Annual Enrollment Begins Nov. 3
It’s time to consider your benefits for 2015. U.S. Annual Benefits Enrollment begins November 3 and runs through November 14.
Even if you are satisfied with your current coverage, take another look at your options. Review the 2015 costs and consider your needs. Be sure to make any adjustments before the November 14th deadline.
Changes for 2015 include dental and vision plan enhancements, PPO medical plan cost increases, and a new rule that lets you carry over up to $500 of unused Health Care Flexible Spending Account money into 2015. Get the details about what’s new or different about your 2015 benefits here.
Choose carefully. Any changes you make during open enrollment become effective January 1, 2015. If you miss the annual enrollment deadline, you can’t make any changes until the next enrollment period in the fall of 2015. However, you can make changes to certain benefits outside of the open enrollment period if it’s within the 31-day deadline after a qualifying life event, such as marriage or birth. See “When Can I Change My Benefits?” for more information about life events.
Annual Enrollment Checklist
- Find information about all the 2015 changes at mybmcbenefits.com starting November 3.
- Read the enrollment brochure mailed to your home, attend a benefits meeting, or watch a recorded WebEx.
- To enroll, go to My BMC Compensation & Benefits starting November 3 and select Enroll Now!
- You can also enroll by phone with a Your Benefits Resources representative at 1-877-262-4849, between 8 a.m. and 9 p.m., Eastern time, Monday through Friday. For your protection, you’ll need your user ID and password.
- If you don’t make any changes by November 14:
- If you are enrolled in the PPO medical plan, you will pay more for coverage in 2015.
- Your current Flexible Spending Account and Health Savings Account elections will be set to $0. BMC’s contributions to your HSA will continue for 2015.
When Can I Change My Benefits?
Good question! Outside of the annual enrollment period, you can make changes to certain BMC benefits only if you have a "qualified family status change," also called a life event. In these cases, you have 31 days to make changes to your benefits. If you don’t take action, you'll have to wait until the next annual enrollment period in fall 2015 to change your benefits. Read More...
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