Welcome to YOUR 2013 Benefits Open Enrollment!
It is time again for employees to select benefit options for the coming year. Your benefit open enrollment website will aid you in selecting benefit options that fit your specific needs.
Open enrollment will run October 22 through November 5th. During this time, employees can make changes to and enroll in a number of benefits, including health, dental and vision insurance; Get Healthy Now; and dependent care and health care flexible spending accounts.
No changes in our health plan coverage, co-pays or deductibles.
There will be a premium increase across all health plans.
The Cardinal Care Health Plan option will be closed to new enrollees. If you are currently enrolled, you have the option to remain in this plan for 2013. In 2013, the Cardinal Care Plan will have an out-of-network benefit for any provider in the United Healthcare Choice network. The plan pays 60% for the out-of-network benefit and member responsibility will be 40%.
Dental and Vision benefit plans and premiums will have no changes.
You must enroll every year for a voluntary Flexible Spending Account (health care and/or dependent care).
For 2013, the maximum annual employee contribution limit for a Health Care Flexible Spending Account (FSA) is $2,500 due to health care reform law. If you waive health insurance and have your university waiver contribution allocated to a health care flexible spending account, this does not affect the $2500 annual limit.
If you waive health insurance and you want your waiver dollars in a dependent care account, you must enroll in a Dependent Care Flexible Spending Account.
To enroll in Get Healthy Now and earn the $40 monthly premium incentive, you must complete a new Health Risk Assessment between Oct. 22 and Nov 22. If you waive UofL's health insurance you can still participate.