Lockheed Martin Forum - Salary / Benefits / H&W Rate?: Perhaps this is a silly question, but I ...

Perhaps this is a silly question, but I am new to the LM application process, & I am a little confused as to what exactly the following means:"In addition to the base rate, the position also pays a Health & Welfare benefit rate of $3.71 (for the first forty hours worked in any work week). The H&W rate reflects an amount provided to offset the cost of all company provided bona fide fringe benefits. If there are funds left over after the reconciliation, those funds are paid directly to you." The above is a direct quote from a recruiter. The $3.71/40 hrs. is not in lieu of healthcare is it? If someone could break it down for me, I'd appreciate it. Thank you.