Be In The Know 2019 Benefits Open Enrollment: October 29 November - - PowerPoint PPT Presentation
Be In The Know 2019 Benefits Open Enrollment: October 29 November 9, 2018 Help Is at Your Fingertips Contact the Benefits Advocate Center (844) 632-2197 Monday through Friday, 7 a.m. to 5:30 p.m. PT champion@hubinternational.com For
2019 Benefits Open Enrollment: October 29–November 9, 2018
Help Is at Your Fingertips
Contact the Benefits Advocate Center (844) 632-2197 Monday through Friday, 7 a.m. to 5:30 p.m. PT champion@hubinternational.com For information on your benefits, go to sunrun.gobenefits.net.
Go Benefits Website
OE Webinars/In Person Meetings
Webinars
Webinar #1 – 10/29 at 11am PST Webinar #2 – 10/31 at 8am PST Webinar #3 – 11/6 at 2pm PST
In-Person Meetings
Scottsdale, AZ October 30, 2018 at 10 a.m. PT – Training Room 2 November 5, 2018 at 12 p.m. PT – Training Room 2 Denver, CO 1515 Arapahoe Office November 1, 2018 at 9 a.m. MT – Solar Cell November 1, 2018 at 2:30 p.m. MT – Solar Cell November 2, 2018 at 10 a.m. MT – Solar Cell Welton Office November 1, 2018 at 2:30 p.m. MT– The Eagles Design Office November 5, 2018 at 10 a.m. MT – Talking Heads San Francisco, CA November 1, 2018 at 10 a.m. PT – All Hands November 8, 2018 at 11:15 p.m. PT – All Hands
News & Updates
Health
coverage tiers. For specific rates, please refer to your 2019 Benefits Guide, available on sunrun.gobenefits.net.
coverage and $1,000 for family coverage for the Cigna CDHP Option 1.
Good news! We are not making any other changes to our medical plans for 2019.
News & Updates
Work-Life
We are introducing the confidential Maven Maternity program for expectant parents-to- be!
health specialists 24/7 via unlimited video chat and private message
News & Updates
Work-Life
We are extending the Weight Watchers program to spouses! Go to sunrun.gobenefits.net to request a code for three months free. Did you know? Thanks to our combined contributions, Sunrun was named one of the healthiest employers in the Bay Area— keep up the good work!
Healthcare Resources Available 24/7
Telehealth
1. Cigna medical plan members: Register at MDLIVEforCigna.com or call (888) 726-3171 2. Kaiser medical plan members: Call (800) 464-4000 or log into kp.org
Healthcare Resources Available 24/7
Tobacco Cessation
ComPsych GuidanceResources
to come up with a personalized plan that’s right for you
covered at 100% through the Cigna medical plans
LivingConnected Diabetes Program
medical plan members at no cost
management and testing supplies
coaching available
2019 Medical Coverage
For all employees:
Cigna PPO Plan Cigna Consumer Directed Health Plan (CDHP) Option 1 with Health Savings Account (HSA)
contribution of $500 (employee
Cigna CDHP Option 2 with HSA
For employees in California:
Kaiser HMO Base Plan Kaiser HMO Buy-Up Plan
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2019 Medical Coverage
Cigna PPO Plan Cigna CDHP Option 1 Cigna CDHP Option 2 Kaiser HMO Base Plan (CA Only) Kaiser HMO Buy-Up Plan (CA Only) In-Network In-Network In-Network In-Network Only In-Network Only Annual Deductible
$500 $1,000 $2,000 $4,000 $3,000 $6,000 $750 $1,500 $250 $500 Annual Out-of- Pocket Maximum
$3,000 $6,000 $3,500 $7,000* $5,000 $10,000* $3,000 $6,000 $3,000 $6,000 Company HSA Contribution
N/A N/A $500 $1,000 N/A N/A N/A N/A N/A N/A
*This out-of-pocket maximum is embedded. With an embedded out-of-pocket maximum, the annual out-of-pocket maximum can be met on an individual basis. This means that once a family member meets his/her individual out-of-pocket maximum, the plan will begin to pay coinsurance for that family member. The individual embedded out-of-pocket maximum is $3,500 for the CDHP Option 1 and $6,850 for the CDHP Option 2.
2019 Medical Coverage – No changes
Advantages of the HSA
Triple-Tax Advantage
Control
money
Investment Opportunities
minimum balance
Savings Potential
Portability
Uses
care related expenses
Prescription Drug Coverage
Cigna Plans
medications—including tobacco cessation drugs—are covered at 100%
available, you will pay the higher brand-name copy plus the difference in cost between the generic and brand-name drug
2019 Dental & Vision Coverage – No Changes
Benefit Core Plan Buy-Up Plan
In-Network In-Network Annual Deductible (single/family) $50/$150 $25/$75 Annual Maximum $1,750 $3,000 Preventive 100% 100% Basic 90% 90% Major 60% 70% Orthodontia 50% 50%
Maximum $1,500 $1,500
Benefit Frequency In-Network
Exam Every 12 months $10 Basic Lenses Every 12 months Included in prescription glasses Frames Every 24 months $150–$170 allowance plus 20% discount on amounts over $160 allowance Contact Lenses (in lieu of glasses) Every 12 months $140 allowance
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Dental Coverage: MetLife Vision Coverage: VSP
Sunrun 401(k) Plan
You are automatically enrolled at a 4% deferral rate on the first of the month following 60 days of service. To take full advantage of the company match, we encourage you to change your contribution to 6%.
To change your contribution level or opt
participant.empower-retirement.com.
first 1% and 50% above 1% up to 6%.
basis
convenient payroll deductions
you retire
Employee Stock Purchase Plan (ESPP)
Open Enrollment Starts 11/1!
Allows you to purchase shares of Sunrun stock at a discount through convenient, after-tax payroll deductions Contribute 1% to 15% of your base pay via payroll deductions Enrollment and Purchase Dates are every six months and occur in May and November
price on the Purchase Date and the price when you enrolled
months Share in Sunrun’s success and invest in your financial future!
Life, AD&D and Disability – No Changes
Benefit Amount Basic Life and AD&D 1x annual base salary up to $250,000 Supplemental Life
$500,000
STD 66.67% of annual base salary up to $2,500 per week LTD 60% of annual base salary up to $10,000 per month
Flexible Spending Program – No Changes
2019 IRS Contribution Limit Healthcare FSA $2,700 Limited-Purpose FSA (CDHP participants only) $2,700 Dependent Care FSA $5,000 (or $2,500 if married and filing separately) Commuter Benefit Account Transit: $260 Parking: $260 Please note: You must use your commuter benefits debit account to pay for transit and parking expenses. You cannot pay out of pocket and be reimbursed.
Other Financial Perks
Tuition reimbursement
Up to $3,000 per calendar year
Fond employee discount program
Discounts of 20–30% on more than 850 products, services and memberships Use “Request A Perk” to get discounts to your favorite places
Enhanced Voluntary Benefits: MetLife
Critical Illness
your medical coverage
upon diagnosis of certain covered conditions
Accident
your medical coverage
treatment you receive
Enhanced Voluntary Benefits: MetLife
Auto & Home
insurance at discounted rates
MetLaw Plan
assistance for you and your family for:
Identity Theft Insurance: LifeLock
Actively monitors for exposure of your personal data
Other Work-Life Balance Benefits
Employee Assistance Program (EAP)
Free and confidential Access to licensed professionals 24/7 for counseling, legal consultations, financial services, referrals and more
Voluntary Pet Insurance (Nationwide)
Save up to 5% on coverage Visit any vet, specialist or emergency provider for wellness services (e.g., exam, vaccines and flea/heartworm preventive medication) Additional coverage available
Leaves of Absence
Administered by Prudential Up to 12 weeks of FMLA Baby Bonding:
All company and state leaves are administered by Prudential.
How to Enroll
Step 1: Go to sunrunbenefits.com Step 2: Click on “Register” if you are a first-time user Step 3: Log in and click on “Start Here” Step 4: Confirm your elections
Open Enrollment: October 29– November 9, 2018 Enroll by November 9 and you’ll be entered into a raffle for the chance to win a gift card!
Questions?
Contact the Benefits Advocate Center at (844) 632-2197 or email champion@hubinternational.com. More details can be found in the 2019 Benefits Guide, available at sunrun.gobenefits.net.
The information in this presentation does not constitute an expressed or implied contract of employment for any specific duration of time or an implied contract concerning terms or conditions of employment. This information is intended only to summarize the Sunrun benefits plans. It is not a Summary Plan Description (SPD) or official plan document. If there is a conflict with the terms of the applicable plan document or if any matter is not discussed, or is only partially discussed, the terms of the plan document will govern in all cases. In the event of a discrepancy between the information provided in this presentation and the official plan documents, the official plan documents will govern. Sunrun reserves the right to amend, modify, suspend, or discontinue these benefits plans at any time.
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