2018 Annual Enrollment
WHAT'S CHANGING FOR 2018
Your PNC benefits are designed to help keep you healthy, save for the future and provide financial protection. Are you making the most of them?
Annual benefits enrollment for 2018 is coming Nov. 2–17, 2017. That means it’s time to pause, take a look at your options and think about which ones will best meet your needs in the coming year.
If you read Bill’s Blog in September, you know there’s a lot of good news for 2018. The company is offering enhanced benefits and programs to make your life easier and help you save money.
Here’s a closer look at the changes that may directly impact the decisions you make during annual enrollment this fall.
- Contributions: This is the amount you contribute out of each pay for coverage.
- Employee contributions will remain unchanged for 2018 — no increase this year!
- Deductibles: This is the amount you pay for covered non-preventive services before the plan starts to pay a portion of your costs.
- Health Choice 1: The deductible will increase to meet new IRS requirements. For “you only” coverage, the new deductible will be $1,350 ($50 increase); the new deductible for any level of family coverage is $2,700 ($100 increase). This is still the lowest deductible allowable by law to participate in a tax-advantaged health savings account (HSA).
- Health Choice 2: The deductible will remain the same.
- Out-of-pocket maximum: This is the most you will pay out of pocket (or out of your HSA) for services during the plan year. If you hit this limit, the plan will pay 100 percent of covered services the rest of the year.
- The out-of-pocket maximum will remain the same for both medical options.
- Teladoc: This convenient service is an affordable alternative to a regular or urgent care office visit. It’s available to anyone covered under a PNC medical option.
- Coverage will now include mental health and dermatology services.
- Carrier options: Medical Mutual will no longer be available in northeast Ohio. For 2018, current Medical Mutual participants can choose either Aetna or Highmark Blue Cross Blue Shield. If you currently have Medical Mutual coverage and do not make an election during Annual Enrollment, you will default to your current level of coverage with Aetna for 2018.
- More money from PNC: If you’re eligible to receive salary-based HSA contributions from PNC, those amounts are going up for 2018:
- Annual salary up to $50,000: you’ll receive $500 for “you only” coverage or $1,000 for family coverage
- Annual salary from $50,000 to less than $100,000: you’ll receive $250 for “you only” coverage or $500 for any level of family coverage
- You can contribute more: IRS contribution limits will increase for 2018:
- $3,450/individuals ($50 increase)
- $6,900/family ($150 increase)
- Easier to earn: You can start earning 2018 credits as early as Dec. 16, 2017. Just complete one step — the online Health Assessment questionnaire — to earn $100 in your HSA and become eligible to start earning additional credits for other activities, including financial education. You can still earn up to $600 for yourself and $400 for an enrolled spouse or domestic partner. That’s up to $1,000 combined, contributed to your HSA! Watch News Online and your home mail in December for details.
- New choice: A third, preventive-only dental plan option is available for 2018. If you’re just looking for a plan that offers cleanings and checkups without all the bells and whistles, the new Preventive Dental PPO (DPPO) covers the basics and has low contribution rates.
Note: the Dental Maintenance Organization (DMO) option will be discontinued after 2018 due to limited availability and low provider participation. Claims reports show that most DMO participants use the plan primarily for preventive care, so if you’re currently in the DMO, consider checking out the new DPPO option (though the DMO will continue to be available through next year).
- More services covered: The current DPPO coverage will include implants, orthodontia for both children and adults, and composite (white) fillings for all teeth, plus other enhancements.
- Expanded eligibility: Eligibility will no longer be limited by career level. All full-time and Reduced Schedule Professional (RSP) employees — regardless of career level — will be able to purchase up to five additional vacation days, as long as they will have completed two years of continuous service by the start of the calendar year for which they’re enrolling.
- PNC Benefits: pncbenefits.com is new and improved and ready to help you connect with the information you need. Browse the website to read more about the benefits and programs listed above, and then come back during the enrollment period to view fun benefits videos (no, that’s not an oxymoron) and other great stuff.
- Prepare4Life: This fall, Prepare4Life has been visiting locations across the company to help employees understand the true value of PNC’s benefits and programs and how they can support your financial well-being if used wisely. Sign up for a session near you, or register for a webinar at your convenience. Then watch for additional Prepare4Life education and resources next year on a wide range of topics from credit card debt to college loans and retirement.
If you don’t enroll
Tempted to let your benefits roll over on cruise control? Don’t. You’d be missing a once-a-year opportunity to customize your benefits to meet your changing needs. You also need to consider the following:
- You'll pay the tobacco user contribution for medical coverage starting with the first pay in January 2018, unless you take specific action before then.
- Your HSA and DCRA contributions will reset to $0. If you want to contribute to the Health Savings Account (HSA) or Dependent Care Reimbursement Account (DCRA), you must make this election each year. However, you can change your HSA election any time.
- You will not be able to buy any vacation days for 2018. If you’re eligible and want to buy vacation days, you must make a new election each year during Annual Enrollment.
Get started now
Don’t wait until annual enrollment begins Nov. 2 to start thinking about your options. Get informed now! Browse the 2018 benefits pages for more details about all of your benefits, including the changes listed above.
Use the tools and resources here, under the Annual Enrollment Resources sidebar, on Pathfinder and through the enrollment site to help you make your benefits decisions.
- HSA Planning tool — Updated for 2018 — See how contributions can add up in a Health Savings Account.
- Benefits stories: Gain insights into making your benefits choices by learning how your decisions might vary depending on your personal situation.
Access from the enrollment website via Pathfinder.
- Health Plan Comparison Charts
View a side-by-side comparison of the 2018 medical options and carriers.
- Per-Pay Cost Comparison
Learn how your elections could impact your payroll deductions.
- Reimbursement Account Estimator
Decide the amount you want to contribute to the Dependent Care Reimbursement Account (DCRA) in 2018.
- Life Insurance Estimator
Determine the amount of optional coverage you should elect to protect your family against financial hardship.
- Find a Provider in Your Network:
- Aetna — Aetna Choice POS II (Open Access) — aetna.com
- Highmark Blue Cross Blue Shield* — BCBS PPO — highmarkbcbs.com
- UnitedHealthcare — UnitedHealthcare Choice Plus — uhc.com
Annual enrollment for 2018 benefits has ended. If you have questions about your benefits, call the HR Service Center at 877-968-7762, option 1, between 9 a.m. and 5 p.m. ET Monday through Friday. (Note: Service Center representatives are not able to consult with prehires.)