HEALTHCARE

Medical Coverage
You can choose your level of coverage and cost by electing to participate in one of the available plans: a Preferred Provider Organization (PPO), Point-of Service Plan (POS), health maintenance organization (HMO), consumer-driven health plans, or high-deductible health plan (HDHP) with a health savings account (HSA). An Out-of-Area plan is available in locations where extensive PPO, POS and HMO networks are not available. Employees on International Assignment are eligible for the Global Choice medical plan, which provides worldwide coverage for all expatriate employees and their eligible dependents. What differs among the available plans are two features:

• How you access care – that is, which doctors and hospitals are available to you
• How much you pay for your care

All of the plans provide coverage for preventive care, generally at no cost to you. Prescription drugs, doctor's visits, hospitalization, surgery and mental health care are also covered by all of the plans; however, depending on the plan you choose and if you choose to receive in- or out-of-network services, you will either have a co-payment or coinsurance for these services, or you will need to first meet a deductible before receiving benefits.

Annually you can also opt out of medical coverage and receive a $1000 waiver credit if you have coverage elsewhere.

Dental Coverage
Under the dental program, you have the choice of up to three dental options:

• Low Option – basic needs such as annual check ups and cleanings
• High Option – more extensive treatment including orthodontia
• Dental Maintenance Organization (DMO) – also offers more extensive treatment including orthodontia, if a network is available where you live

All allow you to select the coverage level that makes sense for the kind of dental expenses you and your family members expect to incur.

Prescription Drug Coverage
Prescription drug coverage for most Raytheon medical plans is administered as a separate program by Medco. With Medco, you have coverage for a wide range of prescription drugs. How you pay for your prescription depends if you are purchasing a generic or brand-name drug. Generic drugs are covered at 100% after you pay a co-payment. Preferred brand and non-preferred brand drugs are covered after you pay coinsurance - either 20% or 30% of the prescription's total cost, up to certain maximums. Medco Health offers a mail order benefit, which provides a 90-day supply after the appropriate co-payment.

Vision Care Coverage
If you enroll in a Raytheon-sponsored medical plan, you automatically receive the Basic Vision Plan at the same coverage level you chose for medical coverage. The cost of the Basic Vision Plan is included with the cost of your medical coverage.

If you need a higher level of vision coverage, you may instead select the Vision Plus Plan. The amount you pay for this plan is based on the coverage level you choose. If the coverage level you choose is different from your medical plan coverage level, only the dependents you designate will have vision coverage.

If you waive medical coverage, you may enroll in either vision plan at whatever coverage level you choose. (In this case, you pay 100% of the cost for your vision coverage, regardless of the plan.)

Health Care Reimbursement Account
A Health Care Reimbursement Account helps you pay for eligible health care expenses such as deductibles, co-payments, and services that your or your spouse's medical, dental, and vision care plans do not cover or cover only in part. Through payroll deductions, you may set aside on a pre-tax basis up to $5,000 per year in such an account.