Mission Statement The Office of Employee Benefits (OEB) will lead in designing, implementing, and administering high quality, cost effective benefit programs for employees and retirees to support the mission of The University of Texas System.
Primary Objective The primary objective of the OEB is to maximize the benefits and services that employees and retirees of The University of Texas System receive for each dollar spent on benefits. In doing so, OEB, while working within the limitations of the marketplace, must weigh the needs and desires of employees, retirees, and their dependents who participate in the benefit plans through the U.T. System’s 16 institutions, including U.T. System Administration.
Responsibilities and Duties OEB
is responsible for seeking proposals for medical, dental, prescription
drug, vision care, term life, accidental death and dismemberment, long
term disability and long-term care program contracts. OEB analyzes all
bids received and makes recommendations as to which bids should be accepted.
OEB is also responsible for the overall administration of the contracts,
which are approved by The University of Texas Board of Regents.
Inherent
to these duties are:
Monitoring employee
benefits to ensure their compliance with state statutes and contractual
obligations.
Representation of
members via insurance consultants and claims adjudication.
Data maintenance
and transmission to and from the various insurance vendors.
Communication of
benefit information to members and administrators.
OEB
works closely with, and receives invaluable assistance from the Human
Resource Departments of each institution.
OEB was established by Article 3.50-3 of the Texas Insurance Code and
complies with state laws and statutes pertinent to employee benefits
for The UT System. Article 3.50-3 was recodified by the 77th Texas
Legislature to Chapter 1601.