Open Enrollment is your once-a-year opportunity to change your coverage in the U‑M health, dental, vision and legal services plans. If eligible, you may also enroll in a flexible spending account (FSA). Learn more about Open Enrollment.
Mark your calendar for Open Enrollment for 2022 benefits, October 18-29, 2021.
During this time only, you may make benefits changes through Wolverine Access Benefits Self-Service as often as you wish until 5:00 p.m. EST on October 29. Changes and new rates take effect January 1, 2022.
If you are happy with your benefits, you do not need to do anything to keep them — except for Flexible Spending Accounts. IRS rules do not allow FSA enrollments to continue from one year to the next. You will need to re-enroll if you wish to participate in 2022. Learn more about FSAs.
Special Enrollment Opportunity for Optional Life Insurance
Eligible faculty and staff will have a one-time opportunity to enroll in the university's Optional Life Insurance plan or increase their coverage level during this year's open enrollment without having to provide a health statement of insurability for limited coverage increases.
Under the Optional Life plan, you can choose coverage in flat amounts of $5,000 or $50,000, or choose salary-based coverage by selecting a multiple of one to eight times your annual salary for coverage up to the plan maximum of $1.5 million.
During open enrollment, you will not need to provide a health statement to:
- Newly enroll in the plan and elect $5,000 or $50,000 flat coverage or the 1x salary plan.
- Increase your current salary-based coverage by one level. For example, if your current enrollment is 2x salary, you may choose 3x salary coverage during open enrollment without submitting a health statement.
Learn more about the Optional Life Insurance Plan.
Get the Most Out of Your Benefits
Take the time to review your current benefits and decide if you want to make different choices for next year. Your 2022 benefits plan rates will be available on Wolverine Access Benefits Self-Service on August 16, 2021. Visit Benefits and Wellness to review benefits plan information and access tools and resources designed to help you make decisions that are right for you and your family.
