2016 Annual U.S. Benefits Enrollment Bulletin - My Health
Transcription
2016 Annual U.S. Benefits Enrollment Bulletin - My Health
2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Save $500 in your 2016 medical payroll contributions Plus, earn funds in your 2016 MRA for you and your covered spouse/domestic partner. Learn more Learn About Health Care Savings Tips Build Your 2016 MRA KEY CHANGES We're making changes to your benefits for 2016. Be sure to read about them! Get the details now Like this bulletin? Tell us! Consider Your Enrollment Choices Take These Enrollment Actions 1+1= $500 Complete a Wellness Screening & Assessment Use Tools to Choose JP MORGAN CHASE & CO. 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders KNOW YOUR NUMBERS Numbers are a part of life. And we use them to make decisions every day. Did you know numbers are also important when it comes to your health? Knowing your biometric numbers — like your blood pressure, blood sugar, cholesterol and body mass index levels — are important in understanding your health, so you can make decisions to reduce your health risks. JPMorgan Chase understands the importance of knowing your numbers, which is why we encourage you to get both a biometric Wellness Screening and complete an online Wellness Assessment questionnaire each year. The Wellness Screening provides numbers that can help you understand health risks you may have. And you can enter those numbers into your online Wellness Assessment on your health care company's website to develop an action plan to help you get and stay healthy. Because we believe getting a biometric Wellness Screening and completing an online Wellness Assessment are so important in identifying your health risks, you’ll save $500 in 2016 medical payroll contributions and earn $200 for your 2016 Medical Reimbursement Account (MRA) when you complete both activities during 2015. And when your covered spouse/domestic partner completes both these activities during 2015, you’ll save an additional $500 in 2016 medical payroll contributions (up from $250 in 2015) and earn an additional $100 in your 2016 MRA. Make Time to Review Your Benefit Choices Knowing your numbers is also important in making decisions about your medical coverage, and whether to enroll in a Health Care Spending Account or Child/Elder Care Spending Account, Long-Term Disability and/or life insurance coverage. Take time to read this Annual Benefits Enrollment Bulletin and understand your benefit choices. Continued JPMORGAN CHASE | 2 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Know the Numbers JPMorgan Chase Is Investing in Your Health! $425M JPMorgan Chase has deposited over $425 million in employees’ MRAs since 2012. $6M 30% Employees are gaining valuable information about their health. 21% 21% of employees who got a biometric Wellness Screening in previous years discovered a health risk they didn’t even know they had! JPMorgan Chase expects to spend $6 million on 2016 biometric Wellness Screenings. The Medical Plan paid $28 million in claims for preventive care services in 2014. Use of preventive care $28M While an increasing number of employees have been completing biometric Wellness Screenings and online Wellness Assessments, 30% of employees still haven’t. services by employees and their covered dependents continues to exceed marketplace norms. Continued JPMORGAN CHASE | 3 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Your 2016 Medical Reimbursement Account (MRA) and Wellness Activities Complete a Biometric Wellness Screening and an Online Wellness Assessment During 2015 Complete both activities: Because knowing your numbers is so important, you’ll earn $200 in your 2016 Medical Reimbursement Account (MRA) and save $500 in medical payroll contributions in 2016 when you complete both a biometric Wellness Screening and an online Wellness Assessment questionnaire between January 1 and December 31, 2015. Wellness Screening You will save an additional $500 in 2016 medical payroll contributions (up $250 from 2015) if your covered spouse/domestic partner also completes both these activities during 2015. Don’t forget that when your covered spouse/domestic partner completes both these activities during 2015, you’ll also earn an additional $100 in 2016 MRA funds. And you (employee)… Earn $200 Please note: Your 2016 MRA funds will be credited to your account in mid-January. Reminder: If you completed your biometric Wellness Screening at your doctor’s office, make sure you or your doctor submits the Wellness Screening Results Form available on My Health as soon as possible, but no later than January 31, 2016. Note: Employees and/or their covered spouses/domestic partners who become eligible for coverage after October 1, 2015, have from their coverage effective date until December 31, 2016, to complete a Wellness Screening and Wellness Assessment and earn 2016 MRA funds. They will automatically pay the reduced medical payroll contributions for 2016. Important: When you are enrolling in your 2016 benefits, the medical payroll contributions (payroll deductions for Medical Plan coverage) shown on the Benefits Web Center assume you and your covered spouse/ domestic partner have completed both wellness activities during 2015. Wellness Assessment For you Save $500 2016 MRA Funds 2016 Medical Payroll Contributions $100 $500 2016 MRA Funds 2016 Medical Payroll Contributions For your covered spouse/domestic partner Go to Your 2016 MRA Action Plan Continued JPMORGAN CHASE | 4 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Understand How the Biometric Wellness Screening and Online Wellness Assessment Work A biometric Wellness Screening provides overall key indicators of your health and takes about 30 minutes to complete. Screenings provide your blood pressure, blood sugar, cholesterol, triglycerides and body mass index (BMI) numbers. Sign up for your free Wellness Screening appointment today on My Health. The online Wellness Assessment is a simple health and lifestyle questionnaire that takes about 15 minutes to complete. After you complete the online Wellness Assessment, you’ll see a summary of what you’re doing well and opportunities to improve. When you finish taking the online Wellness Assessment, be sure to print the completion page to keep for your records. Blood Pressure Cholesterol BMI Blood Sugar Keep in mind that when you enter your Wellness Screening numbers in your Wellness Assessment, you can get a summary that’s better targeted to you. Find the Wellness Assessment on your health care company’s website through My Health. Together, your Wellness Screening and Wellness Assessment results provide helpful, confidential information about what you’re doing well, recommendations for improving your health, and potential issues to discuss with your doctor. Your Privacy Is Important The privacy of your health information is important to you — and to JPMorgan Chase. You can be sure that your personally identifiable health information is protected and secure, and complies with privacy regulations, such as those outlined in the Health Insurance Portability and Accountability Act (HIPAA). Any personally identifiable health information, including Wellness Screening results and Wellness Assessment answers, is not shared with anyone, including JPMorgan Chase, without your authorization and except as permitted by HIPAA. Plus, while the JPMorgan Chase Health & Wellness Centers are staffed with nurses who are employed by the firm, as medical professionals, they cannot disclose your personal information to anyone outside the centers without your written permission. We’re continually looking to find the right balance to address your needs from a health perspective, as well as your concerns from a privacy perspective. We hope this context eases any concerns about the protection of your personal information. Continued JPMORGAN CHASE | 5 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Track Completion of Your Wellness Screening and Wellness Assessment for 2016 To track the status of completion of your 2016 Wellness Screening and Wellness Assessment on your health care company’s website, go to My Health > My MRA Tracker and take these steps: • Cigna: Once you are on Cigna's site, a 2016 checklist will indicate with green checkmarks what has been done and received by Cigna. • UnitedHealthcare: Once on UnitedHealthcare’s site, you can click track your 2016 screening and assessment status. A box will indicate what has been done and received by UnitedHealthcare. Your covered spouse/domestic partner can access his or her health care company through My Health (myhealth.jpmorganchase.com) or by going to Cigna (mycigna.com) or UnitedHealthcare (myuhc.com) directly. Here are the steps you and your covered spouse/domestic partner can take to track completion of his or her activities: • Cigna: You can verify what your spouse/domestic partner has completed using the steps above or your spouse/domestic partner can call Cigna directly to verify. • UnitedHealthcare: By selecting UnitedHealthcare under My 2015 Medical Plan on My Health, your spouse/domestic partner will be taken to the UnitedHealthcare website. He or she should log in with his or her own username and password. On the landing page, select Health & Wellness. On the "Health & Wellness" page, select Health & Wellness Tools. At the top of the "I Am, I Do, I Get" page, there is a customized message box, which shows the activities that have been completed and received by UnitedHealthcare. It takes approximately two to three weeks for your health care company to receive and process the Wellness Screening results, so be sure to allow time for processing. If You Don’t Enroll in the JPMorgan Chase Medical Plan for 2016 If you choose to not enroll in the JPMorgan Chase Medical Plan, you can still earn up to $600 in 2016 Wellness Rewards (payable in your 2016 pay). Here’s how: • You can earn $200 for completing both the Initial Wellness Activities (biometric Wellness Screening and online Wellness Assessment) during 2015. • Plus, an additional $400 for completing two Additional Wellness Activities during 2016 after completing the Wellness Screening and Wellness Assessment. Keep in mind that your spouse/domestic partner is not eligible to earn Wellness Rewards. Continued JPMORGAN CHASE | 6 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Take Advantage of JPMorgan Chase Onsite Health & Wellness Centers At the onsite JPMorgan Chase Health & Wellness Centers, you have access to basic medical services and educational resources — at no cost to you. The centers provide medical care, treatment and resources when you need them at work to supplement the care and direction you get from your own doctor. Onsite nurses are available to act as advisors and help you connect with your health care company’s coaching programs. Doctors are also available at many locations to provide onsite care when you need it. Please note: Some Health & Wellness Centers offer additional services that may result in a cost, such as bloodwork ordered by your primary care physician that is sent to a lab for processing, physician specialists and physical therapists who are offering services onsite for your convenience. For these services, a claim will be submitted to your insurance company, and costs will be covered according to your Medical Plan. Sign up for your free Wellness Screening appointment at an onsite event or JPMorgan Chase Health & Wellness Center today on My Health. Earn MRA Funds for Completing Additional Wellness Activities In addition to the $200 MRA funds for completing both a Wellness Screening and Wellness Assessment in 2015, you’ll have the opportunity to earn up to $800 more when you complete Additional Wellness Activities during 2016, for a total of $1,000 in 2016 MRA funds. Plus, if you cover a spouse/domestic partner, you earn $100 when your covered spouse/domestic partner completes both a Wellness Screening and Wellness Assessment in 2015, and up to $300 more when your covered spouse/domestic partner completes Additional Wellness Activities in 2016 (total of $400). So if you and your covered spouse/domestic partner complete the Initial Wellness Activities and the Additional Wellness Activities, you could earn $1,400 in 2016 MRA funds! Free flu shots are also available this fall. For your convenience, flu shots can be scheduled and given at the same time you make your Wellness Screening appointment. Remember that if you don’t enroll in a JPMorgan Chase Medical Plan option for 2016, you’ll still be able to earn up to $600 in 2016 Wellness Rewards (payable in your 2016 pay) when you complete both a Wellness Screening and Wellness Assessment in 2015, as well as two Additional Wellness Activities in 2016. Learn more and sign up on My Health. Please note: Getting a flu shot is not an eligible activity to earn MRA funds. Learn more about the Additional Wellness Activities you can complete during 2016 in the Your 2016 MRA Funding at a Glance chart. Get Your Flu Shot and Stay Healthy Continued JPMORGAN CHASE | 7 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What What's 's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Key Changes Medical and Prescription Drug Plan Design Changes JPMorgan Chase is making changes to our medical and prescription drug plan deductibles and out-of-pocket maximums. While the deductibles and out-of-pocket maximums have remained mostly unchanged since 2012, medical costs continue to increase, and the changes reflect these adjustments. The in-network deductibles and out-of-pocket coinsurance maximums under the Medical Plan options will increase. The out-of-network deductibles will increase for Medical Plan Options 1 and 2. The out-of-network coinsurance maximum under Medical Plan Option 1 will increase to match the coinsurance maximum under Option 2. The retail prescription brand-name drug deductible will increase. The prescription drug out-of-pocket maximum will decrease. Go In-Network and Save We’re increasing deductibles and coinsurance maximums for out-of-network medical care due to rising medical costs and because an increasing number of employees are selecting out-of-network providers and services, which cost more for all employees and JPMorgan Chase. Selecting in-network providers and services is more cost-effective. Here are some resources to help you better understand what out-of-network means and how to find an in-network provider: • What You Need to Know and Do for Out-Of-Network Care Tip Sheet on My Health. • In addition to web tools, such as Doctor Search (My Health > My 2015 Health Benefits) to identify quality and cost-effective providers, employees and covered dependents can also call their health care company (Cigna/UnitedHealthcare) or Health Advocate. Understand Your 2016 Benefits Sign up for the October 13 Teleconference Sign up for a teleconference to learn more about the 2016 benefits changes, ways to earn 2016 MRA funds, enrollment decisions you need to make and the tools and resources available to help you. Visit My Health for more information and to register for “Making the Most of Your Benefits: 2016 Annual Benefits Enrollment.” A replay of the session will be available on My Health if you cannot make the call, as well as posted on the My Health site for your covered spouse/domestic partner (myhealth.jpmorganchase.com). Continued JPMORGAN CHASE | 8 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What What's 's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Medical Plan Changes 2015 2015 Employee Employee + Spouse/DP or Child(ren) Employee + Spouse/DP + Child(ren) Employee Employee + Spouse/DP or Child(ren) Employee + Spouse/DP + Child(ren) $1,500 $2,250 $3,000 $1,750 $2,625 $3,500 $750 $1,125 $1,500 $1,000 $1,500 $2,000 $60,000 – $149,999 $1,250 $1,875 $2,500 $1,500 $2,250 $3,000 $150,000+ $2,000 $3,000 $4,000 $2,250 $3,375 $4,500 $2,500 $3,750 $5,000 $2,750 $4,125 $5,500 <$60,000 $4,000 $6,000 $8,000 $6,000 $8,000 $12,000 $60,000 – $149,999 $4,000 $6,000 $8,000 $6,000 $8,000 $12,000 $150,000+ $4,000 $6,000 $8,000 $6,000 $8,000 $12,000 Option 1 Plan Provisions In-Network Deductible 2015 2016 2016 2016 In-Network Coinsurance Maximum* Total Annual Cash Compensation <$60,000 Out-of-Network Deductible Out-of-Network Coinsurance Maximum* Total Annual Cash Compensation *Does not include deductible Continued JPMORGAN CHASE | 9 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's What's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Medical Plan Changes 2015 2015 2015 2016 2016 2016 Employee Employee + Spouse/DP or Child(ren) Employee + Spouse/DP + Child(ren) Employee Employee + Spouse/DP or Child(ren) Employee + Spouse/DP + Child(ren) $2,500 $3,750 $5,000 $2,750 $4,125 $5,500 <$60,000 $2,500 $3,750 $5,000 $2,750 $4,125 $5,500 $60,000 – $149,999 $3,050 $4,575 $6,100 $3,050 $4,575 $6,100 $150,000+ $3,050 $4,575 $6,100 $3,050 $4,575 $6,100 $4,500 $6,750 $9,000 $4,750 $7,125 $9,500 <$60,000 $6,000 $8,000 $12,000 $6,000 $8,000 $12,000 $60,000 – $149,999 $6,000 $8,000 $12,000 $6,000 $8,000 $12,000 $150,000+ $6,000 $8,000 $12,000 $6,000 $8,000 $12,000 Option 2 Plan Provisions In-Network Deductible In-Network Coinsurance Maximum* Total Annual Cash Compensation Out-of-Network Deductible Out-of-Network Coinsurance Maximum* Total Annual Cash Compensation *Does not include deductible Use the Tools to Help You Decide Use tools like DecisionDirect™ on the Benefits Web Center to help you decide the best Medical Plan option for you for 2016, based on your needs and preferences. Continued JPMORGAN CHASE | 10 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What What's 's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Prescription Drug Plan Changes The Prescription Drug Plan deductibles will increase, while the prescription drug out-of-pocket maximums will decrease. 2015 Plan Provisions 2015 2015 2016 2016 2016 Employee Employee + Spouse/DP or Child(ren) Employee + Spouse/DP + Child(ren) Employee Employee + Spouse/DP or Child(ren) Employee + Spouse/DP + Child(ren) Retail Prescription Brand-Name Drug Deductible $50 $100 $150 $100 $200 $300 Prescription Drug Out-of-Pocket Maximum* $1,000 $1,475 $1,950 $950 $1,400 $1,800 *Does not include deductible A mandatory generic drug program will be implemented, and some drugs will be excluded from the CVS/caremark drug lists. Plan Provisions 2015 2016 Mandatory Generic Drug Program N/A • Use generic drugs when available or pay the entire cost difference between the brand-name drug and generic drug, plus the generic copay. • Per prescription maximum and annual out-of-pocket maximum limits do not apply. Excluded Drugs • About 100 drug/drug supplies excluded. • Only available at full cost. • About 130 drug/drug supplies plus about 40 Specialty Drugs will no longer be covered. • The drugs will only be available at full cost. Continued JPMORGAN CHASE | 11 2016 Annual Benefits Enrollment BULLETIN Home U.S. Enrollment: October 6–23, 2015 MRA/Wellness What's What's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Note These Important Definitions : Deductible Annual dollar amount you must pay before the Medical Plan begins to pay for certain services covered under the plan. For prescription drugs, it’s the annual dollar amount you must pay for brand-name prescription drugs before the plan begins to pay for brand-name retail prescription drugs under the plan. Please note: In-network preventive and primary care are not subject to and do not apply to the deductible. In addition, prescription drugs do not apply to the Medical Plan deductible. Coinsurance Portion of eligible medical expenses that you are responsible for paying, generally after your deductible is met. Annual Coinsurance/ Out-of-Pocket Maximum Most you will pay for covered expenses before the plan pays 100% of covered health expenses for the remainder of the year. There are separate coinsurance maximums for in-network and out-of-network charges and a separate out-of-pocket maximum for prescription drugs. Does not include amounts above Reasonable and Customary (R&C) for out-of-network coverage or non-covered expenses. Continued JPMORGAN CHASE | 12 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's What's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Prescription Drug Changes To encourage employees to be better consumers of health care, we are making the following changes to prescription drug coverage in addition to the changes to the prescription drug deductibles and out-of-pocket maximums mentioned earlier. If any of these changes impact you, you and your doctor will be notified by CVS/caremark, and your doctor will be able to speak with CVS/caremark’s specialized team about your options. A mandatory generic drug program will be implemented. Generic drugs will be substituted for all brand-name prescription drugs with a direct generic equivalent. If you choose to fill your prescription with a brand-name drug when a generic alternative is available, you will pay the entire cost difference plus the generic drug copay. Please note: These cost differences will not be limited by per prescription maximums or annual out-of-pocket maximum limits. You can review cost differences by visiting the CVS/caremark website through My Health. Learn More Look under “Important Messages” on the CVS/caremark website for instructions on how to learn more about your 2016 Prescription Drug plan design and costs. You can access the CVS/caremark website through My Health > My prescription drug plan. CVS/caremark excluded drug lists (Specialty and Non-Specialty) • In 2015, we adopted CVS/caremark’s standard drug list and excluded approximately 100 drugs. This list is subject to change annually by CVS/caremark and for 2016, an additional 30 drugs will no longer be covered. You can look at this list on the Caremark website. • In 2016, we are also adopting CVS/caremark’s Specialty drug list of covered and excluded drugs and approximately 40 specialty drugs will no longer be covered. This list is subject to change quarterly by CVS/caremark. You can review the list at any time on the Caremark website. • An independent committee made up of pharmacists, physicians and medical ethicists reviews and approves the drug lists (also known as a Formulary). In addition, non-sedating antihistamines, such as Clarinex and Allegra, are not on the excluded list but are also not covered under the plan. Please note: Your physician can contact CVS/caremark to seek medical exception approval for specific clinical reasons. Important: If you choose to take a non-covered drug, you will pay the full cost of the drug. Continued JPMORGAN CHASE | 13 2016 Annual Benefits Enrollment BULLETIN Home U.S. Enrollment: October 6–23, 2015 MRA/Wellness What's What's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Medical Payroll Contribution Changes As the cost of medical coverage continues to rise each year, JPMorgan Chase absorbs most of the cost increase. However, employees also share some of that cost increase. As a result, employee medical payroll contributions will increase moderately for 2016. Just as the cost of medical coverage continues to increase each year for employee coverage, the same holds true for spouse/domestic partner coverage. However, spouses/domestic partners who are covered under the JPMorgan Chase Medical Plan have medical claim costs that are on average 28% more than employees’ medical claim costs. As a result, medical payroll contributions for covering a spouse/domestic partner will increase more substantially for 2016. Please note: Contributions for spouse/domestic partner coverage will also increase in 2017 as part of a three-year plan to adjust pricing to recognize the increased costs associated with this population. Be sure to consider all alternatives available to you for covering your spouse/ domestic partner, such as his or her employer’s medical coverage. Understand Your Share of the Cost of Medical Coverage Overall, the firm pays about 75% of plan costs, and employees on average pay the other 25% through payroll contributions (those who have higher levels of compensation pay more than 25% for medical coverage and lower-paid employees pay less than 25%). Important: When you are enrolling in your 2016 benefits, the medical payroll contributions (payroll deductions for Medical Plan coverage) shown on the Benefits Web Center assume you and your covered spouse/domestic partner have completed both a Wellness Screening and Wellness Assessment during 2015. Note: Employees and/or their covered spouses/domestic partners who become eligible for coverage after October 1, 2015, have from their coverage effective date until December 31, 2016, to complete a Wellness Screening and Wellness Assessment and earn 2016 MRA funds. They will automatically pay the reduced medical payroll contributions for 2016. Continued JPMORGAN CHASE | 14 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What What's 's Changing Changing Choices & Actions Savings Tips Tools to Choose Benefits Reminders Increased Rates for Tobacco Usage If you identify yourself as a tobacco user for 2016, your medical tobacco user surcharge will increase from $60 to $80 per month — total $960 per year — each for you and your covered spouse/domestic partner if he or she is also a tobacco user. Details about Higher Rates for Tobacco Users All U.S. benefits-eligible employees (and their covered spouses/ domestic partners, where applicable) who use tobacco will pay higher rates under these JPMorgan Chase benefits plans next year: • Medical (employee and spouse/domestic partner coverage) • Supplemental term life insurance (employee and spouse/ domestic partner coverage) • Long-term disability (employee coverage) You can qualify for lower rates in these plans in 2016, while kicking the habit, by successfully completing an approved Tobacco Cessation Program by December 1, 2015. This four-week program must be started no later than November 2, 2015. Under the JPMorgan Chase U.S. Benefits Program, a “tobacco user” (for a plan year) is any person who has used any type of tobacco product (e.g., cigarettes, cigars, chewing tobacco, snuff or a pipe), regardless of the frequency or location (this includes daily, occasionally, socially, at home only), in the 12 months preceding January 1, 2016. Be sure to update your and/or your covered spouse’s/domestic partner’s non-tobacco/tobacco user status on the Benefits Web Center during Annual Benefits Enrollment, as needed. Please note: If you become eligible for coverage after October 1, 2015, you will be assigned non-tobacco user rates for 2016 for your and your covered spouse’s/domestic partner’s coverage even if you declare yourself and/or your covered spouse/domestic partner a tobacco user, because you and/or your covered spouse/domestic partner may not have had an opportunity to complete a Tobacco Cessation Program to qualify for the lower non-tobacco user rates. Continued JPMORGAN CHASE | 15 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's 's Changing Changing What Choices & Actions Savings Tips Tools to Choose Benefits Reminders Dental Plan Changes Child Supplemental Term Life Insurance We’re making these two changes to the dental plan: As long as you are covered under the Basic Life Insurance Plan, you can now elect child supplemental term life insurance. You or your spouse/ domestic partner do not have to be covered under the Supplemental Term Life Insurance Plan to elect coverage for your child(ren). • Cigna Dental Health Maintenance Organization (DHMO) participants will move to a coinsurance plan paying a percentage of the costs similar to the MetLife and Aetna dental plan options. For any questions, call Cigna at 1-800-790-3086. Please note: The value of the plan will remain approximately the same. • Dental implants will be covered under the Cigna and Aetna DHMOs to be consistent with coverage under the MetLife Preferred Dentist Program (PDP). Compare Your Dental Plan Options Review the dental plan comparison charts on the Benefits Web Center to compare your options, so you can make the best choice for 2016. Go to My Health > Enroll now. Continued JPMORGAN CHASE | 16 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Actions Choices Savings Tips Tools to Choose Benefits Reminders Consider Your Enrollment Choices Choices to Make Before You Enroll in Benefits Medical Options Review your current Medical Plan option (Option 1 or Option 2) to be sure it continues to be the right coverage for you and your family. Learn more about your Medical Plan options by reviewing the 2016 Medical Plan Overview and Tip Sheets on My Health. Decide if you want to cover your spouse/domestic partner or have him or her explore alternative medical coverage (e.g., through his or her employer). Medical payroll contributions will continue to rise for spouses/ domestic partners in 2016. Decide whether your health care company (Cigna or UnitedHealthcare) is still the right fit for you. Check out the tools, resources and wellness programs each health care company offers, and whether your doctors are in its network. You can access the health care company websites via My Health > 2016 Benefits Resources. Get Your Benefits Decisions Checklist Print an easy-to-read checklist that you can have handy as you make your 2016 benefits decisions. Printable Checklist Important Note About Your MRA Funds if You Change Your Health Care Company If you decide to change your health care company for 2016 (from Cigna to UnitedHealthcare or vice versa) you’ll also change the company that administers your MRA and Health Care Spending Account (HCSA). It’s important to note that there will be a delay in transferring your 2015 unused MRA funds to your 2016 MRA at your new health care company. This delay is designed to allow your 2015 health care company access to 2015 funds in your MRA to pay any late-year 2015 medical and prescription drug claims that are processed in the first four months of 2016. If this causes you a financial concern, contact your 2016 health care company, which can work to move those funds faster. You’ll continue to access your 2015 HCSA funds through your 2015 health care company for claims related to dates of service in 2015 until they are exhausted or March 31, 2016 (the 2015 HCSA claims filing deadline). Any 2015 HCSA balance up to $500 will automatically transfer to your new health care company at the same time your unused MRA funds do. Continued JPMORGAN CHASE | 17 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices Choices & Actions Actions Savings Tips Tools to Choose Benefits Reminders Choices to Make Before You Enroll in Benefits (continued) Paying for Health Care Review the way you pay for health care through your MRA and/or Health Care Spending Account (HCSA) — through automatic claim payment or a debit card — to determine if it’s still the best approach for you. If you are using a manufacturer’s coupon for your prescription drugs, you should consider selecting the debit card. For additional information, see the Helping You Choose: Automatic Claim Payment vs. Debit Card Tip Sheet on My Health for details. Decide if you want to contribute to the Health Care Spending Account (HCSA) for 2016. Be sure you don’t contribute more than you need to cover eligible out-of-pocket medical, prescription drug, dental and vision expenses incurred in 2016. • Health Care Spending Account (HCSA) claims must be incurred by December 31 of each year. After 2015 claims are processed, any money over $500 for 2015 that’s left in your account on March 31, 2016, the claims filing deadline, will be forfeited, according to Internal Revenue Service (IRS) regulations. • Plan carefully because any MRA funds that are remaining in your account from prior years will carry over to next year along with any MRA funds you may earn for 2016 by completing wellness activities. MRA funds are used first to pay for eligible out-of-pocket medical and prescription drug expenses before you can use the funds in your HCSA. Please note: The maximum amount you can contribute to your HCSA in 2016 is $2,550. If you want to enroll in the HCSA for 2016, you must make an election — your current election will not carry over to 2016. You can enroll in the HCSA even if you are not enrolled in the JPMorgan Chase Medical Plan. • Only HCSA funds are used for dental and vision expenses; these types of expenses cannot be paid from your MRA. • Remember: Up to $500 in unused funds in your 2015 Health Care Spending Account will automatically carry over to 2016. • Use the MRA Value Estimator tool to see how much you may be able to accumulate in your MRA. Then use the Health Care Spending Account Estimator to help you plan your contributions to the HCSA for 2016. This tool will allow you to add your anticipated carryover funds to help you determine your 2016 election. Both estimator tools are available on the Benefits Web Center, which you can access through My Health > Enroll now. Don’t Forget About MRA and HCSA Carryover Funds When Planning Your New HCSA Election Remember: Any unused funds from your 2015 MRA will carry over into your 2016 MRA. And up to $500 in unused funds in your 2015 HCSA will carry over into your 2016 HCSA. Continued JPMORGAN CHASE | 18 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices Choices & Actions Actions Savings Tips Tools to Choose Benefits Reminders Choices to Make Before You Enroll in Benefits (continued) Long-Term Disability Consider Long-Term Disability (LTD) coverage. If you become disabled, you may be eligible for Short-Term Disability benefits or for unpaid short-term disability leave for up to 26 weeks (including the one-week waiting period). If your disability continues beyond 26 weeks, LTD coverage can provide you with valuable income protection you may need for you and your family. LTD coverage also allows you to continue your JPMorgan Chase Medical Plan and certain other benefits coverage for up to 24 months after your LTD benefits effective date. When you receive LTD benefits, you can also continue participation in the Retirement Plan. So consider LTD coverage during Annual Benefits Enrollment to ensure you have some financial protection if you become ill or injured and cannot work. Did You Know? Just over one in four of today’s 20 year-olds will become disabled before he or she retires. In addition, accidents are not usually the cause of a long-term disability — back injuries, cancer, heart disease and other illnesses are usually the reasons for most long-term absences. Do you have enough money saved to last 34.6 months, which is the average length of a long-term disability claim?† Now is the time to enroll for coverage under the LTD Plan and have peace of mind knowing that you have some financial security in case you become disabled. † Decide if you want additional LTD coverage. Generally, if your Total Annual Cash Compensation is more than $400,000, your group LTD coverage may provide limited protection. As a result, you can purchase additional LTD coverage through a fully portable Individual Disability Insurance (IDI) policy (issued by Unum) that would provide an additional maximum monthly disability benefit of up to $15,000. If you are newly eligible for coverage (or previously waived coverage), you will receive a separate IDI benefit election package in the coming weeks. No evidence of insurability (EOI) is required this year for employees newly eligible for this benefit or for those who previously waived coverage. You may contact Covala Group, our IDI benefit administrative service provider, at 1-800-235-3551 (or 1-212-527-8025) to enroll. Source: Council for Disability Awareness, 2015 A Word About LTD Coverage Consider Individual Disability Insurance (IDI) JPMorgan Chase pays for LTD coverage for benefits-eligible employees earning less than $60,000 in Total Annual Cash Compensation. Keep in mind that if your 2015 Total Annual Cash Compensation was less than $60,000 and increased to $60,000 or more for 2016 (determined as of August 1, 2015), you will need to contribute to the 2016 LTD Plan. If your 2015 Total Annual Cash Compensation was $60,000 or more and fell to below $60,000 for 2016, you’ll be eligible for company-paid LTD for 2016. Because EOI is not required for IDI coverage this year, if you are newly eligible for coverage or previously waived coverage, you may want to consider enrolling in the plan if you are eligible for 2016. Continued JPMORGAN CHASE | 19 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices Choices & Actions Actions Savings Tips Tools to Choose Benefits Reminders Choices to Make Before You Enroll in Benefits (continued) Other Benefits Decide if you want to participate in the Child/Elder Care Spending Account. Your current election will not carry over to 2016 due to IRS regulations. Under the Child/Elder Care Spending Account, you set aside before-tax money to pay for eligible day care expenses for eligible dependents. You can contribute between $240 and $5,000 to your Child/Elder Care Spending Account for 2016. (IRS limits may apply for certain highly compensated employees. In 2016, you will be considered a “highly compensated employee” if your 2015 W-2 compensation is $120,000 or more. The maximum 2015 contribution amount for highly compensated employees was limited to $2,500. You will be notified in 2016 if you are affected by these limits for 2016.) Remember: If you want to enroll in the Child/Elder Care Spending Account for 2016, you must make an election. Decide if you have the right amount of life insurance coverage. Did you know that 70 million households in the United States have a life insurance gap, that is, the amount of life insurance they need is greater than the coverage they have?* Review your coverage level to be sure you have enough life insurance to protect your family financially if you die. You can use the Life Insurance Estimator on the Benefits Web Center to determine how much coverage you need. You may also want to elect Accidental Death and Dismemberment (AD&D) Insurance, but remember that AD&D coverage pays the full amount of your coverage to your beneficiary only if you die as a result of an accident. *Source: LIMRA's Insights Blog, April 2013 Review your current dental coverage to be sure it’s still right for you, especially with the changes to the dental plan for 2016. Changes include the move to coinsurance for the Cigna DHMO, and dental implants will be covered under the Cigna and Aetna DHMOs. Check your Group Personal Excess Liability (GPEXL) Plan coverage amount to make sure you have the coverage you need and to be prepared for any gap in coverage that you may be responsible for. The JPMorgan Chase GPEXL Plan provides eligible employees with additional liability insurance protection beyond what’s covered by underlying insurance (such as homeowners, renters, etc.) Decide if you want to elect child supplemental term life insurance if you have basic life insurance. You no longer have to elect supplemental life insurance for yourself or a spouse/domestic partner to elect coverage for your children. Continued JPMORGAN CHASE | 20 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Actions Choices & Actions Choices Savings Tips Tools to Choose Benefits Reminders Choices to Make Before You Enroll in Benefits (continued) Other Benefits (continued) Take a look at your other benefits — including Vision and Group Legal Services — to be sure they still meet your needs. If you’re happy with your current elections, you don’t need to do a thing, because they will automatically carry over, but it’s always good to revisit them once a year, especially because they can provide valuable coverage for you. Check the Dependent Eligibility Requirements to be sure the dependents you are covering continue to be eligible. For example, if you are now divorced or legally separated from your spouse, you must remove him or her from your coverage even if a court order requires you to pay for his or her coverage. Please note: You are required to provide documentation when you add a new dependent to coverage. To find more details about dependent eligibility requirements, go to My Health > 2016 Benefits Resources. Be Sure Your Dependents’ Information Is Correct If you cover dependents under your JPMorgan Chase plans, be sure their names, addresses and Social Security numbers are up to date. This information is important for us to have and is required by the Affordable Care Act. Continued JPMORGAN CHASE | 21 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices Choices & Actions Actions Savings Tips Tools to Choose Benefits Reminders Decide if You Want to Participate in the Employee Stock Purchase Plan As an eligible JPMorgan Chase employee, you can elect to participate in the Employee Stock Purchase Plan (ESPP). If you are a U.S. benefits-eligible employee hired on or before September 30, 2015, you are eligible to enroll in the plan for 2016 during Annual Benefits Enrollment if your Total Annual Cash Compensation is less than $250,000. If you don’t enroll for 2016, your next opportunity to participate will be in 2017. Be sure you view your current election during Annual Benefits Enrollment and validate your payroll deduction in January following the start of the new offering period. Contact the accessHR Benefits Contact Center if you have any questions. Summary of Plan Features Payroll deductions Contributions are deducted on an after-tax basis from each paycheck based on your election of up to 20% of your eligible compensation per pay period. In addition, contributions (including reinvested dividends) are subject to a legal annual maximum share purchase of $25,000 divided by the fair market value of JPMorgan Chase common stock on the first trading day of the year. Purchase dates Stock purchases take place on the last day of March, June, September and December on which trading in JPMorgan Chase common stock is conducted on the New York Stock Exchange. 5% Discount and no broker fees Your payroll deductions are used to purchase JPMorgan Chase common stock at a 5% discount without brokerage commissions or fees. Dividends Active employees participating in the plan have the option to have dividends reinvested in the plan at the 5% discounted rate or paid in cash. New participants will automatically have their dividends reinvested. Understand the risks Participation in the ESPP is optional and does carry risk, including potential loss of your investment due to market fluctuations. You decide whether or not to participate in the plan and the level of your participation. Before you elect to participate, carefully read the Employee Stock Purchase Plan Prospectus (me@jpmc > Benefits & Rewards > Employee Stock Purchase > Tools & Resources) for additional information on the rewards and risks of participation. Once enrolled You can change the amount of your payroll deduction at any time; however, if you change your deduction amount to zero, it cannot be increased until you make an enrollment election during a subsequent annual enrollment. Preclearance If you are subject to the Personal Account Dealing Policy, you are required to preclear prior to enrolling, electing dividend reinvestment or changing contribution amounts in the Employee Stock Purchase Plan. This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933. Continued JPMORGAN CHASE | 22 2016 Annual Benefits Enrollment BULLETIN Home U.S. Enrollment: October 6–23, 2015 MRA/Wellness What's ' Changing Choices Choices & Actions Actions Savings Tips Tools to Choose Benefits Reminders Complete a Biometric Wellness Screening and Online Wellness Assessment Get a biometric Wellness Screening and complete an online Wellness Assessment questionnaire between January 1 and December 31, 2015 to earn $200 in your 2016 MRA and save $500 in medical payroll contributions in 2016. If your covered spouse/domestic partner completes both activities during 2015, you will earn another $100 in your MRA and save an additional $500 in medical payroll contributions in 2016. Please note: Your 2016 MRA funds will be credited to your account in mid-January. Get a free Wellness Screening at onsite events, available at more than 100 locations or JPMorgan Chase Health & Wellness Centers (employees only), through a participating lab (Quest Diagnostics or LabCorp), by visiting your in-network doctor, or by going to a participating Walgreens Healthcare Clinic, Duane Reade “DR Walk-In Medical Care” Clinic, or CVS Minute Clinic®. MRA Funds Wellness Screening Wellness Assessment Savings in Medical Payroll Contributions Complete an online Wellness Assessment on your health care company’s website through My Health. When you finish taking the online Wellness Assessment, be sure to print the completion page for your records. If You Don’t Enroll in a JPMorgan Chase Medical Plan for 2016 … you can still earn Wellness Rewards; however, you will not be able to earn funds when your spouse/domestic partner completes these activities. 2016 Wellness Rewards will be reflected in your pay beginning in 2016. Continued JPMORGAN CHASE | 23 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Actions Choices Savings Tips Tools to Choose Benefits Reminders Actions to Take During Benefits Enrollment (October 6 – 23) Enroll for your 2016 benefits between October 6 and October 23, 2015. Go to My Health and click “Enroll now” to make your 2016 elections, or use the online tools on the Benefits Web Center. If you don’t take action, your current election will automatically carry over with 2016 rates except the Health Care Spending Account and Child/Elder Care Spending Account, which you must enroll in each year. When enrolling in the Medical Plan, choose whether to: • Enroll in Option 1 or 2. You can compare costs and plan details under each Medical Plan option. • Enroll in Cigna or UnitedHealthcare as your health care company. You can also search for doctors in the health care companies’ networks. • Cover your spouse/domestic partner and other eligible dependents under the plan. • Pay for eligible out-of-pocket medical and prescription drug costs from your MRA via automatic claim payment or debit card. Choose whether you want to enroll in a Health Care Spending Account or Child/Elder Care Spending Account. You can estimate how much you should contribute to your account(s) based on your needs. Keep in mind that if you’re currently enrolled in a Health Care Spending Account or Child/Elder Care Spending Account, your current election will not carry over to 2016. Check Out the New Benefits Web Center! The new Benefits Web Center makes it easier to find the information you need. The site anticipates what you need based on your profile, then presents it to you on a streamlined home page that works just as well on your smartphone or tablet as it does on your laptop. Choose whether you want to enroll in or change your current coverage under these plans: Dental, Vision, Long-Term Disability, Life and Accident Insurance, Group Legal Services, Group Personal Excess Liability Insurance or the Employee Stock Purchase Plan. Important note: The cost for medical coverage reflected on the “Enroll in Your Benefits Page” on the Benefits Web Center assumes you have completed your Wellness Screening and Wellness Assessment between January 1 and December 31, 2015. Continued JPMORGAN CHASE | 24 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices Choices & Actions Actions Savings Tips Tools to Choose Benefits Reminders Actions to Take During Benefits Enrollment (October 6 – 23) (continued) Consider the Transportation Spending Accounts. You can start, stop or change participation in the Transportation Spending Accounts at any time on a monthly basis. These accounts can be used to pay for eligible transit/ vanpool and parking expenses related to commuting to and from work, thereby saving you money. Learn more about Transportation Spending Accounts on My Rewards: • From work: My Rewards via me@jpmc • From home: myrewards.jpmorganchase.com Don't forget to update your beneficiary(ies). The Online Beneficiary Designation site provides a convenient way to review and update all of your beneficiary information for your Life and Accident Insurance Plan benefits, as well as your JPMorgan Chase 401(k) Savings Plan and JPMorgan Chase Retirement Plan benefits. You can access the site: • From work: me@jpmc > Benefits & Rewards > View or Update Beneficiaries • From home: beneficiary.jpmorganchase.com Confirm your coverage, if you make new elections for 2016: • Online through the Benefits Web Center, you’ll need to “Confirm” your choices to complete your enrollment. You’ll know that your elections have been saved when you see the “Completed Successfully” screen. Please print a copy of this screen, review it for accuracy, and retain it for your records. This will serve as your confirmation of your 2016 benefits elections. You will not receive a paper confirmation statement in the mail. • By calling the accessHR Benefits Contact Center, a confirmation of your 2016 benefits elections will be mailed to your home address. Please review it promptly once received. Need More Time to Make Enrollment Decisions? If your spouse’s/domestic partner’s enrollment period is later than JPMorgan Chase’s, you can contact the accessHR Benefits Contact Center for assistance at 1-877-JPMChase (1-877-576-2427) or 1-212-552-5100 if calling from outside the U.S. Representatives are available Monday through Friday, from 8 a.m. to 7 p.m. Eastern Time, except certain U.S. holidays. • If there are any errors in your 2016 coverage elections, after you review your confirmation, contact the accessHR Benefits Contact Center immediately. • Have questions? Contact the accessHR Benefits Contact Center for details. Continued JPMORGAN CHASE | 25 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices Choices & Actions Actions Savings Tips Tools to Choose Benefits Reminders Actions to Take During Benefits Enrollment (October 6 – 23) (continued) If You Don’t Take Action If you don’t enroll or make changes to your current coverage, in general, you’ll automatically be enrolled in your current benefits coverage — including the same Medical Plan option (at 2016 rates and coverage) and the same health care company you have today, along with the same way you have expenses paid by your Medical Reimbursement Account and/or Health Care Spending Account (HCSA) through automatic claim payment or debit card. However, you’ll need to enroll for the HCSA and Child/Elder Care Spending Account if you want to contribute in 2016. The information shown on the “Enroll in Your Benefits” screen on the Benefits Web Center will serve as confirmation of your 2016 benefits elections — be sure to print it out and save it for your records. Continued JPMORGAN CHASE | 26 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Savings Tips Tips Tools to Choose Benefits Reminders Health Care Savings Tips Beginning January 1, 2016 Get the Most Out of Your Medical Plan All Year Long By being a wise consumer of health care, you can select quality providers and save money on your health care throughout the year. • Start the year with a Personal Action Call to your health care company for tips on activities you can do to be healthy and earn MRA funds. • Complete the “Choosing Care Wisely” module on your health care company’s website for tips on being a better consumer of health care, and earn MRA funds at the same time. Complete Additional Wellness Activities Complete Additional Wellness Activities between January 1 and December 31, 2016, and earn more MRA funds (after completing your Initial Wellness Activities). Learn more about the Additional Wellness Activities you can complete in the Your 2016 MRA Funding at a Glance chart. • Create a relationship with a primary care physician (PCP). Your PCP knows your health history, so when you have a health issue, your PCP can make better decisions about your treatment because he or she knows you. And don’t forget that an in-network doctor’s office visit is covered 90% with no deductible to meet. • Receive care from in-network doctors. You’ll pay rates that have been negotiated between your doctor and health care company, which are on average 50% lower than the rates you pay when you receive care from doctors outside the network. Plus, you receive a higher level of benefits. Check if your doctor is in your health care company’s network by going to My Health to access Cigna’s or UnitedHealthcare’s website. • Take advantage of preventive care, which is covered 100% when you go to an in-network provider. By receiving preventive care, you can detect a health condition early on and begin treating it — and earn MRA funds at the same time. • Shop for affordable health care services by using the cost estimator tools on your health care company’s website. For example, if you need an MRI, you can compare the cost of an MRI at different facilities and choose the most affordable option. Or you can call your health care company to locate the highest-quality/lowest-cost provider for your procedure or service. Check out the new Save on Medical Costs Tip Sheet at My Health > 2016 Benefits Resources. Continued JPMORGAN CHASE | 27 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Savings Tips Tips Tools to Choose Benefits Reminders Beginning January 1, 2016 (continued) • Ask your doctor where he or she plans to perform a procedure and whether there may be a less-expensive alternative. You can also research in-network facilities on your health care company’s website using the cost comparison tool. • Consider one or more treatment options. Call your health care company to discuss alternatives, get help with second opinions and finding appropriate doctors. • Follow through on your doctor’s prescribed course of treatment, which can lead to better medical outcomes. That includes taking prescribed medications. • Use generic prescription drugs. Generic prescription drugs cost less and have the same effectiveness as brand-name drugs. In addition, generic preventive prescription drugs are covered at 100%. Go to CVS/caremark’s website through My Health. Click “My prescription drug plan” to see if there is a generic option available for any of your current drug therapies. • Consider going to an urgent care facility or convenience care clinic rather than the emergency room. When you go to an urgent care facility or convenience care clinic, you pay a lot less than the hefty fee you pay when you go to an emergency room for a non-life-threatening injury or illness like a sprain or the flu. • Ask questions before you make an appointment. Call your health care company’s free Nurseline to speak to a registered nurse about your symptoms to be sure you choose the appropriate doctor to visit. Then create a list of questions to take to your doctor’s appointment to make sure you get the most out of your visit — the nurse may be able to help you with that too. Your health care company’s Nurseline is available 24 hours a day, seven days a week. • Explore stand-alone high-technology radiology providers, because they may be less expensive than hospital-based providers. This type of radiology provider is used for X-rays, MRIs, etc. • Use in-network nationally affiliated labs (such as LabCorp and Quest) instead of independent labs when you need lab work. They’ll generally cost less. Check if the lab is in your health care company’s network by going to My Health to access Cigna’s or UnitedHealthcare’s website. For example, LabCorp and Quest are national labs with many locations. Both are in-network with Cigna, but only LabCorp is in-network with UnitedHealthcare. • Participate in wellness programs during the year. Registered nurses or health coaches from your health care company may call you during the year to discuss programs that can help you manage your health and well-being. Participation is optional, but these programs are designed to help you make informed decisions about your care and improve your lifestyle. So, we encourage you to take the call. Continued JPMORGAN CHASE | 28 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Savings Tips Tips Tools to Choose Benefits Reminders Beginning January 1, 2016 (continued) Stay connected with your health care company Use the tools they offer as you need health care throughout the year. You can access these tools through My Health. If You Want To… Go to My Health and select… Manage your cash flow. Track your MRA and, if elected, HCSA balance. “My MRA balance” or “My HCSA balance” See how many activities you have completed and what you have left to do to earn Wellness Funds. “My MRA tracker” Search for and compare doctors in your health care company’s network. “Doctor search” Avoid paying more than you have to. Compare in-network and out-of-network cost estimates for treatment before you receive it. “Treatment cost estimator” Look for generic drugs and understand the cost of a prescription drug before you fill it. “My prescription drug plan” Be sure to take advantage of websites and mobile apps that your health care company provides to get the most out of your medical plan all year long, including: • Cigna’s Compass Tool, which is like your “health plan GPS” in that it sends you personalized, actionable tips to help you track your MRA funds, minimize out-of-pocket costs, find quality doctors and clinics, and stay healthy with helpful tips and reminders. • UnitedHealthcare’s Health4Me app, which provides access to your and your family’s health information anytime and anywhere. It allows you to find physicians near you, estimate the cost of an upcoming treatment or procedure, and check the status of a claim or view your account balance. Continued JPMORGAN CHASE | 29 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to to Choose Choose Benefits Reminders Tools to Help You Choose My Health My Health is your centralized online resource where you and your family can go during the year, but especially during Annual Benefits Enrollment, to: • Access the Benefits Web Center (click “Enroll now”) to compare and review your benefits options and make any changes to your coverage. • Connect to your health care company, Cigna or UnitedHealthcare, or check out the other company’s website if you are considering a change. • Check your MRA and HCSA balances. • Get information about signing up for a Wellness Screening onsite, at a participating lab (Quest or LabCorp), an in-network health care provider’s office, or a convenience care clinic. You can also learn more about completing an online Wellness Assessment through your health care company’s website. • Find doctors and hospitals that are in-network, and their quality and cost information. • Check out the 2016 MRA Action Plan to understand the actions you can take in 2016 to earn funds for your MRA. • Get information about your prescription drug plan (administered by CVS/caremark). More About My Health Check out the “Wellness and Assessment Checklist” on My Health for steps to take to get a Wellness Screening and complete the online Wellness Assessment questionnaire. Access My Health from work or home: • From work: My Health via me@jpmc • From home: myhealth.jpmorganchase.com (also available for your covered spouse/domestic partner) Please note: If you access your health care company’s website from My Health, you will not have to enter a user ID and password. However, if you access your health care company’s site directly, or if your spouse/ domestic partner accesses the site through My Health, you or your spouse/domestic partner will have to enter a user ID and password. Continued JPMORGAN CHASE | 30 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 ' Changing What's Choices & Actions Savings Tips Tools to to Choose Choose How to Compare Your JPMorgan Chase Medical Plan Options Take a look at the resources JPMorgan Chase provides to help you make the right decision about your 2016 medical coverage, as well as compare your plan options with others that are available to you, such as your spouse’s/domestic partner’s plan: Benefits Reminders Check out the 2016 MRA Action Plan to understand the actions you can take now and those you can take in 2016 to earn funds for your 2016 MRA. Resource How to Access What Is It? Medical Plan Overview My Health > 2016 Benefits Resources Provides a broad look at your JPMorgan Chase Medical Plan options. Health Plan Comparison Charts Benefits Web Center via My Health. Click “Enroll now.” Provides a more-detailed comparison of your JPMorgan Chase Medical Plan options than the Medical Plan Overview. Summaries of Benefits and Coverage Benefits Web Center via My Health. Click “Enroll now,” then the “Health Care & Insurance Plan” tab, then select “Plan Information” from the drop-down menu. Provided in a standard format, these summaries allow you to easily compare your JPMorgan Chase Medical Plan options with your spouse's/domestic partner's or child’s Medical Plan options that may be available through another employer. DecisionDirect™ Benefits Web Center via My Health. Click “Enroll now.” After you answer a few simple questions about your health care needs and preferences, DecisionDirect will suggest a Medical Plan option for you. It will also let you know whether you should consider contributing to the HCSA and can help you decide whether to elect automatic claim payment or the debit card for your MRA and/or HCSA payments. Medical Expense Estimator Benefits Web Center via My Health. Click “Enroll now.” By using your past claims history or national estimates, you can project out-of-pocket expenses under each of the Medical Plan options for you and your covered dependents for 2016. You can choose your Medical Plan option by comparing your estimated total annual costs (payroll contributions plus out-of-pocket expenses) under each available option based on the services you and your family expect to use next year. Tip Sheets My Health. Click on Tip Sheets under 2016 Benefits Resources. Helps you understand your Medical Plan so you can make the most of it at Annual Benefits Enrollment, as well as throughout the year. Covered topics include: • Choosing your Medical Plan option and health care company • Understanding your prescription drug coverage • Helping you choose: automatic claim payment v. debit card • And more Continued JPMORGAN CHASE | 31 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to to Choose Choose Benefits Reminders How to Access Other Tools to Help You Choose To help you decide if you should make other changes for 2016, go to My Health and click “Enroll now” to access these other Benefits Web Center tools: MRA Value Estimator With the MRA Value Estimator, you can see how much money you can get for completing certain wellness activities in 2016. This way, you can see up front just how much money you’ll have in your MRA to cover your eligible out-of-pocket medical and prescription drug costs in 2016. Health Care Spending Account Estimator This tool helps you plan how much to put into your HCSA so you can avoid contributing too much or too little. This way, you can maximize your tax savings while avoiding the loss of unused amounts at year-end (i.e., amounts larger than $500). Remember, you need to use all the money in your MRA for eligible out-of-pocket medical and prescription drug expenses before you can use your HCSA for these expenses. Because dental and vision expenses can’t be paid from the MRA, you can start using your HCSA to pay for those expenses as soon as the plan year begins on January 1 or when your coverage is first effective, whichever is later. Don’t forget about any unused 2015 MRA funds that will carry over into 2016 (you’ll need to use those too before accessing your 2016 HCSA funds for medical and prescription drug costs). And don’t forget any remaining funds in your 2015 HCSA that will carry over to 2016 (up to $500). The HCSA Estimator will help you account for both of these funds. Life Insurance and Long-Term Disability Estimators You can estimate your life insurance and long-term disability needs with the Life Insurance and Long-Term Disability Estimators to find out how much coverage you need for an appropriate level of protection. Continued JPMORGAN CHASE | 32 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Be Benefits nefits Rem Reminders inders Benefits Reminders Coverage Effective Dates In most cases, coverage you elect during Annual Benefits Enrollment takes effect January 1, 2016, and remains the same throughout the year, unless you experience a qualified status change during the year. Qualified status changes. Annual Benefits Enrollment is generally the only time you can enroll in or make changes to your benefits during the year, including your method for receiving payments from your MRA and HCSA (automatic claim payment or debit card), unless you experience a qualified family status change (such as marriage, divorce, or the birth or adoption of a child) or work status change (such as an adjustment to your regularly scheduled work hours that results in a change to your eligibility for benefits). Any resulting coverage changes must be made within 31 days after the date of the event. You cannot change your health care company or payment method during the year, even if you have a qualified status change. Expecting a Qualified Family or Work Status Change During Annual Benefits Enrollment? If you experience a qualified family status change (such as marriage, divorce, the birth or adoption of a child) or a work status change (such as an adjustment to your regularly scheduled work hours that results in a change to your eligibility status) during Annual Benefits Enrollment, your eligibility for certain benefits plans may be affected, and you may be temporarily unable to use the Benefits Web Center. For more information, please contact the accessHR Benefits Contact Center at 1-877-JPMChase (1-877-576-2427) or 1-212-552-5100 if calling from outside the United States. Evidence of insurability (EOI) for LTD and supplemental term life insurance. Any LTD or life insurance election made during Annual Benefits Enrollment will be subject to EOI — or proof of good health. Your new coverage — and any associated contributions — will not take effect until it is approved by the insurance carrier. Please note: If you enroll for Individual Disability Insurance (IDI) this year, you will not be subject to EOI. Please note: You must be actively at work on the date your new or newly approved coverage takes effect. Continued JPMORGAN CHASE | 33 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions What Happens When You Turn 65 or Become Eligible for Medicare If you continue to work at JPMorgan Chase past age 65, or if you cover a Medicare-eligible dependent while you are an active employee, you (and your covered dependent, if applicable) will continue to have JPMorgan Chase coverage. Once you retire or are disabled under our Long-Term Disability (LTD) Plan and are eligible for Medicare, JPMorgan Chase does not sponsor health care coverage (medical, prescription drug, dental or vision) for you or your covered dependents once they are Medicare-eligible. Instead, these Medicare-eligible participants have access to individual health care policies available through OneExchange, the country’s largest private Medicare exchange. A Medicare exchange — also known as a Medicare marketplace — enables you to shop for and enroll in Medicare coordinating plans. OneExchange can provide you and your covered spouse/domestic partner with: • A variety of medical, prescription drug, dental and vision options to select from to best meet your individual needs and budget; • The help of licensed benefits advisors to answer your questions and review options so you can make the best choices (based on coverage and costs) for you and your family; and • Ongoing assistance throughout the year to answer your questions and provide additional information as you use your health care plans. Savings Tips Tools to Choose Be Benefits nefits Rem Reminders inders Medical Plan Post-Mastectomy Benefits All options under the JPMorgan Chase Medical Plan cover certain breast reconstructive benefits for eligible participants in conjunction with a mastectomy. Coverage under the Medical Plan is available for: • Reconstruction of the breast on which the mastectomy was performed; • Surgery and reconstruction for the other breast to produce a symmetrical appearance; and • Prosthesis and treatment of physical complications for all stages of mastectomy, including lymphedema. This coverage is subject to the terms of the Medical Plan option in which you participate, including relevant deductibles and coinsurance provisions. For more information, please contact your health care company. Newborns’ and Mothers’ Health Protection Act In accordance with the Newborns’ and Mothers’ Health Protection Act, group medical plans and health insurance issuers may not, under federal law, restrict benefits for any hospital length of stay in connection with childbirth for the mother or newborn child to less than 48 hours following a normal delivery, or to less than 96 hours following a cesarean section. Further, the plan cannot require that any medical provider obtain authorization from the plan or any insurance issuer for prescribing a length of stay less than these periods. When you retire or are on LTD and are Medicare-eligible or become Medicare-eligible, you will receive information from OneExchange. For questions or to learn more, call OneExchange at 1-844-448-7300 and speak to a representative. Representatives are available Monday through Friday between 8 a.m. and 9 p.m. Eastern Time. Continued JPMORGAN CHASE | 34 2016 Annual Benefits Enrollment BULLETIN Home MRA/Wellness U.S. Enrollment: October 6–23, 2015 What's ' Changing Choices & Actions Savings Tips Tools to Choose Benefits Be nefits Rem Reminders inders Questions? Contact the accessHR Benefits Contact Center If you have questions about your benefits coverage or the enrollment process, need more time to compare a spouse’s/domestic partner’s or other family member’s options, or if you don’t have Web access from work or home, please contact the accessHR Benefits Contact Center at 1-877-JPMChase (1-877-576-2427) or 1-212-552-5100 if calling from outside the United States. Quick Path Forgot Your PIN? Here’s how you can reach an accessHR representative: You’ll need your PIN to access the accessHR Benefits Contact Center. If you’ve forgotten your PIN, you can reset it yourself by calling 1-877-JPMChase (1-877-576-2427). When prompted to enter your PIN, press “0” followed by “#,” and follow the prompts. Once the reset process is complete, you can proceed through the telephone system. • Enter your Standard ID or Social Security number, and press 1. • Enter your PIN, and press 9. The accessHR Benefits Contact Center is open Monday through Friday, from 8 a.m. to 7 p.m. Eastern Time, except certain U.S. holidays. This Bulletin modifies and changes Your Guide to Benefits at JPMorgan Chase and is a summary of material modification for certain plans under the JPMorgan Chase U.S. Benefits Program. It supplements, clarifies and amends various sections of the Guide and the Summary Plan Descriptions, and should be referred to as part of this Guide and the Summary Plan Descriptions. Please retain this information for your records. The JPMorgan Chase U.S. Benefits Program is available to most employees on a U.S. payroll who are regularly scheduled to work 20 hours or more a week and who are employed by JPMorgan Chase & Co. or one of its subsidiaries to the extent that such subsidiary has adopted the JPMorgan Chase U.S. Benefits Program. This information does not include all of the details contained in the applicable insurance contracts, plan documents and trust agreements. If there is any discrepancy between this information and the governing documents, the governing documents will control. JPMorgan Chase & Co. expressly reserves the right to amend, modify, reduce, change or terminate its benefits and plans at any time. The JPMorgan Chase U.S. Benefits Program does not create a contract or guarantee of employment between JPMorgan Chase and any individual. JPMorgan Chase or you may terminate the employment relationship at any time. JPMORGAN CHASE | 35 Your 2016 MRA Funding at a Glance Wellness Activity Who Is Eligible to Complete and Amount Earned for Employee’s 2016 MRA Timing and Details Who is Eligible to Complete and Amount Earned for Employee's 2016 MRA You Initial Wellness Activities Covered Spouse/ Domestic Partner Complete both a biometric Wellness Screening and an online Wellness Assessment. January 1 – December 31, 2015 Complete both a biometric Wellness Screening and an online Wellness Assessment. Get a biometric Wellness Screening. If you had a screening at your doctor’s office, make sure you submit a Wellness Screening Results Form (available on My Health) as soon as possible and no later than January 31, 2016. AND Complete an online Wellness Assessment questionnaire. $200 for $100 for There are four ways to complete a Wellness completing completing Screening: both activities both activities 1. Onsite at many JPMorgan Chase locations — and save $500 and save $500 either through a Wellness Screening event or in 2016 medical in 2016 medical at one of our Health & Wellness Centers payroll payroll (employees only) contributions contributions 2. Doctor’s office 3. Lab (Quest or LabCorp) 4. CVS Minute Clinics, Walgreens Healthcare Clinics and, new this year, Duane Reade “DR Walk-In Medical Care” Clinics $200 for completing both activities and save $500 in 2016 medical payroll contributions $100 for completing both activities and save $500 in 2016 medical payroll contributions Complete on your health care company’s website (Cigna or UnitedHealthcare). My Health > Wellness Assessment Employees and their covered spouse/domestic partner who become eligible for coverage after October 1, 2015, have from their coverage effective date until December 31, 2016, to complete Initial Wellness Activities (Wellness Screening + Wellness Assessment) and earn 2016 MRA funds. They will automatically pay the reduced medical payroll contributions for 2016. Additional Wellness Activities Choose which activities to complete Choose which activities to complete Complete up to Complete up to four activities three activities (maximum of (maximum of $800) $300) January 1, 2016 – December 31, 2016 Employees and their covered spouse/domestic partner must complete Initial Wellness Activities to earn MRA funds for Additional Wellness Activities they and/or their covered spouse/domestic partner complete. Preventive Care. Get a physical, cervical or prostate cancer screening, mammogram or colonoscopy. $200 $100 Take advantage of all the age- and genderappropriate screenings that apply to you (each are covered at 100% in-network), but you can only receive funds once a year for this activity. Biometric Outcomes: • Body Mass Index (BMI)* under 25 or progress toward it as defined by your health care company • Blood Pressure* under 140/90 $200 $100 Receive funds only once a year for each outcome based on results from a Wellness Screening. More Wellness Activities *If it is unreasonably difficult due to a medical condition for you (and/or your spouse/domestic partner) to achieve the standard for the reward under this program, contact your health care company to work with you (and, if you wish, with your doctor) on an alternative. If you did not enroll in JPMorgan Chase medical coverage, Cigna has been designated as your health care company to administer your Wellness Rewards. Your 2016 MRA Funding at a Glance Wellness Activity Who Is Eligible to Complete and Amount Earned for Employee’s 2016 MRA Timing and Details Who is Eligible to Complete and Amount Earned for Employee's 2016 MRA You Covered Spouse/ Domestic Partner Personal Action Call with your health care company to discuss Wellness Screening and Assessment results, understand tools and resources available. $200 $100 Receive funds once a year for this activity. Health Coaching Program, such as stress and weight management, nutrition, maternity support, condition management and/or treatment decision support. $200 $100 Telephonic: You can participate in as many telephonic programs as you’d like, but employees can complete and receive funds for up to four telephonic Health Coaching Programs, spouses/domestic partners up to three. Online: You can participate in as many online programs as you’d like, but receive funds only once a year for online programs. Choosing Care Wisely online program — become a good health care purchaser using tools and resources available on your health care company’s website. $200 $100 Receive funds once a year for this activity. Participate in a Local Community Physical Activity event through Good Works, or participate in a JPMorgan Corporate Challenge.* $200 Not Applicable $1,000 $400 TOTAL 2016 MRA funds employee can earn You can participate in as many local events as you want, but you can only receive funds once a year for this activity. $1,400 if employee and covered spouse/ domestic partner complete Initial + Additional Wellness Activities within required time frames. *If it is unreasonably difficult due to a medical condition for you (and/or your spouse/domestic partner) to achieve the standard for the reward under this program, contact your health care company to work with you (and, if you wish, with your doctor) on an alternative. If you did not enroll in JPMorgan Chase medical coverage, Cigna has been designated as your health care company to administer your Wellness Rewards. Choices to Make Before You Enroll in Benefits: Your Checklist U.S. Annual Benefits Enrollment is October 6–23, 2015 Use this checklist as a guide to help you make your 2016 Annual Benefits Enrollment decisions. For more details about these choices, go to page 17 of the Annual Benefits Enrollment Bulletin. Medical Options Review your current Medical Plan option (Option 1 or Option 2) to be sure it continues to be the right coverage for you and your family. Decide if you want to cover your spouse/ domestic partner or have him or her explore alternative medical coverage (e.g., through his or her employer). Decide whether your health care company (Cigna or UnitedHealthcare) is still the right fit for you. Paying for Health Care Review the way you pay for health care through your Medical Reimbursement Account and/or Health Care Spending Account (HCSA) — automatic claim payment or debit card. Decide if you want to contribute to the HCSA for 2016 — you must enroll each year. Long-Term Disability Consider Long-Term Disability (LTD) coverage. Other Benefits Decide if you want to participate in the Child/Elder Care Spending Account — you must enroll each year. Decide if you have the right amount of life insurance coverage. Review your current dental coverage to be sure it’s still right for you. Other Benefits (continued) Check your Group Personal Excess Liability (GPEXL) Plan coverage amount. Take a look at your other benefits — including Vision and Group Legal Services — to be sure they still meet your needs. Check the Dependent Eligibility Requirements to determine whom you will cover under your benefits. Decide if you want to participate in the Employee Stock Purchase Plan (ESPP). Complete Wellness Activities Get a biometric Wellness Screening and complete an online Wellness Assessment questionnaire between January 1 and December 31, 2015 to earn $200 in your 2016 MRA and save $500 in medical payroll contributions in 2016. If your covered spouse/ domestic partner completes both activities during 2015, you will earn another $100 in your MRA and save an additional $500 in medical payroll contributions in 2016. Please note: When you are enrolling in your 2016 benefits, the medical payroll contributions (payroll deductions for Medical Plan coverage) shown on the Benefits Web Center assume you and your covered spouse/domestic partner have completed both wellness activities during 2015. Enroll Make your 2016 benefits elections on the Benefits Web Center, which you can access through My Health > Enroll now.