You have needs. We have resources. And annual enrollment is your once-a-year chance to explore them all and enroll in the benefits you want for the coming fiscal year.
If you don’t take action during annual enrollment, your current benefit elections—except for your Health Care and Dependent Care FSAs—will continue. But you’ll be missing out on the chance to sign up for legal insurance, the chance to get up to $650 through Intuit’s matching contribution to your Dependent Care FSA and more!
Be sure to take these steps between June 11 and June 22:
Explore all your benefits and what you need to know for FY 2019.
What's New for FY 2019
There are a few changes to our benefits this year, many of which are in response to your feedback. Refer to the FY 2019 Summary of Medical Benefits for a more detailed look at medical plan features and covered services.
Medical Cost Increases
Intuit’s cost-sharing principle remains in place: We pay 95% of the premium for employees and 80% for dependents. Although you’re continuing to use our well-being programs to stay actively engaged in your personal wellness, health care innovations have led to rising costs. As a result, you’ll see an increase to medical premiums for FY 2019. Your premium increase will depend on your plan and coverage tier. As in prior years, when you participate in the biometric screening and are nicotine-free, your premiums will be lower. To learn more about your premiums for FY 2019, see the Biweekly Paycheck Deduction section of the Summary of Medical Benefits.
Now that the Cigna Choice Fund with Health Savings Account (HSA) plan has been around for a few years, we’re applying to the Cigna Choice Fund HSA plan the same cost-sharing principle we’ve been using for our other plans. This means that premiums for this plan will increase for FY 2019. For example, if you have employee-only coverage under the Cigna Choice Fund HSA plan, you’ll now pay a premium of $14 per paycheck.
HSA Plan Deductible Increase
Due to IRS guidelines, the deductible for the Cigna Choice Fund HSA plan will increase from $1,300 to $1,350 for employee-only coverage and from $2,600 to $2,700 if you cover dependents.
All IVF Treatments Covered Under More Plans
All IVF treatments will now be covered under all medical plans except Kaiser, up to the lifetime maximum. Previously they were only covered under the Cigna Choice Fund HSA plan. See the Summary of Medical Benefits for details on limits for all plans.
Egg Freezing Available Under HSA Plan
If you’re enrolled in the Cigna Choice Fund HSA plan, egg freezing will be covered as an elective procedure, up to a combined fertility-benefit lifetime maximum. Egg freezing is not covered under any of the other medical plans. See the Summary of Medical Benefits for details on limits for all plans.
Dental and Vision Benefit Enhancements
The orthodontia lifetime maximum for the Aetna PPO Dental Plan is increasing from $2,000 (in-network) to $3,000.
Polished-edge treatments, which help some lenses fit better into frames, and polarized/laminated coatings, which reduce glare and eye strain, will now be covered under the Vision Service Plan (VSP).
Dependent Care FSA Funds Available August 1
The Dependent Care Flexible Spending Account (FSA) lets you set aside your money before taxes to pay for child care. Plus, you get free money from Intuit with a dollar-for-dollar match, up to $650 per fiscal year. Starting in FY 2019, Intuit will put the full $650 maximum match into your Dependent Care FSA at the beginning of the fiscal year. This means that you won’t have to wait to be reimbursed and can take advantage of Intuit’s contributions after your first paycheck in August. Your contributions will continue to be deducted throughout the year.
Looking Ahead to FY 2020: Intuit’s HSA Contribution
Starting in FY 2020, Intuit will begin a multi-year process of decreasing its contribution to your HSA. Although this change won’t start until next year, we want to give you plenty of advance notice so you can start planning accordingly. This change will not affect your account balance. But you may want to start increasing your own contributions, so you can maximize your future balances once the Intuit contributions decrease—and earn as much interest as possible on your balance.
Annual enrollment is your once-a-year chance to enroll in or make changes to your benefits. Be sure to pay special attention to these benefits between now and June 22.
ACTION: Review your medical coverage options to make sure you’re enrolled in the best plan for you and your family.
Depending on where you live, you have several choices for medical coverage:
- The Cigna Choice Fund with Health Savings Account (HSA) plan offers in-network and out-of-network coverage. It’s the only medical option paired with a tax-advantaged HSA, which lets you save for current or future health care expenses and get free money from Intuit. It’s also the only plan that covers out-of-network services. Use the ALEX® Benefits Counselor tool, or talk to your Accolade Health Assistant® to see if this is the right medical plan for you.
- Age 65 and over: If you’re Medicare-eligible and not enrolled, but you’d like to elect this plan, you need to enroll by calling 1-866-468-8236. If you do not enroll over the phone, you will not have an HSA plan established due to Medicare restrictions.
- UnitedHealthcare (UHC) Network Plan, Cigna Managed Network Plan (EPO) and Kaiser (California only) have predictable out-of-pocket costs, and there’s no deductible for you to pay before the plan pays for services or prescriptions. These plans cover in-network care only and may have higher paycheck deductions.
Reminder: If you have a spouse or domestic partner who is eligible for coverage through his or her employer, you will need to pay a spousal surcharge of $100 each pay period to cover him or her on your Intuit plan.
ACTION: Review your dental coverage options to make sure you’re enrolled in the best plan for you and your family.
You have two options for dental coverage:
- The Aetna PPO Dental Plan gives you the freedom to choose any dentist. However, if you choose to go to a dentist who is not in the network, you pay more for services.
- The Aetna DMO Dental Plan requires you to pick a primary care dentist (PCD) in the Aetna DMO network for regular exams and for referrals to get specialty care. In exchange, it costs less than the PPO Plan. Because this plan has a smaller network of providers, it may not be for everyone.
ACTION: Make sure you’re enrolled in the Vision Service Plan (VSP).
The VSP has the most extensive network of optometrists and vision care specialists in the country. When you choose a VSP provider, you pay only a $10 copay for your annual exam. The plan provides $180 for frames and covers lenses at 100%, or $300 toward contact lenses, every 12 months.
Health Care FSA
ACTION: Re-enroll in the Health Care FSA.
The Health Care Flexible Spending Account (FSA) saves you money because you can pay for eligible health care expenses with tax-free dollars. You decide how much to contribute to your Health Care FSA—from $26 to $2,600 per year. Your full contribution is available for you to use at the start of the fiscal year, and your contribution is deducted from your paycheck, pre-tax, throughout the year. Keep in mind that you must use your account balance before the end of the fiscal year (August 1–July 31) or it will be forfeited.
If you’re enrolled in the Cigna Choice Fund HSA plan, you can only have a Limited Purpose Flexible Spending Account (FSA) due to IRS regulations. The Limited Purpose FSA can only be used for your dental and vision out-of-pocket costs.
Dependent Care FSA
ACTION: Re-enroll in your Dependent Care FSA—Intuit matches up to $650!
You can use the Dependent Care Flexible Spending Account (FSA) to pay for child care, school holiday care and summer camps until your child’s 13th birthday, or beyond your child’s 13th birthday if he or she is disabled. You can contribute $52–$5,000 per fiscal year, including the $650 match from Intuit. Remember that you must use your account balance before the end of the fiscal year (August 1–July 31) or it will be forfeited.
Keep in mind that, starting in FY 2019, Intuit’s matched contributions to your Dependent Care FSA will be available for you to use at the start of the fiscal year, and your contributions will accumulate throughout the year.
Life and Accident Insurance
- Assess whether your current coverage provides you with a comfortable safety net. Use the ALEX Benefits Counselor tool to check your coverage level needs.
- Make sure that your basic and optional life insurance beneficiaries are up to date. You are the beneficiary of the life insurance that you purchase for your family.
Intuit provides you with basic life and accidental death and dismemberment (AD&D) insurance in the amount of two times your base salary. You can enroll in optional life insurance up to seven times your base salary ($2 million maximum, combined with basic life). If you choose coverage above five times your base salary or increase your coverage more than one level, you must complete an evidence-of-insurability form. You may also purchase:
- Child life insurance of $25,000
- Spouse or domestic partner life insurance of up to $250,000
- Family AD&D insurance: up to 50% of your total coverage amount for your spouse or domestic partner, and $10,000 for your eligible child
ACTION: If you haven’t already, enroll in legal insurance.
With ARAG UltimateAdvisor® legal insurance, you can access a nationwide network of attorneys who can advise and represent you if you’re dealing with a rental dispute, a traffic ticket, adoption proceedings, a home purchase or other situations in which you could use legal guidance. You can also call a network attorney for unlimited legal advice on preparing wills, trusts and other personal documents. Plus, ARAG offers many elder care services to support you and your parents. And now getting on-the-go legal help is even easier with the ARAG mobile app.
Legal insurance also includes identity theft protection, which tracks your credit activity or online identity, notifies you immediately of suspicious activity and provides insurance coverage in restoring your identity—all for about the per-paycheck cost of a movie ticket! To be covered by identity theft protection, you must set up your profile on the ARAG identity theft website to activate the service.
Got a need or a want? Chances are we have a benefit to help—and you can access it anytime throughout the year. No need to sign up during annual enrollment.
All Intuit’s well-being programs can be found in the Well-being Hub, powered by Virgin Pulse. The program is free and is personalized based on your preferences, your biometrics and the data you provide. Don’t miss out on the rewards of up to $300 each year! year!
“I Need to Focus More on My Health.”
Intuit’s programs can help you make serious strides when it comes to fitness and weight management.
Retrofit Healthy Living can help you maintain your weight or lose a few pounds through online classes, exercise videos and personalized tips.
If you have a body mass index (BMI) of 27 or higher, Retrofit Weight Management can help you lose weight through one-on-one coaching, a smart app, self-monitoring devices and an online community. Both Retrofit programs are available to you, your covered spouse/domestic partner and your children ages 18–26.
You may also want to check out eMindful’s Weight Balance for Life course, which takes a unique mind-body approach to weight management, and Arivale, a program that combines science and personalized coaching to help you set focused goals. With Arivale, you can gain genetic and clinical insights so you and your coach can create a health game plan that’s customized to your specific needs.
“I Want to Perform at My Best.”
Well Minds is a collection of offerings to help you and your family handle life’s challenges, build resilience and bring calm.
Improve your happiness, productivity and self-awareness with Whil’s video and audio sessions with industry experts. Choose programs to learn the basics, create mindful relationships and perform at your highest level. The Search Inside Yourself™ course helps you develop your emotional intelligence, as well as your teamwork and leadership skills.
With eMindful, you can join a virtual classroom to gain focus and create calm, and work toward lasting positive change with a live coach. Stress Less, Live More™ and QuitSmart® Mindfully (tobacco cessation) are two of the many programs available to you.
Through Cognitive Behavioral Therapy (CBT) techniques, Lantern teaches you to better manage your anxiety or depression. You can work with your own personal coach who helps you apply what you learn to your everyday life, provide motivation and accountability, and celebrate your progress.
Optum provides you with six free, confidential counseling sessions (by phone or in person) per need, per fiscal year. You and your family members can talk to an expert who can help you manage stress, anxiety, depression or addiction; handle grief and relationship issues; develop resilience and more.
“I Need to Get Better at Saving for My Future.”
Intuit offers tools, resources and programs to help you keep your finances in order and your future looking bright.
Contribute to the 401(k) Savings Plan to build your long-term financial security. Intuit matches $1.25 for every $1 you contribute, up to 6% of your eligible pay, with a max of $10,000 a year. If you aren’t participating, you’re leaving up to $10,000 on the table.
Participate in the Employee Stock Purchase Plan (ESPP) and sweeten your savings for your short- or long-term goals. Buy Intuit shares at a minimum 15% discount—an instant gain. Hold your shares and, if you sell when the price goes up, gain even more! Your next chance to enroll is August 2018.
The easy-to-use ALEX® Financial Wellness tool provides practical guidance on budgeting, debt, and emergency and retirement savings to help you build a plan for your financial freedom.
Take courses through Financial Knowledge to learn how to manage your finances, develop healthy spending habits, get out of debt and make the most of your Intuit financial benefits.
Effortlessly manage your finances, all in one place, with Intuit’s own Mint, and build a financial health profile based on your verified IRS-filed income, credit score and debt-to-income ratio with Turbo.
Long-Term Care insurance provides you with a monthly dollar benefit to help pay for costly in-home or nursing care, either for yourself or someone you love. Existing employees, their spouses/partners and family members aged 18-79 may apply anytime.
As an Intuit employee, you’re treated to VIP discounts on a wide variety of products and services, including travel and entertainment, retail products, mortgage support services, home and auto insurance, and pet insurance.
“I Want to Make a Difference in My Community.”
Want to make a positive contribution to the world—or even just your neighborhood? Intuit makes it easier for you to pitch in.
Through the We Care & Give Back program, you can donate your time and money to causes that are important to you. Intuit matches every dollar you donate to an eligible charity, up to $5,000 per fiscal year. And all full-time employees are eligible for 32 volunteer hours per calendar year. Plus, you can now apply for a grant if you participate on a nonprofit board. Learn more by visiting the We Care & Give Back Jive site on Insight.
Get help making decisions about enrollment.
Enroll June 11–22.
Time left to enroll:
Go to Your Benefits Resources at hewitt.intuit.com. (Note: You may need to take additional authentication steps, including creating a new password and phone PIN, to log in.) While you're there, be sure to:
- Confirm your nicotine-free status if you’re not already receiving the credit. If you’re adding a spouse or domestic partner or if you recently stopped using nicotine products, you’ll need to indicate this during annual enrollment.
- Enroll in or make changes to your benefits from June 11 to June 22. On June 22, you can enroll online until 11:59 p.m. PT or by phone until 6 p.m. PT. If you have questions about the enrollment process, call 1-866-INTUBEN (1-866-468-8236), or log in to hewitt.intuit.com to get help from a virtual assistant or connect with a live representative.
- Print or save your confirmation statement. You can see the credits that will be applied in FY 2019 when you go through the enrollment process. Changes you make are effective August 1, 2018, and your first paycheck in August will show the new deductions.
If you want to discuss your benefit options, narrow down your choices and get personalized guidance on how to get the most out of your benefits, call Accolade at 1-888-659-8305 (8 a.m.–8 p.m. PT, Monday–Friday) or visit Accolade.