Human Resources

Open Enrollment Resource Guide

 

  Open Enrollment Resource Guide For 2020

 

  2020 Benefit Programs

 

  2020 Medical And Dental Plan Rates

 

  Enrollment Process

 

  Employee Informational Meetings & Help Sessions

 

  Open Enrollment Benefits Fair, October 31

 

  Annual Contributions Limits For FICA, FSA, HSA, 403(B) & 457 Plans

 

  Required Annual Medical Plan Notices

 

2020 Open Enrollment Resource Guide 

Welcome to the 2020 Open Enrollment Resource Guide!

In this guide, you will find everything you need related to 2020 Open Enrollment. See the sections below for information about the 2020 benefit program offerings, employee informational meetings, the enrollment process, and the Benefits Fair.

Important Open Enrollment Notes:

  • Open Enrollment begins Monday, November 4 and ends Friday, November 22.
  • Benefit changes you make during Open Enrollment will be effective on January 1, 2020.
  • All Open Enrollment elections and changes will be made on Workday.
  • If you wish to participate in a Flexible Spending Account (FSA) for 2020, you must actively enroll with the FSA during Open Enrollment. Current FSA elections do not carry over into the new year.
  • If you are enrolled in the High Deductible Medical Plan and wish to enroll with a Health Savings Account (HSA) for 2020, you must actively enroll with the HSA during Open Enrollment. Current HSA elections to not carry over into the new year.
  • If you wish to enroll with or make changes to health and dental coverage, you will make those elections on Workday.
  • If you do not wish to participate in a Flexible Spending Account (FSA) or a Health Savings Account (HSA) for 2020, and you are not making changes to your medical and dental coverage, you do not need to make any elections on Workday.

Any questions? See the information and help session schedule below, or contact the Human Resources Service Center at hr@emerson.edu or 617-824-8580.

 

2020 Benefit Programs

Medical Plans

Rates for all medical plans will increase by16.8%.   The following plans continue to be offered:  

  • Harvard Pilgrim HMO
  • Harvard Pilgrim PPO
  • Harvard Pilgrim High Deductible PPO plus HSA

The following changes will be made to the medical plans for 2020:

  • Addition of acupuncture as a covered benefit
  • Addition of coverage for hearing aids for adults (previously only covered for children)

Detailed information about the medical plans can be found on the Health & Dental benefits webpage.

We will be holding employee information meetings regarding the High Deductible PPO plus HSA. See the Employee Meetings section below for more information.

Representatives from Harvard Pilgrim will be in attendance at the Benefits Fair.

OPTUM Rx Prescription Drug Program 

Optum Rx continues to administer Emerson’s prescription drug plan for all employees enrolled with Emerson’s medical plans. OPTUM is part of our affiliation with Ed Health, the consortium of higher educational institutions in New England who have combined their purchasing power to reduce the cost of health care for its participants.

Additional information regarding the prescription plan can be found on the Health & Dental benefits webpage.

Representatives from OPTUM Rx will be in attendance at the Benefits Fair to answer questions.

Dental Plan

Rates for the dental plan will increase by  2.5%. There are no changes to the dental plan design for 2020. Delta Dental is our dental plan provider. Detailed information about Emerson’s Premier PPO Dental Plan can be found on the Health & Dental benefits webpage. 

Flexible Spending Accounts

To participate in the Healthcare and Dependent Care Flexible Spending Accounts, active enrollment is required each year. The limit for the Healthcare Flexible Spending Account remains at $2,700 for 2020; the Dependent Care Spending Account limit remains at $5,000. A Limited Purpose FSA account is available for employees enrolled with the High Deductible PPO Medical Plan. For more information about these accounts, go to the Flexible Spending Accounts webpage.

Other Benefit Programs

 

2020 Medical And Dental Plan Rates

2020 Medical and Dental Plan Rates 

Effective January 1, 2020, medical plan rates will increase by 16.8% and dental rates will increase by 2.5%. See the letter linked below regarding these premium increases.

2020 Health Plan Rate Sheets:

Enrollment Process

Complete Open Enrollment on Workday to:

  • Make changes to your medical or dental coverage for 2020 (including adding or dropping dependents)
  • Participate in a Flexible Spending Account FSA for 2020 (enrollment in these plans does not carry over into the next year, and must be actively selected each year). Flexible Spending Accounts include the Healthcare FSA, the Dependent Care FSA and the Limited Purpose FSA (for those enrolled in the High Deductible Medical Plan only).
  • Participate in a Health Savings Account (HSA) plan for 2020 (enrollment in his play does not carry over into the next year, and must be actively selected each year).
  • If you are not enrolling in a Flexible Spending Account (FSA) or Health Savings Account for 2020, and you are not making changes to your medical and dental coverage, you do not need to complete Open Enrollment on Workday.

Starting Monday, November 4 an Open Enrollment event will appear in your Workday inbox. Click on that event to start your enrollment.

See Workday Open Enrollment Instructions for enrollment assistance.

 

Employee Informational Meetings & Help Sessions

High Deductible PPO plus HSA Informational Meetings

To learn more about the High Deductible PPO plus HSA Plan, please join us for an informational meeting one of the dates below:

Boston:

  • Friday, Nov. 1: 12 to 1 pm
  • Tuesday, Nov. 5: 3 to 4 pm  
  • Tuesday, Nov. 12: 2 to 3 pm  

These meetings will be held in the Human Resources Conference Room at 20 Park Plaza, 13th floor. To register to attend a session, please email Norma De La Cruz (norma_delacruz@emerson.edu)

LA:

  • Friday, Nov. 8: 10 to 11:30 am - ELA 4th Floor Conference Room

Open Enrollment Help Sessions

Looking for answers to benefit questions or needing assistance with enrollment? You can drop by during any of the sessions listed below (make sure to contact Human Resources before you come to get added to the security list at 20 Park Plaza):

  • Tuesday, Nov. 5: 1 to 3 pm
  • Wednesday, Nov. 6: 11 am to 1 pm
  • Thursday, Nov. 7: 3:30 to 5 pm
  • Tuesday, Nov. 12: 3:30 to 5 pm
  • Friday, Nov. 15: 9 to 11 am and 12 to 2 pm
  • Tuesday, Nov. 19: 1 to 5 pm

All sessions take place in the Human Resources Conference Room at 20 Park Plaza, 13th Floor.  

Health Insurance Rates Meetings

There have been several informational meetings regarding the significant increase in the medical plan rates. One additional meeting has been scheduled:

  • Thursday, Nov. 7: 2 to 3 pm - HR Conference Room, 20 Park Plaza, 13th Floor

 

Open Enrollment Benefits Fair

Join us for the Open Enrollment Benefits Fair on Thursday, October 31. For more information, see Benefits Fair.

 

Annual Contributions Limits For FICA, FSA, HSA, 403(B) & 457 Plans

2020 IRS Limits for Healthcare and Dependent Care FSAs, and Limited Purpose FSAs *

The annual IRS limits for Healthcare FSAs and Limited Purpose Healthcare FSAs remain at $2,700 for 2020. The Dependent Care annual FSA limit remains at $5,000. 

2020 IRS Limits for Health Saving Accounts (HSA) *

The annual IRS limits for Health Savings Accounts (HSAs) are increasing. The 2020 annual HSA limit for employees enrolled with individual medical coverage with the High Deductible PPO is $3,550; the limit for employees enrolled with family coverage in the High Deductible PPO is $7,100. Please note these limits include the College contribution ($750 for an individual; $1,500 for family coverage). This means that the maximum annual employee contribution to these plans for 2020 is $2,800 for individuals and $5,600 for family coverage. An additional contribution of $1,000 can be made by employees age 55+.

403(b) Contribution Limits for 2020

  •  The IRS annual voluntary contribution limit is increasing to $19,500 in 2020.
  • The annual catch-up contribution limit for eligible participants over age 50 is increasing to $6,500.
  • For participants over age 50, the combined elective deferral limit will be $26,000 in 2020.
  • The combined contributions limit (includes elective and non-elective deferrals and company matching contributions) is increasing to $57,000 ($63,500 inclusive of catch up contributions).
  • The Section 457 plan limit is also increasing to $19,500 for eligible participants.
  • The annual eligible compensation limit for retirement plans is $280,000.

Changes to Social Security Wage Base for 2020 *

The maximum amount of wages subject to the 6.2% Social Security tax is increasing to $137,700 in 2020.

 

 

Required Annual Medical Plan Notices

See the Medical Insurance Notices section on the Health & Dental benefits webpage

 

 

 

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