Yum! Brands, Inc. · NYSE:YUM
Yum! Brands — Investor Presentation (September 2010)
28 slides from Yum! Brands's investor presentation, September 2010
Slide 1: 2011 U.S. Medical Benefits National Call Presentation
2011 U.S. Medical Benefits National Call Presentation September 2010
Slide 2: What You Need To Do
What You Need To Do • Understand the Yum! healthcare philosophy • Build Know How around 2011 changes • Understand how the new Yum! HRA Plan works • Know where to go for more information 2
Slide 3: What We Believe about Healthcare
What We Believe about Healthcare We want to: • Protect you from catastrophic financial loss • Promote your wellness and healthy lifestyles • Build your know how in managing and owning health care decisions • Offer benefits competitive with similar companies 3
Slide 4: What is the first change for 2011?
What is the first change for 2011? 1. UnitedHealthcare will be the primary insurance company • Medical and mental health vendors are moving to UnitedHealthcare • We’re no longer offering Aetna health plans. • MHN and Employee Assistance Program (EAP) will be offered by UnitedHealthcare 4
Slide 5: UnitedHealthcare will be Primary Insurance Company for 2011
1. UnitedHealthcare will be Primary Insurance Company for 2011 Moving to United Not Moving Medical, Flexible Spending Account, HMOs, Prescription Drugs, Mental Health and EAP Dental or Vision • Best in class vendor we’ve worked with for 10 years • Single vendor choice improves your experience • Impr
Slide 6: Is Your Provider in the UHC network?
Is Your Provider in the UHC network? To Find Out: • Call your doctor. Ask if your doctor is considered in-network with the UnitedHealthcare Choice Plus network. • Visit the United Healthcare online directory on the Yum! Own Your Health Website Need more Help? • Call Health Advocate at 1-866-695-8622
Slide 7: What is the second change for 2011?
What is the second change for 2011? 1. United Healthcare will be the primary insurance company • Medical and mental health vendors are moving to United Healthcare • We’re no longer offering Aetna health plans. • MHN and Employee Assistance Program (EAP) will be offered by UnitedHealthcare 2. The new
Slide 8: Yum! HRA Plan – How the Plan Works
Yum! HRA Plan – How the Plan Works *From www.healthcarelane.com Used with permission from UnitedHealth Group. 8
Slide 9: Yum! HRA Plan – How the Plan Works
Yum! HRA Plan – How the Plan Works *From www.healthcarelane.com Used with permission from UnitedHealth Group. 9
Slide 10: Yum! HRA Plan – How the Plan Works
Yum! HRA Plan – How the Plan Works *From www.healthcarelane.com Used with permission from UnitedHealth Group. 10
Slide 11: Yum! HRA Plan – How the Plan Works
Yum! HRA Plan – How the Plan Works *From www.healthcarelane.com Used with permission from UnitedHealth Group. 11
Slide 12: Important Notes
Important Notes for the following in-network examples Premiums are deducted from your paycheck • These premiums give you access to medical, mental health, and prescription benefits 2011 Premiums • Premiums will decrease for over 70% of you Prescription drugs are a separate plan with Medco • You don’
Slide 13: Carlos is an RGM with a family
Carlos is an RGM with a family. He likes the Yum! HRA Plan because… • Preventive care is covered 100% by Yum! • Ability to choose any doctor – His family will pay less with in-network UHC doctors • Any unused HRA dollars will carry over to next year In Carlos’s first year in the plan, his family had
Slide 14: How Carlos's plan works – Year 1
How Carlos’s plan works – Year 1 And Carlos carries over $640 into next year! Year 1 care – all in-network 2 doctor visits $200 2 urgent care visits $260 2 other procedures $400 Non-preventive total $860 HRA paid $860 Carlos paid $0 $1,500 $3,000 $6,000 HRA Annual Out-of-Pocket Deductible Max *From
Slide 15: Carlos rolls $640 forward into his Year 2 HRA
How Carlos’s plan works – end of Year 1 Carlos rolls $640 forward into his Year 2 HRA $2,140 $3,000 $6,000 Annual Out-of-Pocket HRA deductible Max *From www.healthcarelane.com. Used with permission from UnitedHealth Group. 15
Slide 16: How Carlos's plan works – Year 2
How Carlos’s plan works – Year 2 Year 2 Care – all in network • 1 outpatient procedure $600 • Lab Work $300 • 5 physical therapy visits $700 • 4 doctor visits $600 $2,200 Total cost of non-preventive care Remember, preventive care for Carlos’s family is covered 100% when they use UnitedHealthcare pr
Slide 17: How Carlos's plan works – Year 2
How Carlos’s plan works – Year 2 Year 2 care – all in network 1 outpatient procedure $600 Lab work $300 5 physical therapy visits $700 4 doctor visits $600 HRA paid $2,140 Non-preventive total $2,200 Carlos paid $60 HRA is spent $2,140 $3,000 $6,000 Annual Out-of-Pocket HRA deductible Max *From www.
Slide 18: Carlos starts again with $1,500 in his HRA
How Carlos’s plan works – Year 3 Carlos starts again with $1,500 in his HRA $1,500 $3,000 $6,000 Annual Out-of-Pocket HRA deductible Max *From www.healthcarelane.com. Used with permission from UnitedHealth Group. 18
Slide 19: Anna is single and works in the RSC
Anna is single and works in the RSC. She likes the Yum! HRA Plan because… • Preventive care is covered 100% by Yum! • No referral needed for specialists – She will pay less with in-network UHC doctors • Any unused HRA dollars will carry over In Anna’s first year in the plan, she had: • Back surgery
Slide 20: How Anna's plan works – Year 1
How Anna’s plan works – Year 1 Year 1 care – all in-network Back surgery $25,000 HRA pays $750 5 doctor visits $600 7 physical therapy visits $1,000 Anna pays $750 6 mental health visits $400 $1,500 Annual Deductible is Non-preventive total $27,000 met HRA is spent Reaches deductible $750 $1,500 $3,
Slide 21: How Anna's plan works – Year 1
How Anna’s plan works – Year 1 Year 1 care – all in-network care After Deductible, Back surgery $25,000 Balance Remaining $25,500 5 doctor visits $600 7 physical therapy visits $1,000 Yum pays 80% $20,400 6 mental health visits $400 Non-preventive total $27,000 Anna would pay 20% or $5,100 but due t
Slide 22: How Anna's plan works – Year 1
How Anna’s plan works – Year 1 • In Year 1, Anna paid $750 (her portion of the deductible) + $3,000 out-of-pocket maximum • All other medical costs for the year were covered 100% HRA is spent Reaches deductible Yum! paid 80% $750 $1,500 $3,000 Annual Out-of-Pocket HRA deductible Max *From www.health
Slide 23: Anna starts again with $750 in her HRA
How Anna’s plan works – Year 2 Anna starts again with $750 in her HRA $750 $1,500 $3,000 Annual Out-of-Pocket HRA deductible Max *From www.healthcarelane.com. Used with permission from UnitedHealth Group. 23
Slide 24: What is the payment process for the HRA Plan?
What is the payment process for2 the HRA Plan? 11 2 33 44 Present ID card Doctor sends UnitedHealthcare When you have claim to doctor claim to pays provider from activity, you will UnitedHealthcare HRA receive a Health Statement. If HRA is spent UnitedHealthcare 1. Provider bills you applies network
Slide 25: FAQs
FAQs • Will my current Aetna HealthFund balance roll over to the new Yum! HRA Plan? – Yes. Watch for additional details during open enrollment. • What happens to the HRA if I leave the plan? – You lose the balance if you leave the company or change health plans. • If there is a balance in the HRA at
Slide 26: Summary
Summary Yum! continues to provide great healthcare benefits for you and your family • Decreased premiums for 70% of associates • Preventive care covered at 100% • Health Reimbursement Accounts of $750 or $1,500 • Same out-of-pocket maximums as 2010 • No lifetime limits on coverage • Eligible depende
Slide 27: Where to Go for More Information
Where to Go for More Information • Visit our new benefits website at http://ownyourhealth.yum.com • Review open enrollment materials arriving in your home by October 18 (open enrollment runs 10/18 – 11/5) • Call the U.S. Support Service Center at 888-372-5313 or send the benefits team an email at ss
Slide 28: Questions?
Questions? 4 e Take control of your health. Your money.