OPEN ENROLLMENT 2023

Open enrollment is October 1-31, 2023

Open enrollment time is here, and eligible subscribers may change their coverage for the upcoming year. PEBA wants to help you choose your benefits destination, so you are ready to select your insurance coverage for 2024.

Our webpage, peba.sc.gov/oe, can help you explore your options, so you’ll be ready to complete your itinerary and elect your benefits for 2024.

If you’re unsure what insurance coverage you currently have, log in to MyBenefits at mybenefits.sc.gov to find out. While you’re logged in, take a few minutes to review your life insurance beneficiaries and make any updates.

If you are satisfied with your coverage, you don’t need to do anything. Your coverage will continue in 2024. Keep in mind, though, this is a dental election year. Additionally, you must re-enroll in MoneyPlus flexible spending accounts each year.

Any changes you make during open enrollment take effect January 1, 2024.

Follow these steps to learn about open enrollment and make changes:

  1.   Go to peba.sc.gov/oe to learn about what changes you can make.

  2. Download the open enrollment worksheet that’s available on the open enrollment webpage to plan your coverage for 2024.

  3. Log in to MyBenefits to review your coverage and make changes during open enrollment, if necessary.

MoneyPlus Transition from ASI Flex to TASC

Effective January 1, 2024, Total Administrative Services Corporation (TASC) will be the new State Flexible Benefits Plan (MoneyPlus) administrator.
Administrative fees will reduce to $2.14 per account per month. Learn more at www.SCMoneyPlus.com.

tasc

Important Information Regarding Transition:

  • Current 2023 Medical Spending Account (MSA) and Limited-use MSA participants can carry over $610 of unused funds into the 2024 plan year.

  • Employees should consider this when making 2024 elections.

  • Because of the transition to TASC, 2023 participants will not have access to their carryover funds at TASC until April 2024 after ASIFlex completes claims processing for 2023.

  • For participants who do not re-enroll in an MSA for 2024 but who have carryover funds, TASC will deduct the $2.14 monthly administrative fee from their balance beginning in April.

  • ASIFlex debit cards will no longer work after December 31, 2023.

  • Claims for 2023 expenses must be submitted online or via paper January 1-March 31, 2024.

  • 2024 Dependent Care Spending Account participants will receive a TASC debit card.

Frequently Asked Questions for Transition: