Annual Health Care and Flexible Spending Open Enrollment
May 1 – 23, 2016
NOTE: An enrollment package has been mailed to your home address and open enrollment information may also be found at http://www.dhrm.virginia.gov/healthcoverage/open-enrollment.
Open Enrollment is your opportunity to make decision about your health insurance coverage and to enroll in flexible spending accounts (FSA). You may enroll or waive coverage, change health plans, add or remove buy up options and add or remove family members without experiencing a qualifying mid-year event. FSA lets you use your pre-tax dollars to pay for eligible medical expenses and/or dependent care expenses. You may contribute up to $2,550 for a Health FSA and up to $5, 000 for Dependent Care FSA. Please note that you must enroll in FSA accounts each year to participate.
All requests must be submitted by using EmployeeDirect at https://edirect.virginia.gov/ or by completing a paper form at http://www.dhrm.virginia.gov/docs/default-source/benefitsdocuments/OpenEnrollment2015/stateactiveenrollform2015.pdf?sfvrsn=4 and submitted to Office of Human Resources on or before 5 p.m. on Monday, May 23.
If no action is taken on or before May 23, 2016, you will remain in your current health care plan and will not have a FSA.
If you are participating with COVA Care or COVA HealthAware you are eligible to earn the premium reward. You save $17 per month on your monthly premiums once the two requirements are met. That is $204 annually. If you spouse participates that is another $17 each month and a total of $408 annually once the requirements are completed. https://www.myactivehealth.com/Portal/Media/COVA_Premium_Reward_2016_Details.pdf
Please be reminded that MyActiveHealth has numerous free health and wellness programs and online tools. Including incentive programs for members with diabetes, asthma, COPD and hypertension that offers free prescriptions once certain requirements are met.
We will be having an Open Enrollment Informational Presentations:
Dahlgren Campus: 2 p.m. on Tuesday, May 10
Fredericksburg Campus: 10 a.m. and 3 p.m. on Wednesday May 11, Lee Hall 412
Stafford Campus: PENDING
For questions and additional Information, please contact your Benefits Team, Denise Frye, Benefits Administrator at dfrye2@umw.edu or Jennifer Cooper at jcooper4@umw.edu
