Important Legal Notices
Summary Of Benefits & Coverage (“SBC”)
As part of the healthcare act, we are providing you with an online summary for each of our medical plans. Each summary includes detailed information on what the plan covers and what it costs, in an easy-to-understand Q&A format. SBCs are in a standard format that allows you to compare plans. Paper copies of these notices are available at no cost by contacting the Newell Brands Benefits Center at 833-4NEWELL (463-9355) or visiting WellAtNewell.com.
Other Important Notices
The following list contains important notices regarding your benefits.
Medicare Part D Notice (Creditable Prescription Drug Coverage Notice)
Summary Annual Reports
The Summary Annual Report, also known by its acronym, the SAR, is a one-page summary of Newell Brands’ ERISA Plan’s Form 5500 report. The SAR’s purpose is to inform Plan Participants of the carriers, and the policies included within the Form 5500 report. Funding is also noted, as well as the financials including the total premium spent and the claim total, if applicable.