EBD Alert - Open Enrollment and Rates for 2019 - Details
Posted Date 06/27/2018
EBD Alert – June 27, 2018
Open Enrollment and Rates for 2019 – General Distribution
The open enrollment period for the 2019 plan year will run October 1-31, 2018. Open enrollment applies to active employees, non-Medicare retirees and those on COBRA. Life insurance open enrollment through Securian will also be October 1-31, 2018.
Employees are able make the following changes during open enrollment:
- enroll onto the plan,
- add/drop spouse and dependent coverage,
- change plan levels (only choice for non-Medicare retirees and COBRA),
- cancel coverage completely.
Members who do not elect any changes during open enrollment will keep their current coverage for 2019. Changes elected during open enrollment go into effect January 1, 2019.
For State Agency Employees (ASE) Only:
Open enrollment for Flexible Spending Accounts (FSA) will be October 1 - 31, 2018. Also, open enrollment for voluntary products through ARSEBA will run September 1 - October 31, 2018.
During the June meeting, The State and Public School Life and Health Insurance Board approved a 0% increase for both ASE and PSE employee and retiree rates for 2019. The Board also voted to keep the wellness discount at $75 per month.
For PSE plans, the board lowered plan deductibles by $250.
Rate sheets and plan documents for 2019 will be available later this summer.