Whether you are retiring soon or still have a few years to go, you may have questions about social security and Medicare. Fidelity Investments, the company that manages VUMC’s retirement savings plan, will host two virtual informational sessions to help you make the most of Medicare, social security and your retirement savings. A representative from the Social Security Administration and a Medicare specialist will be on hand to discuss these two programs and answer questions. The webinars are free and open to all VUMC employees.
As we celebrate Pride Month, we acknowledge the importance of feeling safe and secure in your finances, your community — and in your life. Join Fidelity Investments for a free webinar that will explore how financial security is unique for the LGBTQ+ community and how leveraging a health savings account (HSA) can help you live your most authentic life. The webinar will examine:
This week, Fidelity Investments, administrator of the VUMC 403(b), announced changes to the Vanguard Target Date Retirement fund series. The changes will take place in July 2022. Changes include:
As a Vanderbilt Health employee, you have access to Care.com, a service offering backup childcare and adult care at a subsidized rate. Care.com is offering a free webinar with tips for having difficult conversations with aging loved ones. Clear and proactive communication can make a huge difference in getting to the best outcome when talking to your senior about aging. The webinar will share tips to help navigate these conversations with your seniors, siblings, and other family members.
Beginning April 26, the NetBenefits website — hosted by VUMC’s retirement plan administrator, Fidelity Investments — will sport a new look.
As you may recall, beginning with the 2022 benefits year, our vendor Benefitexpress has engaged a new FSA program administrator, WEX Health. As part of its verification process, WEX Health will occasionally ask employees enrolled in a health care flexible spending account to submit receipts for goods and services purchased with the WEX Visa debit card.
Whether you are just beginning your career or you are a seasoned workforce veteran, it is never too late to begin or continue your education. Fully benefits eligible employees have access to several resources to help you with the college admissions and financial planning process.
One of the most frequently asked questions of the benefits team is what happens when an employee’s dependent is no longer eligible for healthcare insurance coverage. The Affordable Care Act requires insurers to make coverage available to dependents — married or single — until age 26. If your dependent or your spouse’s dependent is covered by a VUMC benefits plan and will turn 26 this year, below are five things you should know.
Whether you’ve been working for two weeks or 20 years, navigating the benefits landscape can be a little confusing. This is particularly true when it comes to interpreting forms and documents you might receive from our insurance carrier. One of the most common documents is the Explanation of Benefits, or EOB statement. The EOB details how much of a doctor or hospital visit was covered by your VUMC insurance and how much you are required to pay. The EOB is not a bill. If you owe money for a medical visit or procedure, you will receive a bill from the provider.
Managing your medicine through a Vanderbilt pharmacy just got easier. As most employees know, when you use a Vanderbilt pharmacy, you get the lowest price for your prescriptions. You benefit from these savings as an employee on the Vanderbilt University Medical Center’s Health Plan.