Why should you complete Open Enrollment?Sep. 25, 2019, 7:52 AM
Vanderbilt’s annual Open Enrollment is a great time to review your benefit elections and reevaluate if last year’s elections are still a good fit for you and your family.
Open Enrollment gives you a chance to change health insurance and other insurance coverage, or opt in to programs such as a flexible spending account, which can save you money.
If you do not actively enroll during Open Enrollment:
- you will be defaulted into the Choice CDHP;
- you also will pay the $100 spousal fee, if married, and elected family coverage in 2019; and
- you will not receive the $20 monthly tobacco-free premium discount.
You can only select your 2020 benefits during Open Enrollment or within 30 days of a qualifying event (such as getting married or having a baby).