Issue 3 Oct. 12, 2011 The biweekly newsletter that shows you how to get the most from your UPMC benefits. UPMC MY BENEFITS 2012 Have you completed your 2012 MyHealth requirements? As the MyHealth thermometer shows slightly more than 50% of eligible staff have completed the MyHealth requirements (as of Oct. 6) and will avoid paying an additional $1,000 individual/$2,000 family deductible in 2012. You can check your status through My HUB. Do it today. Requirements must be completed by Monday, Nov. 14. This is the third in a series of six biweekly newsletters that will inform you of the features of and changes to your benefits for 2012. These newsletters will be archived at http://extra.upmc.com/MyBenefits2012/archives.htm. Benefits Changes for 2012 In each issue, we will discuss one or more of the 2012 changes. Don’t miss an issue. Topics discussed in this issue: Medical o Deductible and out-of-pocket increases on all medical plans. o MyHealth deductible credit will increase to $1,000 individual/$2,000 family. o Pharmacy copayments will increase $2.50 for preferred brand-name drugs, and $5 for non-preferred brand-name and specialty drugs. o Specialty medications dispensed only as a 30-day supply (no 90-day mail order will be available). o New out-of-area PPO plan option. Dental o UPMC Dental Advantage will be the only dental provider. Life Insurance o Supplemental life insurance rates reduced. o Ability to increase spouse/domestic partner life insurance each year by $10,000 without medical evidence. Savings Plan o Auto-increase option. PTO o Required changes to the PTO Sell program. Tax Change o Change in local tax withholding law — PA Act 32. • How about a flu shot? Check the latest listing of UPMC’s flu shot clinics for dates and times when you can receive a free flu shot. Visit http://infonet.upmc.com/flu, then click on Flu Shot Clinics under Services and Programs. Bring your UPMC employee identification number and UPMC photo identification, and you will receive 100 healthy step points for taking this step to protect yourself, your family, and our patients and visitors. Take action now You have one month to complete your 2012 MyHealth requirements Nov. 14, 2011 is the deadline to complete your 2012 MyHealth requirements. If you aren’t sure how to check your completion status, click on the video link on the Open Enrollment page on the Benefits site of Infonet to watch a brief instructional video. You also can log in to My HUB, click on the Human Resources tab, then click on MyHealth OnLine under My Benefits to view your completion status. Avoid $1,000 to $2,000 in out-of-pocket expenses When you complete the requirements, you earn your 2012 MyHealth deductible credit of $1,000 for individual and $2,000 for family medical coverage. Without this deductible credit, you will potentially have $1,000 to $2,000 in additional out-of-pocket costs next year for coinsurance-based health care services. Don’t put yourself and your family at risk — complete the requirements today. What are the requirements? • Complete or update your MyHealth Questionnaire (if not completed since Dec. 1, 2010). • Complete a biometric screening between Dec. 1, 2006, and Nov. 14, 2011. • Earn at least 200 healthy step points. What are some quick ways to complete your remaining healthy step points? Continued on Page 2
Transcript
Issue 3 Oct. 12, 2011
The biweekly newsletter that shows you how to get the most from your UPMC benefits.
UPMC
MY BENEFITS 2012
Have you completed your 2012 MyHealth requirements? As the MyHealth thermometer shows slightly more than 50% of eligible staff have completed the MyHealth requirements (as of Oct. 6) and will avoid paying an additional $1,000 individual/$2,000 family deductible in 2012. You can check your status through My HUB. Do it today. Requirements must be completed by Monday, Nov. 14.
This is the third in a series of six biweekly newsletters that will inform you of the features of and changes to your benefits for 2012. These newsletters will be archived at http://extra.upmc.com/MyBenefits2012/archives.htm.
Benefits Changes for 2012In each issue, we will discuss one or more of the 2012 changes. Don’t miss an issue.
Topics discussed in this issue:Medical o Deductible and out-of-pocket increases on all medical plans. o MyHealth deductible credit will increase to $1,000
individual/$2,000 family. o Pharmacy copayments will increase $2.50 for preferred
brand-name drugs, and $5 for non-preferred brand-name and specialty drugs.
o Specialty medications dispensed only as a 30-day supply (no 90-day mail order will be available).
o New out-of-area PPO plan option.
Dental o UPMC Dental Advantage will be the only dental provider.
Life Insuranceo Supplemental life insurance rates reduced.o Ability to increase spouse/domestic partner life insurance
each year by $10,000 without medical evidence.
Savings Plano Auto-increase option.
PTO o Required changes to the PTO Sell program.
Tax Changeo Change in local tax withholding law — PA Act 32.
• How about a flu shot?
Check the latest listing of UPMC’s flu shot clinics for dates and times when you can receive a free flu shot. Visit http://infonet.upmc.com/flu, then click on Flu Shot Clinics under Services and Programs. Bring your UPMC employee identification number and UPMC photo identification, and you will receive 100 healthy step points for taking this step to protect yourself, your family, and our patients and visitors.
Take action nowYou have one month to complete your 2012 MyHealth requirementsNov. 14, 2011 is the deadline to complete your 2012 MyHealth requirements. If you aren’t sure how to check your completion status, click on the video link on the Open Enrollment page on the Benefits site of Infonet to watch a brief instructional video. You also can log in to My HUB, click on the Human Resources tab, then click on MyHealth OnLine under My Benefits to view your completion status.
Avoid $1,000 to $2,000 in out-of-pocket expenses
When you complete the requirements, you earn your 2012 MyHealth deductible credit of $1,000 for individual and $2,000 for family medical coverage. Without this deductible credit, you will potentially have $1,000 to $2,000 in additional out-of-pocket costs next year for coinsurance-based health care services. Don’t put yourself and your family at risk — complete the requirements today.
What are the requirements?
• CompleteorupdateyourMyHealth Questionnaire (if not completed since Dec. 1, 2010).
• Completeabiometricscreeningbetween Dec. 1, 2006, and Nov. 14, 2011.
• Earnatleast200healthysteppoints.
What are some quick ways to complete your remaining healthy step points?
Continued on Page 2
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Watch your mailbox for your Open Enrollment postcard2012 Open Enrollment postcards with enrollment instructions will be mailed to all eligible employees next week. Open Enrollment will take place from Oct. 31 through Nov. 14. This is your annual opportunity to review your current benefit elections and make changes that will be effective on Jan. 1, 2012. Flexible Spending Accounts (FSA) and PTO Buy/Sell must be elected each year during Open Enrollment. Don’t forget to review each issue of My Benefits 2012 to understand all of the benefit changes. Archived copies of all issues can be accessed at http://extra.upmc.com/MyBenefits2012/archives.htm.
Take action now ... Continued from Page 1
• Has it been a while since you’ve seen your primary care doctor?
An annual visit is a great way to earn 100 healthy step points and to stay in touch with your doctor.
• Short on time?
Visit MyHealth OnLine and complete a health assessment. Assessments are worth 25 points each, only take a few minutes to complete, and are available online. To access, log in to My HUB, click on Human Resources, and select MyHealth OnLine to access MyHealth Central. From there, select View All Activities and choose the MyHealth OnLine assessments that are of interest to you.
Health Care Reform updateThe Patient Protection and Affordable Care Act (PPACA), which became law on Mar. 23, 2010, will impact employer-sponsored medical plans in many ways over the next few years. One of the changes that will be effective Jan. 1, 2012, is that you will no longer be required to certify that your dependent child under the age of 26 does not have other medical coverage available to him or her (such as through his or her own employer).
It is your responsibility to be certain that each dependent meets UPMC’s definition of eligibility before you enroll. If you have any questions regarding eligibility, call the UPMC Employee Service Center at 1-800-994-2752, option 3. UPMC may perform periodic dependent eligibility audits. If you are selected as part of the audit, you will be required to provide proof of a dependent relationship, such as a marriage certificate for a spouse or a birth certificate for a child.
Use Auto Increase to accelerate your savingsThe average employee will likely need to save at least 11 times his or her final year’s salary to maintain a consistent lifestyle in retirement. That seems like a big number, so how do you achieve this goal? The answer is to save as much as you can now — and in the future. The October 7 issue of Extra! explained how it is now easier to increase your savings in the UPMC Savings Plan.
Through a new feature called Auto Increase, you can elect to have your Savings Plan contribution rate automatically increase each year by 1% or more until you reach your target contribution rate. Just sign up for Auto Increase and you’ll be on your way to saving more for retirement.
How to take advantage of Auto Increase
Log in to My HUB, click on the Human Resources tab, then select My Retirement under My Benefits. You can select Quick Enrollment or Change Contributions to elect Auto Increase. Questions on the Auto Increase feature in the UPMC Savings Plan should be directed to the UPMC Retirement Center at 1-800-994-2752, option 1, then *0. Representatives are available Monday through Friday, from 9:30 a.m. to 6 p.m.
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Frequently Asked Questions about required 2012 PTO Sell changes As announced in the Sept. 14 My Benefits 2012, the PTO Sell program is changing in 2012 due to Internal Revenue Service (IRS) rules. A detailed explanation of the program and examples of your two options to sell were discussed in that issue, along with information on the new UPMC Employee Hardship Fund.
The PTO Sell program allows you to receive payment for the value of your accrued PTO hours, up to 40 per calendar year. However, if you elect to sell PTO during the calendar year instead of in advance of the new calendar year during Open Enrollment, you will have a 6% reduction in the value of the payout automatically applied to the amount that you have elected to sell. The 6% reduction is not a tax, but is a required reduction per IRS rules.
Q. How can I avoid the 6% reduction when selling PTO?A. Each year during Open Enrollment, you will be able
to make an irrevocable election to sell PTO for the following year. You may sell a minimum of eight hours up to a maximum of 40 hours. The amount of PTO sold is generally paid by the end of January of the following year, provided you have a balance of at least 80 hours remaining in your PTO bank after the hours are sold. You will receive 100% of the value of the PTO sold and the amount paid will be taxable income, just as in the past.
Q. If I sell PTO during the calendar year and have the 6% reduction applied to the amount sold, where is this money going, if it is not a tax?
A. UPMC will create an Employee Hardship Fund and contribute at least 6% of the total reduction for PTO sold during the calendar year. These funds will be used to provide up to $1,000 to employees who experience an immediate financial hardship, such as eviction, foreclosure, or unreimbursed medical expenses, among others. Employees also will have the opportunity to donate PTO to this fund to assist fellow employees who have no other means to cover these expenses.
Q. Can I elect to sell PTO during Open Enrollment and during the year?
A. Yes, as long as the total hours being sold does not exceed 40 hours for the calendar year and you have 80 hours in your PTO bank after the hours are sold. The value of the PTO Sell hours elected during Open Enrollment will be paid out at 100% and the value of the PTO sold during the year will be paid out at 94%. In both cases, the value of the PTO sold is taxable income.
Q. If I elect to sell PTO, can I also donate PTO to the Employee Hardship Fund during the same calendar year?
A. Yes. You can sell up to 40 hours of PTO and donate PTO during the same calendar year. Both PTO Sell and PTO donations are considered taxable income. However, PTO donations also may be eligible as a charitable donation on your individual tax return. PTO donations can be made in one-hour increments and more than once a year for employees interested in minimizing the tax implications from any one pay.
Updated 2012 benefits information now available on InfonetInformation and easy-to-access tools to prepare you when making your 2012 Open Enrollment selections can now be found on Infonet. Take a few moments to read the Open Enrollment 2012 page on the Benefits site of Infonet, where you will find:
If you have questions after reviewing this information, call the Employee Service Center at 1-800-994-2752, option 3, between the hours of 8 a.m. and 5 p.m., Monday through Friday.
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The benefits described in this newsletter provide a general overview of the standard benefits available to most UPMC employees but may not apply to all staff members. Physicians and members of collective bargaining units should refer to the terms of their contracts for information regarding their eligibility for UPMC benefits.
Benefit Fairs under way at many UPMC locationsOpen Enrollment is your annual opportunity to make changes to your benefit elections. UPMC Benefit Fairs are a great place to ask questions and talk with experts about your benefits. As a UPMC employee, you are welcome to attend any fair at your convenience. Take this opportunity to learn more about your 2012 medical plan options, ways to complete your 2012 MyHealth requirements, UPMC Dental Advantage, and a new opportunity to automatically increase your UPMC Savings Plan contributions.
