Open Enrollment 2022

Open Enrollment is July 1 – July 31, 2022. Review your current benefits in Workday and the information below prior to making your elections for the new plan year. Check MyEvive to make sure you have completed your Two-Step Wellness Program and that your incentive status has been updated.

Premiums and Costs

For employees, there is no increase in the employee contribution for medical coverage and no plan design changes. We have maintained this employee contribution level for the past seven years even though plan costs have increased.

For retirees this year, there is a slight decrease in the retiree contribution for medical coverage and no plan design changes. The medical plan retiree rates remained level or have decreased for the past seven years even though plan costs have increased.

For both employees and retirees, the PPO dental plan rates are increasing slightly for the first time in 12 years.

Important changes for FY22 Open Enrollment

• There will be no grace period to enroll or make changes after Open Enrollment closes July 31, 2022
• No corrections can be made in the month of August before the effective date of September 1
• Changes cannot be made after the first payroll deduction of the fiscal year as happened in previous years
• Mailed documents must be postmarked by July 31st (online enrollment preferred)

Special Open Enrollment opportunity for Employee Optional Life from The Hartford

• Optional Life benefits range from ½ to 6x salary; maximum coverage amount $1,000,000
• You may elect up to 4x your annual salary without providing Evidence of Insurability (EOI)
• Your must provide EOI to enroll in Option Life insurance coverage amount above 4x salary
• View The Hartford OE booklet

Plan updates beginning September 1, 2022

• Newly benefits-eligible employees will have 31 days from date of hire/initial eligibility to enroll in benefits. This is a change from the previous year of 45 days
• Enrollment for benefits after a qualified life event must take place within 31 days from the date of event. This is a change from the previous year of 60 days
• There will be a big change in the Open Enrollment timeline for FY23. The Open Enrollment timeline will be shortened to the first three weeks in July
• Effective September 1, 2022, if you are a retiree and become eligible for the 65 Plus Plan and opt-out of this coverage because you have medical coverage through another source other than Medicare, or for most other reasons, you will no longer be able to remain in the A&M Care Plan. Opting out of 65 Plus Plan coverage will mean that you are opting out of any medical coverage through the Texas A&M University System.

Reminders

• If you are an employee or retiree covering your grandchild as a dependent, you should recertify your dependent by submitting new documentation to HRConnect Legacy. Accepted grandchild documentation is a copy of the portion of your most recent income tax return that states you are claiming your grandchild as a dependent. You may redact (cross out) any financial information.
• If you would like to remain enrolled in a Flexible Spending Account, you must re-enroll every year.
• It is important to name a beneficiary for life insurance, and the fastest way for your beneficiary to obtain your benefit in the event it is needed. Open Enrollment is a good time to check your beneficiaries and ensure they are up to date.

Open Enrollment Presentations

Below you will find information on the Open Enrollment Meetings. There are morning, afternoon, and Retiree Meeting presentation schedules. You may join the Webex at any time during the meeting to listen to the vendor presentation for which you are most interested. You may also drop off the meeting at any time. You will need the Webex information below to dial in. You may also have received this information from your benefits office via email invite. Please record this information ahead of your meeting. If you cannot attend an Open Enrollment meeting in person or virtual, we have included the carrier presentation below.

View the Open Enrollment Presentation Schedule

Listen to a recorded Open Enrollment Meeting