Introducing Bind

​Just as Medtronic is leading the way to transform healthcare, we aspire to transform and continue to improve the ways you experience your own health benefits. That's why, as part of your 2019 benefits package, Medtronic is introducing Bind, a new type of on-demand medical plan.

The Bind plan has a $0 deductible and copays apply for a Core set of services, including preventive and primary care, maternity care, prescription drug coverage, and emergency care. You have the flexibility to purchase Add-In coverage for certain planned medical procedures like knee replacement or back surgery. The Bind plan keeps 31 procedures out of its Core coverage to keep your paycheck contributions low, but you can add them at any time during the year, if you need them.

Bind also comes with a supportive customer service Help Team and online tools so you have instant answers about what's covered, what everything costs, and how to find high-quality health providers.

Bind Provides Value-Based Healthcare

Our business focus on value-based healthcare applies to the industry, patients — and our own employees and families. Value-based healthcare is an approach that ties provider payments to cost, quality, and patient experience measures. This is the type of care that Bind aims to deliver.

How Bind Works


You have the option to buy Add-In coverage at any point during the year if your needs change. Use Add-Ins to cover 31 select plannable procedures including shoulder surgery, knee replacement, and bariatric surgery.

Select Bind Locations

Bind is a unique, progressive type of medical plan that is going to be offered to employees in Colorado, Florida, and Minnesota in 2019. These locations were selected for a number of reasons including their large employee populations, the discounts available from the network of providers, and the potential opportunities for employees and their families to save money on their healthcare services. Medtronic may offer the Bind plan more broadly in the future, based on the experience with employees in these three locations.

What Bind Offers

Choice is invaluable, especially when it comes to your medical coverage. Medtronic has always made choice a key feature of our benefits approach because we understand employees have a variety of family situations and preferences. At the same time, through our current plan options, many employees have coverage for services they don’t need or use. That’s what makes Bind unique. When you enroll, you automatically receive coverage for a Core set of healthcare services (like preventive care or prescription drug coverage) and can choose to add in coverage for 31 select plannable procedures when you need it, anytime.

Curious to see how Bind could work? In the weeks ahead, we’ll bring that to life through four sample employees that represent common health and family circumstances you may face today. Meet Priyah, Josh, Vanessa, and Marco and be sure to follow their journey as they consider Bind as their Medtronic medical option for 2019. Simply click on the Getting Ready for Bind: Employee Examples on the left-hand navigation under Resources.

How Bind Compares to Other Medtronic Medical Plans

Paycheck Contributions

Just like our other medical plans, with Bind you’ll pay contributions out of your paycheck for coverage. The Bind plan keeps 31 procedures out of its Core coverage to keep paycheck contributions low, but you can add them at any time during the year, if you need to. An additional copay and a set number of ongoing, pre-tax payroll deductions will apply for added coverage. See “How Add-In Coverage Works” for more information.

Paying for Care

Bind PlanConsumer Health Plan (CHP) with Health Savings Account (HSA)PPO Plan
  • There is a $0 deductible and no coinsurance.
  • Copays apply when you need care.
  • You will continue to pay copays when you need care until you reach the out-of-pocket maximum. Then, the plan pays for 100% of costs.
  • You can contribute pre-tax dollars to a Health Care Flexible Spending Account (FSA) to pay for out-of-pocket healthcare expenses, like copays.
  • You pay the full cost of care until you meet your deductible.
  • After you meet the deductible, you pay 20% of the cost of care until you reach an out-of-pocket maximum. Then, the plan pays for 100% of costs.
  • You can contribute pre-tax dollars to a Health Savings Account (HSA) to pay for out-of-pocket healthcare expenses. You cannot enroll in an HSA if you are enrolled in the Bind Plan or PPO Plan, however you can use existing HSA funds to pay for care in these plans.
  • Like Bind, you pay a copay for certain services, like primary, specialty, or urgent care until you meet your out-of-pocket maximum.
  • For certain services, you pay the full cost of care until you meet the deductible, like in the CHP. After you meet the deductible, you pay 20% of the cost of care until you reach an out-of-pocket maximum. Then, the plan pays for 100% of costs.
  • You can contribute pre-tax dollars to a Health Care Flexible Spending Account (FSA) to pay for out-of-pocket healthcare expenses, like copays.

All Medtronic Medical Plans Have These Features in Common

No matter what plan you choose, you’ll always have these things in common:

  1. Out-of-pocket maximums ― Sometimes the frequency of plan use and the associated costs vary from year to year. Just in case you have a year of high medical expenses, there's an out-of-pocket maximum to protect against significant medical costs.
  2. Free preventive care All preventive care, such as annual physicals and immunizations, is covered at no cost.
  3. Options to pay for care ― Depending on the plan you enroll in, you have pre-tax account options you can use to save and pay for care, either in the form of a Health Savings Account (HSA) or FSA.
  4. Prescription drug coverage ― Coverage when a prescription is needed.

Enrolled in the Healthy Pregnancy Program?

If you enrolled in the Healthy Pregnancy Program last year and chose a new medical plan administrator for 2019, remember to contact your new medical plan administrator to continue participating in the program.

How Add-In Coverage Works

When you enroll in the Bind plan, you receive what’s called Core coverage. This coverage includes primary and specialty visits, urgent and emergency care, chronic conditions, maternity care, prescription drugs, and more. Then, at any point during the plan year, you have the option to buy Add-In coverage if your needs change. Use Add-Ins to cover 31 select plannable procedures, including spinal fusion, knee replacement, and bariatric surgery. See a full list of specific procedures here (Access code: Medtronic2019).

If you need to purchase Add-In coverage, you can do so on the Bind app or website in advance of the treatment or procedure. You can also utilize a supportive customer service Help Team. Add-In coverage includes an additional copay to the provider and a set number of ongoing, pre-tax payroll deductions, so you pay for the additional coverage over time.

See the next page for more information about the Bind app.

Get the Best out of Bind

Use these resources to make the right healthcare decisions and get the most out of your plan through the year.

  • Watch this video, for an in-depth look at how Bind works.
  • Check in with Priyah, Josh, Vanessa, and Marco from the Getting Ready for Bind Employee Examples on the left-hand navigation under Resources and see what plan they choose and how it works for them in 2019.
  • Visit mybind.com/medtronic to access your online tools and resources.
  • Call the customer service Help Team at 833-576-6493 from 6 a.m.–8 p.m. CT, Monday – Friday if you have any questions about coverage, treatment costs, or to review your options.

Your Plan at Your Fingertips

The My Bind app puts your medical plan in the palm of your hand — making it easy for you, and your covered family members over the age of 13, to take control of your health and your plan. With the app, you can:

  • Check your coverage, cost, and treatment options
  • Find the nearest network provider who meets your needs
  • Discover low cost options for care you're considering
  • Access your ID card and medical and prescription drug claims
  • Add coverage for 31 plannable procedures at any time during the year
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