Page 9 - 2021 Spec Engineering Benefits Guide
P. 9

Open Enrollment + New Hire Enrollment








           Frequently




           asked questions














            When is open enrollment?                            Do I have to re-enroll if I am not

                                                                making changes to my plans?
               • Gray’s open enrollment runs from October
                26 - November 13. (tentative)                   No, with the exception of your Flexible Spending
               • See page 10 to learn how to enroll via BenSelect.   Account (FSA). We will have a passive
                                                                enrollment this year, so the only thing you
                                                                will have to re-enroll in is your FSA. All other

            Have the monthly                                    plans will roll forward without re-enrollment.
            premiums changed?                                   Team members who do not go online to make

                                                                elections will be automatically re-enrolled in all of
              • No. We are pleased to share that monthly        their current benefits, with the exception of the FSA.

                premiums have not changed.  .
                                                                Team members must take action to re-elect
              • See page 13 for a complete list of
                                                                the FSA if they wish to contribute in 2021.
                2021 medical plan rates.

                                                                Team members who wish to make changes
                                                                to their current benefits, including changes
            What’s new this year?                               to their HSA contribution, will need to go

                                                                online to do so during open enrollment.
            Beginning on January 1, 2021, HealthEquity
            will replace HSA Bank as the provider for our
            Health Savings Accounts (HSAs). HealthEquity
            will also replace Chard Snyder as the provider
            of our Flexible Spending Accounts (FSAs).





                Return to the Table of Contents                                                  Gray Benefits  8
   4   5   6   7   8   9   10   11   12   13   14