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. Open enrollment period begins Monday, October 24 and ends at 5:00 p.m. (EST) on Friday, November 4, 2016. There are no major plan changes for 2017.
- Make your benefits changes carefully. 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.
- Life insurance, Long-Term Disability, and the retirement savings plans are not part of Open Enrollment and you may enroll or make changes to your coverage or enrollment in these plans at any time.
How to Change Your Benefits
While you are encouraged to review your U-M benefits coverage and options, no action is required to keep your benefits. As long as you remain eligible, your current benefits will continue through 2017, with one exception. IRS rules do not allow Flexible Spending Account (FSA) enrollments to carry over from year to year. If you want to participate in in an FSA in 2017, you will need to re-enroll.
To change your benefits or enroll in an FSA, follow these steps during Open Enrollment, beginning Monday, October 24 and ending at 5:00 p.m. on Friday, November 4, 2016:
Go to Wolverine Access and select the Faculty & Staff tab (or select Students if you are a benefit-eligible graduate students).
Click Employee Self-Service (students should select Student Business).
If you are not already logged in, enter your login ID and password on the University of Michigan Weblogin page.
On the Self Service page, click Benefits Enrollment under Benefits.
Follow the instructions to review your current benefits and make any changes.
You can store your changes until you are ready to send them for processing. Click the Submit button until your online Confirmation Statement is displayed. Your selections will not be processed unless you complete the submit process and view a Confirmation Statement.
You may continue making changes as often as you wish until 5:00 p.m. (EST) on Friday, November 4, 2016. Changes and new rates go into effect on January 1, 2017.
For tips on actions you can take to prepare for Open Enrollment, download the Open Enrollment checklist to print or save to your desktop.
- Think about next year. Do you need to change your medical, dental, vision or legal services plan for 2017?
- Protect your loved ones. Update your beneficiary designations for your life insurance and retirement savings accounts now.
- And add eligible dependents you want to cover in 2017 to your benefits during Open Enrollment. If your child's first dental visit will be in 2017, be sure to add your child to your dental coverage.
- Take simple steps to save more. Consider enrolling in a Health Care Flexible Spending Account and or a Dependent Care Flexible Spending Account (FSA) for 2017. While you do not need to do anything to continue your other benefits, IRS rules do not allow FSA enrollments to carry over to the following calendar year. Even if you're currently enrolled in an FSA you need to re-enroll for next year. And if you're not already participating in the mail order pharmacy program, sign up to get your prescriptions by mail to save on copays.
- Get the most of of your health care with new tools to help you find the safest hospitals, have a conversation with your doctor and more.
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.