Annual Enrollment

Lockheed Martin Corporation
Employee Service Center
P.O. Box 199731
Dallas, TX 75219-9731
Annual
Enrollment
2016
choose. use. improve.
Important Benefits Enrollment Information Inside
LMCNR2015
Welcome to the 2016 Total Rewards Guide
At Lockheed Martin, the value of your career includes more than a paycheck – it includes
comprehensive benefits that range from keeping you and your family healthy to helping you
plan your finances for your future.
To ensure you have the information needed to choose the benefits that are best for you and
your family, we’ve created the 2016 Total Rewards Guide. In addition to information about our
2016 plan updates and enrollment instructions, you’ll find helpful details about the services
and benefits offered to Lockheed Martin employees. I encourage you to take a few minutes
to review this guide before you complete your annual enrollment elections to ensure you’re
making the most of your Lockheed Martin Total Rewards package.
From comprehensive health, dental and vision coverage to flexible spending accounts, we’re
committed to helping you reach your health and wealth goals.
Patricia L. Lewis
Senior Vice President
Human Resources
PAGE 2
Table of Contents
When and How to Enroll........................................................PAGE
4
Your Benefits.................................................................................. PAGE 5-7
Healthy Actions............................................................................ PAGE 8-9
Your Information...........................................................................PAGE
10
Health Care Reform....................................................................PAGE
11
PAGE 3
When to Enroll
Annual Enrollment Waves
With 2016 Annual Enrollment about to begin, now is the time
to make sure you educate yourself on your benefit options
and how to enroll. On your wave start date, you can log on
to the Lockheed Martin Employee Service Center (LMESC)
website for more details on your specific plan options and
costs. You can enroll online or by phone.
Wave 1: Oct. 6 - 22
Active employees in all states except California, Georgia,
New Jersey and Texas
Wave 2: Oct. 13 - 29
Active employees in California, Georgia, New Jersey
and Texas
Wave 3: Oct. 27 - Nov. 12
Retirees, disability medical participants, and special
populations
Correction Period for All Employees:
Nov. 25 - Dec. 4
You will receive information on your coverage options and
costs in upcoming communications. Also, remember the
elections you make during Annual Enrollment take effect Jan.
1, 2016 and you cannot change them during the calendar
year unless you experience a qualified status change or
have an IRS-defined qualifying change in status. If you have
a qualified status change, you must report the event and
any changes to your elections to the LMESC within 30 days
following the event.
Note: You can view your current 2015 benefits under the My
Benefits section on the LMESC home page. Do not make
2016 enrollment decisions based solely on this information
because plan offerings and costs may be different.
Expatriates may enroll during any wave period.
How to Enroll Online
How to Enroll By Phone
1. During your enrollment wave, access LMESC Online
from the (external) Internet, at https://lmpeople.lmco.com.
From the Internet (external), access LM People at
https://www.lmpeople.com or www.lockheedmartin.
com>employees> and log in using your NT Username
and password.
Call the LMESC during your Annual Enrollment wave at one
of these numbers:
2. In the Pay and Benefits section, select “LM Employee
Service Center.”
Select the prompt for Annual Enrollment. Representatives
are available 8 a.m. to 8 p.m. Eastern time Monday through
Friday (except on holidays). You will need your LM People
ID and LMESC PIN. If you do not have this information,
the LMESC will reset your PIN then transfer your call to the
Lockheed Martin Service Desk for further assistance.
3. Once your wave begins, access your Annual Enrollment
from the LMESC Online home page banner and follow
the steps to make your elections.
4. Print a copy of your election summary for your records.
5. If you haven’t designated a life insurance beneficiary
online, or you would like to review your current
beneficiaries, simply select “View Beneficiary Information”
under the “My Life” tab.
PAGE 4
866-562-2363 (toll-free)
800-833-8334 (hearing impaired)
201-242-4397 (international callers)
Did You Know?
The Lockheed Martin Employee Service Center Online
features a special “Live Chat Portal” that allows you
to chat online real time with an LMESC customer
representative who can answer specific questions
about your benefits. You can also ask your question
via email by clicking on “Contact Us.”
Your Benefits
Through LM HealthWorks, medical coverage is integrated with health and wellness programs to help you feel the best you can
– at home and on the job. We provide a comprehensive suite of resources and information to make it easier for you to make
positive choices for your health, including:
• Medical, dental and vision coverage
•F
ree health coaching and condition management
• Incentives for healthy lifestyle choices
•T
eladoc 24/7 telemedicine
•T
obacco cessation support
•2
4-hour Informed Health Line (Nurseline)
•F
ree flu shots at many locations
•A
physical activity program to help you meet your personal
fitness goals
•F
ree, confidential biometric health screenings
•N
utritious food options in cafeterias
•T
rusted, online health information available 24/7
•O
n-site Wellness Centers, walking paths, fitness centers,
and weight management groups at many locations
While specific benefits will depend on your work location, the following pages detail some of the benefits that may be
offered. You can view your 2016 options by logging on to the LMESC Online (LM People > Pay and Benefits > LM
Employee Service Center) when Annual Enrollment starts for you.
Medical Coverage
Medical coverage can offer you the care you need,
help you remain healthy and provide a safety net
that guards against the high cost of health care. The LM
HealthWorks Plan covers preventive care at 100 percent,
includes prescription drug benefits and has an out-of-pocket
maximum to help protect you financially in the event of a
serious injury or illness. And, you can earn credits for your
HealthFund by completing Healthy Actions.
Coverage Tiers for You and Your Family
When you enroll in health coverage – medical, dental or
vision – you choose between four categories of coverage
based on the dependents you enroll, if any. The coverage
levels, or tiers, are:
• Employee Only
• Employee + Spouse/Same-Sex Domestic Partner
• Employee + Child(ren)
• Employee + Family
Please note that it may cost you more to use out-ofnetwork facilities. The amount the LM HealthWorks
Plan pays is based on the reasonably accepted
charges for a particular service in your specific
geographic area. You can maximize your benefits by
using in-network providers and facilities whenever
possible. For a list of in-network facilities, log in to
Aetna Navigator at www.aetna.com, and use the
DocFind feature. You can also call Member Services
at 877-458-4975.
Express Scripts Prescription
Benefit Program
Express Scripts is the prescription drug
administrator for the LM HealthWorks Plan. Take advantage
of the mail-order service for additional savings. On the
Express Scripts website you can also look up medications
and compare costs, as well as confirm the coverage levels
of your medications (www.express-scripts.com). Remember,
covered medications change periodically, so it’s a good idea
to check that your prescriptions are still covered.
Life and Accident
Lockheed Martin offers Employee Term Life, Group Universal
Life, Special Accident and Dependent Optional Term Life
insurance. Depending on the option you choose, benefit
amounts may be a multiple of your annual base pay or a
choice of coverage tiers.
Special Accident insurance is additional coverage that pays a
benefit if a covered individual dies or suffers certain losses in
an accident.
Group Universal Life insurance provides benefits above
the Employee Term Life coverage plus the chance to save
additional funds in a cash accumulation account.
The cash accumulation account is a great way to build
cash value as part of your life insurance plan. The cash
accumulation account currently pays four percent interest and
can be used in a variety of ways:
• Use it to build cash value to help pay premiums at older
ages. As you age, your premium level will increase. Help
to keep premiums level by accumulating cash value in the
account and then using it to offset premium increases in
later years.
(continued)
PAGE 5
Life and Accident (continued)
• Use cash value as a way to save for future needs such as
college tuition, weddings or home improvements. You can
borrow or withdraw funds from the account without paying
income tax, up to certain limits.
• Use it to increase the amount that you leave to your
beneficiaries. Since Group Universal Life is a life insurance
product, any cash in the fund will pass to your beneficiaries
as life insurance proceeds -- that means they will not need
to pay income tax on those proceeds.
Dental Coverage
A wide range of medical problems including
diabetes, heart disease, bronchitis and headaches
can be traced to teeth and gum disease. Prevention is
powerful, so see your dentist and keep your mouth healthy.
Vision Coverage
Vision coverage is available to help with the cost
of eye exams, prescription lenses, frames and
contact lenses for you and your covered dependents.
Flexible Spending Accounts
Did You Know?
If your spouse/same-sex domestic partner is also a
Lockheed Martin employee, you cannot be covered as
an employee AND as a dependent for any life plans
made available through the company. You may only
cover your spouse/same-sex domestic partner as a
dependent if he or she is not enrolled in any other
company life insurance plans. In addition, dependent
children can only be covered by one employee.
Disability
Disability insurance replaces a portion of your income while
you are unable to work. Lockheed Martin provides short-term
disability coverage to you automatically at no cost, subject to
eligibility requirements. You may also elect long-term disability
insurance during Annual Enrollment, subject to eligibility
requirements.
Business Travel Accident Insurance
This insurance pays a benefit if you die or are seriously
injured as a result of an accident while traveling on company
business. Lockheed Martin automatically provides Business
Travel Accident Insurance to you at no cost, subject to
eligibility requirements.
Is Your Beneficiary Information Up-to-Date?
Whether you need to assign a new beneficiary or
update an existing one, now is the perfect time to make
sure this critical information is accurate. It’s easy to do
and can be completed through the LMESC Online > My
Life > View Beneficiary Information.
Employee Assistance Program
LifeMatters, the company’s Employee Assistance Program,
can help you manage many aspects of your life. LifeMatters
offers confidential consultations for stress, relationship
issues, financial concerns and more. Visit LifeMatters at
www.mylifematters.com (password: LMC1).
PAGE 6
Flexible Spending Accounts (FSAs) are a valuable consumer
tool that help you save money on taxes. There are two types
of accounts:
• Health Care Spending Account
• Dependent Care Spending Account
Important Reminder: You must make an active
enrollment election each year if you wish to contribute
money to the flexible spending accounts. The default
contribution amount is zero if you do not make an
election.
Savings Plan
Most employees are eligible for a 401(k) Savings
Plan. Consider contributing as much as you can to
your future. Visit the Lockheed Martin Savings Plan Web Tool
at LM People > Pay and Benefits > Savings Plan.
Employee Discounts Program
Lockheed Martin employees can receive discounts on
products and services through offers from companies
participating in our Employee Discount Program. Take
advantage of discounts on computers, flowers, furniture,
vacation packages, and much more. Visit LM People >
Pay and Benefits > Employee Discounts Program.
Commuter Assistance Program
If you are commuting to work using mass transit,
this program enables you to use a pre-tax payroll deduction
to pay for eligible transit, vanpool and parking expenses
or transportation passes. To enroll, visit LM People > Pay
and Benefits > LM Employee Service Center > My Benefits >
Commuter Assistance Program. Or, you may call the LMESC
at 866-562-2363.
(continued)
Resources at Your Fingertips
For Your Benefit
Many of our benefit providers offer tools that give you
convenient and secure access to your information, as well
as resources for your care:
www.MyLMBenefits.com
Aetna/LM HealthWorks
Convenience Care: LM HealthWorks Plan members have
access to the care they need, when and where they need
it, by using one of the available Convenience Care options.
Rather than visit a costly emergency room, members can
go to an urgent care center, call the free 24-hour Nurseline,
consult with Teladoc (www.teladoc.com/aetna), go to a retail
clinic or reference iTriage online at www.itriagehealth.com to
search for doctors and facilities, and get advice on symptoms.
iTriage and Teladoc also offer mobile “apps” available for
download.
DocFind: Use this online provider directory to find in-network
providers who have agreed to charge special preferred
pricing rates for LM HealthWorks Plan members. To find
in-network providers in your area visit http://www.aetna.com/
docfind/custom/lmhealthworks/.
Cost of Care Calculator: As a member of the plan, you can
use the Aetna Cost of Care tools to get estimated average
costs for medical treatments and procedures, tests and other
services in your area. To access, log in to www.aetna.com >
Care & Treatment > Estimate Cost of Care.
Express Scripts Prescription Drug Program
Refill any time, from anywhere! Search for “Express Scripts”
in the app store or visit www.express-scripts.com.
Did You Know?
LMESC Online gives you direct access to many of our
vendor partner websites right from the homepage “Quick
Links” section. No extra password or User ID is needed.
Employees and their family members now have access to
tools and resources to support their use of company-provided
products and services ranging from benefits to discounts to
health and wellness support. In addition, some of the same
information that is available to employees is now available
to family members on their own secure website. It features
articles, videos, tools and resources to help you and your
family:
• Choose the benefits that are right for your personal situation.
• Use your benefits in ways that save you money, support
your health and leverage wealth resources.
• Improve your health and wealth with Lockheed Martin’s Total
Rewards.
Spouses/Same-Sex Domestic Partners are invited to register
for an account by accessing www.MyLMBenefits.com and
entering the code LMFYB. They will also be prompted to
enter other data to validate their association with a Lockheed
Martin employee.
Healthy Actions
Lockheed Martin is committed to employee wellness and
offers incentives for taking steps to better your health. The
LM HealthWorks Plan offers a HealthFund that employees
and spouses/same-sex domestic partners can build by
completing certain healthy actions.
If you are an LM HealthWorks Plan member, don’t forget to
take advantage of building your 2016 HealthFund before it’s
too late. Learn more about your HealthFund and the Healthy
Actions at http://lmhwplan.com/page/healthfund-actions/
heres-what-you-can-earn-2016.
Tracking Your HealthFund Balance
Keep track of your Healthy Actions and HealthFund
balance by visiting your Aetna Navigator® home page at
www.aetna.com, then click on “View Incentives” on the
blue “I want to...” menu.
PAGE 7
Healthy Actions
The Healthy Actions incentive program isn’t changing for 2016. Take a step towards living a healthier lifestyle and employees
enrolled in LM HealthWorks can earn up to $1,150; enrolled spouses/same-sex domestic partners can earn up to $750.
Non-members can earn up to $600 into your paycheck, subject to federal and state income tax. Here’s how:
YOUR 2016 HEALTHY ACTIONS
LM HealthWorks
LM HealthWorks
Employee
Members: Employee Members: Spouse/
Non-Members
Same-Sex Domestic
Partner
1.
C
omplete the Well-Being
Assessment (WBA) – Understand
your health status and risks
$100 HealthFund
Credit
$100 HealthFund
Credit
N/A
2.
G
et Active – Use the Virgin Pulse
Physical Activity Tracking Tool and
your free pedometer to track and
monitor your physical activities
Up to $600
HealthFund Credit by
Completing Levels 2,
3 and 4
Up to $200
HealthFund Credit by
Completing Levels 2
and 3
Up to $600 into
your paycheck
3.
G
et Preventive Care – Have a
routine physical exam or certain
age-appropriate screenings
$200 HealthFund
Credit
$200 HealthFund
Credit
N/A
4.
Get
Health Coaching or Help with
a Chronic Condition – Complete 3
health coaching calls or one goal (as
determined in collaboration with your
Care Manager)
$100 HealthFund
Credit
$100 HealthFund
Credit
N/A
5.
Give
Your Baby a Healthy
Start – Pregnant employees or
spouses can enroll in the Beginning
Right® Maternity Management
program in the 1st or 2nd trimester.
$150 HealthFund Credit
N/A
Well-Being Assessment has a New Look and Feel!
Beginning on Jan. 1, 2016, the Well-Being Assessment (WBA) will have a new look and feel, including fewer questions
and an easier-to-read report. It will also be easier to complete your WBA because the new format is smartphone-friendly
and can be accessed on your iPhone, iPad, or Android device. LM HealthWorks members and their spouses/same-sex
domestic partners can each earn $100 in HealthFund credits simply by logging on to www.aetna.com and clicking
“Take the WBA” on the blue “I want to….” menu on the left-hand side of the screen. Remember, you have until 11:59 PM
on Nov. 30 to take your 2015 WBA. You can continue to earn HealthFund credits for the other Healthy Actions through
midnight on Dec. 31.
PAGE 8
Healthy Actions
Wellness Centers
We offer a number of services to all employees –
regardless of health plan – to help you stay well
throughout the year.
Lockheed Martin’s Wellness Centers play an integral role in
managing employee health. There are 27 Wellness Centers
that ensure access to health care support is convenient,
confidential and free, regardless of your health plan. Wellness
Center services include:
Get Active For a Good Cause
• Acute care (colds, cough, sore throats)
There are many opportunities to commit to participating in an
event in your community that will get you out and moving for
a good cause, from the American Heart Association’s Heart
Walk to the American Cancer Society’s Relay for Life. Watch
for communications at your local site to learn more and to find
opportunities in your area.
• Blood pressure checks
Virgin Pulse Physical Activity Program
• Chronic health condition counseling
Looking for ways to be more active? Get moving with Virgin
Pulse — an interactive, web-based physical activity program
that can help you increase your daily activity. Visit
www.virginhealthmiles.com to track your activity or use the
“Virgin Pulse” app which can be found in the app store to
easily track and monitor your progress and manage all of
your fitness information in one place. The program is free
for employees and spouses/same-sex domestic partners,
regardless of whether you are an LM HealthWorks Plan
member, and eligible participants can earn up to $600 in
rewards for being physically active!
• Cholesterol screenings
• Healthy eating education
• Weight management support
• Tobacco cessation education
Flu Shots
Every fall, more than 100 Lockheed Martin sites host events
in which employees may receive a free seasonal flu shot to
stay well throughout flu season. Employees without access to
on-site flu shots may apply for a flu shot care card online, visit
their doctor or make an appointment at their nearest on-site
Wellness Center. Sign up today at LM People > Health and
Wellness.
Did You Know?
Spouses/Same-Sex Domestic Partners (SSDP)
who are enrolled in a company health plan are
automatically eligible for the Virgin Pulse Physical
Activity Program. If your spouse/spouse/same-sex
domestic partner is not enrolled in your health
plan, you can confirm eligibility by accessing the
LMESC Online, clicking on My Life > Life Changes
& Events > Physical Activity Spouse Elig and
following the instructions.
Sixty percent of our employees live within five miles
of a Lockheed Martin Wellness Center. Find out if you
have a Wellness Center near you by accessing: http://
www.lmhwplan.com/page/wellness-center-locations.
Quit For Life® Program
If you or your eligible dependent is a tobacco user,
you and/or your eligible dependents can enroll in
our free Quit for Life® tobacco cessation program. You will get
your own Quit Coach, a personalized Quit plan, medication
or tobacco cessation aids, and access to online resources
and a social support community. To get started, enroll online
at www.quitnow.net/lockheedmartin or call 877-266-6046. If
outside of the U.S. or Canada, please call 001-206-876-2187.
PAGE 9
Your Information
Availability of Summary Health Information
The Privacy of Your Health Information
Choosing health coverage is an important decision.
To help you make an informed choice, your plan makes
available a Summary of Benefits and Coverage (SBC),
which summarizes important information about health
coverage in a standard format.
Lockheed Martin is firmly committed to protecting the
confidentiality of your personal health information and
strongly supports the protection provided by the Health
Insurance Portability and Accountability Act of 1996
(HIPAA). HIPAA requires privacy rights for personal health
information, as well as protection from improper use and
disclosure. It affects how your health information can
be used by group health plans sponsored by employers
including Lockheed Martin.
The health benefits available to you represent a significant
component of your Total Rewards package. They also provide
important protection for you and your family.
Please review the HIPAA Privacy Notice, which is available
online in the LMESC Online > Library > Helpful Resources.
SBCs will be posted in the Annual Enrollment section of the LMESC Online website. A paper copy is also available,
free of charge, by calling 866-562-2363, 800-833-8334 (hearing impaired) or 201-242-4397 (international callers).
PAGE 10
Health Care Reform
The United States’ Patient Protection and Affordable Care Act (ACA) – commonly known as health care reform – was signed
into law March 23, 2010. According to the U.S. Department of Health and Human Services, the ACA is working to make
health care more affordable, accessible and of a higher quality for families, seniors, businesses and taxpayers alike.
Effective Jan. 1, 2015, employers with 50 or more full-time
employees – including Lockheed Martin – are subject to
the ACA’s employer shared responsibility provisions. These
provisions require Lockheed Martin to offer affordable health
coverage that provides a minimum level of coverage or be
subject to a penalty. Lockheed Martin plans are currently
compliant with health care reform laws and exceed the
required minimum level of coverage.
In line with these provisions, Lockheed Martin must also
adhere to information reporting responsibilities, which require
employers to send health insurance information returns
to employees and to the Internal Revenue Service (IRS).
The IRS has created new forms for this purpose, which
employees will need when completing their 2015 federal
income tax returns. Most employees will be able to elect
to receive the new form electronically through https://www.
lmpeople.com. Those who do not elect to receive their forms
electronically will receive a printed copy in the mail in early
2016.
Please note that individuals, including those with access to
affordable employer-provided health care plans like Lockheed
Martin’s, can choose to purchase insurance through Health
Insurance Marketplaces available in their area. However,
if you choose to purchase health insurance other than
from Lockheed Martin, Lockheed Martin will not make any
contribution to your premium or out-of-pocket costs. All health
care costs will be your responsibility and you should consider
all information available before making any decisions on
coverage.
For more information on healthcare reform, please visit:
Lockheed Martin website: http://www.lockheedmartin.
com/us/employees/healthcarereform.html
Government website: http://www.healthcare.gov
IRS website: http://www.irs.gov/Affordable-CareAct/Individuals-and-Families/Individual-SharedResponsibility-Provision
PAGE 11
Annual
Enrollment
2016
choose. use. improve.