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Can I Change My Benefits After Open Enrollment? …

Can I Change My Benefits After open Enrollment? Look InsideAll changes must be made within 30 days The Flowserve 2012 plan year open enrollment period is October 24 November 4, 2011. If you are eligible for the Flowserve Flex benefit program, you can Change your elections or add benefit options during this Things to Know About the 2012 Flowserve Flex Benefit Program1. No changes to medical co-insurance, out of pocket maximums or Plan B deductibles 2. Plan A and Out-Of-Area deductibles are increasing to match typical practices among employers3. Increase to premium rates vary based on your elections and salary as reflected in industry trends4. The spousal surcharge has been eliminated to support changes to eligibility requirements for spousal medical coverage5.

Can I Change My Benefits After Open Enrollment? Look Inside All changes must be made within 30 days The Flowserve 2012 plan year open enrollment period is October

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1 Can I Change My Benefits After open Enrollment? Look InsideAll changes must be made within 30 days The Flowserve 2012 plan year open enrollment period is October 24 November 4, 2011. If you are eligible for the Flowserve Flex benefit program, you can Change your elections or add benefit options during this Things to Know About the 2012 Flowserve Flex Benefit Program1. No changes to medical co-insurance, out of pocket maximums or Plan B deductibles 2. Plan A and Out-Of-Area deductibles are increasing to match typical practices among employers3. Increase to premium rates vary based on your elections and salary as reflected in industry trends4. The spousal surcharge has been eliminated to support changes to eligibility requirements for spousal medical coverage5.

2 Associates who do not elect medical and/or dental coverage will no longer receive opt-out credits6. Personal healthcare advisors will be available to associates through a new third party vendorYour 2012 personalized enrollment packet is enclosed with this newsletter. It summarizes your current 2011 Benefits and provides your personalized 2012 coverage costs. To find out more about your Benefits access the enrollment Process Review this newsletter and your 2012 Health and Welfare Benefits Reference Guide (located on ) Decide which Benefits you want to elect for 2012 Review the changes to the eligibility requirements for spousal medical coverage Review the information regarding the Tobacco Use Surcharge and verify your status Complete the enrollment process by:1.

3 Logging on to 2. Selecting Online Enrollment3. Following the instructions on the screen to guide you through the process If you do not have Internet access, call the Flowserve Benefits Service Center at 1-877-FLS-FLEX (1-877-357-3539) for Use Surcharge and Support for Tobacco CessationLast year Flowserve introduced a tobacco use surcharge applicable to both employees and their spouses who are enrolled for medical coverage and are tobacco users. In order to enroll for medical Benefits for 2012, employees and their spouses will need to verify that their current status as either a user or non-user of tobacco based on the definition below is still accurate. In order to make any changes to your current benefit elections for 2012 you will be required to verify your current status either on the web at or by calling the Benefits Service open enrollment last year, all Flowserve associates and spouses who were enrolled in medical coverage were defaulted to tobacco user and the surcharge was applied.

4 To remove the surcharge, non-users were required to Change their status during the open enrollment process. During the open enrollment process for 2012, you will automatically default to your current status either based on your election last year or on a Change in status made through the Benefits Service Center during the year. As a reminder, the surcharge will apply to any employee or spouse that is enrolled for medical Benefits and who has smoked a cigarette, cigar or pipe, or used smokeless tobacco products including chewing tobacco and snuff in the past six (6) months. The surcharge is $200 per year for each participant who is a tobacco surcharge is a component of the larger Flowserve wellness initiative and other efforts within the medical plan to focus participants on their overall health.

5 If you make the decision to eliminate tobacco use, Flowserve offers a variety of programs and information to support this effort. Through the Blue Care Connection Tobacco Cessation program you have access to personal coaching, online tools, and Audio Health Library and discounts to wellness-related products and services. If you successfully complete the program you will be eligible to apply for removal of the surcharge from the date of successful completion. You can get started by calling (866) 412-8795 or emailing Ask a Nurse, the email address is in the Personal Health Manager section on the Blue Cross Blue Shield web site at If you are a tobacco user and it is unreasonably difficult due to a medical condition or it is medically inadvisable to become a non-user of tobacco, please call the Flowserve Benefits Service Center at (877) FLS-FLEX (877-357-3539).

6 Time to Re-enroll for Your 2012 Benefits 09/2011 Currently the Patient Protection and Affordable Care Act (PPACA) does not require any changes to the Flowserve Corporation Health and Welfare Plan ( the Plan ) during 2012. PPACA was effective in September 2010 and resulted in numerous changes to the Plan beginning in 2011. Key changes included; Eligibility for medical coverage for dependents 19-26 years of age regardless of student or marital status Removal of the lifetime maximum for medical benefitsAlthough the federal government continues to debate certain aspects of PPACA, the legislation and its key components remain in effect and additional pieces of the legislation are scheduled to become effective in future years through 2018.

7 Flowserve is committed to providing a competitive medical plan to employees and their dependents. We will continue to monitor the additional changes required by the legislation as they come into effect and adjust the medical plan as necessary to provide a competitive and sustainable program for all Care Reform UpdateCan I Change My Benefits After open Enrollment? Know About Your HealthYou may only enroll or make changes in your benefit elections during the open enrollment period, as required by the Internal Revenue Service (IRS). However, you may Change some benefit elections during the year if you have a qualified Change in status. Qualified status changes include, but are not limited to: Change in legal marital status (marriage, divorce, or legal separation) Change in number of dependents (birth, adoption, guardianship, death) Change in a dependent child s plan eligibility (reaching the plan s age limitation)Remember, a 30 day deadline applies to all changes, including adding a dependent After the birth of a confirm an event qualifies as a qualified Change in status, contact the Flowserve Benefits Service Center or refer to the Flex Health and Welfare Summary Plan Description.

8 The type of status Change will determine what benefit changes you can make. In general, you will only be allowed to add/drop coverage for dependents. A Change in status will generally not qualify you to elect different line with the new spousal eligibility rules, you may also need to Change your spouse s medical coverage election during the year if their eligibility for medical coverage under the Plan HAVE 30 DAYS TO MAKE A Change After A QUALIFYING you do not request a Change within the 30-day period, you are not eligible to Change your elections or add a dependant until the next open enrollment period. Changes must be called into the Flowserve Benefits Service Center at 1-877-FLS-FLEX (1-877-357-3539) or log onto and select Online recent study by the Center for Disease Control stated that the US spends $ trillion on medical costs, but estimates that 60% of that or $1 trillion dollars is related to individual behaviors, both in terms of spending habits ( , going to the emergency room instead of a primary care doctor) and lifestyle ( , excessive alcohol use and lack of exercise).

9 Over the past few years, Flowserve has been working to provide options to employees that promote the pursuit of healthier lifestyles. In fact, even prior to the recent requirement from Health Care reform to cover preventative checkups, Flowserve was covering $500 per person enrolled in the medical plan at 100% regardless of whether the deductible was spent. Even with this benefit, of our male employees, only 18% received a colon screening in line with the recommended frequency in 2010 and 47% had an annual prostate check. Of our total employee population, only 49% had a cholesterol check. Under the current Flowserve plan, medical preventative screenings and checkups, aligned with the recommended schedule for age and gender, are fully covered.

10 Following these recommendations is the best way to ensure you stay healthy. Even if the result of the test is not as you had hoped, identification and early treatment can avoid significant problems and costs further down the help with this process, Flowserve will again host health fairs at our larger sites where you can learn about the options available to check, monitor and manage your health with our healthcare providers. Did you know that 37% of adult medical plan participants indicated that they were tobacco users during open enrollment in 2010? Blue Cross Blue Shield offers a tobacco cessation support program and Flowserve will pay for tobacco cessation drugs. Therefore, if you are struggling to stop tobacco use, take advantage of these great Benefits .


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