Open Enrollment 2019
October 24- November 6, 2018
Our 2019 Benefits Open Enrollment period begins October 24th! During the Open Enrollment period, all benefit-eligible employees must select their benefits for 2019, including those employees who want their benefits to remain the same and those employees who waive coverage. Employees have the option to elect the same benefits, add or change benefits, waive coverage, and drop or add eligible dependents. The following benefits will be available:
- Health Insurance
- Dental Insurance
- Health Savings
- Flexible Spending
- Voluntary Vision Insurance
All benefit elections will become effective January 1, 2019 and remain in effect during the entire plan year unless the employee experiences a qualifying event such as marriage, birth/adoption of a child, or loss of other coverage. Please see the qualifying events summary for detailed information.
Since Long Term Care is a new benefit with a April 1, 2019 effective date, enrollment will being in late January 2019, more information will come soon.
Benefit Enrollment Online
All benefit-eligible employees will select their benefits through their MyRoanoke account. Once logged in, you can view your current benefit elections, level of coverage, the dependents you cover and the available benefit options for 2019. Please see the following link for complete instructions: Benefit Enrollment Instructions.
Health Plan Information
Roanoke College will continue to offer three medical plan options all offered through Anthem Blue Cross Blue Shield. All three plan options (Plans 4, 7 and 9) remain unchanged.
All Anthem Health plan information is summarized below.
Prescription Drug Plan Information
Prescription drug coverage will continue through MedImpact .
A value based preventative prescription drug benefits will continued to be offered for all plans. This means that certain preventive medications will be covered at no cost to the member. Preventive Rx covers drugs that help keep you healthy because they prevent illness and other health conditions.
MedImpact has provided a link to their Open Enrollment Pricing site for employees to check their prescriptions and to plan for any adjustment to their flexible spending or heath savings account contributions. Please see below to access the Open Enrollment site.
Health Saving Account
The Health Savings Accounts associated with our HDHP plan will continue to be administered by Health Savings Administrators. Starting January 1, 2019, you can contribute $3,500 if you have employee only coverage or $7,000 if you have family coverage. Individuals age 55 or older can also make a catch-up contribution of $1,000 anytime during the year in which you turn 55.
Please visit the Health Savings Administrators website for FAQs; information on how HSAs work; to find out what expenses are eligible and for access to savings calculators. You'll also find brief videos on a number of topics including how to set up your account, and how to invest and withdraw funds. HSA Administrators Customer Service is also available to answer any questions you might have about your account or how to open an HSA. Please call 888-354-0697 or email them at askus@HealthSavings.com.
All HSA information is summarized below.
If you wish to enroll in the High Deductible Health Plan (Plan 7) with the Health Savings Account (HSA), and have remaining funds from 2018 in your FSA account you are eligible only for a "Limited Purpose" Flexible Spending Account. The eligible expenses under the "limited purpose" account are vision and dental charges that are not covered by your insurance. The College will automatically concert you if you enroll in Plan 7.
Dental Plan Information
Dental coverage will continue through Ameritas Group. For 2019 Roanoke College was able to negotiate a 7% total premium reduction and obtained a 2 year rate guarantee. All enrolled employees will see premium reductions in 2019 and those new rates will remain through 2020. There are no changes in coverage or premium. Please see the link below for Low and High Option summaries.
Voluntary Vision Plan Information
Uniview Vision will continue to offer voluntary vision which offers an enhanced benefit that includes both eyeglass lenses and contact lenses benefits in the same year, increased out-of-network allowances and no formulary for frames or contact lenses. There are no changes in coverage or premium.
Flexible Spending Information
Our flexible spending plan continues to be managed by LD&B Benefits Administrators located in Harrisonburg, VA. Employees have use of a "Benny" card. This card acts much like a debit card tied directly to your flexible spending accounts. When presented for medical, dental or vision service, your charges are automatically deducted from your designated healthcare flexible spending balance. If you currently participate in flexible spending, you should retain your Benny Card for use in the new plan year.
Another feature of LD&B is that you will have immediate access to your account balances online through the LD&B website. Upon enrollment into the flexible spending plan, employees will be issued a PIN number that will allow access to submit claims and view balances. Please see the Flex Benefits Enrollment Kit for more information.
The College will continue to allow employees to roll over any remaining balance up to $500 for the 2019 plan year. You will continue to have a three-month run out period after the end of the plan year (December 31, 2018) in order to file your claims for 2018. Any remaining funds from your 2018 election (up to the $500 limit), will be included in your 2019 available balance. Roll over funds are only available for health care expenses.
If you are a current Flexible Spending participant, you must re-enroll each year through Benefit Enrollment Online. This benefit does not automatically continue each year.
Please note, If you enroll in the High Deductible Health Plan (Plan 7) with the Health Savings Account (HSA), and have remaining funds from 2018 in your FSA account you are eligible only for a "Limited Purpose" Flexible Spending Account. The eligible expenses under the "limited purpose" account are vision and dental charges that are not covered by your insurance. The College will automatically concert your rollover FSA to "limited purpose" is you elect in Plan 7.
For questions regarding Open Enrollment or any of our benefit offerings, please contact Human Resources: 375-2442, 375-4920, or 375-2288 or visit our office on the first floor of College Hall.