Open Enrollment 2018
October 18- November 6, 2017
Our 2018 Benefits Open Enrollment period begins October 18th! During the Open Enrollment period, all benefit-eligible employees must select their benefits for 2018, 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
The College continues to review the costs of our benefit plans as well as the effects of the Affordable Care Act. Effective January 1, 2018, Plan 1 (PPO) will no longer be provided. The College will continue to offer three plans in 2018. We are adding a High Deductible Health Plan (HDHP) and a Health Savings Account (HSA). This plan, Plan 7, will be offered in 2018 along with our existing plans, PPO Plan 4 and HMO Plan 9.
All benefit elections will become effective January 1, 2018 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 2018. Please see the following link for complete instructions: Benefit Enrollment Instructions.
Health Plan Information
Roanoke College will offer three medical plan options all offered through Anthem Blue Cross Blue Shield. Plans 4 and 9 remain unchanged and as mentioned above, we are introducing Plan 7.
All Anthem Health plan information is summarized below.
Prescription Drug Plan Information
Effective January 1, 2018, the prescription drug coverage is moving to MedImpact from Express Scripts.
During this transition all current active prescriptions, authorizations, step therapy, mail order scripts and claims history will be provided to MedImpact.
A revised preventative prescription drug benefits will continued to be offered for Plans 4 and 9. 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.
The Prescription Drug Rx copays will increase for Plans 4 and 9. Employees in Plan 7 pay the full discounted Rx price until the Plan deductible is met. Below are the benefit changes.
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
With our new HDHP plan, the college will also offer a Health Savings Account administered by Health Savings Administrators. Starting January 1, 2018, you can contribute $3,450 if you have employee only coverage or $6,900 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 2017 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. 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.
To find a UniView Vision provider in your area:
Go to the UniView Vision website at www.unicare.com
- Select Large Group and your type of plan, and UniView Vision as your plan
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 2018 plan year. You will continue to have a three-month run out period after the end of the plan year (December 31, 2017) in order to file your claims for 2017. Any remaining funds from your 2017 election (up to the $500 limit), will be included in your 2018 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.
As stated above, If you wish to enroll in the High Deductible Health Plan (Plan 7) with the Health Savings Account (HSA), and have remaining funds from 2017 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.