2012 Annual Enrollment Update
ERS has provided notice regarding this year’s Annual Enrollment and some of the upcoming changes. The time to makes changes will be from July 16, 2012 to July 27, 2012. The most recent update regarding Annual Enrollment pertains to TexFlex. The annual contribution for a Health Care Reimbursement Account will be reduced from $5000.00 to $2500.00. This change is required by the Affordable Care Act. On September 1 each participant will be automatically re-enrolled in TexFlex accounts at the same annual contribution amount unless a change is made during Annual Enrollment. However, if the member's annual contribution is greater than $2500, ERS will reduce the annual contribution to $2500 for the new plan year. The money contributed to a TexFlex account doesn't roll over to the next plan year. For plan year 2012 participants have until November 15, 2012 to spend the money and until December 31, 2012 to file claims for reimbursement.
Remember that the third party administrator for Health Select will change from BCBS to United Health Care Effective September 1, 2012. Additional information can be found by reading Common Questions about the change.
Mark your calendar for the Annual Enrollment fair and Health Select information fair. The Annual Enrollment fair will take place in Hubbard Hall June 28, 2012 and the Health Select information fair will be July 25, 2012 in MCL 101.
Benefits Staff
Angela Cagle,
Benefits Manager
(940) 898-3552
acagle@twu.edu
Anthony Yardley,
Senior HR Generalist
(940) 898-3563
ayardley@twu.edu
