Benefits Updates!

Benefit Process Change

Beginning Monday, February 1, 2021, there will be a new process in place for employees to make Benefit Changes to their insurance plans.

If you experience a change in family or employment status during the year, you may be eligible to make changes to your benefit elections. Instead of submitting a paper form, you will now submit these Life Events directly online. You will login to myHR and go to the myBenefits Icon, then select “Life Events” from the left hand menu. The page will walk you through the steps and completing the action, and you will also be able to upload any required documentation.

Benefit Tax forms

As tax season is beginning, we wanted to remind employees about related tax forms that they may need.

The 1095-c should be available around March 1st. These are the forms that you receive from the employer that verify that you, and your dependents, were eligible for health insurance coverage as well as confirms enrollment. If you submitted your consent to receive them electronically to print through myHR, you will receive an email notifying you when they are ready. If you did not consent to receive electronically, they will be mailed to the home address on file. You are able to file your taxes without this form.

Health Savings Account (HSA)

For those that have been enrolled in the Health Savings account, you recently received an email from Optum Bank notifying you that your tax forms are ready. The forms are the 1099-SA, which shows your distribution from the HSA for that tax year, and the 5498-SA, which shows the contributions made to your account and the fair market value of your account for that tax year. You can access these forms by:

  1. Sign in at myuhc.com
  2. Scroll down and click on the dollar sign ($) icon to access your account.
  3. Click “Manage your Optum Bank HSA.”
  4. Select “Statements and Docs” from the “I want to…” section.

Should you have questions or need assistance, you can contact Ted Stahl with UMKC HR at 816.235.1625 or the UM System HR Service Center at 800.488.5288.

Winter Break Reduced Operations

The University of Missouri, including the UMKC campus, will be operating under a reduced operation plan:

  • December 25: Christmas Day Observed
  • December 26 – December 31: Winter Break – Reduced Operations
  • January 1: New Year’s Day Observed

Normal business operations will resume on Monday, January 4, 2021.

If you are in a position that accrues vacation, sick leave, and personal days, you are eligible for winter break paid leave during this period. Unit leadership will determine whether any employees will be required to work during the winter break and will directly notify those employees. If you are required to work during the winter break, you will receive the same amount of paid time off to be used sometime before November 30 of the following year or they will be forfeited.

For additional information, you can view the official Collected Rules and Regulations as well as the Winter Break Reduced Operations Q&A document. Additionally, Human Resources can be reached at 816-235-1621.

Open Enrollment Assistance

If you need assistance during this year’s Annual Enrollment, Ted Stahl will be in the Human Resources Office (Administrative Center 226) to provide assistance Tuesday – Friday, 10am – 2pm, beginning Oct 27th and going through Nov 6th.  We do encourage employees to bring personal laptops with them to login to myHR and complete their elections; however, we will have our computer kiosk available for use.

Please contact the UMKC HR Service Center at 816-235-6401 or at umkchr@umkc.edu if you have questions.

Annual Enrollment Coming Soon!

Annual Enrollment is coming up; from October 26–November 6, 2020, you can make changes to your insurance elections for the 2021 plan year.

Just like it is important to get your health checked annually, the same annual “benefit check-up” is important to help you make choices that support you and your family in the coming year. There are a few steps you can take now to prepare:

1. Research the plan choices that are right for you.

Make the most of the information resources available to help:

  • Review information online through our Annual Enrollment webpage (umurl.us/enrollment) and the 2021 Benefits Guide (umurl.us/enrolguide).
  • Learn more about your insurance options during an upcoming virtual presentation (umurl.us/aemeet).
  • Book a one-on-one appointment with your campus HR Generalist (umurl.us/cbr) for personalized assistance with your insurance and enrollment questions.

2. Review plan changes for 2021.

Because there are several changes for the 2021 plan year, take some time to understand how the changes may impact what you will pay for covered expenses. Review the 2020/2021 Plan Year Comparison Charts (PDF, 306KB) for details.

Changes for 2021 include:

  • Addition of a deductible to the Custom Network Plan.
  • Deductible increases to the Healthy Savings Plan and PPO Plan.
  • Increases to the coinsurance, copays and Rx out-of-pocket maximums for all plans.

3. Make sure your info is up-to-date in myHR.

As you prepare for Annual Enrollment, log in to myHR (myHR.umsystem.edu) and:

  • Select the “My Benefits” tile and review your current elections by clicking on  “Benefits Summary” in the left-hand menu.
  • Select the “My Personal Details” tile to confirm your mailing address and preferred phone number (located under “Contact Details”).

If you have questions or need assistance, reach out via email or call (573) 882-2146 to speak with one of our representatives.

 

UMKC Benefits – Special One-time FSA Modification

Due to the COVID-19 pandemic, the IRS recently eased restrictions surrounding changes that can be made to FSA enrollments during the plan year. The University FSA plan will allow for a one-time special modification period from June 1 through June 30, 2020, in which you may choose to stop or decrease your existing Health Care FSA and/or Dependent Care FSA.

Please note, you cannot decrease your contributions below the amount of reimbursements you have already received from your FSA since January 1, 2020. If you stop future contributions or decrease your annual election to less than the minimum required amount ($50), your coverage will terminate at the end of the month in which your last contribution was made. Claims incurred after coverage termination will not be eligible for reimbursement.

If you wish to make a change to your Health Care FSA and/or Dependent Care FSA for plan year 2020, please complete the 2020 FSA Enrollment and Change Form and select “Special Modification Period (June 1-30, 2020)” as the type of qualified status change.

To make use of this special one-time opportunity, return your form by June 30, 2020. Your change will be effective July 1, 2020. After June 30, 2020, you will not be able to make a change to your election unless you have a change in family status or a qualified family/employment status change, as defined by the IRS.

If you have additional questions, contact the HR Service Center (umurl.us/hrsc) at (573) 882-2146, toll free at (800) 488-5288 or at HRServiceCenter@umsystem.edu.