A Reimbursement for Healthcare Benefits |
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October 29, 2013, Volume 60, No. 11 |
If you were a participant in a Penn medical, dental and/or vision care plan at the end of the plan year ending June 30, 2013, you will receive a reimbursement of your June 2013 healthcare benefits in your paycheck this week.
Effective July 1, 2013, Penn made some policy changes to prepare for upcoming requirements under the Affordable Care Act (health care reform). Our initial method of administering these changes proved to be more complex than expected, so—after discussion with key members of the University community—we’ve decided to make adjustments. And that means you may receive a reimbursement for the cost of one month of your healthcare benefits.
If you were a participant in a Penn medical, dental and/or vision care plan as of June 30, 2013, you’ll receive a reimbursement equal to your June 2013 payroll healthcare deduction. The reimbursement will be provided to faculty and staff who were still employed as of September 30, 2013. Faculty and staff who left employment prior to that time are eligible for one month of continued benefits at no cost under COBRA.
If you’re monthly paid, you’ll see the reimbursement in your October 31st paycheck. If you’re weekly paid, you’ll see it in your November 1st paycheck (pay end date of 10/25/13); this will include all of your weekly June 2013 deductions in one paycheck.
The reimbursement will be administered as a credit to your existing deduction. That means your pay stub will display the net difference for each line item of medical, dental and/or vision coverage.
You do not need to take any action to receive your reimbursement; it will be processed automatically. If you want to verify the amount of your June payroll healthcare deductions, log into the U@Penn portal and click on “My Pay.” Select June 2013 and you’ll be able to view your June 2013 deductions for medical, dental and/or vision coverage.
Affected faculty and staff will receive a communication with additional details. If you have questions, please contact Human Resources at benefits@hr.upenn.edu
—Division of Human Resources
Related: October: Work and Family Month |