The ACES health care flexible spending account limit was reduced from $5000 to $2500 for 2012-13 to comply with regulations in President Obama's 2010 Federal Patient Protection and Affordable Care Act. After our plan year began on June 1, the University received guidance that the implementation of this particular mandate in the healthcare law has been delayed. Therefore, the University of Evansville is providing an opportunity for benefit-eligible employees to:
• Change your 2012-13 ACES flex healthcare election amount up to a maximum of $5000 (if you are already a participant).
• Enroll in the ACES flex healthcare plan for 2012-13 (if you are not already a participant).
If you do not wish to make any changes (to your annual election or enrollment status), you do NOT need to do anything. If you want to make a change, please complete an election form (available in the Office of Human Resources) and return it to Human Resources no later than Thursday, August 9. Changes to flex deductions will begin on the August 17 bi-weekly payroll and will continue through May 31, 2013. No changes can be made until next year for the ACES dependent care flexible accounts.
Please contact the Office of Human Resources at ext. 2943 with any questions.