Transcript Slide 1

OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Option Period
Benefits Enrollment
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
All State Employees Are Required To:
Choose a health and dental plan
Enroll in basic life insurance ($20,000)
Enroll in disability insurance
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
All State Employees may Choose to:
Enroll in Vision Benefits
Enroll in Supplement Life & Dependent Life
Insurance
Add Dependent Coverage (health, life, dental
& vision)
PLAN YEAR 2008
These are optional benefits
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
TWO
WAYS TO complete
your ENROLLMENT
Online enrollment - Fast, easy, and available 24
hours a day. Enroll online through midnight
November 2, 2007 at www.ebc.state.ok.us. Use the
handy Benefits Calculator.
or
Paper Enrollment - Your Benefits Coordinator will
provide you with your paper enrollment form.
Complete, sign, date the form and return it to your
Coordinator prior to your Coordinator’s established
deadline.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
BENEFITS CALCULATOR
1907-2007
A Unique History. An Extraordinary Future.
Use the Online
Benefits
Calculator to see
how different
benefit elections
affect your takehome pay.
Select the Easy
Plan Calculator
link on the EBC
Home Page.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Join the Revolution! Enroll Online
•Locate your Welcome/Password letter
•Have your USER ID and password ready
•Log on to www.ebc.state.ok.us
•Find the login section in the upper right corner
•Enter your User ID and password
Enroll Online at www.ebc.state.ok.us
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
ONLINE ENROLLMENT PASSWORD
LETTER
1907-2007
A Unique History. An Extraordinary Future.
Log onto
www.ebc.state.ok.us
Locate User ID on
letter
Employee ID used (no
longer using social
security number)
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
Type your
ID and
Password
here for
Online
Enrollment
A Unique History. An Extraordinary Future.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Paper Enrollment Tips
•
•
•
•
Make your selections
Sign and date your Enrollment Form
List dependents on back of form
Complete separate form for Supplemental
Life (Additional documentation may be
required)
• Check with your Benefits Coordinator for the
deadline to submit your enrollment form
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
ENROLLMENT PAPER
FORM
1907-2007
A Unique History. An Extraordinary Future.
Add or drop your
dependent coverage in
plans by completing
the back side of the
paper enrollment form.
Remember! If you
cover one dependent,
you must cover all
dependents.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
MATERIALS FOR PLAN
YEAR 2008
1907-2007
A Unique History. An Extraordinary Future.
You should have the following materials:
Benefits Enrollment Guide 2008
Health Plans Comparison Guide 2008 (Gold Booklet)
Provider Guide 2008
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
You should also have
the
A Unique History. An Extraordinary Future.
following:
Paper Enrollment Form
BAS Letter with User ID
and password
Online Enrollment BAS
brochure
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Enrollment Options
Premium Conversion = Tax
Savings
You will be automatically enrolled in premium conversion
unless you choose “no” during online enrollment or on
your paper form
– Nearly 97% of employees currently choose premium
conversion
– You pay NO TAX on eligible insurance premiums
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
HEALTH PLAN OPTIONS
Health Plan options available for 2008 include:
HealthChoice High
HealthChoice Basic
HealthChoice S-Account
Aetna Standard HMO
Aetna Alternative HMO
CommunityCare Standard HMO
CommunityCare Alternative HMO
GlobalHealth Standard HMO
GlobalHealth Alternative HMO
PacifiCare Standard HMO
PacifiCare Alternative HMO
THE
TRICARE SUPPLEMENT
DOES NOT RETURN
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
HMO PLAN OPTIONS
All HMO carriers return with NO CHANGE
in the Standard and Alternative plan
designs.
Check your Enrollment Guide for the new
2008 coverage areas and premium rates.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
HEALTHCHOICE PLAN CHANGES
• All HealthChoice plans will no longer require a six month
waiting period for pre-existing conditions.
• Pre-certification of specific diagnostic imaging services
will be required or a penalty will apply.
• Prior authorization for smoking cessation drugs will no
longer be required. Limit of two treatment cycles per
year.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
NEW HealthChoice High
Deductible Health Plan
HealthChoice S – Account
$1,500 Single Deductible
$3,000 Family Deductible
Important! Requires verification that a Health Savings Account
has been opened at the financial institution of your choice.
Verification must be received by December 15, 2007 or
enrollment will default to previous year’s enrollment elections.
You will lose Flexible Spending Account enrollment.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
HealthChoice S-Account limits
include:
• No participation in Flexible Spending HealthCare
Account
• Not eligible to elect S-Account if participating in
spouse’s Flexible Spending HealthCare Account
• Please carefully read the introduction to the plan
on page 6 of the Enrollment Guide and review the
Health Plan Comparison Booklet
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Be sure to look at your Gold Health Plan
Comparison Booklet carefully to review all health
plan designs offered.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
RETIRED MILITARY OPT-OUT
Federal legislation has changed the Retired
Military Opt-Out rule. TRICARE Supplement
Insurance will no longer be available.
See page 5 of your Enrollment Guide.
www.ebc.state.ok.us/en/Benefits/Militaryoptout/
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
DENTAL PLAN OPTIONS
•Seven plans available for 2008
Assurant Heritage Prepaid
Assurant Secure Prepaid
Assurant Freedom PPO
CIGNA Prepaid Dental
Delta’s Choice
Delta Dental PPO - POS
HealthChoice Dental
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
DENTAL PLANS
• Annual maximum benefit has increased to
$2,000
• Annual orthodontic benefit minimum has
increased to $1,800
• Prepaid Plans: Must choose primary care
dentist from network, copayment required for
services
• Traditional plans: (HealthChoice and Delta
Dental) have statewide network, share costs
through co-insurance plan design
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
New Dental Plan Available
Assurant Secure Prepaid
Lower premiums
Moderately higher copays
Must choose a primary care dentist in-network
Check rates and plan designs for all dental carriers on pages 8 & 9 of
Enrollment Guide
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
VISION PLANS
All five vision plans return this year. Coverage is provided
by the following:
CompBenefits
Primary Vision Care Services (PVCS)
Spectera
Superior Vision Services
Vision Service Plan (VSP)
Be sure to make an enrollment election if you want to change your vision
carrier or do not want vision in 2008.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
BENEFIT ALLOWANCE
State employees receive a generous benefit allowance from the
State that offsets premium costs. The benefit allowance amounts
for 2008 are as follows:
Benefit Allowance
Monthly
Employee Only
Employee + Child
Employee + Children
Employee + Spouse
Employee + Spouse + Child
Employee + Spouse + Children
$554.48
$799.56
$889.92
$1,107.89
$1,352.97
$1,443.33
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
FLEXIBLE SPENDING ACCOUNTS
For expenses not covered by your health plan,
use a Flexible Spending Account. This is a
great way to fund out of pocket expenses and
receive tax savings.
Two types are available:
• Health Care Account
• Dependent Care Account
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Use a Debit Card for most eligible
FSA expenses! Just swipe the card
to pay!
Convenient and Free!
Enroll for debit card during online
enrollment or check “yes” on paper
form.
Had a card last year and want to use
it again in 2008?
Check “yes” online or on paper, and
use the same card you presently
have.
Debit card is only available when
participating in a Flexible Spending
Account.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
The Health Care Account maximum
contribution is $350 per month. Contribute
as little as $10 per month.
Dependent Care Account minimum monthly
contribution is $50. The maximum monthly
contribution is $416.66.
www.ebc.state.ok.us
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
You also have additional time to incur eligible expenses.
Eligible expenses can be incurred until March 15th after the
end of the Plan Year.
To estimate your
eligible expenses use
the online FSA
calculator on EBC’s
web site –
www.ebc.state.ok.us
or visit
www.mybenny.com
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
SUPPLEMENTAL LIFE
Coverage available in $20,000 units.
$300,000 maximum or 5x salary, whichever is
LESS.
Complete Life Application Form & send
directly to address on form.
Deadline for submission is postmark of
November 9, 2007
Salary verification required for increases in
coverage PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
DEPENDENT LIFE
Premier Option
$20,000 spouse/$10,000 ea child/$1,000 newborn to 6
months
Standard Option
$10,000 spouse/$5,000 ea child/$1,000 newborn to 6
month
Low Option
$6,000 spouse/$3,000 ea. Child/$1,000 newborn to 6
months
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
DISABILITY INSURANCE
Monthly Maximum Disability Income for Shortterm disability is $2,500 per month
Monthly Maximum Disability Income for Longterm disability is $3,000 per month
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
OK HEALTH Mentoring Program
Enroll in a free program to assess your health and receive up
to 23 visits free with a professional mentor.
Your agency may provide an additional financial incentive to
participate.
Enroll online at www.ebc.state.ok.us/en/okhealth
If you are already enrolled, you do not need to enroll again.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Important Notes
• This is the time of year to add or drop dependents from coverage. Remember: If
you cover one dependent, you must cover all dependents for that benefit election.
• Your benefit choices and dependent elections are irrevocable. Changes after
Option Period are only allowed if you qualify for certain events described by the
IRS.
• When selecting a benefits plan, remember that you select the plan, not your
doctor. If your doctor ceases to participate in your plan’s network during the Plan
Year, you will not be able to switch plans. You will, however, be able to choose
another doctor.
• Your enrollment materials contain valuable phone numbers and web site
addresses.
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
Important Notes
• To participate in a health care or dependent care
reimbursement account, you must re-enroll each year.
• Choose only one method of enrollment – Online or Paper
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
1907-2007
A Unique History. An Extraordinary Future.
ENROLLMENT IS IMPORTANT!
Be sure to enroll on time. Take your enrollment seriously. Failure to enroll
may have consequences you didn’t intend.
If you fail to enroll, your medical, dental and vision plan elections will remain
the same as your 2007 elections.
Elections for Flexible Spending Accounts terminate if you fail to enroll.
You will automatically be enrolled in Premium Conversion
Enroll Online at www.ebc.state.ok.us
Make your elections on or before November 2, 2007
PLAN YEAR 2008
Prepared by the Employees Benefits Council
OKLAHOMA
Remember the BENEFITS
1907-2007
A Unique History. An Extraordinary Future.
CALCULATOR!
Use the Online
Benefits
Calculator to see
how different
benefit elections
affect your takehome pay.
Select the Easy
Plan Calculator
link on the EBC
Home Page.
PLAN YEAR 2008
www.ebc.state.ok.us
Prepared by the Employees Benefits Council
OKLAHOMA
ENROLL ONLINE!
1907-2007
A Unique History. An Extraordinary Future.
Login to enroll
Online on or after
October 8th.
Option Period
Runs from
October 8th
through November
2nd or your
agency’s deadline
PLAN YEAR 2008
Prepared by the Employees Benefits Council