The elections you make during Annual Enrollment will take effect January 1, 2023. Here’s a summary of how your benefits options are changing.
Your 2023 Per Paycheck Costs
Your per paycheck costs for medical, dental, and vision coverage are provided in the 2023 Benefits Guide.
-
No Change to Dental or Vision Premiums — These premiums will remain the same in 2023 and you will still receive the same great coverage!
-
Avoid the Working Spouse Surcharge — If your spouse or domestic partner is eligible for medical coverage through their employer and they do not enroll in Equifax medical coverage, you will avoid a $70 per pay period surcharge.
-
Stay Tobacco Free — If you certify you are not a tobacco user during Annual Enrollment, you will avoid a $50 per pay period surcharge. If you are interested in kicking the tobacco habit, check the 2023 Benefits Guide for more information about the FREE tobacco cessation plan offered by Cigna.
NEW! LegalEASE Legal Support Benefit
The new LegalEASE legal support benefit offers you, your family, and your savings protection from unexpected personal legal issues. You will have access to an attorney with expertise specific to your personal legal matter, including home and consumer, financial, auto and traffic, family, and estate planning and wills.
Take action during Annual Enrollment to elect this coverage! Once you enroll, your eligible family members will also be covered.
Click here for more information about this new benefit.
Additional Insurance Protection Plan Enhancements
Our Accidental Injury Insurance, Critical Illness Insurance, and Hospital Indemnity Insurance plans can help protect your budget from the impact of health issues that are impossible to plan for.
Should you experience a covered condition, these plans pay you a cash sum, which you can use toward expenses not covered by your medical plan, including your deductible, coinsurance, or even living expenses or childcare costs.
For 2023, these plans include the following:
Special Opportunity to Increase Your Life Insurance
During Annual Enrollment only, you can increase your Supplemental Life Insurance without proof of good health.*
- For yourself: Elect from 1 to 4 times your base salary (up to $500,000)
- For your spouse: Elect coverage in $10,000 increments (up to $50,000)
* If you have been previously denied coverage, Evidence of Insurability will be required.
Available Only During Annual Enrollment …
If you move from the $1,000 Deductible plan to the $2,000, $3,000, or $4,000 Deductible plan during Annual Enrollment, Equifax will make a one-time contribution to your HSA: $350 for employee only coverage or $700 for employee + dependent(s).
New and Improved Benefits for 2023
There is no need to enroll in the benefits described below during Annual Enrollment. Look for more information about these new benefits after January 1, 2023.
-
New and Improved EAP through ComPsych — The ComPsych Employee Assistance Program (EAP) offers you 24/7 free support and access to many valuable resources, including confidential emotional support; finding childcare, movers or contractors; assistance with legal and financial issues; and online access to articles, podcasts, and expertise.
- Bright Horizon’s Back-Up Care & Additional Family Supports — Equifax employees will have access to 10 back-up care uses through Bright Horizons at a discounted rate! Bring your child to a Bright Horizons in-network facility or have a care provider come to your home for your children or other family members. Also access great tools, such as:
- Caregiver search
- Virtual academic support
- Preferred enrollment at Bright Horizons centers
- Discounted tuition at participating childcare centers nationwide
- Nanny placement services
- Elder care resources
- Pet sitter and housekeeping resources
- UBS Financial Wellness Benefit — Coaching and digital resources through UBS Financial Wellness can help answer your financial questions. Equifax employees will be able to access online tools, calculators, and content tailored to their personal financial journey; UBS Financial coaches; educational events; and help keeping your goals on track.
2023 Pre-tax Contribution Limits: HSA, FSA, and 401(k)
Health Savings Account
Flexible Spending Accounts
-
Limited Purpose: $3,050
-
Health Care: $3,050
-
Dependent Care: $2,500 if married and filing separately, or $5,000 if married and filing a joint return or if you are a single parent
Equifax 401(k) Plan
Your combined before-tax, Roth after-tax, traditional after-tax, company-matching, and direct contributions cannot be more than $66,000 in 2023.
