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2012–2013 Benefits Open Enrollment

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March 27, 2012, Volume 58, No. 27

Benefits Open Enrollment, your annual opportunity to make changes to your healthcare elections, begins next month. This year’s Open Enrollment period will run from Monday, April 9 through Friday, April 20, 2012. Read on for a brief overview of details to help you prepare for the Open Enrollment process.

Making Changes During Open Enrollment

During Open Enrollment you need to determine if your current benefits still meet your needs or if you need to make a change, such as:

• Enrolling in a health care plan for the first time, or dropping an existing plan.
• Switching to a different medical, dental or vision plan.
• Increasing or decreasing your life insurance coverage.
• Changing how much you contribute to a Flexible Spending Account.
• Adding or dropping a dependent from your benefits coverage*.

* If you add a new dependent, you’ll receive a letter requesting that you provide verification of that dependent’s eligibility under Penn’s plan rules. You’ll also need to provide verification if you re-enroll a spouse/partner who had previously been covered.

When Changes are Effective

Changes made during Open Enrollment will be effective as of July 1, 2012. New rates for your existing medical, dental and vision plans will be reflected in your June 2012 paycheck. Any elected Flexible Spending Account and Health Savings Account payroll deductions will begin with your July 2012 paycheck.

Making Changes After Enrollment

The choices you make during Benefits Open Enrollment will remain in effect through June 30, 2013, unless you experience a qualifying event. Qualifying events include the birth or adoption of a child, marriage or domestic partnership, divorce or separation, death of a dependent, and change in your dependent’s eligibility for benefits. Keep in mind that the IRS limits the types of changes you can make for qualifying events. If you experience a qualifying event, please contact the Penn Benefits Center within 30 days at 1-888-PENN-BEN (1-888-736-6236), Monday through Friday, between 8 a.m. and 6 p.m. EST.

More Information

You can learn more about your benefits and options from the following resources:

  • Visit www.hr.upenn.edu where you can access plan summaries, benefit comparison charts, contribution charts and online provider directories. You can also use the Medical Plan Cost Estimator to estimate your total out-of-pocket costs under each of the available plans.
  • Contact the Penn Benefits Center at 1-888-PENN-BEN (1-888-736-6236), Monday through Friday, between 8 a.m. and 6 p.m. EST.
  • Contact Human Resources at benefits@hr.upenn.edu

Almanac - March 27, 2012, Volume 58, No. 27