The 2012 Open Enrollment (OE) Correction Period for all Maryland state insurance benefits is now underway and will last until Tuesday, May 16.
The OE Correction Period offers eligible faculty, staff and retirees (including eligible direct -pay employees-contingent staff, lecturers, and part-time faculty) a second opportunity to evaluate and compare their current benefits coverage to the coverage and costs for the new plan year beginning July 1. Most changes and corrections can be made during the OE Correction Period without any special enrollment restrictions.
Since this year?s OE is voluntary individuals who have no changes or corrections to their plans do not need to take any action. However, regular employees who did not act before the initial May 1 deadline and would like to have flexible spending accounts (FSA) during the new plan year must reenroll during this OE Correction Period. Remember that OE does not affect or involve either of the USM benefit plans (Unum Group Life and Long Term Disability insurance).
Summary Statements
All regular faculty and staff employees who make changes or elections during OE will receive an official Summary Statement of Benefit Elections for Year 2013 via campus mail. Direct- pay employees (contingent staff, lecturers and part-time faculty members) and retirees who make any changes during OE will receive their summary statements at their home address directly from the State of Maryland State Department of Budget and Management (DBM). Employees and retirees who do not make any changes or elections during OE will not receive a summary statement.
It is extremely important that you carefully review your summary statement as soon as you receive it. Regular faculty and staff members whose plan selections, coverage levels and/or the ?Yes/No? indicators for dependents are not correct must call the Interactive Voice Response system (IVR) again to make the correct selections. Regular employees who cannot access the IVR and direct pay employees will have to submit a new OE worksheet, along with all other required documentation, to the Office of Human Resources Benefits Unit to make any changes to their selections, coverage levels and/or dependent enrollments by 5 p.m. Wednesday, May 16.
Corrections to addresses, spelling of names, social security numbers or dates of birth should be noted on the statement and faxed to DBM at 410-333-5191 no later than 30 days from the ?Date Printed? on the bottom right portion of the summary statement. Be sure to keep a confirmation of the fax transmission for your records.
Please note that if your summary statement shows a ~ or a ^ to the left of the code number for any listed dependents, you must provide acceptable documentation to OHR?s Benefits Unit no later than 30 days from the ?Date Printed? on the bottom of the statement. If your Term Life selection has an (*) next to it, you must submit a medical review form attached to a copy of your summary statement directly to MetLife as soon as possible. That medical review form is available on the DBM website by clicking on ?Term Life Coverage.? Remember that the requested additional amount of coverage will not be in effect until those materials are submitted to and approved by MetLife.
Details for this OE period, including the new premium rates and the benefits booklet with summaries of the available coverage, are posted on the State?s website accessible at {http://dbm.maryland.gov/benefits/Pages/HBHome.aspx}.
Questions or concerns should be directed to Dave Curtis at x46018 and{dcurtis@towson.edu} or Gail Price at x46017 and {gprice@towson.edu} in the TU Benefits Unit.
