Monday, November 21, 2011

EMPLOYEE BENEFITS OPEN SEASON

SIGN UP, CHANGE OR TRY SOMETHING NEW

It’s getting to look a lot like open season. In the next several weeks, employees will have opportunities to sign up, make changes to their employee benefits — or consider a new program.

Open Season for the Flexible Spending Accounts (FSA) program begins Monday, Nov. 7, while Federal Employees Health Benefits (FEHB) and the Federal Employees Dental and Vision Insurance Program (FEDVIP) begin Monday, Nov. 14.

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Employees should note that the 2010 Affordable Care Act changed FEHB eligibility requirements allowing children up to age 26 as eligible dependents for Self and Family coverage (Link, 8/17/2010). Employees also should check their insurance coverage for details that could save them money.

Employees can make FEHB and FSA selections on PostalEASE. For FEDVIP elections, go to www.benefeds.com or call 877-888-FEDS (877-888-3337) or TTY 877-889-5680.

Open Season for the Annual Leave Exchange (ALE) begins Tuesday, Nov. 15. Employees eligible to make an ALE election will receive a letter.

FEHB, FSA and FEDVIP booklets also will be arriving in the mail. Look for the information and save it when it arrives or go to the “My HR” section on LiteBlue for more details.

Employees will need their employee identification numbers (EIN) and USPS personal identification numbers (PIN) to enter PostalEASE or LiteBlue.

Enrollment changes and new enrollments made during the 2011 FEHB Open Season will become effective Jan. 14, 2012 (pay period 03-12). New premium payments will be reflected in paychecks dated Feb. 3, 2012. New enrollments made during the 2011 FEDVIP and Flexible Spending Accounts Open Season will be effective Jan. 1, 2012.

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