2024 Annual Option Transfer Period Information

[Human Resource Services]

The Option Transfer Period for Employees who wish to change their health
insurance coverage through the New York State Health Insurance Program
(NYSHIP) is open from November 30, 2023, through December 29, 2023.



   -

   The Option Transfer Period
   <https://www.cs.ny.gov/employee-benefits/hba/shared/publications/option-transfer/2024/planning-for-option-transfer-2024.pdf>
   for New York State Employees who wish to change their health insurance
   coverage or option (i.e. change from an HMO to The Empire Plan).



   -

   The PTCP Election Period runs concurrently with the annual Option
   Transfer Period.
   -

      Under PTCP, the employee’s share of the health insurance premium is
      deducted from their wages before taxes are withheld, which may
lower their
      tax liability.  You also have the option to change your coverage from
      before tax to after tax in order to make changes to your coverage in 2024
      without a qualifying event.



   -

   OPT-OUT PROGRAM FOR 2024 - If an employee has coverage under another
   employer-sponsored health insurance program, they may be eligible to opt
   out of their current NYSHIP coverage in exchange for an incentive payment
   during the Option Transfer Period. No action is required for current
   Opt-out enrollees who are still eligible and wish to remain in the Program
   for the 2024 plan year. Note: Employees who are represented by UUP are
   not eligible to participate in this program.
   -

      Eligibility Requirements: To be eligible for the Opt-out Program in
      2024, you must have been enrolled in any NYSHIP plan by April 1, 2023 (or
      the first date of NYSHIP eligibility if that date is later than April 1),
      through the end of the plan year. Other coverage must be through
employers
      other than the State of New York.


How to Make Changes:

   -

   Carefully examine the coverage in the 2024 Choices Guide
   <https://www.cs.ny.gov/employee-benefits/nyship/shared/publications/choices/2024/active-choices-2024.pdf>
   and Empire Plan Supplement
   <https://www.cs.ny.gov/employee-benefits/nyship/shared/publications/choices/2024/active-choices-supplement-2024.pdf>,
   as well as the 2024 biweekly premium rates
   <https://www.cs.ny.gov/employee-benefits/nyship/shared/publications/rates/2024/ny-active-rates-2024.pdf>
   .
   -

   To enroll in an HMO, you must live or work in the county serviced by the
   HMO.
   -

   To change your option, you must complete the Health Insurance
   Transaction form <https://www.cs.ny.gov/forms/ps404.pdf> submitted to
   Human Resource Services by December 29, 2023.


Employees who request to enroll in NYSHIP coverage or add previously
eligible dependents to existing coverage are still subject to NYSHIP’s late
enrollment rules. This means that employees who request enrollment without
a qualifying life event and after their 28-day waiting period will be
considered late enrollees.

All requests for changes or questions regarding the above information
should be directed to Human Resource Services at hrs at plattsburgh.edu or
564-5062.


*HUMAN RESOURCE SERVICES*
912 Kehoe Building

101 Broad Street
<https://maps.google.com/?q=101+Broad+Street+Plattsburgh,+NY+12901&entry=gmail&source=g>

Plattsburgh, NY 12901
<https://maps.google.com/?q=101+Broad+Street+Plattsburgh,+NY+12901&entry=gmail&source=g>

(o) 518-564-5062

(f) 518-564-5060

*plattsburgh.edu <http://plattsburgh.edu/>*





*Human Resource Services webpage - plattsburgh.edu/hr
<http://plattsburgh.edu/hr>*
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