Employees who don't enroll will be placed in highest-deductible medical plan for 2014
October 28, 2013
All benefits-eligible employees who do not take advantage of their opportunity to choose a 2014 medical plan or to opt out of Purdue medical coverage for next year by 6 p.m. (ET) Nov. 15 will be automatically enrolled in 2014's highest-deductible medical plan, the Purdue Health Plan Plus HSA 2. The automatic enrollment extends even to those who are currently opted out of Purdue medical insurance.
However, these employees will miss out on one of the key features of the plan -- a health savings account (HSA) through Purdue. Purdue can open an HSA for an employee only when he or she authorizes it during benefits open enrollment. Consequently, employees who do not actively enroll in the Purdue Health Plan Plus HSA 2 will not have a health savings account (HSA) through the University and will not receive an HSA contribution from Purdue.
Additional results of not enrolling will be:
* The employee may be able to open an HSA through a financial institution but will not be able to open an HSA through Purdue in 2014.
* Eligible family members the employee currently covers on a Purdue medical plan will be enrolled automatically in the Purdue Health Plan Plus HSA 2 for 2014.
* The employee and any covered spouse/same-sex domestic partner (SSDP) will be charged the $500 per person annual tobacco-user additional premium.
* The employee will be charged tobacco-user rates on any additional employee term life insurance the employee carries.
* The employee will have no contributions to a flexible spending account (including health care and limited purpose FSAs).
* Other 2013 benefits will roll forward to 2014.