July 1, 2019 – June 30, 2020 Benefits Enrollment
The open enrollment period for the benefit year beginning July 1, 2019 will begin on Monday, April 29, 2019 at 8:30 a.m. and end on Friday, May 10, 2019 at 11:59 p.m. 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. This will be a passive Open Enrollment for most benefits EXCEPT the flexible spending accounts. This means that your current coverage will carry over to July 1, 2019 unless you actively make a change to your elections.
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, 2019. Please contact the benefits hotline at 1-877-716-6618 if you have questions or need assistance. Beginning July 1, 2019, the annual election limit for the Health Care FSA is $2,700 and
Dependent Care FSA is $5,000. For more information view the FSA Guide Book located below in the Enrollment Resources section.
We are pleased to continue to offer the same High Deductible Health Plan (HDHP), OAP Plan (PPO), and OAP-IN Plan (HMO) through Cigna, with no changes to plan design and no changes in premiums. Employees will continue to be eligible for reduced employee premiums by following and meeting the established wellness criteria. Based on plan expenses, there will be a moderate increase to the dental and vision plan premiums, with no changes in plan design.
Information about all employee benefits will be available at the Benefit Fairs. Please plan to attend if you have questions about your benefits or want to know more about them.
May 1, 2019, from 10 a.m. to 2 p.m. McGuire Hall West
May 2, 2019, from 11 a.m. to 1 p.m. Timonium Campus
May 7, 2019, from 11 a.m. to 1 p.m. Columbia Campus
ALEX - Loyola’s Employee Benefit Decision Support Tool
ALEX is an easy-to-use, online tool that helps you select the right amount of coverage for your needs. ALEX will ask you a few questions about your health care needs (your answers remain anonymous, of course), crunch some numbers, recommend a plan that’s best for your personal needs and help make HSA and FSA elections. A few minutes with ALEX could help you manage your health care dollars. Visit ALEX at https://www.myalex.com/loyolauniversitymaryland/2019.
Register for a group educational meeting
Sign up for a one-on-one enrollment session via sign-up genius
Save money on your medical plan premiums by completing the wellness requirements between July 1, 2019 to October 31, 2019. Employees and their spouses insured under the medical plan can qualify for reduced medical plan premiums. Beginning July 1, 2019 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, 2019 the "non-wellness rates will go into effect with your first pay check in December.
Ready to Enroll
When you are ready to enroll, follow these steps:
• Log on to InsideLoyola
• Under Quick Links on the right side, click on Benefit Enrollment
• Begin the enrollment process by following the on-screen instructions
• When you are finished be sure to sign out and close your browser
• Cigna OneGuide Pre-Enrollment Line at 1-888-806-5042
• PSA Benefits Hotline at 1-877-716-6618
• Loyola Benefits & Wellness unit 410-617-1365 and 410-617-1368
FY20 Summary of Employee Benefits Guide
Benefits Presentation - Self-pace benefits presentation
Cigna OAP-HSA Summary of Benefits and Coverage Chart
Cigna OAP-IN Summary of Benefits and Coverage Chart
Cigna OAP Summary of Benefits and Coverage Chart
MyCigna - login to manage your Cigna benefits
Cigna One Guide Pre-Enrollment Flyer
HSA Intro Flyer