Benefit Enrollment 2013

Each fall, Colby offers benefitted employees the opportunity to review and make changes to their benefit elections.  The enrollment period for 2013 benefits opens on Friday, October 26th and closes on Friday, November 16, 2012.

In 2013, Colby's health care provider will continue to be CIGNA HealthCare. Employee contributions will not increase for the sixth year in a row. Click here to see a brief summary of the key highlights for 2013.  Please plan to attend one of our information sessions!

  CIGNA's plan options include:

• Open Access In-Network Plan - (replaced the former HMO) coverage only for in-network providers; in 2013 will continue to include a deductible and coinsurance
• Open Access Plus Plan - (replaced the former CompCare plan) covers Out-of-Network Providers
• CIGNA Choice Fund (HSA) - a high deductible Health Savings Account plan introduced in 2010

PLEASE NOTE:

If you would like to participate in a Flexible Spending Account (FSA) for medical or dependent care, remember you need to re-enroll in these every year. Provisions of the Affordable Care Act (ACA) include a reduction in the allowable limits for a medical FSA.  In 2013, the amount you may contribute to a medical FSA will decrease to $2,500. Dependent care FSA limits will remain $5,000 in 2013.  To see some of the impacts of the ACA, click here.

REMINDER: As of January 1, 2011, you are no longer able to use health spending accounts to pay for most over-the-counter drugs and medicines unless you have a doctor’s prescription. You will not need a prescription for insulin and diabetic supplies.  Click here for a list of eligible expenses, including items requiring a doctor's prescription.

Again in 2013, if you enroll in the CIGNA Choice Fund (HSA), you may choose to contribute to a Limited Purpose Medical Flexible Spending Account.  Click here for more details.

Also, if you would like to participate in the Vision Plan (VSP), you need to re-enroll in that every year, as well. The monthly Vision Plan rates for 2013 remain unchanged, at $7.76/month for employee coverage or $16.68/month for family coverage.

Our current life insurance rates remain in effect in 2013, but keep in mind that contributions towards the age-based life insurance may change, if your age is now in a new age group.

For more information on Colby's benefits, click here.

Open-Access Plus In-Network (OAPIN) Plan:

• No increase to employee contributions in 2013!
• No changes to deductibles or coinsurance amounts.
• There is a $250 individual or a $500 family deductible.  Office visit co-pays do not apply to your deductible.
• A 90/10% coinsurance is applicable once the deductible has been met.
• Preventive office visits and related procedures performed in the doctor's office (coded as preventive by your physician) are covered at 100%.  Recommended procedures performed outside the doctor's office may result in deductible and coinsurance charges.
• Maximum Out-of-Pocket amounts are $1,250 for individual coverage or $2,500 for family coverage. 
• There are no copays for high-tech scans (CT/MRI/PET scans) or Emergency Room visits. HOWEVER, deductibles and coinsurance will apply.

 Open-Access Plus (OAP) Plan: 

• No increase to employee contributions in 2013!
• No changes to deductibles or coinsurance amounts.
• Preventive office visits and related procedures performed in the doctor's office (coded as preventive by your physician) are covered at 100%.  Recommended procedures performed outside the doctor's office may result in deductible and coinsurance charges.

CIGNA Choice Fund High-Deductible (HSA) Plan: 

• No increase to employee contributions in 2013!
• No changes to deductibles or coinsurance amounts.
• Colby makes monthly contribution to employee's health savings account!
• Limited Purpose Flexible Spending Account available for HSA participants.