The 2023 plan year Open Enrollment period begins on November 1st and will run through November 14th, 2022. Our annual Open Enrollment period provides all benefit-eligible employees an opportunity to make changes to their current coverage or enroll in coverage that was previously waived. Changes can be made in the following benefit plans – Medical, Dental, Vision, Flexible Spending Account (Medical and Dependent Care), Supplemental Life, Short Term Disability, and Long-Term Care.
If you would like to maintain your current coverages at their current levels, with the exception of the flexible spending, no action is needed. Flexible Spending benefits must be renewed annually, and prior plan year elections do not carry over year-to-year. On October 18, 2022, the IRS released the 2023 health care flexible spending limit. The limit for 2023 has increased by $200 to $3,050 annually. The IRS also announced an increase in the annual rollover amount to $610.
Open Enrollment Materials & Benefit Fair
We are excited to share that we will be able to gather again for an Open Enrollment Benefits Fair in the Warch Campus Center – Somerset Room on Tuesday, November 1, 2022, from 10:30 am – 1:00 pm. This event will provide opportunities to meet with University’s benefit providers, obtain benefit enrollment forms and the 2023 benefit guide, and connecting with members of the Human Resources team about enrollment for the upcoming year.
Outside of the Open Enrollment Benefits Fair, the 2023 Benefit Guide and all enrollment/change forms can be found online and paper copies are also available. If you would like a paper copy of the guide and/or forms, please contact Human Resources and materials will be sent to you via campus mail.
Deadline for Enrollment/Changes
The deadline to submit any open enrollment changes, additions, or cancellations to Human Resources is Monday, November 14th, 2022, at 4:00 pm.
As noted above, if you do not wish to make changes to your current benefit elections, you do not need to submit open enrollment forms, with the exception of flexible spending. The flexible spending enrollment form must be completed if you want to participate in health and/or dependent care flexible spending in the 2023 plan year/calendar year.
Your Human Resources representative is available to assist you with any questions!