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You may be eligible for additional savings through the University’s 2015 Medical Cost Relief Program. You qualify for the program based on your 2014 household income and 2015 and 2016 medical plan cost tiers.
Find out if you qualify for the payments by looking at the 2015 Medical Cost Relief Program - Payment and Guidelines chart. Total annual program savings range from $200 to $450.
If you do qualify, be sure to complete and submit the Medical Cost Relief Program application and a copy of your 2014 federal tax forms by September 15, 2015. Tax forms will be destroyed once the application is approved.
Please note that the cutoff time for enrolling in or making changes to the Optional Retirement Plan or Section 457 Deferred Compensation Plan has changed to 11:30 a.m. on the Wednesday before payroll.
To help you achieve your financial goals, you can access the University of Minnesota benefit, Financial Choice, from LSS Financial Counseling. With Financial Choice, you and your family members are eligible for up to six sessions of free, confidential financial counseling.
You have an opportunity when needed to review coverage levels or an eligibility situation with your reference guides, the 2015 Summary of Benefits for both the UPlan Medical and Dental Programs. Take some time to become familiar with the information in the summaries.
Participating in the Medication Therapy Management program may help improve your health outcomes and understanding of your medications when you meet with a specially trained pharmacist. Consider enrolling in MTM if you take four or more covered medications for chronic conditions.
Use the Benefits Enrollment self-service action to select your medical, dental, and optional benefit choices.
Read U & Your Benefits for faculty and staff and learn more about your pharmacy program, understanding an explanation of benefits from Medica, and other programs and services that are part of your UPlan health plan.
Quick answers to benefits-related questions about these common life events:
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