Which Plan Is Right for Me?

When choosing your medical plan, it pays to look at the big picture. ITW makes it easy.

Bird’s Eye View

Here’s a look at health care users who are typically a good match for each plan. Where do you fit?

HealthSaver

Typically need only preventive care or see the doctor occasionally during the year

Don’t always meet your deductible

Want money from ITW to help cover health care expenses

Want to save for health care expenses tax-free

Are looking for another way to save for health care in retirement

PPO1

See the doctor frequently throughout the year, including treatment for more complex conditions (such as high blood pressure or diabetes)

Anticipate pregnancy, surgery or a hospital stay in 2022

Prefer to pay more up front to have coverage, then pay less to use coverage

PPO2

Typically need only preventive care or see the doctor occasionally during the year or only for routine minor treatments (such as allergies)

Don’t anticipate pregnancy, surgery or a hospital stay in 2022

A Closer Look

Take a closer look to find the medical plan that offers you the most value — a balance between your cost to have care (payroll deductions) and your cost when you use care (deductibles, out-of-pocket expenses and plan maximums). To do that, follow these suggested steps:

1. Understand how the ITW medical plans work. 

2. Compare total plan costs.

  • Weigh the cost to have the plan and the cost to use the plan.
  • You may be paying for more coverage than you need to get a low deductible.
  • Lower payroll deductions and HSA money from ITW may make the HealthSaver’s high deductible a better overall value.

Transparency in Coverage Rule

See the information this rule requires our group health plan to publicly share.

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