Vanderbilt University Medical Center

Open Enrollment for 2024 benefits begins Oct. 17 and ends Oct. 31. If you choose the Health Savers plan for your health care coverage, you should be aware of the following changes for the 2024 plan year.

Whether you’ve been working for two weeks or 20 years, navigating the benefits landscape can be a little confusing. Our summer Know Your Benefits Series will tackle some of the more complicated benefits concepts and processes to help you make the best benefits choices for you and your family. The infographic below details the differences and similarities between VUMC’s health plans. (Download and print a larger version here.)

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. The webinars are free and open to all VUMC employees. 

As a Vanderbilt Health employee, you have access to Care.com, a service offering backup childcare and adult care at a subsidized rate. In recognition of National Gun Violence Awareness Month, Care.com is hosting a roundtable conversation with experts from Everytown for Gun Safety, Moms Demand Action, and the Be SMART program.

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:

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.