Thursday, March 13, 2014

2014-15 Benefits Information - No Spring Benefits Enrollment

Below please find important information from the Benefits Department regarding 2014-15 benefits.

Please note:


None of the changes mentioned below will affect your current benefits. We are sending you this information so that you will be aware of upcoming changes. Your current benefits will remain in effect through August 31, 2014.

·        No spring benefits enrollment
o   There will not be a spring enrollment as in past years. Open enrollment for the 2014-15 plan year will be held in August 2014. The decision to eliminate spring enrollment was made by TRS Trustees.
·        New medical and prescription contractors
o   In February, TRS Trustees awarded a new health plan administrator contract for TRS-ActiveCare to Aetna and a new pharmacy benefit manager contract for TRS-ActiveCare to CVS Caremark. 2014-15 plan year rates and benefits will be established by TRS Trustees at their June 5-6, 2014 meeting based on the claims experience of the plan.
o   More details will be provided to TRS-ActiveCare participants before the new contracts become effective on September 1, 2014. If negotiations between TRS and Aetna fall through, TRS will begin negotiations with the runner-up for the medical benefits contractor.
·        Summer informational meetings
o   The benefits department will host voluntary meetings this summer to provide more detailed information about your 2014-15 benefit options. We will notify you of meeting dates and times later this spring.
·        Possible new vendors for supplemental benefits
o   The benefits department is currently reviewing proposals for the following benefits. new vendors may be selected for the 2014-15 plan year.
§  Legal
§  Cancer
§  Hospital Indemnity/Medlink
§  Employee Assistance Program
·        THEbenefitsHUB
o   You can log in to www.mybenefitshub.com/springbranchisd at any time throughout the year to check your current benefits.

As always, if you have any questions or concerns about your benefits, please contact the benefits department at 713-464-1511 or benefits@springbranchisd.com.

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