Open Enrollment Information
It’s Benefits Time! Open Enrollment is November 3 through November 17. This is your annual opportunity to review your benefits. Some of your 2024 elections will automatically roll over to 2025. Please note: Your HSA contributions will no longer be rolled over from the previous year. You must choose a contribution amount during the open enrollment period for your HSA contribution for 2025. You must also enroll during open enrollment to contribute to an FSA in 2025. If you do not make changes during open enrollment your 2024 benefits, except for any FSA or HSA contributions, will roll into 2025
Benefit Updates for 2025:
- Anthem will send out new ID cards by January 1, 2025
- Due to IRS regulations, increases to the deductibles and out-of-pocket maximums for the HSA plan were made. To create equity across both plans, the PPO plan deductibles and out-of-pocket maximums will also increase. The plans will increase $100 to the single deductible and Out of Pocket Max (OOPM) and $200 on the family deductible and OOPM.
- PPO Deductible will now be $2,300 individual, $4,600 family and the OOP will be $4,300 individual, $8,600 family.
- The HSA deductible and OOPM will now be $3,300 individual, $,6,600 family.
- The medical and dental plan costs are changing effective January 1, 2025. Please see the attached rate sheets for the cost of your elected plan.
- HSA Contributions will no longer be rolled over from the previous year. You must choose a contribution amount for 2025.
- If you want to contribute to an FSA, you must enroll during the open enrollment period.
Click here to learn what is changing next year.
You can review the 2025 Benefit Guide, and the 2025 Employee Contribution Rates here. Valparaiso University Benefit Guide 2025
If you have questions about your Valpo benefits, or open enrollment, please reach out to Human Resources at Human.Resources@valpo.edu or Laura Childers at Laura.Childers@valpo.edu.
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