{"71487":{"#nid":"71487","#data":{"type":"news","title":"The 2012 Benefits Breakdown","body":[{"value":"\u003Cp\u003EThis year\u2019s open enrollment period will run from Oct. 24 to Nov. 18. Read on to find out what benefits will be changing in 2012 and what will remain the same. Employees can find additional information using the following resources:\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cstrong\u003E2012 Benefits Guide.\u003C\/strong\u003E These will be mailed to employees\u2019 homes this week.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EOnsite Meetings.\u003C\/strong\u003E The benefits team is hosting numerous meetings across campus to educate employees about upcoming changes.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EBenefits Fair. \u003C\/strong\u003EThe fair will be held on Wednesday, Nov. 2, from 10 a.m. to 2 p.m. in the Student Center Ballroom (look for an article on the fair in the Oct. 31 issue of The Whistle.)\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003ESend an Email.\u003C\/strong\u003E Contact a member of the benefits team \u003Ca href=\u0022mailto:benefits@ohr.gatech.edu\u0022\u003Ehere\u003C\/a\u003E. \u0026nbsp;\u003C\/li\u003E\u003C\/ul\u003E\u003Ch3\u003E\u003Cstrong\u003EWhat\u2019s Changing\u0026nbsp;\u003C\/strong\u003E\u003C\/h3\u003E\u003Cp\u003E\u003Cem\u003EBoard of Regents-Approved Changes for all University System of Georgia Employees:\u003C\/em\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cstrong\u003EFrozen HMO Plans.\u003C\/strong\u003E The Kaiser HMO and the BlueChoice HMO plans are closed to new enrollees in 2012. Those currently enrolled may continue to participate in the plans.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EElimination of the BOR PPO Plans.\u003C\/strong\u003E The Board of Regents (BOR) PPO and BOR Health Savings Account (HSA) PPO medical plans will be discontinued. Employees enrolled in these plans will automatically be enrolled in the Open Access POS plan (known as the BOR PPO Alternative plan) or the HSA Open Access POS plan (known as the BOR HSA Alternative plan), respectively.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003ERx Out-of-Pocket Maximums (Open Access POS Plan Only\/Medco).\u003C\/strong\u003E The existing quarterly out-of-pocket maximums will be replaced with an annual out-of-pocket maximum. The new annual maximum is lower than the yearly combined maximums, so employees potentially save money on future prescriptions.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EEmployee Eligibility for Medical Plans.\u003C\/strong\u003E Employees must work a minimum of 30 hours per week (currently 20) and\/or an average of 75 percent time over the course of a year to be eligible for benefits. Employees who do not meet the new eligibility requirements will continue to be eligible for vacation\/sick accruals and participation in the retirement plans.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EMedical Coverage Premiums.\u003C\/strong\u003E All medical premiums will increase. Refer to the rate sheet in the back of the 2012 benefits guide (mailed to homes) or \u003Ca href=\u0022http:\/\/www.ohr.gatech.edu\/openenrollment\u0022\u003Eonline\u003C\/a\u003E.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EHSA Match. \u003C\/strong\u003EThe HSA that works in conjunction with the HSA Open Access POS plan will be matched, dollar for dollar, on a monthly basis, up to an annual maximum of $375 for single coverage and $750 for family coverage.\u0026nbsp;\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cem\u003EGeorgia Tech-Approved Changes for Tech Employees:\u003C\/em\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cstrong\u003ENew Voluntary Vision Plan.\u003C\/strong\u003E The existing vision plan offered through United Health Care (UHC) will be replaced with a new and improved plan through EyeMed. If you\u2019re currently enrolled in the vision plan through UHC, you will automatically be enrolled in the new plan through EyeMed. Advantages of the new plan include a larger provider network, greater allowances for lenses and frames and a $1,000 benefit for laser vision correction.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EBank at Work Program. \u003C\/strong\u003EThis program provides employees with unique discounts at Bank of America, Georgia United Credit Union, State Bank \u0026amp; Trust and Wells Fargo. Each bank offers discounts on a variety of banking services including free checking, discounted mortgage loan services and free safety deposit boxes.\u0026nbsp;\u003C\/li\u003E\u003C\/ul\u003E\u003Ch3\u003EWhat\u2019s Not Changing\u003C\/h3\u003E\u003Cul\u003E\u003Cli\u003E\u003Cstrong\u003EDental Plans.\u003C\/strong\u003E Providers, plan design and premiums will remain the same. The BOR Metlife dental plan is open to new enrollees.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EFlexible Spending Accounts (FSAs).\u003C\/strong\u003E FSAs allow you to use pre-tax money to pay for your qualifying out-of-pocket health and dependent care expenses. Employees may contribute up to $5,000 to a dependent care FSA. Employees who do not participate in high deductible HSA medical plans may also contribute up to $5,000 to health care FSAs.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EBasic Life and Accidental Death and Dismemberment (AD\u0026amp;D) Insurance. \u003C\/strong\u003EEligible employees will continue to be automatically provided with $25,000 of basic term and AD\u0026amp;D insurance.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003ESupplemental Life and Accidental Death and Dismemberment (AD\u0026amp;D). \u003C\/strong\u003EEmployees may elect supplemental employee and dependent life and AD\u0026amp;D insurance or opt to increase existing coverage levels for an additional cost.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EVoluntary Short- and Long-Term Disability Plans.\u003C\/strong\u003E Both short-term and long-term disability options will remain the same.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003ELong-Term Care.\u003C\/strong\u003E To enroll and\/or obtain additional information, visit \u003Ca href=\u0022http:\/\/gatech.jhancock.com\u0022\u003Ehttp:\/\/gatech.jhancock.com\u003C\/a\u003E (username: gatech; password: mybenefit) or call 888-354-6498.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003ECritical Illness.\u003C\/strong\u003E You may enroll in critical illness or opt to increase existing coverage levels for an additional cost by contacting UNUM, the plan administrator, at 866-441-6973.\u003C\/li\u003E\u003Cli\u003E\u003Cstrong\u003EWhole Life. \u003C\/strong\u003ECoverage information and rates can be obtained by contacting UNUM at 866-441-6973. \u0026nbsp;\u003C\/li\u003E\u003C\/ul\u003E\u003Ch3\u003EMedical PlanFAQs\u003C\/h3\u003E\u003Cp\u003E\u003Cem\u003EWith the eligibility requirements for benefits changing, will employees currently working 20 to 29 hours be grandfathered in?\u003Cbr \/\u003E\u003C\/em\u003ENo employees will be grandfathered in. Employees affected by this change will be contacted by a member of the benefits team to discuss resources for seeking alternative individual coverage options.\u003C\/p\u003E\u003Cp\u003E\u003Cem\u003EIf I do not meet the new eligibility requirements, does that mean that I lose all of my benefits?\u003Cbr \/\u003E\u003C\/em\u003ENo, the employee will still accrue vacation and sick time and can participate in all retirement plans.\u003C\/p\u003E\u003Cp\u003E\u003Cem\u003EIf I\u2019m enrolled in an HMO, can I add an eligible dependent during open enrollment?\u003Cbr \/\u003E\u003C\/em\u003EYes, as long as the employee is currently enrolled in one of the HMOs. \u0026nbsp;\u003C\/p\u003E\u003Cp\u003E\u003Cem\u003EWhat is the impact of moving from the Blue Choice PPO to the Open Access POS?\u003Cbr \/\u003E\u003C\/em\u003EOpen Access is a slightly smaller network; however, the benefits team is expecting minimal provider disruption with this change. Also, the network discounts associated with the Open Access network are greater than those in the Blue Choice network, so employee out-of-pocket expenses will be lower with this change. \u0026nbsp;\u003C\/p\u003E\u003Cp\u003E\u003Cem\u003EIf I want to change my current medical plan, which plans can I choose from for 2012?\u003Cbr \/\u003E\u003C\/em\u003EYou may enroll in the Open Access POS or HSA Open Access POS plan.\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":"","uid":"27445","created_gmt":"2011-10-17 15:03:40","changed_gmt":"2016-10-08 03:10:30","author":"Amelia Pavlik","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2011-10-17T00:00:00-04:00","iso_date":"2011-10-17T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"71391":{"id":"71391","type":"image","title":"2011 Benefits Team","body":null,"created":"1449177376","gmt_created":"2015-12-03 21:16:16","changed":"1475894634","gmt_changed":"2016-10-08 02:43:54","alt":"2011 Benefits Team","file":{"fid":"193517","name":"benefits.jpg","image_path":"\/sites\/default\/files\/images\/benefits_2.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/images\/benefits_2.jpg","mime":"image\/jpeg","size":3524940,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/benefits_2.jpg?itok=q88eFT_h"}}},"media_ids":["71391"],"related_links":[{"url":"http:\/\/www.ohr.gatech.edu\/openenrollment","title":"2012 Open Enrollment"}],"groups":[{"id":"1259","name":"Whistle"}],"categories":[{"id":"129","name":"Institute and Campus"}],"keywords":[{"id":"4288","name":"benefits"},{"id":"14761","name":"Medical Plans"},{"id":"6963","name":"Open Enrollment"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003EBenefits Team, Office of Human Resources \u003Cbr \/\u003E404-894-4847\u003C\/p\u003E","format":"limited_html"}],"email":[],"slides":[],"orientation":[],"userdata":""}}}