1. 2018 Benefits open enrollment
October 23 – November 10, 2017

2. welcome to benefits open enrollment!
Bentley is committed to:
Offering a comprehensive, competitive and affordable benefits package that is part of your Total Rewards package
Helping you and your family enjoy the best possible health and wellbeing
Providing you with meaningful options so that you have the flexibility to make choices that best meet your needs
Making available helpful tools so you can make informed decisions and have greater cost transparency

3. What’s happening in 2018 What’s new? What’s changing?
New medical plan: High Deductible Health Plan (HDHP) with Health Savings Account (HSA)
New Accident and Critical Illness plans with MetLife
What’s changing?
Modest plan design changes to the existing 3 medical plans
Premium rate increases for the existing medical plans – 8% for Best Buy HMO and HMO, 13.6% for PPO
New prescription administrator (OptumRx) with some prescription copay changes
Adult orthodontia coverage added to the Dental High Plan
What’s making your life easier?
New interactive plan selection tool: ALEX
First open enrollment through Workday
Educational opportunities – information sessions, on-demand videos, office hours by appointment
Open enrollment webpage – everything open enrollment in one place

4. Other advantages of the HSA:
2018 medical plans – introducing the High deductible health plan (HDHP) with Health savings account (HSA)
Lower payroll premium contributions in exchange for a higher deductible
The plan is considered a qualified HDHP so you are eligible for a tax- advantaged HSA
Contributions and withdrawals for qualified medical, dental, and vision expenses are tax-free (+ interest/investment earnings are also tax-free)
Bentley will contribute to your HSA, and you can too, up to the IRS limits:
$3,450 Individual / $6,900 Family for 2018
If you are 55 or older or turning 55, you can contribute an additional $1,000 in catch-up contributions
Other advantages of the HSA:
Funds can be used to pay for qualified medical, dental, and vision expenses for you and your eligible dependents now—and in retirement (e.g., Medicare premiums)
Because it’s a savings account owned by you, it’s portable, which means that the funds follow you, and balances roll over from year-to-year
You can make payments (drawing on your HSA balance) with a convenient debit card
You can take advantage of long-term investment options once you reach a certain balance

5. Hsa eligibility
In order to contribute to an HSA, you must meet the following criteria:
You must be enrolled in a qualified High Deductible Health plan (HDHP), such as the one Bentley is offering
You cannot have other health coverage (see IRS Publication 969)
You (or your spouse/partner, if a tax dependent) cannot be enrolled in any part of Medicare or Medicaid
You cannot be listed as a dependent on someone else’s tax return
You cannot be active in the military*
You cannot be enrolled in a Health FSA (including through a spouse’s plan) or have a Health FSA balance
* Veterans enrolled in a High Deductible Health Plans with no other disqualifying coverage and who have a service-connected disability may make or receive HSA contributions regardless of when they received VA benefits

6. Additional $1,000 – if 55 or older
Hsa Contributions (2018)
January 1: Bentley makes a contribution to your HSA just for enrolling:
Bentley Contributes:
Individual: $250
Family: $500
Throughout the Year: you contribute to your HSA on a pre-tax basis, and Bentley matches, up to certain limits:
You Contribute:
Individual: $2,700
Family: $5,400
Bentley Matches:
Individual: $500
Family: $1,000
If you take full advantage, Bentley will ensure you don’t exceed the 2018 IRS maximums*
2018 IRS Maximums:
Individual: $3,450
Family: $6,900
Additional $1,000 – if 55 or older
* Applies to payroll contributions only; Bentley cannot track contributions made outside of payroll. Bentley will ensure your payroll contributions do not exceed the IRS annual maximum.

7. (Additional match up to $500/$1000)
2018 medical plans
Plan Provision
Best Buy HMO
HMO
PPO
HDHP w/ HSA
In-Network
Out-of-Network
Bentley HSA Seed
n/a
$250 / $500
(Additional match up to $500/$1000)
Annual Deductible
$1,000 / $2,000
None
$500 / $1,000
$2,000 / $4,000
$4,000 / $8,000
OOPM
$2,500 / $5,000
$6,000 / $12,000
Coinsurance
10%, after ded.
20%, after ded.
30%, after ded.
Office Visit
$25 copay
Emergency Room
$100 copay
Inpatient / Outpatient
Deductible, then $250 / $150 copay
Prescription Drugs (Retail/Mail Copays)
$15 / $30 / $50
$30 / $60 / $150
$30 / $60 / 150,
after ded.

8. 2018 medical plans – how services are treated under each plan

9. Pharmacy administrator changing to optumrx
You’ll continue to have one card for both medical and prescriptions
Your prescriptions will continue to be covered, though some may move to a different tier
In most instances, you’ll be able to continue using your existing pharmacy
You will be contacted by mail if you:
Have a prescription that is moving to a higher (more expensive) tier
Have an open refill that will require transfer to OptumRx – some won’t!
Have a prescription that requires a prior authorization before it can be filled
Consider talking to your doctor about lower-cost alternatives, such as generic equivalents, and taking advantage of the mail order service to save money
You can call OptumRx at or visit at optumrx.com/CTRNS to check on your prescription tier and/or cost.

10. 2018 medical premium contributions – full-time employees
Continued movement to a defined contribution strategy where Bentley contributes roughly the same amount to all plans.

11. Want help choosing the right plan? Meet ALEX®
ALEX® is an interactive animated, personalized online tool to help decide which plan best meets your needs.

12. New voluntary benefit – personal accident Insurance
Supplements your primary medical plan by providing cash benefits— paid directly to you—in cases of accidental injuries.
Accidental injuries include things like fractures, concussions, cuts and ambulance services and cash benefits range by injury or service.
You can use the money to pay for uncovered medical expenses, such as your deductible or coinsurance.
You can choose to cover yourself or your family.
Premiums are paid on a post-tax basis.

13. New voluntary benefit – critical illness insurance
Provides a lump-sum benefit payment—paid directly to you—upon diagnosis of certain covered conditions. Examples of covered conditions include cancer, heart attack and stroke.
You can choose either $10,000 or $20,000 of coverage
You can use the money to cover:
Any out-of-pocket treatment expenses that are not covered by your medical plan
Your everyday living expenses
Critical illness premiums are based on your age and are paid on a post- tax basis.

14. Dental high plan – adding adult orthodontia
Bentley will continue to offer two dental plan options through Delta Dental PPO Plus Premier: the High Plan and the Low Plan.
NEW: The High Plan is being enhanced to include adult orthodontia coverage.
Premiums for both plans will remain the same.

15. Vision plan – no changes for 2018
The vision plan provides:
In-network benefits with EyeMed Vision Care Select Network
Out-of-network reimbursements that give you the flexibility to go to any vision provider
Coverage for annual exams, lenses, or contacts (one every 12 months)
Coverage for frames once every 24 months
NOTE: Harvard Pilgrim medical plans cover:
One routine eye exam per year at $20 copay
(Note: This is not a contact lens exam)
Discounts on glasses/contacts through select vendors

16. Remember Flexible spending accounts (FSA) – pre-tax accounts
Health Care FSA: Used to pay for eligible out-of-pocket medical, dental, and vision care expenses for yourself and your eligible dependent(s).
Examples of eligible expenses – medical deductibles, prescription copays, braces, glasses
You will receive a debit card to pay for eligible expenses
Can’t enroll in a FSA if you are enrolled in a HDHP
Dependent Care FSA: Used to pay for eligible expenses for the care of a dependent child under age 13 or a dependent adult.
Some qualifying expenses include eligible preschool, before- and after-school programs, and child or elder day care.

17. Life, ad&D and disability benefits – no changes for 2018
Basic Life and Accidental Death & Dismemberment
Automatically enrolled up to 1x your salary up to $300,000
Supplemental life
You can enroll during open enrollment up to guarantee issue amounts without medical underwriting
Employee Supplemental Life – you can enroll up to guaranteed issue amounts of the lesser of 3x your salary or $325,000
Spouse Life – spouses can enroll up to guarantee issue amounts of $30,000
Child Life – can be purchased in flat amount in increments of $10,000
Long Term Disability
Provided to full-time employees at 60% annual base salary, up to $200,000, for a maximum monthly benefit of $10,000.

18. Go to workday to make your 2018 elections
Begin from your Inbox in Workday
You have until 5 p.m. on November 10, 2017 to make your elections!
What happens if you do nothing?
Medical, dental, and vision
Stays the same
Life insurance and disability
FSA
You won’t participate
New options

19. Stay informed Here’s how:
Use ALEX to learn more about your benefits and make informed decisions
Attend an HSA information session – one offered each week during open enrollment
Can’t attend? View the information sessions via on on-demand video
Have specific questions? Schedule a time to meet with a Benefits representative during office hours
Get hands-on help by attending a Workday session enrollment session in the Recreation Information Center (RIC) in the Library – held every Wednesday during Open Enrollment –
October 25 & November 1 – 3:00 – 4:00
November 8 – 2:00 – 3:00
One additional session on last day of open enrollment – Friday, November 10th from 10:00 – 11:00
Visit the benefits webpage on the Bentley website for anything you need to know about open enrollment – meeting schedules, videos, office hour sign-ups, and more…

20. Questions?

21. Thank you for attending!