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plan year | 2011

employee BENEFITs GUIDE Your Benefits at a Glance This guidebook serves as a quick reference for SPM Resorts employees regarding their employee benefits, costs and coverages.


Welcome to your Employee Benefits Guide for the 2011 Plan Year SPM Resorts is very proud of the organization we have built and the employees that work for us. We believe that providing our employees with a comprehensive and affordable benefit program contributes to a fair and competitive compensation package. Helping you understand the benefits SPM Resorts offers is important to us. That is why we have created this Employee Benefits Guide.

Welcome

Benefits Guide Overview This guide provides a general overview of your benefit choices to help you select the coverage that is right for you. Be sure to make choices that work to your best advantage. Of course with choice comes responsibility and planning. Please take time to read about and understand the benefit, plan thoughtfully, and enroll on time. Included in this guide are summary explanations of the benefits and costs as well as contact information for each provider. It is important to remember that only those benefit programs for which you are eligible and have enrolled in apply to you. We encourage you to review each section and to discuss your benefits with your family members. Be sure to pay close attention to applicable co-payments and deductibles, how to file claims, preauthorization requirements, networks and services that may be limited or not covered (exclusions). This guide is not an employee/employer contract. It is not intended to cover all provisions of all plans but rather is a quick reference to help answer most of your questions. Please see your Summary Plan Description for complete details. We hope this guide will give you a clear explanation of your benefits and help you be better prepared for the enrollment process.

Contents Eligibility Details............................................................................................................................................. 3 Medical Insurance........................................................................................................................................... 4 Health Incentive Account.......................................................................................................................... 6 Health & Wellness.......................................................................................................................................... 8 Dental Plan........................................................................................................................................................10 Vision Plan.......................................................................................................................................................... 11 Short term Disability.................................................................................................................................... 12 Long term Disability..................................................................................................................................... 13 Basic Life and AD&D Insurance.............................................................................................................14 Voluntary Term Life Insurance.............................................................................................................. 15 401(k)...................................................................................................................................................................18 Important notices about your plan ...................................................................................................19


Eligibility Details

Are you eligible for benefits? To determine the benefits for which you may be eligible, please refer to the chart below. You are eligible to participate in these plans upon meeting each plan’s eligibility requirements. You also have the option to enroll your eligible dependents in some of these plans. Eligible dependents may include: • •

Your spouse Your children (dependent age limit to 26*) or when applicable, your unmarried children of any age who are incapable of self-support due to a mental or physical disability and who are totally dependent on you.

*Certain limitations apply. Please call the Employee Benefits Hotline for additional information, 1-800-242-9350

PLAN

EMPLOYEES WORKING 32+ HOURS PER WEEK

EMPLOYEE PAID CONTRIBUTION

NEW HIRE ELIGIBILITY WAITING PERIOD

Medical/Prescription

X

X

1st of the month following 90days

Dental

X

X

1st of the month following 90days

Vision

X

X

1st of the month following 90days

Long-Term Disability

X

X

1st of the month following 90days

Short-Term Disability

X

X

1st of the month following 90days

Basic Life and AD&D

X

X

1st of the month following 90days

Voluntary Life

X

X

1st of the month following 90days

Employee Benefits Hotline: 1-800-242-9350 3


Medical Plan Preferred Blue

BENEFITS

Administered by BCBS of South Carolina

IN-NETWORK

OUT-OF-NETWORK

Deductible

Single Family

$1,000 Limited to 3 per family

$2,000 Limited to 3 per family

Out-of-Pocket Maximum

Single Family

$1,500 $3,000

$3,000 $6,000

80%

50%

$20 Copay PCP and Specialist

Deductible, 50%

Co-Insurance (% the Plan pays, after applicable deductible and copays are paid by the member)

Physician Services Charges for services in the office (excluding surgery, obstetrical delivery, Psychiatric care, dialysis treatment and second surgical opinion)

Other Physician Services Inpatient/Outpatient hospital, diagnostic labs, anesthesia services, radiology, x-rays, pathology, mental health and substance abuse, obstetrical delivery, initial new born pediatric exam and all other outpatient office services.

Deductible, 80%

Deductible, 50%

Preventive Care (In Network coverage only) Mammograms (women 40 and over; one per year)

100%

Pap Smear/Prostate Screening

100%

Well Child to Age 6

$20 Copay, then 100%

Physicals (Maximum of $300 per year)

$20 Copay, then 100%

N/A

Hospital / Skilled Nursing Facility Charges

Deductible, 80%

$250 Copay, 50% Deductible

Outpatient Facility Charges

Deductible, 80%

Deductible, 50%

Ambulance

Deductible, 80%

Deductible, 80%

Emergency Room

Deductible, 80%

Deductible, 50%

Home Health Physical/Occupational Therapy ($1,000 Maximum) Colonoscopy

Deductible, 80% Deductible, 80% Deductible, 80%

Deductible, 50% Deductible, 50% Deductible, 50%

Mental Health & Substance Abuse

Deductible, 80%

Deductible, 50%

$20 Co-pay, then 100%

Deductible, 50%

Other Services

Chiropractic Benefits ($500 Max per year) Prescriptions

IN NETWORK ONLY --Mandatory Generic**

(Includes diabetic supplies and oral contraceptives) Retail (31 day supply) Mail Order Prescriptions (90 day supply) Specialty Pharmacy Rx (31 day supply)

4 Employee Benefits Guide

$10 (Generic) / $35 (Preferred) / $50 (Non-Preferred) $20 (Generic) / $80 (Preferred) / $140 (Non-Preferred) $100 co-payment for 31 day supply


Medical Plan Preferred Blue

Administered by BCBS of South Carolina

Eligible Employees: Full-time employees working at least 32 hours per week + at least 48 weeks per year are eligible the first of the month after 90 days of continuous employment. Bi-Weekly Pay Period Contribution:

Health, Dental Vision, Life

Dental, Life ONLY

Employee Only

$43.39

$2.87

Employee + Spouse

$179.66

$8.64

Employee + Child(ren)

$141.92

$11.20

Employee + Family

$236.96

$14.40

Deductions

*Mandatory Generic: If a generic version of a drug is available, but a member chooses a brand drug instead, he or she must pay the appropriate brand copay (preferred or non-preferred), plus the difference in the cost of the generic and the brand drug. The member will never pay more than the total cost of the brand drug. This applies even if a doctor indicates substitution of a generic is not acceptable. If a generic does not exist, the penalty does not apply. Mental Health: Mental Health and Substance Abuse Services must be Pre-Authorized by CBA prior to services being rendered. Call: 1-800-868-1032 Pre-Authorization: The following outpatient procedures need pre-authorization: Chemotherapy or Radiation Therapy (one time notification), Hysterectomy, Septoplasty, Sclerotherapy, all Cosmetic procedures, Investigational procedures performed in outpatient or office setting and Durable Medical Equipment over $500.00. All inpatient hospital or skilled nursing facility admissions, home health care, hospice care or inpatient physical rehabilitation, and services and supplies related to human organ and tissue transplants. South Carolina: 1-800-327-3238 Out of State: 800-334-7287. Appeal Rights: Except in the absence of legal capacity, claims must be filed no later than 15 months from the end of the benefit period in which you or your dependents receive medical services or supplies. You have 60 days from the date you receive an Explanation of Benefits regarding a claim to request a review of all or part of the claim. Mail Claims to: Blue Cross Blue Shield of SC, Columbia Service Center, PO Box 100300, Columbia, SC 29202 Customer Service: 1-800-760-9290 (Medical) / 1-888-963-7290 (Prescription Drugs)

Employee Benefits Hotline: 1-800-242-9350 5


Medical Plan Preferred Blue

Administered by BCBS of South Carolina

Health Incentive Account Would you like to reduce the amount of your health benefit deductible? Now you can. With a Health Incentive Account, you can lower your annual deductible simply by completing activities that may lead to better health. To be eligible, you must have active BlueCross BlueShield of South Carolina health coverage and be enrolled in a qualified Health Incentive Account plan through your employer.

Ways to lower your deductible: To earn deductible credits, you may choose up to two activities per calendar year. Credit opportunities are available to covered employees and/or their spouses. Dependent children are not eligible. • Complete your Personal Health Assessment – To take your Personal Health Assessment, visit SouthCarolinaBlues.com. Click My Health Toolkit and log in with your username and password. Need a username and password? Click Register and follow the instructions. After logging in, click Personal Health Assessment to begin.

We encourage you to take your Personal Health Assessment within the first 90 days of your effective date. One Personal Health Assessment credit per member per calendar year.

• Wellness Exam – Complete one general wellness exam, which may include: • Annual routine physical • Annual gynecological exam When your doctor files the general wellness exam claim, you automatically earn a credit. We suggest you obtain your wellness exam within 180 days of your health coverage effective date. Be sure to schedule your exam as far in advance as possible to maximize credit opportunity. One wellness exam credit per member per calendar year. Note that a mammogram, Pap smear or prostate exam by itself does not qualify as a general wellness exam.

• Weight Management – If you qualify, enroll in Weight Management and complete one coaching call. One Weight Management credit per lifetime.

• Smoking Cessation – If you qualify, enroll in Smoking Cessation and complete one coaching call. One Smoking Cessation credit per lifetime.

6 Employee Benefits Guide


Medical Plan Preferred Blue

• Maternity Care – If you qualify, enroll in Maternity Care within the first 20 weeks of pregnancy.

Administered by BCBS of South Carolina

Health Incentive Account

One Maternity Care credit per pregnancy per calendar year.

After you have completed an activity, an automatic credit will be applied to your current, annual deductible amount. The credit will appear in your online claim history and on your Summary Explanation of Benefits (EOB). The credit is good until the end of each calendar year and will not carry over into the next calendar year. Example: Current annual deductible Completed Personal Health Assessment credit New remaining annual deductible amount

$1,500.00 $1,000.00 $187.50 $125.00 $875.00 $1,312.50

Completed wellness exam credit $125.00 $187.50 New remaining annual deductible amount

$1,125.00 $750.00

We all want to save money. And with a Health Incentive Account, doing so has never been easier. Contact your Human Resources department today for more details.

SouthCarolinaBlues.com

Employee Benefits Hotline: 1-800-242-9350 7


Medical Plan Preferred Blue

Administered by BCBS of South Carolina

BlueCross BlueShield of South Carolina does more than cover health care needs when members are sick. We also help members prevent illnesses and identify problems before they become serious. We do this by providing our members with health-related resources and information. My Health Toolkit This online resource has a variety of tools to help you make the best decisions to better manage your benefits, your money and your health. Whether you need to locate an in-network doctor, compare the cost of prescription drugs through My Pharmacy ManagerSM or view claims information through My Insurance ManagerSM, My Health Toolkit has the resources you need. To access the following tools, visit www.SouthCarolinaBlues.com and then click on My Health Toolkit. Personal Health Record — A confidential, online tool providing a summary of all your health information, including doctor’s visits, prescriptions, lab results and much more. You also can keep track of upcoming medical appointments and print a copy of your medical history. Additional features are available, based on your benefit plan. My Insurance Manager — Log on to access real-time details on health and dental claims. Check your benefits status, view and print your Explanation of Benefits, request ID cards, e-mail questions to customer service and more.

Preferred Blue¨ PPO Network

My Pharmacy Manager — Look up cost and consumer information regarding prescription drugs. These costs can have a big impact on your health care budget. In many cases there are less expensive options. By using generic alternatives, you can save money.

You have the freedom to see any doctor you choose, but please note the cost received from the BlueCross’ network of physicians, health professionals and hospitals is at a discount rate. And we pass these savings on to you. Plus, you will receive a higher level of benefits when you use a network provider.

Find a Doctor — Find a network doctor or hospital across the country and around the world.

The Preferred Blue PPO network is the largest and most complete network in South Carolina. It includes 90 percent of the state’s doctors and hospitals.

Personal Health Assessment — An online survey that helps identify risk factors and offers ways to improve your health based on your answers. Health and Wellness Tools — These tools help prevent illness and identify problems before they become serious. They include interactive tools that help you assess, plan and track your health activities. You will also find medical information, health calculators, self-care channels and nutrition guides.

The BlueCard¨ Program Through the BlueCard Program, you have access to a full network of doctors, health professionals and hospitals throughout the United States and worldwide. The BlueCard Program allows you to enjoy in-network discounts from health professionals when you are traveling or living out of your Blue plan’s service area. When traveling within the United States, members can enjoy the savings each local Blue plan has negotiated with physicians, health professionals and hospitals in their area. Participating U.S. physicians and facilities should file the claims on your behalf just as if you were seeing a doctor at home. The local Blue plan will forward the claim to the home plan for processing, so there is no extra paperwork for you. Pre-certification or prior authorization may be required for certain services. Call the Member Services number on your ID card for information. To find a BlueCard physician or hospital anywhere in the United States, you can call 1-800-810-BLUE (2583) or use the Find a Doctor feature available online.

8 Employee Benefits Guide

To find a Preferred Blue network doctor or hospital near you, use the Find a Doctor feature on our Web site. By paying attention to health care costs today, you can help control health care premiums tomorrow.

Natural BlueSM BlueCross members have access to the Natural Blue discount network of complementary and alternative medicine professionals. You’ll have access to acupuncturists, massage therapists, chiropractors, exercise and movement specialists, and diet and supplemental advisors throughout the country. Through Natural Blue, you can also get information and discounts on magazines, day spas, fitness centers and products like nutritional supplements. For more information and to locate a participating provider, call 1-866-656-6070. To order discounted nutritional supplements, call 1-800-931-1709. For information on all services, visit www.SouthCarolinaBlues.com.

Weight Loss Through the Jenny Craig discount program, losing weight just got easier. Members receive discounts on memberships and the cost of food. Together with your consultant, you’ll develop a comprehensive program designed to fit your lifestyle. Just present your special member coupon or member ID card to enjoy the discounts at any participating Jenny Craig Centre. To find a location near you, call 1-800-JENNY-20 or visit www.SouthCarolinaBlues.com.


Medical Plan Preferred Blue

Administered by BCBS of South Carolina

Value-added programs and services help you take charge of your health and save money. These bonus programs complement your health plan benefits and are available to you at no extra cost. They include discounts, information and access to a variety of health related products and services. Now that’s added value beyond just health insurance. It’s innovative health care designed around you. Hair Restoration If you have thinning hair, take advantage of our hair restoration discount program. Receive a discount off the cost of a hair restoration procedure that restores your own hair. Once your hair is restored, it will continue to grow naturally. Call 1-800-510-5357 or visit www.SouthCarolinaBlues.com to find a participating location or center for this special discount program and service.

Allergy Relief Save up to 10 percent off typical retail costs for allergy relief products designed to reduce exposure to indoor allergens such as dust, pet dander and mold. Enjoy savings on the following products: - Air filters - Air cleaners - Pillow and mattress encasings - Laundry and carpet products - Hypoallergenic bedding

Hearing Aid Discounts Save up to 50 percent on hearing aids. Other benefits of the program include:

Call 1-877-362-6283 or visit www.SouthCarolinaBlues.com to purchase allergy relief products at discounted prices.

Cosmetic Surgery

- Free hearing screenings by professional audiologists and specialists - Complete follow-up care for one year - Testing by trained specialists or audiologists

Members can get cosmetic surgery at special rates for the most popular procedures. If you visit one of the participating cosmetic surgery providers, your rates on average will be 20 percent less than typical costs.

Visit www.SouthCarolinaBlues.com to find a participating location.

Visit the Discounts & Added Values section of www. SouthCarolinaBlues.com for more details about our cosmetic surgery discount program.

Vision ONE You can receive vision care discounts on designer frames, bifocals and more through the Vision ONE Eyecare Program. It’s easy. Just present your ID card to receive the discount at a participating optical center. There are no claims to file. Call 1-866-559-5252 or visit www.SouthCarolinaBlues.com to find a Vision ONE center near you.

LASIK Services and Contact Lenses Explore the possibility of life without glasses or contact lenses. Laser vision correction can help correct nearsightedness and astigmatism. We’ve teamed up with eye care professionals nationwide to bring you this service at one of the most reasonable prices available. LASIK services include: - Vision exam - Corrective surgery - Pre-operative care - Post-operative care for one year Simply show your BlueCross ID card to a participating eye care professional to receive this discount. Call 1-877-571-2020 or visit www. SouthCarolinaBlues.com for more information or to find a location near you.

Cosmetic Dentistry For the most popular cosmetic dentistry procedures — like whitening, veneers and bridges — simply visit one of our cosmetic dentistry partners and enjoy cost savings. After paying a one-time $50 evaluation fee to the dentist, you’ll receive 20 percent savings. Visit our Web site for a complete list of procedures and to find a

partner near you.

Global Health and Dental Care These programs provide members the option of receiving medical and dental services at participating, accredited, overseas facilities at a fraction of the cost for receiving those services within the United States. Members traveling abroad receive assistance with surgical and dental services as well as travel arrangements. For more information or a listing of participating facilities, call 1-877-232-0765 or visit www.SouthCarolinaBlues.com.

Employee Benefits Hotline: 1-800-242-9350 9


Dental Plan

Benefit Category Deductible per member, up to 3 per family

Administered by

In-Network / Out of Network

$50 / $50

Class I - Diagnostic/Preventative Services (No Deductible)

Routine Exams (once every 6 months) Cleaning/Polishing (every 6 months) Fluoride (Adult fluoride: 14 & over / children’s fluoride: 13 & under) Space Maintainers (19 and under) Diagnostic Casts Full mouth X-rays Bitewing X-rays (1 every 12 months) Sealants (children 6 -15)

100%

Class II - Basic Service (After Deductible)

Restorative Amalgams (fillings) Restorative Composites (fillings) Endodontics (nonsurgical) Endodontics (surgical) Periodontics (nonsurgical) Periodontics (surgical) Denture Repair Simple Extractions Complex Extractions Anesthesia

80%

Class III - Major Service (After Deductible)

Inlays, Onlays Crowns (1 in 10 years per tooth) Crown Repair Prosthodontics

(fixed bridge; removable complete/partial dentures) (1 in 10 years)

50%

Class IV - Orthodontia Lifetime Maximum (Dependent/Adult)

$1,000

Annual Program Maximum (per covered person)

$1,000

Dependents can be covered up to age 26 regardless of full-time student status. In Network Benefits Although employees are not required to use an In Network Provider, if employees use an In Network Provider they will not be subject to balance billing after The Standard pays the designated portion above. If employees choose to use an Out-of-Network Provider, the plan will pay up to the 90th percentile of usual and customary. Predetermination of Benefits If an insured person needs dental treatment that the dentist estimates will cost $150.00 or more, the dentist should file for predetermination of benefits to The Standard. By doing this, the dentist and the patient will know in advance how much your dental coverage will pay for the recommended course of treatment. To file for predetermination of benefits, the dentist should list, on a dental claim form, the treatment he plans to perform and the charges for that treatment. The form should be sent to the Dental Claims Processing Unit at The Standard. After determining the amount of benefits payable, The Standard will advise both dentist and patient the amount of money that can be paid under your dental coverage. If treatment costs $150.00 or more and the dentist does not ask for predetermination of benefits, claims will be paid according to the information contained on the claim form. Predetermination of benefits is not necessary for treatment that costs less than $150.00 or for emergency care, routine oral examinations, X-rays, fluoride treatments, and cleaning, scaling or polishing teeth.

Questions? Call customer service: 800-547-9515

10 Employee Benefits Guide


Vision Plan

Administered by

Dependents can be covered up to age 26 regardless of full-time student status.

Employee Benefits Hotline: 1-800-242-9350 11


Short term Disability

Administered by

benefit overview Coverage Begins

Benefit Begins

Benefit Amount

Maximum Payment Period

First of the month following 90 days of full time active employment 1st day non-occupational accidental injury 8th day non-occupational sickness 60% of weekly earnings, not to exceed $1,400

26 weeks

*Since disability insurance replaces a percentage of your pay, it is important to understand that any raises that are received by employees, will increase the potential benefit of employees, it will also increase the deduction amount for that coverage.

12 Employee Benefits Guide


Long term Disability

Administered by

benefit overview Coverage Begins

First of the month following 90 days of full time active employment

Benefit Begins

Integrated following 180 days of STD coverage

Benefit Amount

Maximum Payment Period

60% of income not to exceed $5,000 per month

Age 65

*Since disability insurance replaces a percentage of your pay, it is important to understand that any raises that are received by employees, will increase the potential benefit of employees, it will also increase the deduction amount for that coverage.

Employee Benefits Hotline: 1-800-242-9350 13


Basic Life and AD&D Insurance

Administered by

benefit overview Eligibility

First of the month following 90 days of full time active employment

Life Insurance Benefit Amount

All employees receive $10,000 in coverage

AD&D Insurance Benefit Amount

All employees receive $10,000 in coverage

Reduction Schedule

Reduces to 35% at age 65 An additional 25% of the original amount at age 70 An additional 15% of the original amount at age 75 Benefits terminate at retirement

Accelerated Death Benefit If terminally ill, you can get a partial payment of your group term life insurance benefit. You can use this payment as you see fit. In the event of your death, your beneficiary will receive a benefit payout which has been reduced by the amount you receive. AD&D Accidental Death and Dismemberment (AD&D) insurance pays you and your beneficiary a benefit for loss of life or other injuries resulting from a covered accident--100% for loss of life and a lesser percentage for other injuries. Injuries covered may include loss of sight or speech, paralysis, and dismemberment of hands or feet. Optional Accidental Death and Dismemberment benefits are paid regardless of other coverages you may have. Seat Belt, Airbag, Common Carrier If you die as a result of a covered auto accident while wearing a seat belt or in a vehicle equipped with an airbag, benefits are payable up to $10,000 or 10% of the principal sum, whichever is less. If loss occurs for you due to an accident while riding as a passenger in a common carrier, benefits will be double the amount that would otherwise apply as outlined in the certificate. Term Life Coverage provided to the designated beneficiary upon the death of the insured. Coverage is provided for the time period that you are eligible and premium is paid. There is no cash value associated with this product.

For assistance or additional information Contact Prudential at 1-800-842-1718 or log on to www.prudential.com

14 Employee Benefits Guide


Voluntary Term Life Insurance

Administered by

Employee Coverage • • • •

From $10,000 to $500,000 maximum benefit, in $10,000 increments. May not exceed 5x annual earnings (rounded to the next highest $10,000). News hires are guaranteed issue up to $200,000 Coverage will be reduced as you age - by 35% at age 65 and 50% at age 70.

Spouse Coverage • From $5,000 to $250,000, not to exceed 50% of employee coverage, in $5,000 increments. How much will guaranteed cost • News hiresit are issue up to $20,000 • Coverage will be reduced as you age - by 35% at age 65 and 50% at age 70. Dependent Coverage • From $2,000 to $10,000, not to exceed 50% of employee coverage, in $2,000 increments. much does life insurance cost?" •"How Coverage begins from 14 days, and continues to age 19, if unmarried. • If unmarried, dependent on you and a full-time student, coverage continues to age 25.

Use the grids below to find the cost of insurance for yourself, your spouse, and each of your children. These rates are effective 02/01/2009.View rates below and on following page Optional Term Life - Employee Bi-Weekly Cost per Coverage Amount Age

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$100,000

$110,000

$120,000

$130,000

0-19

$0.22

$0.43

$0.65

$0.87

$1.08

$1.30

$1.52

$1.74

$1.95

$2.17

$2.39

$2.60

$2.82

20-24

$0.22

$0.43

$0.65

$0.87

$1.08

$1.30

$1.52

$1.74

$1.95

$2.17

$2.39

$2.60

$2.82

25-29

$0.22

$0.43

$0.65

$0.87

$1.08

$1.30

$1.52

$1.74

$1.95

$2.17

$2.39

$2.60

$2.82

30-34

$0.22

$0.43

$0.65

$0.87

$1.08

$1.30

$1.52

$1.74

$1.95

$2.17

$2.39

$2.60

$2.82

35-39

$0.36

$0.72

$1.08

$1.44

$1.80

$2.16

$2.52

$2.88

$3.24

$3.60

$3.96

$4.32

$4.68

40-44

$0.58

$1.16

$1.74

$2.33

$2.91

$3.49

$4.07

$4.65

$5.23

$5.82

$6.40

$6.98

$7.56

45-49

$0.87

$1.74

$2.62

$3.49

$4.36

$5.23

$6.11

$6.98

$7.85

$8.72

$9.60

$10.47

$11.34

50-54

$1.64

$3.28

$4.92

$6.55

$8.19

$9.83

$11.47

$13.11

$14.75

$16.38

$18.02

$19.66

$21.30

55-59

$2.83

$5.67

$8.50

$11.34

$14.17

$17.00

$19.84

$22.67

$25.50

$28.34

$31.17

$34.01

$36.84

60-64

$4.18

$8.35

$12.53

$16.71

$20.88

$25.06

$29.24

$33.42

$37.59

$41.77

$45.95

$50.12

$54.30

65-69

$6.28

$12.55

$18.83

$25.11

$31.38

$37.66

$43.94

$50.22

$56.49

$62.77

$69.05

$75.32

$81.60

70-74

$10.85

$21.69

$32.54

$43.38

$54.23

$65.08

$75.92

$86.77

$97.62

$108.46

$119.31

$130.15

$141.00

75-79

$20.77

$41.54

$62.31

$83.08

$103.85

$124.62

$145.38

$166.15

$186.92

$207.69

$228.46

$249.23

$270.00

80-84

$20.77

$41.54

$62.31

$83.08

$103.85

$124.62

$145.38

$166.15

$186.92

$207.69

$228.46

$249.23

$270.00

85-100

$20.77

$41.54

$62.31

$83.08

$103.85

$124.62

$145.38

$166.15

$186.92

$207.69

$228.46

$249.23

$270.00

Age

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000

0-19

$3.04

$3.25

$3.47

$3.69

$3.90

$4.12

$4.34

$5.42

$6.51

$7.59

$8.68

$9.76

$10.85

20-24

$3.04

$3.25

$3.47

$3.69

$3.90

$4.12

$4.34

$5.42

$6.51

$7.59

$8.68

$9.76

$10.85

25-29

$3.04

$3.25

$3.47

$3.69

$3.90

$4.12

$4.34

$5.42

$6.51

$7.59

$8.68

$9.76

$10.85

30-34

$3.04

$3.25

$3.47

$3.69

$3.90

$4.12

$4.34

$5.42

$6.51

$7.59

$8.68

$9.76

$10.85

35-39

$5.04

$5.40

$5.76

$6.12

$6.48

$6.84

$7.20

$9.00

$10.80

$12.60

$14.40

$16.20

$18.00

40-44

$8.14

$8.72

$9.30

$9.89

$10.47

$11.05

$11.63

$14.54

$17.45

$20.35

$23.26

$26.17

$29.08

45-49

$12.21

$13.08

$13.96

$14.83

$15.70

$16.57

$17.45

$21.81

$26.17

$30.53

$34.89

$39.25

$43.62

50-54

$22.94

$24.58

$26.22

$27.85

$29.49

$31.13

$32.77

$40.96

$49.15

$57.35

$65.54

$73.73

$81.92

55-59

$39.67

$42.51

$45.34

$48.18

$51.01

$53.84

$56.68

$70.85

$85.02

$99.18

$113.35

$127.52

$141.69

60-64

$58.48

$62.65

$66.83

$71.01

$75.18

$79.36

$83.54

$104.42

$125.31

$146.19

$167.08

$187.96

$208.85

65-69

$87.88

$94.15

$100.43

$106.71

$112.98

$119.26

$125.54

$156.92

$188.31

$219.69

$251.08

$282.46

$313.85

70-74

$151.85

$162.69

$173.54

$184.38

$195.23

$206.08

$216.92

$271.15

$325.38

$379.62

$433.85

$488.08

$542.31

75-79

$290.77

$311.54

$332.31

$353.08

$373.85

$394.62

$415.38

$519.23

$623.08

$726.92

$830.77

$934.62

$1,038.46

80-84

$290.77

$311.54

$332.31

$353.08

$373.85

$394.62

$415.38

$519.23

$623.08

$726.92

$830.77

$934.62

$1,038.46

85-100

$290.77

$311.54

$332.31

$353.08

$373.85

$394.62

$415.38

$519.23

$623.08

$726.92

$830.77

$934.62

$1,038.46

Rates may change as the insured enters a higher age category. Also, rates may change if plan experience requires a change for all insureds.

Employee Benefits Hotline: 1-800-242-9350 15


Voluntary Term Life Insurance

Administered by

"How much it will cost" (continued from previous page) Optional Dependent Term Life - Spouse Bi-Weekly Cost per Coverage Amount Spouse rate is based on employee's age Age

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

$45,000

$50,000

$55,000

$60,000

$65,000

0-19

$0.11

$0.22

$0.33

$0.43

$0.54

$0.65

$0.76

$0.87

$0.98

$1.08

$1.19

$1.30

$1.41

20-24

$0.11

$0.22

$0.33

$0.43

$0.54

$0.65

$0.76

$0.87

$0.98

$1.08

$1.19

$1.30

$1.41

25-29

$0.11

$0.22

$0.33

$0.43

$0.54

$0.65

$0.76

$0.87

$0.98

$1.08

$1.19

$1.30

$1.41

30-34

$0.11

$0.22

$0.33

$0.43

$0.54

$0.65

$0.76

$0.87

$0.98

$1.08

$1.19

$1.30

$1.41

35-39

$0.18

$0.36

$0.54

$0.72

$0.90

$1.08

$1.26

$1.44

$1.62

$1.80

$1.98

$2.16

$2.34

40-44

$0.29

$0.58

$0.87

$1.16

$1.45

$1.74

$2.04

$2.33

$2.62

$2.91

$3.20

$3.49

$3.78

45-49

$0.44

$0.87

$1.31

$1.74

$2.18

$2.62

$3.05

$3.49

$3.93

$4.36

$4.80

$5.23

$5.67

50-54

$0.82

$1.64

$2.46

$3.28

$4.10

$4.92

$5.73

$6.55

$7.37

$8.19

$9.01

$9.83

$10.65

55-59

$1.42

$2.83

$4.25

$5.67

$7.08

$8.50

$9.92

$11.34

$12.75

$14.17

$15.59

$17.00

$18.42

60-64

$2.09

$4.18

$6.27

$8.35

$10.44

$12.53

$14.62

$16.71

$18.80

$20.88

$22.97

$25.06

$27.15

65-69

$3.14

$6.28

$9.42

$12.55

$15.69

$18.83

$21.97

$25.11

$28.25

$31.38

$34.52

$37.66

$40.80

70-74

$5.42

$10.85

$16.27

$21.69

$27.12

$32.54

$37.96

$43.38

$48.81

$54.23

$59.65

$65.08

$70.50

75-79

$10.38

$20.77

$31.15

$41.54

$51.92

$62.31

$72.69

$83.08

$93.46

$103.85

$114.23

$124.62

$135.00

80-84

$10.38

$20.77

$31.15

$41.54

$51.92

$62.31

$72.69

$83.08

$93.46

$103.85

$114.23

$124.62

$135.00

85-100

$10.38

$20.77

$31.15

$41.54

$51.92

$62.31

$72.69

$83.08

$93.46

$103.85

$114.23

$124.62

$135.00

Age

$70,000

$75,000

$80,000

$85,000

$90,000

$95,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

$250,000

Spouse rate is based on employee's age 0-19

$1.52

$1.63

$1.74

$1.84

$1.95

$2.06

$2.17

$2.71

$3.25

$3.80

$4.34

$4.88

$5.42

20-24

$1.52

$1.63

$1.74

$1.84

$1.95

$2.06

$2.17

$2.71

$3.25

$3.80

$4.34

$4.88

$5.42

25-29

$1.52

$1.63

$1.74

$1.84

$1.95

$2.06

$2.17

$2.71

$3.25

$3.80

$4.34

$4.88

$5.42

30-34

$1.52

$1.63

$1.74

$1.84

$1.95

$2.06

$2.17

$2.71

$3.25

$3.80

$4.34

$4.88

$5.42

35-39

$2.52

$2.70

$2.88

$3.06

$3.24

$3.42

$3.60

$4.50

$5.40

$6.30

$7.20

$8.10

$9.00

40-44

$4.07

$4.36

$4.65

$4.94

$5.23

$5.52

$5.82

$7.27

$8.72

$10.18

$11.63

$13.08

$14.54

45-49

$6.11

$6.54

$6.98

$7.41

$7.85

$8.29

$8.72

$10.90

$13.08

$15.27

$17.45

$19.63

$21.81

50-54

$11.47

$12.29

$13.11

$13.93

$14.75

$15.57

$16.38

$20.48

$24.58

$28.67

$32.77

$36.87

$40.96

55-59

$19.84

$21.25

$22.67

$24.09

$25.50

$26.92

$28.34

$35.42

$42.51

$49.59

$56.68

$63.76

$70.85

60-64

$29.24

$31.33

$33.42

$35.50

$37.59

$39.68

$41.77

$52.21

$62.65

$73.10

$83.54

$93.98

$104.42

65-69

$43.94

$47.08

$50.22

$53.35

$56.49

$59.63

$62.77

$78.46

$94.15

$109.85

$125.54

$141.23

$156.92

70-74

$75.92

$81.35

$86.77

$92.19

$97.62

$103.04

$108.46

$135.58

$162.69

$189.81

$216.92

$244.04

$271.15

75-79

$145.38

$155.77

$166.15

$176.54

$186.92

$197.31

$207.69

$259.62

$311.54

$363.46

$415.38

$467.31

$519.23

80-84

$145.38

$155.77

$166.15

$176.54

$186.92

$197.31

$207.69

$259.62

$311.54

$363.46

$415.38

$467.31

$519.23

85-100

$145.38

$155.77

$166.15

$176.54

$186.92

$197.31

$207.69

$259.62

$311.54

$363.46

$415.38

$467.31

$519.23

Rates may change as the insured enters a higher age category. Also, rates may change if plan experience requires a change for all insureds.

Optional Dependent Term Life - Children Bi-Weekly Cost per Coverage Amount One premium rate covers all eligible children $2,000

$4,000

$6,000

$8,000

$10,000

$0.09

$0.18

$0.26

$0.35

$0.44

Rates may change if plan experience requires a change for all insureds.

16 Employee Benefits Guide


Voluntary Term Life Insurance

Administered by

Employee Coverage • • • •

From $10,000 to $500,000 maximum benefit, in $10,000 increments. May not exceed 5x annual earnings (rounded to the next highest $10,000). News hires are guaranteed issue up to $200,000. Coverage will be reduced as you age - by 35% at age 65 and 50% at age 70.

Optional Accidental Death and Dismemberment - Employee Bi-Weekly Cost per Coverage Amount $10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$0.09

$0.18

$0.26

$0.35

$0.44

$0.53

$0.61

$0.70

$0.79

$100,000 $110,000 $120,000 $130,000 $0.88

$0.96

$1.05

$1.14

$140,000 $150,000 $160,000 $170,000 $180,000 $190,000 $200,000 $210,000 $220,000 $230,000 $240,000 $250,000 $260,000 $1.23

$1.32

$1.40

$1.49

$1.58

$1.67

$1.75

$1.84

$1.93

$2.02

$2.10

$2.19

$2.28

$270,000 $280,000 $290,000 $300,000 $310,000 $320,000 $330,000 $340,000 $350,000 $360,000 $370,000 $380,000 $2.37

$2.46

$2.54

$2.63

$2.72

$2.81

$2.89

$2.98

$3.07

$3.16

$3.24

$3.33

$390,000 $400,000 $410,000 $420,000 $430,000 $440,000 $450,000 $460,000 $470,000 $480,000 $490,000 $500,000 $3.42

$3.51

$3.60

$3.68

$3.77

$3.86

$3.95

$4.03

$4.12

$4.21

$4.30

$4.38

Rates may change if plan experience requires a change for all insureds.

Employee Benefits Hotline: 1-800-242-9350 17


401(k) Plan

Administered by

Who is eligible to participate in the plan? As an employee of SPM Resorts, you are eligible to participate in the plan after you meet your plan’s age and service requirements. You must attain age 18 and complete six months of service or period of service as defined by the plan. You may begin participating in the plan on the first day of each month following your eligibility. How do I enroll in the plan? Complete the enrollment and beneficiary designation forms and return them to your employer. Once enrolled, may I make changes or stop my contributions? To change or stop your contribution, complete the Participant Information Change form and complete the “Contribution Rate Election” section. If you wish to stop your contribution fill in 0% for your contribution rate. How can I participate in the plan? Your plan allows employee contributions. You are permitted to defer a percentage of your compensation from 1% to 15% on a pre tax basis. The IRS contribution limit for 2011 is $15,500. If you are age 50 or older, you may contribute up to $20,500 under a special over age 50 catch-up rule. To take advantage of the catch up provision, simply indicate on your enrollment form a pre-tax salary deferral percentage equal to the maximum contribution of $20,500. Total employee and employer contributions are limited for 2011 to 100% of your compensation or $46,000, whichever is less. Will SPM Resorts match the amount that I contribute? Your plan provides that SPM Resorts may make employer matching contributions equal to a discretionary percentage that it determines. Does the plan accept rollover contributions? Yes, you may rollover assets from eligible retirement plans if you are an eligible employee. Please note that not all assets may be eligible. Contact your employer for more information.

18 Employee Benefits Guide

What is Vesting? Vesting refers to your “ownership” of your plan account balance. You are always 100% vested in the employee contributions you make to the plan, plus any earnings they generate. The vesting schedule for the employer matching contributions is as follows: 0-2 years of service = 0% vested 3+ years of service = 100% vested When may I take distribution from my plan? You may take a distribution amount from your plan only in the following events: Retirement, Death, Severance from Employment, Total and Permanent Disability, Attainment of age 59.5, In-service distribution.

Contact Karen Middleton at SPM Resorts for further information at 843-238-5000 or Call ING from 8am to 8pm at 1-800-962-5046


Medicare Part D Credible Coverage & Lifetime Limit Notices

Medicare Part D Credible Coverage Notice Prior to November 15, 2007, all employers who offer a medical plan that provides pharmacy coverage are required to send a notice to all plan participants who are eligible for Medicare. Because we do not track which of our employees are eligible for Medicare, we are meeting this obligation by providing this notice to all employees who are eligible for our benefits program. This notice does not apply to you if you or your dependents are not Medicare eligible. If you or a covered dependent are Medicare eligible or will become Medicare eligible in 2010 or 2011, this notice is important to you and contains important, time sensitive information. Please read it carefully and act accordingly to protect your interests. Please read this notice carefully and keep it where you can find it. This notice has information about your current prescription drug coverage with SPM Resorts, and prescription drug coverage available for people with Medicare. It also tells you where to find more information to help you make decisions about your prescription drug coverage. • Medicare prescription drug coverage became available in 2006 to everyone with Medicare through Medicare prescription drug plans and Medicare Advantage Plans that offer prescription drug coverage. All Medicare prescription drug plans provide at least a standard of coverage set by Medicare. Some plans may also offer more coverage for a higher monthly premium.

with SPM Resorts and don’t enroll in Medicare prescription drug coverage after your current coverage ends, you may pay more to enroll in Medicare prescription drug coverage later. If you go 63 days or longer without prescription drug coverage that’s at least as good as Medicare’s prescription drug coverage, your monthly premium will go up at least 1% per month for every month that you did not have that coverage. For example, if you go nineteen months without coverage, your premium will always be at least 19% higher than what most other people pay. You’ll have to pay this higher premium as long as you have Medicare coverage. In addition, you may have to wait until the following November to enroll. For more information about this notice or your current prescription drug coverage, contact our customer service team for further information at 1-800-242-9350. NOTE: You may receive this notice at other times in the future such as before the next period you can enroll in Medicare prescription drug coverage, and if this coverage changes. You also may request a copy at any time. More detailed information about Medicare plans that offer prescription drug coverage is available in the ’Medicare & You’ handbook. You will get a copy of the handbook in the mail every year from Medicare. You may also be contacted directly by Medicare prescription drug plans. You can also get more information about Medicare prescription drug plans from these places: • Visit www.medicare.gov.

• SPM Resorts has determined that the prescription drug benefit offered through SPM Resorts medical plan is, on average for all plan participants, expected to pay as much as the standard Medicare prescription drug coverage and is considered creditable coverage.

• Call your State Health Insurance Assistance Program (see your copy of the Medicare & You handbook for their telephone number) for personalized help.

Individuals can enroll in a Medicare prescription drug plan when they first become eligible for Medicare and each year from November 15th through December 31st. However, because you have existing prescription drug coverage that, on average, is as good as Medicare coverage, you can choose to join a Medicare prescription drug plan later. Each year after that, you will have the opportunity to enroll in a Medicare prescription drug plan between November 15th through December 31st. If you do decide to enroll in a Medicare prescription drug plan and want to drop your SPM Resorts prescription drug coverage you will have to drop all of your healthcare coverage with SPM Resorts since prescription drug coverage is a part of your SPM Resorts healthcare plan. Please be aware that you may not be able to get this coverage back should you decide to drop it.

TTY users should call 1–877–486–2048

You should compare your current coverage, including which drugs are covered, with the coverage and cost of the plans offering Medicare prescription drug coverage in your area. Your current coverage pays for other health expenses in addition to prescription drugs. You will be eligible to receive all of your current health and prescription drug benefits even if you choose to enroll in a Medicare prescription drug plan.

lifetime limit change notice

• Call 1–800–MEDICARE (1–800–633–4227).

For people with limited income and resources, extra help paying for a Medicare prescription drug plan is available. Information about this extra help is available from the Social Security Administration (SSA). For more information about this extra help, visit SSA online at www.ssa.gov, or call them at 1–800–772–1213 (TTY1–800–325– 0778). Remember: Keep this notice. If you enroll in one of the Medicare approved plans offering prescription drug coverage, you may need to provide a copy of this notice when applying for the coverage to show that you are not required to pay a higher premium amount.

The lifetime limit on the dollar value of benefits under SPM Resorts no longer applies. Individuals whose coverage ended by reason of reaching a lifetime limit under the plan are eligible to enroll in the plan. For more information contact Blue Water Benefits at 1-800-242-9350.

You should also know that if you drop or lose your coverage

Employee Benefits Hotline: 1-800-242-9350 19


CHIP & Dependent Children Coverage Notices

Medicaid and the Children’s Health Insurance Program (CHIP) Offer Free Or Low-Cost Health Coverage To Children And Families If you are eligible for health coverage from your employer, but are unable to afford the premiums, some States have premium assistance programs that can help pay for coverage. These States use funds from their Medicaid or CHIP programs to help people who are eligible for employer-sponsored health coverage, but need assistance in paying their health premiums. If you or your dependents are already enrolled in Medicaid or CHIP, you can contact your State Medicaid or CHIP office to find out if premium assistance is available. If you or your dependents are NOT currently enrolled in Medicaid or CHIP, and you think you or any of your dependents might be eligible for either of these programs, you can contact your State Medicaid or CHIP office or dial

1-877-KIDS NOW or www.insurekidsnow.gov to find out how to apply. If you qualify, you can ask the State if it has a program that might help you pay the premiums for an employer-sponsored plan. Once it is determined that you or your dependents are eligible for premium assistance under Medicaid or CHIP, your employer’s health plan is required to permit you and your dependents to enroll in the plan – as long as you and your dependents are eligible, but not already enrolled in the employer’s plan. This is called a “special enrollment” opportunity, and you must request coverage within 60 days of being determined eligible for premium assistance.

You should contact your State for further information on eligibility SOUTH CAROLINA – Medicaid Website: http://www.scdhhs.gov Phone: 1-888-549-0820 For more information on special enrollment rights, you can contact either: U.S. Department of Labor U.S. Employee Benefits Security Administration www.dol.gov/ebsa 1-866-444-EBSA (3272)

Department of Health and Human Services Centers for Medicare & Medicaid Services www.cms.hhs.gov 1-877-267-2323, Ext. 61565

dependent children coverage Notice

Your adult children can join or remain on your plan whether or not they are:

Individuals whose coverage ended, or who were denied coverage (or were not eligible for coverage), because the availability of dependent coverage of children ended before attainment of age 26 are eligible to enroll in the SPM Resorts health plan. Individuals may request enrollment for such children during open enrollment. Enrollment will be effective January 1, 2011. For more information contact the Benefits Hotline at 1-800-242-9350.

• Married; • Living with you; • In school; • Financially dependent on you; • Eligible to enroll in their employer’s plan, with one temporary exception: Until 2014 “grandfathered” group plans do not have to offer dependent coverage up to age 26 if a young adult is eligible for group coverage outside their parents’ plan.

SPM Resorts Employee Benefits Guide  

A quick reference for employees to access their benefits information.