What to do
Annual enrollment is your once-a-year chance to enroll in or make changes to these core benefits and confirm critical information.
1. Consider your choices
Review your medical coverage options to make sure you’re enrolled in the best plan for you and your family.
Depending on where you live, you have several choices for medical coverage.
- The Cigna Choice Fund with Health Savings Account (HSA) plan offers in-network and out-of-network coverage. It’s the only medical option paired with a tax-advantaged HSA, which lets you save for current or future health care expenses and get free money from Intuit. It’s also the only plan that covers out-of-network services.
- The UnitedHealthcare (UHC) Network Plan, Cigna Managed Network Plan (EPO), and Kaiser plan (California and Georgia only) have predictable out-of-pocket costs, and there’s no deductible for you to pay before the plan pays for services or prescriptions. These plans cover in-network care only and may have higher paycheck deductions.
- All Intuit medical plans include pharmacy benefits, which include preferred and non-preferred generic and brand medications and supplies. Prescriptions can be filled at retail pharmacies or by mail order. Your prescription costs are based on the type of medication and the medical plan you are enrolled in.
Want to learn more about your medical plan basics or how the high deductible plan works? View the these videos for helpful, easy-to-follow information. Choose My HSA or My Health Plan from the top navigation bar to watch videos and more.
Before enrolling, it’s important to do your research so that you pick the plan that’s right for you and your family. There is a lot to consider in choosing a plan, including your paycheck costs, how much you will pay when seeking care, your health care needs for next year, and whether your doctor is in- or out-of-network.
That’s where ALEX®, our online benefits counselor, can step in to answer your questions and help lead you to the plans that work best for you. ALEX can help you by:
- Find your lowest-cost medical plan options.
- Explain how everything works. If you’re unsure how deductibles and coinsurance work, ALEX is for you.
- Simplify the decision-making process by asking you about your needs and providing personalized, confidential recommendations.
For a side-by-side view of the benefit plans, take a look at the FY‘23 plan snapshot to see what each plan covers and how much you’ll pay for services.
Review your dental coverage options to make sure you’re enrolled in the best plan for you and your family.
You have two options for dental coverage:
- The Aetna PPO Dental Plan gives you the freedom to choose any dentist. However, if you choose to go to a dentist who is not in the network, you pay more for services.
- The Aetna DMO Dental Plan requires you to pick a primary care dentist (PCD) in the Aetna DMO network for regular exams and for referrals to get specialty care. In exchange, it costs less than the PPO Plan. Note: This plan has a smaller network of providers, so it might not be available in all parts of the country. If it’s available in your area, it will be shown as an option when you enroll.
Take a look at the FY’23 plan snapshot to see what each plan covers and how much you’ll pay for services.
Learn more about the vision plan provided through VSP.
Vision Service Plan (VSP) has the most extensive network of optometrists and vision care specialists in the country. When you choose a VSP provider, you pay only a $10 copay for your annual exam. The plan provides $200 for frames and covers lenses at 100%, or $300 for contact lenses, every 12 months. If you’re in the Bay Area, you can also go to Crossover Health Center’s VSP vision center.
For more information, view the FY’23 plan snapshot.
Health Savings Account (HSA) and Flexible Spending Accounts (FSAs)
Consider whether you want to enroll—or reenroll—in the HSA or Health Care or Dependent Care FSA.
Watch this video to see what the HSA can do for you.
The HSA is a personal savings account that you use for health care. You can set aside up to $3,650 (individual coverage) or $7,300 (family coverage) per year—tax-free. Plus, Intuit contributes $750–$1,000 (individual coverage) or $1,500–$2,000 (family coverage) to your account, based on your salary. You can use the money to pay for medical, dental, or vision care—like office visits, lab work, x-rays, and prescriptions—now or in the future. Any unused money in your account rolls over for you to use the next year (or anytime in the future). The HSA is only available if you enroll in the Cigna Choice Fund with HSA medical plan.
Health Care FSA
Watch this video to see what the Health Care FSA can do for you.
The Health Care Flexible Spending Account (FSA) saves you money, because you can pay for eligible health care expenses with tax-free dollars. You decide how much to contribute to your Health Care FSA—from $26 to $2,850 per year. Your full contribution is available for you to use at the start of the fiscal year, and your contribution is deducted from your paycheck, pretax, throughout the year. Keep in mind that you must use your account balance by the end of the fiscal year (August 1–July 31), or it will be forfeited.
Limited Purpose FSA
If you’re enrolled in the Cigna Choice Fund with HSA plan, you and your spouse/domestic partner can only have a Limited Purpose Flexible Spending Account (FSA) due to IRS regulations. The Limited Purpose FSA lets you pay for eligible dental and vision expenses with tax-free dollars. You decide how much to contribute to your Limited Purpose FSA—from $26 to $2,850 per year. Your full contribution is available for you to use at the start of the fiscal year, and your contribution is deducted from your paycheck, pretax, throughout the year. Keep in mind that you must use your account balance by the end of the fiscal year (August 1–July 31), or it will be forfeited.
Dependent Care FSA
Watch this video to see what the Dependent Care FSA can do for you.
You can use the Dependent Care Flexible Spending Account (FSA) to pay for child care, school holiday care, and summer camps until your child’s 13th birthday, or beyond your child’s 13th birthday if he or she is disabled. You can contribute $26 to $5,000 per fiscal year, on a pretax basis. Intuit’s contribution of $650 is available for you to use at the start of the fiscal year. Remember that you must use your account balance before the end of the fiscal year (August 1–July 31), or it will be forfeited.
Tip: Watch this video that explains the difference between the HSA and an FSA.
If you’re not already enrolled, consider whether you want to enroll in legal insurance.
With ARAG UltimateAdvisor® legal insurance, you can access a nationwide network of attorneys who can advise and represent you if you’re dealing with a rental dispute, a traffic ticket, adoption proceedings, a home purchase, or other situations in which you could use legal guidance. You can also call a network attorney for unlimited legal advice on preparing wills, trusts, and other personal documents. Plus, ARAG offers many elder care services to support you and your parents, as well as specialized services to support the LGBTQ community.
Legal insurance also includes identity theft protection, which tracks your credit activity or online identity, notifies you immediately of suspicious activity, and provides insurance coverage in restoring your identity. To be covered by identity theft protection, you must set up your profile on the ARAG identity theft website to activate your service.
Life and accident insurance
Assess whether your current life and accident coverage provides you with a comfortable safety net.
Intuit provides you with basic life and accidental death and dismemberment (AD&D) insurance in the amount of 2 times your base salary. You can enroll in optional life insurance of up to 8 times your base salary ($4 million maximum, combined with basic life).
Not sure how much you need? Use the ALEX tool to help determine the right level of coverage for you and your family.
Note: If your spouse or domestic partner or child is eligible for employee coverage, he or she cannot be covered as a dependent under your optional life insurance (all Intuit employees receive coverage of 2 times their base salary). Only one employee may cover a dependent child.
2. Enroll June 13–24
Visit the Alight website to enroll in or make changes to your benefits.
Review and confirm these items.
Confirm that your dependents’ Social Security numbers are correct. These numbers are required for tax reporting.
Life insurance beneficiaries
Review and, if necessary, update your life insurance beneficiaries. You are the beneficiary of the life insurance that you purchase for your family.
Enroll by June 24: online until 8:59 p.m. PT or by phone until 6 p.m. PT
Remember to print or save your confirmation statement.
Changes you make are effective August 1, 2022–July 31, 2023.
If you don’t take action
If you don’t take action during annual enrollment, your current benefit elections—except for your HSA and Health Care and Dependent Care FSAs—will continue. Remember, you can’t change your benefits during the year unless you have a family status change, such as getting married or having a baby.
3. Maximize your benefits
Use these tips to make the most of your medical benefits.
- Take advantage of free preventive care. All the medical plans cover in-network preventive care at 100%.
- Get care quickly and save money by using telemedicine for minor illnesses. There’s no cost (after deductible).
- Use the mail-order prescription service for maintenance medications. You can get a larger supply for a lower cost than at a retail pharmacy. And your medication is delivered to your home.
- Use in-network providers. They’ve agreed to charge less. You’ll pay less when you get care in-network, because your deductibles, copays, and coinsurance are lower than if you visit out-of-network providers. To find in-network providers, go to the medical plan’s website.
Get an overview of the medical, dental and vision plans for FY’23.
Intuit is pleased to offer you a wide range of benefit programs to support your and your family’s well-being. Explore Intuit’s generous time-off programs, which include vacation, disability and parental leaves, and comprehensive mental health resources and tools. Visit intuitbenefits.com for more information.
(Note: The site will reflect FY’23 changes described here beginning August 1, 2022.)