Time Left to Pay Less for Medical Coverage Next Year
If you took action and completed the Well Being Assessment™ (WBA) and biometric screening, congratulations! You've earned a $300 discount on the cost of medical premiums in 2014. You've also learned where you stand with your health.
Why stop now? There’s still time to earn another $300 discount. Here’s how:
- Your covered spouse or domestic partner orders a physician form or home access kit by July 1 and by July 31 mails his or her biometric screening results and completes the WBA online at mybmcwellness.com.
- You completed the WBA by June 1, 2013, and by July 31 you complete four online surveys at mybmcwellness.com OR you complete two telephone coaching sessions.
Hired after May 1, 2013? Complete the WBA by October 31, 2013 and earn a $300 discount on the cost of medical coverage in 2014.
For more information about the BMC Wellness Program discounts and deadlines, call 1-866-336-8226.
How to Submit Fitness Expenses to YSA
To encourage you to keep fit and stay healthy, the BMC Fitness Reimbursement Program provides $225 per calendar year to help pay for fitness activities outside your home.
The rules are simple. You must be an active BMC employee when you incur the fitness expense and on the date BMC receives your request for reimbursement. You can request reimbursement of your expenses once per calendar year to Your Spending Account (YSA), the program administrator. Requests must be filed by March 31 of the following year.
How to submit your claim for reimbursement:
- Log on to YBR (identification and password required) and from the main menu click on Your Spending Account (YSA).
- From the YSA Summary Page, select Manage Your Account, which takes you to the YSA home page.
- Click on the Other Accounts tab. From the drop-down menu select Fitness, and then select Request Fitness Reimbursement.
For detailed information, read this How to Request Reimbursement for Fitness Expenses step-by-step guide.
Houston and Austin Employees: When requesting reimbursement for onsite gym membership fees to YSA, you must submit a copy of your last pay stub of the year showing your year-to-date contributions.
Moved Recently?
It is critical that you maintain your current address and other contact information on Employee Direct Access (EDA) so that you receive benefits communications in a timely manner. You can access EDA through the Oracle logon link on the BMC intranet home page.
Stop Here Before Your Next Business Trip
The BMC Business Travel Hub is your one-stop source for information about benefits that cover you while traveling away from home on BMC business.
Visit the site before your next business trip to:
- Print the Global Emergency Services wallet card with the phone number and code you'll need if you become sick or are injured while traveling.
- Learn about the free coverage available for you or your family if you have an accident or emergency.
- Know the benefits you receive from American Express with your purchase of an airline or rail ticket.
- Get the phone numbers, documents and instructions you'll need in case of an emergency during your next trip.
Good to Know: BMC offers Global Emergency Services free-of-charge to employees on business travel on a 24-hour basis. Offered through Assist America, Global Emergency Services gives you a familiar standard of care in an unfamiliar place, whether it's medical, legal, informational or personal assistance you require. So if you become seriously ill, need an emergency prescription filled, require a legal referral or lose your travel tickets when traveling 100 miles or more from your home, the service can assist you. Call Assist America at 1-800-872-1414 (within the U.S.) or 1-609-986-1234 (outside the U.S.). Use reference number 01-AA-ACN-06048.
EAP Resources Help When Disaster Strikes
Do you have a plan in place in the event that you or your family experiences any type of emergency? There are simple steps you can take to prepare your home, workplace, and/or school to ensure your family, pets, and property are protected. The Employee Assistance Program (EAP) website offers information, checklists and phone numbers to help you cope when disaster strikes. Visit mylifevalues.com (enter Username: BMC; Password: EAP) and click on My Family, and select the Emergency Preparedness link.
Parents: Save Time, Stress Less With Summer Camp Finder Service
One call to the Employee Assistance Program (EAP) can get you connected to reliable and affordable summer care for your children. Call a work-life specialist anytime at 1-800-955-6422 to receive personalized help. You'll receive referrals to qualified caregivers in your area that match your specific needs. Read More...
For more information about choosing summer child care, visit mylifevalues.com [Username: BMC; Passcode: EAP] Click on the My Family tab and select Child Care from the drop-down menu. From the Child Care page, select Summer Care from the Article Topics menu.
The Pros and Cons of Multiple 401(k) Accounts
Have a 401(k) or 403(b) at a former employer? Not sure what to do with it? Since your 401(k) assets are often a significant portion of your retirement savings, it's important to weigh the pros and cons of your options—and find the one that makes sense for you. Read More…
If you're ready to transfer money from another 401(k) or IRA to your BMC 401(k) account, start here or call a Fidelity representative at 1-866-546-4424 and request a "Roll-in" packet.
Source: Fidelity
Smart Savings at Work: Don't Miss the Match!
Mid-year is a good time to review your pay stubs carefully and make sure your 401(k) account contributions won't exceed the annual IRS contribution or compensation limits. If you received a bonus payment in May, you may need to adjust your 401(k) contribution percentage.
For 2013, the annual IRS 401(k) contribution limits are $17,500 ($23,000 if you are age 50 or older), and the annual compensation limit is $255,000. Your participation in the BMC 401(k) Plan for 2013 will stop at the first limit you reach. To learn more, watch this video about the BMC 401(k) Plan and use the BMC Retirement Savings Calculator. The calculator can help you figure out how much to contribute each pay period to make sure you don't exceed the limits and miss out on any of the BMC matching contributions. You'll find the calculator under “Employer News” on the right side of the home page on the Fidelity Netbenefits® website.
How 401(k) Contributions Work
For every dollar you save in your 401(k) on a before-tax or Roth basis, BMC will contribute another dollar...up to the first 5% of your eligible pay (includes base pay, bonuses and sales commissions). BMC matching contributions are made each pay period with your payroll contributions.
Track Your Savings with New NetBenefits® App
The new NetBenefits® Smartphone application (app) makes it easy and convenient to check your BMC 401(k) account on your mobile phone.
The app allows you to see how your 401(k) is performing. To make changes to your 401(k) investments on the spot, you tap the screen to call the toll-free number and reach a Fidelity representative.