Open Enrollment is right around the corner. Are you ready? To help you prepare, Vanderbilt’s HR team is sharing the top 10 things you need to know.
Today’s tip is a reminder that you can make changes to your benefit elections at any time during the Open Enrollment period as long as you complete them by 11:59 p.m. on Oct. 30.
For example, if you would like to elect a different health plan option or adjust the amount of money you put into a flexible spending account, you can make changes as many times as you want during the enrollment period. Just make sure your final elections are submitted online by 11:59 p.m. on Oct. 30. It also is recommended that you keep a copy of the confirmation of your elections.
Note: Keep in mind when you make your elections in My VU Benefits that they are saved as you go through each step of the process. If you log into My VU Benefits again during the enrollment period to make changes, your most recent elections will replace any previous elections you made, even if you do not click all the way through to the confirmation page.
After Open Enrollment, you can only make changes to health, dental, vision and accidental death and dismemberment insurance and flexible spending accounts if you experience a qualifying event. These include marriage, divorce, birth or adoption of a child, death of a covered dependent, termination of employment, or change in spouse or same-sex domestic partner coverage. Please remember you must notify Human Resources within 30 days of the qualifying event in order to complete the Family Status Change process. See the Family Status Change webpage for more information.
Remember: Open Enrollment begins at 8 a.m. on Oct. 14 and ends at 11:59 p.m. on Oct. 30. Elections are effective Jan. 1–Dec. 31, 2016, unless you have a qualifying event as described above. Visit hr.vanderbilt.edu/oe for additional information.