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Benefits Bulletin: Fast Facts about Open Enrollment

  • Open enrollment is the time of year when eligible faculty and staff can enroll in or make changes to health benefits without having a qualifying event, such as marriage or birth, and enroll in flexible spending accounts. If you missed your opportunity to elect or change benefits, open enrollment is the time for you!
  • The IRS requires all participants in health care and/or dependent care flexible spending accounts to re-enroll in these benefits every year. If you wish to continue contributing pre-tax dollars to a flexible spending account(s), be sure to make your new election(s) for 2016.
  • TU faculty and staff enjoy benefit options from the USM and the state of Maryland. UNUM life insurance and long-term disability benefits are USM benefits and are excluded from the State of Maryland health benefits open enrollment.
  • Remember! New wellness program requirements begin January 1, 2016. More details will follow in future T3s.
  • Open enrollment packets will be distributed late September/early October. The packets will contain the 2016 benefits guide and instructions for using the Interactive Voice Response system if you wish to make changes to benefits during open enrollment.

 

Open Enrollment Picture

TU’s Annual Benefits Fair • October 9 • 10:30 a.m. – 2 p.m. • UU, Chesapeake Rooms

Open Enrollment • Begins October 15 • Ends November 16 • Coverage Effective January 1, 2016

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