Open Enrollment for 2017 Benefits is October 24 to November 4
Open Enrollment is an annual period when you may make changes to your benefits for the following calendar year. Benefits include the health, dental, vision and legal services plans plus flexible spending accounts. This year, the open enrollment period begins Monday, October 24 and ends at 5 p.m. on Friday, November 4, 2016. Outside of Open Enrollment, the only time you can make changes to your coverage under these plans is within 30 days of a qualifying event. See Life Events for additional information.
There are no major changes to the U-M benefits plans for 2017. If you hare happy with your benefits you don't need to do anything to keep them--with one exception. If you are enrolled in a flexible spending account (FSA) and want to participate in 2017, you will need to re-enroll. Your enrollment in other benefits plans will continue through 2017 unless you make a change during open enrollment, but IRS rules to not allow FSA participation to cross calendar years.
Review Your Current Benefits and Coverage; View Your 2017 Rates
Open enrollment is the ideal time for faculty and staff to review their benefits and covered dependents in anticipation of life events coming up in the next year. For example, a young child who will go to the dentist for the first time in 2017 would need to be added to your dental plan coverage during this year's open enrollment.
Review your current benefits enrollment and coverage, and see your 2017 rates, on Wolverine Access.
Log on to Wolverine Access and select Employee Self-Service > Benefits.
To review your current benefits, select Benefits Summary.
To view your 2017 rates, select Display Benefit Plan Rates and then scroll down; your current rates will be displayed at the top.
To review your covered dependents, select Dependent Coverage.
Planning to Retire in 2017?
If you are planning to retire in 2017, be sure to add any eligible dependents to your benefits during Open Enrollment that you wish to cover on your U-M retirement benefits. You cannot add new dependents to your benefits after you retire. You may wish to attend a planning for retirement class.
Open Enrollment Begins October 24
Beginning on October 24, faculty and staff will use self-service on Wolverine Access to make their benefits changes. If you are a U-M retiree, you may use self-service or complete and send in the enrollment form that will be included in an open enrollment book the Benefits Office will mail to your home address. Make sure to submit all changes by 5 p.m. on Friday, November 4. Benefits changes and new rates will go into effect on January 1.
The Benefits Office will send open enrollment information to eligible faculty and staff by email and will mail information to U-M retirees at their home addresses in early October.