Benefits Open Enrollment

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Benefits Open Enrollment

• April 13 May 1, 2009

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Open Enrollment

• When is open enrollment?
• Starts Monday, April 13th ends Friday, May 1st
• Online via Esther http//esther.rice.edu
• Rice Fest is Thursday, April 16th in the RMC/Ley
  Student Center
• Talk with carriers
• Ask benefits staff questions
• Free chair massage (but long lines!)
• Free cholesterol screening

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Open Enrollment

• Who needs to enroll this year?
• As always, only employees who are making changes
  or wish to continue flexible spending accounts
• Can people enroll remotely?
• Yes! Esther is accessible from any internet
  connection, 24/7
• Changes are effective July 1st

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Open Enrollment

• Benefits team will be available during open
  enrollment to answer questions and assist with
  actual enrollment if needed
• Employees can make appointments with HR staff.
• New location great views!
• Packets mailed Monday ( April 13th) via campus
  mail
• Packets will include individual Esther ID PIN
• Please forward packets to employees who are not
  on campus as quickly as possible (or point them
  online to the benefits website)

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Medical

• Same medical plans
• HMO, Flexplan (POS), PPO Catastrophic
• All plans still administered by Aetna
• No plan design changes
• A 5.0 rate increase across all plans for
  employees and for Rice
• Some sample rate increases include
• HMO, employee only 1.50 more per paycheck
• POS, employee children 7.50 more per
  paycheck
• PPO, employee family 21 more per paycheck

Twelve month salary.
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Medical

• Changes at Aetna include
• M.D. Anderson is now in-network for all plans
  (HMO and POS included)
• HMO members who select Kelsey-Seybold for their
  PCP no longer need to stay within Kelsey-Seybold
  for their specialist care (although you will
  still need referrals for specialists except for
  well woman and routine eye exams)
• Both of these items are effective today!

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Wellness

• The healthier we stay, the lower our medical plan
  costs!
• Continuing the screenings for 2009-2010
• Coaching available to eligible employees
• Based on the results of the healthy lifestyle
  screenings
• Continuing Weight Watchers subsidy and we have a
  new leader on campus

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Dental

• Same dental plans
• United Concordia Indemnity Dental Plan
• Aetna DMO
• Same dental plan designs
• Slight rate increases in the DMO (5) and a rate
  decrease for indemnity plan
• Continuing 50 dental subsidy for employees
  earning less than 35,000 (as of April 1 of each
  year, on a full-time equivalent basis)

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Flexible Spending Accounts

• Flexible Benefits (still with WageWorks)
• Medical Spending Account (5,000 max, per
  employee)
• Childcare Spending Account (5,000 max, per
  family)
• New plan year extension for this plan year
• You now have until September 15, 2009 to incur
  expenses in both the medical and dependent care
  spending accounts an extra 2 ½ months!
• Please note that for the medical spending
  account, the WageWorks Visa card will only apply
  to the new plan year on July 1, 2009
• You have until November 30, 2009 to file for
  reimbursement for claims in the 2008-2009 plan
  year (now, July 1, 2008 through September 15,
  2009) but dont wait until the last minute!

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Other

• Other benefits remain the same
• Life insurance rates the same
• Accidental Death Dismemberment (ADD)
• Short-Term Disability
• Long-Term Disability
• Long-Term Care
• Other voluntary benefits through Answer Financial
• Auto, home, and even pet insurance
• Travel Insurance
• Tuition Benefits

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Other

• Retirement plan changes approaching
• Retirement plan contributions will be sent weekly
  starting this summer
• We will be adding Fidelity Investments to the
  Rice Retirement plan this summer
• Look for more information on these enhancements
  soon

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Benefits Reminders

• Update beneficiary information!!!
• Life Insurance
• ADD
• TIAA-CREF and Fidelity
• Please review your benefits each year our lives
  change and you should make sure your benefits
  match your current needs