Loyola University Maryland

Office of Human Resources

Open Enrollment

July 1, 2021 – June 30, 2022 Benefits Enrollment

The open enrollment period for the benefit year beginning July 1, 2021 ended on Friday, May 7, 2021.  Open Enrollment is an important time to review your current benefits, assess your coverage needs, and make benefit plan elections for both you and your dependents.  Open enrollment was a passive enrollment for benefits EXCEPT the flexible spending accounts.  This means that your current coverage will not carry over to July 1, 2021.

Flexible Spending Accounts:  You must actively enroll if you plan to participate in the Health Care and/or Dependent Care Flexible Spending Accounts "FSA".  This is an IRS requirement and must be strictly followed.  If current participants do not re-enroll their FSA coverage will end on June 30, 2021.  Please contact the PSA benefits hotline at 1-877-716-6618 if you have questions or need assistance.  The annual election limit for the Health Care FSA is $ 2,750 and Dependent Care FSA is $ 5,000.  For more information view the FSA E-book located below in the Enrollment Resources section.  

The American Rescue Plan Act of 2021 (ARPA) significantly increases the availability of dependent care tax credits. For many employees, the tax credit in 2021 will provide a greater tax savings than enrolling in the Dependent Care FSA. Consult with a tax advisor to determine, under the revised rules, whether the Dependent Care FSA or the dependent care tax credit makes the most economic sense for your specific situation.

We are also excited to announce each Cigna medical plan will include enhanced behavioral health resources, making access to a variety of behavioral support tools and services easily accessible to our community.  Visit https://cignabehavioralprograms.com/CTBH/ to learn more.  

Overall, medical plan premiums are increasing 1% effective July 1, 2021.  However, this increase is being allocated differently across the medical plan to reflect the claim experience and risk of each plan.  There will be no increase to the High Deductible Health Plan (HDHP) premiums in FY22; the current wellness and non-wellness HDHP premiums will be offered with no changes.  The payroll deductions for the OAP-IN Plan (HMO) and OAP Plan (PPO) will increase by 0.8% and 1.9%, respectively.  

For those enrolled in the HDHP, Loyola will continue to contribute to your Health Savings Account (HSA) — $ 500 if you are enrolled as an individual or $ 1,000 if you are enrolled with dependents.  Loyola’s HSA contribution will be deposited as a lump sum at the beginning of the July 1 plan year.   

For all medical plans, employees will continue to be eligible for reduced premiums by following and meeting the established wellness criteria.  For the FY22 plan year, the deadline for completing the wellness steps will return to the original wellness deadline date of October 31, 2021.  Only those who do not complete all wellness steps by October 31, 2021 will see a premium increase with their first pay check in December. 

Other Benefits 

All other benefit plans will remain the same, with no change in carriers, plans, coverages, or rates. 

ALEX® — Loyola’s Virtual Benefit Counselor & Decision Support Tool

ALEX® is an easy-to-use, online tool that helps you select the right amount of coverage for your needs. And while there are no changes to Loyola’s benefit plans for FY22, the ALEX® conversation does change each year as your circumstances may change — find out if you could save money by choosing different plans or by choosing to participate in tax savings plans (HSAs, FSAs).

New for the July 1, 2021 plan year, the ALEX conversation will include enhancements surrounding the HSA (Health Savings Account) AND retirement planning resources!  Go to https://www.myalex.com/loyolauniversitymaryland/2021.

Introducing the University’s new benefits resource, BenefitsApp

New for FY22, we are excited to announce that we have partnered with BenefitsApp!  Available during this year’s Open Enrollment period and throughout the plan year, the BenefitsApp tool allows you to access all of your important Loyola benefit information, from your benefits guide to your ID card, in one, convenient place — your phone! Be on the lookout for more information about this new and exciting tool, as well as how to register in the coming weeks.    

Educational Meetings  

This year’s Open Enrollment sessions will once again be held virtually. To learn more about the FY22 benefits options, refer to the schedule of virtual group and one-on-one sessions at https://www.loyola.edu/department/hr/development/training.  Due to the pandemic, we will not be hosting a benefits fair this year.

Wellness

For all medical plans, employees will continue to be eligible for reduced premiums by following and meeting the established wellness criteria.  For the FY22 plan year, the deadline for completing the wellness steps will return to the original wellness deadline date of October 31, 2021.  Only those who do not complete all wellness steps by October 31, 2021 will see a premium increase beginning with their first pay check in December.  Save money on your medical plan premiums by completing the wellness requirements between July 1, 2021 to October 31, 2021.  Employees and their spouses/LDAs insured under the medical plan can qualify for reduced medical plan premiums.

Beginning July 1, 2021 sign into your MyCigna account at www.mycigna.com and complete the online health questionnaire.  You will also need to enter the date of your most recent physical.  Your physical must have been completed within the past year.  If you do not complete your wellness requirements by the close of business on October 31, 2021 the "non-wellness rates" will go into effect with your first pay check in December. Participants are able to complete the health risk assessment on-line, and telehealth for physician appointments are available through Cigna. If you have questions or need assistance with MyCigna please call Cigna OneGuide (Cigna’s highest level of customer support) at 1-800-Cigna24 (244-6224) for personalized guidance and support.

Ready to Enroll

Login to Inside.Loyola and select the Benefit Enrollment link located under Quick Links.

Need Assistance

• PSA Benefits Hotline at 1-877-716-6618
• Cigna Pre-Enrollment Line at 1-888-806-5042
• Loyola Benefits & Wellness unit 410-617-1365 and 410-617-1368

Enrollment Resources

Benefits Presentation - Benefits overview presentation 
FY22 Summary of Employee Benefits
Annual Payroll Deductions
Cigna OAP-HSA Summary of Benefits and Coverage
Cigna OAP-IN Summary of Benefits and Coverage 
Cigna OAP Summary of Benefits and Coverage 
MyCigna - login to manage your Cigna benefits 
Health Savings Account Overview 
Flexible Spending Accounts - FSA for Dummies 3rd Edition