TO: Campus Community

FR:  Ann Marie Musto, Associate Vice Chancellor and Chief Human Resources Officer

RE:  Open Enrollment 2024: Choose the benefits that are right for you

 

Open Enrollment for 2024 begins on Thursday, October 26, at 8 a.m., and ends on Friday, November 17th, at 5 p.m. (PT).   As in past years, UC continues to offer comprehensive benefits with access to high-quality health services.  The same medical and non-medical plans will be offered in 2024 with a few enhancements to benefits across all of UC’s employee plans. 

The medical plans for 2024 will experience rate increases despite UC covering a large share of the premiums. The increases are due, in part, to the impact to health care cost trends of high inflation, increased utilization and continued high pharmacy trends. To help protect UC employees, retirees and their families from rising premiums, UC approved a significant budget increase for 2024 of an additional $84 million for employees and $9 million for Medicare-eligible retirees. These subsidies directly reduced premiums for employees and retirees.

With significant increases to medical premiums it is more important than ever to make sure you understand your options and costs.  UC is offering a full range of tools and resources this year to help you make informed benefits decisions.

Question regarding Open Enrollment can be directed to  HR ServiceNow Employee Services-Benefits-Open Enrollment

Log in to UCPath (employees) starting Thursday, Oct. 26, at 8 a.m. to make your benefits elections. Be sure to finalize and submit your choices by Friday, Nov. 17, at 5 p.m. (PT). Questions regarding the enrollment process should be directed to UCPath.

 

As a reminder, you must enroll or re-enroll in your Health and/or Dependent Care FSA each year.