illustration of woman sitting on a 2023 calendar

Stay in the know regarding your 2023 benefits

By Life@TheU

Stay in the know regarding your 2023 benefits

By Life@TheU

From enhanced benefits to earning cash through the Well ’Canes Incentive Program, we’ve got you covered for 2023. 

New in 2023: Prescription coverage provided through Aetna. 

Effective Jan. 1, 2023, members enrolled in a University of Miami/Aetna medical plan will have their pharmacy benefits administered by Aetna, including retail, mail order, and specialty pharmacy. Members can access any Aetna in-network pharmacy, including the UM pharmacies and Walgreens. Review details on this update, including how to access the formulary for medications. 

New in 2023: Expanded mental and behavioral health benefit through Aetna. 

Effective Jan. 1, 2023, members can take advantage of enhanced access to mental and behavioral health services that will be provided through an Aetna pilot program. As the new plan administrator, Aetna offers resources, and opportunities to get the care you need as soon as you need it. If you are currently seeing a Carisk provider, there is no disruption to your care. And no action is needed from you to continue to access your provider. Visit benefits.miami.edu for details on this benefit.

Use eligible Flexible Spending Account (FSA) funds from 2022.

If you still have University of Miami/FSA 2022 funds available, the plans provide a grace period to use funds for eligible health care expenses and dependent care through March 15, 2023. Claims must be submitted by June 15, 2023. Get answers to frequently asked questions about FSA

Take care of your health and earn money.

The University’s Well ’Canes Incentive Program offers a myriad of opportunities to earn up to $300. First, take an annual health assessment to earn 250 points, then add more points by tracking your physical activity, participating in the Dolphins Challenge Cancer event, or by attending health and wellness webinars. There are nearly 40 incentive opportunities available to help you earn that cash.

Get the most out of your retirement plan.

Whether you are planning to retire in five, 10, or 25 years, it is important to plan early. There are many ways to save through your UM retirement plan including voluntary contributions, University paid core contributions, and a dollar-for-dollar matching contribution. To ensure you make the most out of your retirement plan savings, review the 2023 IRS Retirement Plan Limits.

Review the University's 2023 calendars and schedules. 

Plan 2023 by reviewing the University’s academic calendar year and the holiday and pay schedules.

Continue learning.

From professional development opportunities to tuition remission benefits, there are numerous ways to continue your education at the University. Keep up with the latest Talent and Organizational Development course offerings by reviewing the weekly listings in HR Insights. Faculty members can learn more about professional development opportunities.

Keep in touch. 

Check your inbox at the beginning of each work week for HR Insights—the Human Resources newsletter. And connect with Life@TheU on Instagram, Twitter, and Facebook to stay informed about upcoming events, get helpful reminders, and learn about updates to benefits. Faculty members can subscribe to receive HR Insights.