Enrolling in Benefits It is important that you make your benefit elections within your first 31 days of employment. If you don't enroll within 31 days of your hire date, you will be defaulted into certain benefits. See page 2 for details. Chemours provides options, you make choices 2 Ways to Enroll Call The Chemours Benefits Service Center at (844) 215-5096 or visit us online at MyChemoursBenefits.com. Monday - Friday 8:00 a.m. - 8:00 p.m. EST 2017 Benefits At a Glance U.S. Benefits Eligible Employees At Chemours our chemistry is evolving and constantly transforming. As we continue to turn the ordinary into extraordinary, the Chemours benefits program is designed to help you live healthy with affordable high-quality healthcare benefits. A key element of our future is a benefits program that provides Chemours employees and their families with affordable, high- quality healthcare. This Benefits At a Glance provides an overview of the benefit options available to you in 2017, please take a few moments to review it. At Chemours our goal is to empower our employees to accept personal responsibility for their health, happiness and career. We are focused on helping you continually improve your health and well-being and we are committed to providing valuable financial support to help pay for the benefits that we offer you. Some benefits are provided at no cost to you, some are shared between Chemours and you and some you pay for entirely. Our benefit programs give you flexibility and choices in the areas that matter most – health, families and finances. Chemours provides options, you make the choices. We suggest you carefully review the benefit options available to you and evaluate your needs before you make your elections for 2017. Chemours benefits give you: Choice - your benefit options include medical, prescription, dental, vision and life insurance Personal Assistance - Speak with knowledgeable benefits representatives who are available by phone to answer your questions and help you with your enrollment. Call (844) 215-5096. A Personal Health Advocate - Health Advocate is a service provided by Chemours at no cost to you. With Health Advocate you have confidential, unlimited 24/7 access to a Personal Health Advocate who can help you make decisions, such as how much coverage you need, what plans will support your best health and how you can minimize your healthcare expenses. Health Advocate is available to you, your spouse or domestic partner, dependent children, parents and parents-in-law. Call (866) 695-8622 or visit online at HealthAdvocate. com/members. For additional information resources that can help you to make the right healthcare decisions for yourself and your family visit our benefits portal online at ChemoursBenefits.com.
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Enrolling in Benefits
It is important that you make your benefit elections within your first 31 days of employment. If you don't enroll within 31 days of your hire date, you will be defaulted into certain benefits. See page 2 for details.
Chemours provides options, you make choices
2 Ways to Enroll
Call The Chemours Benefits Service Center at (844) 215-5096 or visit us online at MyChemoursBenefits.com.
Monday - Friday 8:00 a.m. - 8:00 p.m. EST
2017 Benefits At a GlanceU.S. Benefits Eligible Employees
At Chemours our chemistry is evolving and constantly transforming. As we continue to turn the ordinary into extraordinary, the Chemours benefits program is designed to help you live healthy with affordable high-quality healthcare benefits. A key element of our future is a benefits program that provides Chemours employees and their families with affordable, high-quality healthcare. This Benefits At a Glance provides an overview of the benefit options available to you in 2017, please take a few moments to review it.
At Chemours our goal is to empower our employees to accept personal responsibility for their health, happiness and career. We are focused on helping you continually improve your health and well-being and we are committed to providing valuable financial support to help pay for the benefits that we offer you. Some benefits are provided at no cost to you, some are shared between Chemours and you and some you pay for entirely. Our benefit programs give you flexibility and choices in the areas that matter most – health, families and finances. Chemours provides options, you make the choices.
We suggest you carefully review the benefit options available to you and evaluate your needs before you make your elections for 2017.
Chemours benefits give you:Choice - your benefit options include medical, prescription, dental, vision and life insurance
Personal Assistance - Speak with knowledgeable benefits representatives who are available by phone to answer your questions and help you with your enrollment. Call (844) 215-5096.
A Personal Health Advocate - Health Advocate is a service provided by Chemours at no cost to you. With Health Advocate you have confidential, unlimited 24/7 access to a Personal Health Advocate who can help you make decisions, such as how much coverage you need, what plans will support your best health and how you can minimize your healthcare expenses. Health Advocate is available to you, your spouse or domestic partner, dependent children, parents and parents-in-law. Call (866) 695-8622 or visit online at HealthAdvocate.com/members.
For additional information resources that can help you to make the right healthcare decisions for yourself and your family visit our benefits portal online at ChemoursBenefits.com.
General Enrollment InformationNew Hire Eligibility – You are eligible for the Chemours employee health and welfare insurance benefits if you are:- A regular full-service employee of The Chemours Company U.S. region; or
- A regular full-service employee of a participating subsidiary or joint venture of The Chemours Company.
Full service-employees are designated by The Chemours Company and regularly work at least twenty (20) hours per week.
Enrolling in Benefits – You will receive information shortly after your hire date with instructions on how to enroll in your benefits through The Chemours Benefits Service Center by phone (844) 215-5096 or online at MyChemoursBenefits.com. It is importanat that you make your benefit elections within your first 31 days of employment. If you do not enroll within 31 days of your hire date, you will be defaulted into medical, dental and basic life insurance for employee coverage only and for all other benefits you will need to wait until next Annual Benefits Open Enrollment to make your elections, unless you experience a qualified life event such as marriage or birth of a child. For 2017, benefit options for eligible Chemours employees include:
• Medical Insurance
• Prescription Insurance (included with medical)
• Dental Insurance
• Vision Insurance
• Health Savings Account (HSA), you must enroll in a Chemours medical plan to open an HSA
• Flexible Spending Account (FSA): i) Limited Purpose Healthcare FSA (for dental and vision expenses only)ii) Dependent Care FSA
• Voluntary Life Insurance: i) Employee Life Insurance ii) Spouse Life Insurance ii) Child Life Insurance
• Other benefits you may be eligible for such as Short-Term Disability Leave, Tuition Reimbursement, Adoption Assistance, Parental Leave,
Enroll – make the most of your benefits for 2017 – don’t elect more coverage than you need or overlook benefits that offer you cost saving opportunities.
The Chemours Benefits Service Center – The Chemours Benefits Service Center offers telephone and online access to Benefits Representatives who can help you with your enrollment.
Dependent & Beneficiary Information – there’s no better time than when you start a new job and enroll in benefits to make sure that your dependent and beneficiary information is up to date.
Benefits Confirmation – when you have completed your 2017 benefit elections online or by telephone a benefits confirmation statement will be mailed to your home address. You can also visit MyChemoursBenefits.com to print a copy of your 2017 benefit confirmation statements for your records.
Your Enrollment ChecklistUnderstand your benefit options for 2017 – we encourage you to take the time to review the enrollment materials made available to you so that as you consider your healthcare and financial needs, you can make the best decisions for yourself and your family. All enrollment materials can be found at ChemoursBenefits.com.
Consider your coverage needs. Don’t select more coverage than you need or overlook benefits that provide you with cost saving opportunities.
Compare your medical options. The two 2017 medical options, Choice Plan and the Choice Plus Plan, work similarly, but there are some differences – you can either pay more in premiums (pay more out of each paycheck) and less when you get healthcare services (lower deductibles and out-of-pocket maximums apply) or you can pay less in premiums and pay more when you get healthcare services (higher deductibles and higher out-of-pocket expenses).
Complete the Healthy Incentive Premium credit requirements. Complete the annual Healthy Incentive Premium credit requirements administered by Interactive Health, at myinteractivehealth.com within ninety (90) days of your date of hire. You can also register by phone at (855) 271-5132. This will reduce your 2017 medical premiums by $40 per month. If you are a tobacco user and wish to avoid the monthly surcharge you must enroll in a tobacco cessation program within ninety (90) days of your date of hire. For details, contact Interactive Health at (800) 840-6100.
Have your dependent information ready. If you are enrolling dependents for the first time, you will need to provide proof that your dependent is eligible for coverage, for example, a birth certificate for a child or a marriage certificate for a spouse.
Review your beneficiaries. Confirm your life insurance beneficiary information online at MyChemoursBenefits.com or call (844) 215-5096 to speak with a Chemours Benefits Service Center Representative. Confirm your HSA beneficiaries online at healthaccounts.bankofamerica.com.
Two ways to enroll are:
The Chemours Benefits Service Center (844) 215-5096 Monday – Friday 8:00 a.m. – 8:00 p.m. EST
Log OnLog onto MyChemoursBenefits.com with your cPass or enter your username and password.
Call InSpeak with a Chemours Benefits Service Center representative by calling (844) 215-5096. Our Benefits Service Center representatives are available to answer your questions, provide you with information about your benefit options, and take your enrollment over the phone.
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1Enrolling in Benefits
If you don't enroll within 31 days of your hire date, you will be defaulted into the following coverages.
Medical: Choice Plan, employee-only coverage (premiums apply); no Company contribution to the HSA (until you certify HSA eligibilty, contribution is prorated based on your date of hire)
100% paid; reasonable and customary (R&C) as applicable; no deductible
100% paid; no deductible
100% paid; reasonable and customary (R&C) as applicable; no deductible
Annual deductible
(applies to both medical and prescription drug expenses combined)
$2,500 Individual $5,000 Other coverage levels
$3,500 Individual $6,000 Other coverage levels
$1,300 Individual $2,600 Other coverage levels
$2,500 Individual $4,000 Other coverage levels
Chemours HSA contribution
$600 Individual $1,200 Other coverage levels
$600 Individual $1,200 Other coverage levels
Coinsurance for medical services Office visits (includes mental health visits)
Chiropractic care ($1,000 annual limit) Labs/X–Rays Hospitalization/Surgery
You pay 20% after deductible
You pay 40% after deductible
You pay 20% after deductible
You pay 40% after deductible
Prescription Drugs
Generic No charge after deductible No charge after deductible
Preferred Brand You pay 20% after deductible; $125 max. You pay 20% after deductible; $125 max.
Non–Preferred Brand You pay 40% after deductible; $250 max. You pay 40% after deductible; $250 max.
Retail maintenance (after 2 fills at retail) You pay 40% after deductible; no max. You pay 40% after deductible; no max.
Out–of–Pocket Maximum
(applies to both medical and prescription drug expenses combined)
You only $6,000 $15,000 $5,000 $15,000
Other coverage levels
(combined family out–of–pocket max.)
$12,000 (limited to $6,000 for any one family member)
$30,000$10,000 (limited to $5,000 for any one family member)
$30,000
Medical Plan Monthly Premiums
(the amount deducted from your pay depends on your pay frequency)
Coverage Levels
NOTE: Medical rates do not reflect the $50 tobacco user surcharge
Without $40 Monthly Healthy Incentive Premium Credit
With $40 Monthly Healthy Incentive Premium Credit
Without $40 Monthly Healthy Incentive Premium Credit
With $40 Monthly Healthy Incentive Premium Credit
You Only $65.76 $25.76 $102.57 $62.57
You + Spouse/Partner $153.05 $113.05 $238.67 $198.67
You + Child(ren) $139.86 $99.86 $218.12 $178.12
* "Never lose it" refers solely to the portability of the account. Investing involves risk, including possible loss of the principal value invested.
Health Savings Account Make a smart investment in a Health Savings Account (HSA) – Save it. Use it. Never lose it.*
When you enroll in a Chemours medical plan, you become eligible for a Health Savings Account.
When you open an HSA, it is your personal savings account, the money stays with you for the rest of your life, and you can use the HSA Visa debit card that comes with your account to pay for qualified Healthcare expenses, such as doctors’ office visits and annual physicals, deductibles and coinsurance.
An HSA offers the “triple tax advantage”: pretax contributions, tax–free gains on any money your HSA savings earn and tax–free withdrawals when you use the money for qualified medical expenses.
After you verify your eligibility when you enroll in an HSA, Chemours will make deposits to your HSA up to $600 if you cover yourself, or up to $1,200 for other coverage levels. The company HSA deposit will be prorated based on your date of hire. You too can contribute to your HSA up to the 2017 IRS limit by way of payroll deductions – up to $3,400 for individual coverage and up to $6,750 for family coverage. The IRS HSA Contribution Limits include your contributions and company contributions. HSA catch–up contributions for those who are age 55 or older is $1,000.
You can use the money in your HSA for eligible healthcare expenses as they occur or you can choose to save the money in your HSA for future eligible healthcare expenses, such as when you retire. Remember any unused HSA funds roll over year after year. Keep in mind that you can change your HSA contribution amount at any time during the plan year and you can also start and stop your HSA contributions at any time during the plan year.
Flexible Spending AccountsFlexible Spending Accounts allow you to pay for certain out–of–pocket expenses with pre–tax dollars. You choose the amount that you want deducted from each paycheck.
Eligible Limited Purpose Health Care FSA expenses include:
Prescribed dental and vision products
Non–cosmetic dental care, orthodontia, eyeglasses, contact lenses and laser eye surgery
Co–payments, coinsurance, and deductibles under dental and vision plans
Special Eligibility Rules Apply to the HSA
If you are covered in 2017 by another health plan that does not qualify as a high-deductible health plan or by Medicare, the IRS requires that you decline enrollment in an HSA.
Limited Purpose Health Care Flexible Spending Account (FSA) The Limited Purpose Healthcare FSA can only be used for eligible dental and vision expenses. The IRS 2017 annual contribution limit for a Limited Purpose FSA is $2,600. If you are enrolled in a Chemours high–deductible medical plan, you cannot use your Limited Purpose Healthcare FSA for medical expenses. Remember to plan carefully – the Limited Purpose Healthcare FSA is a “use it or lose it” benefit.
Dependent Care FSA A Dependent Care FSA allows you to set aside pre–tax money to pay for eligible day care expenses for your dependent child under the age of age 13 or for a spouse/dependent age 13 or older who is not able to take care of him/herself. These day care expenses must be incurred because you have to work and are not available to care for your dependent child yourself. The Dependent Care contribution maximum for 2017 is $5,000.
For more information about the HSA or FSA visit MyChemoursBenefits.com or bankofamerica.com/benefitslogin.
Commuter FSAA Commuter FSA allows you to set aside pre–tax money to pay for eligible commuter expenses. Chemours offers a Commuter FSA administered by Discovery Benefits - you can save money on your commuting costs by having funds deducted from your paycheck pre-tax. You will receive a Visa debit card from Discovery that you can use pre-tax dollars (subject to monthly limits) to pay for your commuting expenses via your Commuter FSA debit card. The IRS maximums for 2017 are $255 per month for mass transit and $255 per month for parking. You can enroll in the Commuter FSA or make changes to your Commuter FSA payroll deductions at any time during the year.
Chemours offers medical insurance coverage administered by Aetna or Highmark through two plans: Choice Plan or Choice Plus Plan. Your carrier and network will depend on your home ZIP code.
Prescription Insurance CoverageIf you elect Chemours medical plan coverage, you will be automatically enrolled in Prescription coverage administered by Express Scripts Inc. (ESI) and Specialty Prescription coverage administered by Accredo. Keep in mind that the cost of your prescription coverage is included in your medical premium. In an effort to provide you with affordable medication, Express Scripts provides prescription medication options based on a Preferred Drug List (Formulary).
Teladoc Anytime you need a doctor’s expert help, Teladoc is included as part of your medical coverage. Through Teladoc, you have access to board-certified doctors by phone or by video in minutes and can get prescriptions if medically necessary. At $40 per consultation, Teladoc costs are much lower than the cost of urgent care or emergency room visits, and the charge is applied to your medical plan deductible. Once you meet your medical deductible, a Teladoc “visit” costs only $8.
Sign up today! Call Teladoc at (800) 835-2362 or visit Teladoc.com/Chemours
WellnessChemours provides employees with access to wellness programs to help you make healthy lifestyle choices, including free annual onsite biometric screening, online Health Assessments and Tobacco Cessation programs. These programs offer you opportunities to take healthy actions and to lower your healthcare costs.
Healthy Incentive Credit Earn up to $40 monthly off your 2017 medical premium when you complete an online Health
Assessment and complete a health screening within ninety (90) days of your date of hire. For more Information and to sign up, call Interactive Health at (855) 271-5132.
Tobacco Free for Life A $50 monthly surcharge will be added to your 2017 medical premium if you are a tobacco user.
To avoid the monthly surcharge new hires who are tobacco users must enroll in a tobacco cessation and health coaching program within ninety (90) days of your date of hire. For details on the "Tobacco Free for Life" program and to enroll, call Interactive Health at (800) 840-6100.
Mental Health Benefits , Chemical Dependency Coverage and the Employee Assistance Program (EAP)The Employee Assistance Program provides assessment, evaluation and referral for behavioral health and chemical dependency treatment for you and your covered dependents.
Other Medical Plan Information
Teladoc
Teladoc is included as part of your medical insurance coverage at no cost to you.
Sign up! Call Teladoc at (800) 835-2362 or visit Teladoc.com/Chemours.
ESI Prescription Coverage
For more information call (855) 853-4656 to speak with an Express Scripts Pharmacy Benefit Representative or access information online at express-scripts.com.
For information about specialty prescription medication, contact Accredo at (877) 895-9697.
When you call ComPsych, the EAP administrator, you will speak confidentially with an EAP consultant. The EAP consultant will assess your situation and if necessary, refer you to an EAP network provider who will meet your needs. Six (6) free EAP counseling sessions apply to each unique situation that is assessed by the EAP as a short-term counseling need.
If additional care is needed beyond the six (6) free EAP sessions, you may be eligible to continue treatment under the Chemours medical plan. Your medical plan coverage also includes mental health and chemical dependency benefits coverage.
Out–of–pocket maximum example
If you’re a family of four in the Choice Plus Plan option, you can collectively reach your out–of–pocket limit with expenses that total $10,000, or any one family member can reach a $5,000 limit.
If you or one of your dependents is in an active course of treatment you do not need to contact the EAP, simply contact Aetna (800) 417-2386 or Highmark (866) 730-8592 to find out if your current doctor or provider is in the network.
If you need help to find a new doctor or provider, after you get a list of providers from Aetna or Highmark, contact Health Advocate at (866) 695-8622 for help to find the provider that's right for you.
DeductiblesYour deductible is based on your coverage level. Employees with “You only” coverage have a lower deductible than employees who elect to cover eligible family members on their plan.
If you cover a spouse and/or children, the “other coverage” deductible applies and all family members’ claims go towards meeting the deductible.
Out–of–pocket Maximums You’ll have two types of financial protection if you or your dependents expect high medical plan claims next year—an in–network out–of–pocket maximum and an out–of–network out–of–pocket maximum.
The most you will pay out–of–pocket for all of your in–network covered medical, mental health, chemical dependency, and prescription drug expenses for your family will be:
Choice Plan In–network: $12,000, limited to $6,000 for any one family member.
Out–of–network: $15,000 individual and $30,000 other coverage levels
Choice Plus Plan In-network: $10,000, limited to $5,000 for any one family member
Out-of-network: $15,000 individual and $30,000 other coverage levels
How the Prescription Medication Deductible WorksPrescription medication expenses are subject to your annual medical plan deductible. This means that you will need to pay the full cost of your prescription medication at the negotiated discounted rate until you reach your annual medical plan deductible.
Remember, if you are eligible to participate in the HSA you can use the company contribution deposited into your HSA to help pay for your prescription medication expenses. For 2017, company HSA contributions are prorated based on your date of hire, up to $600 for individual or up to $1,200 for other coverage levels (subject to HSA eligibility rules.)
Your medical plan deductible does not apply to the cost of your preventive care prescription drugs. Although no deductible applies to preventive medications, you will still be responsible for coinsurance for brand–name preventive medication. Preventive generic medication is provided at no cost to you.
ID CardsMedical: If you enroll in a Chemours medical plan a new medical insurance ID card will be mailed to your home address. If you need to get healthcare services and you have not yet received your medical ID card, you can print a temporary card by accessing aetna.com or highmarkbcbsde.com.
Health Savings Account: If you enroll in the HSA you will receive a welcome packet from Bank of America and a Visa Debit card that you can use for eligible healthcare expenses for 2017.
Flexible Spending Account: If you enroll in the Limited Purpose Healthcare FSA you will receive a Visa debit card from Bank of America that you can use to make eligible dental and vision expenses (the Limited Purpose Healthcare FSA cannot be used to pay for medical expenses).
Dental: If you enroll in the dental plan you will receive a MetLife Dental ID card.
Highlights
We Can Help... Do you have general benefits or enrollment questions? Call The Chemours Benefits Service Center at (844) 215-5096.
Need more information and details about your Chemours Benefits? Visit MyChemoursBenefits.com
Need help to clarify your benefit options? Call Health Advocate (866) 695-8622
Need help balancing work-life issues? The EAP can help - Get confidential and free counseling services. Call ComPysch (866) 974-7366.
Teladoc resource connects you with a doctor—without the waiting room. At $40 per consultation, Teladoc costs less than an urgent care or ER visit. Call (800) 835-2362.
Annual deductible Applies to basic and major services
$50 per individual to a maximum of two deductibles per family in a calendar year
Preventive services – covered 100%
2 regular cleanings per calendar year
Dental X–rays: Bitewing X–rays—One time per year; Whole mouth X–rays—One time every 60 months
You pay reasonable and customary
Basic services – covered 80%
Includes simple extractions, bridges repair, crowns, fillings, general anesthesia, and other covered dental services
Benefit frequency and limits apply
You pay approximately 20%
Major services – covered 50%
Includes dentures, crowns, inlays, onlays, implants, bridges
Benefit frequency and limits apply
You pay approximately 50%
Orthodontia services – covered 50%
Coverage for children and adults
You pay 50%
Annual benefit limit $1,500 per covered individual
Lifetime orthodontic limit $1,500 per covered individual, regardless of age
Monthly Premium
You Only $10.00
You + Spouse $20.00
You + Child(ren) $22.50
You + Family $32.50
2017 Dental PlanThe Chemours Dental Plan administered by MetLife ,offers affordable premiums and an extensive network of dentists that allow you flexibility to choose any licensed dentist for your dental healthcare needs.
Vision PlanA vision plan with comprehensive coverage is offered through Vision Benefits of America (VBA). To receive the highest level of coverage, you can choose a provider from the nationwide VBA network of more than 14,000 vision care providers. You can use VBA or non-VBA providers, however VBA providers offer the best convenience, quality and value.
2017 Vision Plan Monthly Premiums
You Only $8.46 You + Spouse $14.68 You + Child(ren) $14.68 You + Family $21.78
Vision Care Service VBA Provider Non-VBA Provider Non-VBA Provider if No VBA Provider Within 35-Mile Radius
Eye exam (every 12 months)
Plan pays 100% Plan pays up to $40 Plan pays 100%
Eyeglass lenses and/or frames
(one time per year)—includes polycarbonate lenses, scratch- resistant coatings, solid and gradient tints, blended bifocals, progressive lenses (except digital), UV coatings, and trifocal, lenticular
Plan pays 100% after $20 copay (the $20 co-pay applies to lenses or frames but not both; the frames are covered with a wholesale value of up to $60 (approximately $150-$180 retail)
Plan pays
Single vision: up to $40
Bifocal: up to $50
Trifocal: up to $75
Progressive: up to $75
Lenticular: up to $100
Frames: up to $50
Plan pays 100% after $20 copay per person for the materials
Frames will be reimbursed up to $130
Additional Lens Options such as: 1 Yr. Scratch, UV Coatings, Polycarbonate Lenses, Progressives (except Digital) and Tints will be reimbursed in full
Cosmetic contact lenses
(in lieu of glasses, including exam)
Plan pays up to $175 allowance toward the total cost
Plan pays up to $175 allowance toward the total cost
Plan pays up to $175 allowance toward the total cost
VBA-approved, medically necessary contact lenses
(in lieu of glasses, including exam)
Plan pays 100% of R&C Plan pays up to $300 100% R&C
Monthly Premiums1
You Only You + Spouse You + Child(ren) You + Family
$8.46 $14.68 $14.68 $21.78
1 Premiums shown are on a monthly basis. The amount deducted from your pay may vary depending on your pay frequency.
Life InsuranceChemours offers options to help you protect your family in the event something happens to you. Aetna is the carrier for Life and AD&D Insurance. Chemours provides a basic, Life and AD&D insurance benefit of one (1) times your base salary at no cost to you. You don't pay anything for this coverage and you don't have to enroll to receive this benefit. The company-paid life insurance coverage for you that is greater than $50,000 is subject to imputed income taxes. You can supplement your coverage by purchasing additional Life and AD&D insurance coverage to meet your needs.
When you enroll in your benefits, the following life insurance options are available:
- Purchase more coverage: You can buy additional life insurance coverage for yourself on an after-tax basis, subject to evidence of insurability (EOI), up to 8 times your base pay; or
- Reduce your coverage: You can purchase coverage equal to $50,000 and receive Employee Life Insurance Cash (ELI) in your paycheck, also referred to as ELI credit. This credit is taxable earnings.
You can supplement your coverage by purchasing additional Life & AD&D coverage to meet your needs.
Occupational Accidental Death Benefit (OADB)The company provides a death benefit equal to three times your annual pay in the event your death is caused by accidental means in the course of your employment by the company. There is no cost to you for this coverage.
Child Life InsuranceYou can elect dependent life insurance for your eligible children in these amounts: $5,000, $10,000, or $20,000 per child. The coverage amount you select covers each of your eligible children for that amount—regardless of the number of children you have.
There is no waiting period for newborn life insurance. Your child is covered from live birth. Additionally, dual Chemours couples may both cover children up to a maximum of $40,000 (up to $20,000 of coverage per child is available to each employee).
Child Life Insurance Rates Monthly premiums per $1,000 of coverage
Child(ren) $0.031
Accidental Death Insurance Rates
Coverage For: Option A Option B Option C Option D
You only $8.50 $4.25 $1.70 $0.85
You + Spouse $13.60 $6.80 $2.55 $1.28
You + Child(ren) $11.70 $5.85 $2.50 $1.17
You + Family $16.80 $8.40 $3.35 $1.60
Coverage For: Option A Option B Option C Option D
You only $500,000 $250,000 $100,000 $50,000
You/Your spouse $500,000 $300,000
$250,000 $150,000
$100,000 $50,000
$50,000 $25,000
You/each eligible child $500,000 $100,000
$250,000 $50,000
$100,000 $25,000
$50,000 $10,000
You/your spouse/each eligible child
$500,000 $300,000 $100,000
$250,000 $150,000 $50,000
$100,000 $50,000 $25,000
$50,000 $25,000 $10,000
Accidental Death InsuranceChemours helps you protect yourself and your family from the financial hardships a serious accident can cause and provides you with accidental death insurance coverage equal to 1 x your annual pay, at no cost to you. This coverage pays a benefit to your beneficiaries if you die in an accident or if you are permanently injured in an accident, a percentage of the benefit is payable for specific losses, such as a limb or eyesight.
You can have the option to purchase additional AD&D insurance coverage for yourself, your spouse and/or eligible children.
Accidental Death Insurance Rates
Coverage For: Option A Option B Option C Option D
You only $8.50 $4.25 $1.70 $0.85
You + Spouse $13.60 $6.80 $2.55 $1.28
You + Child(ren) $11.70 $5.85 $2.50 $1.17
You + Family $16.80 $8.40 $3.35 $1.60
Coverage For: Option A Option B Option C Option D
You only $500,000 $250,000 $100,000 $50,000
You/Your spouse $500,000 $300,000
$250,000 $150,000
$100,000 $50,000
$50,000 $25,000
You/each eligible child $500,000 $100,000
$250,000 $50,000
$100,000 $25,000
$50,000 $10,000
You/your spouse/each eligible child
$500,000 $300,000 $100,000
$250,000 $150,000 $50,000
$100,000 $50,000 $25,000
$50,000 $25,000 $10,000
Retirement Savings Plan (RSP)The Chemours Retirement Savings Plan is a great benefit offered by the company to help you save for the future. The RSP is a 401(k) Plan that allows eligible employees to contribute a percentage of their eligible pay towards retirement.
You can make changes to your 401(k) contribution rates at any time. When you're enrolled in the plan, you can receive a 100% Company match on your 401(k) contributions, up to 6% of your eligible pay. Plan participants may contribute any percent up to 90% of eligible pay, subject to annual IRS maximum contribution limits. The Company 401(k) match is 100% vested immediately as of your eligibility date into the plan. You will receive a welcome packet of information from Bank of America Merrill Lynch that includes how to enroll and your choice of investment options.
To help you save for a financially secure retirement, if you do not enroll in the Chemours 401(k) plan within 60 days after your date of hire, you are automatically enrolled in the plan at a contribution rate of 6% of your eligible pay.
Short-Term Disability (STD)While you are expected to be at work when scheduled, we know there may be times when you may not be able to work due to illness or injury. Our Short-Term Disability program covers sick time and will cover 100% of regular pay during weeks 1 through 8. This STD benefit reduces to 70% of regular pay during weeks 9 through 26.
Long-Term Disability (LTD)Chemours provides Long-Term Disability insurance coverage at no cost to you. The LTD insurance benefit is administered by Aetna and covers you in the event that your disability lasts longer than twenty-six (26) weeks (182 days). This benefit provides 60% of your monthly pre-disability earnings, subject to maximum monthly benefit under this plan.) Any monthly benefit payable to you by Aetna will be reduced by other Income benefits.
Adoption Assistance Chemours Adoption Assistance reimbursement program provides up to $5,000 per adoption to help pay for qualified expenses related to the adoption of a child, including attorney fees, court costs and adoption fees.
Parental LeaveThe Parental Leave benefit provides up to two weeks (80 hours) of paid time off to allow all mothers and fathers time to bond with their newborn or newly placed child within the first year of the birth or placement of the child. This time can be taken all at once or in increments, with manager approval. This parental leave is separate from disability leave. Birth mothers can take parental leave after disability leave ends.
Tuition ReimbursementChemours Tuition Reimbursement Policy supports continuing education that can be applied to your current role or reasonably likely future role with the company. Employees participating in this program must successfully complete the course in order to receive reimbursement. Expenses are covered up to a maximum of $7,500 per calendar year.
Vacation TimeChemours recognizes the importance of time-off. Vacation Time-Off is administered on a calendar-year basis. You will accrue a consistent number of vacation hours each month based on the years of service you will have in the current year. Additionally, during Annual Benefits Open Enrollment, employees are eligible to purchase up to the number of hours in their normal workweek or forty (40) hours, whichever is less, through the Chemours Beneflex Vacation Buying Plan.
The Company's schedule of designated and personal holidays differ across company locations. Please check with your manager or HR Department for details. Employees earn 15 days of vacation during the first 5 years of employment. Beginning in the sixth year of service, employees will earn one additional day of vacation each year until they reach 25 days of vacation in year 15.
2017 Purchased VacationDon’t forget that if you wish to you can purchase additional vacation hours as part of New Hire Enrollment.
Holiday Time Chemours offers 12 holidays per year, ten designated and two personal. Designated and personal holidays may vary from location to location. Please refer to your local site for information on 2017 holidays.
Other Benefits • Military Duty Leave
• Family Leave
• Maternity Leave (Under the Short-Term Disability Plan)
• Jury Duty
• Bereavement Leave
• Survivor Support Program
• Adoption Assistance and Paid Adoption Leave
• Learning and Development Programs
MyChemoursBenefits.com - Your Benefits ResourceOnline MyChemoursBenefits.com By phone (844) 215-5096
The MyChemoursBenefits.com website is your go-to place for health and insurance benefits. It is easy to use, is secure, and gives you access to your Chemours benefits. The site is available 24 hours a day, 7 days a week from any computer with internet access.
Use MyChemoursBenefits.com to: • Enroll in your benefits and update your dependents;
• Update beneficiaries
• Link and connect to other benefit recourses, such as your medical plan carrier; or
• Make changes to your health and insurance benefit elections when you have a qualifying life event during the year (for example, you get married or have a baby)
Call the Chemours Benefits Service Center to speak directly to a specially- trained representative about your Chemours benefits.
The Chemours Benefits Service Center (844) 215-5096 Monday – Friday 8:00 a.m. – 8:00 p.m. EST
Your place for benefits enrollment, support, and advocacy, including help with benefits questions, Rx issues, life event questions, life insurance questions and claims, etc.
Medical Benefits Aetna Medical Highmark Medical
(800) 417-2386
(866) 730-8592aetna.com highmarkbcbsde.com
Provider network listings, medical benefit questions, claims issues, health care consumer and wellness resources, mental health support and network listings.
Prescription Drug Coverage Benefits
Express Scripts (Rx) (855) 853-4656 express-scripts.comMail order support, Rx claim issues, and prescription benefit questions.
This summary provides a quick, easy–to–understand outline of your Plan options. Chemours has made every effort to ensure that this accurately reflects the plan documents and contracts. However, if there is any conflict or inconsistency between this guide and those documents or contracts, the documents or contracts will govern. Chemours reserves the right to change, modify, or discontinue at its discretion any of the plans, programs, or services described in this guide.
If you are in a collective bargaining unit, the benefits described are subject to meeting any bargaining obligation.
