To ensure that Morgan Stanley’s benefits continue to meet employees’ needs, the Firm is giving you more coverage options under the Medical Plan. By offering more options, the Firm is doing its part to make sure you have access to quality care at a variety of different price points:

• Option A (formerly called Premier) has the highest paycheck contributions and the lowest annual deductible and out-of-pocket maximum.

• Option B (formerly called Standard) has moderate paycheck contributions and a moderate annual deductible and out-of-pocket maximum.

• The new Option C, consumer-driven health coverage, has the lowest paycheck contributions and the highest annual deductible and out-of-pocket maximum. Unique to Option C, you can open a Health Savings Account, which offers a variety of tax advantages and can help offset the higher deductible.

Note: Employees in California may also enroll in Medical Plan coverage through Kaiser; employees in Hawaii may elect coverage only through the Hawaii Medical Service Association (HMSA) or Kaiser (Cigna and UHC are not available); and eligible US employees with international assignments may enroll in the Cigna Global Health Medical Plan.

And though more choice means more responsibility, you won’t have to make your decisions alone. To help you understand the available options, there are comparison tools, videos, webinars and the My Health suite of programs to help you get the right care, at the right time, at the right price. Additionally, this site is your new online hub for benefits resources in one convenient location. And if you need assistance, our team of Health & Wellness Advisors can review your individual situation and help you select the benefits that are right for you.

Read on for a full list of what’s new in 2016 and more details on the new Option C.