2022 benefits guide.

2022 benefits guide.Full-time – Best Buy Health

Focused on your well-being.Support for you and your loved ones.

1 532022 Benefits Guide.Full-time – Best Buy Health

Medical

At Best Buy, we want to help you live a happy, healthy, productive life that balances work and home.

When life happens: Best Buy offers benefits to support your overall well-being.

Use this Benefits Guide to explore your options.


Eligibility and timing.Now is the time to consider your elections for medical, dental, vision, life insurance and a variety of other benefits. Be sure you know when to enroll and who is eligible for coverage.

Enrolling in benefits.When you enroll and when your benefits begin will vary, as shown below:

Situation

You are a current employee and it’s Benefits Annual

Enrollment

You are newly hired with a hire date on or

after Jan. 1, 20221

You’ve had a life change (referred

to as a qualified status change)

When to enroll Sept. 20–Oct. 1, 2021Within 30 days following your

hire date

Generally, within 30 days after the qualified status

change2

Benefits begin Jan. 1, 2022

The first of the month following your hire

date. If your hire date falls on the first

of the month, you are eligible on your

hire date

On the date of the status change

1 . S e e t h e N e w H i r e s e c t i o n b e l o w f o r t i m i n g a n d e l i g i b i l i t y f o r h i r e d a t e s p r i o r t o J a n . 1 , 2 0 2 2 .

2 . Yo u h a v e 6 0 d a y s t o m a ke c h a n g e s f o r t h e b i r t h o r a d o p t i o n o f a c h i l d o r f o l l o w i n g t h e d e a t h o f a s p o u s e /d o m e s t i c p a r t n e r o r c h i l d .

The benefits you choose stay in place for the entire calendar year. You can only make changes to your benefits or covered dependents at the next Benefits Annual Enrollment, or if you have a qualified status change.

c o n t i n u e d o n n e x t p a g e

Ready to Take Action?

Or return to benefitsguide.bestbuy.com and click Enroll Now.

Enrollment Checklist for Health and Welfare Benefits:

Review the Health and Welfare Benefits in this guide.

Use ALEX, your interactive benefits counselor, to get recommendations on the best plans for you.

When your enrollment period is open and you’re ready to make your choices, log in to the Health and Welfare Benefits Website using your Best Buy username and password.

http://benefitsguide.bestbuy.com

https://www.myalex.com/ibenefittool/2022

https://bbyfed.bestbuy.com/idp/startSSO.ping?PartnerSpId=saml.alight.com&TargetResource=https://sso.alight.com/portal




Who’s eligible.You are eligible for Best Buy’s health and welfare benefits if you are classified as a full-time employee. And if you sign up for benefits for yourself, you can also cover your dependents, including your:

• Spouse: Your legally married spouse, including a common-law spouse in states that recognize common-law marriages.

• Domestic Partner: Your domestic partner of any gender, if your relationship qualifies. Costs for medical coverage for domestic partners are deducted post-tax. Employees who cover their domestic partners will have imputed income reported on their W-2 equal to the value of the benefit premiums the company is paying to insure the domestic partner.

• Dependent Children under age 26: Your children who are:

– Your children by birth, legal adoption (including children placed with you prior to adoption) and stepchildren

– Your covered domestic partner’s children

– Legal wards for whom you provide over 50 percent financial support and claim as a tax dependent, whether or not they live with you

Note: Under special circumstances, employees may continue to cover dependent children age 26 and older.

Dependent verification may be required, with additional requirements provided by mail following enrollment, including what documentation is needed to verify your dependents’ eligibility (such as marriage license, proof of joint ownership or birth certificate). For questions, call the Benefits Center at 1-866-475-6733.

Benefits Annual EnrollmentAnnual Enrollment is Sept. 20–Oct. 1, 2021. This is your once-a-year opportunity to enroll in or change many of your Best Buy benefits.

If you are new to Best Buy benefits for 2022 (including employees currently enrolled in Great Call benefits), and you don’t enroll by Friday, Oct. 1, at 6 p.m. CT:

• You will not have medical, dental or vision coverage in 2022,

• You will not be able to participate in the Health Care FSA, Dependent Care FSA, HSA or Purchased PTO program in 2022, and

• You will not be able to enroll or make changes until the next Benefits Annual Enrollment period, unless you experience a life change.

If you are enrolled in Best Buy benefits for 2021 (existing Blue Cross, UHC and Bind health plans) and you don’t enroll by Friday, Oct. 1, at 6 p.m. CT:

• Your medical, dental, vision and other elected plans will carry forward to 2022,

• You will not be able to participate in the Health Care FSA, Dependent Care FSA or Purchased PTO program in 2022, and

• Your HSA contribution (if you are in Health Plan 3) will default to $0 beginning Jan. 1, 2022.



New hire.Your benefits start date and enrollment deadline vary according to your hire date.

Hire dates Jan. 1, 2022 and after: You are eligible the first of the month following your hire date. If your hire date falls on the first of the month, you are eligible on your hire date. You have 30 days (including your hire date as day one) from your hire date to enroll. Find your Hire Date on Best Buy Connect (connect.bestbuy.com) under My Account. If you are a current employee who recently became full-time, use your Status Change Date as your Hire Date.

Sample Hire Dates Benefits Start Date Enrollment Deadline

Jan. 1, 2022 Jan. 1, 2022 Jan. 30, 2022

Jan. 2, 2022 Feb. 1, 2022 Jan. 31, 2022

Jan. 31, 2022 Feb. 1, 2022 Mar. 1, 2022

H i r e d a t e s p r i o r t o J a n . 1 , 2 0 2 2 : R e f e r t o y o u r n e w h i r e b e n e f i t s p a c ke t m a t e r i a l s f o r y o u r e l i g i b i l i t y a n d s t a r t d a t e s . S o m e B e s t B u y H e a l t h r o l e s w i l l b e e l i g i b l e t h e f i r s t o f t h e m o n t h f o l l o w i n g y o u r h i r e d a t e w i t h 3 0 d a y s t o e n r o l l . I f y o u a r e i n a r o l e t h a t i n c l u d e s B e s t B u y ’s h e a l t h a n d w e l f a r e b e n e f i t o f f e r i n g s i n 2 0 2 1, p l e a s e s e l e c t C h a n g e Yo u r C a t e g o r y a b o v e a n d v i e w t h e Fu l l -Ti m e B e s t B u y B e n e f i t s G u i d e v e r s i o n f o r y o u r e l i g i b i l i t y a n d e n r o l l m e n t t i m i n g . C o n t a c t y o u r h i r i n g m a n a g e r o r H R B u s i n e s s P a r t n e r w i t h q u e s t i o n s .

Life changes.You can change benefit elections during the year if you have a qualified status change. Here are some examples of life changes that qualify:

• You get married or divorced

• You have or adopt a baby

• Your spouse or domestic partner gains or loses their benefits coverage (Note: Their benefits annual enrollment period qualifies for this purpose)

• You or a dependent reach age 26 and lose current coverage

In general, if you have a qualified status change, you need to make your benefits changes within 30 days after the event. Newborns are automatically covered under your medical plan for the first 60 days. You have 60 days to make changes for the birth or adoption of a child or following the death of a spouse, domestic partner or child. Benefits will begin on the date of the status change.

To view a complete list of qualifying events, log in to the Health and Welfare Benefits Website using your Best Buy username and password. Choose Life Changes and review the options under each tab. If you do not see a life change that pertains to your situation, call the Benefits Center at 1-866-475-6733 for support.

http://connect.bestbuy.com



Enrollment tools and resources.As you review your health and welfare benefits for 2022, Best Buy offers tools and resources to help you feel confident in your decisions.

ALEX®.ALEX, your interactive benefits counselor, starts by asking you questions about your personal situation and preferences, like which state you live in, who you plan to cover, how many doctor visits or prescriptions you expect for the coming year, if you want to estimate what would happen if you need emergency care, and whether you’d be interested in contributing to a Health Savings Account (HSA). Then, ALEX teaches you more about how the plans work and even makes recommendations for you. At the end, you’ll have a summary you can reference when you enroll.

ALEX can help you:

• Choose which medical, dental and vision plans may be best for you and your family

• Decide if you should enroll in the Health Care and Dependent Care Flexible Spending Accounts and, if so, how much you should set aside

• Calculate how much life insurance you need based on your personal situation

• Learn how the Purchased PTO program works

Prefer to talk to a real person?Sometimes it’s just better to have a conversation. To make an appointment or speak with an Enrollment Specialist, call the Benefits Center at 1-866-475-6733, Monday–Friday, 8 a.m. to 6 p.m. CT.



Medical overview.We are excited to offer you choice and flexibility when it comes to your health care. Compare the plans and make a confident decision for you and those you care about.

Minnesota

Your health plan options for 2022.Minnesota residents can choose from five health plans. All plans cover the same health care services but differ in how much you pay through paycheck deductions, how much you pay when you need care, and provider networks (doctors, hospitals and other providers who contract to deliver care, typically for less than their usual fees).

Choose from:

• Health Plans 1, 3 and 4 through your choice of Blue Cross® and Blue Shield® of Minnesota or UnitedHealthcare (UHC). These are traditional health plans where you must meet a deductible, then pay a portion of the costs (coinsurance) until you reach the out-of-pocket maximum, at which point you pay nothing for eligible in-network care.

• Two health plans through Bind. Bind 1 and Bind 2 are innovative health plans with no deductible, meaning the plan begins to pay immediately for eligible expenses. Instead of coinsurance, you pay a flat price that you can see before you get care, until you reach the out-of-pocket maximum, at which point you pay nothing for eligible in-network care.

How the plans compare.As you weigh your options, you may want to consider:

• Would you rather pay more from each paycheck and less when you need care, or vice versa?

• Do you expect high health care or prescription drug costs in 2022?

• Is building a tax-free account through an HSA important to you?

• Would you like to know exactly what you’ll pay before getting care?

• Is your preferred doctor or therapist in-network?

A detailed comparison is shown on the next page. Refer to the Blue Cross and UHC and Bind plan pages for more specifics on these options.



Minnesota—How the plans compare (continued).

Health Plan 1 Health Plan 3 (HSA) Health Plan 4 Bind 1 Bind 2

How the plans work when you use in-network care

DeductibleWhat you pay out of pocket before the plan begins to pay

Individual $750 Family $1,500

Individual $1,750 Family $3,500

Individual $500 Family $1,000 No deductible No deductible

CoinsuranceWhat you pay after meeting your deductible

20% after deductible for most services


10% after deductible for inpatient hospital

and outpatientNo coinsurance No coinsurance

Copays/pricesFlat dollar amount you pay for service

Copay for emergency room only1

No copays Copays for some services

Prices vary and apply for all services

Prices vary and apply for all services

HSAAccount that lets you save for health care expenses with tax-free dollars

No HSA

Includes an HSA to which you can

contribute and receive a Best Buy

match

No HSA No HSA No HSA

Preventive care $0 when you use in-network providers

Doctor office visit 20% coinsurance after deductible

30% coinsurance after deductible

$30 primary copay; $50 specialist copay

Price examples:2 $15 virtual;

$65 primary; $130 specialist

Price examples:2 $10 virtual;

$30 primary; $60 specialist

Inpatient/ outpatient hospital stay


30% coinsurance after deductible 10% after deductible

Price examples:2 $1,500 outpatient $2,400 inpatient

Price examples:2 $650 outpatient $1,000 inpatient

Emergency room

$200 copay (waived if admitted), then 20% coinsurance after deductible


$200 copay (waived if admitted), then 10% coinsurance after deductible

$950 $450

Out-of-pocket maximumThe most you’ll pay for health care in a year






1 . D e d u c t i b l e a n d c o i n s u r a n c e a l s o a p p l y.

2 . P r i c e s s h o w n i n d i c a t e t h e m o s t c o m m o n a m o u n t . P r i c e s v a r y ; y o u m a y p a y l e s s o r m o r e , d e p e n d i n g u p o n w h e r e y o u c h o o s e t o r e c e i v e c a r e , t h e s p e c i f i c s e r v i c e , a n d w h i c h d o c t o r y o u s e e .



Minnesota—How the plans compare (continued).

Health Plan 1 Health Plan 3 (HSA) Health Plan 4 Bind 1 Bind 2

Biweekly premiums

You Only $76.52 $57.57 $94.14 $56.52 $92.43

You + Spouse/ Domestic Partner $239.85 $189.40 $280.59 $185.96 $277.57

You + Child(ren) $181.21 $141.87 $215.82 $139.29 $213.60

You + Family $351.06 $270.04 $412.06 $265.14 $404.58

Key terms.Review these terms to help you understand your medical coverage.

Term Definition

Coinsurance The percent of health care costs you pay after meeting your deductible*

Copay A flat dollar amount you pay for a covered health care service—your health plan pays the rest; (referred to as price in the Bind plans for MN)

Deductible The amount you pay before your plan begins to pay for eligible health care expenses*

Out-of-pocket maximum The most you’ll pay for health care in a year—once you reach the maximum, you pay $0 for eligible health care expenses

Preventive care Health care services that prevent illnesses or diseases, such as annual check-ups, screenings and immunizations

Provider networkA group of doctors, hospitals and other providers contracted to provide health care services to participants, typically for less than their usual fees; if a provider is in-network, you will typically save on out-of-pocket expenses

Service Specific care or treatment you receive from a provider, such as preventive care, diagnostic tests, doctor visits, hospital stays, etc.

* B i n d h e a l t h p l a n s h a v e n o d e d u c t i b l e s a n d n o c o i n s u r a n c e .



California

Your health plan options for 2022.Choose from:

• Three national health plans (Health Plans 1, 3 and 4), available through Blue Cross® and Blue Shield® of Minnesota (Blue Cross) or UnitedHealthcare (UHC). These are traditional health plans where you must meet a deductible, then pay a portion of the costs (coinsurance) until you reach the out-of-pocket maximum, at which point you pay nothing for eligible in-network care.

• A health maintenance organization (HMO) plan through Kaiser Permanente (Kaiser), only available to Best Buy Health employees who reside in California. An HMO offers a range of health benefits, including free preventive care, but you must use in-network doctors and hospitals to have coverage.

All national plans cover the same health care services but differ in how much you pay through paycheck deductions, how much you pay when you need care and in the plan’s provider networks (doctors, hospitals and other providers who contract to deliver care, typically for less than their usual fees).

As you weigh your options, you may want to consider:




• Is your preferred doctor, therapist or hospital in-network?

Refer to the Kaiser or Blue Cross and UHC plan pages for more details, including biweekly paycheck deductions.

California—How the plans compare.

Health Plan 1 Health Plan 3 (HSA) Health Plan 4 Kaiser HMO

How the plans work when you use in-network care

DeductibleWhat you pay out of pocket before the plan begins to pay

Individual $750 Family $1,500


Individual $500 Family $1,000 No deductible

CoinsuranceWhat you pay after meeting your deductible



10% after deductible for inpatient hospital and

outpatientNo coinsurance

Copays/pricesFlat dollar amount you pay for service

Copay for emergency room only* No copays Copays for some services Copays for all services

HSAAccount that lets you save for health care expenses with tax-free dollars

No HSAIncludes an HSA to which

you can contribute and receive a Best Buy match

No HSA No HSA

* D e d u c t i b l e a n d c o i n s u r a n c e a l s o a p p l y.



California—How the plans compare (continued).

Health Plan 1 Health Plan 3 (HSA) Health Plan 4 Kaiser HMO

How the plans work when you use in-network care (continued)

Preventive care $0 when you use in-network providers

Doctor office visit 20% coinsurance after deductible






30% coinsurance after deductible 10% after deductible

Inpatient: $250 copay per admission;

Outpatient: $150 copay per procedure

Emergency room

$200 copay (waived if admitted), then 20%

coinsurance after deductible


$200 copay (waived if admitted), then 10%


$250 copay per visit

Out-of-pocket maximumThe most you’ll pay for health care in a year





Biweekly premiums

You Only $76.52 $57.57 $94.14 $64.18

You + Spouse/ Domestic Partner $239.85 $189.40 $280.59 $211.14

You + Child(ren) $181.21 $141.87 $215.82 $158.16

You + Family $351.06 $270.04 $412.06 $301.04




Term Definition

Coinsurance The percent of health care costs you pay after meeting your deductible

Deductible The amount you pay before your plan begins to pay for eligible health care expenses







All other states

Your health plan options for 2022.You can choose from three health plans (Health Plans 1, 3 and 4) through two medical vendors, Blue Cross® and Blue Shield® of Minnesota (Blue Cross) or UnitedHealthcare (UHC). These are traditional health plans where you must meet a deductible, then pay a portion of the costs (coinsurance) until you reach the out-of-pocket maximum, at which point you pay nothing for eligible in-network care.

All plans cover the same health care services but differ in how much you pay through paycheck deductions, how much you pay when you need care and in the plan’s provider networks (doctors, hospitals and other providers who contract to deliver care, typically for less than their usual fees).

As you weigh your options, you may want to consider:




• Is your preferred doctor or therapist in-network?

Refer to the Blue Cross and UHC plans page for a detailed comparison chart, including biweekly paycheck deductions.


Term Definition

Coinsurance The percent of health care costs you pay after meeting your deductible

Deductible The amount you pay before your plan begins to pay for eligible health care expenses






Blue Cross and UHC plans.Explore Health Plans 1, 3 and 4 to see if one might be the right fit for you and your family.

Choose your medical vendor.Three traditional plans are available through Blue Cross® and Blue Shield® of Minnesota (Blue Cross) and UnitedHealthcare (UHC). Because Best Buy has employees all over the country, we offer both options to ensure you can choose the best care wherever you live. Between Blue Cross and UHC, one vendor will offer a better combination of price and provider network in your area, which will show as your ‘preferred vendor’ when you enroll. If you use the preferred vendor in your location, you will pay less for medical coverage. The other medical vendor is referred to as the alternative vendor. If you choose the alternative vendor, you may pay more. Note: The preferred/alternative references only compare Blue Cross and UHC and do not consider other vendor plans where they may be available.

Blue Cross and UHC may have different paycheck deductions and provider networks; however, they both:

• Cover the same health care services

• Offer behavioral health coverage, including mental health counseling and treatment

• Include prescription drug coverage, 24/7 nurseline services and an HSA (with Health Plan 3 only)

Plan comparison.

Health Plan 1 Health Plan 3 Health Plan 4

In network Out of network In network Out of network In network Out of network

Money from Best Buy(can be used to offset the deductible)

Health Savings Account (HSA) N/A

Best Buy matches your contributions,* up to: $250 You Only; $375 You + Spouse/ Domestic Partner; You +

Child(ren) $500 You + Family

N/A

Deductible(for Health Plan 3, medical and prescription drug expenses count toward the deductible)

Individual $750 N/A $1,750 N/A $500 $1,000

Family $1,500 N/A $3,500 N/A $1,000 $2,000

* B e s t B u y m a t c h e s e v e r y d o l l a r y o u c o n t r i b u t e t o y o u r H S A , u p t o t h e a m o u n t s l i s t e d i n t h e c h a r t a b o v e . T h e c o m p a n y ’s c o n t r i b u t i o n s a r e p r o v i d e d i n e a c h p a y c h e c k , u p t o $ 9.6 2 ( Yo u O n l y), $ 1 4.42 ( Yo u + S p o u s e / D o m e s t i c P a r t n e r o r Yo u + C h i l d (r e n)) o r $ 19. 2 3 ( Yo u + Fa m i l y) ; t h e s e a m o u n t s a r e p r o r a t e d f o r n e w h i r e s . I f y o u a r e a g e 6 5 o r o l d e r a n d e n r o l l e d i n M e d i c a r e , f e d e r a l r e g u l a t i o n s p r o h i b i t y o u f r o m c o n t r i b u t i n g t o a n H S A .

Learn moreBlue Cross

UHC

Let ALEX help you choose.To help you figure out which plan is the right one for you, ALEX can ask you some questions about who you’ll cover and how you’ll use the plan, then provide you an estimate of your costs for each.


https://www.bluecrossmn.com/bestbuy

https://www.whyuhc.com/bestbuy



Plan comparison (continued).

Health Plan 1 Health Plan 3 Health Plan 4

In network Out of network In network Out of network In network Out of network

What You Pay*

Preventive care(includes well-child and adult)

0% Not covered 0% Not covered 0% Not covered

Doctor office visit20%


Not covered30%


Not covered$30 primary copay; $50

specialist copay

40% coinsurance

after deductible


20% coinsurance

after deductibleNot covered

30% coinsurance

after deductibleNot covered 10% after

deductible

40% coinsurance

after deductible

Emergency $200 copay, then 20% after deductible (copay waived if admitted) 30% coinsurance after deductible $200 copay, then 10% after

deductible (copay waived if admitted)

Out-of-Pocket Maximum(excludes copays and paycheck deductions)

Individual $3,750 N/A $5,000 N/A $3,500 $7,000

Family $7,500 N/A $10,000 N/A $7,000 $14,000

Biweekly (and Annual) paycheck deductions(assumes you elect coverage through your preferred vendor)

You Only $76.52 ($1,990 annually) $57.57 ($1,497 annually) $94.14 ($2,448 annually)

You + Spouse/Domestic Partner $239.85 ($6,236 annually) $189.40 ($4,924 annually) $280.59 ($7,295 annually)

You + Child(ren) $181.21 ($4,711 annually) $141.87 ($3,689 annually) $215.82 ($5,611 annually)

You + Family $351.06 ($9,128 annually) $270.04 ($7,021 annually) $412.06 ($10,714 annually)

* C o i n s u r a n c e r a t e s a r e b a s e d o n a l l o w e d a m o u n t s . Fo r o u t- o f- n e t w o r k s e r v i c e s , y o u p a y c h a r g e s o v e r t h e a l l o w e d a m o u n t , w h i c h c o u l d b e s i g n i f i c a n t a n d d o n o t a p p l y t o t h e o u t- o f- p o c ke t m a x i m u m .



Electing family coverage?Consider how the deductibles and out-of-pocket maximums work across Health Plans 1, 3 and 4:

• Embedded deductible (Health Plans 1 and 4). Once a family member reaches the individual deductible, coinsurance begins for that person.

• Non-embedded deductible (Health Plan 3). Once the family deductible is met by one or a combination of family members, coinsurance will begin for everyone in the family.

• Embedded out-of-pocket maximum (all three plans). Once a family member reaches the individual out-of-pocket maximum, the plan begins to pay 100 percent of eligible health care expenses for that person for the rest of the year.

Important network details.With Health Plan 4, you’ll pay less when you use an in-network provider. However, if you choose Health Plan 1 or 3, out-of-network, non-emergency care is NOT covered. Seeing an out-of-network provider would mean you pay the full cost of services and the expenses don’t count toward your deductible or out-of-pocket maximum. Use the Find a Doctor tool on your medical vendor’s website to find a provider near you.

If you choose UHC as your medical vendor, United Health Tier 1 physicians who have been recognized for providing quality and/or cost-efficient care may be available near you. If you use a Tier 1 provider, your coinsurance will be 10 percent lower, or your copays will be $10 less for in-network coverage. Tier 1 physicians are identified with a TIER 1 symbol in the UHC Find a Doctor tool. Some geographies do not have access to these providers, and these physicians are not available for all areas of medicine.

Go mobile.Download the BlueCrossMN Mobile app or the UnitedHealthcare app for instant access to health information anytime, anywhere. Access a virtual ID card, compare and estimate costs, get claim information and find in-network providers.


Bind health plans (MN only).If you are a resident of Minnesota, see if one of the Bind plans may be right for you and your family.

What makes the Bind plans unique.While the Bind plans provide coverage you can count on through the UHC network of providers, Bind functions differently than most health plans today (including the traditional Health Plans 1, 3 and 4 offered by Best Buy).

• Nothing to hide. Bind’s mobile app and website show you flat dollar amounts (a price) for services in advance so you can make smart choices before getting care.

• No deductible. When it comes to the bill, there is no deductible—you pay only the flat dollar amount you choose upfront. The plan pays the rest.

• Activate coverage when you need it. For less common, plannable procedures such as spinal fusion surgery or knee replacement, you can activate coverage if and when you need it, at least three days prior to the procedure.

Plan comparison.See how the two Bind plans compare at a high level.

Bind 1 Bind 2

Your biweekly paycheck deductions

Lower Higher

Your price(flat dollar amount when you get care)

Higher Lower

Your out-of-pocket max protection



Covered services Same

Deductible $0

Learn moreIntroducing Bind (Video 5:09)

Bind FAQ


Before you enroll:Visit choosebind.com/bestbuy (Access Code: BBY2022) for more details and resources, including an informational webinar, member testimonials, articles and coverage information.

How coverage works.

1You see a list of treatment options with pricing and choose where you want to receive care,

You pay a flat dollar amount (your price). 2

3 Your plan pays the remainder.


https://www.youtube.com/watch?v=9YZhXCE8eyo&feature=youtu.be

https://benefitsguide.bestbuy.com/wp-content/uploads/2021/08/Bind-FAQ_2022.pdf


https://choosebind.com/bestbuy



Example: What you pay when you need care.The price you pay varies by plan, service and where you choose to receive care. Here’s an example of how they differ, showing the most common prices for the same services.

Example Services Bind 1 – Your Price Bind 2 – Your Price

Preventive Care Both plans cover preventive care at 100% when you use in-network providers

Virtual visit $15 $10

Primary care office visit* $65 $30

Specialist office visit* $130 $60

Emergency room $950 $450

Outpatient surgery* $1,500 $650

Other services Go to choosebind.com/bestbuy and enter the access code “BBY2022”

* P r i c e s s h o w n i n d i c a t e t h e m o s t c o m m o n a m o u n t . P r i c e s v a r y ; y o u m a y p a y l e s s o r m o r e , d e p e n d i n g u p o n w h e r e y o u c h o o s e t o r e c e i v e c a r e , t h e s p e c i f i c s e r v i c e , a n d w h i c h d o c t o r y o u s e e .

Your cost for coverage.You pay for coverage through biweekly pre-tax paycheck deductions, as shown below.

Bind 1 Bind 2

Medical

You Only $56.52 ($1,470 annually)

$92.43 ($2,403 annually)

You + Spouse/Domestic Partner

$185.96 ($4,835 annually)

$277.57 ($7,217 annually)

You + Child(ren) $139.29 ($3,622 annually)

$213.60 ($5,553 annually)

You + Family $265.14 ($6,894 annually)

$404.58 ($10,519 annually)

http://choosebind.com/bestbuy


Activating coverage.A subset of plannable treatments can be activated throughout the year—only if you need it.

Inactive coverage must be activated at least three business days prior to the covered procedure. You’ll be responsible for an additional pre-tax paycheck deduction for a period of time, which does not count toward your out-of-pocket maximum. The most you’ll pay above your regular paycheck deduction is $200 per paycheck for one procedure. You’ll also pay the price for the service, which does count toward your out-of-pocket maximum.

See below for a list of services requiring activation. You can also find the list on choosebind.com/bestbuy (Access Code: BBY2022). NOTE: Emergency or trauma events resulting in these procedures do not require activation or additional paycheck deductions for coverage.

Select a health area to see example treatments and procedures requiring activation.

Cardiovascular (Heart Health)• Cardiac Ablation

• Carotid Endarterectomy and Stents

• Coronary Artery Bypass Graft Surgery

• Coronary Catheterization and Percutaneous

• Coronary Interventions

• Pacemakers and Defibrillators

• Valve Replacement

ENT (Ear, Nose and Throat)• Ear Tubes

• Sinus and Nasal Septum Surgery

• Tonsillectomy and Adenoidectomy

Gastrointestinal (Digestive System)• Bariatric Surgery

• Gallbladder Removal Surgery (Cholecystectomy)

• Hernia Repair

• Reflux and Hiatal Hernia Surgery

• Upper GI Endoscopy

Musculoskeletal (Muscles, Joints, etc.)• Ankle and Foot Bone Fusion

• Ankle Arthroscopy and Ligament Repair

• Ankle Replacement and Revision

• Bunionectomy and Hammertoe Surgery

• Carpal Tunnel Surgery

• Cervical Spine Disc Decompression

• Cervical Spine Fusion

• Elbow Arthroscopy and Tenotomy

• Elbow Replacement and Revision

• Ganglion Cyst Surgery

• Hip Arthroscopy and Repair

• Hip Replacement and Revision

• Knee Arthroscopy and Repair

• Knee Replacement and Revision

• Lumbar Spine Disc Decompression

• Lumbar Spine Fusion

• Morton’s Neuroma Surgery

• Plantar Fasciitis Surgery

• Shoulder Arthroscopy and Repair

• Shoulder Replacement and Revision

• Spinal Cord Stimulator

• Wrist and Hand Joint Replacement

• Wrist Arthroscopy and Repair

Other• Breast Reduction Surgery

• Cataract Surgery

• Fibroid Removal (Myomectomy)

• Hysterectomy

• Hysteroscopy and Endometrial Ablation

• Kidney Stone Ablation and Removal (Lithotripsy)

• Prostate Removal Surgery

• Sling Surgery for Female Urinary Incontinence




Activating coverage (continued).If you want to learn more about activating coverage:

1 Visit choosebind.com/bestbuy (Access Code: BBY2022).

2 Select one of the Bind plans, then search procedures or conditions.

3 You’ll see cost details for in-network providers as well as other treatments for the same condition.

Go mobile.The MyBind app plays an important role in the plan. Once you become a member, you can use the app (or Bind website) to search for health care, find Quality Care providers and learn the prices of various treatment options.



Kaiser plan (CA only).In addition to the Blue Cross and UHC plans available to everyone, California residents who support Best Buy Health are also eligible for the Kaiser HMO plan.

Kaiser HMO summary.The Kaiser health maintenance organization (HMO) plan provides comprehensive coverage, including preventive care. Unlike the Blue Cross and UHC plans, the Kaiser HMO does not have a deductible, which means the plan shares the cost of eligible in-network care and services with you immediately.

If you’re considering the Kaiser HMO, there are a few things you should keep in mind:

• Most services are covered at 100% after a copay

• You must select a Kaiser primary care location, which is where you’ll go for care and who will refer you to a specialist, when needed

• You must use in-network providers (including hospitals) to receive plan benefits. If you go out of network, except for emergency care, you’ll pay the full cost of care and services

Plan highlights.

Kaiser HMO PlanIn-network only

Deductible None

Out-Of-Pocket-Maximum $1,500/$3,000; includes coinsurance and copays

Coinsurance N/A

Lifetime Max N/A

Preventive Care No charge

TeleHealth/Virtual Visit No charge

Physician Office Visit $25 copay

Specialist Office Visit $50 copay

Basic Lab & Radiology $10 copay

Emergency Room $250 copay per visit

Urgent Care $25 copay

Complex Imaging (MRI/CT/PET) Prior Authorization Required; $50 copay

Inpatient Hospital $250 copay per admission

Outpatient Surgery $150 copay per procedure

Learn moreKaiser



https://healthy.kaiserpermanente.org/oregon-washington/front-door



Biweekly (and Annual) paycheck deductions.

Kaiser HMO Plan

You Only $64.18 ($1,669 annually)

You + Spouse/Domestic Partner $211.14 ($5,496 annually)

You + Child(ren) $158.16 ($4,112 annually)

You + Family $301.04 ($7,827 annually)

Provider search.In order to have coverage in the Kaiser HMO, you must see an in-network provider. If you choose to go out of network, you’ll pay 100% of the cost for care or services. To find and select a personal physician, call 1-888-956-1616, or search on kp.org > Select Your Region > Doctors & Locations.

Virtual visits.Making time for your health is easy with Kaiser Virtual Visits. If it doesn’t require an in-person medical exam, you may be able to address your health needs with a doctor over the phone or using a video visit.

Kaiser Virtual Visits doctors can diagnose, recommend treatment and prescribe medication for minor medical issues. Best of all—there’s no cost to you! Simply download the Kaiser Permanente app on your phone or tablet to get started. You can also call 1-800-290-5000 to make an appointment by phone.

Examples of reasons to use Kaiser Virtual Visits include:

• Fever

• Headache

• Nausea

• Sore throat

Go mobile.Whether you’re at home or on the go, the Kaiser Permanente app gives you a simple, secure way to manage your health, all in one place. Find providers, manage appointments and prescriptions, access a digital membership card, and more.

http://kp.org


Prescription drug coverage.As you weigh your options for health plans, you’ll want to think about how prescription drugs are covered in each.

All health plans share some similarities with prescription drug coverage, including:

• Your cost for coverage is included in the paycheck deduction amount for your chosen health plan.

• Prescription drug expenses count toward your out-of-pocket maximum, the most you’ll pay for health care in a calendar year.

• You can use pre-tax funds from your HSA and/or Health Care FSA to pay for prescription drug expenses.

Here are the differences in coverage:Health Plan 1:

1 First, you pay the full cost until a pharmacy deductible ($100 individual l $200 family) is met. Prescription drugs do not count toward your medical deductible

2 Once the deductible is met, you pay a portion of the cost.

Health Plan 3:

1 First, you pay the full cost until your health plan deductible is met ($1,750 individual l $3,500 family). Prescription drugs count toward your medical deductible.

2 Once the deductible is met, you pay a portion of the cost.

Health Plan 4. both Bind plans (MN only) and the Kaiser HMO plan (CA only): There is no deductible applied to prescription drugs. You pay a portion of the cost immediately. For Health Plan 4, prescription drugs do not count toward your medical deductible.

Learn moreOptumRx provides accurate drug pricing for all Best Buy health plans, excluding Kaiser. Visit optumrx.com or access through each medical vendor’s website or app.

For Kaiser, visit kp.org or the app to fill prescriptions online, find drug pricing and more.

Prescription drug tips:• Work with your doctor to

find out whether a lower-cost alternative or generic version may be available.

• Consider mail order instead of a retail pharmacy. You’ll get a larger supply, oftentimes for lower cost, and you can order home delivery refills, renew and transfer prescriptions and track status online.

• Use ALEX for more pharmacy savings tips.


ID Cards.Medical and prescription drug ID cards work a bit differently depending on your medical vendor.

• Blue Cross: You will have two separate ID cards—one for medical and one for prescription drugs.

• UHC, Bind and Kaiser: Your medical ID card doubles as your prescription ID card.

http://optumrx.com

https://healthy.kaiserpermanente.org/front-door



How prescription drug coverage works.Step 1. First, meet the deductible.

Health Plan Deductible (Individual | Family)

Rx Counts toward Medical Deductible

Rx Counts toward Medical OOPM

Health Plan 1 $100* | $200*

Health Plan 3 $1,750 | $3,500

Health Plan 4 $0

Bind 1 and 2 N/A N/A

Kaiser N/A N/A

* T h i s i s a p h a r m a c y d e d u c t i b l e o n l y a n d , t h e r e f o r e , i s d i f f e r e n t f r o m t h e p l a n’s m e d i c a l d e d u c t i b l e .

Step 2. Then coinsurance applies. What you pay depends on the type of drug, categorized by Tiers 1-4 below.

Health Plan 1, Health Plan 3, Health Plan 4, Bind 1 and Bind 2

Retail Pharmacy (34-day supply) Mail Order (90-day supply)

Tier 1 25% coinsurance ($20 min.; $100 max)

25% coinsurance ($40 min.; $200 max)





Kaiser HMO Plan

Retail Pharmacy (30-day supply)Mail Order (90-day supply

in most cases; 100-day supply for certain drugs)

Tier 1 $15 $30

Tier 2 $40 $70

Tier 3 N/A N/A

Tier 4 50% ($250 maximum) N/A


Additional health support.All Best Buy health plans include preventive coverage, virtual care options, access to second opinions, diabetes and hypertension management, plus physical therapy support.

Prevention works.Prioritizing preventive care like annual exams, screenings, immunizations and more can help your doctor identify health risks and prevent more serious issues from arising. In-network preventive care is covered 100% in all Best Buy health plans. Find a list of preventive services and in-network providers, including telehealth and virtual visit options, on your medical vendor’s website.

Talk to a doc 24/7, without leaving home.Don’t let anything get in the way of taking care of your physical and mental well-being. Telehealth and virtual visits offer a safe alternative to going into a doctor’s office for non-emergency situations like a cold or sinus infection, preventive visits, chronic condition management or mental health issues. Once you are a health plan member, log in to your medical vendor’s website and look for “virtual visit.”

• Telehealth. Check with your regular providers to see if they offer e-visits or telephone consults.

• Virtual visit. Doctor on Demand matches you up with board-certified physicians and licensed psychiatrists or psychologists who can safely diagnose certain conditions and prescribe medications if necessary. Doctor on Demand is available for everyone covered under a Best Buy health plan. Teladoc and Amwell are also available to those enrolled in a UHC plan. If you enroll in a Kaiser medical plan, refer to the Kaiser health plan page for details on telehealth coverage.

Expert second opinions – when you need them most.Whether you’re faced with a new or existing diagnosis, upcoming surgery, or major healthcare decision and want to learn more about your treatment options, 2nd.MD connects you with board-certified, elite specialists from top medical institutions to provide you with information and confidence. 2nd.MD experts are industry leaders across hundreds of subspecialties and thousands of conditions including cancer, heart disease and stroke, digestive problems, immunological disorders, mental health concerns and musculoskeletal issues.

If you’re enrolled in a Best Buy health plan*, Best Buy provides you and your covered dependents a no-cost membership to 2nd.MD.

* E xc l u d e s t h e K a i s e r p l a n . K a i s e r o f f e r s a s i m p l e p r o c e s s f o r m e m b e r s t o g e t s e c o n d o p i n i o n s t h r o u g h t h e i r i n t e g r a t e d c a r e m o d e l .

Prevent and manage diabetes and hypertension.Omada is a health program that combines the latest technology with personal support to help you create and maintain healthier habits and reach your health goals, whether that’s losing weight, lowering your blood pressure, or staying on top of your diabetes.

Omada is available at no cost for all employees and their covered dependents (age 18 and older) enrolled in a Best Buy health plan who meet specific health-related criteria, such as a risk of developing type 2 diabetes, living with diabetes and/or risk of developing heart disease.

Find relief through virtual physical therapy.Physera is a virtual physical therapy program that helps you build muscle to prevent aches and pains, plus connect you with a licensed physical therapist to help you treat current muscle or joint pain—all on your smartphone and on your schedule.

Physera is available for all employees and their covered dependents (age 13 and older) enrolled in a Best Buy health plan.

Learn more2nd.MD

Omada

Physera

Physical well-being support.Best Buy offers even more programs to support your health that don’t require you to be enrolled in a Best Buy health plan, such as Included Health, a comprehensive health platform and concierge service serving the LGBTQIA+ community. Find more details under the physical well-being section of this guide.

https://www.2nd.md/bestbuy

https://go.omadahealth.com/bestbuy

https://physera.com/go/bestbuy


Health Savings Account.Employees who elect Health Plan 3 receive a Health Savings Account (HSA) that helps you save on health care expenses and receive matching contributions from Best Buy.

HSA summary.

What it is

An account, like a 401(k) for health care expenses, that you and Best Buy contribute tax-free dollars to in order to help pay for eligible expenses1 now and/or in the future. The account is administered by Optum Bank.

Who contributes You and Best Buy,2 up to IRS limits ($3,650 You Only; $7,300 You + Spouse/Domestic Partner, You + Child(ren) or You + Family).3

Making contribution changes You can make changes to your contributions at any time throughout the year through the Health and Welfare Benefits Website.

Eligible expenses

Medical, dental and vision expenses, like:

• Deductibles

• Coinsurance

• Office visits, in- and out-of-network

• Prescription drugs

Refer to the Optum Bank Education Center for a complete list of qualified expenses. Non-medical expenses are subject to taxes, including a tax penalty.

Rollovers Unused dollars always roll over to the following year.

Who can use it You and any of your tax dependents, regardless of their health plan participation.

Account access Pay expenses with your HSA debit card, online bill pay or by check.

Account ownership You own the account, including any money you earn from interest, and keep it if/when you leave Best Buy.

1 . I f y o u h a v e a n H S A a n d a H e a l t h C a r e F S A , y o u r H e a l t h C a r e F S A c a n o n l y r e i m b u r s e d e n t a l a n d v i s i o n e x p e n s e s .

2 . I f y o u a r e a g e 6 5 o r o l d e r a n d e n r o l l e d i n M e d i c a r e , f e d e r a l r e g u l a t i o n s p r o h i b i t y o u f r o m c o n t r i b u t i n g t o a n H S A . I f y o u a r e o r w i l l t u r n 6 5 i n 2 0 2 2 , y o u a r e n o t e l i g i b l e t o r e c e i v e t h e m a t c h i n g c o n t r i b u t i o n f r o m B e s t B u y.

3 . I f y o u a r e 5 5 o r o l d e r, y o u c a n m a ke a n a d d i t i o n a l $ 1,0 0 0 c a t c h - u p c o n t r i b u t i o n .

See what an HSA can do for you with ALEX.Use ALEX to learn more about how the HSA works and calculate how much you may want to contribute in 2022.




https://www.optumbank.com/resources/medical-expenses.html



Matching contributions.Just like a 401(k), you can get free money from Best Buy when you contribute to your HSA. Best Buy will match dollar-for-dollar any contributions you make, up to the annual and per-paycheck amounts below. Contribute at least enough to receive the full match so you don’t leave money on the table.

Coverage Tier Matching Contributions per Paycheck

You Only $9.62 ($250 annually)

You + Spouse/Domestic PartnerOR You + Child(ren)

$14.42 ($375 annually)

You + Family $19.23 ($500 annually)


Supplemental coverage.Supplemental benefits can help you pay for out-of-pocket expenses in the event of an accident, illness or hospitalization.

These voluntary plans offer you a cash payment if you suffer a covered accident, are diagnosed with a covered illness, or are hospitalized. Use the money however you choose—to pay for out-of-pocket medical expenses like copays or deductibles, transportation or hotel costs, living expenses, childcare— whatever you need to alleviate any financial worry and focus on getting well.

Accident Insurance.Accident Insurance through Allstate Benefits pays cash benefits up to a specific amount for on- and off-the-job accidents resulting in one of the following:

• Accidental death

• Dismemberment

• Dislocation/fracture

• Hospitalization

• Intensive care

• Ambulance service

• Medical expenses

• Outpatient physician’s treatment

Your cost for coverage. You pay for Accident Insurance through post-tax paycheck deductions, shown in biweekly amounts below.

Accident Insurance Coverage

You Only $4.76

You + Spouse/Domestic Partner $8.53

You + Child(ren) $9.24

You + Family $11.15

Learn moreAccident and Critical Illness Insurance

Hospital Indemnity Insurance


https://allstatevoluntary.com/bestbuy/

https://allstatevoluntary.com/bestbuy/

https://benefitsguide.bestbuy.com/wp-content/uploads/2021/07/Hospital-Indemnity-Flyer.pdf


Critical Illness Insurance.This plan, also through Allstate Benefits, pays a cash benefit upon diagnosis of a covered illness or condition, such as:

• Heart attack

• Stroke

• Organ transplant

• Cancer

• Other life-threatening conditions

Your cost for coverage. Your cost for coverage depends on who you cover, various health factors and how much coverage you choose. See the post-tax costs and details online when you enroll.

Allstate Benefits is the marketing name for American Heritage Life Insurance Company, the underwriting company and a subsidiary of The Allstate Corporation.

Hospital Indemnity Insurance.Hospital Indemnity Insurance through MetLife helps to alleviate some of the financial burden of a hospital stay beyond what your medical coverage provides. If you require hospitalization, the plan pays you a lump-sum cash amount to help cover expenses like your deductible or other out-of-pocket costs that come up while you’re recovering.

This plan also provides a Health Screening Benefit for covered screening and tests. You and your covered dependents can earn a benefit just for taking care of your health and completing recommended screenings, like mammograms, cholesterol tests, or other cancer screenings.

Your cost for coverage. You pay for Hospital Indemnity Insurance through post-tax paycheck deductions, shown in biweekly amounts below.

Hospital Indemnity Insurance Coverage

You Only $5.60

You + Spouse/Domestic Partner $17.96

You + Child(ren) $8.96

You + Family $22.66


Dental.Choose between two dental plans from Delta Dental. See how the plans compare below.

Plan comparison.Both plans offer full coverage for preventive care like cleanings, exams and X-rays, but coverage and what you pay for other services differs.

Preventive Plan Comprehensive Plan

Deductible

Individual $0 $50

Family $0 $100

What You Pay

Preventive (cleanings, exams, X-rays) $0 0%, no deductible

Basic (fillings) 40% 20% after deductible

Basic (oral surgery, endodontics, periodontics)

Not covered 20% after deductible

Major(crowns, dentures, partials, bridges)

Not covered 50% after deductible

Orthodontia Not covered

50%, no deductible ($1,500 lifetime max. benefit per child age 8–18, $1,000 lifetime max.

benefit per adult age 19+)

Annual max. benefit $750 per person $1,500 per person

Learn moreFind a dentist.

Search for dentists in the Delta Dental PPO or Premier network on the Delta Dental site.

Stay in network.When you see an in-network dentist, you pay less and they file claims for you.

Let ALEX help you choose.Use ALEX to compare the dental plan options and find the right one for you.


https://www.deltadentalmn.org/find-a-dentist/#/start



Your cost for coverage.You pay for dental coverage through pre-tax paycheck deductions. Biweekly and annual costs shown below.


Dental Coverage

You Only $2.59 ($68 annually) $9.56 ($249 annually)

You + Spouse/Domestic Partner $5.89 ($153 annually) $21.22 ($552 annually)

You + Child(ren) $5.89 ($153 annually) $20.51 ($534 annually)

You + Family $9.79 ($255 annually) $35.56 ($925 annually)

Convenient access, 24/7.Use the Delta Dental Mobile app to search for dentists, view claims and coverage or access your ID card.


Vision.Choose between two vision plans through VSP.

Plan comparison.Both plans cover the same in-network services, but what you pay when you need care, glasses or contact lenses differs.


In network Out of network In network Out of network

WellVision Exam®(every plan year) $10 copay Reimbursed

up to $351 $20 copay Reimbursed up to $502

Frames (every plan year)

20% off a pair of prescription

glasses and sunglasses

Not covered

$20 copay3 ($180 max.

benefit4) plus 20% off amount over

$180

Reimbursed up to $702

Lenses — every plan year Any charges over:

Single vision

20% off a pair of prescription

glasses and sunglasses

Not covered

$20 copay3

$50

Lined bifocal $75

Lined trifocal $100

Lenticular $125

Standard $0 copay $75

Premium $80 – $90 copay3

Custom progressive $120 – $160 copay3

1 . S u b j e c t t o $ 10 c o p a y

2 . S u b j e c t t o $ 2 0 c o p a y

3 . $ 2 0 c o p a y a p p l i e s o n c e a n n u a l l y t o w a r d f r a m e s / l e n s e s

4. $ 10 0 a l l o w a n c e a t C o s t O p t i c a l , S a m’s C l u b a n d Wa l m a r t O p t i c a l

Let ALEX help you choose.Use ALEX to compare the vision plan options and find the right one for you.




Plan comparison (continued).


In network Out of network In network Out of network

Lens Options

Scratch-resistant coating and UV protection Not covered

Not covered

Covered in full

Not covered

All other options 20% off a pair of prescription glasses Up to 40% discount

Contact lenses (instead of eyeglass lenses)

15% off exam (fitting and evaluation)

No copay ($180 max. benefit for materials; up to $60 copay for fitting and

evaluation)

Reimbursed up to $105

Laser vision correction15% off regular price OR 5% off promotional price

(discounts vary)

15% off regular price OR 5% off promotional price

(discounts vary)Not covered

Your cost for coverage.You pay for vision coverage through pre-tax paycheck deductions. Biweekly and annual costs shown below.


Vision Coverage

You Only $0.60 ($16 annually) $3.77 ($98 annually)

You + Spouse/Domestic Partner $0.90 ($24 annually) $5.37 ($140 annually)

You + Child(ren) $1.12 ($29 annually) $6.60 ($172 annually)

You + Family $1.79 ($47 annually) $10.55 ($274 annually)

More online.Visit vsp.com for on-the-go vision coverage information. Find a doctor, view your benefits, download your vision card and view an eyewear gallery.

http://vsp.com


Flexible Spending Accounts.Flexible Spending Accounts (FSAs) allow you to save pre-tax dollars to pay for eligible health care or dependent care expenses.

Two types of FSAs.

Health Care FSA Dependent Care FSA

Who contributes You; the company cannot contribute

Contribution limits $130-$2,750 (subject to IRS changes for 2022)

$260-$5,000 ($2,500 if you’re married and you file separate tax returns)

Eligible expenses

• Medical, dental and vision copays, coinsurance and deductibles

• Prescription drugs

• Over-the-counter prescriptions

• Eyeglasses, contact lenses and vision exams

• Orthodontia

Refer to IRS publication 502 for a complete list

The following are eligible daycare expenses if they are for children under age 13 or disabled adult dependents while you and your spouse work or attend school:

• Daycare centers (including adult daycare facilities for qualified dependents)

• In-home private daycare providers

• Before-and after-school care (if not included in tuition)

Refer to IRS publication 503 for a complete list

Rollovers

You can roll over up to 20% of the IRS annual amount in unused dollars from 2022 to 2023, and you have until March 31, 2023 to submit reimbursement requests for 2022 expenses; any remaining dollars will be forfeited

You lose any remaining dollars at the end of the year, but have until March 31, 2023 to submit reimbursement requests for 2022 expenses

Limitations N/A You cannot participate if you earn more than $130,000 per year

Take a closer look with ALEX.Use ALEX to learn more about the various FSAs, calculate your contributions and estimate how much you could save in taxes for the coming year.

Benefits Annual Enrollment tips:• You must enroll each year

to have a Health Care or Dependent Care FSA.

• If you are on a leave of absence, you won’t be able to enroll in the Dependent Care FSA during Benefits Annual Enrollment; you can enroll when you return to work full-time.


https://www.irs.gov/forms-pubs/about-publication-502

https://www.irs.gov/forms-pubs/about-publication-503



Access on-the-go.Download the Reimburse Me app on your phone to submit FSA claims, attach documents and receipts, check account balances and more.


Life and AD&D Insurance.If you are injured or die, Best Buy offers several ways to protect your income and financial well-being for your beneficiaries.

Basic coverage.You (or your beneficiary) receive a benefit through Best Buy’s Basic Life Insurance and Accidental Death and Dismemberment Insurance (AD&D) in the case of an untimely death or accident. Life insurance helps your beneficiaries pay for things like burial expenses, debts and future expenses. AD&D insurance is in addition to life insurance benefits and can be used to pay for daily expenses and other needs. AD&D insurance also pays partial benefits if you lose your sight, hearing, a limb, ability to speak and more in a covered accident.

Best Buy provides these benefits to you at no cost:

• Basic Life Insurance: 1x annual pay*

• Basic AD&D Insurance: 1x annual pay*

* B a s e p a y + b o n u s o r c o m m i s s i o n s

Choose your beneficiaries.Your beneficiary is the person who will receive a benefit should you die. When you enroll, you will be asked to name beneficiaries for your life and AD&D insurance. Make sure to have their names, addresses and Social Security numbers handy when you enroll.

Optional coverage.You can buy optional life and AD&D insurance coverage for yourself. When you enroll as a new hire, you can elect 1x–8x your annual pay, up to $1 million in coverage. During Benefits Annual Enrollment, you can enroll for the first time or increase your coverage by one level. You can also buy optional life insurance for your eligible dependents.

If you are new to Best Buy benefits for 2022, you’ll be able to increase your Life and AD&D insurance elections by more than one coverage level during Benefits Annual Enrollment, if desired. Typically, you can only increase by one level each year.

Learn moreLife and AD&D Insurance

Benefits Annual Enrollment Tip:If you are on a leave of absence, you won’t be able to make changes to all of your life insurance benefits during Benefits Annual Enrollment; these changes can be made when you return to work full-time.

Let ALEX help you choose.Use ALEX to review your personal situation and get help to determine how much life insurance you may need.


https://benefitsguide.bestbuy.com/wp-content/uploads/2021/07/Employee-Life-ADD-Flyer.pdf



Your cost for coverage.

Monthly Cost per $1,000 of coverage (up to $1,000,000)

Monthly Cost per $1,000 coverage (up to $100,000)

Age* Optional Life Optional AD&D Spouse/DomesticPartner Life

0 – 24 $0.048 $0.02 $0.037

25 – 29 $0.058 $0.02 $0.026

30 – 34 $0.077 $0.02 $0.029

35 – 39 $0.086 $0.02 $0.040

40 – 44 $0.096 $0.02 $0.062

45 – 49 $0.144 $0.02 $0.102

50 – 54 $0.221 $0.02 $0.163

55 – 59 $0.413 $0.02 $0.238

60 – 64 $0.634 $0.02 $0.311

65 – 69 $1.220 $0.02 $0.448

70+ $1.980 $0.02 $1.080

* A s o f J a n . 1 o f t h e y e a r f o l l o w i n g y o u r b i r t h d a t e . Fo r b i r t h d a y s o n J a n . 1 , y o u r r a t e w i l l b e c a l c u l a t e d b a s e d o n t h e a g e y o u t u r n t h a t d a y.

Coverage reductions.Life and AD&D benefits for you and your spouse or domestic partner will be reduced on Jan. 1 of the year following the participant’s 65th and 70th birthdays, as follows:

• Age 65: benefits reduce 35%

• Age 70: benefits reduce 50%

For birthdays on Jan. 1, this reduction will take effect on the date the participant turns 65 or 70.



Your cost for child life insurance.All eligible children, from live birth to age 26, are covered for one cost based on the amount of coverage elected.

Coverage Options Monthly Cost

$5,000 $0.50

$10,000 $1.00

$20,000 $2.00

$30,000 $3.00


Purchased Paid Time Off (PTO).If you regularly run out of paid time off or are planning a big event next year, purchase additional days of PTO to use in 2022.

Who is eligible.Full-time employees on a PTO plan are eligible for the Purchased PTO program. Employees on a Vacation plan are not eligible for the Purchased PTO program; in 2022, employees with a primary work location in CA, CO, DC, IL, LA, MA, MD, MT, ND, NE, OK, PR, RI or WY are on a Vacation plan.

How it works.Benefits Annual Enrollment is your opportunity to buy up to five additional days of PTO, available in one-day (8-hour) increments. Costs are deducted before taxes from every paycheck in 2022 at your pay rate as of early September 2021. Then when you use your purchased PTO, you’re paid at your current pay rate.

Your cost for the number of days you choose is calculated by (# of hours x pay rate)/# of paychecks.

How to use time off.You must use your time in the following order (happens automatically)

1 2021 Granted PTO

2 2022 Purchased PTO

3 2022 Granted PTO

Unused time.If you previously purchased PTO and have unused time from the past year, you may opt out during Benefits Annual Enrollment, get a refund and stop future deductions.


Identity Protection.Get peace of mind and protect your identity with Allstate Identity Protection by InfoArmor®.

How it works.According to Allstate, an identity is stolen every two seconds. Identity theft occurs when someone uses your personal information without your consent, whether it’s opening new credit accounts in your name, accessing your financial accounts, or even using your healthcare information to receive medical treatment. This information can be obtained through mail theft, data breaches, phishing attacks, unsecured Wi-Fi networks, credit card skimming, and more.

The Allstate Identity Protection by InfoArmor® benefit monitors your digital identity and financial wellness, including credit cards, wireless carriers, utility accounts, non-credit accounts and even social media, to watch for any suspicious activity. Plus, certified privacy experts will help you manage the process and restore your identity quickly if you should fall victim—even if the theft occurred before your coverage begins.

What it costs.Your cost for coverage is $3.67 per paycheck, paid with post-tax biweekly paycheck deductions for yourself, or $6.44 for your family.

Learn moreAllstate Identity Protection

https://www.myaip.com/


Legal Services.Gain access to a nationwide network of attorneys with unlimited use of certain legal services.

How it works.The Legal Services plan, offered through MetLife, provides coverage for a wide variety of legal services, such as:

• Phone or office consultations

• Property purchase or sale

• Will and estate planning

• Debt matters

• Divorce

• And more

Use the plan as often as you need legal representation. If you use an attorney in the national network of over 14,000 professionals for covered services, the attorney fees are fully covered by the plan with no dollar limits.

What it costs.Your cost to cover your whole family is $7.96 post-tax per biweekly paycheck.

Learn moreMetLIfe Legal Services Plan Overview

https://benefitsguide.bestbuy.com/wp-content/uploads/2021/07/MetLife-Legal-Services-Plan.pdf

https://benefitsguide.bestbuy.com/wp-content/uploads/2021/07/MetLife-Legal-Services-Plan.pdf


Physical well-being.Move. Fuel. Rest. Create your possibilities.

How you move, fuel and rest your body and mind is what physical well-being is all about. It involves making lifestyle behavior choices today that help to ensure optimal health and wellness now and in the future. See what Best Buy offers to help you reach or maintain your optimal health.

Culturally competent health providersIncluded Health is a comprehensive health platform and concierge service that connects you to culturally competent, high-quality providers who understand the unique needs of the LGBTQIA+ community. Get help finding providers, trusted community advocates and local resources, plus get benefits and care questions answered.

This service is available at no cost to all Best Buy employees and their dependents. You do not need to be enrolled in a Best Buy health plan.

Visit includedhealth.com/member to become a member and learn more.

Confidential support for physical fitness and careLife Solutions, the Best Buy Employee Assistance Program (EAP), offers confidential support and resources to help you handle whatever life throws your way. It is available 24/7 at no cost to all Best Buy employees and everyone living in their household.

Find articles, podcasts and videos related to medical conditions, fitness and nutrition, pregnancy and more. Delegate your to-do list or find reputable referrals for nearly anything, including fitness clubs, personal trainers, local activities, or anything else related to your physical well-being.

Visit guidanceresources.com (use Web ID: BBYLife) or call 1-800-807-1530.

Inspired self-careLife Solutions partners with myStrength to offer a digital self-care platform to improve and sustain mental health and overall well-being. Tackle common issues such as stress, insomnia or other sleep disorders, chronic pain, and more. Individualized experiences help you build resiliency, manage stress, find daily inspiration and track your progress. myStrength is available to all Best Buy employees and everyone living in their household.

Download the myStrength app or visit app.mystrength.com (use Access Code: BBYLife).

Free flu shotsBest Buy offers a free flu shot voucher every year to all employees.* Vouchers are available at your location or posted on internal employee websites each fall.

* F l u s h o t v o u c h e r s a r e n o t a v a i l a b l e i n N o r t h D a ko t a .

Additional health and welfare support.Don’t forget your health and welfare benefits designed to support your physical well-being. Find information in the medical, dental, vision and supplemental benefits sections of this guide.

Program eligibility.If you are new to the Best Buy benefits program, your eligibility for some of these programs and applicable support options may not apply until Jan. 1, 2022. Please refer to leadership communications and additional materials on Connect and Learning Network for more details about this transition. Contact your HR Business Partner for support.


Learn morePhysical Well-being Video

http://includedhealth.com/member

http://guidanceresources.com

http://app.mystrength.com

https://www.bbylearningnetwork.com/lms/catalog/item/44171/comments


Virtual fitness membershipAll employees are eligible to enroll in a virtual fitness membership with the Wellness Zone at no cost.

To sign up for this offer, email [email protected].

Connect to keep movingFind challenges on the MoveSpring step and activity platform to connect and support co-workers while prioritizing regular movement. Check for global challenges in each month.

Download the MoveSpring app and get started with Company Code: BBYSTEPS.

mailto:[email protected]


Mental well-being.Mental health matters. You are not alone.

Your mental health and well-being are a priority for Best Buy, and we are committed to encouraging open and honest conversations, providing education, and offering access to resources.

If you or someone you know is having suicidal thoughts or experiencing emotional distress, don’t wait. Call the National Suicide Prevention Lifeline at 1-800-273-8255 or text HOME to 741741.

Confidential support for mental health topicsLife Solutions, the Best Buy Employee Assistance Program (EAP), offers confidential support and resources to help you handle whatever life throws your way. It is available 24/7 at no cost to all Best Buy employees and everyone living in their household.

• Receive up to eight no-cost counseling sessions per person, per issue, per calendar year. Virtual, chat, email and in-person options are available, including BetterHelp video and chat-based counseling. You also have access to unlimited phone support with on-call master’s-level clinicians. All sessions are completely confidential. To speak with a counselor or request a referral, call 1-800-807-1530.

• Find articles, podcasts and videos related to mental health, emotional well-being, grief and loss, addiction, relationships, trauma, and more. Delegate your to-do list or find reputable referrals for nearly anything, including local support groups and activities, or anything else related to your mental well-being.


Inspired self-care for mental healthLife Solutions partners with myStrength to offer a digital self-care platform to improve and sustain mental health and overall well-being. Tackle common challenges such as stress, depression, anxiety, substance use, insomnia, chronic pain, and more. Individualized experiences help you build resiliency, manage stress, find daily inspiration and track your progress. myStrength is available to all Best Buy employees and everyone living in their household.

Download the myStrength app or visit app.mystrength.com (use Access Code: BBYLife).

Medical plan coverage for mental healthIf you are enrolled in a Best Buy health plan, you and anyone you’re covering has access to mental health services as part of your medical coverage. Behavioral health services are processed like all other medical claims.

Contact your medical vendor or use their website to find an in-network counselor or specialist, or consider a virtual option. Log in to your medical vendor’s website and look for “virtual visit.”

Learn moreMental Well-being Video

Life Solutions Flyer



http://app.mystrength.com


https://benefitsguide.bestbuy.com/wp-content/uploads/2021/07/EAP-Flyer.pdf


Financial well-being.Live for today. Prepare for tomorrow.

Financial well-being centers on finding the healthy balance between living for today while preparing financially for tomorrow. Best Buy offers a variety of resources to help you identify and manage your financial needs, from savings and retirement to emergency funds and discounts.

Savings and loan opportunitiesBest Buy provides you with a unique opportunity to build up your savings or get emergency funds through Wings Financial.

• Open a Savings Builder account with direct deposit from your Best Buy paycheck, and Wings will fund the first $5 in your account, and you can earn an additional $100 deposit by completing six short, online financial education courses. Plus, you’ll be entered into a drawing to win one of four monthly $250 deposits exclusive to Best Buy members.

• Wings Financial offers Best Buy employees the opportunity to obtain a $1,000 Quick Loan, which is not based on your credit score and offers a 12-month repayment period.

Tax-advantaged saving for retirementThe Best Buy Health 401(k) program will transition to the Best Buy 401(k) Retirement Savings Plan. The Best Buy 401(k) offers many of the same features such as pre-tax and Roth contributions, an employer match with immediate vesting and a variety of investment options. Full details will be communicated in late 2021.

Employee discountThe Best Buy employee discount enables you to purchase most products and services at Best Buy retail stores and BestBuy.com at five percent above cost. Discounted services may have tax implications. You are eligible after 30 days of employment. Between Nov. 20 and Dec. 31, all employees are eligible regardless of their hire date.

Buy Best Buy stock at a discountThe Employee Stock Purchase Plan (ESPP) lets you buy Best Buy stock at a five percent discount. Contribute up to 20 percent of your after-tax pay through automatic payroll deductions during each six-month offering period. At the end of six months, your stock purchase is made, and you own part of the company.

All employees are eligible to participate in the ESPP after 60 days of continuous service. Once eligible, you can enroll in the ESPP two times a year, in March and September.

Financial help in case of disasterNatural disasters such as hurricanes, tornadoes or wildfires can inflict serious damage in the blink of an eye. Best Buy founder Dick Schulze has established a fund to help employees experiencing hardship as a result. If you have been employed by Best Buy for at least one year and are impacted by a federally-declared natural disaster, you may be eligible to receive financial support from The Richard M. Schulze Family Foundation Employee Disaster Relief Fund.

Learn moreFinancial Well-being Video

See the Contacts page for websites and apps to help you learn more and manage your financial well-being benefits.

Additional financial support.See the health and welfare benefits listed in this guide for additional financial well-being support, including Life and AD&D Insurance, Flexible Spending Accounts, Identity Protection and Legal Services.





Financial help for personal eventsThe Best Buy HOPE Fund was created in partnership with the Richard M. Schulze Family Foundation to help employees facing financial hardship due to unforeseen personal events beyond their control. Some examples could include medical or mental health bills not covered by insurance, domestic abuse, funerals, damage to personal property, and more. Applicants with at least one continuous year of service may receive up to $2,500 in non-taxable grants over a 12-month period for eligible expenses.

Tax savings on commuting costsThe pre-tax Commuter Benefits Program allows you to set aside pre-tax payroll deductions to pay for qualified workplace mass transit expenses, such as bus, subway or vanpool fares and even certain parking expenses. It also includes expenses for a pass, token, farecard or similar item.

Electronic payment for paydayElectronic payment can make payday less stressful and give you greater flexibility for managing your expenses. The Wisely Paycard works similarly to a reloadable, prepaid credit or debit card. You can use it in stores and online wherever Visa and Mastercard are accepted.

• Send your full paycheck amounts to the paycard or split it however you want along with direct deposit to other checking and savings accounts.

• Opt in to early direct deposit to get your pay up to two days early*.

• Load funds or deposit checks from multiple sources, such as your tax refund, government benefits or a second job.

• Request additional cards for friends and family members, with separate balances.

• Pay no fees for monthly service, minimum balance or overdrafts.

* B e s t B u y ’s p a y d a y i s Fr i d a y. E a r l y d e p o s i t s a r e m a d e b y A D P a n d a r e n o t g u a r a n t e e d .

Savings on property and auto insuranceGain access to special savings on Auto, Home and Renters Insurance. You can request free quotes at any time from the following trusted names: Liberty Mutual Insurance, Farmers GroupSelect and Travelers. You can also save on coverage for other valuable items. Availability, coverage and costs will vary. Payments are made via direct billing with your chosen carrier.

Savings on insurance for your petProtect your pet and keep your costs down, too, by enrolling in Nationwide Pet Insurance. Save up to 70 percent on veterinary bills for conditions that aren’t pre-existing. You can enroll at any time, and rates vary by pet. Payments are made via direct billing with Nationwide.

Confidential support for financial mattersLife Solutions, the Best Buy Employee Assistance Program (EAP), offers confidential support and resources to help you handle whatever life throws your way. It is available 24/7 at no cost to all Best Buy employees and everyone living in their household.

• Call to obtain impartial guidance from certified public accountants and financial planners regarding managing your finances, including budgeting, debt consolidation and more.

• The Working Advantage program provides discounts and deals on travel, entertainment and shopping, including Zebit, where you receive a promotional offer and an interest-free line of credit through their online shopping experience.

• Find articles, podcasts, videos and interactive tools related to financial topics, such as loan calculators, budget plans, home ownership, estate planning, debt management, and more. Delegate your to-do list or find reputable referrals for local resources, including assistance with food or housing needs, or anything else related to your financial well-being.


https://www.workingadvantage.com/GuidanceResources



Work-life well-being.Balancing work, home and life.

Whether you need a break to enjoy life, manage a personal health condition or care for a loved one, Best Buy has programs to help you take time off when you need it. We also offer support for starting or caring for your family, including child care and educational resources, plus more to help you focus on what matters most and find your healthy balance.

Paid Time OffEarn time off starting at hire with increasing amounts up to 28 days based on years of service. Time off plans vary according to state and local law. Employees in locations that require state- or city-specific leave may receive additional benefits. Refer to your Paid Time Off policy and other leave policies for the most up-to-date information for your location.

Hours may be granted in a lump sum and/or accrued weekly depending on your location.

• PTO is granted in a lump sum and does not carry over from year to year. It is inclusive of Sick time.

• Vacation time is accrued weekly up to the annual maximum and carries over from year to year.

• Sick time is granted in a lump sum and does not carry over from year to year.

Employment category

and locationTime off days

(year one)Time off days

(years two through nine)

Full-time salaried employees and corporate hourly

employees in most locationsPTO: 23 days granted at hire through year nine

Full-time salaried employees and corporate hourly

employees working primarily in CA, CO, DC, IL, LA, MA, MD, MT, ND, NE, OK, PR, RI or WY

Vacation time: Up to 10 days accrued

Sick time: 6 days granted at hire

Vacation time: up to 17 days accrued

Sick time: 6 days granted

R e f e r t o y o u r P a i d Ti m e O f f p o l i c y f o r t i m e o f f a c c r u a l s a n d a l l o t m e n t s a f t e r n i n e y e a r s .

If you’re on a PTO plan, you may be able to buy additional days off through the Purchased PTO program during Benefits Annual Enrollment.

Paid time away for bereavementGet up to five days of paid Bereavement Time in the event of a family member’s death.

Learn moreWork-Life Well-being Video

See the Contacts page for websites and apps to help you learn more and manage your work-life well-being benefits.

Maternity and Parental LeaveWith Paid Leave and Caregiver Pay, full-time eligible birth persons may receive up to 10 weeks of 100% base pay and can supplement additional weeks with Paid Time Off. Non-birth parents qualify for up to four weeks of Caregiver Pay following a birth, adoption or foster care placement.






A gift of time for those who need it mostThe Gift of Time program allows employees to donate vacation time or Paid Time Off to eligible employees who need to miss work as a result of a federally-declared major disaster, a medical emergency (their own or a family member’s) or a family member’s death.

HolidaysDesignated holidays include New Year’s Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Full-time hourly employees are eligible to receive eight hours of Holiday Pay, plus Holiday Premium (1.5 times regular rate of pay) for hours worked on the holiday.

Meaningful Day is an extra day given annually to regular full-time employees in Best Buy Health Caring Centers. Employees are encouraged to use this extra day off to do something meaningful, like volunteering or taking time to invest in themselves.

Retail stores, service centers, distribution centers, district appliance warehouse and product return centers are typically open on all designated holidays, except Christmas Day. These locations are also closed on Easter; employees do not receive Holiday Pay for Easter.

The corporate office is closed on all company-designated holidays. If the holiday lands on a Saturday, the office will be closed on Friday. If the holiday lands on a Sunday, the office will be closed on Monday.

Time away if you’re unable to workWhen you are unable to work or need to be away from work for a period of time, Best Buy offers Leave of Absence (LOA), which allows you to take time away while still maintaining your status as an employee. A Leave of Absence covers your required time off from work; it is generally unpaid. Some state or local laws provide additional pay for certain leaves of absence. In addition to Paid Time Off options described above, you may apply for other benefits, if eligible, to provide you with some pay during this time, including:

Paid Leave for physical or mental health conditionsFollowing a three-day waiting period, the Paid Leave program provides 100 percent of base pay for up to six weeks if you are unable to work due to your own physical or mental health condition. Medical certification is required after two weeks to continue pay for the remaining four weeks.

Pay for short-term disabilityIf you are unable to work due to your own medical condition, Short-Term Disability (STD) will pay 60 percent of base pay after the six-week Paid Leave period has ended, up to an additional 20 weeks. The length of disability is determined by your specific condition.

Pay for long-term disabilityAfter the 26-week Paid Leave and STD period, Long-Term Disability (LTD) will pay 60 percent of your annual pay (base pay + bonus or commissions) for as long as you are disabled and unable to work, subject to certain limitations in the plan.

Pay to welcome a child or care for familyEligible employees may receive Caregiver Pay for up to four weeks (160 hours) within a 12-month period at 100 percent of base pay during a qualifying leave of absence for one of the following:

Child bondingBirth persons and non-birth parents taking a leave of absence for two weeks or more within 12 months following birth, adoption or foster care placement.

Family careEmployees taking a leave of absence for four or more days or intermittent leave in minimum one-day increments to provide care for a spouse, domestic partner, child or parent with a health condition.

You must have completed one year of service with 1,250 hours worked in the 12 months prior. A qualifying leave of absence is time off from work provided to an employee under the Leave of Absence Policy: Family and Medical (FMLA) or other state-required leave. Up to two weeks (80 hours) of Caregiver Pay is available to care for extended family members including a grandparent, grandchild, parent-in-law, brother/sister or brother/sister-in-law and child over 18.


Caregiving advocacy and supportWellthy provides personalized support to help you tackle the logistical and administrative tasks of caring for the ones you love, including yourself. A dedicated Care Coordinator serves as your advocate and expert, handles your toughest caregiving questions and helps you address legal, housing, medical and other related topics. You also receive access to a Care Dashboard that helps you stay organized, track appointments and streamline communication with other family members and caregivers. Best Buy provides access to Wellthy at no cost, and employees can invite fellow caregivers (i.e., siblings, spouse, partner, parents, etc.) to join in on the Care Project.

Growing your familyNo matter how you choose to grow your family, Best Buy supports you on your journey. After six months of service, you are eligible to receive reimbursement of up to $14,080 for adoption– or surrogacy-related expenses. If you are enrolled in a Best Buy health plan, you may be eligible to receive coverage of up to $10,000 for infertility treatment services and up to $5,000 for related pharmacy costs.

Backup Child Care when you need to workFind quality, safe and affordable in-home or in-center child care through Care.com when you need it most. Use it when your regular caregiver is unavailable, if you need to pick up an extra shift at work, or if your child is a little under the weather and needs to stay home. Each employee receives 10 Backup Child Care visits per year for a $10 copay per visit. You can even book a preferred caregiver or center from your personal network and get reimbursed for a portion of the costs that exceed your copay. Visits must be used for work-related purposes only, and the value may be subject to taxes where applicable.

Discounts on early childhood education and careThrough our partnership with Care.com, you can enjoy a 10 percent discount on early childhood education at KinderCare and Children’s Creative Learning Centers, or before- and after-school programs at Champions.

Reimbursement for tutoring expensesIf you’re a working parent, we know that your child’s education is a major priority. Through the Tutor Reimbursement program, receive 50 percent reimbursement for in-person or online tutoring expenses for your school-age dependents, up to $100 per month.

Reimbursement and discounts on tuitionWhether you’re going to college for the first time, or finishing what you started years ago, Best Buy supports your learning. When these benefits combine, some programs offer the ability to earn a degree with no out-of-pocket costs.

• After six months of full-time service, you may be reimbursed for tuition and other eligible education expenses through the Tuition Assistance program. The program covers $3,500 annually for undergraduate studies and $5,250 annually for graduate-level coursework related to your job.

• Through partnerships with select universities and training programs, you (and in some cases, your immediate family members) can obtain tuition discounts, special scholarship opportunities and reduced education fees. On-campus and online programs are available.

Appreciation for your serviceThe True Blue recognition program is built for peers and leaders to recognize and reward you when you go above and beyond, deliver excellent customer experiences, exemplify leadership skills and demonstrate our guiding behaviors. Plus, you are recognized in meaningful ways when you reach milestone anniversaries.



Confidential support for life’s many eventsLife Solutions, the Best Buy Employee Assistance Program (EAP), offers confidential support and resources to help you handle whatever life throws your way. It is available 24/7 at no cost to all Best Buy employees and everyone living in their household.

Find articles, podcasts and videos related to parenting, caregiving, preparing for college, and more. Delegate your to-do list or find reputable referrals for nearly anything, including child or elder care facilities, housecleaning or moving services, party planning, apartment searches or anything else to help you with your work-life balance.




Contacts.Use the information below when you have questions about your benefits in 2022.

Benefit Contact Phone Website/Mobile App

General HR, Leave of Absence, Pay and Well-being Support HR Support Center 1-866-MY-BBY-HR

(1-866-692-2947) Coming Jan. 2022

Health and Welfare Benefits Eligibility, Enrollment and Support

Benefits Center 1-866-475-6733 Health and Welfare Benefits Website

401(k) Retirement Savings Plan Voya Coming Jan. 2022 Coming Jan. 2022

Accident and Critical Illness Insurance Allstate Benefits 1-800-348-4489 allstatevoluntary.com/bestbuy

Adoption and Surrogacy Assistance HR Support Center 1-866-MY-BBY-HR

(1-866-692-2947) Coming Jan. 2022

Auto/Home/Renters Insurance

Farmers 1-800-438-6381 myautohome.farmers.com

Liberty Mutual 1-800-216-1625 libertymutual.com/best-buy

Travelers 1-888-695-4640 travelers.com/bestbuy

Backup Child Care Care.com 1-833-227-3229 bestbuy.care.com

Best Buy HOPE Fund Minneapolis Foundation 1-612-672-3861 Minneapolis Foundation Website

Caregiver Pay HR Support Center 1-866-MY-BBY-HR (1-866-692-2947) Coming Jan. 2022

Caregiving Support Wellthy 1-877-588-3917 wellthy.com/bestbuy

Commuter Benefits Benefits Center 1-866-475-6733 Health and Welfare Benefits Website

Dental Delta Dental 1-866-264-0528 deltadentalmn.org

Diabetes and Hypertension Care Omada Health 1-888-409-8687 omadahealth.com/bestbuy

Employee Assistance Program (EAP) Life Solutions 1-800-807-1530 guidanceresources.com

Organization Web ID: BBYLife

Employee Disaster Relief Fund Richard M. Schulze Family Foundation 1-952-324-8910 Schulzefamilyfoundation.org/best-

buy-employee-relief-fund

ESPP and Long-Term Incentives Fidelity Investments 1-800-544-9354 netbenefits.com

Expert Medical Opinions 2nd.MD 1-866-269-3534 2nd.md/bestbuy

Flexible Spending Accounts (FSA) Benefits Center 1-866-475-6733 Health and Welfare Benefits

Website


https://mfa1.bestbuy.com/SecureAuth743/


http://allstatevoluntary.com/bestbuy

http://myautohome.farmers.com

http://libertymutual.com/best-buy

http://travelers.com/bestbuy

http://bestbuy.care.com

https://tmf.iphiview.com/tmf/EmployeeAssistanceApplication/EmployeeAssistanceFund/SchulzeFamilyFoundationandBestBuyEAF

http://wellthy.com/bestbuy



http://deltadentalmn.org

http://omadahealth.com/bestbuy


http://Schulzefamilyfoundation.org/best-buy-employee-relief-fund

http://Schulzefamilyfoundation.org/best-buy-employee-relief-fund

http://netbenefits.com

http://2nd.md/bestbuy





Gift of Time HR Support Center 1-866-MY-BBY-HR (1-866-692-2947) Coming Jan. 2022

Hospital Indemnity Insurance MetLife 1-800-438-6388 mybenefits.metlife.com

Identity Protection Allstate Identity Protection 1-800-789-2720 myaip.com

Legal Services MetLife 1-800-821-6400 info.legalplans.com Access Code: 9902618

LGBTQIA+ Health Platform and Concierge Included Health 1-833-781-7931 includedhealth.com/member

Life and AD&D Insurance HR Support Center 1-866-MY-BBY-HR (1-866-692-2947) N/A

Medical (including Health Savings Account) + Prescription

Blue Cross and Blue Shield of Minnesota 1-866-455-8220 bluecrossmn.com/bestbuy

UnitedHealthcare1-866-229-2810

whyuhc.com/bestbuy

OptumRx optumrx.com

Medical (MN only)(including prescription drugs through OptumRx)

Bind 1-833-576-6497

Before you are a member: choosebind.com/bestbuy

Access Code: BBY2022

Once you are a member: mybind.com

Medical (CA only)(including prescription drugs) Kaiser 1-888-956-1616 kp.org

myStrength Life Solutions 1-800-807-1530 myStrength.com Access Code: BBYLife

Pet Insurance Nationwide 1-877-738-7874 benefits.petinsurance.com/bestbuy

Purchased PTO HR Support Center 1-866-MY-BBY-HR (1-866-692-2947) Coming Jan. 2022

Quick Loan Wings Financial 1-952-997-8678 www.wingsfinancial.com/best-buy

Recognition Program True Blue N/A bbytrueblue.com

Savings Builder Wings Financial 1-952-997-8678 www.wingsfinancial.com/best-buy

Short-Term and Long-Term Disability The Hartford 1-800-523-2233 thehartford.com

Step and Activity Challenge Platform MoveSpring N/A movespring.com

Company Code: BBYSTEPS


http://mybenefits.metlife.com

http://myaip.com

http://info.legalplans.com

http://includedhealth.com/member

http://bluecrossmn.com/bestbuy

http://whyuhc.com/bestbuy

http://optumrx.com


http://mybind.com

https://healthy.kaiserpermanente.org/front-door

http://myStrength.com

http://benefits.petinsurance.com/bestbuy

http://www.wingsfinancial.com/best-buy

http://bbytrueblue.com

http://www.wingsfinancial.com/best-buy

http://thehartford.com

http://movespring.com



Tuition AssistanceHR Support Center 1-866-MY-BBY-HR

(1-866-692-2947)

Coming Jan. 2022

Tutor Reimbursement Coming Jan. 2022

Virtual Fitness Membership Wellness Zone 1-612-292-9355 Email: [email protected]

Virtual Physical Therapy Physera N/A physera.com/bestbuy

Vision VSP 1-800-877-7195 vsp.com

Wisely Paycard MyADP 1-866-313-6901 MyADP or myWisely.com

mailto:wellnesszone%40bestbuy.com?subject=

http://physera.com/bestbuy

http://vsp.com

https://mfa1.bestbuy.com/secureauth742/

http://myWisely.com


Legal disclaimer and notices.This guide is not a contract or guarantee of any benefit. It provides an overview of many of the benefits for eligible Best Buy employees. It is not intended to provide a complete description of these benefits, and it is not used to administer or document the terms of any Best Buy benefit plan or program. Best Buy may change, vary from or terminate any benefit plan or program at any time. If there are any conflicts between this document and the official plan/program documents and policies, the official documents and policies will govern.

The information about certain benefits, including medical benefits, Critical Illness Insurance, Accident Insurance, Hospital Indemnity Insurance, Backup Child Care, Auto/Home/Renters Insurance, Pet Insurance and Commuter Benefits does not apply to you if you are a global assignee. Backup Child Care options may be limited in Hawaii.

Legal NoticesLog in to the Health and Welfare Benefits Enrollment site to download or print the following required notices: Health Insurance Portability and Accountability Act (HIPAA) Notice of Privacy Practices, Children’s Health Insurance Program Reauthorization (CHIPRA) Notice, Summary Annual Report (SAR), Women’s Health and Cancer Rights Act of 1998, Special Enrollment Rights, and Summary of Benefits and Coverage (SBC).

Paper copies may be requested through the Benefits Center at 1-866-475-6733.


2022 benefits guide.

Documents

Transcript of 2022 benefits guide.