TU home | T3 | Open Enrollment Update #3: New Prescription Plan Vendor

Open Enrollment Update #3: New Prescription Plan Vendor

The 2007 Open Enrollment period for all Maryland state insurance benefits is now underway! Please be aware that this year the State of Maryland has set different ending dates for regular and direct pay employees. Regular faculty and staff employees will have to complete their OE actions by use of the Interactive Voice Response (IVR) system by Sunday, May 13th. Direct pay employees (contingent staff, lecturers and part-time faculty members) will have until Friday, May 18 to return their completed OE worksheets to Towson?s Office of Human Resources (OHR).

OE offers all eligible faculty and staff and retirees, including eligible direct pay employees, the opportunity to examine and evaluate their current coverage and compare with the coverage and costs for the plan year beginning July 1, 2007. Changes can be made during OE usually without any special enrollment restrictions. This OE is voluntary, therefore no action will be necessary if no changes or corrections are needed unless a regular employee wants to have flexible spending accounts during the new plan year. Please note that the benefits and rates for this OE will be effective for July 1, 2007 through June 30, 2008.

New Prescription Drug Vendor
Effective July 1, 2007 Catalyst Rx will be the new vendor for the MD State Prescription Drug plan. While there are no changes to the plan design or pharmacy access (co-pays, supply limitations and out of pocket maximums will remain the same) some enrollees may be affected by changes to the Preferred Drug List (the formulary). Catalyst Rx will be communicating directly to those employees however in the meantime, anyone who has concerns about the new plan can call Catalyst Rx?s customer service line at 1-866-643-3004. That line is staffed 24/7 and should be able to assist with specific questions during OE. In addition, the new Preferred Drug list along with current Q&A on the prescription drug benefit can be found on the State?s website accessible from the State of Maryland Benefits Information link on the OHR homepage at {http://wwwnew.towson.edu/adminfinace/hr/} under News and Announcements.

Additional information will be included in future Daily Digest updates.

Questions should be directed to Dave Curtis, x46018, email: {dcurtis@towson.edu} or Gail Price, x46017 email: {gprice@towson.edu}.

,