Uh oh…….Mandatory benefits meeting at work

posted 3 years ago in Career
Post # 3
Member
2368 posts
Buzzing bee
  • Wedding: June 2014

 We just had our meeting actually! It’s important because if you don’t  have some form of insurance, you’ll get fined.   Ours was just the ‘here  is where you sign up, these are where you can find your options, and even if you just renewed,  you need to sign up again on the  weekof the 14th.’ A lot of people  did not realize that they had to sign up a second time, so it was a good thing we had the meeting.

Post # 5
Member
2368 posts
Buzzing bee
  • Wedding: June 2014

@Cluelessbride10:   We didn’t get any of the dollar amounts yet, we won’t have that till Monday. But  we are participating in the exchange, so that makes it a bit more complicated. The other thing that changed for us was ‘year end’ dates, because of when the new insurance kicks in, the year will actually be Dec 1 – Nov 30.  Until now, it was Jan 1 – Dec 31. Not a big deal unless you had FSA or HSA funds that were ‘use it or lose it’

Post # 6
Member
2052 posts
Buzzing bee

@Cluelessbride10:  I will say this-at my job, last minute mandatory meetings are never good.  It’s always news about a big change and they want to try and make everyone hear it at the same time so everyone is on the same page.

We have not had this meeting yet about changes to our healthcare benefits…..So I can’t speak to that but I’m wondering if you are spot on with your assumption!

Post # 7
Member
9137 posts
Buzzing Beekeeper
  • Wedding: November 2013 - St. Augustine Beach, FL

@Cluelessbride10:  Maybe they are changing insurance providers and the new provider is offering an information session on the new insurance plan(s) offerred.  Or they are making a major change like going from a PPO plan to an FSA or HSA.

Post # 10
Member
1349 posts
Bumble bee
  • Wedding: December 2012

@Cluelessbride10:  If they go to the exchange, how does that work?  What kind of company do you work for?  (Big, small, etc.)

Post # 11
Member
11772 posts
Sugar Beekeeper
  • Wedding: May 2013

DH’s company just had the same mandatory meeting! It was because they were switching health insurers for the upcoming year (from BCBS to United Health).

Maybe that’s what it is?

Post # 14
Member
11668 posts
Sugar Beekeeper
  • Wedding: November 1999

@Cluelessbride10:  insurers cannot exclude you from coverage due to preexisting conditions.

 

I’m sure it’s not that bad given you work at a fairly large company. There are mandatory forms employers have to pass out regarding the ACA and exchanges even if your employer isn’t changing anything about your coverage. Maybe they just want to pass it out and explain things?  Who knows. I wouldn’t worry until there is something to worry about.

 

Leave a comment


Sent weekly. You may unsubscribe at any time.

Find Amazing Vendors