What you need to know
BAE Systems benefits support you wherever you are in your journey. As a BAE Systems employee, you have a range of plans and programs to support you for the journey ahead.
If you’re covered by a Collective Bargaining Agreement (CBA), your benefits may vary from what’s described here. Please refer to your CBA for details about your benefits, including eligibility.
What’s new and changing for 2020
Here’s a complete look at what to expect in 2020. Please note: If you changed medical plans or whom you cover for 2020, you will receive new ID cards.
You can now cover domestic partners and/or their child(ren)*
Starting January 1, 2020, same-sex and opposite-sex domestic partners and/or their child(ren) will be eligible for medical, dental, vision, life insurance, and other benefit plans and programs.
This change supports our commitment to a diverse and inclusive workplace where people of all backgrounds are respected and treated equally. It’s also another step in our overall diversity and inclusion journey to create a workplace where everyone feels they belong and can be their best.
If you'd like to cover your domestic partner and/or his/her child(ren) in 2020, contact the BAE Systems Benefit Center. When you enroll, you will be prompted to submit supporting documentation that verifies their status as your domestic partner and/or child(ren), as applicable. If you don’t provide required documentation to the BAE Systems Benefit Center within 60 days, your coverage will be dropped.
*TRICARE does not cover domestic partners/children.
Salary bands are changing
Employee contributions for medical insurance are based on salary ranges. Every few years, we review our salary bands based on changes at the company and in the market. Given the diverse roles of our workforce and salary distribution, the salary ranges for 2020 will reflect the following tiers:
- Less than $50,000
- Greater than $75,000
Depending on the medical plan you choose, whom you choose to cover, and which salary range you will be in for 2020, you may see an increase or a decrease in premiums next year. Visit BenefitsNavigator to review your 2020 elections and costs.
The Health Plus plan out-of-pocket maximums are changing
To align the Health Plus and the Core Plus plans, the out-of-pocket maximum in the Health Plus plan will be $3,750 (single coverage) and $7,500 (family coverage) in 2020.
More money to spend on eyeglass frames
The frame allowance for both vision plans will be higher:
- VSP Choice: Increasing from $125 to $175
- VSP EasyOptions: Increasing from $200 to $225
Deadlines to keep in mind
Earning and submitting HSA wellness incentives in 2020
In order to receive wellness incentives in your Health Savings Account (HSA) for 2020, incentives must be processed by Cigna no later than the end of November 2020.
Keep in mind, it may take 3 to 4 weeks for Cigna to process your incentives, so the earlier you complete and submit your wellness incentives, the better.
Incentives not processed before the deadline will be credited toward your 2021 HSA (this is a change from our current practice). This will ensure we report accurate information on your W-2. Incentives under the Health Plus plan Health Reimbursement Account (HRA) can continue to be earned through the end of the year.
Biometric screenings with annual physicals
In past years, biometric screenings completed on or after October 1 counted toward the current and next year’s biometric wellness incentive.
To promote well-being and encourage you to stay healthy every year, effective in 2020, biometric screenings and physicals will count toward incentives for one year only. This means that if you have a biometric screening and physical from October through December 2019, it will not count for 2020.
To earn your 2020 incentives, you will need to complete a biometric screening and physical in 2020.
Benefits to support you now
New: Bright Horizons Back-up Care
School closing, a nanny canceling, or an elderly relative needing help can complicate your schedule. Having a reliable backup care plan can help minimize disruption at home and at work. Backup care through Bright Horizons is company-subsidized, so you only pay a small hourly fee when you need last-minute care for your loved ones.
Cigna medical plan members: Are you ready to get a better night’s sleep?
Sleepio can help you understand your sleep needs and take steps to improve it. Get started with Sleepio.
Save even more in 2020
If you have a Health Savings Account (HSA), you can contribute even more in 2020. If you enrolled in the Core Plus plan, here’s how the math works:
|Individual coverage||Family coverage|
|Your 2020 maximum contribution||Under age 55: $3,150
Age 55+: $4,150
|Under age 55: $6,300
Age 55+: $7,300
|Wellness Incentive Program awards||$400||$800|
|2020 IRS maximum||Under age 55: $3,550
Age 55+: $4,550
|Under age 55: $7,100
Age 55+: $8,100
HSA contributions and earnings are not subject to federal taxes; however, a few states treat the contributions as taxable income. Those employees residing in California and New Jersey will have applicable state taxes withheld from their contributions each pay period. Employer wellness incentives to the HSA are also subject to state taxes in these two states.
Note: If you are married and your spouse is also enrolled in an HSA, your combined HSA contributions may not exceed IRS limits.
Increase in Health Care FSA contributions
You can contribute up to $2,700 a year (an increase from $2,650) to your Health Care Flexible Spending Account (FSA) in 2020. Plan carefully, as this is a use-it-or-lose-it account. You must use your FSA funds by December 31, and you have until April 30 of the following year to submit your claims for reimbursement. For example, 2019 expenses must be submitted by April 30, 2020.
Keep in mind: If you are enrolled in the Core Plus plan, Health Care FSA contributions may only be used for eligible dental and vision expenses.
Three things to keep in mind about your medical coverage
If you enrolled in a high-deductible health plan, you are responsible for paying the full cost of medications until you reach the annual deductible. Take a look at how the high-deductible health plan works.
If you enrolled in a high-deductible health plan, you have a powerful savings vehicle through the HSA. With an HSA, you can pay for eligible medical, dental, vision, and prescription drug expenses with tax-free dollars. You can also use your HSA dollars to pay Long-Term Care premiums and expenses. Learn more about all the ways you win when you contribute to an HSA.
Get personalized guidance on a medical treatment with expert second opinions through Advance Medical. A Physician Case Manager will assign a team of expert physicians to review your medical records and help you determine the best treatment plan. The service is available to all employees and family members, regardless of health plan coverage.
Access your benefits from anywhere
Get 24/7 access to your benefits. Visit the Mobile apps page to download apps for your benefits. Here are just a few apps to check out today:
The myCigna app makes it easy to view your medical ID card, claims, account balances, search for a provider, and more.
Cigna members: Save time and money by connecting virtually with a Cigna board-certified doctor anywhere, anytime, via a secure video chat from your laptop or mobile device. Once you meet your deductible, you pay only the applicable coinsurance for each visit.
View and refill your prescriptions, track their status, see your prescription history, and more with the CVS Caremark app.
Download UPoint Mobile HR to find your benefits information quickly, including coverage details.