Open Enrollment
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Benefits Open Enrollment starts on Oct. 23, for you to choose your benefits for 2024. To prepare you for Open Enrollment, review the Open Enrollment checklist, events, and other reminders. More details about plan updates, rates, and other resources will be shared in early October.
Jump to the section of your choice:
Open Enrollment Checklist
Upcoming Events
Reminders
Open Enrollment information for:
Retirees
Remote employees - coming soon!
Get Ready for Open Enrollment
Open Enrollment is the ideal time to get to know the benefits Stanford offers and update your personal information, so you don’t miss out on receiving important benefits updates.
Here is a checklist of key actions to prepare to enroll in benefits:
- Review and update your personal and contact information by Oct. 3 in Axess by scrolling down to the Personal and Contact Information section. Also, take a look at your personal data, including veteran and disability status, as well as your race and ethnicity to ensure it’s up to date. Collecting this data helps us better understand our community as we aim to transform our workplace culture and expand the diversity that strengthens the university. Additionally, please note medical plan eligibility is driven by your home address zip code on file.
- Ensure your beneficiaries for your life insurance, accidental death and dismemberment (AD&D) insurance, and retirement plan are up to date.
- Update life insurance, business travel accident, and AD&D coverage on My Benefits .
- Update retirement beneficiaries on My Retirement Savings and TIAA .
- Gather dependent information. If you are enrolling a new dependent, you will need to provide their legal name, date of birth, and Social Security number and upload certification documentation , such as a birth certificate or marriage certificate, to My Benefits. Be sure to complete all enrollment steps through the confirmation page to ensure your dependent has been successfully added.
- Consider enrolling in voluntary benefits. Learn more about optional benefits such as pet, critical illness and pre-paid legal insurance.
- Check in on your retirement savings account. Now is the perfect time to review your SCRP elections and ensure you are taking full advantage of Stanford’s matching contribution by visiting My Retirement Savings.
- Explore all of Stanford’s benefits and employee programs to support your holistic well-being, purpose, and goals.
- Participate in the BeWell program and complete wellness activities, including preventive health care activities, to earn up to $560 in financial incentives that can be used toward health care expenses.
Attend an Open Enrollment Event
Learn about the upcoming plan changes and get your questions answered by attending:
- A virtual Town Hall for an overview of Open Enrollment and your benefits options. The one-hour session includes a Q&A with the Stanford Benefits team.
- An in-person Open Enrollment Fair to talk to the Benefits team and vendors.
Open Enrollment Reminders
- Every year, you must renew the HSA and FSAs, and re-apply for the Medical Contribution Assistance Program (MCAP). These benefits do not automatically roll over.
- Employees who don’t need medical coverage through Stanford in 2024 may waive coverage during Open Enrollment.
- If you plan to enroll in critical illness insurance, keep in mind that if you receive a diagnosis before your coverage goes into effect, that illness will not be covered. For example, if you are diagnosed with cancer this year and elect critical illness coverage to begin in 2024, you will not be eligible to receive a benefit for cancer. Please read the plan documents to be informed of the exclusions before enrolling in this plan.
- If you currently have supplemental life insurance between one and three times your salary and are not at the maximum amount of $1,500,000, you can increase coverage by one level without submitting evidence of insurability (EOI). If you are newly electing supplemental life insurance, you must submit an EOI.
- Getting a flu shot each year helps you stay healthy and safe. Stanford offers flu shot clinics on campus at no cost to employees. You can also receive a free flu shot at your primary care physicianʼs office. View the schedule on Environmental Health & Safety.