Open Enrollment 2019-2020
Penn Benefits Open Enrollment is your opportunity to make changes to your health care benefits for the 2019-2020 plan year, which begins July 1, 2019.
The Open Enrollment period is April 22-May 3, 2019.
ON THIS PAGE:
- Plan Changes as of July 1, 2019
- Are You Newly Hired and Eligible for Benefits or Have You Experienced a Qualifying Event?
- Your Contributions
- For More Information
No Increase in Medical and Dental RatesYour cost for medical and dental coverage will not increase for the 2019-2020 plan year. The University of Pennsylvania’s medical and dental plans have seen favorable claims experience over the past several years, which has enabled Penn to maintain the same rates for the upcoming year. Although the healthcare market in general has experienced approximately 5% medical cost inflation over the past few years, Penn’s plan costs have been much lower than the industry trend. Thanks to plan design changes, favorable claims experience, enhanced prescription drug management, wellness initiatives and better employee consumerism, Penn’s faculty and staff enrolled in a medical plan will not see an increase in the 2019-2020 plan year.
Plan Changes as of July 1, 2019
Enhanced Life Insurance with MetLife
On July 1, MetLife will become Penn’s life insurance provider. Penn’s Basic Life Insurance for eligible faculty and staff will continue to be 1 x your benefits base salary up to $300,000. Penn provides Basic Life Insurance coverage at no cost to you. Additionally, the cost for Supplemental Life Insurance has been significantly reduced.
A One-Time Opportunity to Increase Supplemental Life Insurance Coverage
Supplemental Life Insurance is available with coverage of up to 5 x your annual salary up to a total of $1,000,000. MetLife offers a higher guaranteed issue for Supplemental Life Insurance. That means eligible faculty and staff have a unique opportunity to increase the amount of coverage before providing evidence of insurability (i.e. proof of good health). If your Supplemental Life Insurance coverage is at the current maximum of $500,000, you may be eligible to increase coverage up to 5 x your salary, to a maximum of $750,000 depending on your salary. If you select a coverage level above $750,000 you must provide additional evidence of insurability. To take advantage of this opportunity, you must elect this increase during this year’s Open Enrollment period.
This year you will complete Open Enrollment through the ADP enrollment system at www.pennbenefits.upenn.edu as you have done in previous years. With the launch of Workday@Penn
in July, your benefits elections records will automatically be transferred to a new system and you’ll be able to make beneficiary changes and declare qualifying life event changes on the convenient, state-of-the-art Workday@Penn website,
Be sure to review your choices even if you plan to keep the same coverage you have now. After the Workday@Penn launch, healthcare benefits changes can only be made if you declare a qualifying life event.
Health Care and Dependent Care Flexible Spending Accounts (FSA)
When you participate in a Health Care FSA, you set aside pre-tax dollars to use for certain out-of-pocket healthcare costs. The IRS has increased the FSA limit from $2,650 to $2,700 for the 2019 calendar year. This year, you will make your FSA election in the current ADP system.Starting July 1, as part of the Workday@Penn transition, you can manage your Penn Health Care and Dependent Care FSA on the new, enhanced WageWorks platform. This platform upgrade will provide a better mobile experience with access to FSA apps and improved tools.
To facilitate the upgrade, you will be issued a new debit card. You can only use the new card for your expenses incurred after July 1, 2019. As you know, you can only rollover $500 to the next plan year, so be sure to submit your claims for the
current plan year in a timely manner.
Health Savings Accounts (HSA) for HDHP
An HSA is a tax savings account for High Deductible Health Plan participants. HSA funds may be used to offset the cost of care. Penn will contribute to your HSA $1,000 for single coverage or $2,000 for family coverage. You can also contribute additional money to an HSA via pre-tax payroll deductions.
Penn’s Health Savings Account administration is moving from Aetna/Payflex to WageWorks. A new account will be opened for participants at BNY Mellon. During Open Enrollment, in order to establish your new account, you will be required to agree to the BNY Mellon Terms and Conditions. If you have funds in your HSA at the end of the plan year, they will be transferred to a new bank, BNY Mellon.
HDHP plan participants, watch for important notification in the mail and your email inbox. You will receive new debit cards for the 2019-2020 plan year. You can expect to receive your employer contribution in early July.
WageWorks will transfer your HSA balance to BNY Mellon by early August. BNY Mellon will add these funds to your new HSA. If you do not want these funds to be moved, you will receive instructions to opt out of the transfer and you will be responsible for managing any ongoing monthly service fees.
The IRS has announced an increase in the HSA family maximum contribution by $50 for calendar year 2019. The single contribution limit will be $3,500 and the family contribution limit will be $7,000—inclusive of your employer contribution.
Account Rules Reminder
Penn is updating its FSA and HSA processes, however the rules for using these accounts remain the same. You may still need to provide receipts to verify that your claims are qualified expenses in accordance with IRS guidelines. The new WageWorks platform makes it easier for you to submit receipts, verify expenses and manage your accounts.
New Behavioral Health Networks for PennCare/Personal Choice PPO and Aetna POS
Quest Behavioral Health will be the new behavioral health administrator for the PennCare PPO plan, replacing Penn Behavioral Health. It is important to note that all of the Penn Behavioral Health network providers are transitioning to the Quest network. Plus you may have access to additional providers from the Quest network.
Participants in the Aetna Choice POS Plan will change from the Penn Behavioral Health network to Aetna Behavioral Health network providers for services. You can check your provider’s participation with Aetna through Aetna Navigator at www.Aetna.com.
If you or your dependents are currently receiving treatment through a provider who is not in the Aetna or Quest network, a transition of care plan will be developed for you.
Participants in the Aetna HDHP Plan will continue to use Aetna Behavioral Health network providers and Keystone Health Plan participants will continue to use the Magellan network.
Dermatology Screening as Preventive Care
This year Penn is adding an annual dermatology visit to the list of preventive screenings that have a $0 copay. This benefit is being added to all medical plans.
Your contributions for medical, dental, vision, and the flexible spending accounts are made with pre-tax dollars. You pay for employee and dependent life insurance with after-tax dollars. All contributions are taken from your paycheck in the month for
which your benefits are effective. Your pay must support your contributions for the benefits elected. If that is not the case, then your enrollment cannot be processed.
Campus Locations To Access the Penn Benefits Website
If you don’t have internet access at home or at work, don’t worry—log on to manage your benefits at one of these convenient locations:
Goldstein Undergraduate Study Center
3420 Walnut Street (ground level of Van Pelt Dietrich Library)
Monday–Thursday: 24 hours daily
Friday: closes 12 midnight
Sunday: opens 10am
600 Franklin Building
3451 Walnut Street
AppleOne Employment Services Penn Job Center
3440 Market Street, Suite 105
Are You Newly Eligible for Benefits or Have You Experienced a Qualifying Event?
If you’re newly eligible for benefits or you experience a qualifying life event between now and June 30, 2019, you’ll need to enroll twice: once to elect or change your benefits for the current plan year (through June 30, 2019), and then again to elect your coverage for the 2019-2020 plan year (starting July 1, 2019). Download the Guide to Managing Life Events for details.
For More Information
- Attend and on-campus Information Session
|Monday, April 1||11:00am-12:30pm||Houston Hall, Bodek Lounge|
|Tuesday, April 2||12:00pm-1:30pm||The ARCH, Room 108|
|Thursday, April 4||12:30pm-2:00pm||Houston Hall, Ben Franklin Room|
|Tuesday, April 9||1:00pm-2:30pm||The ARCH, Room 108|
|Wednesday, April 17||12:30pm-2:00pm||Biomedical Research Building 2, Glen Gaulton Auditorium|
|Thursday, April 18||11:00am-12:30pm||Houston Hall, Golkin Room|
|Monday, April 22||11:00am-12:30pm||Houston Hall, Bodek Lounge|
|Tuesday, April 30||11:00 am-12:30pm||Steinberg Dietrich Hall, Room 209|
- Attend an Open Enrollment and Wellness Fair
|Tuesday, April 23||9:30am-1:30pm||Houston Hall, Hall of Flags|
|Thursday, April 25||10:00am-2:00pm||New Bolton Center, Kennett Square|
- Contact the Penn Benefits Center at 1–888–PENNBEN (1–888–736–6236), Monday–Friday, 8am–6pm, and Saturday, 8am-5pm (Eastern).
- Contact HR via email.