Schlumberger 2015 Annual Enrollment

1. Schlumberger 2015 Annual Enrollment November 3 to 21, 2014

2. What we’ll talk about today • What’s new for 2015 • What you need to know • Plan refresher • What you need to think about • What you need to do 2015 Annual Enrollment – November 3 to 21

3. It’s all good news! WHAT’S NEW FOR 2015

4. What’s new for 2015 Additions to the Wellness Account • Fitness league fees • Fitness classes • Comprehensive medical exams • Naturopathic medicines * Remember: You can also claim your LTD premiums from your Wellness Account.

5. What’s new for 2015 (continued) Wellness Accounts • Now the new default for any excess flex dollars you may have • When you enroll, be sure to allocate your excess flex dollars to either your: • Health Care Spending Account; or • Wellness Account * Don’t forfeit! You have two years to use the money in these accounts. Last year almost 1000 employees forfeited $300 each.

6. What’s new for 2015 (continued) Smoking cessation • Removal of $500 cap on smoking cessation drugs And don’t forget … • Non-medical smoking cessation programs – your Health coverage and HCSA • Life insurance can be up to double the price for smokers

7. What’s new for 2015 (continued) Price tag changes • Medical price tags are going up 5% • Dental price tags are going up 6% • Long-term disability price tags are going up by 16%, and that’s for all options • Basic life insurance is up 14% — paid by Schlumberger • Accident insurance is unchanged * Remember: Schlumberger is increasing your flex dollars by the same amount

8. What’s new for 2015 (continued) Why do price tags change? • Our price tags change for a number of reasons: • How we use the plan • Aging population • Inflation • Health care – inflation between 5% and 8% in Canada • Dental care – inflation between 3% and 5% in Canada • LTD: • The number of claims • How big the claims are • How long they last

9. Ways to save money and other cool facts! WHAT YOU NEED TO KNOW

10. What you need to know Ways you can save money Purchase your prescriptions at Costco • Schlumberger employees saved almost $17,000 in dispensing fees by buying their prescriptions at Costco • You don’t pay a dispensing fee at Costco – you do everywhere else … and that’s money out of your pocket • You don’t have to be a Costco member to take advantage of the Schlumberger discount

11. What you need to know (continued) Ways you can save money Coordinate your benefits Those who coordinate their benefits  save up to $1,700 a year How? • Compare your spouse’s coverage to the Schlumberger plan • If it makes sense to coordinate your benefits, you’ll need to be enrolled in both plans • Consider a lower Schlumberger medical and/or dental option • Save money * Why don’t more people coordinate their benefits? Because submitting claims is a little more complicated.

12. What you need to know (continued) Ways you can spend wisely and save money Coordinate your benefits

13. What you need to know (continued) Ways you can spend wisely and save money Coordinate your benefits

14. What you need to know (continued) Ways you can spend wisely and save money Coordinate your benefits

15. What you need to know (continued) How you can claim wisely and save money Be sure to submit any outstanding out-of-pocket amounts to your HCSA  • Before you submit your claim: • Check the box requesting that your claim be paid from the plan and your HCSA • If your claim has been processed: • Call GWL’s Group Customer Contact Services at 1-800-957-9777

16. Just in case you’ve forgotten … Plan refresher

17. Extended Health Care

18. Dental

19. Long-term Disability

20. Long-term Disability (continued) LTD options – Someone earning $80,000

21. Long-term Disability (continued) LTD options – Someone earning $120,000

22. Life Insurance Remember: You pay tax on premiums paid by Schlumberger & an EOI form is required for optional coverage

23. Accident Insurance Remember: No medical evidence is required on AD&D coverage

24. Ask yourself the right questions to choose the right coverage! what you need to think about

25. What you need to think about Health and Dental • Look at this year’s claims • Think about what’s changed • Chronic conditions? • The need for major dental work • Orthodontia planned? • Talk to your doctor and dentist

26. What you need to think about (continued) Long-term Disability • Think about your current financial obligations • Consider other family income • Determine what your future income needs will be

27. What you need to think about (continued) Life and Accident Coverage • Think about your current financial obligations • Determine what your future income needs will be • What would your family need if you weren’t there? • Consider other insurance coverage you may have

28. What you need to think about (continued) Taxable Benefits • Premiums on a number of benefits are taxable • You’ll see the amount on your pay slip • You pay tax on: • Flex dollars used to pay for life insurance • Flex dollars used to pay for accident insurance • Business travel accident insurance premiums • Wellness Account reimbursements

29. What you need to think about (continued) Retirement and Savings • Check out your Sun Life retirement and savings accounts • How much are you contributing? Should you be contributing more? • Have you used the Sun Life financial planning tools? • What about your investments? • Do you have a beneficiary on file? mysunlife.ca

30. WHAT YOU NEED TO DO

31. What you need to do www.slb-benefits.ca

32. What you need to do (continued) Step 1: Log on • Go to the YBR website • You can sign on from any computer with Internet access • Use your General Identification Number (GIN) and your Your Benefits ResourcesTM (YBR) PIN to log on. • If you have forgotten your PIN, just click on “I Forgot My PIN” on the home page www.ybrcanada.hewitt.com/slb

33. What you need to do (continued) You can reset your PIN yourself … … but you need to set it up • When you click on “I forgot my PIN”, you’ll be asked to set up your security questions • The next time you forget, you can just answer the security questions and reset your PIN immediately • Why not set it up now?

34. What you need to do (continued) Step 2: Select your benefits The YBR site will guide you to • Verify your contact information • Verify your dependent information • Choose your benefit options for you and your dependents • Review your beneficiary(ies) • Allocate any excess flex dollars to your HCSA or Wellness Account www.ybrcanada.hewitt.com/slb

35. What you need to do (continued) Step 2: Select your flex benefits • Save your choices if you need to leave the YBR site before you have completed your enrollment • You can continue where you left off next time you log on • Once you click on “Complete Enrollment” your choices will be saved and will become your coverage for next year www.ybrcanada.hewitt.com/slb

36. What you need to do (continued) Step 3: Complete your forms • You may need to complete beneficiary designation forms for your life and AD&D insurance • If you choose optional life insurance for you or your spouse, you will need to fill out an Evidence of Insurability form • If you don’t return your signed forms, your changes, including any new beneficiary designation, will not take effect

37. What you need to do (continued) If you don’t enroll

38. 2015 Annual Enrollment – November 3 to 21 Questions?