Benefits Open Enrollment

1. Benefits Open Enrollment April 13 – May 1, 2009

2. Open Enrollment • When is open enrollment? • Starts Monday, April 13th & ends Friday, May 1st • Online via Esther – http://esther.rice.edu • Rice Fest is Thursday, April 16th in the RMC/Ley Student Center • Talk with carriers • Ask benefits staff questions • Free chair massage (but long lines!) • Free cholesterol screening

3. Open Enrollment • Who needs to enroll this year? • As always, only employees who are making changes or wish to continue flexible spending accounts • Can people enroll remotely? • Yes! Esther is accessible from any internet connection, 24/7 • Changes are effective July 1st

4. Open Enrollment • Benefits team will be available during open enrollment to answer questions and assist with actual enrollment if needed: • Employees can make appointments with HR staff. • New location – great views! • Packets mailed Monday (~ April 13th) via campus mail • Packets will include individual Esther ID & PIN • Please forward packets to employees who are not on campus as quickly as possible (or point them online to the benefits website)

5. Medical • Same medical plans: • HMO, Flexplan (POS), PPO & Catastrophic • All plans still administered by Aetna • No plan design changes • A 5.0% rate increase across all plans for employees and for Rice: • Some sample rate increases include*: • HMO, employee only = $1.50 more per paycheck • POS, employee + children = $7.50 more per paycheck • PPO, employee + family = $21 more per paycheck * Twelve month salary.

6. Medical • Changes at Aetna include: • M.D. Anderson is now in-network for all plans (HMO and POS included) • HMO members who select Kelsey-Seybold for their PCP no longer need to stay within Kelsey-Seybold for their specialist care (although you will still need referrals for specialists except for well woman and routine eye exams) • Both of these items are effective today!

7. Wellness • The healthier we stay, the lower our medical plan costs! • Continuing the screenings for 2009-2010 • Coaching available to eligible employees • Based on the results of the healthy lifestyle screenings • Continuing Weight Watchers subsidy and we have a new leader on campus

8. Dental • Same dental plans: • United Concordia Indemnity Dental Plan • Aetna DMO • Same dental plan designs • Slight rate increases in the DMO (~5%) and a rate decrease for indemnity plan • Continuing 50% dental subsidy for employees earning less than $35,000 (as of April 1 of each year, on a full-time equivalent basis)

9. Flexible Spending Accounts • Flexible Benefits (still with WageWorks) • Medical Spending Account ($5,000 max, per employee) • Childcare Spending Account ($5,000 max, per family) • New plan year extension for this plan year • You now have until September 15, 2009 to incur expenses in both the medical and dependent care spending accounts – an extra 2 ½ months! • Please note that for the medical spending account, the WageWorks Visa card will only apply to the new plan year on July 1, 2009 • You have until November 30, 2009 to file for reimbursement for claims in the 2008-2009 plan year (now, July 1, 2008 through September 15, 2009) – but don’t wait until the last minute!

10. Other • Other benefits remain the same: • Life insurance – rates the same • Accidental Death & Dismemberment (AD&D) • Short-Term Disability • Long-Term Disability • Long-Term Care • Other voluntary benefits through Answer Financial • Auto, home, and even pet insurance • Travel Insurance • Tuition Benefits

11. Other • Retirement plan changes approaching • Retirement plan contributions will be sent weekly starting this summer • We will be adding Fidelity Investments to the Rice Retirement plan this summer • Look for more information on these enhancements soon…

12. Benefits Reminders • Update beneficiary information!!! • Life Insurance • AD&D • TIAA-CREF and Fidelity • Please review your benefits each year – our lives change and you should make sure your benefits match your current needs