Page 10 - 2020 Stein Mart Benefits Guide - Weekly
P. 10
WELL-BEING PROGRAM
2020 Incentive
Associates employed prior to November 1, 2019 and who enroll in either Stein Mart medical plan for coverage
beginning January 1, 2020 are eligible to participate in the voluntary well-being incentive program. Through the
program, you could earn an annual reward of up to $1,200.
Complete a Free Health Screening Prior to November 1, 2019
Medical plan participants and covered spouses must complete a free Health Screening (blood draw) at LabCorp
before November 1, 2019 to qualify for the incentive.
Please contact LabCorp to find a local facility or schedule your appointment.
By phone: 888.522.2677
Online: www.labcorp.com
You must bring the 2020 Voucher* and a photo ID with you to the appointment. For the most accurate results,
fasting for at least 8 hours is recommended. Fasting means no food or drink with the exception of water. Please
take any medications as normal.
Review Your Results
Reviewing your results is an important step to healthy living as it can identify areas of risk so you can take action
to improve your health. Understanding the results can sometimes be confusing; we recommend downloading the
LabCorp Guide* to explain each category. If any of your values fall outside of the desired range, we encourage you
to read the tips provided, and consider scheduling an appointment with your primary care physician.
*Download voucher and LabCorp Guide here: https://employees.steinmart.com/Pages/LabCorp.aspx
Start Saving
Beginning in January of 2020, you will start receiving your incentive. If you are employed with Stein Mart and
covered under either medical plan through the entire calendar year, you will save a total of $600 for associate
completion, or $1,200 for associate and covered spouse completion. The way you receive your money depends on
your plan enrollment:
Those enrolled in the Traditional Plan will receive Those enrolled in the Health Savings Plan will
an automatic medical premium reduction on receive quarterly employer contributions into the
each paycheck. associates Health Savings Account. Deposits will
be made on January 1, April 1, July 1 and October 1.
Associate Completion - An automatic medical
premium reduction of $11.54 per check. Associate Completion - Quarterly Employer HSA
Associate and Spouse Completion - An Contributions of $150.
automatic medical premium reduction of $23.08 Associate and Spouse Completion - Quarterly
per check. Employer HSA Contribution of $300.
2021 Incentive
Please keep an eye out for future communications on what needs to be completed during 2020 in order to qualify
for the incentive in 2021.
Weekly Store and Weekly Corporate Associates 9
Department Merchandise Managers For 2020 Benefits
2020 Incentive
Associates employed prior to November 1, 2019 and who enroll in either Stein Mart medical plan for coverage
beginning January 1, 2020 are eligible to participate in the voluntary well-being incentive program. Through the
program, you could earn an annual reward of up to $1,200.
Complete a Free Health Screening Prior to November 1, 2019
Medical plan participants and covered spouses must complete a free Health Screening (blood draw) at LabCorp
before November 1, 2019 to qualify for the incentive.
Please contact LabCorp to find a local facility or schedule your appointment.
By phone: 888.522.2677
Online: www.labcorp.com
You must bring the 2020 Voucher* and a photo ID with you to the appointment. For the most accurate results,
fasting for at least 8 hours is recommended. Fasting means no food or drink with the exception of water. Please
take any medications as normal.
Review Your Results
Reviewing your results is an important step to healthy living as it can identify areas of risk so you can take action
to improve your health. Understanding the results can sometimes be confusing; we recommend downloading the
LabCorp Guide* to explain each category. If any of your values fall outside of the desired range, we encourage you
to read the tips provided, and consider scheduling an appointment with your primary care physician.
*Download voucher and LabCorp Guide here: https://employees.steinmart.com/Pages/LabCorp.aspx
Start Saving
Beginning in January of 2020, you will start receiving your incentive. If you are employed with Stein Mart and
covered under either medical plan through the entire calendar year, you will save a total of $600 for associate
completion, or $1,200 for associate and covered spouse completion. The way you receive your money depends on
your plan enrollment:
Those enrolled in the Traditional Plan will receive Those enrolled in the Health Savings Plan will
an automatic medical premium reduction on receive quarterly employer contributions into the
each paycheck. associates Health Savings Account. Deposits will
be made on January 1, April 1, July 1 and October 1.
Associate Completion - An automatic medical
premium reduction of $11.54 per check. Associate Completion - Quarterly Employer HSA
Associate and Spouse Completion - An Contributions of $150.
automatic medical premium reduction of $23.08 Associate and Spouse Completion - Quarterly
per check. Employer HSA Contribution of $300.
2021 Incentive
Please keep an eye out for future communications on what needs to be completed during 2020 in order to qualify
for the incentive in 2021.
Weekly Store and Weekly Corporate Associates 9
Department Merchandise Managers For 2020 Benefits
