Open Enrollment 2020
October 23- November 5, 2019
Our 2020 Benefits Open Enrollment period begins October 23rd! During the Open Enrollment period, all benefit-eligible employees must select their benefits for 2020, 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, 2020 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.
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 2020. 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.
Understanding Mail Order Medications (MedImpact Direct)
Health Saving Account
The Health Savings Accounts associated with our HDHP plan will continue to be administered by Health Savings Administrators. Starting January 1, 2020, you can contribute $3,550 if you have employee only coverage or $7,100 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 2019 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 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 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 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 2020 plan year. You will continue to have a three-month run out period after the end of the plan year (December 31, 2019) in order to file your claims for 2019. Any remaining funds from your 2019 election (up to the $500 limit), will be included in your 2020 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 2019 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.
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.
Group Long Term Care- Long Term Care insurance helps people live as independently and safely as possible when they can no longer perform everyday activities on their own and provides protection for families from the financial and emotional burdens of long term care. Medical underwriting is required outside of the initial hire period.
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.