Open Enrollment for Medical Center employees is right around the corner, starting on Oct. 21 and ending on Nov. 10. There are some things you probably need to know before you make your decisions, such as what has changed for the upcoming year.
There are five major changes: modifications to health insurance, a new health and wellness plan and disease management program, short- and long-term disability changes, a new spousal life benefit, and a small increase in the materials-only vision plan premiums.
There will be some modification to the Select PPO (preferred provider organization) plan in 2014. The Choice HDHP (high deductible) plan will remain the same, and we are adding a new Base PPO plan. The Base medical plan is a PPO plan.
Unlike the Select plan, the Base medical plan will require meeting of deductibles prior to the plan paying a portion of the benefit, unless it is a preventive care benefit. All benefits will require a co-insurance rather than a co-pay. The out-of-pocket maximum and deductibles will be higher than those found in the Select plan. However, the premium for this plan will be the least out-of-pocket for plan members. For a side-by-side comparison of the plans for 2014, visit paws.gru.edu/pub/hr/services/benefits/Documents/grmc_2014med_comparison.pdf.
The Georgia Regents Medical Center health plan will also implement a Spousal Surcharge in 2014. You can find out more at website paws.gru.edu/pub/hr/services/benefits/Documents/grmc_med_spousalsurcharge.pdf.
Health & Wellness
The medical center is teaming with UMR Care Management to offer a health and wellness program to plan members who are enrolled in a medical center medical plan. For more information, visit paws.gru.edu/pub/hr/services/benefits/Documents/grmc_2014med_umrhealthandwellnessprogram.pdf.
For employees in the Choice HDHP plan, you will receive up to $500 in 2014 by completing wellness incentives. For more information, visit paws.gru.edu/pub/hr/services/benefits/Documents/grmc_2014wellnessincentives.pdf.
A new Disease Management program will begin in 2014 for members of a medical center health plan. For more information, visit paws.gru.edu/pub/hr/services/benefits/Documents/grmc_dm_betterhealthforeveryone.pdf.
Short-Term and Long-Term Disability
For 2014, there is a decrease in the duration period for short-term disability from 26 weeks to 12 weeks; however, the 60 percent base salary level option will have an increase in the weekly benefit maximum from $1,250 to $1,500. We are also reducing the elimination period prior to the benefit paying out from 14 days to 7 days for the 60 percent benefit option.
Long-term disability will also have a decreased elimination period. The 50 percent coverage option elimination period will reduce from 26 weeks to 17 weeks. The duration period will be four (4) years. The 60 percent option elimination period will be reduced from 26 weeks to 13 weeks. The duration period will be until Normal Social Security Retirement Age.
In 2014, there will be a higher-level spousal life benefit. You currently have the ability to elect $10,000 or $30,000 in spousal life coverage, but in 2014, we are adding a $50,000 coverage level.
If you elect a materials-only vision plan in 2014, there will be a small increase in your premiums. The great news is the new premium rate will continue as-is for four years.
If you still have questions, you can attend the Employee Benefit Forums, or you can always contact the Georgia Regents Medical Center Benefits Office by emailing GHSMCBENEFITS@gru.edu, calling 706-721-7909, or visiting the intranet at paws.gru.edu/pub/hr/services/benefits/Pages/2014-Open-Enrollment-Information.aspx.
Employee Benefit Forums
- Oct. 22 at 7:30 a.m.
- Oct. 22 at 11:30 a.m.
- Oct. 29 at 7:30 a.m.
- Oct. 29 at 4 p.m.
Forums will be held in the Lansing B. Lee Sr. Auditoria Center, Large Auditorium (BC-141) on the Health Sciences Campus.