OCT. 23- NOV. 13, 2017 2018 U.S. BENEFITS ANNUAL ENROLLMENT
TODAY’S AGENDA • Key changes for 2018 • 2018 Medical plan options • Additional benefits offerings Annual Enrollment • Support resources Oct. 23– • Next steps Nov. 13, 2017 2 Amgen Proprietary—Internal Use Only
MOST BENEFITS WILL CARRY OVER FOR 2018 Eligible Life/ Flexible Health Depen- Disability/ Legal 401(k) Medical Dental Vision RMSA Spending Savings dents’ Lyra Plan Election* Account Account* Coverage Health Will carry over to 2018 Will NOT carry over to 2018 If you take no action during Annual Enrollment, your current medical, dental and vision elections will carry over for 2018. *Can be changed anytime during the year 3 Amgen Proprietary—Internal Use Only
Key Changes for 2018 4 Amgen Proprietary—Internal Use Only
2018 HEALTH AND WELLNESS ANNUAL ENROLLMENT New PPO medical and Lyra Health program dental administrators replacing PEP Increased FSA and Enhanced support HSA maximums resources October 23–November 13, 2017 5 Amgen Proprietary—Internal Use Only
Medical Plan Options 6 Amgen Proprietary—Internal Use Only
ANTHEM PPO MEDICAL PLAN ADMINISTRATION Broader network of providers Better negotiated rates and discounts for staff members and Amgen Improved online tools to manage your health Our PPO medical plans themselves are not changing. Prescription coverage remains with ESI. 7 Amgen Proprietary—Internal Use Only
ANTHEM TRANSITION— WHAT YOU SHOULD DO Verify your current medical providers are in network at amgenbenefits.com/ae IN NETWORK NOT IN NETWORK No action Review the transition of care information on needed amgenbenefits.com/ae If you enroll in an Anthem plan for 2018, you will receive individual ID cards by mail in December. 8 Amgen Proprietary—Internal Use Only
2018 MEDICAL PLAN OPTIONS Amgen will continue to offer two types of plans for 2018 Regional HMOs PPO • Traditional PPO • Kaiser (N. California) • Value PPO with • UHC (California) Health Savings • HMO Blue Account (HSA) (Northeast) feature Choose the right plan for you and your family 9 Amgen Proprietary—Internal Use Only
2018 MEDICAL PLAN CONSIDERATIONS 1 Medical plan premiums will not be changing for 2018 2 Value PPO plan has the lowest premiums overall – and the highest deductible 10 Amgen Proprietary—Internal Use Only
2018 MEDICAL COVERAGE PREMIUMS Biweekly Premiums (assuming no wellness credits) Salary-based tiers Coverage Tier Traditional PPO Value PPO HMOs for 2018* Staff member + family Tier A $172.15 $109.38 $151-$169 A: Less than $100,000 Tier B $186.00 $117.69 $162-$182 B: $100,000-$199,000 Tier C $127.38 $199.85 $173-$194 C: $200,000+ Find salary-tiered premiums for all coverage levels listed in your Annual Enrollment Packet *Salary tier is based on your base salary as of 11/15/17. 11 Amgen Proprietary—Internal Use Only
TRADITIONAL PPO VS VALUE PPO How the plans are the same How the plans differ COST FOR ANNUAL RX • Same network of providers and services COVERAGE DEDUCTIBLE COPAYS • Both cover Amgen products Before deductible (either pre- or post-deductible) • Free preventive care After deductible • 20% coinsurance after deductible, Traditional PPO Value PPO in-network Traditional PPO – contribution / deductible / Rx copays pre deductible Value PPO – contribution / deductible / Rx copays post deductible The primary difference between the plans is how and when you pay for care, and how you save for expenses 12 Amgen Proprietary—Internal Use Only
YOUR MEDICAL PLAN + HEALTH ACCOUNT TRADITIONAL PPO or VALUE PPO REGIONAL HMO • Healthcare Flexible Spending • Healthcare Flexible Spending Account (limited purpose only) Account (full-purpose) • Retiree Medical Savings Account • Retiree Medical Savings Account • Health Savings Account 13 Amgen Proprietary—Internal Use Only
COMPARING THE HEALTH ACCOUNTS Healthcare Flexible Health SAVINGS Account Retiree Medical SAVINGS SPENDING Account (HSA) Account (RMSA) (FSA) • Can be spent this year or saved for • Save for retirement medical costs • Lasts one year future medical expenses (including • Your contributions stay with you, even • Use it or lose it How long they last retirement) after a job change • You can roll $500 over for the • Stays with you, even after a job • Amgen credits are available if you retire following year change (are 55 with 10 years of service, or 65) • Keep your receipts in case you’re • Keep your receipts in case you audited by the IRS • Submit claims for reimbursement Paperwork need to substantiate a claim • File an extra form (8889) with your taxes each year • Any medical plan • Only Limited Purpose FSA • Only available for Value PPO Medical plan compatibility • Any medical plan available for Value PPO enrollees enrollees $3,450 single/$6,900 family (includes Up to 50% of your base pay and/or 80% of $2,650 How much you can Amgen seed money) your bonus/commissions contribute pre-tax + $1,000 catch-up if age 55+ pre-tax after-tax No Yes Yes Investment opportunities * When used for qualified healthcare expenses only; see IRS Publication 502 for details 14 Amgen Proprietary—Internal Use Only
MEDICAL SURCHARGES CARRY OVER Staff member who uses tobacco $150 per month Waived if enrolled in tobacco cessation Working spouse/domestic partner Review and update $50 per month your current attestations during If enrolled in Amgen benefits and can obtain coverage from his/her employer (even as secondary) Annual Enrollment 15 Amgen Proprietary—Internal Use Only
WELLNESS CREDIT INCENTIVES Vitality Status Premium Discount Coverage Level Medical Premium Medical Premium Discount Discount (per month) (per biweekly pay period) GOLD/SILVER GOLD/SILVER Staff member or Staff member + child(ren) $20/$10 $9.23/$4.62 Staff member + spouse/domestic partner— $40/$20 $18.46/$9.23 if both complete the Vitality Health Review Staff member + spouse/domestic partner— $9.23/$4.62 $20/$10 if only one completes the Vitality Health Review Note: Rates shown as Gold Status/Silver Status Achieve Gold or Silver Status by December 8 to receive a premium discount in your first paycheck in January 16 Amgen Proprietary—Internal Use Only
Additional Benefits 17 Amgen Proprietary—Internal Use Only
DELTA DENTAL One of the largest national Verify your current provider provider networks participates at amgenbenefits.com/ae View/print ID card online NOT IN NETWORK IN NETWORK (printed ID card not required Review the transition No action to receive services) of care information on needed amgenbenefits.com/ae Our dental plan itself is not changing. 18 Amgen Proprietary—Internal Use Only
OTHER BENEFITS Vision No change to plan or premiums Spouse/Domestic Partner Life We strive to balance No change to plan or premiums cost increases while providing quality, cost- effective services 19 Amgen Proprietary—Internal Use Only
LYRA HEALTH Enhanced behavioral health program launched in September, replacing the Personal Effectiveness Program (PEP) Free to staff members and covered dependents Covers up to 20 in-person or live video sessions per person per issue, as clinically indicated by Lyra The Lyra care team is Providers tailored to your specific needs available 24/7 to assist 20 Amgen Proprietary—Internal Use Only
LYRA HEALTH CAN HELP WITH… Common behavioral issues (stress, anxiety, postpartum and Financial referrals other kinds of depression, relationship issues, and sleep disorders) Legal and identity Outpatient behavioral theft referrals health services For more information, visit amgen.lyrahealth.com 21 Amgen Proprietary—Internal Use Only
FLEXIBLE SPENDING ACCOUNTS (FSA) HEALTHCARE FSA DEPENDENT CARE FSA (HCFSA) (DCFSA) • Contribute up to $2,650 • Contribute up to $5,000 • Carry over rules apply • No carry over—use it or lose it • Use the account to pay for* • Use the account to pay for — Deductible, coinsurance, copays — Before- and after-school care — Prescriptions — Child day care, adult care or elder — Dental care — Vision — Summer day camp Plan FSA contributions wisely— You can carry over up to $500 in your HCFSA into the next year *If you are enrolled in the Value PPO, you can only use your “limited purpose” account for dental and vision expenses until you meet 22 Amgen Proprietary—Internal Use Only your medical/Rx deductible
NEW BENEFITWALLET DEBIT CARD If you participate in a flexible spending account through Amgen, look for an updated debit card in December. 23 Amgen Proprietary—Internal Use Only
Support Resources 24 Amgen Proprietary—Internal Use Only
ANTHEM HEALTH GUIDES Personalized help for Amgen staff members and covered family members with everyday health situations and assistance to make sure you get the most out of your Amgen benefits Available via: Phone Chat Email 25 Amgen Proprietary—Internal Use Only
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