2011–12 Benefits Open Enrollment
March 22, 2011,
Volume 57, No. 26
Monday, April 4–Friday, April 22
Benefits Open Enrollment, your annual opportunity to make changes to your healthcare elections, begins next month. Read on for a brief overview of details to help you prepare for the Open Enrollment process. Complete details, such as medical plan and health care reform changes, new healthcare rates and more, will appear in the March 29 issue of Almanac.
What Can I Change During Benefits Open Enrollment?
• You can make any changes you’d like to your benefits coverage, such as:
• Enroll in a healthcare plan for the first time, or drop an existing plan
• Switch to a new or different medical or dental plan
• Increase or decrease your life insurance coverage
• Change how much you contribute to a Pre-Tax Expense Account
• Add or drop a dependent from your benefits coverage*
*If you add a new dependent, you’ll receive a letter requesting that you provide verification of that dependent’s eligibility under Penn’s plan rules.
How Do I Make Changes During Benefits Open Enrollment?
Starting Monday, April 4, you’ll be able to make changes to your benefits coverage 24 hours a day, 7 days a week using the online benefits enrollment website at www.pennbenefits.upenn.edu (PennKey and password are required). If you don’t have online access, you can contact the Penn Benefits Center at 1–888–PENN–BEN (1–888–736–6236), Monday–Friday between 8 a.m. and 6 p.m. and complete your enrollment over the phone.
When Will Changes Be Effective?
Any changes made during Benefits Open Enrollment will be effective as of July 1, 2011. Outside of Open Enrollment, you may only modify your elections when you experience a life event change—such as marriage or the birth of a child—and even then, the IRS limits the types of changes you are allowed to make.
How Do I Learn More About Open Enrollment?
Visit the Human Resources website at www.hr.upenn.edu/benefits/openenrollment.aspx
Look for the 2011–2012 Open Enrollment Guide and Personalized Worksheet at your home address in early April.
Call the Penn Benefits Center: 1-888-PENN-BEN (1-888-736-6236).
Contact Human Resources at firstname.lastname@example.org