All fully benefits-eligible faculty and staff will be required to make an active plan selection during October’s Open Enrollment for 2022 coverage. Employees will not automatically default into their current plan if no action is taken.
|Benefit||If NO action taken:|
|Health Plan||· If you don’t make a plan selection, you will be placed in the Choice CDHP at the same tier (Employee only, Employee + Child(ren), Employee + Spouse, Employee + Family) you have now.
· You’ll miss out on a $20/month credit toward premiums if you do not complete the attestation that you and your covered family members are tobacco-free.
· You’ll pay a $100/month spousal fee, if your spouse is on the Vanderbilt Health Plan and has access to health insurance through their employer. If your spouse does not have access to another employer’s health plan, or works for Vanderbilt University, you must complete this attestation every year to avoid the fee.
|Dental Plan||You’ll have the same coverage you have in place for 2021.|
|Vision Plan||You’ll have the same coverage you have in place for 2021.|
|No pre-tax money can be deposited in your health care and/or dependent care FSA unless you enroll each year.|
|Health Savings Account (HSA)||· If you are new to the CDHP health plan, no pre-tax money can be deposited into your HSA unless you enroll by accepting terms and conditions in the Open Enrollment window and activate your account via Fidelity.
· If you have been in the CDHP and currently have an HSA, no pre-tax money can be deposited into your HSA unless you confirm your account each year.
|Accidental Death & Dismemberment||You’ll have the same coverage you have in place for 2021.|
More information to come
Continue to watch for communications from VU Human Resources between now and the Open Enrollment period, which runs Oct. 18–29. Premiums, what’s new for 2022, and chances to meet with the benefits team will be communicated the first week of October.