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Contributions during New Plan Year
|
Account Type |
Time frame to incur expenses |
Deadline to submit claims |
Health Care, Dependent Care |
July 1, 2006–September 15, 2007 |
September 30, 2007 |
As of this year, the deadline for incurring expenses has been extended for the Health Care Pre-Tax Expense Account. Next year, the deadline extension will apply to both the Health Care and Dependent Care Accounts.
Visit the Human Resources website at www.hr.upenn.edu/benefits/ pretax/default.asp for more information on the Pre-Tax Expense Accounts including listings of eligible expenses and instructions on how to file a claim. Or call the Penn Benefits Center at 1-888-PENNBEN (1-888-736-6236), Monday through Friday, 8 a.m. to 6 p.m. (select Option 3).
Open Enrollment is now over, and any changes you’ve made will take effect on July 1, 2006. Even if you didn’t make any changes, new deduction rates will apply for the new plan year. Keep in mind that your new deduction rates for all benefits plans other than Pre-Tax Expense Accounts will start in June. New contributions for the Pre-Tax Expense Accounts will begin in July. Visit the Human Resources website at www.hr.upenn.edu/benefits/default.asp to view rates for the new plan year.
As of July 1, 2006, Penn’s vision coverage will be provided through the new Davis Vision plan. It’s important to note that your current vision provider may or may not be a participating member of the new plan. You can use any provider you wish, but you’ll receive a higher level of coverage when you use one that participates in the network. So, talk to your current provider to find out if they participate in the Davis Vision network. If not, you may want to look for one that does.
The Davis Vision plan is administered by Independence Blue Cross. To find a network provider, call (215) 241-2990 or 1-800-841-1992 or go to www.ibx.com/vision. Note that the Scheie Eye Institute is a participating provider in the Davis Vision network.
For more information about Penn’s vision coverage, visit www.hr.upenn.edu and click on “Vision” under the Benefits section.
—Division of Human Resources