The Annual Enrollment Period for 2021 benefits is: October 21 through November 4, 2020

To enroll, click here: Enroll/View/Change Elections at Your Benefits Resources (YBR).

Your benefits,your way.  

Annual Benefits Enrollment is your annual opportunity to compare and enroll in medical and other benefits offered by Transformco.

Take action! Don’t Lose Your Coverage! 

All benefits-eligible associates must actively enroll in the following plans during Annual Enrollment (if they wish to continue coverage next year - 2021):*

• Medical and prescription drug coverage
• Dental coverage
• Vision coverage
• Flexible Spending Account (FSA) or Health Savings Account (HSA) contributions

New Supplemental Medical Benefit

We are excited to introduce a new voluntary benefit option for 2021:

• Hospital Care insurance can supplement your medical plan and provides you and your family with coverage and additional financial protection needed for expenses associated with an unplanned covered accident, illness and qualified hospitalization.

In addition, all associates must “refresh” their spouse surcharge and tobacco credit elections. None of these elections will carry over from 2020. Although optional life insurance coverage automatically rolls over into 2021, be sure to closely review this coverage as your options and prices may have changed.

* This includes all benefits-eligible associates in the continental U.S., Puerto Rico, Guam, and the U.S. Virgin Islands. Due to state law, associates in Hawaii who do not currently have coverage will default into coverage.

Before You Enroll:

• Read the 2021 Transformco Annual Benefits Enrollment Guide: English/Spanish and consider your options for medical and prescription drug coverage.

• Confirm or update your home address, preferred email address and phone number on YBR.  If you choose to go paperless, you won’t miss out on important benefits messages. Once you’re on the YBR website, go to Your Profile in the upper right and choose the link for Manage Communications. Select Management Communications, make updates to preferred contact information and delivery preference.  

   

• Go to YBR beginning October 21 to check out the enhancements made available during Annual Enrollment and utilize the various tools and resources to help you make your enrollment decisions.

During Enrollment:

• Review your options and choose coverage on YBR. You can make changes up until Annual Benefits Enrollment closes on November 4

• Take a closer look at all your available benefits for 2021. Specifically consider increasing your pre-tax contributions to your Health Savings Account (HSA) if you elect to enroll in the Basic Plan. 

• Use the various tools and resources listed in the 2021 Transformco Annual Benefits Enrollment Guide: English\Spanish. Transformco remains committed to helping you select the right medical coverage for your situation. That's why helpful tools and resources are made available on YBR to help you make your enrollment decisions. Decide what is right for you and your family.

• It's a perfect time to take a closer look at your Transformco Savings Plan. The Transformco Savings Plan is an easy way to save for retirement with pre-tax or post-tax savings and automatic payroll deductions.

• Update your life insurance beneficiaries. If you have not done so already, you must designate beneficiaries for your life insurance and 401(k) Savings Plan.  You must add your beneficiary designations for life insurance even if you only have company paid life insurance. 

After Enrollment:

• Make sure to review and print a copy of your Confirmation of Benefits statement to verify your elections. You will  receive a confirmation email and a Confirmation of Benefits statement (PDF) in your Secure Participant Mailbox on YBR within two business days of enrollment. 

• Make sure your Confirmation of Benefits statement accurately reflects the elections you made during Annual Enrollment. Should you notice an error in elections, please contact the Transformco Benefits Center at 1.888.88sears (1.888.887.3277) and choose option 1 for health and financial benefits, 7 a.m. to 7 p.m. Central time.
  

Important Tip:

• Single Sign-On. You can log in to YBR make your enrollment elections by simply entering your Enterprise ID and password!