Oracle US Benefits

 

Oracle US Benefits Intranet

 

Open Enrollment

"MUST READ" for 2018 Enrollment


 

HSA Medical Plan Resource
Center

Visit our dedicated resource center containing information about Oracle's High Deductible Health Plan (HDHP) and Health Savings Account (HSA)

 

Health Care Reform

December 2017

Notice the NEW Banner above? That's Captain Sully, Oracle Benefits Pet Ambassador for 2018! Oracle Benefits recently launched Pet Insurance through ASPCA Pet Health Insurance, and a photo contest was held as part of the introduction of this new benefit. Hundreds of Oracle employees submitted photos and through a random drawing, Captain Sully was the winning pet. For the next year, Captain Sully will be featured in Oracle US Benefits communications. Per his human, Marty Moister, Captain Sully, a Parson Russell Terrier, is four years old and weighs 21 pounds. He enjoys riding on Marty's boat (thus the moniker 'Captain' since he stands tall at the bow). Captain Sully enjoys chasing squirrels and playing with his favorite toy bear. While Captain Sully lives in Chicago, Marty tells us that he was actually born in Tennessee and therefore barks with a southern drawl. Congratulations to Captain Sully and Marty!

2018 Open Enrollment Period Now Closed

The annual Oracle US Benefits Open Enrollment for 2018 is now closed. All changes will become effective on January 1, 2018 and new payroll deductions will be reflected on your January 15, 2018 paycheck. If you haven't already done so, it is suggested that you access the Oracle US Benefits Enrollment Site, review your 2018 Benefits Summary and print it for your records. Please retain your benefits summary for future reference.

2017 Winter Break

Similar to last year, Oracle US will be closing between the Christmas and New Year's holidays:

Christmas — Monday, December 25, 2017 (holiday)
Winter Break — Tuesday, December 26 – Friday, December 29, 2017 (vacation)
New Year's Day — Monday, January 1, 2018 (holiday)

Please review the US Winter Break FAQ     and/or the US Holiday page     for more information.

Oracle Wellness: Redefining the Sweet Life

According to the 2017 National Diabetes Statistics Report*, over 30 million people in the US today have diabetes. In addition to this, there are an estimated 7.2 million people in the US with undiagnosed diabetes. You have the power to control — and even PREVENT — Type 2 Diabetes altogether. Either way, balanced nutrition and regular exercise are some of keys to living a sweet life. Kaiser Permanente offers the following tips, in an effort to control / prevent Type 2 Diabetes:

  • Quit While You're Ahead
    • Smokers are 30-40% more likely to develop Type 2 Diabetes than non-smokers. Ready to quit? Find help at kp.org/quitsmoking
  • Watch for Sneaky Sugars
    • Hidden sugar in savory staples like pasta sauce and salad dressing add up fast — and they won't satisfy a sweet tooth! Compare food labels and select lower-sugar options.
  • Make a Move
    • Mix up your fitness routine. Combining cardiovascular activity with strength training can help control Type 2 Diabetes.

For general Wellness information, visit the Oracle Wellness website    

*Source: Centers for Disease Control and Prevention


Education Reimbursement: 2017 Deadline Date

The end of the year is quickly approaching. Please mark your calendar and submit your Education Reimbursement expenses by the December 15, 2017 deadline date. Complete packets not submitted by the deadline date will result in your education expenses being applied to the 2018 annual maximum. Due to the closing and reconciliation of 2017 account records, no exceptions will be made! Please review the Education Reimbursement FAQ     for instructions on how to submit your completed packet and other frequently asked questions.

New Employees – Prior Plan 401(k) Contributions

If you joined Oracle this year* and made contributions to your previous employer's 401(k) plan, you MUST report the contribution total to Oracle Payroll. Submit Online Template (preferred) or Download Form    .

* Disregard if you joined Oracle by way of an acquisition. 401(k) plan contributions you made to your former company's 401(k) plan are automatically reported to Oracle Payroll.

Flexible Spending Accounts (FSAs) — Last Month to Incur Eligible Expenses

Eligible expenses for your 2017 Healthcare FSA, and/or Dependent Care FSA must be incurred by December 31, 2017, in order to count toward your 2017 contribution election. Up to $500 of unused funds in your 2017 Healthcare FSA will carry over into next year, for use against 2018 eligible expenses. Unused funds over $500 are forfeited. This carryover provision does NOT apply to the Dependent Care FSA. More Information    

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Rev. Date: 11/16/2017
Publish Date: December 2017