WHAT IS CHANGING FOR THE UPCOMING YEAR?
The upcoming year will be a short-plan year, with the benefits beginning November 1, 2024 and ending June 30, 2025. The benefits will renew on a July 1 basis moving forward.
- Benefit Broker: Ursinus College has partnered with a new benefit broker for this year’s upcoming benefits - Exude! hrough Exude, you have a dedicated Client Care Specialist that can help answer questions related to this year’s upcoming plans.
- Medical: Medical coverage will change to Meritain using the Aetna network of providers with 3 plans.
- Teladoc: If enrolled into medical, you will have access to Teladoc.
-
HRA/HSA/FSA: HRA, HSA, and FSA Administration will remain with The Harrison Group.
- HRA: Due to the short plan year, the College will be increasing the HRA funding for this upcoming plan year only.
- HSA: A health savings account can be paired with the Bronze or Silver Medical Plans. The College will contribute up to $350 to your HSA if enrolled into the Bronze or Silver Plan.
- FSA: Prorated maximum contribution limits due to the short plan year.
- Dental: Dental coverage will change to MetLife; enhanced benefits available.
- Vision: Vision coverage will remain through VBA with a Base Plan (tied to medical enrollment) or Voluntary Buy-Up plan.
- Life/AD&D, Voluntary Life/AD&D, Long Term Disability, and EAP: Coverage will change to Mutual of Omaha.
Please note that the following service will no longer be available beginning November 1, 2024:
- Sanctuary Counseling: This counseling service is being discontinued, however there are new programs outlined below that provide access to behavioral health services.
- Medical Plan Enrollees: If enrolled into a Meritain medical plan, you will be eligible for virtual behavioral health services via Teladoc.
- All Benefit-Eligible Employees: Access to Mutual’s Employee Assistance Program (EAP) which provides access to 3 counseling sessions per year, per household, conducted by either face-to-face visits or video visits.
NEW HIRE WAITING PERIOD
Full-time employees who work 30 hours per week or more are eligible for benefits. Employees who begin their employment on the 1st of the month immediately qualify for benefits on that day. Employees who begin after the 1st of the month will qualify for benefits on the 1st of the following month.
ELIGIBLE DEPENDENTS
Eligible dependents include your spouse or domestic partner and children under the age of 26. Dependent children will be removed from coverage at the end of the calendar year in which they turn 26.
OPEN ENROLLMENT: SHORT PLAN YEAR
You can make changes to your plans (enroll in coverage, waive coverage, add/drop dependents, etc.) during the open enrollment period each year. All changes made during this time period will take effect on the plan renewal date. The upcoming plan year will be a short plan year and will run from November 1, 2024 through June 30, 2025. All subsequent plan years will run on a July 1 through June 30 plan year.
QUALIFIED LIFE EVENTS
If you’ve had a major life event (getting married, having a child, getting divorced, losing coverage, becoming eligible for Medicare, etc.) during the year, you’re able to make coverage changes to your plan even though it’s outside of the Open enrollment window. You must report this change and submit the necessary documentation within 31 days of your Qualifying Event in order to make a change.
TRANSITION OF CARE
If you are currently in the middle of treatment or if you have a scheduled procedure on or after November 1, 2024, please connect with your Exude Client Care Specialist, Angie Sotomayor, for assistance with transition of care.
HAVE QUESTIONS ABOUT YOUR BENEFIT PLAN OPTIONS?
You have a dedicated Client Care Specialist from Exude that can help assist with benefit-related inquiries for the upcoming year’s plans. Please contact: Angie Sotomayor from Exude at asotomayor@exudeinc.com or by calling 215-422-4790. You can also schedule a 1x1 benefits consultation with Angie by visiting Calendly.