Open EnrollmentOpen Enrollment

• When is open enrollment?When is open enrollment?– Starts Monday, April 14Starts Monday, April 14thth & ends Friday, May 2 & ends Friday, May 2ndnd

• Online via Esther – Online via Esther – http://esther.rice.eduhttp://esther.rice.edu

• Information sessions in the Kyle Morrow Room (Library):Information sessions in the Kyle Morrow Room (Library):– Today, April 8Today, April 8thth from 2 - 3 pm from 2 - 3 pm– Thursday, April 10Thursday, April 10thth from 9 – 10 am from 9 – 10 am

• Rice Fest is Thursday, April 17Rice Fest is Thursday, April 17thth in the RMC/Ley Student in the RMC/Ley Student CenterCenter– Talk with carriersTalk with carriers– Ask benefits staff questionsAsk benefits staff questions– Can complete online enrollmentCan complete online enrollment– Free chair massage (but long lines!)Free chair massage (but long lines!)– Free cholesterol screeningFree cholesterol screening

Open EnrollmentOpen Enrollment

• Who needs to enroll this year?Who needs to enroll this year?– As always, only employees who are As always, only employees who are

making changes or wish to making changes or wish to continue continue flexible spending accountsflexible spending accounts

• Can people enroll remotely?Can people enroll remotely?– Yes!Yes! Esther is accessible from any Esther is accessible from any

internet connection, 24/7internet connection, 24/7

• Changes are effective July 1Changes are effective July 1stst

Open EnrollmentOpen Enrollment

• Benefits team will be available during open Benefits team will be available during open enrollment to answer questions and assist with enrollment to answer questions and assist with actual enrollment if needed:actual enrollment if needed:– Employees can make appointments with HR staff.Employees can make appointments with HR staff.– Drop by Allen Center Room 330Drop by Allen Center Room 330

• Packets mailed the end of this week (~ April Packets mailed the end of this week (~ April 1111thth) via campus mail) via campus mail– Packets will include Esther ID & PINPackets will include Esther ID & PIN

• Please forward packets to employees who are Please forward packets to employees who are not on campus as quickly as possible (or point not on campus as quickly as possible (or point them online to the benefits website)them online to the benefits website)

2008-2009 Benefits - 2008-2009 Benefits - MedicalMedical• Same medical plans:Same medical plans:

– HMO, Flexplan (POS), PPO & CatastrophicHMO, Flexplan (POS), PPO & Catastrophic

• All plans still administered by AetnaAll plans still administered by Aetna• No plan design changesNo plan design changes• A 2.3% rate increase across all plans for A 2.3% rate increase across all plans for

employees and for Rice (12 month salary):employees and for Rice (12 month salary):– Some sample rate increases include:Some sample rate increases include:

• HMO, employee only = $1 more per paycheckHMO, employee only = $1 more per paycheck• POS, employee + children = $7 more per paycheckPOS, employee + children = $7 more per paycheck• PPO, employee + family = $19 more per paycheckPPO, employee + family = $19 more per paycheck

2008-2009 Benefits - 2008-2009 Benefits - MedicalMedical• Why is the increase so low for next year?Why is the increase so low for next year?

– We like to think that the wellness program is We like to think that the wellness program is working (but cannot prove it yet)working (but cannot prove it yet)

– We are experiencing a better-than-expected We are experiencing a better-than-expected claims costclaims cost

• What can we do to keep this trend in What can we do to keep this trend in place?place?– Stay as healthy as we can!Stay as healthy as we can!– Go to the doctor when you need to go, and get Go to the doctor when you need to go, and get

all of your preventive screeningsall of your preventive screenings

2008-2009 Benefits - 2008-2009 Benefits - WellnessWellness• The healthier we stay, the lower our The healthier we stay, the lower our

medical plan costs!medical plan costs!• Continuing the screenings for 2008-2009Continuing the screenings for 2008-2009• Coaching available to eligible employeesCoaching available to eligible employees

– Based on the results of the spring semester Based on the results of the spring semester screeningsscreenings

• Part-time wellness contractor on campus Part-time wellness contractor on campus to help starting July 1to help starting July 1

2008-2009 Benefits - Dental2008-2009 Benefits - Dental

• Same dental plans:Same dental plans:– United Concordia Indemnity Dental PlanUnited Concordia Indemnity Dental Plan– Aetna DMOAetna DMO

• United Concordia plan is getting higher annual United Concordia plan is getting higher annual maximums:maximums:– $1,500 per person annual maximum (versus $1,000)$1,500 per person annual maximum (versus $1,000)– $1,500 child orthodontia maximum$1,500 child orthodontia maximum– Other minor plan changes (exam frequency and Other minor plan changes (exam frequency and

pregnancy benefit)pregnancy benefit)• Slight rate increases (5%-9%)Slight rate increases (5%-9%)• New 50% dental subsidy for employees earning New 50% dental subsidy for employees earning

less than $35,000 (as of April 1 of each year, on a less than $35,000 (as of April 1 of each year, on a full-time equivalent basis)full-time equivalent basis)

• Look for other dental wellness initiatives like Look for other dental wellness initiatives like dental vans/screenings on campus & dental dental vans/screenings on campus & dental health educationhealth education

2008-2009 Benefits - Other2008-2009 Benefits - Other

• Other benefits remain the same (or better!):Other benefits remain the same (or better!):– Life insurance – rates decrease for 2008-2009Life insurance – rates decrease for 2008-2009– Accidental Death & Dismemberment (AD&D)Accidental Death & Dismemberment (AD&D)– Short-Term Disability – now with UnumShort-Term Disability – now with Unum– Long-Term Disability – now with UnumLong-Term Disability – now with Unum– Long-Term CareLong-Term Care– Flexible Benefits (still with WageWorks)Flexible Benefits (still with WageWorks)

• Medical Spending Account ($5,000 max, per employee)Medical Spending Account ($5,000 max, per employee)• Childcare Spending Account ($5,000 max, per family)Childcare Spending Account ($5,000 max, per family)

– Other voluntary benefits through Answer FinancialOther voluntary benefits through Answer Financial• Auto, home, and even pet insuranceAuto, home, and even pet insurance

Benefits RemindersBenefits Reminders

• Update beneficiary information!!!Update beneficiary information!!!– Life InsuranceLife Insurance– AD&DAD&D– TIAA-CREF and FidelityTIAA-CREF and Fidelity

• Life Insurance and AD&D age limits for dependent Life Insurance and AD&D age limits for dependent children increasing to age 25 regardless of children increasing to age 25 regardless of student statusstudent status

• Please review your benefits each year – our lives Please review your benefits each year – our lives change and you should make sure your benefits change and you should make sure your benefits match your current needsmatch your current needs

• Look at the other great benefits we ALREADY Look at the other great benefits we ALREADY HAVE AVAILABLE on the handout on your table (it HAVE AVAILABLE on the handout on your table (it will also be in your packet)will also be in your packet)