Benefits Open Enrollment: November 7th-11th

Open Enrollment for the 2022-2023 plan year is here! You must select your medical, dental, vision, and other benefits starting Monday, November 7, through Friday, November 11.   

OPEN ENROLLMENT:

Our current benefits plan year ends November 30, 2022. The new plan year begins December 1, 2022. Please review before enrolling in your benefits. You can access information about our benefits offerings here.

Our enroller, Michael Thorn, will be on-site on Wednesday, November 9, to assist employees with enrollment. He will also be available for telephone sessions during the open enrollment period. 

Benefits-eligible employees must enroll via Employee Navigator during the open enrollment period. You must complete open enrollment if you are waiving coverage or have no changes for the upcoming plan year.

Please update your address in Employee Navigator to receive your updated medical insurance card.

BENEFITS HIGHLIGHTS:

Medical:  Our plans will remain with Blue Cross Blue Shield for this upcoming year. Employee rates increased for both plans. The HSA plan premium increased from $12.50 pay period to $20. The PPO employee rate changed from $25 to $30 per pay period. 

The PPO plan primary care, specialist, virtual, and urgent care visit copays did not change.

The Health Savings (HSA) maximum contribution for 2023 increases to $3,850 if electing individual coverage or up to $7,750 if selecting family coverage on the high-deductible plan. The Health Savings (HSA) maximum contribution for 2023 increases to $3,850 if electing individual coverage or up to $7,750 if selecting family coverage on the high-deductible plan.

Dental: Our dental provider is Sun Life. The Company covers 50% of the dental premium, including dependents. Employee dental premiums increased by 5% for the upcoming plan year.

Vision: Sun Life provides vision coverage as well. The coverage will remain the same, with a 5.68% increase in premiums. This benefit is 100% employee-paid.

Voluntary Benefits: Sun Life will offer voluntary long-term disability, voluntary life, and AD&D insurance. Short-term disability is covered 100% by the Company. The Company will share 50% of the cost of long-term disability. All voluntary benefit rates remained the same for the upcoming plan year. Your premium may increase due to age bands or compensation changes.

Accident, Critical Illness, Cancer, and Whole Life Insurance Plan: Coverage will be provided by Colonial Life. Those enrolled in the Accident plan may be eligible to upgrade to a higher tier, including a $100 wellness benefit.

Retirement Plan: Review your 401(k) elections and beneficiaries. You may access more information by logging into your MVP account here.

Contact HR with any questions!