Transcript State of Florida Open Enrollment October 1st – 26th Presented by Human Resources - Benefits 590-1400 2007 edition.

State of Florida
Open Enrollment
October 1st – 26th
Presented by
Human Resources - Benefits
590-1400
2007 edition
Purpose
 Employees
can make any changes to
their pre-tax insurances – Health, Life,
FSA, Dental, Other Supplemental
Coverage
 Post-tax
insurance (i.e., coverage
through The Gabor Agency) or
Retirement is not included.
FGCU - Benefits Section
Insurance Topics
 Making
changes/enroll
 Several plans being eliminated
 New providers being added
 Resources
FGCU – Benefits
People First
 All
enrollments/changes must be
made through People First (Benefits
Administrator).
 All enrollments/changes must be
made by 5:30pm on October 26th.
 UserID and password required for
changes (Service Center 866.663.4735)
FGCU – Benefits
People First Cont.
 Ways
to enroll/make changes through
the People First system:

Online
• https://peoplefirst.myflorida.com
• Make changes anytime

Service Center
• 1.866.663.4735
• Available Monday – Friday, 8:30am – 5:30pm

Paper Enrollment Forms
• Available online or through the Service Center
FGCU – Benefits
Confirm Changes

How do I know my changes went into effect?

People First confirmation statements
• Instant online statements (web enrollment)
• Home mailings (after Open Enrollment has ended)
• Erroneous information – call People First immediately!
th by 5:30pm
 Deadline: Friday, November 9

Changes made during Open Enrollment will
go in effect January 1, 2008.

Review FGCU paycheck (Dec. 7th)
FGCU – Benefits
Changes?
Health Insurance

Same Premiums Available:



Same Providers Available:



Standard: $50/mth Individual, $180/mth Family
Health Investor: $15/mth Individual, $64.30/mth
Family
PPO - Blue Cross/Blue Shield
HMO - AvMed or United Healthcare
TriCare Supplement will no longer be available
after December 31, 2007!


Must select option from PPO, HMO or no provider
If no change made, employees will default to PPO
FGCU – Benefits
Reimbursement Accounts /
Health Savings Accounts
Please review current election!
Must select annual amount when enrolling
(deductions based on number of paychecks)
 FSA – “Use it or lose it”




Used with the Standard Health Plans
HSA – “Rolls over”


Used with the Health Investor Health Plan
New employee contribution maximums
• $2900 (individual) and $5800 (family)
• No change in employer contribution maximums
• Employee catch-up provision of $900 (age 55+)
FGCU – Benefits
Life Insurance






New vendor: Minnesota Life
Policy: Group Term, incl. Accidental Death &
Dismemberment
Plan: Core benefits unchanged
Enhancements: Will preparation &
Beneficiary financial counseling
Value: Basic, 1.5x annual salary
Optional, 1-5x annual salary
Beneficiary: Must submit new beneficiary
designation form to provider (available
through People First)

Default to spouse, child, parents, or estate
FGCU – Benefits
Vision Insurance

No vision insurance available during the
2008 Plan Year


Current coverage will end 12/31/2007
Deductions will end after 11/21/07 paycheck
Suggestion: Enroll/increase Flexible Spending
Accounts for eye exams, glasses and/or
contact lenses
 Vision screenings available as preventive
benefit under PPO and HMO providers
(through co-pay) and discounts given on
glasses and contacts


Check with carrier for specific rates and products
FGCU – Benefits
Dental Insurance

Nine Available Options:

Pre-paid (DHMO)
• American Dental Plan, Assurant (Denticare), Cigna,
CompBenefits & United Healthcare (Starmark)

Dental PPO (DPPO)
• CompBenefits

Indemnity
• Ameritas, Assurant (Denticare), CompBenefits

Coverage through Oral Health Services (DHMO &
DPPO) will end 12/31/07


You will default to CompBenefits or United unless you make
an active election(default selection made by People First)
You will default to new DPPO plan under CompBenefits
unless you make an active election.
FGCU – Benefits
Dental Cont.

Pre-paid/DHMO


DPPO


Low out-of-pocket costs, limited provider
freedom (network only)
Higher out-of-pocket costs, more provider
freedom (in-network vs. out-of-network)
Indemnity


Higher out-of-pocket costs, complete provider
freedom (no network)
Pay for services up front, file for reimbursement
FGCU – Benefits
Dental Cont.

New tier system:





Employee (EE)
EE + Spouse
EE + Child(ren)
Family
Employees currently enrolled in any
coverage level (other than employee
only) and no change is made, coverage
will default to the family tier level
regardless of the number of dependents.
FGCU – Benefits
Did You Know?
 Select
dental plans provide discounts
for vision services:




American Dental Plan
Assurant (Denticare)
CompBenefits
United Healthcare (Starmark)
 For
more information, please contact
the provider directly.
FGCU – Benefits
Supplemental Insurance
 Hospitalization,
Cancer/Intensive Care,
Accident/Disability, Optional Life


If enrolling, please complete additional
paperwork or meet with a company
representative.
Enrollment not complete until People
First/Insurance Company approves
underwriting.
FGCU – Benefits
Suppl. Insurance Cont.
Colonial is offering guarantee issue on their
short term disability plan.
 Benefit: 66 2/3% of salary (limit $3000/mth)
for a max of 24 months
 Pre-existing conditions not covered during
the first 12 months of coverage, but full
coverage provided from the second year
through age 70.
 Contact: Sydney Sewell to enroll


239-463-4611 or [email protected]
FGCU – Benefits
Suppl. Insurance Cont.

Alta is offering an addition to the 365 Plus
HMO supplemental hospitalization plan


PPO suppl. plans available: 30/20 or Preferred
Provider Plus
Choose hospitalization coverage to help
pay for out-of-pocket expenses not covered
by health insurance

Hospital deductible, room & board, co-pays, etc.
To enroll, complete application (found in
brochure) and enroll through People First
 Vision discount offered (including eye exam,
glasses and contacts)

FGCU – Benefits
Other Available Plans
 Hospital

Income
Philadelphia American
 Cancer/Intensive

AFLAC & Colonial
 Accident

Care
Insurance
Colonial
 No
change in core benefits
FGCU – Benefits
State of Florida Resources
 People



First Service Center
Monday – Friday, 8:30am – 5:30pm
866.663.4735
https://peoplefirst.myflorida.com
 State/DMS

Resource
http://www.myflorida.com/mybenefits
FGCU – Benefits
FGCU Benefits Resources
Human
Resources
Online:
Open
Enrollment
Links
www.fgcu.edu/HR/
click Benefits
Benefits Office:
M-F, 8a – 5p
239-590-1400
[email protected]
FGCU – Benefits