Understanding Choices Scott Kovaloski explains the new Choices medical and prescription drug benefits.
Introducing Choices Hear Alan Cransberg and Joe Quaglia talk about why our benefits are changing and how you impacted the design of the new program.
Things to Think About
Benefit costs have a direct impact our bottom line. Last year, Alcoa spent about $1 Billion on U.S. benefits. That amount would pay the energy bills to run all of our North American smelters for a year.
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We heard your feedback about our benefit plans. We looked at the plans that you chose, and the ones you didn't. You helped us to create this new benefit program.
You said
The solution
With 5 medical and 3 drug plans, it's too complicated, there are too many choices, and I can't figure out what's different
4 distinctly different medical plans and only 1 drug plan