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Fiscal Year 2014 Annual Enrollment Update What HR Liaisons Should Know. June 27, 2013. Overview. Premiums & Plan Design. Health premiums will go down for many employees No plan design change to A&M Care health plan Premiums for optional plans to remain flat
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Fiscal Year 2014 Annual Enrollment Update What HR Liaisons Should Know June 27, 2013
Premiums & Plan Design • Health premiums will go down for many employees • No plan design change to A&M Care health plan • Premiums for optional plans to remain flat • No plan design changes to optional plans
Medicare Coordination • Current Rules – A&M plan primary for working any portion of month • New Rules – starting 9/1/2013 • A&M plan primary only if the position the working retiree holds would otherwise be considered benefits eligible • Will help resolve Medicare coordination issues • Requires Medicare enrollment when Medicare primary • Eligibility for 65+ plan only if Medicare primary
Final Reminders B E N E F I T S
Final Thoughts • Annual enrollment – July 1st through 31st • Increased communications with assistance from HR Liaisons • Refer employees to Benefits Services • Changes to the Grad Student Plan • Changes to Medicare coordination for working retirees • Access resources available on website
How may we help you? Sarah Tobola Employee Benefits Manager 979-862-4956 S-tobola@tamu.edu