Taking Charge of Your Health 2021 - US Benefits | The Chemours ...
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2021
U.S. Benefits Eligible Employees
Taking Charge of Your Health
As we navigate the global pandemic, the need to make our Aetna One® Advocate (A1A)
health a priority becomes increasingly obvious. There is Managing your health and benefits can be challenging.
simply no better way to manage through the uncertainties, To offer personal support and improve your healthcare
disruptions, and distractions we face personally and experience, Chemours provides free, confidential
professionally than to take care of ourselves—body, mind, advocacy services to you and your dependents
and spirit. enrolled in a Chemours medical plan. Aetna One®
At Chemours, we have long understood and embraced the Advocate (A1A )is available to help you choose the
belief that your well-being must focus on the “whole self” right benefits coverage, effectively use the benefits
for you to be at your best. That’s why our benefit available to you, find healthcare providers, and get the
programs are designed to support the “whole you” right care. Call your Aetna One® Advocate anytime,
by focusing on three pillars of well-being: financial, 24/7, at (800) 417-2386 or visit aetna.com.
physical, and mental. With more stress around us than
ever before, we encourage you to carefully review and
take advantage of the benefit plans and resources
available to help you achieve optimal health. Our plans
include a full selection of comprehensive and holistic Two Ways to Enroll in Benefits
healthcare programs, and solid financial protection, that
make achieving your health goals easier than ever. It is important that you complete your benefit enrollment
within your first 31 days of employment. If you don't, you will
This Benefits At a Glance highlights be defaulted into certain benefits. See page 3 for details.
your 2021 benefit programs.
Enroll online
Carefully review your options so you can make MyChemoursBenefits.com
choices that best match your needs.
Or by phone
For more information to help you get the best healthcare (844) 215-5096
for you and your family, call The Chemours Benefits Service Monday – Friday 8:00 a.m. – 8:00 p.m. ET
Center at (844) 215-5096 or visit chemoursbenefits.com.
2
General Enrollment Information
Enroll in or waive benefits within 31 days of your date of hire.
Two ways to enroll:
Online Enrollment Site
Beneficiary Updates—Keep your beneficiary information
Log onto MyChemoursBenefits.com. up to date. There’s no better time than annual open
enrollment to review and update your beneficiary
Click on “Register” to set up your user name, password, and
information. Remember, you need to update beneficiary
security questions. Our company key is “chemourscompany”
information for both your 401(k) and life insurance benefits.
(all lowercase).
401K Beneficiary Information— It’s important to decide
who would receive the money in your 401(k) account in the
By Phone
event of your death. If you haven’t chosen a beneficiary
Speak with a Chemours Benefits Service Center yet, simply call Bank of America (877) 854-2436 or log
representative by calling (844) 215-5096. into benefits.ml.com. It's very easy, just log in and choose
Our benefits service center representatives are available to the drop down of "I want to Manage my Beneficiary
answer your questions, provide you with information about Designation." Once you've done that, you can "update" any
your benefit options, and take your enrollment over the phone. information you like.
Life Insurance Beneficiary Information—It's important
Need assistance? to decide who would receive life insurance benefits in
the event of your death or accident. Simply call The
Call The Chemours Benefits Service Center at
Chemours Benefits Center (844) 215-5096 or visit
(844) 215-5096 Monday–Friday, 8:00 a.m. to 8:00 p.m. ET.
MyChemoursBenefits.com to make updates. Remember,
If you need additional information about what benefits the your life insurance beneficiary information does not carry
Chemours Beneflex Benefit Plan covers, please review over to your 401(k) benefit.
the Summary of Benefits and Coverage (SBC) or the
Enroll—We encourage you to carefully review the benefit
Chemours Health and Welfare Wrap Plan Document.
options available to you for 2021, and take action to enroll
Eligibility—Employees who are eligible for benefits or waive coverage. If you are newly eligible or experience
are those individuals who are regularly scheduled a life event during Annual Open Enrollment, you'll need
to work 20 or more hours each week. to enroll twice: once to elect your coverage for 2020
and then again to elect your coverage for 2021.
Before You Enroll—Take the time to review the enrollment
materials made available to you. They will help you understand Benefits Confirmation—After you submit your benefits
your benefit options so you can make informed decisions elections, a confirmation statement will be mailed to your
about the benefits that are right for you and your family. All home address.
enrollment materials can be found at ChemoursBenefits.com.
3
2021 Benefit Highlights
Medical Coverage Other Presciption Coverage Highlights
Your comprehensive health plan includes Specialty Medication—Express Scripts partners with
medical coverage provided by Aetna, Accredo to administer specialty medication. Contact Accredo
prescription benefits administered by Express Scripts, and at (800) 803-2523.
behavioral and mental health coverage through ComPsych, Generic Medication on Preventive Medication List—
plus access to telemedicine administered by Teladoc. No charge (you pay $0).
Fertility Benefits Coverage—We offer the fertility benefits Preferred Brand Medication—You pay 20% of the cost of
coverage in our medical plans up to $30,000. the medication up to a maximum of $125.
Autism Benefits Coverage—Applied behavior analysis is a Non-Preferred Brand—You pay 40% of the cost of the
covered benefit in our Behavioral and Mental Health Plan. medication up to a maximum of $250.
Health Screenings Behavioral Health Benefits (Mental Health and
Substance Use Disorder)
If you a newly hired employee, we are not requiring you to
complete an annual health screenings this year (no biometric ComPsych is the administrator for
screening, no health risk assessment, and no tobacco testing). behavioral and mental health benefits.
All employees who enroll in a Chemours medical plan for These benefits include coverage for
2021 will be eligible for reduced medical insurance premiums depression, bipolar disorder, generalized anxiety disorder,
in 2021. If you use tobacco products, you will receive the substance use disorder, gambling, and eating disorders.
medical premium discount even if you do not enroll in a tobacco Our Company also offers a Free Tobacco Cessation
cessation program. Program via ComPsych.
We are opting out of the health screenings this year because For more information or to find a behavioral/mental health
of concerns over how to facilitate them safely. Instead, we are provider, call ComPsych at (866) 974-7366 or
redoubling our efforts to ensure everyone in the Chemours visit guidanceresources.com.
family has access to well-being tools, information, and resources Telemedicine—Access to affordable
to care for themselves while staying safe for their colleagues, telemedicine is included in your medical
families, and communities. We encourage you to find ways to insurance coverage. Anytime you need a
stay active, rest, be positive, and connect with one another. doctor's expert help, Teladoc provides a
https://chemours.sharepoint.com/hr/Pages/Benefits.aspx convenient option to access healthcare. Through Teladoc,
ComPsych Tobacco Cessation you have access to board certified doctors by phone or by
Program—Overcoming nicotine video in minutes, and can receive certain prescriptions, if
dependence or addiction is not easy, but medically necessary. Teladoc is free for general healthcare,
the ComPsych HealthyGuidance Tobacco Cessation Program unlike the cost of a doctor's office visit, urgent care, or
provides just the right kind of personalized support to help emergency department visits. Your Teladoc benefits also
you kick the habit successfully. A five-session call model is include mental health and behavioral health benefits that
used, but if you need additional sessions, the program will be are fee based as follows:
adjusted. In addition, you can call in for support at anytime, Therapist/Psychologist: All
⚫ Sessions are $90 per visit
with no limits on the amount of times that you call. Psychiatrist:
⚫ Initiation Evaluation is $200 per visit
Prescription Insurance Coverage for Ongoing
⚫ Psychiatrist Sessions: $100 per visit
HIV—Beginning January 1, 2021,
For more information, call Teladoc at (800) 835-2362
HIV pre-exposure prophylaxis (PrEP) anti-retroviral therapy is
or visit Teladoc.com/Chemours.
now considered preventive medication that must be covered
under the Affordable Care Act (ACA) at no cost to high-risk
members.
Call Express Scripts at (855) 853-4656 for more information.
4
2021 Benefit Highlights
Bright Horizons Back-up Care and SoFi Student Loan Benefit—Chemours provides student
Support Services—With the Bright loan contributions administered by SoFi to eligible employees.
Horizons benefit, you have access to The benefit is up to $1,200 in company contributions to the
caregivers who are employees of Bright Horizons or one of repayment of eligible employees' student loan debt, annually
Bright Horizons' contracted trusted partners, who have passed for 3 years for qualifying loans; maximum lifetime benefit of
a comprehensive background check, are trained in CPR and $3,600.
First Aid, and are trained specifically for back-up care. Eligibility—Eligible employees are those individuals who
Family Support Services include virtual academic supports, completed an undergraduate degree in the last 1-3 years and
eldercare planning services (caregiving, legal and financial), have not participated in the Chemours tuition reimbursement
and pet sitters. Bright Horizons Back-up Care and Family program.
Support Services offers:
National
⚫ network of vetted caregivers for children and
adults when short-term care needs arise
Center-based
⚫ and in-home care options
24/7
⚫ access and instant booking via web, mobile app
and phone
Aetna One Advocate ®
Your journey to better health starts here
Managing your health and your benefits
can be challenging. Your Aetna One®
Advocate team is here to make it easier. We’ll help you
get the most from your healthcare.
Your care team of member advocates, clinical advocates
(nurses), well-being advocates, pharmacists, dietitians
and more, is built around you. And we’re all here to
help you achieve your best health.
Call your Aetna One® Advocate team to find a nearby
in-network location for urgent care or sick need,
make doctors' appointments, make sure you’re
sticking to your care plan, find programs to manage
stress or help with a condition, and much more.
Health is a Journey, Dont Make it Alone
Connecting Health with Heart—(800) 417-2386
You can call us 24/7 at (800) 417-2386. Your dedicated core team is available:
24/7 nurse support Monday-Friday: 8 a.m. to 8 p.m. ET
5
Medical Plan Comparison
Chemours offers two Medical High Deductible Health Plan options administered by Aetna. Prescription insurance coverage
is included and is administered by Express Scripts Inc., and behavioral health benefits are administered by ComPsych.
Free telemedicine coverage is also included and administered by Teladoc.
Choice Plan Choice Plus Plan
In-network Out-of-network In-network Out-of-network
100% paid; reasonable 100% paid; reasonable
100% paid; 100% paid;
Preventive care and customary as and customary as
no deductible no deductible
applicable; no deductible applicable; no deductible
Annual deductible
$2,500 Individual $3,500 Individual $1,400 Individual $2,500 Individual
(applies to both medical
$5,000 Other $6,000 Other $2,800 Other $4,000 Other
and prescription drug
coverage levels coverage levels coverage levels coverage levels
expenses combined)
Chemours HSA $600 Individual $600 Individual
contribution $1,200 Other coverage levels $1,200 Other coverage levels
Coinsurance for
medical services
Office visits
You pay 20% You pay 40% You pay 20% You pay 40%
Chiropractic care
after deductible after deductible after deductible after deductible
($1,000 annual limit)
Labs/X-Rays
Hospitalization/Surgery
Prescription Medication
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
You pay 40% after deductible; no max You pay 40% after deductible; no max
(after 2 fills at retail)
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 $12,000 (limited to $10,000 (limited to
(combined family $6,000 for any one $30,000 $5,000 for any one $30,000
out-of-pocket max) family member) family member)
Medical Plan Monthly Premiums (the amount deducted from your pay depends on your pay frequency)
Without Medical Without Medical
Coverage Levels With Medical Insurance With Medical Insurance
Insurance Premium Insurance Premium
Premium Discount Premium Discount
Discount Discount
You Only $152.89 $37.89 $195.02 $80.02
You + Spouse $252.84 $137.84 $350.89 $235.89
You + Child(ren) $237.75 $122.75 $327.24 $212.24
You + Family $315.27 $200.27 $468.49 $353.49
6
Dental Plan
Our Dental Plan is administered by MetLife. The Dental Plan provides coverage when you receive treatment from any dentist
you choose. Use MetLife preferred providers to pay less in out-of-pocket expenses. Call Met Life Dental at (800) 942-0854
or visit metlife.com/mybenefits.
Coverage MetLife 100/80/50 Plan
Annual deductible $50 per individual up to a maximum of two
Applies to basic and major services deductibles per family in a calendar year
Preventive services—covered 100% You pay reasonable and customary
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
Basic services—covered 80% You pay approximately 20%
Includes simple extractions, bridges repair, crowns, fillings,
general anesthesia, and other covered dental services
Benefit frequency and limits apply
Major services—covered 50% You pay approximately 50%
Includes dentures, crowns, inlays, onlays, implants, and bridges
Benefit frequency and limits apply
Orthodontia services—covered 50% You pay 50%
Coverage for children and adults
Annual benefit limit $1,500 per covered individual
Lifetime orthodontic limit $1,500 per covered individual, regardless of age
Dental Plan 2021 Monthly Premiums
You Only $11.93 You + Spouse $23.86 You + Child(ren) $26.85 You + Family $38.78
7
Vision Plan
Chemours offers you a choice of two vision plans—the For more information, call VBA at (800) 432-4966
Choice Vision Plan and the Choice Plus Vision Plan. or visit vbaplans.com.
Both plans are administered by Vision Benefits of
America, with access to over 14,000 in-network
providers.
Choice Vision Plan Choice Plus Vision Plan
VBA Provider Non-VBA Provider VBA Provider Non-VBA Provider
Eye exam (once per year) Plan pays 100% Plan pays up to $40 Plan pays 100% Plan pays up to $40
Includes polycarbonate lenses, scratch-resistant
Includes everything in Core Plan PLUS progressive
coatings, solid and gradient tints, blended bifocals,
lenses, high index plastic, anti-reflective coatings,
progressive lenses (except digital), UV coatings,
photo-sensitive (transitions)
trifocal, and lenticular
Clear Standard Lenses
(once per year) Plan pays Plan pays
Plan pays 100% after Single vision; up to $40 Plan pays 100% after Single vision: up to $40
$20 copay ($20 copay Bifocal: up to $50 $20 copay (the $20 Bifocal: up to $50
applies to lenses or Trifocal: up to $75 copay applies to lenses Trifocal: up to $75
frames but not both) Progressive: up to $75 or frames, but not both) Progressive: up to $75
Lenticular: up to $100 Lenticular: up to $100
Plan pays 100% with a Plan pays 100% with a
Frame wholesale value of up to Plan pays up to $50 wholesale value of up to Plan pays up to $60
$60 ($150 - $180 retail) $70 ($175 - $210 retail)
Plan pays $135 in Plan pays $135 in
Plan pays $135 in Plan pays $135 in
Elective contact lenses material allowance material allowance
material allowance material allowance
(in lieu of glasses/frames) (in lieu of glasses/frames)
VBA-approved, medically
Plan pays 100% of R&C Plan pays up to $300 Plan pays 100% of R&C Plan pays up to $300
necessary contact lenses
Lasik Surgery
N/A Plan pays $200 N/A Plan pays $300
(Once every 8 years)
2021 Choice Vision Plan Monthly Premiums
You Only $8.28 You + Spouse $15.28 You + Child(ren) $14.42 You + Family $23.26
2021 Choice Plus Vision Plan Monthly Premiums
You Only $13.94 You + Spouse $27.24 You + Child(ren) $24.04 You + Family $38.368
Well-Being at Chemours
Everything you need for a healthier you.
Our benefits are designed with you in mind - to support all dimensions of your well-being - financial, physical and mental. No
matter where you are in life, whether you're starting your career or starting a family or somewhere in between, we offer benefits
and well-being programs to support you on your journey, today and into the future.
Well-Being Now and For your Future
Chemours offers comprehensive benefits that supplement Do you know why sleep is important?
these core healthcare benefits: Poor sleep can lead to an increased risk of:
⚫ edical, prescription, telemedicine, dental, and
M ⚫ T
ype 2 Diabetes ⚫ C
ertain Cancers
vision insurance ⚫ H
igh Blood Pressure ⚫ O
besity and more
⚫ dvocacy Services with Aetna One® Advocate for
A
employees enrolled in a Chemours Medical Plan
⚫ avings accounts for certain medical, childcare,
S
and commuter expenses: Employee Assistance Plan (EAP)—Our
Employee Assistance Program offers free
• H
ealth Savings Accounts (HSA)3 and confidential assessments, short-
o C
hemours contributes $600 for individuals or up term counseling, referrals, and follow-up services to you and
to $1,200 for other coverage levels for employees anyone who lives in your household who has personal and/or
participating in our medical plans work-related problems. No enrollment is necessary, simply
contact ComPsych to get started. You may be eligible for up
oY
ou can contribute additional amounts up to the
to six (6) free counseling sessions on the phone or in person
IRS maximum limits each year
for a variety of issues, including family/marital counseling,
• L
imited Purpose Flexible Spending Account (FSA)3 depression, mental health, and substance use disorder.
• D
ependent Care FSA3 Call ComPsych at (866) 974-7366 or visit
• Commuter
FSA 4 guidanceresources.com Access code: CHEMOURSEAP
Call Bank of America for HSA, Limited Purpose FSA, and
Dependent Care FSA. Call Discovery for Commuter FSA.
Taking charge of your well-being
Eat well—fresh, nutritious foods and beverages.
Be active—physical activity and movement during and after
your workday.
Work healthy—learn about safety and office ergonomics to
create a work environment that minimizes discomfort and risk
of injury on the job.
Sleep well—poor sleep can have a negative effect on your
health and well-being. Good sleep is vital to good health and can
keep chronic illness at bay, decrease stress, and improve mood.
Financial well-being—Create a budget, pay down debt, save
for an emergency, save for retirement.
1
Benefits Offered through The Hartford, www.thehartford.com 3
Benefits Offered through Bank of America, www.myhealth.bankofamerica.com
2
Benefits Offered through MetLife, www.mybenefits.metlife.com 4
Benefits Offered through Discovery Benefits, www.discoverybenefits.com9
Well-Being at Chemours
ComPsych Tobacco Cessation Financial Well-Being Now and for Your Future
Program through Income Protection
The programs offered to protect your income today
If you are planning on quitting, we’re ready to help. Enroll in at no cost to you are: Basic Life Insurance,1
Healthy Guidance® Tobacco Cessation Program by calling Basic Accidental Death and Dismemberment
ComPsych at (866) 974-7366. You must complete at least five Insurance (AD&D),1 Occupational AD&D,2 and
(5) 30-minute phone-based coaching sessions to help you quit. Short Term and Long Term Disability Insurance.1
Call One: Assessment and Education—The program begins You may also purchase:
the “Why Do I Smoke?” quiz to understand your level of ⚫ oluntary Supplemental Life Insurance for yourself
V
nicotine addiction. It also uncovers other key factors behind and members of your family1
your dependency—this helps our specialists plan a program
that targets your specific needs. RSP and ESPP
Chemours allows you to participate in two programs that can
Call Two: Prepare to Quit—While there is no single right way help you prepare for long-term financial needs through the:
for a tobacco user to quit, there are some strategic steps that ⚫ Chemours Retirement Savings Plan (RSP)6
increase the chances of success, such as—decide on a quit
⚫ Employee Stock Purchase Plan (ESPP)6
date, let your family and friends know, remove tobacco from
your personal environment, and discuss nicotine replacement Chemours matches your contributions dollar for dollar on the
therapy with your doctor. first 6% of your eligible earnings
Call Three: Action Plan—According to the American Educational Well-Being Now and for Your Future
Cancer Society, quitting and staying quit depends largely on Chemours helps you prepare yourself and your loved ones by
commitment and planning. The Certified Tobacco Cessation assisting you with higher education expenses through these
Specialists help you choose a quitting method, develop benefits:
alternative coping strategies, and define a tobacco-free ⚫ Tuition Reimbursement
identity.
⚫ Student Loan Payment Assistance
Call Four: Quit Day—Designating a quit day motivates you to ⚫ Student Loan Refinancing Program5
put the preparation and planning into action at a specific time, ⚫ SimpliCollege7
which helps ensure success.
Additional Resources
Call Five: Relapse Prevention and Follow-up Assessment— Nicotine replacement therapies are available through the
Staying tobacco free is the final and most important stage Chemours medical plan. Contact Aetna (800) 417-2386.
of the process. The Tobacco Cessation Specialists help you Express Scripts (ESI) covers smoking cessation medication
identify relevant relapse issues, develop skills to cope with at no cost. For more information about available
emotional or situational triggers, and use tactics such as medications, contact ESI at (855) 853-4656.
exercise and better nutrition to restore your overall health.
Other Well-Being Programs
Please refer to your local site for information about other
available well-being programs.
5
Benefits Offered through SoFi, www.sofi.com/chemours 7
enefits Offered through SimpliCollege, www.simplicollege.com/
B
6
Benefits Offered through Merrill, www.benefits.ml.com thechemourscompany10
Other Benefits Information
Disease and Care Management Deductibles
Our medical and prescription plans include free resources Your deductible is based on your coverage level and all
and confidential support and care to manage your acute claims for medical, prescription and behavioral health count
and chronic health conditions, such as diabetes, high blood towards your deductible. Employees with “You only” coverage
pressure, and heart disease. Outreach begins at the time have a lower deductible than employees who elect to cover
of diagnosis with Care Management programs that provide eligible family members on their plan. If you cover a spouse
coordinated support and information to improve and and/or children, the “other coverage” deductible applies, and
maintain good health with these conditions. all family members’ claims go toward meeting
the deductible.
For more information, contact:
Out-of-Pocket Maximums
Aetna You’ll have two types of financial protection if you or your
dependents expect high medical and prescription claims
(800) 417-2386 aetna.com
next year—an in-network out-of-pocket maximum and an
out-of-network out-of-pocket maximum.
Express Scripts Inc.
The most you will pay out-of-pocket for all of your
(855) 853-4656 express-scripts.com covered medical, prescription, and behavioral claims for
your family will be:
Prescription
Your prescription medication expenses go toward meeting Choice Plan Choice Plus Plan
the medical plan deductible—with the exception of preventive In-network: $12,000, In-network: $10,000,
care prescription drugs. Although no deductible applies to limited to $6,000 for any limited to $5,000 for any
preventive medications, you will still be responsible for your one family member one family member
coinsurance for brand-name preventive drugs. Federally
Out-of-network: $15,000 Out-of-network: $15,000
mandated preventive generic medications are provided at
individual and $30,000 individual and $30,000
no cost to you.
other coverage levels other coverage levels11
HSA and FSA Benefits
Health Savings Account Limited Purpose Healthcare Flexible Spending
Make a smart investment in a Health Savings Account (FSA)
Account (HSA). Save it. Use it. Never lose it.* The Limited Purpose Healthcare Flexible Spending Account
(FSA) can be used for eligible dental and vision expenses only,
When you enroll in a Chemours medical plan, you may be
and does not cover medical expenses. Remember to plan
eligible for a Health Savings Account. When you open an HSA,
carefully—the Limited Purpose Healthcare FSA is a “use it or
it is your personal savings account, and the money stays with
lose it” benefit and is only for individuals who are enrolled in a
you for the rest of your life. You can save the money in your
Chemours Medical Plan.
HSA or use the HSA Visa debit card that comes with your
account to pay for qualified healthcare expenses, such as The IRS limit for the Limited Purpose Healthcare Flexible
doctors’ office visits and prescriptions. Spending Account in 2021 is $2,750.
An HSA offers a triple tax advantage: pre-tax contributions,
Dependent Care FSA
tax-free gains on any money your HSA savings earn, and
tax-free withdrawals when you use the money for qualified A Dependent Care FSA allows you to set aside pre-tax money
medical expenses. to pay for eligible day care expenses for your dependent child
under the age of 13 or for a spouse/dependent age 13 or
older who is not able to take care of him/herself. These day
How much can you save in your HSA?
care expenses must be incurred because you have to work
An HSA is subject to IRS annual contribution limits. For
and are not available to care for your dependent yourself.
2021, there is an increase in how much you can contribute
or save to your HSA. You may contribute up to $3,600 for The IRS has established the 2021 Dependent Care limit at
individual coverage and prescriptions and up to $7,200 for $5,000.
family coverage. Remember, the IRS HSA Contribution Limits
include both your contributions and company contributions. If Commuter FSA
you are age 55 or older the IRS allows you to contribute up to
The Commuter FSA, administered
an additional $1,000 to your HSA.
by Discovery Benefits, works a little
HSAs are a great way for you to save and invest your money differently from other types of
for healthcare and future medical costs. Recently enacted FSAs. It allows you to set aside pre-tax money to pay for eligible
legislation for the Coronavirus Aid, Relief and Economic commuter expenses (for example, transit, parking) and you can
Security (CARES) Act amends the applicable tax code enroll in the Commuter FSA or make changes to your Commuter
provisions to allow over-the-counter (OTC) medication as FSA payroll deductions at any time during the year. The IRS
qualified healthcare expenses, without need for a prescription. limit for Commuter FSA accounts is $270 for 2021.
This change is effective for expenses incurred on or after
January 1, 2020. For more information, refer to your 2021
Health Savings Account User's Guide.
Remember, you can change your HSA election during the year. Other FSA Information
You are legally required to enroll in the Flexible Spending
Account (FSA) each year—both the Healthcare FSA and
Flexible Spending Accounts
the Dependent Care FSA. FSA elections for 2020 will
Flexible Spending Accounts allow you
not carry over into 2021.
to pay for certain out-of-pocket
expenses with pre-tax dollars. For more information about HSA and FSA,
You choose the amount that you want deducted from each contact Bank of America:
paycheck. For a complete list of eligible expenses, access
Call (866) 791-0250
the IRS website at irs.gov, Publication 502 (Medical and
or visit www.myhealth.bankofamerica.com
Dental Expenses) or Publication 503 (Child and Dependent
Care Expenses). For more information about the Commuter FSA,
contact Discovery Benefits:
Call (866) 451-3399
or visit discoverybenefits.com
* "Never lose it" refers solely to the portability of the account. Investing involves risk, including possible loss of the principal value invested.12
Income Protection & Other Benefits
To help you provide financial protection for you and your Retirement Savings Plan (RSP)
family, Chemours provides a number of benefit options
The Chemours Retirement Savings Plan
that offer income protection. is a great benefit to help you save for the
future. The RSP is a 401(k) Plan that
Life Insurance
allows eligible employees to contribute up to 90% of eligible
Chemours offers life insurance coverage options pay toward saving for retirement, subject to annual IRS
to help you protect your family in the event maximum contribution limits. Chemours matches 100% of a
something happens to you. Chemours provides a Basic Insurance participant’s contribution up to 6%. The IRS allows you to
benefit of one (1) time your base salary at no cost to you. contribute a combined before-tax and Roth 401(k) maximum
each year. The IRS annual contribution limit for the 401(k)
Accidental Death and Dismemberment Insurance
Plan is $19,500 for 2021 and an additional $6,500 in
You will automatically receive Accidental Death and catch-up contributions for participants age 50 or older.
Dismemberment Insurance coverage (AD&D) at no cost to
you. Chemours provides AD&D benefits of one (1) time your Financial Wellness Tracker!—Merrill Lynch has launched a
Financial Wellness Tracker to give you personalized suggestions
base salary.
for managing and improving your financial behavior to help
Occupational Accidental Death and you pursue your financial goals. To get the most from this
Dismemberment Insurance experience, review the Financial Wellness Checklist at
go.ml.com/FWchecklist to ensure you have the information
This benefit is provided by Chemours (at no cost to you) to
needed to complete the assessment. Next, visit Benefits Online
help protect you and your family from the financial hardship a
at benefits.ml.com and select the Financial Wellness tab to take
serious occupational accident or death can cause. the assessment. It only takes about 10 minutes.
Disability Insurance Choosing your beneficiary—It’s important to decide who
Chemours provides you with short-term and long-term would receive the money in your 401(k) account in the event of
disability insurance coverage at no cost to you. Short-term your death. If you haven’t chosen a beneficiary yet, take a few
disability insurance provides full or partial pay during periods minutes to do so. Your beneficiary for your life insurance does
of approved disability. Long-term disability insurance not automatically carry over to your 401(k).
provides 60% of your pay if you were to become disabled Annual Open Enrollment is a perfect time to review your
and unable to work. 401(k) deferral elections (how much is taken from your pay),
contribution level, and your designated beneficiary.
ccess helpful financial calculators and investment planning
A
resources through Bank of America Merrill Lynch. To learn more,
call (877) 854-CHEM or visit Benefits OnLine® at benefits.ml.com.
Call ComPsych at (866) 974-7366 or visit
guidanceresources.com Access code: CHEMOURSEAP13
Voluntary Benefits and Additional Resources
As a newly hired employee, there is no better time to review your benefit needs. You also have the opportunity to enroll
in voluntary benefits coverage, called supplemental benefits. Voluntary benefits allow you to purchase additional
insurance coverage for you and your family—usually at a lower group rate—through convenient payroll deductions.
For example, you can elect additional life insurance for yourself, your spouse or your child(ren).
Supplemental Life and Accidental Death and SoFi Student Loan Refinancing2
Dismemberment Insurance We understand that managing student loan debt can
Supplemental Life and AD&D Insurance add pressure to many aspects of your well-being. That's
coverage is administered by The Hartford. why we offer student loan refinancing through SoFi as a
During Annual Benefits Open Enrollment, voluntary benefit.
you can elect to buy more life insurance coverage than
SoFi consolidates and refinances federal and private student
what you have now, on an after-tax basis, and this includes
loans to offer rates customized to you, creating meaningful
Spouse Life and Child Life insurance (subject to evidence of
savings. Upon refinancing through SoFi, you may be eligible
insurability). Contact The Chemours Benefits Service Center
to receive a $300 Welcome Bonus. Checking your rate takes
for more information at (844) 215-5096.
two minutes and has zero impact on your credit score since
Chemours offers certain voluntary SoFi only does a soft credit inquiry. Call SoFi for more
benefit programs administered by information at (855) 456-7634 or visit sofi.com/chemours.
MetLife.1 Accident Insurance, Critical
Illness Insurance, and Legal Service coverage all on a Student Loan Employer Contributions—The Sofi Student
post-tax basis. Loan Benefit will include a Chemours contribution of up to
$1,200 per year for up to 3 years, for qualifying student loans.
MetLife also offers voluntary Auto Insurance and Home The maximum lifetime benefit is $3,600. Eligible employees
Insurance benefits, which you will receive information about are those who completed an undergraduate degree within
in the mail. the last 1-3 years and have not participated in the Chemours
Accident Insurance Tuition Reimbursement Program.
If you experience an accidental injury covered in the policy,
you get a payout to cover deductibles, out-of-pocket medical SimpliCollege program
expenses or everyday living expenses. With SimpliCollege, you have access to an online resource
that will help lower the cost of your child's education.
Critical Illness Insurance
This includes financial aid guides and information that
When you enroll in MetLife's Critical Illness benefit, coverage
can help you maximize scholarships and grants and
includes help with the treatment costs of covered critical
minimize student loans. For more information, visit
illnesses such as cancer, heart attack, or stroke.
https://www.simplicollege.com/thechemourscompany
MetLife Health Screening Incentive
When you are enrolled in the Critical Illness Insurance Tuition Reimbursement
Plan, you and your dependents are eligible to receive fifty Chemours Tuition Reimbursement Policy supports
dollars ($50) per calendar year for taking one of the eligible continuing education that can be applied to your current
screening/prevention measures. role or reasonably likely future role with the company.
Call (800) 438-6388 to get your health screening incentive. Employees participating in this program must successfully
MetLife will pay for one health screening benefit per covered complete the course in order to receive reimbursement.
person per calendar year. Expenses are covered up to a maximum of $7,500 per
calendar year for undergraduate, graduate, and MBA
Legal Services Plan programs and up to a maximum of $15,000 per year for
Enrolling in the Legal Services plan gives you flexible options Specialty, EMBA, and Doctoral programs.
for meeting with attorneys who can provide you with advice
on a variety of legal matters at discounted rates.
For more information, call MetLife at (800) 438-6388
or visit mybenefits.metlife.com.14
Additional Benefit Highlights
Vacation Time Holiday Time
Chemours recognizes the importance of time off. Employees Chemours offers 12 holidays per year that are designated
earn 15 days of vacation per year during the first 5 years of and personal. Designated and personal holidays may vary
employment. Beginning in the sixth year of service, employees from location to location. Please refer to your local site for
will earn one additional day of vacation each year until they information on 2021 holidays.
reach 25 days of vacation in year 15.
The Wilmington area 2021 Holiday schedule provides 9
Adoption Assistance paid holidays and 3 personal days; below are the holidays:
Chemours Adoption Assistance reimbursement program
provides up to $5,000 per adoption to help pay for qualified Holiday Date
expenses related to the adoption of a child, including attorney
New Year’s Day Friday, January 1, 2021
fees, court costs, and adoption fees.
President’s Day Monday, February 15, 2021
Parental Leave
Memorial Day Monday, May 31, 2021
The Parental Leave benefit provides up to four weeks
(160 hours) of paid time off to allow all mothers and Independence Day Monday, July 5, 2021
fathers time to bond with their newborn or newly placed Labor Day Monday, September 6, 2021
child within the first year of the birth or placement of the
child. This time can be taken all at once or in increments, Thanksgiving Day Thursday, November 25, 2021
with manager approval. This parental leave is separate Day After Thanksgiving Friday, November 26, 2021
from disability leave. Birth mothers can take parental
Christmas Eve Friday, December 24, 2021
leave after disability leave ends.
New Year's Eve Friday, December 31, 2021
Provider Contact List
Chemours Benefits MyChemoursBenefits (844) 215-5096 MyChemoursBenefits.com Your place for benefits, enrollment,
Service Center support, and advocacy, including
help with benefits questions, Rx
issues, life event questions, life
insurance questions and claims, etc.
Medical Benefits Aetna Medical (800) 417-2386 aetna.com Provider network listings, medical
benefit questions, claims issues,
healthcare consumer and wellness
resources, mental health support,
and network listings.
Aetna A1A Advocacy Aetna A1A (800) 417-2386 aetna.com A single trusted advocate to help
Services you with your healthcare needs—
information about which benefits
are covered under your medical
plan, scheduling appointments,
finding providers, claims questions,
pharmacy questions, and more.
Telemedicine Teladoc (800) 835-2362 teladoc.com/chemours Access to quick non-emergency
medical care. Consultation with
a board certified, state licensed
doctor via phone or online.
Prescription Drug Express Scripts (855) 853-4656 express-scripts.com Mail order support, Rx claim issues,
Coverage Benefits and prescription benefit questions.
Accredo Specialty (800) 803-2523 accredo.com
Pharmacy Specialty prescriptions handled
through Accredo Specialty Pharmacy.15
Provider Contact List
Dental Benefits MetLife Dental (800) 942-0854 metlife.com/mybenefits Dental claims support, dental benefit
questions, and network listings.
Vision Benefits Vision Benefits of (800) 432-4966 vbaplans.com Vision claims support, vision benefit
America (VBA) questions, and network listings.
Health Savings Bank of America (866) 791-0250 www.myhealth.bankofamerica.com Reimbursement of eligible medical
Accounts (HSA) and expenses and dependent care. Tools
Flexible Spending and resources.
Accounts (FSA)
Chemours Retirement Merrill Lynch (877) 854-CHEM benefits.ml.com Chemours RSP Benefits Online.
Savings Benefit (2436) Support for retirement planning
(401k) and resources to invest and fund
management.
Chemours Tobacco ComPsych (866) 974-7366 info@compsych.com Tobacco Cessation Support
Cessation Program
Employee Assistance ComPsych (866) 974-7366 guidanceresources.com Confidential guidance resources
Program (EAP) via phone or web to legal, financial,
Chemours access: and work-life balance services.
CHEMOURSEAP
Commuter Benefits Discovery Benefits (866) 451-3399 discoverybenefits.com Reimbursement of eligible transit
(Option 1) and parking expenses.
(866) 451-3245
(Claim processing
fax number)
Accident Insurance MetLife (800) 438-6388 mybenefits.metlife.com Insurance to offset some expenses
for unexpected accidents.
Critical Illness MetLife (800) 438-6388 mybenefits.metlife.com Additional insurance to help with
Insurance out-of-pocket medical and the living
expenses for a covered critical
illness.
Legal Plan MetLife Legal (800) 821-6400 www.legalplans.com Professional legal advice and
assistance including, estate
planning, real estate, family law.
Group Life & AD&D The Hartford (877) 200-5870 www.thehartford.com Income protection with Group Life &
AD&D benefits provided to protect
you and your family.
Student Loan SoFi (855) 456-7634 www.sofi.com/contact-us SoFi offers a refinancing solution
Refinancing for working graduates who have
high-Interest, unsubsidized
Direct Loans, Graduate PLUS
loans, and/or private loans.
SimpliCollege SimpliCollege online access only www.simplicollege.com/ Single resource to help families plan
thechemourscompany for, prepare for, and reduce the cost
of a college education.
Back-up Care Bright Horizons (877) BH-CARES clients.brighthorizons.com/ Services for back-up child and
(242-2737) chemours elder careMetropolitan Life Insurance Company, New York, NY 10166 1 Any discussion of taxes herein or related to this document is for general information purposes only and should not be construed providing tax or legal advice. Employees should confer with their independent legal and tax advisors as appropriate. METLIFE'S ACCIDENT INSURANCE IS A LIMITED BENEFIT GROUP INSURANCE POLICY. The policy is not intended to be a substitute for medical coverage and certain states may require the insured to have medical coverage to enroll for the coverage. The policy or its provisions may vary or be unavailable in some states. There is a preexisting condition limitation for hospital sickness benefits, if applicable. MetLife’s Accident Insurance may be subject to benefit reductions that begin at age 65. And, like most group accident and health insurance policies, policies offered by MetLife may contain certain exclusions, limitations and terms for keeping them in force. For complete details of coverage and availability, please refer to the group policy form GPNP12-AX or contact MetLife. Benefits are underwritten by Metropolitan Life Insurance Company, New York, New York. METLIFE CRITICAL ILLNESS INSURANCE (CII) IS A LIMITED BENEFIT GROUP INSURANCE POLICY. Like most group accident and health insurance policies, MetLife’s CII policies contain certain exclusions, limitations and terms for keeping them in force. Product features and availability may vary by state. In most plans, there is a pre-existing condition exclusion. In most states, after a covered condition occurs there is a benefit suspension period during which most plans do not pay recurrence benefits. Attained Age rates are based on 5-year age bands and will increase when a Covered Person reaches a new age band. A more detailed description of the benefits, limitations, and exclusions applicable can be found in the applicable Disclosure Statement or Outline of Coverage/Disclosure Document available at time of enrollment. For complete details of coverage and availability, please refer to the group policy form GPNP07-CI or GPNP09-CI, or contact MetLife for more information. Benefits are underwritten by Metropolitan Life Insurance Company, New York, New York. MetLife's Critical Illness Insurance is not intended to be a substitute for Medical Coverage providing benefits for medical treatment, including hospital, surgical and medical expenses. MetLife's Critical Illness Insurance does not provide reimbursement for such expenses. Group legal plans are provided by Hyatt Legal Plans, Inc., a MetLife company, Cleveland, OH. In certain states, group legal plans and Family Matters are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and Affiliates, Warwick, RI. Payroll deduction required for group legal plans. Benefit programs offered by MetLife and its Affiliates contain certain exclusions and terms for keeping them in force. For costs and complete details of the coverage, call or write the company. 2 Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Current as of June 1, 2017, SoFi loans not offered to residents of Nevada. Other state restrictions may apply. See eligibility requirements at sofi.com/legal. Licensed by the Department of Business Oversight under the California Finance Lender Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. 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. ©2020 The Chemours Company. Chemours™ and the Chemours Logo are trademarks or registered trademarks of The Chemours Company.
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