2014 Benefits Open Enrollment
Information for the changes for 2015 can be found in the employee group-specific letters on the Open Enrollment website.
Here is an overview of what is changing for 2015:
Flexible Spending Account
Vantage Financial Group Plan Services (VFG) has partnered with Total Administrative Services Corporation (TASC), a national third‐party administrator providing professional benefit administration and technology services for over 30 years. Each participant will receive a welcome kit.
Starting the week of October 6th, you will receive a welcome kit with instructions on how to access and register on the TASC web portal to view your account information and download your personalized claim form and other important documents.
From October 19 through October 31, there will be a brief blackout period while your account information is being transferred to the new processing system. (Please do not submit any reimbursement requests during this time. If expenses are incurred up to October 17, and claims are submitted and received by Vantage by 11:00 a.m. on October 17, 2014, Vantage will process the reimbursement before the blackout period. If there is anticipated point of service within the blackout period, the expenses cannot be paid for using your Benny Card; however, Vantage will provide a letter of FSA participation and availability of funds up to your maximum account balance, via email/fax to a participant or provider, if requested. To request a letter (during the blackout period) of FSA participation and availability of funds up to the maximum account balance, please contact Michelle Bauman, Vantage Financial at 216-642-8034 or email@example.com.
During the week of October 27, each participant will receive a TASC MasterCard. • Watch for your card in the mail (generic white envelope) • You can use your MasterCard to pay for eligible expenses right at the point of service or continue to submit claims as in the past.
The TASC system will not generate check reimbursements. Claims will be processed daily and your reimbursement will be loaded directly onto your new MasterCard in a general use account or issued as a direct deposit.
If you currently receive direct deposit FSA reimbursements, your account information will automatically be transferred to the new system and you will continue to receive direct deposit FSA reimbursements. If you are not signed up for direct deposit FSA reimbursements, you may do so at any point.
For additional information on the new administration process please review the FSA Changes section on the Open Enrollment website.
Note: To participate in the Flexible Spending Account(s), you must enroll each year. You don’t need a TASC ID to enroll for 2015.
Life Insurance and Accidental Death and Dismemberment Insurance
Voya is offering you a one-time opportunity to purchase Supplemental/Optional Life insurance for you and your family without medical Evidence of Insurability. For additional information, please read the Life Insurance and AD & D section on the Open Enrollment website.
Online Open Enrollment via PRESTO
As we continue to improve our processes by the use of technology to deliver our services, we continue to encourage online Open Enrollment. For the first time this year, if you enroll for your benefits and/or give to the OC Giving Campaign online, you will be entered into a drawing for a chance to win a fantastic prize. Additional information will be shared at the Benefits Fair on October 15, 2014.
Benefits you can enroll online are: Health, Dental, Vision, FSA, Life Insurance & AD & D. You may also give to any of the four main organizations in the OC Giving Campaign online!
For an opportunity to obtain more information about the college’s health plans and benefits, the Benefits Fair, takes place on Wednesday, October 15, in Carnegie Hall’s Root Room from 9 a.m. to 3:00 p.m.
You may also direct questions to Human Resources at 440-775-8430 or firstname.lastname@example.org or email@example.com.
Open enrollment for 2015 ends Friday, October 31, 2014.