Open Enrollment Benefits Changes for 2012. AGENDA What’s New and Changing for 2012:  Health Insurance Carrier Options  Pharmacy Benefits  Dental Insurance.

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Presentation transcript:

Open Enrollment Benefits Changes for 2012

AGENDA What’s New and Changing for 2012:  Health Insurance Carrier Options  Pharmacy Benefits  Dental Insurance Premiums  Health Saving Accounts Limits

What’s New – Health  Previously, HMO members could choose from several providers.  Department of Management Services (DMS) - solicitation for the HMO Medical Plan and Pharmacy services.  DMS awarded contracts for HMO services on a county-by-county basis. Two (2) HMO providers for Miami-Dade, Broward and Palm Beach & St. Lucie counties will now be  AvMed and Coventry Healthcare.

What’s New – Health  United Healthcare (UHC) will no longer be an HMO provider for these counties.  All HMO members are required to elect a participating HMO provider for their county of residence/work, should they wish to continue in an HMO plan.  Default medical plan is Blue Cross/Blue Shield PPO plan (no change to current members).

What’s Changing - Pharmacy  New Prescription Benefits Manager (PBM): Medco (HMO & PPO Health Plans)  New ID Cards for Medco PBM  Walgreens will no longer be a participating pharmacy 

What’s Changing – Dental  Dental rates increasing O 7 th, 9 th, 14 th, 16 th and 18 th ptions PPOHMO CompBenefits 4054Cigna 4034CompBenefits Employee Only $ $ $ $ $ $ Employee+ Spouse $ $ $ $ $ $ Employee+Child(ren) $ $ $ $ $ $ Employee + Spouse +Child(ren) $ $ $ $ $ $ 69.06

What’s Changing: HSA Contribution Limits Increased Alta Health & Life: Now CIGNA Health and Life Insurance Company (CHLIC)

Life Insurance  Optional Life Insurance  1 time annual salary without providing proof of good health available during Open Enrollment

Important Dates  Open Enrollment: Nov. 7 th - Nov. 18 th Action Required: Update Address by Oct. 17th People First mailing open enrollment packet: Week of Oct. 24th People First ID Employee Self Service Changes effective 1/1/2012; deductions on 12/16/11 paycheck

People First website

Reset Your Password at People First

Set up your Security Questions

Log In & Go to Health Insurance

Go to Benefits Choices

Enroll and Click Complete Enrollment

HR.FIU.EDU

Important Dates  Open Enrollment Period Nov. 7th 8:00 am – Nov. 18th 6:00 pm  Enrollment Labs: MMC PC 416: 11/7, 11/9, 11/14, 11/18, BBC LIB 319: 11/7, 11/9, 11/14, 11/18,  One-on-One Sessions (Executives): MMC PC 224: 11/7, 11/8, 11/15 -11/18, Please RSVP

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