Page 10 - Watkins Associated Industries, Inc - 2022 Benefits Guide
P. 10

WATKINS WELLBEING PROGRAM


        ADMINISTERED BY GILSBAR – JANUARY 1 THROUGH NOVEMBER 30

        At Watkins Associated Industries, Inc. we want employees and their spouse/domestic partner to be engaged in their jobs and communities, be active
        and engaged in their health, and ultimately achieve their highest level of wellbeing.

         Program Component                                Point Value                                 Medical Plan Wellbeing Incentive (Tier 1)

                                                                                                          MEDICAL PLAN PARTICIPANTS
                                                                                       HSA/HRA Contribution - Each participant who completes the Health Assessment
         Annual Physical or                                                             and Annual Physical (or alternative Self Help Works program) can receive $500
         1 Self Help Works Program                            50                                           HSA/HRA contribution in 2023.
                                                                                         This reward can be earned independently, meaning each employee and each
                                                                                        spouse/domestic partner on the medical plan has the opportunity to complete
                                                                                                         these activities to earn their reward.
                                                                                         Example: Employee who completes Health Assessment and Annual Physical
         Health Assessment                                    50                         (or Self Help Works) earns $500 contribution. Spouse/domestic partner who
                                                                                         completes Health Assessment and Annual Physical (or Self Help Works) earns
                                                                                                                $500 contribution.

         Program Component                                Point Value                                Medical Plan Wellbeing Incentive (Tier 2)

                                                                                                          MEDICAL PLAN PARTICIPANTS
         Earn an additional 400 wellness                                               Employee Premium Reduction – Employees who earn an additional 400 wellness
         points (for a total of 500 points)                400 points                  points (for a total of 500 points) will receive a medical premium reduction in 2023.
         from activities*                                                                Only employees are eligible to earn the premium reduction. Spouse/domestic
                                                                                             partner participation is not tied to the premium reduction incentive.
         *Visit the Incentives & Rewards tile
         in wellness center for a complete   (Health Assessment – 50, Annual Physical - 50,    Spouse/domestic partner who earn an additional 400 wellness points (for a total
         list of point earning opportunities.  PLUS 400 points for a total of 500 wellness points)  of 500 points) will receive a $125 Gift Card in 2023.
         Program Component                                Point Value                                  Non-Medical Plan Wellbeing Incentive

                                                                                                        NON-MEDICAL PLAN PARTICIPANTS
                                                                                        Each participant who completes the Health Assessment (50 points) and Annual
         Earn a total of 500 points from   100 points (Health Assessment – 50 & Annual Physical     Physical (or alternative Self Help Works program)
         activities*                             or 1 Self Help Works Program - 50)     (50 points) for a total of 100 points AND earns an additional 400 wellness points
                                         PLUS an additional 400 points (for a total of 500 points)
                                                                                        (for a total of 500 points) will receive a $125 Gift Card in 2023. Non-medical plan
                                                                                            employees and spouse/domestic partner are eligible for this reward.

         *Visit the Incentives & Rewards tile                                                      MEDICAL & NON-MEDICAL PLAN PARTICIPANTS
         in wellness center for a complete                                              Each participant who completes the Health Assessment and Annual Physical (or Self
         list of point earning opportunities.                                           Help Works) AND earns an additional 400 wellness points (for a total of 500 points)
                                                                                        will be eligible for the Grand Prize drawing for a Peloton exercise bike or equivalent.


                                          WELLBEING
  WELCOME BENEFIT BASICS       MEDICAL                  DENTAL    VISION    HSA    FSA    DISABILITY/LIFE  ADDITIONAL BENEFITS     401(k)  CONTACTS       10
                                           PROGRAM
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