OPEN ENROLLMENT

1
OPEN ENROLLMENT HIGHLIGHTS AND CHANGES
2
OPEN ENROLLMENT AT A GLANCE

• Dates to Remember
• Open Enrollment is from Monday, October 29
  through 500 pm Friday, November 9
• Open Enrollment packets will be sent to your
  homes on or around October 25 for delivery no
  later than October 27
• Benefits and Fitness Fair Tuesday, October 30
  from 1100 am to 400 pm (flu shots available
  free of charge bring university ID Card)
• Systems HR Connection is New and Improved
• New look and better functionality
• Once an employee logs in using their PIN, change
  to a PASSWORD protected system

3
HIGHLIGHTS AND CHANGES

• Medical Plans
• Majority of employees will see no change in
  monthly contributions for medical or prescription
  drug (if they stay in their current plan and
  current level of coverage)
• Increase in of therapeutic sessions from 20 to
  60 for PPO Plans
• No FSA Claims Extension for 2007
• EBDS only Health Care Flexible Spending Account
  (HCFSA) administrator
• No longer using CBSA as the administrator for
  HCFSA for those in HealthAmerica
• Will have to submit paper reimbursement request
  for medical.
• Will have auto-submit for prescription drug.

4
HIGHLIGHTS AND CHANGES

• Dental and Vision Plans
• 2008 DENTAL and VISION ELECTION YEAR
• An employees selection for either Dental
  or Vision continues from
• 1/1/08 through 12/31/09
• Slight increase to Dental PPO Plans
  decrease in DHMO
• Dental PPO plans adding Smile for Health
  Program
• No change to Davis Vision rates and slight
  decrease in rates for
• some VBA options
• Some VBA providers no longer require paper
  claim form in advance
• of services.

5
HIGHLIGHTS AND CHANGES

• Life Insurance
• Changing from Minnesota Life to MetLife
• 2008 is an OPEN election year
• New maximum for employee coverage from 500,000
  to 1,000,000 (Basic and Supplemental Combined)
• New Evidence of Insurability (EOI) level for
  employee supplemental coverage from 200,000 to
  500,000
• Different Spouse/Domestic Partner (S/DP)
  Dependent Child(ren) rules

6
BASIC LIFE AND ADD INSURANCE

• Employee Life Insurance
• Options
• Opt out does not include supplemental coverage
• Basic Coverage (equals 1 x salary) university
  paid
• Supplemental (equals 2 x to 4 x salary)
  employee paid
• Going from Basic Coverage to Supplemental
  Coverage
• if election is Basic to 1 x salary and less than
  500,000, no EOI
• If election is Basic to 2, 3 or 4 x salary and
  less than 500,000 EOI 1 question
• A no response to 1 question provides EOI
  approval
• A yes response to 1 question requires second
  level EOI 5 questions
• if election is greater than 500,000 then EOI 5
  questions
• Going from Supplemental Coverage to a Higher
  Level of Supplemental Coverage
• If election is greater than 500,000, then EOI 5
  questions

7
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Spouse/Domestic Partner (S/DP) Coverage
• Coverage works differently than current plan
• Hinges on Employee Participation in the
  Supplemental Life and ADD Insurance Plan and
  equals a total of 50 (current spousal election
  can be grandfathered)
• Rate decrease (mirrors employee supplemental
  rates)
• Increased Maximum from 100,000 to 250,000
• EOI Level increased from gt 30,000 to 50,000

8
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Spouse/Partner Coverage Scenario 1
• Employee already enrolled in Supplemental (known
  as a participant) AND
• Spouse/Partner IS currently enrolled
• THEN
• Spouse/Partner will be grandfathered at current
  level with no EOI
• OR
• 50 of the Employees Supplemental Coverage
• (maximum and EOI rules apply)

9
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Spouse/Partner Coverage Scenario 2
• Employee already enrolled in Supplemental (known
  as a participant) BUT Spouse/Partner currently
  NOT enrolled
• THEN
• 50 of Employees Supplemental Coverage
• (maximum and EOI rules apply)

10
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Spouse/Partner Coverage Scenario 3
• Employee is NOT enrolled in Supplemental (known
  as a non-participant) BUT Spouse/Partner
  currently IS enrolled
• THEN
• Grandfathered at current level
• OR
• 50 of Employee Supplemental Coverage
• Requires the Employee to enroll in Supplemental
  Coverage
• (maximum and EOI rules apply)

11
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Spouse/Domestic Partner Scenario 4
• Employee is NOT enrolled in Supplemental (known
  as a non-participant) AND
• Spouse/Partner currently NOT enrolled
• THEN
• 50 of Employee Supplemental Coverage
• Requires the Employee to enroll in Supplemental
  Coverage
• (maximum and EOI rules apply)

12
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Dependent Child(ren) Coverage Scenario 1
• Employee already enrolled in Supplemental (known
  as a participant) AND Dependent Child(ren) IS
  currently enrolled
• THEN
• Stay at current level
• OR
• Elect another level of coverage
• (EOI and Maximum rules do not apply)

13
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Dependent Child(ren) Coverage Scenario 2
• Employee already enrolled in Supplemental (known
  as a participant) BUT Dependent Child(ren)
  currently NOT enrolled
• THEN
• Elect any level of coverage
• (EOI and Maximum rules do not apply)

14
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Dependent Child(ren) Coverage Scenario 3
• Employee NOT enrolled in Supplemental (known as a
  participant) BUT Dependent Child(ren) IS
  currently enrolled
• THEN
• Grandfathered at current level
• OR
• Elect another level of coverage
• Requires the Employee to enroll in Supplemental
  Coverage

15
SUPPLEMENTAL LIFE AND ADD INSURANCE

• Dependent Child(ren) Coverage Scenario 4
• Employee NOT enrolled in Supplemental (known as a
  non-participant) AND Dependent Child(ren)
  currently NOT enrolled
• THEN
• Elect any level of coverage
• Requires the Employee to enroll in Supplemental
  Coverage

16
THANK YOU

• ANY QUESTIONS?