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WELCOME TO SUNRUN!

2016 New Hire Employee Benefits OverviewJanuary 2016

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We are…

One Sunrun

We are pleased to provide you with a high level

overview of your Sunrun benefits and the great

resources available to you should you need additional

information

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PREPARING FOR YOUR ENROLLMENT

• Who is Eligible

• Your Medical Plan Choices

• Other Important Benefits

• Your Costs

• How to Enroll & Resources

• Questions?

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EMPLOYEE BENEFITS AT A GLANCE

Medical Plans

• Cigna Medical Plans

• Cigna PPO

• Cigna HMO

• Cigna CDHP + HSA

• Kaiser HMO - California Only

Dental Plans

• Principal Financial Group

• Point of Service (POS) - California Only

• Preferred Provider Organization (PPO) – Non California

Vision Plan

• Vision Service Plan (VSP)

Flexible Spending Account (FSA) and Commuter Benefits

• P&A Group

Disability and Life Insurance

• Principal Financial Group

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WHO IS ELIGIBILE FOR BENEFITS

• Benefits begin on the first of the month following one month of

continuous service

• Full time employees working 30 or more hours per week are

eligible to enroll in the benefits program

• The following dependents are also eligible:

−Spouse is the subscriber’s spouse under a legally valid marriage

−Domestic partner is the subscriber's same-sex or opposite

domestic partner under a legally registered and valid domestic

partnership

−Child is the subscriber’s, spouse’s or domestic partner’s natural

child, stepchild, legally adopted child up to 26 years of age

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HEALTH, DENTAL AND VISION CARE

PLANS

Medical: Cigna PPO, Cigna HMO, Cigna CDHP+HSA, Kaiser

HMO

Dental: Principal Dental

Vision: Vision Service Plan (VSP)

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YOUR MEDICAL COVERAGECigna And Kaiser

Cigna PPO Cigna HMO Cigna HSA Kaiser HMO

In Network Out of Network In Network Only In Network Out of Network In Network Only

Coinsurance 90% 70%* 100% 90% 70% 100%

What You Pay…

Annual Deductible

$400/person

$800/family

$1,000/person

$2,000/family

$0

$0

$2,000/person

$4,000/family

$4,000/person

$8,000/family

$0

$0

Out-of-Pocket

Maximum

$2,500/person

$5,000/family

$5,000/person

$10,000/family

$2,500/person

$5,000/family

$3,500/person

$7,000/family

$7,000/person

$14,000/family

$1,500/person

$3,000/family

Physician Office

Visit $25 copay 30%* $25 copay10%

after deductible

30%*after deductible $20 copay

Preventive Care No Charge 30%* No Charge No Charge30%*

after deductible No Charge

Emergency Room $100/visit** $100/visit** 10% after deductible $100/visit**

Urgent Care $35** $35** 10% after deductible $20

Inpatient Hospital

Services

10% plus

$250/admission

30%* plus

$500/admission

0% plus

$500/admission

10%

after deductible

10%* after

deductible

0% plus

$500 copay

Prescription Drugs

-Generic

-Brand Formulary

-Non-Formulary

-Specialty

Retail

$15 copay

$25 copay

$40 copay

30% with a

max of $75

Retail

30%

Retail

$15 copay

$25 copay

$40 copay

30% with a max

of $75

After deductible

$15 copay

$25 copay

$40 copay

After deductible

$15 copay

$25 copay

$40 copay

Retail

$10 copay

$25 copayN/A

The above is intended to provide a brief overview only. For a full description of all

benefits, limitations and exclusions, please see the plan documents

California Only

* You are responsible for amounts that exceed usual, customary and reasonable

** Waived if admitted

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Who’s eligible for the HSA?

The IRS sets the requirements. Eligibility is as follows:

• Must be enrolled in a qualified HSA medical plan (Cigna HDHP + HSA is a qualified medical

plan).

• Cannot have any other health coverage (this applies to the employee only).

• Not covered by spouse’s medical or pharmacy plan.

HEALTH SAVINGS ACCOUNT (HSA)

• Not covered through Medicare Part A, Part B, Part D, or through TRICARE.

• Not covered through a general-purpose Flexible Spending Account (FSA) plan (either

employee’s or spouse’s).

• Cannot be claimed as a dependent on another person’s tax return.

When you enroll in the Cigna HDHP, a Health Savings Account with HSA Bank is automatically

opened to set aside pre-tax dollars for health care expenses:

• Contribute up to $3,350/$6,750.

• Sunrun will prorate the annual contribution of $600/$1,200 to your HSA.

More about HSA Bank:

• www.myCigna.com is the place to view your HSA details.

• You can also view your balance and recent transactions on the myCigna mobile app.

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HEALTH SAVINGS ACCOUNT (HSA)

Dependents to age 26 may be enrolled in your medical plan.

HSA funds may only be used for expenses of that dependent if the dependent is

claimed on the employee’s tax return.

HSA funds may not be used for Domestic Partner expenses. The IRS requires

that HSA funds be used only for federally qualified tax dependents.

Dependents

to age 26

Domestic

Partners

Eligible

Expenses

Use the HSA for medical, prescription drugs, dental, vision and certain premium

expenses.

Expenses for anyone you claim as a Federal tax dependent (other than Domestic

Partners – see above).

Your HSA cannot pay for expenses of children to age 26 who are not claimed as a

dependent (see above).

You are responsible for making sure your expenses are eligible according to IRS

Publication 502.

If you use money from your HSA for ineligible expenses, you will pay taxes plus a 20%

penalty (prior to age 65).

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HINTS TO REDUCE YOUR OUT OF POCKET

EXPENSES

• Use In-Network Providers. Go to www.mycigna.com to look up providers

• Opt for generic over brand name drugs. Click here to read Fast Facts About

Generics posted by the FDA

• Only use Emergency Rooms for emergency services. Use Urgent Care, if

possible

• Call the Nurse hotline for advise and guidance on symptoms and maladies

• Make sure authorizations are in place before getting services.

• If you are having surgery, remember the surgeon, as well as the facility,

anesthesiologist and any other providers working on you should be In-Network.

Don’t be afraid to ask!

• If you get a bill you weren’t expecting, call member services. Bills for amounts

that exceed the PPO “contracted rate” are not your responsibility if you are in-

network

• Use web resources such as www.healthcarebluebook.com to get an idea of the

“fair” cost of services in your area

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COMMONLY ASKED QUESTIONS

Do I need a referral to see a specialist in a PPO plan?• No, you do not need a referral in order to see a specialist. You will need to visit Cigna’s

website or call members services to find an in-network (participating) provider.

Do I need authorization for services through the PPO plan?• There are some services that require authorization. You can ask your provider if a recommended

service requires authorization and they should be able to advise you.

Are there services that the medical plans don’t cover?

• Medical plans typically do not cover the cost for cosmetic procedure, long-term care and non-

emergency care when traveling outside the U.S. All plans cover emergency care worldwide.

How do I find a provider?• Visit Cigna’s or Kaiser’s website to search for participating providers, medical groups and facilities

When will I receive my new insurance cards?• You should have your ID card within 2 weeks of your enrollment. If you have an immediate need,

once you are enrolled, create an account at www.mycigna.com to print a temporary card

What is meant by Out-of-Pocket limit?• The out-of-pocket limit is the most you could pay during the plan year for your share of covered

services. This limit helps you plan for health care expenses.

• Your health care premiums (withheld from your paycheck) are not included in this amount.

• Out-of-Pocket Maximums vary by plans (HMO, PPO, and HDHP)

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YOUR HEALTH PLAN MOBILE APPSAvailable THROUGH The App Store Or Google Play

Cigna Mobile App Kaiser Mobile App

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Dental benefits are offered through Principal – when you use a network dentist,

your benefits are richer and you stretch your dental dollars.

• California members are eligible for the Point of Service (POS) dental plan

with three levels of benefits.

• Non California members are eligible for the Preferred Provider

Organization (PPO) with two levels of benefits.

YOUR DENTAL COVERAGEPrincipal Financial Group

Great News! The dental plan allows up to $375 of

unused maximum benefit to carry

over to increase your maximum benefit in the

following year.

Go to www.principal.com to see if your dentist

is a network provider. There are more than 139,000

participating dentists in the network. Don’t see your

dentist?

Don’t panic! Click here to nominate your dentist

or call 800-832-4450. Principal is actively

recruiting!

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Point of Service (POS)Exclusive Provider

Organization (EPO)

Preferred Provider

Organization (PPO)

Out-of-Network/Non-

PPO (OON)*

Calendar year deductible combined $0 $50 per person; $150 per family

Calendar year maximumcombined for EPO, PPO and OON $1,500

Preventive Procedurese.g. cleanings, exams, x-rays**

100%No deductible

100% No deductible

100%After deductible

What Principal Pays…

Basic Procedurese.g. fillings, root canals, oral surgery

90%No deductible

90%After deductible

80%After deductible

Major Procedurese.g. crowns, bridges, dentures

60%

No deductible60%

After deductible

50%After deductible

Orthodontia- Adult & Child(ren)

50%

$1,500 Lifetime Maximum

YOUR DENTAL BENEFITSPrincipal Financial Group – California Members

• It’s a good idea to contact Principal for a “predetermination of benefits” when services for a period of

dental treatment are expected to exceed $300

• Cleanings must be at least 6 months apart to qualify for coverage

• White fillings (Amalgam fillings) on back teeth are NOT covered.

* OON benefits based on prevailing fee. ** Two per calendar year for cleanings and exams

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Preferred Provider Organization (PPO)Preferred Provider

Organization (PPO)

Out-of-Network/Non-PPO

(OON)*

Calendar year deductible combined $50 per person; $150 per family

Calendar year maximumcombined for PPO and OON $1,500

Preventive Procedurese.g. cleanings, exams, x-rays**

100% No deductible

100%No deductible

What Principal Pays…

Basic Procedurese.g. fillings, root canals, oral surgery

90%After deductible

80%After deductible

Major Procedurese.g. crowns, bridges, dentures

60%After deductible

50%After deductible

Orthodontia- Adult & Child(ren)

50%

$1,500 Lifetime Maximum

YOUR DENTAL BENEFITSPrincipal Financial Group – Non California Members

• It’s a good idea to contact Principal for a “predetermination of benefits” when services for a period

of dental treatment are expected to exceed $300

• Cleanings must be at least 6 months apart to qualify for coverage

• White fillings (Amalgam fillings) on back teeth are NOT covered.

* OON benefits based on prevailing fee. ** Two per calendar year for cleanings and exams

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In-Network

What you pay:

Out-of-Network

What you are reimbursed:

Well Vision Exam

every calendar year $10 copay Up to $50

Prescription Glasses

every calendar year $30 copay Up to Maximum Allowance

Lenses – Single Vision Included in Prescription Glasses Up to $50

Frames

every other calendar year

Included in Prescription Glasses

($140-$160 allowance) Up to $70

Contacts

in lieu of glasses

Medically Necessary: Covered in Full

Elective: $140 allowance

Medically Necessary: Up to $210

Elective: Up to $105

YOUR VISION COVERAGE Vision Service Plan (VSP)

Find an eyecare provider who’s right for you.

Choose a VSP provider or any out-of-network provider. To

find a VSP provider, visit www.vsp.com or call 800.877.7195.

Extra Savings

• Costco through the Affiliate Program

• Glasses and Sunglasses

• Retinal Screening

• Laser Vision Correction

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Health Care Spending Account

• Set aside up to $2,550 per year for eligible health care expenses.*

• Eligible expenses may include deductibles and copays for medical,

dental and vision plans.

Dependent Care Spending Account

• Set aside up to $5,000 per year ($2,500 if married and filing

separately) for eligible dependent care expenses so you can work.

• Qualifying children must be under age 13, or, if over age 13,

incapable of self-care.

* Proviso: HSA members are eligible for a limited FSA for dental and

vision expenses.

FLEXIBLE SPENDING ACCOUNTS P&A Group

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Commuter Benefit Account

• Set aside up $130 per month of pre-tax dollars to pay for eligible

Transit expenses and $255 for 2016 for eligible parking expenses.

• Eligible expenses include public transit, official vanpool fees and

parking related to your commute.

• Start, stop or change your contributions at any time

• No “use it or lose it” with your Commuter Benefit Account; available

balances carry over year to year.

FLEXIBLE SPENDING ACCOUNTSP&A Group

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BENEFITS FOR YOUR PEACE OF MIND

Disability: Principal

Short and Long Term Disability

Life and

AD&D: Principal

Group and Voluntary Life

2020

LIFE AND AD&D AND DISABILITY INSURANCEPrincipal Financial Group

Basic Life and AD&D Insurance

• 1x annual base salary up to $250,000.

Short-Term Disability

• 15-day waiting period; replaces 66.67% of your base salary to a weekly maximum of $2,309 for up to 11 weeks. Benefits are taxable.

Long-Term Disability

• 90-day waiting period; replaces 60% of your base salary to a monthly maximum of $10,000, until age 65. Benefits are tax free.

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VOLUNTARY TERM LIFE INSURANCEPrincipal Financial Group

Employee, Spouse and Child Coverage

• $10,000 increments for Employee, $5,000 for spouse.

• $500,000 maximum for employee; 100% of employee coverage for spouse up to

$100,000; $20,000 maximum for child.

• Guaranteed Issue: Evidence of Insurability waived for up to $140,000 for Employee

and $30,000 for spouse.

Special One Time

Guaranteed Issue as a

New Hire

Group Voluntary Term Life Insurance Rates

<29 $0.076 per $1,000

30 - 34 $0.094 per $1,000

35 - 39 $0.122 per $1,000

40 - 44 $0.178 per $1,000

45 - 49 $0.291 per $1,000

50 - 54 $0.463 per $1,000

55 - 59 $0.806 per $1,000

60 - 64 $1.242 per $1,000

65 - 69 $2.285 per $1,000

70 & Over $4.737 per $1,000

For example:

Mary is 32 and wants to buy $140,000 (GI) in

Voluntary Term Life (VTL) Insurance. Mary’s

monthly premium would be $13.15 ($0.094 x

$140,000 / $1000)

Mary’s husband, Joe, is 51 and want to buy $30,000

(GI). Mary’s husband lucks out because his rate is

based on Mary’s age. The cost for Joe’s VTL is

$2.85 per month ($0.094 x $30,000 / $1000)

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WHAT ABOUT OTHER BENEFITS?

401(k): T. Rowe Price

Stock Program

Employee Assistance Program (EAP): Claremont

Pet Insurance: VPI Voluntary Pet Insurance

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401(K) AND STOCK OPTIONS

401(k) Eligibility

• Sunrun, Inc hires – T. Rowe Price

• Find enrollment forms on Sunrun Central and submit to HR for

processing

• Once your enrollment, manage your investments on T. Rowe Price’s site

• Sunrun Installation Services – Transamerica

• You will receive a packet from TAG Resources with your enrollment

information. Log on at www.TA-Retirement.com to enroll and select

deferrals and investments

Stock Options –

• Offer letter included your initial grant. Once approved by the Board

of Director’s, you will receive an email from CapMx

• Log in to CapMx to accept your grant and review your vesting date

• Questions can be directed to stockoptionadmin@sunrunhome.com

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• Stock Option Grant

• Is the right to buy stock in the future at a predetermined price

• Exercise Price

• The price the Board of Director’s determines based on the Fair Market

Value of a share on the date the Option was granted.

• Vesting Period

• A period of time the employee must wait in order to be able to exercise

their options

• Vesting Commencement Date

• The date in which the option begins to Vest i.e. Hire/Eligibility Date or

Plan Start Date

*You only continue to vest as long as you are an employee

STOCK OPTION TERMINOLOGY

Sunrun Vesting Schedule – 4 years

25%1 year anniversary of vesting

commencement date

36 equal monthly installments The balance (next 3 year)

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Sunrun provides, at no cost to you, a resource that is designed to improve or enhance your

quality of life. The Claremont EAP offers 3 free visits per incident for many of life’s worries,

concerns and issues. You and your family members living in your household have access to

licensed professionals 24/7 by phone or call to schedule in-person visits.

You may be familiar with the core services and support available through an EAP. Key work

life issues include:

Family, relationship and parenting issues

Child and elder care needs

Pet services

Education assistance

Emotional and stress-related issues

Conflicts at home or work

Alcohol and drug dependencies

EMPLOYEE ASSISTANCE PROGRAM (EAP)

Your calls,

inquiries and

services are 100%

confidential

But did you know…

• You get a free credit report every benefit period? (And yes, it does come with a

credit score.)

• You can do a Simple Will for free?

• You are entitled to a Free 30-minute with an attorney (legal advice covers all areas

of law except employment law)

• You can get help with evaluating before- and after-school programs for your child?

• You have a resource for finding groomers and boarders for your pet?

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VOLUNTARY PET INSURANCE (VPI)

• Policies help pay for medical problems and conditions related to accidental

injuries, poisonings, illnesses and more.

• You can visit any licensed veterinarian.

• Cover your dog, cat, bird, tortoise, turtle, lizard and more.

• Dogs and cats must be between 6 weeks and 10 years old.

• Birds must be 3 months or older.

• Rabbits, snakes, guinea pigs and other exotic pets must be at least 6

weeks old.

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WHAT ARE MY COSTS?

2015 Contributions were designed to:

• Offer a range of coverage and contribution options

• Align with current market

• Prepare us for future success

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2015 PER PAY PERIOD COST OF COVERAGE

Coverage Employee Only Employee &

Spouse

Employee &

Child(ren)

Family

Cigna HSA $41.22 $108.25 $97.94 $154.66

Kaiser HMO $40 $120 $100 $165

Cigna PPO $56.11 $139.30 $126.00 $199.01

Cigna HMO $67.83 $148.19 $134.07 $211.72

Principal Dental $6 $15 $16 $27

Employee Only Employee + 1 Dep Employee + 2 or

more

VSP $1.25 $2.50 $5

Group Life & AD&D Company Paid

STD Company Paid

LTD Company Paid

Voluntary Life Employee Paid, Age-rated

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GREAT RESOURCES!

• Have questions about your the Cigna plans?o Call the dedicated enrollment hotline 24 hours a day, 7 days a week at 1-800-401-4041.

o You can also link to Cigna Provider Look Up to search providers by zip code, provider or

specialty.

Once you are enrolled, link to www.mycigna.com to register as a Cigna member. View your claims,

benefits and discounts.

• Are you interested in the Cigna HSA and want to see what the IRS considers an

eligible medical expense?o Click here for the list

Have questions for Kaiser?o Go to www.kp.org or by calling 1-800-278-3296.

• Want to know the cost to insure your pet?o Call 877-Pets-VPI (877-738-7874) • www.PetsVPI.com

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GREAT RESOURCES!

• Log into your Benefits Administration System to view the benefit summaries, link to the

carrier websites and make your new hire elections.

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UNDERSTANDING THE PROGRAMS AND SERVICES THAT

HELP YOU MAKE THE MOST OF YOUR BENEFIT PLANS

• Take an active role in managing your health

• Take time to familiarize yourself with your plan benefits

• Schedule a wellness/preventive care visit with a doctor

• Find out what preventive services/screenings/interventions are available to you and

your family. There is no charge for preventive care however please check with your

plan/provider to confirm these services will be billed as a preventive visit:

• Well-baby/Well-child/Well-person exams, including annual well-woman exam

• Routine immunizations

• Breast cancer and Cervical cancer screenings for women

• Cholesterol/lipid disorders screening

• Colon cancer screenings (over age 50)

• Diabetes screening

• Prostate cancer screening (men over age 50 or age 40 with risk factors)

• Tobacco use/cessation interventions

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UNDERSTANDING THE PROGRAMS AND SERVICES THAT

HELP YOU MAKE THE MOST OF YOUR BENEFIT PLANS (CONTINUED)

• Schedule a well vision exam

• Schedule a preventive dental exam

• Review your pharmacy coverage

• Find out where you can obtain urgent care services

• Contact Member Services (the telephone number listed on your ID card) with

questions throughout the year

• Check out plan websites for health-related health and wellness

products/services

• Healthy Pregnancy Resources

• Preventive Care Services (list by gender, age, and frequencies)

• Learn about your Mail-order prescription drug coverage benefits

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QUESTIONS?

Benefit Advocate Center

BAC.Sunrun@ajg.com

855.266.8876

Advocates are available from

6 a.m. to 6 p.m. PST

Employee Resource Portal

https://pcms.plansource.com/e

ntities/34307/pub_nodes/1019