Open Enrollment 2022
October 25- November 8, 2021
Our 2022 Benefits Open Enrollment period begins October 25th! During the Open Enrollment period, all benefit-eligible employees must select their benefits for the 2022 plan year, 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:
All benefit elections will become effective January 1, 2022 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.
New Medical Cost Sharing Strategy for 2022
Beginning January 1,2022 the college is migrating away from a flat percent of contribution to a flat dollar contribution. The flat dollar cost sharing strategy results in the college contributing equal dollars to the various tiers, regardless of plan choice. This change results in premium savings to 60% of our covered employees.
In addition to the change to contribution strategy the college will fund the Health Savings Accounts (HSA) $500 annually for single coverage, and $1,000 for all other tiers for employees who enroll in the High Deductible Health Plan 7 (PPO Plan 7).
Please Note: Health Savings Accounts only pair with High Deductible Health Plans (HDHPs); the IRS does not allow enrollment in an HSA if you are not covered by an HDHP.
Due to the higher total premium of PPO Plan 4, members of this plan will continue to receive the current 70% college contribution towards premiums to allow members time to explore our other plans before the college moves to the flat dollar contribution in 2023.
Open Enrollment In Self-Service
NEW FOR 2022
Open Enrollment is now accessed through employee Self-Service. Once logged in, you can view your current benefit elections, level of coverage, the dependents you cover and the available benefit options for 2022.
Please see the following link for new instructions:
Open Enrollment in Self-Service is available under the benefits sections of Employee Self-Service!
Open Enrollment Zoom Meetings
Human Resources will hold two Zoom information sessions for Open Enrollment 2022.
The first will be a general session about the cost sharing change, how to use the new Open Enrollment module in Self-Service and an overview of all our benefits. The Zoom information is below:
|Session #1:||General Open Enrollment|
|Date||Click for Slide Deck PDF||Link for Recording|
|Thursday, October 21st @ 12:00|
The second will be a deep dive on Plan 7 and HSAs to break down common misconceptions, help you evaluate whether or not a HDHP is right for you, and to discover how HSA savings can help you now and in retirement.
|Session #2:||HDHP Plan 7 and HSAs|
|Date||Click for Slide Deck PDF||Link For Recording|
|Tuesday, October 26th @ 12:00|
Both sessions will be recorded for later viewing.
Health & Prescription Drug Plan Information
Roanoke College will continue to offer three medical plan options and all offered through Anthem Blue Cross Blue Shield with no major plan design changes.
Anthem LiveHealth Online is a virtual physician visit service offered by Anthem is a more convenient and cheaper alternative for most routine types of illnesses or injuries. Beginning in 2022, LiveHealth Online medical visits will cost plan 9 and 4 participants only a $5 copay. This will make using LiveHealth Online an even more affordable option!
Sign up for LiveHealth Online today!
For more information, please see the links below:
Prescription drug coverage will continue through IngenioRx . The value based preventative drug benefits will continue to be offered for all plans. This means that certain preventive medications will be covered at low or no cost to the member. Preventive Rx covers drugs that help keep you healthy because they prevent illness and other health conditions.
|Health Insurance Rates 2022||IngenioRx Preventative Prescription List|
|Anthem Health Plans Comparison||IngenioRx Plan Guide|
|Benefit Guide for All Roanoke College Health Plans|
|Summary of Benefits & Coverage for Roanoke College Health Insurance Plans|
For 2022, A Spousal Affidavit will be required to be completed by every employee who covers a spouse on any of Roanoke College’s health insurance plans.
Three populations of spouses will continue to be eligible for enrollment as a dependent:
- Spouses who are not employed.
- Spouses who are employed but do not have access to affordable, minimum essential coverage that provides minimum value through their employer.
- Spouses who are employed by Roanoke College or another VPCBC member school.
To ensure coverage of qualified spouses, it is very important that Affidavit’s be completed honestly and timely.
For more information about Spousal Benefits Eligibility please visit the Spousal Benefits Eligibility Page.
Dental Plan Information
Dental coverage will continue through the Ameritas Group. For the 2022 plan year there will be 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.
Health Saving Account
The Health Savings Accounts associated with our HDHP plan (plan 7) will continue to be administered by Health Savings Administrators. Starting January 1, 2022, you can contribute $3,650 if you have single coverage or $7,300 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.
Beginning in 2022, Roanoke College will begin making employer sponsored Health Savings Account (HSA) contributions to employees enrolled in the college-sponsored High Deductible Health Plan 7 (PPO Plan 7). Employees enrolled in Plan 7 will receive an employer contribution of $500 if you have single coverage or $1,000 if you have family coverage.
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 (PPO HDHP 7) with the Health Savings Account (HSA), and have remaining funds from 2021 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.
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 LD&B benefit 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 Flex Benefit 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.
Employees may contribute up to $2,750 to their healthcare / limited purpose flexible spending accounts and up to $5,000 to their dependent care flexible spending accounts.
The College will continue to allow employees to roll over any remaining balance up to $550 for the 2022 plan year. You will continue to have a three-month run out period after the end of the plan year (December 31, 2021) in order to file your claims for 2021. Any remaining funds from your 2021 election (up to the $550 limit), will be included in your 2022 available balance. Rollover funds are only available for health care expenses.
If you are a current Flexible Spending participant, you must re-enroll each year through Self Service 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 2021 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 covert your rollover FSA to "limited purpose" if you elect in Plan 7.
The College has several other benefits employees can enroll in at any time however due to underwriting requirements employees must enroll outside of Benefit Enrollment Online.
Additional Term Life Insurance- Optional term life insurance for eligible employees, their spouses and dependent children is paid by the employee through payroll deduction. Premiums are determined by age and coverage amount. Medical underwriting is also required outside of the initial hire period.
For questions regarding Open Enrollment or any of our benefit offerings, please contact Human Resources: 375-2442, or 375-2455 or visit our office on the first floor of College Hall.