new halliburton benefits center! · pdf filenew halliburton benefits center! new benefit...

New Halliburton Benefits Center!

New Benef i t Admin is t ra to rs

New Globa l Med ica l P lan

New Globa l Denta l P lan

www.ha l l ibur ton .com/ to ta l rewards

Inside

2011 Benenfits GuideXX

• FLASH:ChangeComestoHalliburtonBenefitsAdministration

• ExcitingChangesareComingSoontotheHalliburtonR&SPlan

• BenefitServiceTransitionCalendar

• YourNewBenefitsWebsite

• ChooseYourCommunicationsChannel

Features

Inside

2011

• AnnualEnrollmentStepsforSuccess

• WhoPaysforOurHealthCarePlans?

• GlobalHealthPlanEvolves

• IncomeProtectionPrograms–HowMuchisEnough?

»

»»Benefits

Guide

Your New Benefits WebsiteOK,wegetit.Weunderstandthatthewayyouchooseandmanageyourbenefitsdiffersfromemployeetoemployee.Weunderstandthatyouneedinformationatyourfingertips–convenient,simpleandstress-free.We’vebuiltabrandnewone-stopbenefitswebsitetomeetyouronlineneedsandwehopeyouwillfinditmuchimproved.

BeginningwithAnnualEnrollmentonOctober27throughNovember17,2010,logontotheall-newHalliburtonTotalRewardswebsiteforsecureaccesstoallyourhealthandgroupbenefits.InJanuary,accesswillbeginforallyourhealthandgroupbenefits,aswellasyourretirementbenefits.

Toaccessthewebsiteforthefirsttime,youwillneedto:

• Gotowww.halliburton.com/totalrewards.

• Clickonthe“RegisterAccount”button.

• EnteryourSocialSecuritynumber.

• Enteryourlastname.

• Enteryourdateofbirth(MMDDYYYY).

NowthewebsitecanverifythatyouareaHalliburtonemployee.Atthispoint,youwillneedto:

• CreateauniqueUserNameofatleastsixcharacters.

• CreateauniquePasswordthatconsistsofatleastsixcharacters,whichmustincludeanumberandaletter.

• ProvideanswerstotwosecurityquestionsinordertoautomaticallyresetyourUserNameorPasswordifyouforgetit.

• Provideapersonale-mailaddress,inadditiontoyourworke-mailifyoulike.Choosea“Primary”e-mailwhereyouwantyourbenefitinformationsent.Your“Primary”e-mailwillalsobeusedtohelpyouresetyouraccountifyouforgetyourUserNameorPassword.

Onceyouregister,you’llseethehomepagetoyournewbenefitswebsite.Usethiswebsitefor2011AnnualEnrollment.BeginninginJanuary,you’llreceivenoticewhenyouhavefullaccessintotheretirementareaforyourHalliburtonR&SPlan.Later,duringthefirstquarter,you’llhaveaccesstotheTotalRewardsareatoviewyourtotalcompensationpackage.

Your initial login page looks like this:

Your new benefits website homepage:

www.halliburton.com/totalrewards

032011 U.S. Expatriate Benefits Guide

Overthelastfewyears,we’vebeenlisteningtoyouandidentifyingwaystoimprovethesupportyouneedwhenitcomestoenrollinginyourbenefits,gettingyourquestionsansweredandunderstandingtheoverallwayemployeebenefitsadministrationworksatHalliburton.

In2009,webeganaprojectthathasinvolvedmanymonthsofworkwithateamofHalliburtonemployeesfromvariousdisciplinesaroundtheCompany.Theteamconsideredseveralpotentialnewvendorsforourbenefitsadministrationworkkeepinginmindthefollowingobjectives:

• Easeofuse–apositiveexperiencerelatedtobenefitsadministration

• Complete,accurateandtimelyresolutionofquestionsandissues

• Clearcommunicationsregardingallbenefits

• CompetitivepricingfortheCompany.

Aftercarefulconsideration,HewittAssociateswillnolongerserveasthebenefitsadministratorasofJanuary1,2011.

Effectivewiththisyear’sAnnualEnrollmentperiod*andbeginningJanuary1,2011,thefollowingtwocompanieswilltakeoverthebenefitadministrationoftheCompany’splans:

• MercerwillmanagetheU.S.healthandgroupbenefitsplan

• FidelitywillmanagetheHalliburtonR&SPlan,andcontinuetomanagetheHalliburtonEmployeeStockPurchasePlan.

Webelievethesenewvendorswilldeliverenhancedcustomerserviceandbest-in-classtechnology,sothatmanagingyourbenefitsiseasy,understandableandstress-free.Withthischange,youwillnotice:

• One-stopwebsite,www.halliburton.com/totalrewards,toaccessallyouremployeebenefits

• Streamlinedenrollmentandeasy-to-usewebpages

• Oneglobaltoll-freenumbertoaccesscustomerservice

• ExpandedcustomerservicehoursplusonlinechatatMercer

• E-maildeliveryofbenefitsalertsandconfirmationsviatheaddressthatyouselectasyour“Primary”e-mailaddress(eitheryourworkorpersonale-mailaddress).

FLASH: Change Comes to Halliburton Benefits Administration

Changingbenefitadministratorsischallenging.WeareworkinghardtoestablishseamlessprocessesandensurethatdataistransferredfromHewitttoMercerandFidelity.Wearetakingallstepspossibletomakesurethatallcircuitsarewiredforsuccess.Pleasehelpusasweassembleabetterbenefitsworldforyoubyreviewingthispublicationandfollowingtheguidanceprovided.

Make your benefits transition smooth

• Logontowww.halliburton.com/totalrewardsduringAnnualEnrollmentandreviewyourbenefitinformation.

• Remember,ifyouarenotchanginganybenefits,youstillneedtore-certifytobaccostatusforyouandyourspouseifapplicable.

• Checkyourdataonline–coverage/enrollmentlevels,dependentsandbeneficiaries.

• Reviewthechartonpage5toknowwheretogoforhelpduringthistransition.

• BetweenOctober27throughDecember31,remembertocompletethetwo-stepprocessoutlinedonpage11ifyouareanewenrolleeorhaveanyallowablechanges.

• PrintyourR&SPlanstatementonDecember30.WhentheR&SPlanrestrictionperiodiscomplete,reviewyourR&SPlanaccountonlineandvesting.

* 2011 Annual Enrollment period is scheduled from October 27, 2010, through November 17, 2010.

2011 U.S. Expatriate Benefits Guide04

05

Duetofederalrequirements,youneedtoprovideSocialSecuritynumberstotheHalliburtonBenefitsCenterforeachofyourcovereddependentsovertheageof2years.

Halliburton Benefits Center

*+866-321-0964or857-362-5980(*Useyourcountry’sAT&Taccessnumberifdialinginternationally.)

7:30a.m.–7:30p.m.U.S.CentralTime(1:30p.m.to1:30a.m.GMT/BST)MondaythroughFriday

Halliburton Total Rewardswww.halliburton.com/totalrewards

DID YOU KNOW?

Use the calendar below over the next few months to identify where to go for benefit information or assistance.

MERCERwww.halliburton.com/totalrewards

*+866-321-0964 or 857-362-5980

MERCERwww.halliburton.com/totalrewards

*+866-321-0964 or 857-362-5980

FIDELITYwww.halliburton.com/totalrewards

*+866-321-0964 or 857-362-5980

HEWITThttp://resources.hewitt.com/halliburtonbenefits

*+866-373-3422 or 847-883-0702 or 800-535-8130

Make changes to your health care coverage, as well as re-certify tobacco status. Elections become effective January 1, 2011.

To have your ongoing health and groupbenefits questions answered.

To have your ongoing savings planquestions answered.

Annual Enrollmentfor 2011

October November December January 2011 forward

Health and Group Benefits

R&S Plan

Benefit Service Transition Calendar

*Use your country’s AT&T access number if dialing internationally.


Choose Your Communications Channel

Werecognizethat,asaU.S.Expatriateemployee,it’sachallengetostaybenefits-connectedwithyourworkandtravelschedules.Withournewbenefitadministrators,wehaveworkedtoimproveandexpandthewaywecommunicatebenefitinformationtoyouandyourfamily.Forexample,you’llsee:

• ExpandedhoursattheHalliburtonBenefitsCenter

• Onlinechattoassistwithyourquestionsabouthealthandgroupbenefits

• E-mailalertsandconfirmations.

Beginningwiththe2011AnnualEnrollment,you’llnoticethatthemajorityofyourbenefitcommunicationsmaybesentviae-mail.Payattentiontothesee-mails,astheywillalertyoutotakeactionorremindyouofimportantdeadlines.Forcertainchanges,youwillreceivee-mailconfirmation.Usetheinformationwithinyourbenefite-mailstologinandtaketherequiredactionsand/ortoverifythatyourchangesareaccurateandcomplete.

Ifyouprefertohaveyourbenefite-mailsdeliveredtoapersonale-mailaddress,besuretosetupyourpersonale-mailaddresseswithbothMercerandFidelity.

Takeamomenttocheckoutthedetailssurroundingyournewbenefitcommunicationchannels.

Halliburton Benefits Center

TotalRewardsWebsite www.halliburton.com/totalrewards

CustomerService Toll-freeat866-321-0964(useyourcountry’sAT&Taccessnumberifdialinginternationally)or857-362-5980

Monday–Friday1:30p.m.to1:30a.m.GMT/BST(7:30a.m.–7:30p.m.U.S.CentralTime)

OnlineChat www.halliburton.com/totalrewards Monday–Friday1:30p.m.to1:30a.m.GMT/BST(7:30a.m.–7:30p.m.U.S.CentralTime)

John.USEXPAT@WeCan’tFindYou.com Don’tmissoutonimportantbenefite-mails.Keepyoure-mailaddressesup-to-date!

DID YOU KNOW?BeginningJanuary1,2011,over-the-countermedicationsarenolongerconsideredaneligibleexpensefortheHealthCareSpendingAccount(HCSA).


Qualified Change-in-Status events

• Newlyhiredornewlyeligibleemployee

• TransferfromadomestictoaU.S.Expatriateemployee(orviceversa)

• Newbabyoradoptedchild

• Marriageordivorce

• BeginorreturnfromanunpaidLeaveofAbsence

• Dependentgainsorloseseligibilityunderanothergrouphealthplan

• Rehiredafter31dayssinceyourlastseparation.

Transitioningtonewbenefitadministratorsincludesanincrediblenumberoflargeandsmallchanges.Certainly,we’veworkedtoremoveasmanybumpsaspossibleforyou,butduringthelastpartof2010,youmayencountersomesituationsthatwillrequireyoutocompleteatwo-stepprocess.Failuretocompleteeachstepcouldmeanthatyour2010andnew2011benefitswon’tbeestablishedaccurately!

So,takealookatthesespecialsituationsbelowtoseeifyouwillneedtotaketheseimportantextrasteps,andhowtocontactthecurrentHalliburtonBenefitsCenteratHewitt,andthenewHalliburtonBenefitsCenteratMercertokeepyourbenefitsrunningsmoothlywithnobumps!ThesesituationsincludeQualifiedChange-in-Status(QCS)events,aswellasotherenrollmenteventsandchanges.

Here’salistofQualifiedChange-in-Statuseventstoremindyouofthetypesofsituationsthatqualify.RefertoExhibitAofyour2010HealthandGroupBenefitsSummaryPlanDescription*forafulllistofeligibleQCSevents.

*YoucanfindyourSummaryPlanDescriptionsonHalWorldat:http://halworld.corp.halliburton.com/benefits/default.aspx?navid=1050&pageid=1418

07

Changes During the Transition

Halliburton Benefits Center at

HewittHalliburton Benefits Center at

MercerStep 1 Step 2

http://resources.hewitt.com/halliburtonbenefits Toll free: AT&T Access Code +866-373-3422

or 847-883-0702

www.halliburton.com/totalrewardsToll free: AT&T Access Code +866-321-0964

or 857-362-5980

October 27 –November 17

Two-step process a must for these actions!

November 17 –December 31

• New Enrollments (2010 Benefits)

• Coverage Changes (2010 Benefits)

• Dependent Changes

• Beneficiary Changes

• Annual Enrollment (2011 Benefits)













Online or by phone

Online or by phone Phone only

Online or by phone


Exciting Changes are Coming Soon to Your Halliburton Retirement and Savings PlanWearepleasedtoannounceFidelityInvestmentswillbecomethenewproviderofrecordkeepingservicesfortheHalliburtonRetirementandSavingsPlan(the“R&SPlan”)beginningJanuary1,2011.Thistransitionispartofanoverallstrategydesignedtoenhancebenefitsdeliverytoparticipantsandprovideimprovedtoolsandresources,allatalowercost.

Fidelityprovides401(k)recordkeepingservicestomanyofthecountry’slargestbusinessesandhasthepeople,processesandtechnologytodeliverhigh-qualitycustomerserviceandretirementplanningtoolsthatweexpectforourparticipants.

ThetransitiontoFidelitywillofferyouseveralnewandenhancedservices,including:

• Leading-edgeonlineplanningtools–taketheguessworkoutofsavingforretirementwithFidelity’seasy-to-useonlineplanningtools.

• ExpandedHalliburtonBenefitsCenterhours–experiencedFidelityrepresentativeswillassistyouandanswerquestionsyoumayhaveaboutyourR&SPlanMondaythroughFridayfrom7:30a.m.to7:30p.m.CentralTime.

• ConsolidatedFidelityaccounts–ifyouhaveaHalliburtonEmployeeStockPurchasePlan(ESPP)accountorotherpersonalaccountswithFidelity,youwillbeabletoviewallofyouraccountssimultaneouslyandaccessyouraccountsfromthesameFidelityhomepage.

Inaddition,somethingsarenotchanging,forexample:

• Noinvestmentoptionchanges–investmentoptionsandtheinvestmentfirmsmanagingtheassetsintheR&SPlanwillremainthesame,soyourcurrentretirementsavingsinvestmentstrategywillnotbedisruptedbythetransition.

• Nochangetothecompanymatchorbasiccontribution–youwillcontinuetoreceivecompanymatchingandbasiccontributionsjustasyoudotoday.

• Nochangetootherfamiliarplanprovisions–therearenoplannedchangestotheenrollment,loan,hardshipwithdrawalorotherbasicplanprovisionswithwhichyouhavebecomefamiliar.

TakeNote

Inmid-NovemberyouwillbereceivingacomprehensiveTransitionGuideincludingadescriptionofnewservices,atimelineofimportantdates(includingtheopeningdatefortheBenefitsCenter)andwebandphoneaccessinformation.TheTransitionGuidewillalsoincludeinformationregardingashortperiodoftimeattheendofDecemberandbeginningofJanuaryduringwhichcertainplanactivitieswillberestricted,thisiscalleda“blackoutperiod”.InearlyJanuary,youwillreceivenotificationwhenthetransitioniscompleteandyournewaccesstoFidelityisavailable.

Weareveryexcitedaboutthechangesahead,andanticipatethatyouwillbepleasedastheHalliburtonRetirementandSavingsPlanandFidelityworktogethertohelpyoumaximizeyourR&SPlanbenefits.

Keepinmindthatinvestinginvolvesrisk.Thevalueofyourinvestmentwillfluctuateovertimeandyoumaygainorlosemoney.


2011 Benenfits Guide XX

Fidelity Investments welcomes Halliburton employees beginning January 1, 2011. Be on the lookout for more information about your 401(k) plan in mid-November.

Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfi eld, RI 02917 © 2010 FMR LLC. All rights reserved. 556743.1.0

Take control of your 401(k).

Let Fidelity be your guide.

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2011 Benenfits GuideXX

CompletethesestepsbetweenOctober27andNovember17,2010

*Unless you make active changes, your 2010 Optional Life and AD&D, LTD and FSA elections will continue for 2011.

**Add a personal e-mail address when logged on to the Halliburton Total Rewards site.

1. Readthis2011 U.S. Expatriate Benefits Guide magazine.

2. Considerwhatbenefitsyouneedanddiscusstheoptionswithyourfamily.

3. LogontothenewHalliburtonTotalRewardssite(www.halliburton.com\totalrewards).*

4. Verifytobacco-userstatusforyouandyourspouse.

5. Verifyyourmailingaddress,e-mailaddressandhomephonenumber.**

6. ConfirmtheeligibilityofyourdependentsandupdatetheirSocialSecuritynumbers.

7. Checktoensurethatyourbeneficiaryinformationisup-to-date.

8. CompleteyourHealthRiskAssessmenttoreceiveyour$100premiumcreditin2011.

9. FinishyourhealthandgroupenrollmentsnolaterthanNovember17,2010.

10.Remembertocompletethetwo-stepprocessatbothHewittandMercerforthedependent/beneficiaryorothercoveragechangesasoutlinedonpage11.

11.Printaconfirmationpagetodocumentyourbenefitchoices.

Annual Enrollment Steps for Success


Who Pays for Our HealthCare Plans?

TheGlobalMedicalandGlobalDentalPlansareself-funded.So,whatdoesthatmean?ThismeansthattheCompanyassumesthefinancialriskofprovidinghealthcarecoverageforyouandyourfamily,insteadofpayingapremiumtoaninsurancecompanytoassumethisrisk.CIGNAInternationalprocessesclaims,assistsinnegotiatingdiscountsaroundtheglobeandprovidescustomerservicetoyouandyourfamily,24hoursaday,7daysaweek.

ThemedicalanddentalclaimsarepaiddirectlyfromaHalliburtonbankaccountandtheseimpacttheCompany’sbottomline.Halliburtoncontinuestosubsidizethemajorityoftheplancosts,butcontrollingclaimcostsisasharedresponsibilitybetweenyouandtheCompany.Controllingclaimcostsalsosavesyoumoney,asyoupayasmallpercentageofthecostofthemedicalprogram.Sometipstohelpyoureduceyourclaimcostsinclude:

• IfyouaccesscareintheU.S.,besuretoutilizeprovidersintheCIGNAU.S.network.

• Getyourannualcheckupandscreenings.

• Considergenericalternativestobrand-namedrugs.

• CompleteyourHealthRiskAssessmentandreduceyour2011contributionsby$100.

• EnrollinoneoftheLiveWellprograms.

• Avoidtobaccoproducts.

• Bephysicallyactive.

• Eatfruitsandvegetables.

• Managestress.

DID YOU KNOW?UpdatingyouraddressandphonenumbersinEmployeeSelfService(ESS)updatesthisinformationwiththeHalliburtonBenefitsCenter,CIGNAInternationalandFidelityaswell.

$205 million

$38 million

Health Care Costs for HalliburtonTop $243 million

EmployeeContributions

EmployerContributions


U.S. Health Care Reform Impact


EvenifyouarelivingoutsidetheU.S.,webetyou’veheardaboutU.S.HealthCareReform,givenalloftheattentionthistopichasreceivedthroughouttheyear.TheCompanyisrequiredtochangesomeprovisionsofourU.S.medicalprogramstocomplywiththeHealthCareReformlegislation.AlthoughthechangesrequiredbyHealthCareReformmayhavesomepositiveeffectsforemployeesandtheirdependents,thesechangesaddcosttotheprogram.Infact,expertsagreethatCompanycostscouldriseasmuchas2%to6%eachyearasaresultofthislegislation.Additionalcostsareexpectedduetotheadditionofnewlyeligibledependentsandtheremovalofcertainannualandlifetimelimits.

Longer-Term ImpactAtthispoint,it’sdifficulttogaugethelong-termimpactasadditionalchangesaresettotakeeffectoverthenextseveralyearsthrough2018.Someoftheseprovisionsyoumayhavealreadyheardabout–forexample,amandatethateveryonehavehealthinsurance,andhelpforlow-incomeindividualstobuyinsurance.

Immediate ImpactTosimplifyplanadministrationunderthenewlegislation,effectiveJanuary1,2011:

• TheGlobalHealthPlanwillbesplitintotwoseparateplans:GlobalMedicalPlanandGlobalDentalPlan

• TheGlobalDefaultwillbeeliminated.

TherearealsochangesimpactinghowyouuseyourHealthCareSpendingAccount(HCSA).BeginningJanuary1,2011:

• Younolongerwillbeabletouseyourmoneyinyouraccountforover-the-counterdrugs.

• Youwillonlybeabletousemoneyinyouraccountforitemsthatareprescribedbyahealthcareprovider,orforinsulin.

BesuretoreadfurthertolearnmoreaboutthesechangestotheGlobalMedicalandDentalPlansandaboutmanagingyourout-of-pocketcostswithyourHCSA.

13

EffectiveJanuary1,2011,theGlobalHealthPlanwillbesplitintoseparateprograms:theGlobalMedicalPlanandtheGlobalDentalPlan.

ThischangewillprovideyoutheflexibilitytoelectcoverageineithertheGlobalMedicalPlanortheGlobalDentalPlan,orboth.

What’s important to know here is that the Global Default Plan will be eliminated as an option for your medical coverage, effective January 1, 2011.

Global Medical PlanMedicalplanssuchastheGlobalMedicalPlanarerequiredtocomplywiththerecentlyenactedHealthCareReformAct.Therefore,thefollowingwillbecomeeffectiveJanuary1,2011:

• Dependentchildrenwillbeeligibleforcoverageuptotheir26thbirthday.(Thiseligibilityalsoappliestovisioncoverage.)

• Noannualorlifetimedollarlimitsoncoverage,meaningtheGlobalMedicalPlancannotlimitthetotalamountitpaysyouonanannualbasis,norduringyourlifetime.

• InsideU.S.TreatmentforPreventiveCarewillbepaidat100%,withthedeductiblewaived.

Global Dental PlanTheGlobalDentalPlanwillprovidethesamelevelofcoverageasthecurrentdentalprogram.However,eligibledependentchildrenmaycontinuedentalcoverageuptoage26.Allotherplanprovisionswillremainthesameascurrentlyavailable.

Annual Enrollment PeriodDuringtheAnnualEnrollmentPeriod(October27,2010throughNovember17,2010),ifyouarecurrentlyenrolledintheGlobalHealthPlan,youwillautomaticallybeenrolledinboththeGlobalMedicalPlanandtheGlobalDentalPlan.

Ifyouwanttochangehowyouareenrolledorchangeyourcoveragelevel,youneedtotakeactionduringtheAnnualEnrollmentperiod.Ifyoutakenoaction,thenyouwillremainintheGlobalMedicalandDentalplansthroughout2011,unlessyouhaveaQualified-Change-in-Status(QCS).

Aspreviouslymentioned,theGlobalDefaultPlanwillnolongerbeavailableasamedicaloption.Ifyouarecurrentlyenrolledinthisplan,youmusttakeactionduringAnnualEnrollmenttoelectyournewmedicalanddentalcoverage.YouwillnotdefaultintotheGlobalMedicalPlanortheGlobalDentalPlan.Ifyoudonotelectnewmedicalanddentalcoverage,youwillhavenocoverageduring2011,unlessyouhaveaQCSevent.

Global Health Plan EvolvesGLOBAL MEDICAL PLANOutside U.S. Treatment Inside U.S. Treatment

EligibleParticipants EmployeeandDependents

CalendarYearDeductible $0 $500perperson$1,000perfamily

PlanPays 100% 80%afterdeductible

CalendarYearOut-of-PocketMaximum(includesdeductibleandMHSA)

Notapplicable $2,750perperson$5,500perfamily

MentalHealthandSubstanceAbuse(MHSA)

100% 80%afterdeductible

PreventiveCareExams 100% 100%;deductiblewaived

Immunizations 100% 100%;deductiblewaived

PrescriptionDrugs:Retail

MailOrder

100%;claimsreimbursedthroughCIGNAInternational

Notavailable

Generic:$15co-pay

PreferredBrand:25%co-pay($25minimumand$100maximum)

NonpreferredBrand:45%co-pay($45minimumand$100maximum)

Generic:$30co-pay

PreferredBrand:25%co-pay($65minimumand$200maximum)

NonpreferredBrand:45%co-pay($115minimumand$250maximum)

ChiropracticServices 100% 80%afterdeductible

HospiceCare,SkilledNursingFacilityandHomeHealthCareBenefits

100% 100%

TMJTreatment 100% 80%afterdeductible

DependentChildren Eligibleuntilage26aslongastheydonothaveaccesstoothercoveragethroughtheiremployer.

VisionExam(frames,lensesandsurgeryexcluded)

Upto$200perpersonpercalendaryear100%deductiblewaived

GLOBAL DENTAL PLANEligibleParticipants EmployeeandDependents

CalendarYearDeductibleCalendarYearMaximum

$50perperson$1,500perperson

• PreventiveCare• BasicCare• MajorCare

100%;deductiblewaived80%afterdeductible50%afterdeductible

• Orthodontia

• OrthoLifetimeMaximum

Fordependentsunderage19yearsofage50%;deductiblewaived$1,500perperson


Enroll / Save / SpendManageyourout-of-pocketcostswithtax-freedollarsthroughFlexibleSpendingAccounts(FSAs).HealthCareFlexibleSpendingAccounts(HCSAs)andDependentDayCareFSAsoperatedifferentlybutbothprovideyouanaffordableandtax-efficientwaytopayforeligiblehealthcareanddaycareexpenses.

Health Care Spending Account (HCSA)TocomplywiththeHealthCareReformlegislation,thefollowingchangeswilltakeeffectiveJanuary1,2011.Atthattime,youwill:

• OnlybeabletousethemoneyinyourHCSAforitemsthatareprescribedbyahealthcareproviderorforinsulin

• NolongeruseyourHSCAtopayforover-the-counterdrugs

*RulessetforthintheInternalRevenueCodeprovidethatthebenefitsprovidedintheDependentDayCareFSAcannotdiscriminateinfavorofhighlycompensatedemployees(asdefinedintheIRC).ThePlanreservestherighttoprospectivelycutbackorrefundcontributionsmadetotheDependentDayCareFSAbyhighlycompensatedemployeesifsuchactionisnecessarytomaintainthetax-qualifiedstatusoftheDependentDayCareFSA.

ItisimportanttorememberthatifyoudonottakeanyactiontochangeyourFSAorHCSAelectionsduringAnnualEnrollment,theelectionsyoumadefortheseprogramsforthe2010planyearwillautomaticallyrolloverforthe2011planyear.Further,InternalRevenueCoderulesprovidethatyouwillnotbepermittedtomakechangestotheautomaticallyrolled-overelectionsunlessyouhaveaQualifiedChange-in-Statusevent.Thus,itisimportantforyoutoreviewyourcurrentelectionsandmakenecessarychangesduringAnnualEnrollmentifyourcircumstanceshavechanged.

Flexible Spending Accounts

Health Care Flexible Spending Accounts (HCSAs) Dependent Day Care FSA*

Whocanparticipate? AllU.S.Expatriates Ifyouanticipateeligibledependentdaycareexpenses

Whathappenstounusedcontributions?

Ifyoudonotspendallthemoneyyouhavesavedfortheyear,itisforfeited.

Contributiontype Pre-taxpayrolldeductions

HowmuchcanIcontribute? $120to$5,000peryear $120to$5,000peryear

Whatexpensesareeligible? Afullrangeofqualifiedmedicalexpenses–asqualifiedbytheU.S.governmentandincurredduringthecalendaryear

Anyeligibledependentdaycareexpenses–asqualifiedbytheU.S.governmentandincurredduringthecalendaryear

Whenareexpensesreimbursed? Alleligibleexpensesarereimbursedwhenyoufileaclaimoruseyourdebitcarduptothefullamountofyourannualcontribution,regardlessoftheactualamountofmoneythathasbeendepositedintoyouraccountthroughpayrolldeductions.

Alleligibleexpensesarereimbursedwhenyoufileaclaim.However,reimbursementscanonlybemadeasyourpre-taxcontributionsbecomeavailablefrompayrolldeductions.

WherecanIgetmoreinformation? VisittheIRSatwww.irs.ustreas.govanddownloadPublication502andPublication503.

DID YOU KNOW?TheLiveWellwellnessprogramoffersonlinelifestylehealthcoachingtoyouandyoureligiblefamilymembersatnoadditionalcost.

14 2011 U.S. Expatriate Benefits Guide

2011 Benenfits Guide XX

BeginninginJanuary,administrationforHealthCareSpendingAccount(HCSA)andDependentDayCareFSAwillbeadministeredbyPayFlex.

PayFlexprovidesFSAservicesthatincludethePayFlexdebitcard,e-mailnotificationsforparticipants,andmanyonlineresourcestohelpyoumanageyourFlexibleSpendingAccounts.YouwillfindtheseFSAresourcesbyclickingonHealth&GroupBenefitsatwww.halliburton.com/totalrewards.DiscovereverythingyouneedtomanageyourFSAaccountsincluding:

• Accountinformation

• FSAtutorial

• Savingscalculator

• Expenseplanningworksheets

• Listingofeligibleandineligibleexpenseitems

• Frequentlyaskedquestions

• Administrativeformsandpublications

• IRSformsandpublications.

Remember,youcanenrollormodifyyourFSAelectionsduringtheAnnualEnrollmentperiod.Ifyouarecurrentlyenrolledanddon’tmakeanychanges,yourcurrentFSAelectionswillcarryoverfor2011.We’veansweredsomequestionswethoughtyoumighthave.

PayFlex – Make the New Connection for Flexible Spending Accounts (FSAs)

Will I have a new debit card to use?

Yes,youwillreceiveanewPayFlexMasterCarddebitcardwhichwillbemailedtoyoutheweekofDecember13.Yourcurrent2010YSAdebitcardwillnolongerbeeligibleforusein2011.

Can I use my new PayFlex card for both my Health Care Spending Account and my Dependent Day Care Spending Account?

Yes,youmayuseyourPayFlexcardforbothaccounts.However,yourdependentdaycareexpensemustbeincurredinthecalendaryear.YourdependentdaycareproviderneedstoacceptMasterCarddebitcardsandbeidentifiedasa“childcareprovider”formerchantprocessingpurposes.Remember,youcanonlyuseyourPayFlexcardforuptotheamountavailableinyourDependentDayCareAccountatthetimeoftheexpense.

How do I access the balance in my account?

Gotowww.halliburton.com/totalrewards,andclickonHealth&GroupBenefits,selectResourceCenter,andthenchooseFlexibleSpendingAccount/PayFlex.

How do I submit a claim online?

OnceyouhavechosentheFlexibleSpendingAccountpage,lookfortheExpressClaimstool.Thistooloutlineseachstepyouneedtotake.

Will I receive additional information regarding the FSA administrator transition?

IfyouhaveabalanceremainingineitherofyourflexiblespendingaccountsinNovemberofthisyear,youwillreceiveaseparatemailingthatwilloutlinehowtoworkthroughthetransitionofFSAadministrators.


Weight ManagementDiets are temporary. Healthy weight loss is permanent. With this program, you can lose weight and learn how to keep it off with health habits that become your new way of life. Tobacco Cessation Quit for life, quit for good. We know quitting a tobacco habit isn’t easy. We can help turn the possibility into reality. Physical Activity Feeling lethargic – energize your life. You can learn how to put energy back into your life by learning physical activities that lead to a more energized you.

To get started on your path toward a healthier life, take the online HRA and get a personal health profile that will help you and your coach understand your health. Then, based on your results and needs, you can enroll into a lifestyle management program. For more information, call 866-724-8901 or log on to www.nwbetterhealth.com/portal/halliburton.

Healthy Eating Love food? Learn how to improve your eating habits. You will learn the right foods to eat and the correct way of eating. Stress ManagementControl your stress – control you life. We know managing stress isn’t easy and we can help turn the possibility into YOUR reality.

Sleep ApneaA full night’s sleep is not a luxury – it’s a basic necessity for healthy hormone balance. Once you dip below seven hours a night, you are increasing your risk of diabetes, cancer, heart disease, stroke, depression and obesity.

Health Risk Assessment (HRA) Log on to a healthier life.



incentive for completing your health risk assessment

When you take the Health Risk Assessment (HRA) at www.nwbetterhealth.com/portal/halliburton between October 27 and November 30, 2010, you’ll receive a $100 reduction in the amount you pay for the Global Medical Plan on an annual basis.

Taking the HRA makes good sense for your budget and your life. The path to good health starts with assessing your lifestyle and making positive behavioral changes.

A health risk assessment is a confidential assessment in which you answer questions about your health, lifestyle and readiness for improvement. The information you provide will help the program identify your health risk factors and assess your likelihood of developing chronic conditions such as heart disease, high blood pressure and diabetes. Upon completing the HRA, you will receive a report that outlines your personal results.

Log on today!www.nwbetterhealth.com/portal/halliburton

$100


Perhapsyouarereadingthisarticlewhilerunningonatreadmilloreatinganapple?Well,allofusgenerallyneedhelpwithimprovingourhabitsandlifestyleswhenitcomestohealth.That’swhythisarticlefocusesonhealthylifestyleswiththewellnessbenefitprogramcalledLiveWell.

Why focus on wellness?

WellnesspaysoffforbothyouandtheCompany.Thinkaboutit:

• ThecosttotheGlobalMedicalPlanforlifestyle-relatedillnessessuchasobesity,tobaccouseanddiabetescontinuestoincrease–andyoushareinthatcost.

• Healthyemployeesarehappier,moreproductiveemployees.

How does LiveWell work?

TheLiveWellprogramprovidesseveraldifferentwaystohelpyouadopthealthierhabits,maintaintheonesyouhaveinplace,ortakeanexistinghealthyroutinetothenextlevel.

Health Risk Assessments

AHealthRiskAssessment(HRA)isashortonlinequestionnairethatwillidentifythekeyhealthrisksyouface.YourindividualanswersareconfidentialandarenotsharedwiththeCompany.WhenyoucompleteyourHRA,itprovidesyouimmediateonlinefeedback.Ifyougatherandinputyourlatestweight,bloodpressure,cholesterolandglucoselevelsfromyourlastdoctorvisitforinput,yourassessmentresultswillbeevenmorecomplete.

TherearetwopayoffswhenyoucompleteyourHRA.First,ifyoucompleteyourHRAbetweenOctober27andNovember30,theCompanywillreduceyourcostforcoverageundertheGlobalMedicalPlanby$100!So,during2011,yourpayrolldeductionsfortheGlobalMedicalPlanwillbereducedby$100.

ThesecondpayoffisthatyourHRAresultsprovideyouimmediatefeedbackthatcategorizesyourhealthrisks.Youmayfindyoudon’tknowyourbodyaswellasyouthought.You’llemergewiththeknowledgetostrengthenyourhealthandtolivewell.YourHRAresultscanalsohelpyoudecidewhichofthelifestylemanagementprogramsnotedinthisguidecouldbenefityouthemost.Andremember,yourHRAresultsareneversharedwiththeCompany.

Wellness Benefit for U.S. Expatriates

TotakeyourHRA,beginningOctober27throughNovember30,logontowww.halliburton.com/totalrewards,selectthe“HealthandGroup”blockandthenclickontheHealthRiskAssessmentlink,completethequestionnaireandearnyour$100premiumcredit!

Lifestyle Management ProgramsTheLiveWelllifestylemanagementtelephonicandonlineprogramsfromNationwideBetterHealthcanhelpyoureachyourgoalsforahealthylifestyle.Byworkingthroughtheseresources,you’llgetthesupport,encouragementandguidanceyouneed.Youcanchoosetoenrollandparticipateinthefollowingareas:

• Tobaccocessation• Weightmanagement• Healthyeating• Stressmanagement• Physicalactivity• Sleepapnea

See?Itisasimpleequation!CompletingyourHRAandparticipatingintheonlineLifestyleManagementprogramsadduptoahealthierlife.So,whatareyouwaitingfor?VisitLiveWellatwww.halliburton.com/totalrewardstofindyourhealthylivingformulaandgetstarted!

Monthly WebinarsOnthethirdTuesdayofeverymonth,youareinvitedtoattendanonlinewebinar.Theselivelywebinarsfocusonawiderangeofhealth-relatedtopics,suchasphysicalactivity,improvingyoureatinghabits,wellnessinvestmentsunder$100,preventingcardiovasculardisease,stressmanagementandmore.Formoreinformation,checktheTodaynewsletterandHalWorld.

Equation – It’s simple math: Live + Well = LiveWell.

Halliburtonprovidesyouwithaccesstoatobaccocessationprogramatnocosttoyou.

DID YOU KNOW?


Halliburton is committed to promoting healthy lifestyles.

Tobacco-free employees enrolled in the Global Medical Plan will receive a 20% medical premium discount for remaining tobacco-free. To qualify for the nontobacco-user discount, you and your spouse must certify that you have not used any tobacco products since December 31, 2009, and that you and your spouse will continue to refrain from using any tobacco products while you are receiving the nontobacco-user discount. This certification is subject to Halliburton’s Code of Business Conduct.

Certain exceptions may be available if it is unreasonably difficult or medically inadvisable for you to quit tobacco products. If you currently use tobacco products, Halliburton can help you quit with a selection of tobacco-cessation programs.

eliminatetobacco.save money.


“CIGNA” refers to CIGNA Corporation and/or its subsidiaries and affi liates. CIGNA International and CIGNA International Expatriate Benefi ts (CIEB) refer to these subsidiaries and affi liates. Products and services are provided by these subsidiaries, affi liates and other contracted companies and not by CIGNA Corporation. “CIGNA” is a registered service mark. CIEB’s web-based tools, such as CIGNA Envoy®, are available for informational purposes only. CIEB’s web tools are not intended to be a substitute for proper medical care provided by a physician.

Copyright 2010 CIGNA Corporation. 101207 7/10

● Submit a Claim

● Print ID Cards

● Download Forms

● Find a Doctor

● Securely Communicatewith CIEB

● Translate Medical Phrases

● Listen to Podcasts

www.CIGNAenvoy.com1.800.441.2668 | 001.302.797.3100

101207-Haliburton Ad 1 7/30/10 3:30 PM

Register to use CIGNA International’s CIGNAEnvoy website to manage your health plan information.


21

Whenwasthelasttimeyoutooksometimetothinkaboutyourincomeprotectionbenefits?

Mostofusdon’tgiveitmuchthoughtwhileourbusylivesflybyyearafteryear.However,aswegothroughthevariousstagesoflife,ourneedsforadditionalincomeprotectionsuchaslifeinsurance,long-termdisabilitycoverage,andaccidentaldeathanddismembermentcanchange.

Whatisrightforyouandyourfamilythesedays?Afatherwithseveralyoungchildrenandaspousewhodoesn’tworkmaywanttobesurethatifsomethinguntimelyhappenstohim,hisfamilycancontinuewithoutfinancialburden.AyoungunmarriedpersonmayfindthattheCompany-providedlevelsofincomeprotectionbenefitsaremorethansufficientashisorherresponsibilitiesmaybelightincomparison.Apersonwhosechildrenaregrownandlivingontheirown,andwhosespousehascoveragethroughhisorherjobmaydecidethatonlyabitofoptionalincomeprotectionisuseful.Whataboutyou?Areyoupurchasingtoomuchornotenoughcoverage?

Takealookatthesummariesbelowtoreviewyourincomeprotectionofferings.Whenyoulogontowww.halliburton.com/totalrewardsduringAnnualEnrollmenttoreviewormakechanges,makeuseoftheestimatortoolsforOptionalLifeorLong-TermDisabilitytohelpestimatewhatbenefitamountsmaybeappropriateforyouandyourfamily.

Life Insurance GroupTermLifeInsuranceprovidesfinancialprotectionforyouandyourfamilyintheeventofadeath.BasicEmployeeLifeInsuranceprovidesaCompany-paidbenefitofonetimesyourannualbenefitbasepayor$50,000,whicheverisless.Ifyouwantadditionalfinancialsecurity,reviewthecharttotherighttoseethelevelsofOptionalLifeinsurancethatyoucanpurchaseforyourself,yourspouseand/oryourchildren.

Accidental Death and Dismemberment (AD&D) Insurance AD&Dinsurancepaysabenefittoyouifyouareseriouslyinjuredinanaccidentortoyourbeneficiaryintheeventofyourdeathfromanaccident.TheCompanyprovidesBasicAD&Dcoverageequaltoyourannualbenefitbasepay,upto$200,000.YoumaypurchaseOptionalAD&Dinsuranceforyourself,yourspouseand/oryourchildren.

AD&Dcoveragealsohasothermiscellaneousbenefitsthatmightbehelpfultoyouandyourfamily.Forexample,theeducationbenefitunderthepolicyprovidestrainingoreducationasfollows:

• Foryourchildren:Ifyoudieinacoveredaccident,AD&Dwillpayanextrabenefitforeachinsuredchildwhoenrollsinaschoolofhigherlearningbeforeheorsheis25.Oncesuchbenefitbegins,theProgramwillincreasethisbenefitamountby10%or$10,000peryear,whicheverisless,foreachqualifyingchild.Thisbenefitispayableeachyearforfourconsecutiveyears,aslongasyourchildcontinueshisorhereducation.TakealookattheothervariousbenefitclausesintheAD&DprogrambyreviewingtheSummaryPlanDescriptiononHalWorldathttp://halworld.corp.halliburton.com/benefits/default.aspx?navid=1050&pageid=1418.

Income Protection Programs:

How Much is Enough?

Coverage For Optional Life Insurance

Employee* Incrementsof1to6timesannualbenefitbasepay,upto$3million,includingyourBasicEmployeeLifeInsurance

Spouse* $10,000orfrom1/2to3-1/2timesemployee'sannualbenefitbasepay.Coveragecannotexceedthelesseroftheemployeecoverageamount(includingBasicEmployeeLifecoverage)or$250,000

Child(ren)underage19(orunderage25iffull-timestudent)

$10,000

Coverage For Optional Accidental Death and Dismemberment (AD&D)

Employee Inincrementsof$50,000,from$50,000tothelesserof$1millionor10timesyourannualbenefitbasepay

Spouse In$50,000increments,from$50,000tothelesserof$1millionor10timesemployee’sannualbenefitbasepay

Child(ren)underage19(orunderage25iffull-timestudent)

$50,000

*Mayrequireevidenceofinsurability(EOI)

Long-Term Disability InsuranceTheLong-TermDisability(LTD)insuranceprogramisdesignedtohelpifyouareunabletoworkduetoadisabilitythatkeepsyouawayfromthejobformorethansixmonths.LTDreplacesapercentageofyourpre-disabilityincomeifyouaredisabledandcannotworkforanextendedperiodoftime.

HalliburtonprovidesCompany-paidLTDcoverageof40%ofyourannualbenefitbasepay.YoumaybuyadditionalcoveragetoincreaseyourLTDbenefittoeither50%or60%ofyourannualbenefitbasepay,subjecttocertainevidenceofinsurability(EOI)requirements.IfyoubecomedisabledunderthetermsoftheHalliburtonEnergyServicesInc.WelfarePlan,themaximumLTDbenefitpayableis$25,000permonth.

Optional Life Insurance

Optional Accidental Death and Dismemberment (AD&D)


2011 Benenfits Guide22

Marriage and family issues · CommunicationStress · Parent/child relations · Personal tragedy

Legal concerns · Depression · Eldercare · AlcoholismWorry and guilt · Substance abuse · Death/grief

Financial problems · Separation and divorce

Employee Assistance Program281-575-3200 or 866-761-4540

http://halworld.corp.halliburton.com/eap

For life’schallenges

at homeand at

Halliburton

ThiscommunicationprovidesabriefoverviewofthebenefitchoicesthatwillbeofferedtoeligibleHalliburtonU.S.expatriateemployeesfor2011.Itisnotacompletedescriptionofthechoicesoracompletedescriptionoftheplans—whichwillbeavailableinyourSummaryPlanDescriptions.

Summary of Material Modifications

This communication is a summary of the material modifications made to the Halliburton Energy Services, Inc. Welfare Benefit Plan and the Halliburton Retirement and Savings Plan. This summary revises and replaces certain text in the Plan’s summary plan descriptions. To the extent that materials in the Plan’s summary plan descriptions and this brochure conflict, the information in this brochure will govern. Thus, please keep a copy of this brochure as a supplement to your Plans’ summary plan descriptions.

Foranswerstoimmediatequestionsaboutyour2010benefits,pleasecalltheHalliburtonBenefitsCenterat1-800-535-8130,MondaythroughFriday,from8:30a.m.–5:00p.m.CentralTime.YoucanalsosubmityourinquiriestotheHalliburtonBenefitsCenterviatheYourBenefitsResourcesTM(YBR)siteathttp://resources.hewitt.com/halliburtonbenefits.OnceyouenteryourUserIDandpassword,choosethe“ContactUs”menuoptionontheleft-handsideofyourscreenandyoucanthenchoosetheoption“UseE-mailtoSendaQuestiontoaBenefitsRepresentative.”Youwillreceivearesponsetoyourinquirywithin24businesshours.

Forquestionsaboutyour2011AnnualEnrollmentandhealthandgroupbenefits,pleasecontactthenewHalliburtonBenefitsCenter,MondaythroughFriday,at866-321-0964(ifdialinginternationally,useyourcountry’sAT&Taccessnumber)or857-362-5980,from7:30a.m.to7:30p.m.CentralTime.Youcanalsologontowww.halliburton.com/totalrewardsforinformationortoinitiateachatsession.

EveryefforthasbeenmadetoprovideclearandaccurateinformationaboutHalliburton’sbenefitplans.However,intheeventofadiscrepancybetweenthismaterialandtheofficialplandocuments,theofficialplandocumentswillgovern.Therearenoguaranteesthatparticipationunderthebenefitplansdescribedinthismaterialwillremainunchangedinfutureyears.Halliburtonreservestherighttochange,suspend,amendorterminatetheplansdescribedinthismaterialatanytime,inwholeorinpart.Thismeansthattheplansmaybe:

• Discontinuedintheirentirety;

• Changedtoprovidedifferentlevelsofbenefits;

• ChangedtoprovidefordifferentcostsharingbetweentheCompanyandparticipants;or

• Changedinanyotherway.

AnysuchchangeorterminationshallbesolelyatthediscretionoftheCompany.Youwillbenotifiedifanysuchchangeorterminationoccurs.

H0791809/10

M259304

PrintedintheU.S.A.

WrittenbyGlobalBenefits

ProducedbyHalliburtonCommunications

©2010Halliburton.AllRightsreserved.

2011 Special Enrollment for Dependents

2011 Special Enrollment for D

ependents

The Patient Protection and Affordable Care Act allows extended dependent coverage for children to age 26 effective January 1, 2011. If your dependent(s) coverage ended, was denied or they could not participate in Halliburton’s medical programs because plan terms did not extend coverage to dependent(s) up to age 26, you are now eligible to enroll your dependent child(ren) in the same Halliburton medical program you are eligible for.

Adult children are not required to live with their parents, not required to be dependents on their parent’s tax return, and are not required to be a student.

You have 30 days to enroll your dependent. Please note because the general Annual Enrollment window closes before the end of this 30-day special enrollment period you still have the right to enroll your dependent, by contacting the Halliburton Benefits Center through November 30, 2010.

new halliburton benefits center! · pdf filenew halliburton benefits center! new benefit...

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