. To learn more or join, visit join.livongo.com/BELK or call Livongo Member Support at 1-800-945-4355.

Health Savings Account (HSA)

Full-time associates enrolled in a Belk medical plan are eligible to contribute to a Health Savings Account (HSA). In 2020, ConnectYourCare (CYC) will continue to administer our HSA plans.

While you can begin or change contributions to an HSA at any point in the year, Open Enrollment is a great time to consider setting up a payroll deduction to build your HSA in 2020. Visit Health Savings Account (HSA) Overview for more information.

This year, Belk is continuing to invest in you by making quarterly contributions to your HSA. You’ll receive $300 annually if you elect individual coverage, or $600 annually if you elect dependent coverage, if you enroll in the Premier or Basic medical plans. In the Standard plan, you’ll continue to receive up to $500 annually for individual coverage or $1,000 annually for dependent coverage. You must be enrolled in a medical plan and actively employed by Belk at the time of distribution to receive the Belk contribution.

The IRS maximum contribution limits for 2020 are:

  • $3,550 for individual coverage
  • $7,100 for all other coverage levels

For associates who are age 55 and older, you can contribute up to an additional $1,000 each year as catch-up contributions. Keep in mind that these contribution limits include your contribution, as well as Belk’s, and any wellness incentives you earn through the Healthy Outcomes program.

If you choose to contribute to your HSA through a payroll deduction, the annual minimum contribution is $130 (regardless of your hire date), and you can change your contribution amount at any time.

Wellness

Wellness benefits are available to full-time associates enrolled in a Belk medical plan.

Earn wellness incentives through the BCBS NC Healthy Outcomes program by completing activities like taking your Well-being Assessment, getting preventive care, and participating in lifestyle coaching. Plus, tobacco cessation support will be available through the BCBS NC QuitlineNC.

Dental Insurance

Dental insurance through Delta Dental of North Carolina is available to all eligible full-time and part-time associates. You can enroll in either the Core Plan or the High Plan. Rates and plans will remain the same in 2020. For more information, see Dental Overview.

Vision Insurance

All eligible full-time and part-time associates can enroll in the vision plan through EyeMed. Rates and plans will remain the same in 2020. Visit Vision Overview for complete information.

Dependent Care Flexible Spending Account (FSA)

A Dependent Care FSA is an optional benefit available to full-time associates.

If you anticipate having dependent care expenses in 2020, you may choose to enroll in the Dependent Care FSA. Contributions are made by payroll deduction on a pre-tax basis, so you pay less in taxes for the year. You can use the Dependent Care FSA to pay for child or elder care expenses. See the Dependent Care FSA overview for more information.

Please note that unused money in a Dependent Care FSA does not carry over at the end of each year — you use it or lose it.

Action 
Be Sure to Enroll in Your Dependent Care FSA

Even if you’ve had a Dependent Care FSA in the past, if you’d like to participate in this benefit for 2020, you must enroll during Open Enrollment.

The legal plan is available to full-time associates. You can enroll in the legal plan in Workday and the premiums will be deducted from your paycheck. Rates for the legal plan will remain the same as in 2019.

Auto, Home, and Pet Insurance

Auto, home, and pet insurance will continue to be offered through MetLife. All full-time and part-time associates can enroll in auto, home, or pet insurance, and premiums for these plans will be billed directly by MetLife (rather than payroll deduction) in 2020. Visit MetLife to enroll; these plans are not enrolled through Workday.

How to Enroll

You can enroll on Workday during the Open Enrollment period from October 14 – 27, 2019. When enrollment is open, you’ll receive a task in your Workday inbox.

After Open Enrollment, you cannot change your benefit elections unless you experience a qualifying life event, such as a birth or a marriage. You have 31 days after the qualifying event to change your elections.

Action 
What if I Have a Qualifying Life Event?

If you have a qualifying life event, visit the How to Enroll page to understand what you must do to keep your benefits current.

Your Enrollment Checklist

  • Learn about your benefit options, paying special attention to the changes coming next year.
  • Think about your coverage needs, including how much health care you anticipate needing and whether your current life and disability insurance provides enough protection.
  • Make sure your dependent information is correct and all your dependents are still eligible.
  • Review your beneficiaries — It’s a good idea to review your beneficiary information (especially if your personal circumstances have changed) and take this opportunity to make updates as needed.
  • Verify your mailing address in Workday Be sure your mailing address is up to date because this is the address your benefit information and ID cards will be sent to.
  • Complete your benefits enrollment October 14 – 27, 2019. Remember that your current benefit elections will roll over from 2019 to 2020. However, you must enroll in Workday during Open Enrollment if you want to make changes to any of your current elections or make contributions to an HSA or dependent care FSA next year.
Important Reminders

Try our new tool, Benefitfocus, which takes the guesswork out of choosing a medical plan by evaluating your actual claim data and recommending the best option for you.

If you’d like to contribute to a tax-advantaged HSA or dependent care FSA in 2020, determine how much you’d like to contribute. You’ll need to enroll in these programs each year.