See what’s new
At Intuit, our commitment to you runs deep. This is reflected in our award-winning, industry-leading benefit programs and resources designed to support your holistic well-being. While other employers may be rolling back their investment in benefits or passing along cost increases to employees, this year we’re choosing to invest even more in:
Unless otherwise noted, the changes below are effective August 1, 2023.
If you don’t take action during annual enrollment, your current benefit elections will continue—except for your Health Savings Account (HSA) and your Health Care and Dependent Care Flexible Spending Accounts (FSAs). Per IRS guidelines, you must enroll in these plans each year.
For a more detailed, side-by-side look at important plan features and covered services, refer to the FY24 plan snapshot.
Investing in your financial well-being
Your paycheck deductions for medical coverage will stay the same
While health care costs continue to rise year-over-year, Intuit is continuing to invest in your financial well-being by keeping your medical plan paycheck deductions the same, unless you elect a different plan or coverage tier. This means, for the third year in a row, there will be no increase to your paycheck deductions for medical coverage.
For a side-by-side comparison of your FY24 benefit plans, including what each plan covers and how much you’ll pay for services, take a look at the FY24 plan snapshot.
If you live in California, Georgia, or Hawaii, don’t skip this important information about Kaiser medical plan costs
If you live in California, Georgia, or Hawaii, your paycheck deductions for Kaiser dependent medical coverage are decreasing. The amounts you pay for Kaiser individual coverage will stay the same.
For a side-by-side comparison of your FY24 benefit plans, including what each plan covers and how much you’ll pay for services, take a look at the FY24 plan snapshot.
Deductible waived for telemedicine services through the Cigna Choice Fund with Health Savings Account (HSA)
The Cigna Choice Fund with HSA no longer requires you to pay the deductible before receiving general telemedicine services through Teladoc.* So, the next time you receive telemedicine care from Teladoc, you won’t pay a dime.
*Excluding virtual primary care visits (Teladoc Primary360) where the deductible still applies.
Your paycheck deductions for vision coverage will be reduced
If you’re currently enrolled in the VSP Vision plan, or choose to enroll during annual enrollment, you’ll see lower paycheck deductions for FY24 for all coverage levels.
For a side-by-side comparison of your FY24 benefit plans, including what each plan covers and how much you’ll pay for services, take a look at the FY24 plan snapshot.
Your paycheck deductions for dental coverage may be decreasing
We’re lowering your paycheck deductions for:
- The Aetna PPO Dental Plan—all coverage levels
- The Aetna DMO Dental Plan—dependent coverage levels
For a side-by-side comparison of your FY24 benefit plans, including what each plan covers and how much you’ll pay for services, take a look at the FY24 plan snapshot.
Intuit is picking up the recordkeeping fees you’ve been paying in your 401(k) Retirement Plan
Save more by paying less. Most 401(k) plan participants pay a small amount to cover recordkeeping fees—such as tracking your 401(k) balance, investments, employer contributions, and more. These fees are typically deducted from your Intuit 401(k) Retirement Plan balance each quarter.
Starting October 1, 2023, Intuit will pay these fees so that you don’t have to. Over time, these savings can add up to a significant amount for your retirement. Helping you save for your retirement is another way Intuit’s exceptional benefits are leading the industry.
You’ll pay less for optional life and accident insurance
The amount you pay for optional life and accident insurance is decreasing.
As a reminder, Intuit automatically provides basic life insurance and accidental death insurance coverage in the amount of two times your annual earnings, at no cost to you. During annual enrollment, you can choose to purchase additional coverage for yourself and your dependents.
Special opportunity to elect more life insurance without providing evidence of insurability (EOI)
As a special option during this year’s annual enrollment, you have a one-time opportunity to elect up to five times your annual earnings of additional life insurance for yourself (up to $1 million), and up to $150,000 (in increments of $50,000) for your spouse, without providing evidence of insurability (EOI) to the insurance company.
Investing in your health
More personalized support through your Intuit medical plan carriers
We’re offering more personalized support through your Intuit medical plan carriers—Cigna, UnitedHealthcare (UHC), and Kaiser.
Effective August 1, 2023, you’ll have more direct access to your medical plan carriers to get the care you need, when and how you need it. Think of them as your own personal advocates to help you navigate the health care system. You can call them for help with finding in-network doctors or specialists to avoid unnecessary costs, get answers to questions you may have about the plan or provider networks available to you, learn about wellness, condition management programs, and online tools.
While more information about your health care advocates will be available in July, we encourage you to reach out to our medical plan carriers directly during annual enrollment. Use the preenrollment contact information below:
- Cigna: Call 888-806-5042, 24/7, or visit Cigna.
- UHC: Call 833-993-0861 (5 AM–8 PM PT, Monday–Friday) or visit UHC.
- Kaiser: Call 800-324-9208 (7 AM–6 PM PT, Monday–Friday) or visit Kaiser.
Be on the lookout!
If you’re currently enrolled or choose to enroll in an Intuit medical plan during annual enrollment, you’ll receive new medical ID cards in the mail to use beginning August 1. These ID cards will include dedicated phone numbers to our advocacy support services.
Note: Currently enrolled Kaiser members will not receive new medical ID cards for FY24.
Personalized solutions for diabetes, hypertension, and weight management
Being healthy is something we all aspire to. And you’ve said that you want more targeted resources to support your well-being—especially if you’re battling certain health conditions or struggling to maintain a healthy weight. For FY24, we’re introducing specialized solutions to help you tackle many common health conditions (subject to eligibility requirements):
Diabetes and hypertension
Cigna’s Omada Complete Program is a digital care program that empowers you to achieve your health goals through sustainable lifestyle changes. The program can help you lose weight (and keep it off), build strategies for healthy eating, activity, sleep, and stress management, and reduce your risk of developing type 2 diabetes and cardiovascular disease—one step at a time. If eligible, you’ll have access to one-on-one coaching, a personalized health plan, tools for managing stress, an online peer group and community, and a smart scale to track your progress. Visit Cigna to learn more.
Weight management
All three of our medical plan carriers offer personalized weight management programs to support long-term transformation, so you can feel your best each and every day.
UHC Real Appeal
If you’re enrolled in Intuit’s UHC medical plan, you’ll now have access to a personalized solution, Real Appeal, to support you on your weight management journey at no additional cost. Through Real Appeal you can work one-on-one with a health coach, access group sessions led by trained health coaches and on-demand fitness classes, and use digital tools to help you track your progress and meet your goals. Visit UHC to learn more.
Cigna
If you’re enrolled in an Intuit Cigna medical plan, you’ll have access to a weight management program that allows you to track and achieve your weight loss goals through:
- One-on-one support with a health advocate through telephonic coaching
- Personalized health plans
- Digital tools and resources
Visit Cigna to learn more.
Kaiser
If you’re enrolled in Intuit’s Kaiser medical plan, you’ll have access to dedicated wellness coaches with expertise in preventive health care and behavior-change counseling. Your wellness coaches will work with you to create goals and customized action plans to help you see results. Visit Kaiser to learn more.
Specialized support for menopause
We’re expanding the services available through Maven to include specialized support for menopause. Maven’s menopause journey fills gaps in menopause care by helping you identify symptoms early and by providing unlimited access to specialists, vetted content, and mental health support. This includes:
- 24/7/365 virtual access to menopause specialists
- Dedicated mental health support
- Clinically validated menopause education
You and your dependents enrolled in an Intuit medical plan are eligible to enroll, at no additional cost.
Introducing a new pelvic health program through Hinge Health
Get personalized support for your pelvic health. The program is designed to support your unique musculoskeletal needs by offering pelvic floor physical therapy at all stages of life, including pregnancy, postpartum, and menopause.
You and your dependents who are age 18 or older and are enrolled in an Intuit medical plan are eligible to enroll at no additional cost.
Extended COVID testing and treatment
You’ll continue to pay nothing for testing and treatment. We’re extending our 100% coverage for COVID testing and treatment to the end of FY24 (July 31, 2024). Deductibles apply for Cigna Choice Fund with HSA plan members.
Investing in families
New resources for working parents
For FY24, we’ve also added the Parenting & Pediatrics journey through Maven. Through this journey, working parents have access to personalized digital parent coaching and a specialized pediatric care platform in the palm of their hands. Services include:
- Concierge-level navigation to all other Intuit benefits and community resources.
- 24/7 virtual access to specialists who serve both parent and child, including relationship counselors, occupational therapists, speech language pathologists, and developmental psychologists.
- Daily curriculum and live classes designed for busy parents and personalized for your unique needs. Topics include live infant CPR classes and how to handle tantrums, identify speech issues, manage sibling dynamics, and understand ADHD.
- Partnerships with a vetted network of childcare and education partners offering nanny shares, back-up daycare, virtual sitters, live tutors, homeschooling, and full-time daycare.
You and your eligible dependents enrolled in an Intuit medical plan can enroll, at no additional cost.
Expanded legal coverage for family support
We’re expanding the voluntary legal services offered through ARAG to include topics frequently encountered by families, including:
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Egg/sperm/embryo donation agreement
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Surrogacy agreement
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Pre-birth/post-birth parentage order
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Paid-in-full defense coverage for uncontested child support enforcement
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8 hours of defense coverage to support contested child support enforcement
For a full list of covered services, visit ARAG’s website (use access code 17929int). And, if you haven’t already, consider enrolling in legal coverage during annual enrollment.
Investing in time away
We’re adding five more days to bereavement leave for immediate family members
Family is everything, and this is something we hold close to our hearts at Intuit. To better support you during the loss of an immediate family member, we’re increasing our bereavement leave from 5 days to 10 days. Immediate family members include your:
- Spouse or domestic partner
- Children, stepchildren, or grandchildren
- Parents, parents-in-law, or stepparents
- Brothers or sisters or siblings-in-law
- Grandparents
IRS updates, reminders, and important deadlines
IRS updates
You can save more in your Flexible Spending Accounts (FSAs) and Health Savings Account (HSA)
The annual maximum you can contribute to your Health Care FSA and Limited Purpose FSA is increasing from $2,850 to $3,050.
The annual maximum you can contribute to your HSA is increasing from $3,650 (individual) and $7,300 (family) to $3,850 (individual) and $7,750 (family). If you’re age 55 or older, you can make an additional $1,000 catch-up contribution.
The deductible for the Cigna Choice Fund with HSA medical plan is increasing
Per IRS guidelines, the annual deductible for the Cigna Choice Fund with HSA medical plan is increasing slightly from $1,400 (individual) and $2,800 (family) to $1,500 (individual) and $3,000 (family).
Reminders
Family Support Time enhancements and Supplemental Sick Time end July 31
When the COVID pandemic created challenges for our employees, Intuit enhanced the flexibility of our existing programs and introduced new benefits for added support. As communicated in December 2022, the Family Support Time program enhancements and the Supplemental Sick Time program will end on July 31, 2023.
- To help address childcare challenges during the pandemic, Intuit temporarily suspended the one-year service requirement to qualify for Family Support Time. The program was also expanded to allow employees to use this benefit for childcare when schools or camps were closed. While these temporary enhancements will end on July 31, 2023, the Family Support Time program continues to provide you with flexibility to care for your loved ones with up to four weeks of paid time off. Learn more about how you can take advantage of Family Support Time throughout the year.
- Supplemental Sick Time was introduced as a temporary additional time off benefit during the pandemic so that employees could take paid time off when they or a household member was ill, and for employees experiencing symptoms related to a COVID vaccine. It also provided paid time off for employees who were not sick but were directed by Intuit or a local health authority to stay home. This temporary program will end on July 31, 2023.
New medical ID cards are coming in the mail
Be on the lookout! For FY24, all employees enrolled in an Intuit medical plan will receive new ID cards in the mail for use beginning August 1.
Note: Currently enrolled Kaiser members will not receive new medical ID cards for FY24.
Important deadlines
Flexible Spending Accounts (FSAs)
The money you contribute to a Health Care FSA, Limited Purpose FSA, or Dependent Care FSA does not roll over from year to year.
You have until October 31—three months following the end of the fiscal year (July 31)—to submit claims for reimbursement of expenses incurred between August 1 and July 31. Per IRS guidelines, any funds remaining in your FY23 account after October 31, 2023 will be forfeited.
As a reminder, if you’re currently enrolled in an FSA and want to continue to participate in the new plan year, per IRS guidelines, you must take action and enroll during FY24 annual enrollment.
Well-being for Life Program reimbursement deadline
We want you to be healthy in all aspects of your life. You’re eligible to receive a reimbursement of up to $1,300 per fiscal year for costs related to well-being for you and your family. With only a few exceptions, almost any expense related to your physical, emotional, or financial well-being is eligible for reimbursement. There’s no time to wait! You have until July 31, 2023, to submit your reimbursement request for FY23 expenses.