Penn Benefits Open Enrollment is your annual opportunity to make changes to your healthcare elections. While Open Enrollment is still a few weeks away, we want to give you plenty of time to learn about the upcoming changes.

There are many new developments for you to consider as you choose a plan for you and your family. Be sure to carefully review your enrollment information mailings and use the many tools and resources that Penn provides to help you make an informed decision.

Please note that this information applies to active full-time or part-time benefits-eligible faculty and staff only.

For more information about your benefits, visit www.hr.upenn.edu/openenrollment You’ll have access to benefit comparison charts, contribution charts and more.

Plan Changes as of July 1, 2019

No Increase in Medical and Dental Rates

Your cost for medical and dental coverage will not increase for the 2019-2020 plan year.

Thanks to plan design changes, favorable claims experience, enhanced prescription drug management, wellness initiatives and better employee consumerism, Penn’s faculty and staff enrolled in a medical plan will not see an increase in the 2019-2020 plan year.

Although the healthcare market in general has experienced approximately 5% medical cost inflation over the past few years, Penn’s plan costs have been much lower than the industry trend.

Enhanced Life Insurance with MetLife

On July 1, MetLife will become Penn’s life insurance provider. Penn’s Basic Life Insurance for eligible faculty and staff will continue to be 1 x your benefits base salary up to $300,000. Penn provides Basic Life Insurance coverage at no cost to you. Additionally, the cost for Supplemental Life Insurance has been significantly reduced.

A One-Time Opportunity to Increase Supplemental Life Insurance Coverage

Supplemental Life Insurance is available with coverage of up to 5 x your annual salary up to a total of $1,000,000.

MetLife offers a higher guaranteed issue for Supplemental Life Insurance. That means eligible faculty and staff have a unique opportunity to increase the amount of coverage before providing evidence of insurability (i.e. proof of good health). If your Supplemental Life Insurance coverage is at the current maximum of $500,000, you may be eligible to increase coverage up to 5 x your salary, to a maximum of $750,000, depending on your salary. If you select a coverage level above $750,000 you must provide additional evidence of insurability.

To take advantage of this opportunity, you must elect this increase during this year’s Open Enrollment period.

Workday@Penn

This spring’s Open Enrollment period will be the last one using Penn’s current benefits enrollment system.

On July 1, Workday@Penn, the University’s new human resources and payroll system, will become the benefits enrollment and administration platform. With the launch of Workday@Penn in July, your benefits elections records will automatically be transferred to a new system and you’ll be able to make beneficiary changes and declare qualifying life event changes on the convenient, state-of-the-art Workday@Penn website, www.workday.upenn.edu

Be sure to review your choices even if you plan to keep the same coverage you have now so the correct information about your selections can be transferred to the new system. After the Workday@Penn launch, healthcare benefits changes can only be made if you declare a qualifying life event.

Health Care and Dependent Care Flexible Spending Accounts (FSA)

When you participate in a Health Care FSA, you set aside pre-tax dollars to use for certain out-of-pocket healthcare costs. The IRS has increased the FSA limit from $2,650 to $2,700 for the 2019 calendar year.

This year, you will make your FSA election in the current ADP system.

Starting July 1, you can manage your Penn Health Care and Dependent Care FSA on the new, enhanced WageWorks platform. This platform upgrade will provide a better mobile experience with access to FSA apps and improved tools.

To facilitate the upgrade, you will be issued a new orange and blue debit card. You can only use the new card for your expenses incurred after July 1, 2019. Please note you can only rollover $500 to the next plan year, so be sure to submit your claims for the current plan year in a timely manner.

Health Savings Accounts (HSA) for HDHP

An HSA is a tax savings account for High Deductible Health Plan participants. HSA funds may be used to offset the cost of care. Penn will contribute to your HSA $1,000 for single coverage or $2,000 for family coverage. You can also contribute additional money to an HSA via pre-tax payroll deductions.

Penn’s Health Savings Account administration is moving from Aetna/Payflex to WageWorks. A new account will be opened for participants at BNY Mellon. During Open Enrollment, in order to establish your new account, you will be required to agree to the BNY Mellon Terms and Conditions. If you have funds in your HSA at the end of the plan year, they will be transferred to a new bank, BNY Mellon.

HDHP plan participants should watch for important notification in the mail and your email inbox. You will receive new debit cards for the 2019-2020 plan year. You can expect to receive your employer contribution in early July.

WageWorks will transfer your HSA balance to BNY Mellon by early August. BNY Mellon will add these funds to your new HSA. If you do not want these funds to be moved, you will receive instructions to opt out of the transfer and you will be responsible for managing any ongoing monthly service fees.

The IRS has announced an increase in the HSA family maximum contribution by $50 for calendar year 2019. The single contribution limit will be $3,500 and the family contribution limit will be $7,000—inclusive of your employer contribution.

Healthcare Rates for 2019-2020

Account Rules Reminder

Penn is updating its FSA and HSA processes, however the rules for using these accounts remain the same. You may still need to provide receipts to verify that your claims are qualified expenses in accordance with IRS guidelines. The new WageWorks platform makes it easier for you to submit receipts, verify expenses and manage your accounts.

New Behavioral Health Networks for PennCare/PersonalChoice PPO & Aetna POS

Quest Behavioral Health will be the new b ehavioral health administrator for the PennCare PPO plan, replacing Penn Behavioral Health. It is important to note that all of the Penn Behavioral Health network providers are transitioning to the Quest network. Plus you may have access to additional providers from the Quest network.

Participants in the Aetna Choice POS Plan will change from the Penn Behavioral Health network to Aetna Behavioral Health network providers for services. You can check your provider’s participation with Aetna through Aetna Navigator at www.Aetna.com

If you or your dependents are currently receiving treatment through a provider who is not in the Aetna or Quest network, a transition of care plan will be developed for you.

Participants in the Aetna HDHP Plan will continue to use Aetna Behavioral Health network providers and Keystone Health Plan participants will continue to use the Magellan network.

Dermatology Screening as Preventive Care

This year Penn is adding an annual dermatology visit to the list of preventive screenings that have a $0 copay. This benefit is being added to all medical plans.

Presentations

Several on-campus Open Enrollment presentations will be held where faculty and staff can learn details and ask questions about their benefits options.

Visit www.hr.upenn.edu/calendar for the schedule of presentations and fairs.

Wellness Fairs

At the Wellness Fairs, representatives from Penn’s healthcare providers and wellness partners will be on-site to share information. Learn about medical plans, prescription drug coverage, dental plans, vision coverage, flexible spending accounts and the Penn Benefits Center. You can also take advantage of free health-related screenings and activities, plus learn about year-round wellness offerings for faculty and staff.

Benefits Solution Center powered by Health Advocate

Effective July 1, Health Advocate will become Penn’s benefits call center service provider. The same quality service Health Advocate offers for our Employee Assistance Program and health advocacy program will be available for benefits enrollment.

You can access Health Advocate’s knowledgeable specialists by calling (866) 799-2329.