On December 31, 2015, Valencia’s contract with Cigna Healthcare will expire after six years of service. This includes our Employee Assistance Program (EAP) and our vision plan, both currently with Cigna.
Healthcare changes frequently, and it is good to reevaluate plans and rebid to ensure that we are up to date with the market, have affordable rates and offer practical healthcare options. A request for proposal was sent out to healthcare providers in February, and our Organizational Development and Human Resources Advisory Team has partnered with Robinson Bush, a healthcare consultant, to evaluate the proposals and present recommendations to the senior team this summer. A selection will be made in August. The new contract and healthcare plans will be effective Friday, January 1, 2016.
To help inform the rebid process, the Organizational Development and Human Resources Advisory Team developed a set of design principles that will also serve as a basis to evaluate options, resolve competing priorities/decisions and to assist in prioritizing, planning and implementing changes.
The primary attributes and main goal of the rebid is to ensure that our healthcare plan:
- Offers a variety of options with more health plan coverage and price alternatives
- Incorporates a fiscally-sustainable model
- Supports preventative health and wellness
- Maximizes technology to enhance employee and dependent access to health plan information
So what does this mean for you? The healthcare plans selected during this rebid go into effect at the start of the New Year. This means that beginning with benefits open enrollment this fall, you will select your healthcare options that will be a result of a new contract, with new healthcare choices.
Additional information will be provided in early fall to share the vendor selection and new healthcare plan. It will be very important that you stay informed on the process and resulting plans to ensure that you are equipped to make your benefits enrollment decisions this fall.
If you have questions or would like additional information on the healthcare rebid, contact Mary Beth Clifton, director, total rewards and workforce planning, at firstname.lastname@example.org, extension 8263, or Tom Keller, director, benefits, at email@example.com, extension 3888.