Compare the Plans

ITW offers three medical plan options. You decide which one works best for you and your family. To get started, take a closer look at how the plans compare.

Overview

All three plans use the same medical provider network (Blue Cross Blue Shield) and prescription drug provider (CVS Caremark). You can use any provider you choose, but you save more in all three plans when you use an in-network provider because you receive discounted pricing. All plans cover preventive care — eligible routine services, including wellness-related lab tests and cancer screenings — at no cost to you when you use in-network providers. All the plans cover the same services, like doctor visits, hospital care, lab work and X-rays. And they all cover preventive generic medications at no cost to you. But what and how you pay for care are different.

Plan Features

Edit
HealthSaver PPO1 PPO2
Payroll Deductions
Lowest Highest contributions due to higher level of coverage and utilization Lower than PPO1
Higher than HealthSaver
Deductibles and Out-of-Pocket Maximums
Highest Lowest Higher than PPO1
Lower than HealthSaver
Tax-Advantaged Accounts
Comes with a Health Savings Account (HSA) with ITW contributions:

  • Employee only coverage: Up to $500
  • If you cover one or more family members: Up to $1,000
 You can enroll in a pre-tax Health Care Flexible Spending Account (FSA) to pay for out-of-pocket medical expenses (ITW doesn’t contribute to this account). You can enroll in a pre-tax Health Care Flexible Spending Account (FSA) to pay for out-of-pocket medical expenses (ITW doesn’t contribute to this account).
What You Pay
The full cost of most medical care and most prescriptions until you meet your deductible. Then you and ITW share costs.

Eligible in-network preventive care and preventive generic medications are covered at 100%.

 For most medical care: Either a copayment or the full cost of care until you meet your deductible. Then you and ITW share costs.

For most prescriptions: Either a copayment or percentage of the cost.

Eligible in-network preventive care and preventive generic medications are covered at 100%.

 For most medical care: Either a copayment or the full cost of care until you meet your deductible. Then you and ITW share costs.

For most prescriptions: Either a copayment or percentage of the cost.

Eligible in-network preventive care and preventive generic medications are covered at 100%.

See How the Medical Plans Compare

 
 
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How the Plans Work

HealthSaver

 

You pay for care.

You pay the full cost of most care and prescriptions until you meet the deductible (the amount you pay before ITW starts to share the cost of most services with you).

You can open a Health Savings Account (HSA). 

ITW will contribute up to $500 (if you cover yourself only) or up to $1,000 (if you cover one or more family members).* You can contribute, too.

You can pay for care with money from your HSA, or you can pay out of pocket and save your HSA money for later. The choice is yours.

You get free preventive care.

In-network preventive care and preventive generic medications are covered 100%.

* Prorated for enrollment after January 1.

PPO Plans

 

You pay for care.

You pay the full cost of most care until you meet the deductible (the amount you pay before ITW starts to share the cost of most services with you).

The exception: You pay a copayment (flat dollar amount) for in-network doctor office and virtual visits — without meeting the deductible.

You can enroll in a pre-tax Health Care Flexible Spending Account (FSA). 

Use it to pay for out-of-pocket medical expenses (ITW doesn’t contribute to this account).

You get free preventive care.

In-network preventive care and preventive generic medications are covered 100%.

HealthSaver

 

You and ITW share costs.

Once you meet the deductible, you pay a percentage of the cost — 20% in-network and 40% out-of-network — for most eligible expenses. That percentage is your coinsurance. ITW pays the rest.

PPO Plans

 

You and ITW share costs.

Once you meet the deductible, you pay a percentage of the cost — 20% in-network and 40% out-of-network — for most eligible expenses. That percentage is your coinsurance. ITW pays the rest.

For emergency or hospital care, you will pay a copayment and coinsurance — even after you meet the deductible.

HealthSaver

 

ITW pays 100% of remaining costs.

There’s a limit to how much you have to pay toward eligible expenses during the year — called the out-of-pocket maximum. If you reach the out-of-pocket maximum, ITW will pay 100% of eligible expenses for the rest of the year.

PPO Plans

 

ITW pays 100% of remaining costs.

There’s a limit to how much you have to pay toward eligible expenses during the year — called the out-of-pocket maximum. If you reach the out-of-pocket maximum, ITW will pay 100% of eligible expenses for the rest of the year.

Note: There are separate maximums for medical care and prescription drugs.

Benefits Value Advisor

Contact a Benefits Value Advisor at Blue Cross Blue Shield to understand your plan benefits, get estimates on costs for services, find in-network providers and even have appointments scheduled for you. Call a Benefits Value Advisor at 1.800.325.0320.

Ready to Enroll? Here’s How.

Make sure you have the benefits you want for 2025 to live life your way. Here’s how:

  • Learn about benefit changes, choices and resources to help you prepare to enroll.
  • When you’re ready to enroll, log on to ITWemployee.com. Click the Open Enrollment banner and follow the steps to review and enroll in 2025 benefits.

Call 1.866.489.2468, Option 1, Monday through Friday 7 a.m. to 7 p.m Central time, November 4-18.

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