Oportun

Table of Content

  1. Header
  2. Page
    1. Welcome
    2. Overview
    3. Enrollment
    4. Employee Contributions
    5. Medical/RX
    6. FSA
    7. Dental
    8. Vision
    9. Life & Disability
    10. Voluntary Benefits
    11. Additional Resources
    12. Understanding your Benefits
    13. Carrier Contacts
    14. Contact Us
  3. Footer

Welcome

Your Benefits Resource

Helping you and your family reach and maintain good health is very important to Oportun. Oportun is pleased to offer a selection of benefits designed with your health and financial wellbeing in mind. We review our benefit programs each year to ensure we consider the best combination of benefit coverage, network access and affordability for employees.


Eligibility

Regular employees working at least 30 hours per week are eligible to participate in benefits offered by Oportun. When you enroll in the benefits program, you may also cover your eligible benefits. Dependents include your legal spouse, child(ren) up to age 26 (regardless of student status, marital status, residence, or financial dependence on you), and an unmarried child incapable of self-support.


Education Sessions

Join us for one of the online "live" webinars below to learn more about your benefit options. These meetings will be approximately 45 minutes long with time for Q&A.


November 1

Time:1pm

[MEETING LINK]


November

November 3

Time: 1pm

[MEETING LINK]


If you were unable to join one of the live webinars, please click below to view a 20 minute recording of the open enrollment presentation.

Enrollment

How To Enroll In Benefits

Action Required:


All elections must be submitted by November 16. The benefits you elect during open enrollment will be effective from January 1, 2023 to December 31, 2023.


This is an Active Enrollment.


The Benefit choices you make during your initial enrollment or annual open enrollment remain in effect for the entire year.


You can, however, modify your elections under certain circumstances, called "Qualifying Events" These are events such as marriage, divorce, birth or adoption of a child, loss of eligibility under another plan. If you experience a qualifying event, you may make changes to your benefits within 30 days of the event or 60 days if the event is due to birth or adoption of a child.


Employee Contributions

Pre-Tax Contributions


You share in the cost of your Medical, Dental and Vision Benefits. Your employee contributions for these benefits are taken out of your pay on a pre-tax basis as set forth below. In addition, if you elect to contribute to a flexible spending account or a health savings account, those contributions will be taken out of your pay on a pre-tax basis based on your election. *** With the exception of domestic partners and their children. The premiums are treated differently under the Internal Revenue Code. Generally, premium contributions for spouses and tax-qualified dependents are paid via payroll deductions on a pre-tax basis. However, premium contributions for domestic partners or domestic partner’s child(ren) are treated as a post-tax deduction.


After-Tax Contributions


If you choose to purchase Supplemental Life insurance and Optional AD&D insurance benefits for yourself or your dependents, your contributions will be taken out of your pay on an after-tax basis. You will be able to see the costs for these benefits in the enrollment system when you log in.

Medical/RX

Cigna or Kaiser

Cigna or Kaiser will administer your medical and prescription drug benefits this year.