The MA Group Insurance Commission (GIC) open enrollment is April 6 – June 1, 2020 for changes effective July 1, 2020:
- Your GIC health insurance plan enrollment will remain the same if you do not submit an enrollment/change form via MyGICLink.
- You must pro-actively re-enroll if you wish to participate in a Health Care Spending Account (HCSA) or Dependent Care Assistance Plan (DCAP) in the next plan year.
During open enrollment you can:
- Change your, or enroll in a, GIC health insurance plan online at MyGICLink.
- Add or remove dependent(s) from your GIC health insurance plan without a qualifying event online at MyGICLink. If you are adding dependents to your health insurance, please include a copy of marriage certificate and/or child’s birth certificate when submitting your enrollment form.
- Health Insurance Buy Out Program, if you are insured with GIC for health coverage from January 1, 2020 through June 30, 2020 and you have a non-GIC employer-sponsored plan that meets minimal essential coverage under the Affordable Care Act (ACA), you may participate in the Buy-Out Program. The benefit is for 12 taxable monthly payments equal to 25% of the July 1, 2020 full-cost premium based on the type of coverage (individual or family) in effect on January 1, 2020 and for the health plan in effect through June 30, 2020. If you enroll and are accepted for the buy-out, you will receive the monthly reimbursement in your paycheck starting in August 2020. You will be required to maintain Basic Life Insurance. The Buy-Out Program Participation Form must be completed for you to apply for the program. You should not complete a GIC’s Enrollment/Change Form (Form-1) to apply for the Buy-Out Program. The chart indicating the net refund for the Buy-Out benefit is available on the GIC website by clicking here. The GIC must receive your buy-out participation form by Monday, June 1, 2020; buy-out applications received after June 1, 2020 will be denied. You may access the GIC Buy-Out form via the MyGICLink.
- Enroll, or continue participation in, a HCSA and/or DCAP online with Benefits Strategies.
Please confirm your health insurance plan's doctor and hospital networks & review the following information before making a decision:
- GIC 2020-21 Benefit Decision Guide / Know Your Benefits Guide
- Overview of GIC health plans changes effective July 1, 2020
Flexible Spending Accounts
Now is also the time to enroll in or re-enroll in the flexible spending accounts (health care spending account and/or dependent care assistance program). Please remember that you must take action if you wish to participate in the flexible spending accounts in FY21.
- Current enrollees may re-enroll with Benefit Strategies online by going to https://benstrat.navigatorsuite.com/.
- New enrollees may enroll with Benefits Strategies online by going to https://www.benstrat.com/gic-fsa/.
Recommendation that you print out the confirmation page for your own records but you do not need to send it to Human Resources/Benefits. We will receive your enrollment via an enrollment report from Benefit Strategies.
Other Benefit Changes
Open enrollment is also a good time to review and evaluate other benefits such as long-term disability and optional life insurance. You may also apply for or cancel your long-term disability during the course of the year as well as apply for, increase or decrease your optional life insurance. Applying for long-term disability or optional life insurance at open enrollment or at any time during the year outside of your new hire period will require you to go under medical underwriting and provide evidence of good health. If you wish to change either of these benefits please request the GIC Enrollment/Change Form (Form-1) via the MyGICLink.
You may also apply for the reduced non-smoker status rate for your optional life insurance if you have been tobacco-free for at least 12 months (have not smoked cigarettes, cigars, or a pipe, nor used snuff, chewing tobacco or a nicotine delivery system). The reduced optional life insurance rate will be effective July 1, 2020. You may request the GIC Enrollment/Change Form (Form 1) via the MyGICLink.and complete the Optional Life Insurance section indicating that you have been tobacco free for the past 12 months.
Updating Beneficiary Information
During open enrollment is also a great time to review your beneficiaries and make sure they are up to date. The GIC beneficiary form can be requested through the MyGICLink. The beneficiary form for the State Retirement Board can be accessed from their website here.