Presentation is loading. Please wait.

Presentation is loading. Please wait.

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

Similar presentations


Presentation on theme: "April 16, 2014 Intuit FY15 AE Changes. Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee."— Presentation transcript:

1 April 16, 2014 Intuit FY15 AE Changes

2 Intuit Proprietary & Confidential Agenda The new Cigna Choice Fund with HSA Annual enrollment changes Employee communication preview Questions?

3 Intuit Proprietary & Confidential Cigna Choice Fund Added Plan 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 DeductionsEE only: $13 EE + spouse / DP: $74 EE + child(ren): $54 EE + family: $95 New ServicesABA therapy for autism

4 Intuit Proprietary & Confidential Introducing the HSA

5 Intuit Proprietary & Confidential Intuit Contribution $750 individual $1,500 one or more family members

6 Intuit Proprietary & Confidential Triple Tax Advantages

7 Intuit Proprietary & Confidential No “Use it or Lose It” – Balance Grows!

8 Intuit Proprietary & Confidential Open the HSA 1 2 Enroll! Open account with HSA administrator

9 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

10 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 family Intuit HSA Contribution N/A$750 individual $1,500 family Cost SharingYou pay 10% Out-of-Pocket Max $1,000 individual $2,000 family $2,500 individual $5,000 family Payroll 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

11 Intuit Proprietary & Confidential Cigna CDHP Changes Cigna CDHPCigna 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 family Out-of-Pocket Max$1,000 individual $2,000 family $2,500 individual $5,000 family Payroll 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 1 2 FY15 Intuit HRA contribution removed FY16 Cigna CDHP Plan removed

12 Intuit Proprietary & Confidential HMO Blue Changes Cost Change for Services FY14FY15 Hospital$100 No copay; covered at 100% Generic$5$10 Preferred Brand$15$25 Non-Preferred Brand$30$ FY15 cost changes to services and paycheck deductions will nearly double FY16 HMO Blue Plan removed

13 Intuit Proprietary & Confidential UHC Cost Changes ServicesFY14FY15 PCP$10$15 Specialist$25$30 Urgent Care$25$40 Hospital$100$150 Preferred Brand$20$30 Non-Preferred Brand$40$60

14 Intuit Proprietary & Confidential Exciting New Enhancements/Programs Addition: ABA therapy Enhancement: Telemedicine

15 Intuit Proprietary & Confidential Life Insurance & Limited Purpose FSA 7X, up to $2 million New! Limited Purpose FSA

16 Intuit Proprietary & Confidential Communication Preview DatePieceGoalAudience Week of 4/14 HSA: Cigna Choice CDHP HRA Announce specific plan changes and necessary action; straight- forward tone; action-oriented Current enrollees in Cigna Choice CDHP 4/14HSA: HMO Blue Announce specific plan changes and necessary action; straight- forward tone; action-oriented Current enrollees in HMO Blue 4/28HSA: Phase 1 LiveHSA general education available as a resource until more annual enrollment information is online Employees and families 4/28HSA: SNAPTeaser to pique interest in HSAEmployees Week of 5/5 HSA: Cigna Preferred Access s 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

17 Intuit Proprietary & Confidential Communication Preview DatePieceGoalAudience 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 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 PosterVisual reminder of AE datesEmployees Week of 6/2 AE WebinarAnnounce specific plan changes and necessary action; straight-forward tone; action-oriented Employees

18 Intuit Proprietary & Confidential Annual Enrollment Annual enrollment is June 9–June 20 Enroll by phone or online

19 Intuit Proprietary & Confidential Questions?


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

Similar presentations


Ads by Google