Morgan Stanley

Resources for Employees Affected by Hurricane Michael

If the storm hits your area as forecasted, the following programs will become available to affected employees. If you don’t find what you need, please call your manager to help us understand how we might help you. 

Please note: Certain benefits will only become available if state, local and federal governments declare your area of residence eligible for assistance from the Federal Emergency Management Agency (FEMA).

Emergency Funds Relief Program

The Emergency Funds Relief Program is now in effect for eligible employees. Visit the FEMA website to find out if your county is in a Disaster Declaration Zone.

Eligible employees who have experienced a catastrophic loss and need short-term basic necessities (e.g., food or clothing that would not otherwise be reimbursable by insurance or any other payment method) may apply for a cash payment from the Firm. An example includes extensive damage to the employee’s home rendering it uninhabitable for an extended period of time due to a natural disaster.

Please contact your HR Representative or manager for additional information on the policy and the application. Email completed applications to Andrea Cioffi at Applications will be reviewed promptly.

Counseling and Support

Employees and their family may speak confidentially with a professional counselor – day or night – about stress, financial or family issues, at no cost.

Call Humana 24/7 at 866-248-7640.

Temporary Housing

If you have immediate housing needs, please contact your manager, or contact BridgeStreet for short-term housing needs at

Medical Care

For employees enrolled in the Firm’s Medical Plan through Cigna or UnitedHealthcare, both in-network and out-of-network emergency care will be covered at 80% once the employee has met their annual deductible. This is an enhancement to the usual Plan rules, which typically pays 60% for out-of-network emergency care after the deductible is met.

For details, call 24/7:

  • Cigna – 800-CIGNA24 (244-6224)
  • UnitedHealthcare – 888-332-8891

Prescription Drugs

For employees enrolled in the Firm’s Medical Plan through Cigna or UnitedHealthcare, OptumRx will:

  • Allow early refills
  • Waive preauthorization requirements for most 30-day refills
  • Allow maintenance and specialty drugs to be filled at a local retail pharmacy without penalty

For details, call OptumRx at 1-855-855-8757.*

*  Employees enrolled in Medical Plan Option C with Cigna should call Cigna at 1-800-244-6224.

Vision Services

If an employee’s prescription eyewear or contacts were lost or damaged as a result of the natural disaster, VSP will reinstate the annual maximum benefit coverage available under the Firm’s plan, even if the employee has already exhausted it for the year.

Standard plan provisions (e.g., copays, coinsurance and discounts) apply based on whether the employees uses an in-network or out-of-network provider.

Important: Employees not enrolled in the Firm’s vision plan may contact their local American Red Cross chapter and request a VSP eye care voucher, which will allow them to select from certain VSP-branded frames valued at up to $115, plus standard lenses, at a VSP provider.

For details, call VSP at 1-800-877-7195.

Benefits Advocates

These specially trained professionals can help employees with medical billing, locating specialists, scheduling appointments and claims advocacy. Employees and their families can call with questions about health care coverage, help filing a claim, if they believe they’ve been billed incorrectly by a health care provider, or to learn more about the Firm’s many employee programs.

877-MSHR-411 (674-7411)
Say “Benefits Advocates” when prompted
8 am to 7 pm Eastern, weekdays

8 am to 7 pm Eastern, weekdays

401(k) Plan

Employees may request the following distributions:

  • Loan – the maximum loan is the lesser of $50,000 minus your highest outstanding loan balance, if any, within the last 12 months or 50% of your vested balance.
  • Non-Hardship Withdrawal – available to employees older than age 59 ½ and is subject to income tax.
  • Hardship Withdrawal – for the costs to repair hurricane-related damage to their principal residence. Employees must have an outstanding loan from the 401(k) Plan to be eligible. Subject to income tax and may include a 10% early distribution tax if the employee is less than age 59 ½.

For details:

  • Call 1-877-674-7411 and say “401(k) and pension” and then “Morgan Stanley 401(k)” when prompted. 9 am to 7 pm Eastern, weekdays.
  • Or, on the Benefit Center website: click Savings & Retirement | 401(k) Savings Plan | Withdraw or Rollover Money

Consultations and Document Review through Hyatt Legal Plans

Through December 31, 2018, Morgan Stanley employees and any spouse, domestic partner or dependent child up to age 26 affected by the natural disaster are eligible for complimentary legal consultations and document review services through Hyatt Legal Plans. Consultations may be by phone or in the office of an attorney from the Hyatt Legal Plans network.
Please note that only storm-related legal matters are eligible. Business and employment related issues are excluded.

How to Access the Service

Call the Hyatt Legal Plans Client Service Center at 1-800-821-6400 (8 am to 8 pm, Eastern, weekdays). You will be asked to identify your employer, provide the last four digits of your Social Security number or your full MSID, and indicate that you are interested in document review and/or consultation services related to the natural disaster.

* This offer is available regardless of whether you are currently enrolled in Morgan Stanley’s group legal plan

MetLife Home & Auto

File a Claim by Phone, Fax or Email

If you need to file a property claim:

If you have a flood policy and need to file a flood claim:

Benefits Information (Claims Forms, Etc.)

HR Services Representatives
877-MSHR-411 (674-7411)
9 am to 7 pm Eastern, weekdays

Benefit Center Website

Bright Horizons Backup Day Care

If the Bright Horizons backup childcare center in the employee’s area is…

  • Open – The standard copay of $20 per child, up to a $35 maximum per family, applies.
  • Not open due to the natural disaster, Bright Horizons will reimburse employees (up to $100 per day) who arrange for backup care from a relative, babysitter, friend, etc. Pre-registration is required. Bright Horizons has activated this program for Florida, Georgia, North Carolina and South Carolina. Activation will start Tuesday, October 9, and end Tuesday, October 16.

Note: In either case, call to register first. Also, the fair market value of these services paid by the Firm on the employee’s behalf will be considered taxable income, as usual. Additionally, if the employee contributes to a Dependent Day Care Flexible Spending Account, the annual contribution will also be reflected on the employee’s Form W-2. If the total of those two amounts exceeds $5,000, the amount over $5,000 will be considered taxable income.

For details, call Bright Horizons 24/7 at 1-877-242-2737.

Car Rental Discounts

If you need to temporary transportation, please contact your manager for the Firm’s car rental discounts.

Preparing for an Evacuation

When an evacuation order is issued, you may not have much time to prepare. The New York Times has prepared a checklist to help you prepare yourself, your family and your property before and after the storm hits.