Summary of Changes for 2020! Good news!
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Summary of Changes for 2020! Good news! As part of the efforts to make Sprint a Great Place to Work, there are no increases to 2020 medical plan, dental, vision and life insurance, dependent life insurance and AD&D premiums. Review the information in this document carefully. Use all the resources available to make educated benefits decisions for yourself and for your family. Nov. 8-20, 2019 (Deadline 11:59 p.m. CT Nov. 20) Life & Career > Benefits > Employee Self Service > Benefits Enrollment > 2020 Benefits Benefits > Benefits Enrollment Annual Enrollment Sprint.com/benefits Schedule a benefit review session starting Oct. 28 See per-paycheck costs here Visit meetme.so/SprintOE Call 877-368-5533; from 8 a.m. to 5 p.m. CT Monday-Friday 1
_____________________ Medical plan changes ........ ................. p. 3 Prescription drug plan changes ................. p. 4 Health Savings Account ........................ p. 4 Flexible Spending Account plans ................ p. 5 Other Changes ................................ p. 5 No Changes ................................... p. 5-6 Reminders .................................... p. 6 Additional resources ........................... p. 7 2
_____________________ You can choose from three national medical plans: Core plan with Health Savings Account Basic plan with Health Savings Account Health Account plan with Health Reimbursement Account Kaiser HMO, in select regions Changes to Health Account Plan Emergency Room Co-Payment: Emergency room co-payment will be increased to $150 under the Health Account Plan. No other changes to apply to any of these Plans. New health management programs: o Hypertension: Program offers a simple, advanced blood pressure monitor combined with the power of personalized coaching. UHC partners click on CVS/Livongo for more information BCBSIL partners click on BCBSIL/Livongo for more information Registration information will be available after January 1, 2020. o Hinge Health digital program to help manage chronic knee/hip/back/chronic conditions for BCBSIL partners. Changes to Kaiser California, Georgia and Mid-Atlantic states: Prescription Drug Coverage: $250 deductible now applies to all covered drugs for a 30-day supply; Specialty Drugs now have a 30% coinsurance (after deductible), not to exceed $200 for a 30-day supply Changes to Kaiser Hawaii Inpatient Services: 10% coinsurance added to inpatient hospital services 3
_____________________ No changes, except for ongoing formulary changes, as determined by CVS Caremark. _____________________ Sprint’s Health Savings Account (HSA) will continue to be administered by HealthEquity. New HSA maximum contribution amounts (including Sprint company funding): Individual: $3,550 ($50 increase)* Family: $7,100 ($100 increase)* *Employee partners age 55 or older are eligible to make an additional “catch-up” contribution of $1,000 each year. Your current participation and annual contribution election (if applicable) will automatically continue at your contribution for 2020 unless updated through your active enrollment submission. Reminder – Sprint contributes to your HSA: If you contribute just $24 per year to your HSA, Sprint contributes: Up to $500 toward your individual maximum contribution, Up to $1,000 toward your family maximum contribution. More information on HSA accounts: Call 844-396-0220, or visit www.healthequity.com/sprint to watch helpful videos and view additional resources. 4
_____________________ Health Care FSA: New maximum annual contribution amount $2,700 – a $50 increase. _____________________ Onsite Health Center (Reston and Overland Park): changes to fees for various services, click here for more details. Health Plan Cost and Care and Provider Support tools: o Castlight Health will be discontinued as of January 1, 2020. o Cost, Care and Provider tools will be provided by your medical carrier (BCBSIL or UHC) and CVS Caremark websites. o Register on vendor websites/apps to take full advantage of all of the features available such as: locating network providers ID cards claims and comparing costs and quality for the services available Vision Plan: Davis Vision is implementing a new nation-wide lab network to manufacture and dispense eyewear from a vastly expanded catalogue. The lab network offers access to high quality eyewear using advanced technology and broad choice in lens functionality. Members can choose from a larger variety of lenses, including the most utilized and requested digital progressives, anti- reflective coatings, and blue light protection. _____________________ Sprint Basic Plan 5
Sprint Core Plan Dental plan Dependent Care FSA Long Term Disability Supplemental Health Insurance plans (Accident, Critical Illness and Hospital Indemnity) Group legal plan _____________________ The HLD status you have in 2019 carries forward unless your HLD status has changed and you submitted the required activities by the Oct. 4 deadline to take advantage of greater medical premium discounts. IMPORTANT: If you actively enroll and your HLD status changed, you will be required to take ACTION to select a medical plan and enroll your dependents (as applicable). Confirm your medical surcharge designation is correct: Your current election will carry forward, and you don’t need to re-designate your status unless there is a change. If you are enrolled in a Flexible Spending Account (Health Care and/or Dependent Care), you’ll need to actively enroll during Annual Benefits Enrollment and select the amount you wish to contribute in 2020. o do not need to be re-elected. However, you’ll need to enroll if you wish to change your contribution amount OR if you actively enroll and you have either a carrier medical and/or healthy living discount change. Your election will carry forward. Once you’ve enrolled, you’ll receive a confirmation statement via email after one business day. Be sure to review your statement carefully. Enrollment on the last day of Annual Enrollment will not allow you to 6
receive your confirmation statement in time to make any changes if you find errors in your intended elections. _____________________ Benefit costs and helpful vendor contact information Visit i-Connect > Life & Career > Benefits > Benefits Enrollment > 2020 Benefits Annual Enrollment Sprint.com/benefits – for external access Comparison of medical plans – View the table here Medical plan administrators by state Legal notices 7
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