Penn Benefits Open Enrollment: April 23-May 4

Benefits Open Enrollment is your annual opportunity to make changes to your healthcare elections. This year, Open Enrollment is Monday, April 23 through Friday, May 4. Penn Benefits provides you with a valuable range of options to help meet your particular needs. Now is a great time to begin considering if you want to make changes to your current healthcare coverage and which options will work best for you and your family in the coming plan year. Please note that this information applies to active full-time or part-time benefits-eligible faculty and staff only.

Plan Changes as of July 1, 2018

No Increase in Medical Rates

Medical rates for the 2018-2019 plan year will remain the same. The University of Pennsylvania’s medical health plans have seen favorable claims experience over the past year, which has enabled Penn to hold the medical rates flat for the upcoming year. Although the health care market in general has experienced approximately 6% medical cost inflation over the past few years, Penn’s plan costs have been much lower than the industry trend. Plan design changes, favorable claims experience, enhanced prescription drug management, wellness initiatives and better employee consumerism have resulted in this positive trend in cost. Faculty and staff enrolled in a medical plan will not see an increase in the 2018-2019 plan year. 

Fertility Benefits

Under the current benefit, candidates for in-vitro fertilization must have a proven history of their inability to conceive. Effective July 1, 2018, this benefit will put more emphasis on fertility rather than infertility, and candidates will no longer have to present a proven history of not being able to conceive.

A candidate for advanced reproductive benefits will have to exhaust less costly methods of conception such as artificial insemination, prior to their attempts with in-vitro fertilization. The new in-vitro fertilization process will benefit same sex couples as well as women without partners. They can receive two cycles per lifetime, per family, and at HUP only.

Penn Dental Changes Name

Penn Dental Plan is now Penn Family Plan. The dental provider has changed its name and their Bryn Mawr office will be moving to Berwyn in the summer 2018. The other offices are on Locust Walk and at 3737 Market Street.

2018-2019 Flexible Spending Account Limit

The IRS has increased the limit from $2,600 to $2,650. A flexible spending account is a special account where you set aside pre-tax dollars into an account to use for certain IRS eligible out-of-pocket healthcare costs.

Health Savings Account (HSA) Changes

For calendar year 2018, the IRS has announced a decrease in the HSA family maximum contribution by $50. The single contribution limit is not changing. For calendar year 2018, the annual limitation on deductions for family coverage will be $6,850. An HSA is a tax savings account that you can contribute to via payroll deductions and then use the money to offset the cost of care. An HSA requires enrollment in a High Deductible Health Plan.

Part-time Healthcare Benefits

Effective July 1, 2018, regular part-time faculty and staff will be eligible for Penn’s Aetna POS II Standard Plan (formerly called the ACA plan). The cost for single coverage will be subsidized by the University. This plan doesn’t require a primary care provider or referral and it has in-network or out-of-network coverage. The individual deductible is $900 and the family deductible is $2,000.

In addition, part-time faculty and staff will be eligible for a $50,000 Basic Life Insurance policy paid by the University, and Supplemental Life Insurance up to two times their benefits base salary.

This year part-time faculty and staff can also select Penn Family Plan and MetLife dental plans. Employees pay the full cost of coverage. Davis and VSP vision plans will continue to be offered.

ACA Eligible Benefits

Effective July 1, 2018, ACA-eligible faculty and staff can select the Aetna POS II Standard Plan (formerly called the ACA plan). The cost for single coverage will be subsidized by the University. ACA-eligible faculty and staff are also eligible for a $50,000 Basic Life Insurance policy paid by the University, and Supplemental Life Insurance up to two times their benefits base salary.

ACA-eligible faculty and staff can also select Penn Family Plan and MetLife dental plans. Employees pay the full cost of coverage. Davis and VSP vision plans are also offered, with employees paying the full cost for coverage.

When Are Changes Effective?

Changes made during Open Enrollment will be effective as of July 1, 2018. New rates for all plans will be reflected in your July 2018 paycheck.

Attend a Presentation

Learn details and ask questions at one of the upcoming presentations. Presentations will run for 45 minutes, followed by a Q&A session. The sessions will include detailed information about family-friendly benefits such as the advanced reproductive benefit.

Date                            Time                     Location

Tuesday, April 3            11a.m.-1 p.m.      Ben Franklin Room, Houston Hall

Wednesday, April 4       11a.m.-1 p.m      Ben Franklin Room, Houston Hall

Tuesday, April 10          11a.m.-1 p.m.     Terrace Room, Cohen Hall

Wednesday, April 11     noon-2 p.m.        Reunion Auditorium, John Morgan Building

Wednesday, April 11     noon-2 p.m.        Ben Franklin Room, Houston Hall

Attend a Fair

At the Wellness Fairs, representatives from Penn’s healthcare providers and administrators will be onsite 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 screenings and other wellness activities.

Date                         Time                       Location

Tuesday, April 24     10 a.m.–2 p.m.         Hall of Flags, Houston Hall

Thursday, April 26    10 a.m.–2 p.m.        New Bolton Center, Kennett Square

Penn Pharmacies

Did you know that you can use the Penn Medicine Pharmacies to obtain your specialty medications? A variety of delivery options are available. Penn Medicine Pharmacies have nine locations:

  • Hospital of University of Pennsylvania Pharmacy, 3400 Spruce Street
  • Penn Presbyterian Medical Center, 51 N. 39th Street, Medical Office Building
  • Pennsylvania Hospital Outpatient Pharmacy, 800 Spruce Street
  • Penn Medicine Radnor Outpatient Pharmacy, Radnor, PA
  • Penn Presbyterian Apothecary, 3910 Powelton Ave., Basement CUPP
  • Penn Medicine at University City, Apothecary, 3737 Market Street, Ground Floor
  • Penn Home Infusion Therapy, King of Prussia, PA
  • Perelman Center for Advanced Medicine Pharmacy, 3400 Civic Center Blvd., 101W
  • Penn Medicine Valley Forge, Berwyn, PA

You can also continue to use CVS specialty medication programs.

 Full-time
Weekly Paid
   

Full-time
Monthly Paid

   
 

Single Coverage

Emp. & Spouse

Emp. & Child(ren)Emp. & Family

Single Coverage

Emp. & Spouse

Emp. & Child(ren)

Emp. & Family

MEDICAL

 

 

 

 

 

 

 

 

PennCare

$ 47.08

$ 117.46

$ 79.15

$ 146.08

$ 204.00

$ 509.00

$ 343.00

$ 633.00

Aetna Choice POS II

$ 32.31

$ 83.08

$ 54.69

$ 103.15

$ 140.00

$ 360.00

$ 237.00

$ 447.00

Aetna HDHP

$ 21.00

$ 54.92

$ 35.31

$ 68.77

$ 91.00

$ 238.00

$ 153.00

$ 298.00

Keystone HMO

$ 22.15

$ 59.31

$ 37.38

$ 73.38

$ 96.00

$ 257.00

$ 162.00

$ 318.00

DENTAL        
Penn Family Plan

$ 8.77

$ 17.21

$ 19.41

$ 27.38

$ 38.02

$ 74.59

$ 84.10

$ 118.63

METLIFE

$ 6.31

$ 12.60

$ 13.89

$ 18.93

$ 27.34

$ 54.62

$ 60.18

$ 82.03

VISION        
Davis Vision

$ 1.09

$ 2.36

$ 1.77

$ 3.00

$ 4.73

$ 10.22

$ 7.65

$ 13.01

VSP

$ 1.57

$ 3.40

$ 2.56

$ 4.34

$ 6.82

$ 14.74

$ 11.09

$ 18.79