As we enter the new plan year which starts on July 1, 2016, we want you to be aware of the Top 10 Things you should know about your benefits during the transition into the new plan year. The changes for the new plan year will take effect July 1, 2016.
Rice University offers a wide range of health and welfare benefits and several retirement options. The benefits specialists in Human Resources will help you enroll in the benefit programs, answer questions and provide detailed information about all of our benefits.
What are the requirements for benefits eligibility? Review University Policy # 403 for more information.
The 2016-2017 Benefits Booklet is a summary of all of Rice's current benefit plans, and is a great resource when you have a question about benefits. You can also view a quick summary here: Benefits Summary FY17.
You can also review the Active Employee Rates for 2016-2017, Retiree Rates 2016-2017, or COBRA Rates 2016-2017 - note that the active rates are based on a 12-month salary, so if you are paid over nine months, your monthly deductions will be slightly more per month (but your coverage is still intact in the summer months). Rice's health and welfare plan year (and fiscal year) is July 1 - June 30, so benefits open enrollment changes and new rates are effective July 1 of each year.
More information on each of Rice's benefits can be found on the links to the left.
Health Care Reform
Important information on the Affordable Care Act's Health Care Marketplaces can be found here (y en español aquí). More on health care reform can be found on our Health Care Reform resource page.
Click here to view the latest health and welfare Summary Annual Report.
Please contact a member of your Benefits Team if you have any questions or concerns.