Benefits

Annual Open Enrollment Process & 2015 Contributions/Premiums

This year’s Annual Open Enrollment period is October 6 – 31, 2014 for participating plans.  Information pertaining to 2015 benefit changes and enrollment opportunities is available on your My UW System Portal by clicking on the Read more>> link under the Annual Benefit Enrollment Period section.

 

2015 Health Plan Changes:

Each health plan will now offer a High Deductible Health Plan (HDHP) option in addition to their current regular plan.  An HDHP provides coverage much like the regular plans except you must meet the annual deductible before services are covered.  Click here for an overview of the High Deductible Health Plan.  The annual deductible for the HDHP plans for 2015 will be $1,500 for single coverage and $3,000 for family coverage.

 

a Regular Plan HDHP
Deductible Single  $0 Family
$0
Single $1,500 Family $3,000
Annual Coinsurance Out-of-Pocket Limit* $500 $1,000 $1,000 $2,000
Total Employee Contribution $500 $1,000 $2,500 $5,000
*90%/10% to OOPL a a a a

2015 Health Insurance Premiums

Plan Name Regular Plan Employee Premium HDHP Plan Employee Premium
Anthem Blue Preferred- Northeast Network Single –  $92.00
Family – $230.00
Single –  $32.00
Family – $81.00
Arise Health Plan Single –  $92.00
Family – $230.00
Single –  $32.00
Family – $81.00
Dean Health Insurance- Prevea 360 Single –  $92.00
Family – $230.00
Single –  $32.00
Family – $81.00
Humana Eastern Single –  $92.00
Family – $230.00
Single –  $32.00
Family – $81.00
Network Health Plan Single –  $92.00
Family – $230.00
Single –  $32.00
Family – $81.00
United Healthcare of WI Single –  $92.00
Family – $230.00
Single –  $32.00
Family – $81.00
WEA Trust PPO-East Single –  $92.00
Family – $230.00
Single –  $32.00
Family – $81.00
Standard Plan Single –  $267.00
Family – $666.00
Single –  $207.00
Family – $517.00

 

Health Savings Account (HSA):

A Health Savings Account will be available for those who elect to enroll in a High Deductible Health Plan.  Click here for an overview of the HSA.

 

Annual Contribution Information for HSA
HDHP Enrollment Employer Contribution 2015 Limit (including ER contribution)
Single Plan $170.00 $3,350*
Family Plan $340.00 $6,650*

* If you are 55-65 years old, you may contribute an additional $1,000 “catch-up” per year to your HSA.

 

Flexible Spending Accounts (FSA):

TASC will be the new  Employee Reimbursement Account (ERA) vendor in 2015 and will offer three Flexible Spending Accounts in 2015:

  • Health Care FSA
  • Dependent Day Care FSA
  • Limited Purpose FSA*

*The Limited Purpose FSA is designed for those who are enrolled in the HDHP and HSA and are looking for an additional medical care FSA.  It allows you to pay for qualified vision, dental, and post-deductible medical expenses.

 

New FSA Changes for 2015:

  • The plan year will be January 1, 2015 to December 31, 2015.  There will be no grace period from January 1, 2016 to March 15, 2016.  Expenses must be incurred between January 1, 2015 and December 31, 2015.
  • If you have any monies left in your FSA on December 31, 2015, you will be able to carry over a maximum of $500 to the 2016 plan year.  Anything over $500 will be lost.
  • You will have until April 15, 2016 to file your 2015 claims.

 

Supplemental Dental/Vision Plans:

Epic Benefits+, Dental Wisconsin, and VSP Vision Insurance will all be offering open enrollment opportunities.  Please view details on each of the plans under the Annual Benefit Enrollment Period section on your portal.

 

2015 WRS Contributions:

Employee Category 2015 Employee Contribution 2015 Employer Contribution 2014 Employee Contribution 2014 Employer Contribution
General/Teacher 6.80% 6.80% 7.00% 7.00%
Executive 7.70% 7.70% 7.75% 7.75%
Sworn Police Officer 6.80% 9.50% 7.00% 10.10%

 

 

Employee Benefits & Wellness Fair will be held on Wednesday, October 8th from 11:30 a.m. to 2:30 p.m. in the Phoenix Rooms.  Click here for more details, including a list of vendors attending.

Annual Open Benefit Sessions:

This year we will once again be offering Benefits Open Lab Session where employees can stop by to ask benefits questions, learn more about 2015 benefit changes, and receive assistance with the E-benefits enrollment process.  All benefit sessions will be held in IS 1004.

October 9, 2:30-3:30
October 13, 9:00-10:00
October 16, 1:00-2:00
October 20, 3:00-4:00
October 22, 9:30-11:00
October 24, 10:30-12:00
October 28, 11:00-1:00
October 30, 1:30-3:30
October 31, 8:30-10:30

Annual Open Enrollment Period Begins on October 6

Mark your calendars! The Annual Benefit Open Enrollment period is October 6 – 31, 2014 for participating plans.

Annual Open Enrollment information will be available on the My UW System Portal, under the Annual Benefit Enrollment Period section.  A summary will be provided directly on the portal, however detailed benefit information about the open enrollment period will be provided by clicking on the Read More>> link at the bottom of the section as it becomes available.

*New for 2015* Each health plan will now offer a High Deductible Health Plan (HDHP) in addition to their current regular plan.  An HDHP provides coverage much like the regular plans except you must meet the annual deductible before services are covered.  A Health Savings Plan (HSA) will be available for those who elect to enroll in a HDHP plan.

Our office will be sending out additional information pertaining to open enrollment, including 2015 premium rates, by the end of next week.  You will also be receiving email communications from UW System HR throughout the open enrollment period.

 

Training Opportunities:
We will be holding an informational training session on benefit changes and updates for 2015 this Friday, September 26th from 10:30-11:30 as part of the 2014 All-Employee Training Series.   If you have not already registered for this session and would like to attend, please email payrollandbenefits@uwgb.edu.

The Employee Benefits & Wellness Fair will also provide you with an opportunity to learn more information about your benefits and options you have during the annual open enrollment period.  We will also be offering Benefits Open Lab sessions again this year where you can stop by to ask benefits questions, learn more about 2015 benefits changes, and receive assistance with the E-benefits enrollment process.  Click here for details on the fair and for dates of the Benefits Open Lab session.

And as always, if you have any questions regarding Open Enrollment or your benefits, please feel free to contact:

Kimberly Danielson
Classified & Unclassified CPS Benefits Specialist
Phone: 920-456-2196
Email: danielsk@uwgb.edu

Sue Miller
Unclassified Benefits Specialist
Phone: 920-465-2816
Email: millers@uwgb.edu

 

Don’t miss your once a year opportunity to enroll or make changes to your benefits!

 

Fidelity Investments Individual Counseling Sessions

Fidelity Investments is offering individual counseling sessions where you can confidentially discuss your financial situation with a Fidelity representative.  These sessions will give you the opportunity to:

  • Explore your plan benefits in more depth
  • Consolidate retirement account into the UW 403(b) retirement plan
  • Explore distribution options for pre-retirees
  • Tap into Fidelity’s experience and expertise
  • Make decisions that help you meet your goals

David Eichler, Fidelity Planning & Guidance Consultant will be coming to campus on:

Thursday, October 16, 2014
8:00 a.m. to 5:00 p.m.
Heritage Room, University Union

To schedule a confidential consultation with your Fidelity Investments representative, David Eichler, call 1-800-642-7131 or go to www.fidelity.com/atwork/reservations.

Health Plan Wellness Incentives are Taxable to Employees

The State of Wisconsin recently extended a number of financial incentives to employees through the Well Wisconsin employee wellness program. If you are covered under the State of Wisconsin Group Health Insurance program, you are eligible for a financial incentive to complete biometric testing and health risk assessment.  Depending on your health plan, you may also be eligible for financial reimbursements for wellness related expenses such as gym memberships, fitness classes, or the cost to participate in Community Support Agriculture (CSA) programs.  You can learn more information about the benefits available to you by accessing wellwisconsin.wi.gov.

Per guidance from the federal government and the Internal Revenue Service (IRS), these benefits are classified as taxable fringe benefits. This means that any financial incentive you receive from the program is taxable income for state and federal tax purposes.

What this means for you:

  • Beginning in 2014 financial incentives will be reported by your employer as a taxable wage and will be subject to applicable withholdings and taxes. You will see withholdings for all incentives issued in the current calendar year reflected on your December pay stub. This will include incentives issued to your eligible family members.
  • Withholding will include 7.65% for Social Security and Medicare and may include withholding for federal and state taxes, depending on the number of exemptions you claimed on your W-4.
  • Due to the year-end reporting, incentives normally paid during the months of November and December will be delayed until the next tax year.
  • Federal regulations requires the UW Service Center to receive financial data regarding incentives issued to employees and their covered family members. Your health information is protected by federal privacy regulations and is not shared with your employer.

Even with the federal government’s tax regulations, eligible employees are able to receive substantial financial rewards for using the wellness incentives offered by the State of Wisconsin and participating health plans. Benefits available through the Well Wisconsin program are also available to any dependent over the age of 18 who is covered by your State of Wisconsin insurance plan.

If you have any questions or concerns feel free to contact ETF at 1-877-533-5020 or our office at 465-2390.

WRS Benefit Presentations

Attention Employees covered under the Wisconsin Retirement System:

WRS Benefit Presentations, Webinars, Group Appointments, Benefit Fairs Set for September – December 2014

Representatives from ETF frequently give presentations at a variety of locations throughout Wisconsin. These staff appearances offer members an opportunity to learn about the Wisconsin Retirement System and related benefits. We encourage all members to attend an ETF presentation. Statewide benefit presentations, group appointments, webinars and benefit fairs offer you an opportunity to ask questions of knowledgeable ETF staff. For more information on benefit presentations, groups appointments, webinars and benefit/health fairs, read Employer Bulletin Vol. 31, No. 12.

ETF Learning Opportunity Update — August Webinars

Attention Employees covered under the Wisconsin Retirement System

The Department of Employee Trust Funds (ETF) is offering the following webinars during the month of August.  See ETF’s information below regarding their upcoming webinars.

 

ETF Banner

You are subscribed to Current News/Press Releases, Benefit Presentations, Employer Training and/or Schedule of Benefits Presentations for the Wisconsin Department of Employee Trust Funds (ETF). This information has recently been updated and is now available.

Webinars

Live Webinars Scheduled for August
ETF is offering a series of 30-minute, live, interactive webinars designed to increase your understanding of Wisconsin Retirement System (WRS) benefits. Individuals can also ask questions at the end of these sessions. Visit our webinar page to learn more about any of the following sessions. Here is what others have said about our webinars:

  • “My participation in the webinar was a first for me, and I just want to compliment you on how easy it was to connect, follow along, and provide questions or requests. Excellent job!”
  • “Thanks for having these valuable webinars. The professional but conversational style helped me to understand the presentation as easily as an “in office” meeting. Really appreciate that the presenter fully understands the subject. Wonderful job.”

How Divorce Can Affect Your WRS Benefits/QDRO (Qualified Domestic Relation Order)

This webinar covers not only how divorce can affect your WRS benefits, but also the importance of properly completing the QDRO required by ETF under state law. We will also review what happens once a valid Qualified Domestic Relations Order is accepted and processed by ETF.

  • Tuesday August 12, 11:30 a.m. – 12:00 p.m.
  • Thursday August 21, 1:00 p.m. – 1:30 p.m.

Additional Contributions
Find out how making additional contributions to your WRS account can potentially increase your retirement. This webinar also provides examples of how contributions grow over time with interest, how to pay additional contributions (payroll deduction or direct pay), etc.

  • Thursday August 7, 12:00 p.m. – 12:30 p.m.
  • Monday August 18, 6:00 p.m. – 6:30 p.m.
  • Wednesday August 27, 11:30 a.m. – 12:00 p.m.

Register for a webinar

ETF Learning Opportunity Update — July Webinars

Attention Employees covered under the Wisconsin Retirement System

The Department of Employee Trust Funds (ETF) is offering several webinars during the month of July.  See ETF’s information below regarding their upcoming webinars.

Webinars

Live Webinars Scheduled for July
ETF is offering a series of 30-minute, live, interactive webinars designed to increase your understanding of Wisconsin Retirement System (WRS) benefits. Individuals can also ask questions at the end of these sessions. Visit our webinar page to learn more about any of the following sessions. Here is what others have said about our webinars:  “My participation in the webinar was a first for me, and I just want to compliment you on how easy it was to connect, follow along, and provide questions or requests. Excellent job!”   “Thanks for having these valuable webinars.  The professional but conversational style helped me to understand the presentation as easily as an “in office” meeting. Really appreciate that the presenter fully understands the subject. Wonderful job.”

WRS Employee and Employer Contribution Rates
This webinar will review how employer and employee contributions help keep the WRS fully funded. We will discuss how the contribution rates are calculated, why they change annually, where those dollars go and the contribution rate changes for 2015.

Tuesday July 1, 11:30 a.m. – 12:00 p.m.
Thursday July 10, 12:00 p.m. – 12:30 p.m.
Wednesday July 23, 6:00 p.m. – 6:30 p.m.
Friday July 25, 12:30 p.m. – 1:00 p.m.
Wednesday Jul 30, 1:00 p.m. – 1:30 p.m.

Beneficiary Designation
Do you have a beneficiary designation on file with ETF and does it reflect how you’d want your WRS death benefits paid? This webinar reviews the importance of having a beneficiary designation on file and keeping it updated as life events occur. We’ll also review the process of how to correctly complete a designation form, what it means if you do not have one on file with ETF, and how to request a copy of your current form.
Wednesday July 9, 11:30 a.m. – 12:00 p.m.
Tuesday July 15, 12:00 p.m. – 12:30 p.m.
Monday July 28, 6:00 p.m. – 6:30 p.m.

Overview of the Wisconsin Retirement System
This webinar will cover participation in the WRS, vesting requirements, how the WRS is funded and benefits available under the WRS.  Also included is a brief overview of the Core and Variable Trust Funds and how the WRS is structured.

Monday July 14, 1:00 p.m. – 1:30 p.m.
Thursday July July 24, 12:00 p.m. – 12:30 p.m.
Wednesday July 30, 11:30 a.m. – 12:00 p.m.

Register for a webinar

Long Term Care Insurance

HealthChoiceNOTE:  This is a voluntary, employee-pay-all premium benefit plan.  Your State of Wisconsin employer does not pay any portion of the premium.

Important Insurance Protection for State, University of Wisconsin, UW Hospitals & Clinics Employees & Annuitants and their Family Members is now available.

Simply click here to request an information packet.

Mutual of Omaha Life Insurance Company is now offering a new plan; MutualCare Custom Solution policy to eligible Employees, Annuitants, and their family members. These voluntary purchase long-term care insurance policies are offered at a group-discounted premium. (Spouse, domestic partner, parents and in-laws are all eligible to apply, even if you don’t purchase)

Each year, many Americans lose significant income, savings and assets because of long-term care expenses. Long-term care insurance is designed to help protect against the high costs of long-term care if you or a family member can no longer perform activities of daily living without the need of assistance. Health insurance or Medicare will not pay for this type of care. For many, long-term care insurance is an important part of planning for their long-term financial security.

HealthChoice also provides CareOptions services to all State, University of Wisconsin and UW Hospitals & Clinics Employees, Annuitants and their family members at no charge and no insurance purchase required. To use this service, request an information packet and it will contain the CareOptions member access information.

The MutualCare Custom Solution policy offers additional built-in benefits that include:

  • If, prior to age 65, you sustain an injury requiring home health care, assisted living facility or nursing home care, your policy will pay up to two times the maximum benefit.
  • Cash benefits that  can be used any way you choose – you simply receive the full monthly cash benefit you select to pay for anything at all… family travel expenses, lost income, housekeeping services or other out-of-pocket expenses – there’s no need to collect or submit bills.
  • Cash beginning with the first day of need – no elimination period to satisfy.
  • Many other additional benefits and features listed in the information packet.

The CareOptions Program can assist you or family members with issues related to wellness, illness, disability, or aging. As an additional convenience, the CareOptions service can help you and your family members create Living Wills (advance directives for health care) as well as allow you to conduct care provider searches and medical information research seven days a week, 24 hours a day.

We urge you to investigate this plan for you and your family. To receive a complete information packet regarding your long-term care insurance options and access to the new CareOptions resources, simply click here to request an information packet. You may also call HealthChoice toll-free at 1-800-833-5823 or in the Madison area at 833-5823 or email info@healthchoice.com. For a direct information link, click or paste in your web browser’s address line: http://www.healthchoice.com/reply1

Since 1995, State of Wisconsin employees, annuitants, their spouses and parents have had the option of purchasing a long-term care insurance policy through HealthChoice. (Spouse, domestic partner, parents and in-laws are all eligible to apply, even if you don’t).

COOL™ and CareOptions® are registered trademarks of NavGate Technologies®, a division of CareQuest® Inc. The COOL and CareOptions system is owned and operated by NavGate Technologies and provided by HealthChoice Insurance Solutions as a service to its group members. CareOptions is a consumer driven wellness and care planning system – CareOptions is not insurance nor is it owned or operated by any insurance company, HMO or care provider.

This insurance plan has been authorized by the Group Insurance Board for the purpose of offering long term care insurance to eligible State of Wisconsin employees and retirees under authority granted by Wis. Stats. § 40.55 and as set forth in Wis. Admin Code Chapter ETF 41. The criteria the Board uses include, but are not limited to: documentation of financial stability, demonstration of a reasonable ratio of claims paid to the premium level, authority to conduct business in the State of Wisconsin, agreeing to conditions for the rate-making process and other administrative conditions. ETF staff and the Board’s actuary review proposals for participation prior to Board approval. However, the Board does not require competitive bids nor a benefit comparison with similar products from other vendors. Authorization for payroll deduction should not be construed as an endorsement of this plan by either the Group Insurance Board or the Department of Employee Trust Funds. This insurance has exceptions, limitations and reductions. This letter is used as a source of leads in the solicitation of insurance and you may be contacted by an insurance agent if you request an information packet.

Insurance products are offered through HealthChoice. HealthChoice is not affiliated with any insurance company or HMO. Long-Term Care Insurance is underwritten by United of Omaha Life Insurance Company, Omaha, Nebraska 68175.

Policy form ICC13-LTC13
ICC13-M28385-WIAG

HealthChoice
583 D’Onofrio Drive 101 • Madison, Wisconsin 53719
(800) 833-5823 • Fax (608) 833-7540
E-mail: info@healthchoice.comwww.healthchoice.com

ETF – Live Webinars

Live Webinars Scheduled

ETF is offering a series of live, interactive webinars – online presentations – designed to increase your understanding of Wisconsin Retirement System (WRS) benefits. Unless otherwise noted, all webinars are 30 minutes with time for webinar-topic related questions at the end of the sessions.

NEW Topics:

  • Variable Fund
  • Buying Service
  • Annuity Options

Check the ETF Live Webinar Website for dates and times.