Focus on Your Well-Being

Transcription

1 Focus on Your mypay Well-Being Benefits Annual Enrollment Is November 1 through 15 myhealth mywellness Everton Furtado and his family (Senior Compensation Analyst, Boca Raton, FL) mylife myfuture mycareer Review this announcement and mark your calendar Compare your options using the tools available to you beginning October 26 Choose your benefits online or by phone during Benefits Annual Enrollment November 1 through 15 myrewards

2 Manasquan team members (left to right): Jan-noi Jackson, Tashara Gialanella, Liz Lewis, Neil Larsen, and Debra Almeida You can enroll online or by phone: ADT Team Members MyADTHR.com EmployeeAccess P1 Team Members protection1.com/adfs All Team Members Monday through Friday from 8 a.m. to 8 p.m. Eastern time What s Inside Benefits Annual Enrollment Is Coming November 1 through 15 3 Your 2017 Benefits Annual Enrollment Options 4 Seven Things You Need to Know About Our Medical Plan Options for Tips for Customizing Your Benefits 10 2

3 Benefits Annual Enrollment Is Coming November 1 through 15 Our goal at ADT is to offer benefits that support your emotional, financial, social, and physical wellbeing. But it s up to you to take some time and pick the benefits that will work best for you. Benefits Annual Enrollment is your chance to choose the coverage you want for 2017 in the plans listed under Your 2017 Benefits Annual Enrollment Options. What If I Don t Enroll? Don t leave yourself and your family unprotected. Take the time to understand your choices and choose your coverage. If you miss the Benefits Annual Enrollment period, three things will happen: 1. ADT Team Members: You will not participate in the following plans in 2017: Medical and Prescription Drug, Dental, Health Savings Account (HSA), Health Care Flexible Spending Account (HCFSA), or Dependent Care FSA (DCFSA). P1 Team Members: You will not have any benefits, other than 50% Long-Term Disability coverage (which is 100% employee-paid) and Company-provided benefits. 2. You will not be able to enroll in or make changes to the plans listed under Your 2017 Benefits Annual Enrollment Options during 2017 unless you experience a qualifying life event like marriage, formation of a domestic partnership, birth, divorce, death, or a change in employment status, or a Health Insurance Portability and Accountability Act (HIPAA) special enrollment event. 3. You may face a penalty under the Affordable Care Act (ACA). If you do not enroll in any health insurance, whether from ADT or another source that meets minimum coverage requirements, you may be subject to fines from the federal government. If you are required to file an income tax return, the penalty is the higher of 2.5% of your income or $695 per adult and $ per child under age 18 (up to a maximum penalty of $2,085). You Can Enroll Online or by Phone ADT Team Members P1 Team Members All Team Members MyADTHR.com protection1.com/adfs EmployeeAccess Call with questions about your benefits Monday through Friday from 8 a.m. to 8 p.m. Eastern time Attention P1 Team Members You will have new options and a new platform to elect your benefits. Check out the selfies team members have submitted to show the people, pets, places, and things they think about whenever they make important decisions about their benefits. 3

4 Your 2017 Benefits Annual Enrollment Options For 2017 you have more choice. Below and on the following pages are the benefits and options you will have to choose from during the Benefits Annual Enrollment process. Review your options and be sure you re aware of your DEFAULT for each benefit. The DEFAULT is the coverage you would have under a plan if you make no other choice during Benefits Annual Enrollment. Jill Jackson and her husband, Adam, in The Bahamas for their wedding (Program Manager, Talent Acquisition, Boca Raton, FL) Medical and Prescription Drug DEFAULT: NO COVERAGE Consumer Driven Health Plans with HSA Enhanced Protection Plan (EPP) 1 Core Protection Plan (CPP) 1 Value Protection Plan (VPP) 1 Preferred Provider Organization Preferred Provider Organization (PPO) 1 Health Maintenance Organization Kaiser Enhanced Plan (KEP) 2 Kaiser Core Plan (KCP) 2,3 Hawaii Medical Service Association (HMSA) Plan 4 Waive Coverage 1 Administered by Blue Cross Blue Shield; Prescription Drug Plan administered by CVS Caremark. 2 Administered by Kaiser Permanente. Available only in California, Colorado, District of Columbia, Georgia, Maryland, Oregon, Virginia, and Washington. Prescription Drug Plan provided through Kaiser Permanente pharmacies. 3 This is a consumer driven health plan with HSA. 4 4 Available only in Hawaii.

5 Your 2017 Benefits Annual Enrollment Options, continued The DEFAULT is the coverage you would have under a plan if you make no other choice during Benefits Annual Enrollment. Frank Paglia and his son, Nick (IT Specialist, Irving, TX) Tobacco and/or Nicotine Surcharge For Blue Cross Blue Shield plans only (excludes HMSA) DEFAULT: NOT CERTIFIED Certify Do Not Certify Health Savings Account (HSA) Administered by HealthEquity DEFAULT: NO CONTRIBUTION (EMPLOYER CONTRIBUTION ONLY) Make Contribution No Contribution (Employer Contribution Only) You must be enrolled in the EPP, CPP, VPP, or KCP. Your contribution may be changed at any time during the year. Health Care Flexible Spending Account (HCFSA) Administered by HealthEquity DEFAULT: NO CONTRIBUTION Make Contribution (if enrolled in the PPO or KEP) No Contribution Dependent Care Flexible Spending Account (DCFSA) Administered by HealthEquity DEFAULT: NO CONTRIBUTION Make Contribution No Contribution 5

6 Your 2017 Benefits Annual Enrollment Options, continued The DEFAULT is the coverage you would have under a plan if you make no other choice during Benefits Annual Enrollment. Dental Administered by Aetna DEFAULT: NO COVERAGE Dental Preferred Provider Organization Core Plan Enhanced Plan Dental Maintenance Organization DMO Plan Waive Coverage Personal and Family Accidental Death & Personal Loss (P&F AD&PL) Administered by Aetna DEFAULT: BASIC AD&PL COVERAGE, CURRENT P&F AD&PL COVERAGE (ADT); BASIC AD&PL COVERAGE, NO P&F AD&PL COVERAGE (P1) Cover Yourself Cover Family Members Waive Coverage Vision Administered by EyeMed DEFAULT: CURRENT COVERAGE (ADT); NO COVERAGE (P1) Core Plan Enhanced Plan Waive Coverage Supplemental Life Insurance Administered by Aetna DEFAULT: CURRENT COVERAGE (ADT); NO COVERAGE (P1); Basic Life coverage is automatic Cover Yourself Cover Family Members Waive Coverage Long-Term Disability (LTD) Insurance Administered by Aetna DEFAULT: CURRENT COVERAGE (ADT); 50% ANNUAL BASE SALARY REPLACEMENT* (P1) 50% Annual Base Salary Replacement* *Up to $15,000 per month. 60% Annual Base Salary Replacement* Waive Coverage Critical Illness Insurance Administered by Allstate DEFAULT: CURRENT COVERAGE Elect Coverage or Keep Default Waive Coverage 6

7 Your 2017 Benefits Annual Enrollment Options, continued The DEFAULT is the coverage you would have under a plan if you make no other choice during Benefits Annual Enrollment. Accident Insurance Administered by Allstate DEFAULT: CURRENT COVERAGE (ADT); NO COVERAGE (P1) Elect Coverage or Keep Default Waive Coverage Hospital Indemnity Insurance Administered by Allstate DEFAULT: CURRENT COVERAGE (ADT); NO COVERAGE (P1) Elect Coverage or Keep Default Waive Coverage Legal Assistance Plan Administered by Hyatt Legal DEFAULT: CURRENT COVERAGE (ADT); NO COVERAGE (P1) Elect Coverage Waive Coverage ADT provides you access to the Legal Assistance Plan, but it is a non-employee Retirement Income Security Act (non-erisa), non-adt-sponsored program. More details about these benefits coming via October 18. There s More The benefits listed under Your 2017 Benefits Annual Enrollment Options are only the ones that require some attention from you during Benefits Annual Enrollment. Here are several other benefits that are either automatic or that you can enroll in at any time during the year. 401(k) Plan ADT Employee Assistance & Work/Life Program Auto and Home Insurance Program 1,2 Business Travel Accident Insurance Employee Discount Program Personal Identity Credit Protection 1 Pet Insurance 1,2 These are just a few of the many programs ADT offers team members. For more information about these benefits, refer to your 2017 myrewards Overview Guide available October ADT provides you access to these programs, but they are non-employee Retirement Income Security Act (non-erisa), non-adtsponsored programs. 2 Team members may elect this benefit starting on January 1,

8 Seven Things You Need to Know About Our Medical Plan Options for 2017 The health care landscape is changing, and we re keeping up with a move toward Medical Plan options that give you choices as well as greater flexibility in how you pay for the care you need today and in the future. To help you think about your needs for 2017, here are seven things you need to know about our Medical Plan options. 1. Our Medical Plan and Prescription Drug Plan carriers may be new to you. Here s what will be available in Betsy Scott (Vice President, Human Resources, Lawrence, KS) Preferred Provider Organization (PPO) Enhanced Protection Plan (EPP)* Core Protection Plan (CPP)* Value Protection Plan (VPP)* Hawaii Medical Service Association (HMSA) Plan (Hawaii only) Kaiser Enhanced Plan (KEP) Kaiser Core Plan (KCP)* Available only in California, Colorado, District of Columbia, Georgia, Maryland, Oregon, Virginia, and Washington. Administered by Blue Cross Blue Shield Prescription Drug Plan provided by CVS Caremark Administered by Hawaii Medical Service Association (HMSA) Prescription Drug Plan provided by HMSA Administered by Kaiser Permanente Prescription Drug Plan provided by Kaiser Permanente pharmacies *With associated Health Savings Account. 2. If you enroll in a Medical Plan option with an HSA, company contributions to your HSA will occur on a monthly basis. If you are enrolling in a Medical Plan with an HSA, an account will be opened for you. ADT/ P1 will make a contribution to this account and you can also choose to contribute. The Company s annual contribution will be 10% of your annual in-network medical deductible. The company contribution will be deposited in monthly increments. 8

9 3. In all Medical Plans, HSA funding amounts, annual deductibles, and out-of-pocket maximums will map to four coverage levels. To help you avoid any confusion when you compare plans, the charts below show how the four coverage levels fall into these tiers. Blue Cross Blue Shield Plans FOUR Levels of Coverage THREE Tiers for HSA Funding, Annual Deductible, and Out-of-Pocket Maximum 1 Employee Only 1 Employee Only 2 Employee + Spouse/Domestic Partner 3 Employee + Child(ren) 2 Employee + Spouse/Domestic Partner Employee + Child(ren) 4 Employee + Family 3 Employee + Family Kaiser Permanente Plans FOUR Levels of Coverage TWO Tiers for HSA Funding, Annual Deductible, and Out-of-Pocket Maximum 1 Employee Only 1 Employee Only 2 Employee + Spouse/Domestic Partner 3 Employee + Child(ren) 4 Employee + Family 2 Employee + Spouse/Domestic Partner Employee + Child(ren) Employee + Family 4. Most plans will have a $250 copay for emergency room visits and a $30 copay for urgent care visits. Copay is waived if admitted to the hospital. In the Blue Cross Blue Shield plans: The emergency room copay applies after deductible in all plans. In the PPO, the deductible does not apply to the urgent care copay. In the EPP, CPP, and VPP, the urgent care copay applies after deductible. In the Kaiser Permanente plans: In the Kaiser Enhanced Plan, the deductible and coinsurance apply to the emergency room copay. In the Kaiser Core Plan, the deductible and coinsurance apply to both the emergency room copay and the urgent care visit copay. In Georgia, the copay for emergency room visits is $ The Summary of Benefits and Coverage (SBC) documents are a great source of information. SBCs are designed to make it easy to compare Medical Plans. SBCs for all of our Medical Plans will be available beginning October 18. Watch your for links. Download them, print them out, and compare. If you can t access the SBC online, you can also request a paper copy by calling EmployeeAccess at All employees enrolled in the Blue Cross Blue Shield plans (excluding HMSA) are eligible for the ADT Well- Being Program and Healthy Rewards incentives. Enrolled spouses/domestic partners are eligible, too. The ADT Well-Being Program includes health management programs, such as Health Coaching, Member and Maternity Management, Nutritional Counseling, Teladoc, and SleepMed. The Kaiser Permanente and HMSA plans include their own wellness programs. See page 11 for more about Healthy Rewards incentives. 7. The Blue Cross Blue Shield and Kaiser Permanente plans will cover transgender surgery as of January 1,

10 Tips for Customizing Your Benefits To help you lead a healthy life, we offer comprehensive benefits with many choices. But your needs are unique. Only you can know what would work best for your situation. Thinking through the following questions can help you create a cost-effective, comprehensive, and customized benefits package that is right for you. 1. Confirm Who You Need to Cover. Your monthly premium is, in part, determined by the coverage level you choose. Employee Only Employee + Spouse/Domestic Partner Employee + Child(ren) Employee + Family Here are a few important reminders about dependent eligibility: Until they reach age 26, child(ren) (yours or your domestic partner s) are eligible for Medical and Prescription Drug, Dental, Vision, Supplemental Life Insurance, and P&F AD&PL Insurance coverage regardless of student, residence, or marital status. If both you and your spouse/domestic partner are employed by ADT/P1, you cannot enroll in your own ADT Medical Plan coverage and also be covered under your spouse s/domestic partner s ADT Medical Plan coverage. Similarly, your children, if any, may only be covered as a dependent by either your or your spouse s/domestic partner s ADT Medical Plan coverage, but not by both. If your spouse/domestic partner has access to coverage from another employer, compare costs to see if choosing Employee Only or Employee + Child(ren) coverage would be a better deal for you. You will be asked to verify enrolled dependents. You will receive a packet in the mail within seven to ten calendar days after enrolling. You ll be asked to verify each dependent s relationship to you by submitting required documentation. If you do not verify your dependent(s) by the deadline indicated in your packet, coverage will be cancelled on a prospective basis. ADT Team Members: You will be asked to verify any NEW dependents you enroll in coverage. P1 Team Members: You will be asked to verify ANY dependents you enroll or re-enroll in coverage. Alan Simone (General Manager, Jacksonville, FL) Make Sure Your Dependents Are Eligible Enrolling someone who is not eligible is against the terms of our plan. If you enroll an ineligible individual in your coverage, you would be responsible for any benefits improperly paid for that individual. If you d like some help checking the eligibility of your dependents, you can speak with a dedicated EmployeeAccess Dependent Verification specialist by calling , Monday through Friday from 8 a.m. to 8 p.m. or Saturday from 9 a.m. to 2 p.m. Eastern time. 10

11 2. Estimate Your 2017 Medical Needs. Projecting your medical needs for next year can help you choose the plan that will work best for you. For example, if you don t expect to need much care, a plan with a higher deductible will reduce your monthly premiums while still offering you protection if you experience a serious illness or injury. If you do expect many visits to the doctor or if you know you have a procedure coming up, you may want to pay more per month for a plan with a lower deductible. This will help limit your out-of-pocket costs during the year. Trying to predict your medical care needs and costs can be tough. That s why we offer tools to help. You can find the toolkit described below through the enrollment website at MyADTHR.com or protection1.com/adfs beginning October 26. Compare your out-of-pocket costs under all plans with the Health Plan Evaluator. Enter your anticipated health care usage for 2017 doctor visits, number of prescriptions, etc. and this tool does the rest. You can save your estimates and run as many different scenarios as you like. Compare Medical Plan details side by side with the Health Plan Evaluator. Get an at-a-glance view of deductibles, copays, coinsurance, hospital expenses, physical therapy, and more. You can look for features that are important to you and quickly see the differences between each plan. Estimate your prescription drug costs with the CVS Caremark Prescription Drug Pricing Tool. Simply enter the medications you or your family are taking and the tool will provide you with a comparison of costs by each Blue Cross Blue Shield Medical Plan option. 3. Be Aware of the Incentives for Taking Care of Your Health. Did you know that all of our Medical Plans cover in-network preventive care at 100%? That means you pay nothing out of your pocket for these services, which include annual physicals, certain basic health screenings, and even certain immunization vaccines. Did you know that you could earn up to $400 by participating in healthy activities (up to $600 if your spouse/domestic partner also participates)? If you enroll in a Medical Plan from Blue Cross Blue Shield (excluding HMSA) and complete a Health Assessment, Biometric Screening, and other activities, you can earn a Healthy Rewards incentive, a component of ADT s Well-Being Program. If you re enrolled in the EPP, CPP, or VPP, the Healthy Rewards incentive will be added to your HSA. If you re enrolled in the PPO, the incentive will be provided as a cash reward. For more information about the Well-Being Program, visit MyADTHR.com or the P1 intranet. Participants in a Kaiser Permanente or HMSA plan are not eligible for the Healthy Rewards incentive. Did you know that not using tobacco and/or nicotine (or quitting) can save you $50 a month on your Medical Plan premiums? If you enroll in a Medical Plan from Blue Cross Blue Shield and you can certify that you have been tobacco- and/or nicotine-free for at least six months, or if you commit to completing a cessation program by July 31, 2017, you can avoid paying a surcharge on your premiums. The tobacco and/or nicotine surcharge does not apply to participants in a Kaiser Permanente or HMSA plan. 11

12 4. Look into Special Tax Advantages. You can reduce your tax burden by using special accounts that let you pay for certain eligible expenses with money deducted from your paycheck on a pre-tax basis. Health Savings Account (HSA) If you enroll in the EPP, CPP, VPP, or KCP, ADT/P1 will contribute an amount to your HSA equal to 10% of your Medical Plan deductible for the year. Company contributions are made on a monthly basis. You can contribute on a pre-tax basis to the HSA, too. The HSA offers you this triple tax advantage: 1. Your contributions are made on a pre-tax basis, reducing your taxable income. 2. You do not pay taxes on money you withdraw, as long as you use it to pay for eligible medical, dental, and vision expenses. 3. Any earnings on your HSA are tax-free. Any money left in your HSA at the end of the year rolls over into the next. The funds in your HSA are always yours, even if you leave the plan or the Company. You can set your HSA contribution level during Benefits Annual Enrollment and you can change it any time during the year. For 2017, the Internal Revenue Service (IRS) permits a maximum total contribution (ADT s and yours) to your HSA of $3,400 (Employee Only) or $6,750 (all other coverage levels). If you ll reach age 55 or older in 2017, you may contribute an additional $1,000. (If you enroll in the PPO, you cannot participate in the HSA.) It is your responsibility to be sure you do not exceed the IRS limits. Remember: The Healthy Rewards incentive will be added to the HSA funding for the EPP, CPP, and VPP. The Kaiser Permanente and HMSA plans are not eligible for the Healthy Rewards incentive. Health Care Flexible Spending Account If you enroll in the PPO or the KEP, and don t currently have an HSA, you can enroll in the Health Care Flexible Spending Account (HCFSA). The HCFSA lets you set aside up to $2,550 on a pre-tax basis to pay for health and prescription drug expenses like deductibles, copays, coinsurance, orthodontia, contact lenses, and more. Unused HCFSA dollars do not roll over into the next year. Expenses incurred during 2017 must be submitted for reimbursement no later than March 31, 2018 or your balance will be forfeited. Estimate Your Eligible Expenses The Health Plan Evaluator makes it easy to estimate your medical, prescription drug, and dental expenses, and how much you should contribute to an HCFSA. To use the estimator, visit the Health Plan Evaluator on the enrollment website. Dependent Care Flexible Spending Account The Dependent Care Flexible Spending Account (DCFSA) is available regardless of which Medical Plan you elect. The DCFSA lets you set aside up to $5,000 on a pre-tax basis to reimburse you for costs related to day care, nursery school, elder care, and other eligible expenses that allow you to work. Like the HCFSA, unused DCFSA dollars do not roll over into the next year. Expenses incurred during 2017 must be submitted for reimbursement no later than March 31, 2018 or your balance will be forfeited. 12