School Employees Health Benefit Program – Open Enrollment October 1 – 31, 2016

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Hopefully by now, if your district is enrolled in the SEHBP for your health benefits, you are aware that open enrollment has begun and runs through October 31st.  The link below will take you to the open enrollment page where you can find rates, calculators and summaries of the plans.  Active members will see an increase of 8.1% (8.4% if you also have your Rx plan through the State). This increase becomes effective on January 1, 2017.

http://www.state.nj.us/treasury/pensions/open-2017.shtml

Contrary to statements by the Governor, the increases are due to experience factors related to Active members.   In fact, Early retirees saw no increase  and Medicare eligible retirees saw a 5.4% reduction.