Oracle US Benefits


Oracle US Benefits Intranet


Information Resources

"MUST READ" for 2017


HSA Medical Plan Resource

Visit Oracle's one stop resource center dedicated to the employees enrolled in - or considering enrollment in Oracle's High Deductible Health Plan and Health Savings Account (HSA).


Health Care Reform

March 2017

Submit your 2016 Health / Dependent Care Flexible Spending Account Claims

March 31, 2017 is the deadline to submit your eligible Health Care FSA and Dependent Care FSA expenses incurred last year. You may submit your claim(s) online at or submit the printed claim form.

Eligible 2016 Health Care FSA, and/or Dependent Care FSA expenses must be incurred on or before December 31, 2016, to count towards your 2016 contribution election. Additionally, up to $500 of your unused funds in your 2016 Health Care FSA will carry over o this year, for use against 2017 eligible expenses. Unused funds over $500 are forfeited. This carryover provision does NOT apply to the Dependent Care FSA. Claims received after the deadline of March 31, 2017 will be denied. More Information

Form 1095 – Employer-Provided Health Insurance Offer and Coverage

The Affordable Care Act (ACA) requires you to show proof of health coverage when filing your taxes for 2016. If you are eligible for the Oracle US Benefits medical plans, you will receive the IRS Form 1095-C (and 1095-B if enrolled in a Kaiser Permanente HMO Plan). This form will help you show proof of medical coverage.

All employees eligible for Oracle US Benefits (including employees who have waived coverage) will receive the IRS Form 1095 on or before the IRS deadline of March 2, 2017:

  • All employees will receive the IRS Form 1095-C.
  • Employees enrolled in one of the fully insured Kaiser Permanente (including Group Health) HMO Plans will receive the IRS Form 1095-B.

Please Note: You may file your taxes prior to receiving your Form 1095. For more information, click here to read FAQs issued by the IRS, here to read Oracle’s FAQ for this topic, or here, to watch a short video regarding Form 1095.

HSA Contributions for Tax Year 2016

Did you know that you can make contributions to your health savings account (HSA) until the tax filing deadline of April 18, 2017 and have the contributions applied to 2016? Visit the Optum Bank Website to view information on how to make deposits into your account. Online deposits need to be made by April 10 to ensure adequate processing time. The Bank will however accept mail that is postmarked by April 18.

401(k) Savings & Investment Plan – Did You Exceed the 2016 Contribution Limit?

In 2016, the maximum amount that you may defer to any and all
401(k) plans was limited to $18,000. If you were age 50+ as of December 31, 2016 the maximum allowable amount was $24,000.

The amount you contributed to the plan is reported on your W2 in Box 12 (code D - for traditional pre-tax and code AA for Roth 401(k)). Employer contributions such as the Oracle match are not subject to this limit, and are not conveyed on your W-2s.

If, having reviewed your W-2s from ALL employers in 2016, you feel you have exceeded your personal limit, please contact Don Reich (Oracle’s 401(k) and Deferred Compensation Plan Manager) at or 719-757-4132. The deadline to refund excess contributions is April 18, 2017. Keep in mind that any refund will take approximately one week to process so please make your request as early as possible. Visit the Oracle US Benefits Website     for more information about the 401(k) Plan.

Form W2 - Reporting of Costs of Health Coverage

Reminder: Oracle is required to report the value of your employer (Oracle)-sponsored health coverage on your W-2 each year. The cost is calculated each month based on the plan and coverage tier you have elected. The COBRA monthly premium (net of the 2% administrative fee) is the monthly value used – and the total cost for the year is reported. Oracle Payroll reports the cost on your W-2 (Box 12 with a code DD). This provision does NOT impact your income tax return – it is for reporting purposes only.

For more information, please visit the Health Care Reform Website or FAQs.

Oracle Wellness: March is National Nutrition Month

If you feel you should make some positive changes with regard to your personal nutrition and eating habits, consider starting with small change. Rather than making drastic changes in your eating habits, work to incorporate smaller, more manageable changes into your daily routine. Taking this approach can avoid feelings of deprivation and resentment. The small changes you choose initially will help you find success almost immediately. With any difficult change, success is a huge motivator to continue toward the ultimate goal.

Generally speaking, try to start with small, yet effective healthy eating changes:

  • Limit your added sugar intake. Read nutrition labels and limit foods with added sugar (or high-fructose corn syrup, dried cane syrup, evaporated cane juice, molasses, sucrose, agave, honey). The current recommendation for added sugar is less than 55 mg per day. A point of reference: one can of non-diet soda contains more than half of this amount.
  • Consider meal planning. It doesn’t have to be as involved as you may think. Have an idea in mind as you grocery shop for the coming week. Think about quick-prep healthy breakfast options. Try to frame some of your meals around a vegetable as a main course, and add a lean protein as a side, along with a whole grain. Once you find a few healthy staples you enjoy, you can start to modify those for variety. For example – salads can be drastically different from one day to the next. You might top it with shredded chicken, black beans and salsa one day, and the next you could use dried mangoes, grilled tilapia and sunflower seeds. The possibilities are endless.
  • Study your habits. Keep a food log and accurately account for what you eat each day, even those Oreos no one saw you eat, the midnight snack you indulged in or the extra serving of bacon. You may be shocked!

For more information, visit the Oracle Wellness website.

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Rev. Date: 02/17/2017
Publish Date: March 2017