Published to Newsletter on Apr 28, 2021
UNM Benefits Open Enrollment for the 2021-2022 Plan Year (July 1—June 30) ends May 7! As a benefits-eligible employee, Open Enrollment (OE) is your annual opportunity to enroll in or make changes to your UNM medical, dental, vision, life, disability, and accidental death and dismemberment (AD&D) insurance plans. OE is also your opportunity to enroll or re-enroll in a Flexible Spending Account (FSA) for health care, dependent care, or both.
And… there are no rate increases or plan changes for health, life, and disability plans for the 2021-2022 Plan Year!
Fully online options will be available for making changes to or enrolling in medical, dental, vision, and FSAs during Open Enrollment. When making your FSA elections for 2021-2022, review the FSA website for updated information about the plans.
Enrollments or changes to life, disability, or AD&D insurance will be available to you via paper form.
You will not be able to make changes to your benefits after Open Enrollment unless you experience a Qualifying Change of Status Event. Late enrollment changes are not permitted per IRS regulations.
Benefits changes made during Open Enrollment are effective July 1.
VEBA OPTIONS DURING OPEN ENROLLMENT
Were you an active benefits-eligible employee already employed as of June 30, 2013 or hired between June 30, 2013 and June 30, 2015? Current participants of the Voluntary Employee Beneficiary Association (VEBA) have the opportunity to opt-out of VEBA during this Open Enrollment period.
Open Enrollment for FY22 is the only Opt-In opportunity for VEBA participants who opted out with an effective date between May 1, 2015 and May 1, 2016.
Please review the VEBA webpage for more details on these important decisions regarding access to future UNM Retiree medical and dental benefits.
Questions? Visit the Open Enrollment website.
If you have questions, contact Benefits & Employee Wellness at HRBenefits@unm.edu or contact a Benefits SR HR Tech.
Tags: Benefits, OpenEnrollment
