- July 2008 > Insurance Insights
The U.T. Touch Online System can be accessed at http://www.utsystem.edu/uttouch. (If you have any issues with browser compatibility, please visit the Help Center located under the log-in section.) The U.T. Touch homepage contains useful information regarding the enrollment process as well as important announcements regarding Annual Enrollment deadlines. An Online Calculator tool is also available to assist you in determining what your out-of-pocket costs will be before you make your selections.
Users have several options for logging in to U.T. Touch including
The PIN for the BID, SSN, and Campus ID log-in options will be included in “Your UT Benefits Enrollment Options” letter/email (previously called your “Coverage Option Letter”); if you have a UT EID for UT Austin’s UT Direct system, “Your UT Benefits Enrollment Options” letter/email will not include a PIN. Users may retrieve or change their PIN by clicking on the link located in the log-in section. A convenient Help Center link is also available directly below the log-in section of U.T. Touch Online should you have any questions about the log-in process.
Once logged in, you should verify and update your Annual Enrollment preferences on the Personal Information page. If you have not already done so, you can designate an email address for benefits-related communications by choosing the “Update Your Preferences” button. You should also verify your dependent(s) information and follow the instructions for making any changes. Keep in mind, if you add a dependent using U.T. Touch Online, you will need to provide supporting documentation (marriage license, birth certificate, etc.) to your institution Benefits Office.
The Benefits Enrollment page is divided into sections for each coverage type. Your current coverage and an area for making plan and level selections for the new plan year are located under each heading. There are also links to Plan Details and a Cost Estimate for that coverage. When you have made all your changes, you MUST click on “Record My Selections” to complete the enrollment process. If Evidence of Insurability (EOI) is required, you will be prompted to complete an online form. Remember if you do not submit required EOI forms or if your EOI request is not approved, your selection will not take effect.
The final step in the online enrollment process is reviewing the Benefits Summary page to confirm all the selections you made are correct before logging off the system. You will also be sent a “Confirmation of Your UT Benefits Enrollment” letter/email outlining your selections, and you should review your selections again for accuracy. You may change your benefit selections as often as you wish before midnight CDT, July 31, 2008.
If, after you review “Your UT Benefits Enrollment Options” letter/email, you plan to carry all the same coverage into the new plan year, and you do not plan to participate in UT FLEX, you do not have to re-enroll on U.T. Touch. Remember, however, UT FLEX participants must enroll/re-enroll each year to participate in the UT FLEX medical expense and/or dependent day care expense reimbursement accounts; those who would like to use the debit card feature also need to select/reselect that option.
The UT System Benefits Annual Enrollment 2008 – 2009 presentation is now available online. Review a summary of the entire benefits package for employees, retirees and eligible dependents in an easy to follow format by selecting one of the options below.
Evidence of Insurability Deadline
During Annual Enrollment (July 1 – July 31, 2008), if you make an insurance election on UT Touch that requires evidence of insurability (EOI), you will be prompted to complete the insurance company’s EOI form via an online link. All EOI forms must be completed and postmarked by August 15, 2008, in order for your coverage election to be considered.
For additional information on EOI, see the April 2008 OEB newsletter, “A Matter of Health: Connecting Work & Life".
Keep your beneficiary designations up to date.
The purpose of your life insurance coverage is to provide financial security for your family and loved ones after your death; however, if you have experienced a major life change, such as a marriage, divorce or death of a loved one, your life insurance benefit may go to someone other than the person you thought would receive it.
Have you checked your beneficiary designation for your life insurance plan recently? A beneficiary is the person who would receive the money from your life insurance in the event of your death. It is important to review and update your beneficiary designations regularly and especially following life changes to ensure your benefits are distributed according to your wishes.
Imagine someone who is unmarried naming a sibling as a beneficiary but after marrying forgets to update his beneficiary designation to his new wife/husband. Consider a child born after the initial beneficiary designations were established not receiving the life insurance proceeds you thought she/he would inherit. It can and does happen when life insurance designations become outdated.
If you need to update your beneficiary designations, complete the Beneficiary Designation Form (Fort Dearborn Life) and return it to your institution’s benefits office. If you have any questions about how to complete this form, please contact Fort Dearborn Life Insurance Company at (866) 628-2606.
In addition to updating your Life/ADD beneficiary with UT, you may want to review your designated beneficiary on file with the Teacher Retirement System (TRS), or with your providers under the Optional Retirement Program (ORP), UTSaver Deferred Compensation Plan or UTSaver Tax Sheltered Annuity.
Don’t forget you must make your UT FLEX elections (for both Medical and Dependent Day Care) for Plan Year 2008–2009 during this Annual Enrollment, even if you are currently enrolled in one of the UT FLEX elections. Your election(s) in this current plan year will not automatically carry forward to the next plan year.
A PayFlex Debit Card can be obtained at an annual cost of $9 to expedite reimbursements for the Medical Expense Reimbursement Account. This election must be made each year during Annual Enrollment, also.
For additional information on UT FLEX, see the May 2008 OEB newsletter, “A Matter of Health: Connecting Work & Life".
If you would like a specific topic discussed or have a question you would like answered in a future issue of this newsletter, please send your suggestions to firstname.lastname@example.org.
UT System Employee Benefits Website: www.utsystem.edu/benefits/
UT System Retirement Programs Website: www.utretirement.utsystem.edu
Your Local Benefits Office: www.utsystem.edu/benefits/contacts.asp#1