Open Enrollment for Benefits

Open enrollment is the one time each calendar year, historically the month of October, that you can make changes to your benefit elections without having experienced a qualifying event.

When is Open Enrollment?

The open enrollment period this year is 8:00 am Monday, October 2 through 5:00 pm on Tuesday, October 31, 2017, for benefits effective beginning January 1, 2018.

Am I required to complete open enrollment?

  • No, you are not required to complete the online process, BUT if you wish to elect a flexible spending account (FSA) for the following year, per the IRS you MUST do so in open enrollment. 
  • If you do not complete the online process, your current year benefit elections (except the FSA) will continue through the following calendar year based on that year's plan changes and premium costs.
  • Also, if you have a health savings account (HSA) in the current year, your per pay contribution amount will automatically start at $0.00 in January UNLESS you select an amount in the online system. Remember, though, that you can also change the amount of your per pay contribution at any time during the year by completing the 2018 HSA Contribution Change Form.

Are there forms to fill out for open enrollment?

  • Benefit elections are made by logging into BannerWeb, Employee Services Online, and following the instructions for making your choices.
  • If you choose the high deductible health plan (HDHP) with an HSA, you must submit the online HSA Certification in order to determine your eligibility for the HSA.
  • You can update your HSA contribution in the open enrollment system, or you may complete the 2018 HSA Contribution Change form.
  • If you are covering a spouse under your health plan next year and the spouse was not covered this year, you must submit the completed Spouse Health Coverage form, with the Employer Certification (PDF 67KB), if applicable, in order to determine the eligibility to be on Miami's health plan.
  • If you are choosing voluntary life insurance for yourself for the first time, or changing your election to more than $350,000 coverage, you must complete the Liberty Mutual online Evidence of Insurability form.
    • Under New Users, click on the Register button.
    • Enter Miami's company code: MIAMIUNIVE.
    • Complete and submit the form.
    • Contact Liberty Mutual at 1-800-431-2958 for assistance and questions.

What's New for 2018?

  • Dental rates will increase for both the basic and the enhanced plans.
  • Preventive and diagnostic dental service charges will no longer be included in the annual maximum. This is a good thing! 
  • The allowance for frames will increase from $150 to $175 on the VSP vision plan.
  • The IRS limits for health savings accounts (HSA) will increase to $3,450 for single and $6,900 for family/employee plus plans. These limits include Miami's contributions to the HSA.