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2014/2015 Annual Benefits Enrollment

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Annual benefits enrollment  is April 14 – 25, 2014. During this period, you may reach the Benefits team at benefits@wfu.edu or 336.758.6404.  Please continue to contact AskHR@wfu.edu or 336.758.4700 for all other questions.  You will need to enroll if you are making benefit changes, participating in a Flexible Spending Account, or covering a spouse or same-sex domestic partner.

Detailed Instructions

  1. Review your current benefit elections in WF@Work via WIN.
  2. Read the 2014/2015 Benefits Guidebook.
  3. Visit the Benefits Fair on April 22 in Benson 401, launch the 2014/2015 Annual Benefits Enrollment Presentation, and/or attend an on-site information session.
  4. Review the criteria for covering a dependent to ensure individuals you are covering are eligible under the Plans.
  5. Complete the 2014/2015 Annual Benefits Enrollment Form by April 25.  If you are covering a spouse or same-sex domestic partner on the medical plan, you will have the opportunity to certify whether his/her employer offers coverage.  A $75 monthly ($34.62 biweekly) surcharge will apply to payroll premiums for spouses or partners who have access to medical coverage through an outside employer but enroll in the Wake Forest medical plan.  Read the FAQ »
  6. Ensure Wake Forest University has your up-to-date information on file by completing the Campus Census using the personalized URL e-mailed to you.  Please do not forward the annual benefits enrollment e-mail, as the URL is specific to you and should not be accessed by others.

You will receive an e-mail confirmation of your elections shortly after submitting your enrollment form; you may view your elections in WF@Work beginning May 19. All participants will receive a new BlueCross BlueShield ID card in July. If you have lost or misplaced your other benefit cards, you may contact the provider directly to request a new one.

 

 

2014/2015 Benefits Package

The following is a summary of the 2014/2015 benefits package, effective July 1, 2014:

  • Medical plan updates through the Affordable Care Act: No pre-existing clause for all members; no annual dollar limits on essential benefits; office co-pays and other out-of-pocket costs (excluding prescription costs) will be applied to the out-of-pocket maximum.
  • Monthly medical plan premiums are $79 to $289 for the Value Plan and $147 to $499 for the Core Plan (depending on enrollment tier). A $200 wellbeing incentive is available through the Healthy Outcomes Program and may be applied toward premiums.
  • Emergency Room co-pay is $200 for the Value and Core Plans.
  • Annual deductibles (in-network) are $900 (individual) or $2,250 (family) for the Value Plan and $300 (individual) or $750 (family) for the Core Plan.
  • Annual Out-of-Pocket Maximums (in-network) are $3,600 (individual) or $9,000 (family) for the Value Plan and $2,100 (individual) or $5,250 (family) for the Core Plan.
  • Monthly dental plan premiums are $15 to $48 for the Low Plan and $26 to $83 for the High Plan (depending on enrollment tier).
  • Faculty and Staff may carry over unused Health Care FSA amounts of up to $500 into the next plan year (per new IRS guidelines) and still contribute up to $2,500 annually.
  • New providers: BriovaRx (Specialty Pharmacy) and Catamaran Mail Services (Mail Order Prescriptions).
  • No changes to the vision plan, life and disability plans, 403(b) retirement plan, legal plan, and other auxiliary plans.  No additional changes to Tuition Concession for Dependent Children and Paid Time Off (beyond those communicated in Spring/Summer 2013).


 

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