Updates and Reminders

Blue Cross Blue Shield Insurance Updates

September 25, 2023: Creditable Drug Coverage Notice - Must be distributed to all individuals covered by the University Health Insurance through Blue Cross Blue Shield who are eligible for Medicare coverage.

November 2023: Open Enrollment for calendar year 2024 healthcare and dependent care flexible spending accounts (FSA/DCA) is taking place during the month of November.  

FSA/DCA accounts allow an employee to set aside pre-tax dollars via payroll deduction for certain healthcare (maximum of $3,200) and dependent care (maximum of $5,000) expenses incurred throughout the year.  The plan is available to all full-time, regular employees at no cost.  The FSA/DCA accounts are administered by HealthEquity, a third-party administrator for Blue Cross/Blue Shield. Eligible expenses covered under the FSA can be for the participant and their spouse and eligible dependents, whether covered under the University’s group health plan or not. 

Want to know more about how FSA’s work?  This guide provides very helpful information about FSA accounts, a list of eligible expenses, and even a calculator to help you determine the election amount that is right for you.

For healthcare expenses, participants are provided with a debit card to use for out-of-pocket expenses.  Also, for healthcare expenses, funds do not yet have to be accrued in order to be used.  All transactions and requests for documentation by HealthEquity are managed through each participant's HealthEquity web portal account.

Please be advised that, because this plan is eligible for IRS exemptions, it is a "use-it-or-lose-it" plan.  So, it is advisable to only set aside funds for expenses you are certain you will incur within the calendar year of enrollment.  To enroll, please complete the digital application which will automatically be submitted to Human Resources upon completion.  The deadline to apply is November 17, 2023.

If you have any questions, please do not hesitate to contact Benefits Specialist, Becky Price, at 4650 or rjprice@una.edu.

Teachers' Retirement System Updates
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Handbook / Policies