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April 16, 2014 Intuit FY15 AE Changes

April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

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Page 1: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

April 16, 2014

Intuit FY15 AE Changes

Page 2: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Agenda

• The new Cigna Choice Fund with HSA• Annual enrollment changes• Employee communication preview• Questions?

Page 3: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Cigna Choice Fund AddedPlan Features

Deductible $1,250 individual / $2,500 one or more family members

Intuit HSA Contribution $750 individual / $1,500 one or more family members

Out of Pocket Max $2,500 individual / $5,000 one or more family members

Paycheck Deductions EE only: $13

EE + spouse / DP: $74

EE + child(ren): $54

EE + family: $95

New Services ABA therapy for autism

Page 4: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Introducing the HSA

Page 5: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Intuit Contribution

$750 individual

$1,500 one or more family members

Page 6: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Triple Tax Advantages

Page 7: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

No “Use it or Lose It” – Balance Grows!

Page 8: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Open the HSA

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Enroll!

Open account with HSA administrator

Page 9: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Plan Offering Changes in FY15 & FY16

• FY15: Add Cigna Choice Fund• FY15: Remove Cigna Preferred Access• FY16: Remove HMO Blue and Cigna CDHP

Page 10: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Cigna Preferred Access Removed

 

FY14 Cigna Preferred Access Cigna Choice Fund HSA (In-Network)

Deductible $500 individual

$1,500 family

$1,250 individual

$2,500 familyIntuit HSA Contribution

N/A $750 individual

$1,500 familyCost Sharing You pay 10% You pay 10%

Out-of-Pocket Max $1,000 individual

$2,000 family

$2,500 individual

$5,000 familyPayroll Deductions with Max Credits

$48 EE only

$190 EE + spouse / DP

$143 EE + child(ren)

$237 EE + family

$13 EE only

$74 EE + spouse / DP

$54 EE + child(ren)

$95 EE + family

Page 11: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Cigna CDHP Changes

  Cigna CDHP Cigna Choice Fund HSA

Deductible $2,000 individual

$3,000 EE + spouse/DP

$3,000 EE + child(ren)

$4,000 EE + family

$1,250 individual

$2,500 family

Intuit Contribution $0 $750 individual

$1,500 familyOut-of-Pocket Max $1,000 individual

$2,000 family

$2,500 individual

$5,000 familyPayroll Deductions with Max Credits

$15 EE only

$85 EE + spouse/DP

$61 EE + child(ren)

$121 EE + family

$13 EE only

$74 EE + spouse/DP

$54 EE + child(ren)

$95 EE + family

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FY15 Intuit HRA contribution removed

FY16 Cigna CDHP Plan removed

Page 12: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

HMO Blue Changes

Cost Change for Services

FY14 FY15

Hospital $100 No copay; covered at 100%

Generic $5 $10

Preferred Brand $15 $25

Non-Preferred Brand $30 $40

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FY15 cost changes to services and paycheck deductions will nearly double

FY16 HMO Blue Plan removed

Page 13: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

UHC Cost Changes

Services FY14 FY15

PCP $10 $15

Specialist $25 $30

Urgent Care $25 $40

Hospital $100 $150

Preferred Brand $20 $30

Non-Preferred Brand $40 $60

Page 14: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Exciting New Enhancements/Programs

Addition: ABA therapy

Enhancement:Telemedicine

Page 15: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Life Insurance & Limited Purpose FSA

7X, up to $2 million

New! Limited Purpose FSA

Page 16: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Communication Preview

Date Piece Goal Audience

Week of4/14

HSA: Cigna Choice CDHP HRA Email

Announce specific plan changes and necessary action; straight-forward tone; action-oriented

Current enrollees in Cigna Choice CDHP

4/14 HSA: HMO Blue Email Announce specific plan changes and necessary action; straight-forward tone; action-oriented

Current enrollees in HMO Blue

4/28 HSA: B@I Phase 1 Live HSA general education available as a resource until more annual enrollment information is online

Employees and families

4/28 HSA: SNAP Teaser to pique interest in HSA Employees

Week of 5/5

HSA: Cigna Preferred Access Emails

Announce specific plan changes and necessary action; straight-forward tone; action-oriented

Current enrollees in Cigna Preferred Access

Week of 5/5

HSA 101 & HSA Savings Videos Online

Evergreen snapshot of what the HSA is, how to use it and its many benefits

Employees and families

Page 17: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Communication PreviewDate Piece Goal Audience

Week of 5/12

HSA Targeted In-Home Mailer (4 versions)

Create excitement around the HSA; promote benefits; target with specific plan information employees may need to act on; begin education on how to choose the right medical plan

Employees and families

Week of 5/19

AE Live on B@I Update site with information and decision-making tools employees need for a successful enrollment

Employees and families

Week of 5/19

AE Packet In Homes

Educate employees on plan changes and what actions they need to take while also serving as a vehicle for important messages

Employees and families

5/26 – 6/2

HSA 101 & HSA Savings Webinars

Educate employees on the basics of the HSA and offer a more in-depth look for those who are interested in how to use the plan for future savings

Employees

Week of 6/2

AE Poster Visual reminder of AE dates Employees

Week of 6/2

AE Webinar Announce specific plan changes and necessary action; straight-forward tone; action-oriented

Employees

Page 18: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Annual Enrollment

• Annual enrollment is June 9–June 20• Enroll by phone or online

866-486-8236

http://hewitt.intuit.com

Page 19: April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee

Intuit Proprietary & Confidential

Questions?