open enrollment guide - Affordable Care ACT

 2024 Open Enrollment Period: October 9 - 27, 2023

You are viewing open enrollment information for ACA-eligible employees and their eligible dependents.

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Under the Affordable Care Act (ACA), large employers are required to offer minimum essential coverage to employees who are considered full-time as defined by the ACA.

The ACA defines a full-time [FT] employee as anyone employed by a given employer for an average of 30 or more hours per week (or 130 hours per month).

The George Washington University has identified you as a FT employee for purposes of ACA. As such, you have the opportunity to participate in the healthcare program described in this guide. Please take the time to review this information. Should you choose to enroll or make a change, be sure to complete your online enrollment within the Open Enrollment period.

What

Open Enrollment is your annual opportunity to make health and welfare benefits changes and to add or drop coverage for eligible dependents. Be sure to bookmark  Open Enrollment webpage at go.gwu.edu/2024oe, your destination for all Open Enrollment-related information!

Who

ACA-eligible employees and their eligible dependents.

When

October 9, 2023 through October 27, 2023 (3 weeks only!).

Why

Even if you are happy with your elections from last year, it’s always a good practice to review and confirm that you’ve signed up for the right plan for you and your family. If you choose not to take action, your existing coverage options will "roll over" into the next year.* Take the time to review your options; otherwise, you cannot make changes until the next Open Enrollment period unless you experience a Qualified Life Event (QLE), such as a change in marital status, the birth or adoption of a child, etc.

*The cost of the coverage will reflect 2024 contribution amounts.