Open Enrollment for Benefits

October 10 - October 31, 2022

This is the time of the year when you have the opportunity to make changes to your benefit selections for the plan year beginning January 1, 2023.

If you do not make benefit changes during the 2022 open enrollment period, your current benefits (medical, dental, vision, and voluntary selections) will continue in 2023.  Flexible Spending Account (FSA) and Health Savings Account (HSA) contributions must be elected during open enrollment, the 2022 contributions cannot be automatically rolled over for 2023.

Benefit Fairs

October 6
Oxford - 9 a.m. to 3:30 p.m. in the Shriver Dolibois Room

October 13
Middletown - 9 a.m. to 11 a.m. in Johnston Hall
Hamilton - 2 p.m. to 4 p.m. in Wilks Conference Center

Open Enrollment Information Sessions

More information will be available soon regarding benefit overviews and updates on Miami’s 2023 benefits. In-person and virtual help sessions will also be available to answer open enrollment and Healthy Miami questions.

2023 Employee Premium Calculation Change

Effective January 1, 2023, the percentage of salary contribution will increase for both health plans. Your health premiums are based on a percentage of your annual salary. The percentages, which are based on your elected plan and coverage level, are listed below. If paid biweekly, divide the monthly premium by two to get your per-pay premium. No employee will pay more than 30% (cap) of the total premium.

Miami PPO
Coverage
Level
Your %
of Salary
Base
Premium
Premium
Cap
Single 1.52% $74.00 $238.00
Employee + 3.22% $148.00 $475.00
Family 4.72% $198.00 $633.00
Miami HDHP
Coverage
Level
Your %
of Salary
Premium
Cap
Single 1.52% $205.00
Employee + 3.22% $410.00
Family 4.72% $547.00

The Open Enrollment website offers tools like the 2023 Premium Calculator and other resources to assist you in selecting the plan that is right for you.

Pharmacy Benefit

Both the PPO and HDHP use the same prescription drug formulary and the Enhanced Preventive Rx Drug List (those medications provided at 100% - no copay or coinsurance).

PPO Pharmacy Plan Design

  • TIER 1: 10% maximum $40 (low-cost generic drugs)
  • TIER 2: 20% maximum $50 (low-cost preferred brands and higher-priced generics)
  • TIER 3: 20% maximum $75 (Higher-cost, preferred brand-name drugs)
  • TIER 4: 20% maximum $200 (specialty drugs)
    You will be responsible for the pharmacy copays until you have reached the plan out-of-pocket of $6,350 as an individual and $12,700 as a family. Then all covered drugs are paid at 100%.

HDHP Pharmacy Plan Design

You will pay the Anthem negotiated amount for any prescription drug until you reach your in-network deductible, then 20% until you reach your out-of-pocket, $3,000 single and $6,000 family. Once the out-of-pocket is reached, all covered drugs are paid at 100%.

Contact IngenioRx (833-267-2133) with questions concerning drug coverage, mail order, drug tiers, etc.

Spouse Dependent Eligibility Audit - Medical Plan

An eligibility audit of spouses currently covered under Miami’s health plan will be conducted in late 2022 early 2023 to confirm the eligibility criteria to cover a spouse is still satisfied.

2023 Spending Account Contribution Limits

HSA Contribution Limit

A Health Savings Account, or HSA, is a tax-exempt bank account designed to help pay for qualified medical, dental, and vision expenses on a tax-free basis. The funds can be used for you, your spouse, and your tax dependents. You must be enrolled in Miami’s qualified HDHP and be qualified to contribute to an HSA.

The 2023 IRS contributions limits for the health savings account increased to $3,850 (employer and employee contributions combined) for Single coverage and $7,750 (employer and employee contributions combined) for Family coverage. The catch-up contribution for individuals age 55 or older remains at $1,000.

Health Care FSA (FSA)

This is for certain out-of-pocket medical, dental, and vision expenses. Participants elect an annual amount (up to the IRS maximum of $3,850) and receive their full election at the beginning of the year for reimbursement of eligible claims. This means that the debit card is preloaded, and your pretax contributions are spread out per pay period for the entire calendar year.

Limited FSA

Participants enrolled in the Health Savings Account (HSA) are eligible for a Limited FSA, where eligible expenses are limited to dental and vision expenses only.

Dependent Care Flexible Spending Account (DCA)

This pretax voluntary benefit plan is for qualified dependent daycare expenses. You may elect an annual amount (up to the IRS maximum of $5,000 or $2,500 if married filing separately) and receive reimbursement for eligible expenses as claims are filed and funds are available in the account via payroll deduction.

For the FSA and DCA accounts shown above, any unused funds remaining in your account at the end of the calendar year are eligible for the 2.5-month grace period. After the grace period, any unused funds are lost. For additional information, visit Chard-Snyder.com.

Flu Shots Availability for Faculty and Staff

Flu shots will be available for Miami employees.

Cost and Eligibility

  • No cost for all Miami employees, regardless of benefit eligibility (Authorization form + Miami faculty/staff ID required)
  • Flu vaccines are available to individuals 18 years of age or older
Oxford
Location Date Time
Shriver, Dolibois Room Thursday, October 6 9:00 a.m. - 3:30 p.m.
Regionals
Location Date Time
Middletown Campus (Johnson Hall, CCC) Thursday, September 8 6:30 a.m. - 10:00 a.m.
Middletown Campus (Johnson Hall, CCC) Thursday, October 27 6:30 a.m. - 10:00 a.m.
Hamilton Campus (Wilks, 202) Friday, September 16 6:30 a.m. - 10:00 a.m.
Hamilton Campus (Wilks Conference Center) Thursday, November 3 6:30 a.m. - 10:00 a.m.

2022 Charitable Giving Campaign

We invite you to join President Greg Crawford, University Ambassador Renate Crawford and all Miamians in demonstrating our commitment to the community. As in previous years, Miami is providing you with the opportunity to effectively give back through charitable donations. Our campaign will start October 10 and run through November 19. During the campaign, you can donate through payroll deduction, online payment, or be billed at home.

Miami University participates annually in the charitable giving campaign for the following organizations:

  • Butler County United Way
  • Community Shares of Greater Cincinnati

Employees will receive an email with a link to an online pledging system.

VSP (Voluntary Vision Plus)

Effective January 1, 2023, the single rate will change to $8.06 and the family rate will change to $22.18.

Check out eyeconic.com and browse the frame brands you love. You can connect to your VSP benefits, upload your prescription and order your glasses following your WellVision Exam®.

Ohio Deferred Compensation Roth 457 Option

NEW in 2023! The Roth 457 is a salary reduction plan for which contributions are made post-tax. Although these accounts do not affect your taxable income while you are working, the earnings you withdraw at retirement are tax-free.

Questions?

Contact Benefits and Wellness at benefits@MiamiOH.edu or 513-529-3926.


Frequently Asked Questions

Am I required to complete open enrollment?

  • No, you are not required to complete the online process, BUT if you wish to elect a flexible spending account (FSA) for the following year, per the IRS you MUST do so in open enrollment
  • If you do not complete the online process, your current year benefit elections (except the FSA) will continue through the following calendar year based on that year's plan changes and premium costs.
  • Also, if you have a health savings account (HSA) in the current year, your per pay contribution amount will automatically start at $0.00 in January UNLESS you select an amount in the online system. Remember, though, that you can also change the amount of your per pay contribution at any time during the year by completing the 2022 HSA Contribution Change Form.

How do I complete open enrollment?

  • Log into BannerWeb
  • Select the Employee Services Online tab
  • Click on Benefit Open Enrollment
  • Click on the Enter Open Enrollment button
  • Review each page carefully before continuing to the next page
  • After making your selections, review your summary page. 
  • Once you are satisfied with your selections, click the Submit Open Enrollment button

NOTE: If you ever go back into the system after clicking the Submit Open Enrollment button, whether you make any changes or not, you MUST click the Submit Open Enrollment button AGAIN. Elections will not be saved unless they have been submitted.

How do I know that my selections were saved?

An email to your university account will be generated each time
you enter the open enrollment system.
If you click on: Email Subject Line: Email Sent:
Start Open Enrollment Benefits Open Enrollment - status started immediately
Submit Open Enrollment Benefits Open Enrollment - status submitted immediately
Restart Open Enrollment Benefits Open Enrollment - status restarted immediately

The day after you have submitted your selections, you will receive an email with the subject line, 2021 Open Enrollment Confirmation. To guarantee that your selections were saved, this MUST be the last email that you receive from the system before 11:59 pm on November 14.

Are there forms to fill out for open enrollment?

  • Benefit elections are made by logging into BannerWeb, Employee Services Online, and following the instructions for making your choices.
  • You can update your HSA contribution in the open enrollment system, or you may complete the 2022 HSA Contribution Change form.
  • If you are covering a spouse under your medical plan next year and the spouse was not covered this year, you must submit the completed Spouse Health Coverage form, with the Employer Certification (PDF 67KB), if applicable, in order to determine the eligibility to be on Miami's medical plan. 

Ready to Enroll?

Review the instructions and tips and log into BannerWeb.