• Open Enrollment Full Time Faculty and Administrative Staff

    The 2018 Open Enrollment period begins on Monday, 11/6/17 and ends on Monday, 11/20/17. During this period you have the opportunity to:

    • Make changes to your health care plan and dental care plan coverage
    • Enroll in a Health Care and/or Dependent Care Flexible Spending Account (FSA) for calendar year 2018
    • Enroll in or make changes to your Supplemental Life Insurance Plan coverage

    The elections you make during the Open Enrollment period will become effective on January 1, 2018. (New enrollments or increases to Supplemental Life Insurance Plan coverage will become effective on the date approved by the life insurance carrier.)

    Here's What to Do

    1. Review all of the information on this webpage
    2. Review your current benefit elections and costs in MyDay. Type myday.newschool.edu into your browser and log in with your regular user name and password. Click on the Benefits worklet (circle). Under View, select Benefit Elections. Download this into excel or print a pdf for your records.
    3. Decide if you want to make any changes to medical, dental, life insurance and/or to enroll in a Flexible Spending Account for 2018
    4. Review this guide for assistance on how to navigate the MyDay Open Enrollment Benefit Event.

    Note: Qualified Transportation Expense (QTE) and Tax Deferred Annuity (TDA) Retirement Plan changes can be made outside of the Open Enrollment Benefit Event (refer to the appropriate section below).

  • What's Changing in 2018

    UnitedHealthcare (along with Optum Rx and UnitedHealthcare Vision), Delta Dental, EBPA and TIAA will continue to administer New School benefit plans in 2018.

    Health Care Plan Contributions

    The university and enrolled employees share in the cost of the health care plan, with the university covering close to 80% of the cost of our plan. Employee and university contributions will change effective January 1, 2018.  See the 2018 Health Care and Dental Care Contributions section below for 2018 employee and university premiums, including the separate contribution charts if you choose to cover a domestic partner.

    Health Savings Account (HSA) Change

    Effective January 1, 2018, the amount that the university will contribute into employee's health savings accounts (when enrolled in the High Deductible Health Plan) will increase to $1,000 for individuals and to $2,000 for employees with an enrolled spouse and/or children (from $750/individual and $1,500/family in 2017). In addition, the university will contribute two equal installments into employee's HSAs, first in January and then in July, instead of dividing the university contributions across your 26 paychecks. This allows you to have more HSA dollars available up front for medical, dental, prescription drug, and vision care expenses.

    Also, per the IRS, the maximum allowable contribution into a health savings account in 2018 for members enrolled in employee-only coverage will increase to $3,450 and will increase to $6,900 for members enrolled in family coverage (spouse and/or children).  

      Flexible Spending Account (FSA) Change

      Per the IRS, the amount that you can contribute to your Healthcare Flexible Spending Account will increase to $2,650 in 2018 (up from $2,600). There will be no change to the Dependent Care Flexible Spending Account maximum (which is $5,000).

       

      Enrollment Process: What You Need To Do

      We've created this guide to you help navigate the MyDay system and manage your Open Enrollment elections.

      To access your Open Enrollment Benefit Event, log into MyDay and click on the Inbox worklet (circle). Locate the Open Enrollment Benefit Event and carefully follow the help text on each screen.  The Benefits Open Enrollment period will end on Monday, November 20.

      You do not need to do take any action if:

      • You (and your currently enrolled dependents, if any) want the same UnitedHealthcare plan that you have in 2017, and
      • You (and your currently enrolled dependents, if any) want the same dental plan that you have in 2017, and
      • You do not want to make a 2018 Health Care or Dependent Care FSA election, and
      • You do not want to change your Supplemental Life Insurance Plan election(s), if any

      Health Care and Dental Care Plans

      Health Care Plans

      There will be no changes to the medical, prescription drug or vision plans in terms of what is covered and the amounts that members pay out-of pocket for services for January 1, 2018.  This means that copayments, deductibles, out-of-pocket maximums, and the services that are covered will remain the same as they are in 2017.

      Which Health Care Plan Is Right For You?

      Choosing the right health care plan for yourself and your family (if applicable) is important.  That's why The New School offers you a choice of three different health care plans.  Review this Plan Comparison Chart for a high level plan comparison of the three plans and take into consideration the amount that you contribute from your paychecks (contributions are the highest for the Choice Plus 1000 PPO plan, the lowest for the High Deductible Health Plan, and in the middle for the Choice EPO Plan).  Also, have you considered enrolling in the High Deductible Health Plan with Health Savings Account? Learn more by reviewing this highlights sheet and consider taking advantage of the contributions that the university makes into your Health Savings Account to pay for eligible medical, dental, prescription drug, and vision expenses if you enroll. 

       Click on the links below for the more detailed  Summary of Benefits and Coverage for each plan. (Paper copies are also available by contacting Human Resources.)

      Finding Participating (In-Network) Providers

      Enrollees in the UnitedHealthcare plans may obtain health care services from in-network providers. To find in-network providers go to www.myuhc.com, click on "find physician, laboratory or facility" under Links and Tools.  Then select "All United Healthcare Plans".

      • To find providers in the Choice Plus 1000 Plan and the High Deductible Health Plans elect "Choice Plus"
      • To find providers in the Choice EPO Plan, select "Choice"

      Health Savings Account (HSA) Change

      Effective January 1, 2018, the amount that the university will contribute into employee's health savings accounts (when enrolled in the High Deductible Health Plan) will increase to $1,000 for individuals and to $2,000 for employees with an enrolled spouse and/or children (from $750/individual and $1,500/family in 2017). In addition, the university will contribute two equal installments into employee's HSAs, first in January and then in July, instead of dividing the university contributions across your 26 paychecks. This allows you to have more HSA dollars available up front for medical, dental, prescription drug, and vision care expenses.

      Also, per the IRS, the maximum allowable contribution into a health savings account in 2018 for members enrolled in employee-only coverage will increase to $3,450 and will increase to $6,900 for members enrolled in family coverage (spouse and/or children).  

      Please Note

      If you are currently enrolled in the HDHP and have an HSA, your account will remain with Optum Health Bank in 2018.

      Prescription Drug Coverage

      • View the 2018 Advantage Prescription Drug List to determine the cost of a the most common medications.
      • Under the Optum Rx Progression Rx program, some prescriptions require that you try a "Step 1" medication before a "Step 2" medication will be covered. Refer to Progression Rx – Step Therapy Program list to view the names of these medications and details about this plan feature.
      • The Specialty Pharmacy Program must be used by members with rare or complex medical conditions who require specialty medications (described in flyer). If you have an existing (active) specialty medication prescription with Optum Rx it will remain on file and you will not need to obtain a new one.

      Vision Plan Coverage

      As a reminder, UnitedHealthcare enrollees will automatically be enrolled in the UnitedHealthcare Vision Plan at no additional cost. (You must be enrolled in the health care plan to receive vision plan benefits; there is no option to enroll separately.) The plan allows you to receive routine vision services either from participating (in-network) vision providers or from providers who do not participate in the UHC vision network (out-of-network). To search for in-network providers, go to www.myuhcvision.com and log in using your UnitedHealthcare member ID number. You should also print your vision care member ID card once you're logged in; you will present the card at the time you receive routine vision services.

      The Vision Care Plan covers an examination and new lenses (contact and glasses) every 12 months and new frames every 24 months. Review the Summary Plan Description and Plan Summary for coverage details. Call United Healthcare Vision at 800.638.3120 for additional information.

      Dental Plan Coverage

      There will be no benefit changes to the Delta Dental PPO Plus Premier Plan and the DeltaCare USA DHMO plans for 2018. For additional information please go to the dental care page of the New School's benefits website.

      2018 Health Plan and Dental Plan Contributions

      Effective January 1, 2018 the cost of the New School Health Plan will increase and your contributions will shift. Dental care costs will remain the same.  Refer to the 2018 Health Care and Dental Care Plan Contribution Chart if you will be covering yourself only, or yourself, a spouse and/or child(ren).  

      If you will be covering yourself and a domestic partner, view the 2018 Domestic Partner Only Imputed Income Chart to determine the taxation related to this coverage.  If you will be covering yourself, a domestic partner, and a child(ren), view the 2018 Domestic Partner and Child(ren) Imputed Income Chart to determine the taxation related to this coverage.

      About the Contributions

      The New School’s goal is to provide our faculty and staff with a comprehensive benefits package, while doing our best to reduce broader cost increases. Rapidly increasing health care costs are a challenge facing the entire country.  

      The university’s Benefits Committee is tasked with carefully evaluating changes to the benefits program, while weighing the impact these changes have on costs incurred by employees. The Committee works to strike a balance between keeping costs down as much as possible and ensuring excellent coverage for full-time staff and faculty.  The Committee includes representatives from The New School community, including the Faculty Senate, Staff Senate, staff from the colleges, senior leadership, and Human Resources.

      Again, there will be no changes to the medical, prescription drug or vision plans in terms of what is covered and the amounts that members pay for services beginning January 1, 2018.  This includes copayments, deductibles, out-of-pocket maximums, and the types of services that are covered.

      The university and enrolled employees share in the cost of the health care plan, with the university covering approximately 80% of the cost of our plan.  In other words, for every dollar faculty and staff pay in premiums, the university spends four. This year we took a careful look at how employee contributions are set for full-time faculty and administrative staff and made several important changes to better align plan contributions internally and help contain costs in an equitable manner for the university.  Employee cost will continue to be higher for our more expensive plans, with higher-paid employees absorbing a larger share of the cost than lower-paid employees. However, with so few employees earning $40,000 or less, this salary range will be eliminated in 2018 and combined with the $40,000 to $79,999 salary tier to create a new salary range of $79,999 or less.  These shifts to employee contributions will become effective on January 1, 2018 and may result in some enrolled employees contributing more in 2018 than in 2017, while others may pay less.  We encourage you to review the contribution charts above to understand how this shift may affect you.  

      We recognize that this cost shift could be significant for you.  Please know that the Benefits Committee worked diligently to find a way to keep our health care premium costs consistent across all faculty and staff, and our aggregate premium increase percentage far below the percentage increases seen across the city, state and country.

      Flexible Spending Account

      If you wish to participate in a Flexible Spending Account (FSA) in 2018 you MUST take action.  Your 2017 elections will not carryover into 2018.

      In late 2013, the IRS released new health care flexible spending account rules permitting employers to allow plan participants to rollover up to $500 of the unused FSA contribution from one year to the next, reducing the amount subject to "lose it" rules. The New School does allow this type of rollover.  Therefore, up to $500 of unused 2017 health care FSA funds (not dependent care FSA funds, per the IRS) can be used in calendar year 2018. Please consider this when making your 2018 election.

      In order to set aside pre-tax FSA money from your pay in 2018, you will still be required to elect a goal amount for 2018 in MyDay (locate the Open Enrollment Benefit Event via the Inbox worklet (circle).

      The maximum amount that you can set aside from your pay into a Health Care FSA will increase to $2,650, and the maximum for Dependent Care FSA will remain at $5,000.

      For information on Health Care and Dependent Care FSAs, go to the FSA page of the New School's benefits website.

      Life Insurance Plan

      The University provides you with Basic Term Life Insurance coverage and Accidental Death and Dismemberment coverage at no cost. Supplemental Life Insurance coverage is also available to you and your eligible dependents and is paid for by you through after-tax payroll deductions.

      Supplemental Life Insurance

      You can purchase supplemental life insurance for yourself at a group rate in a coverage amount equal to 1x, 2x, or 3x your base annual salary, up to a maximum coverage amount of $250,000. You can also purchase life insurance for your spouse or domestic partner at a group rate in the amount of $10,000 or $25,000 and/or dependent child(ren) up to age nineteen (age 23 if a full-time student) at an amount of $4,000 per child). For information and rates, go to the life insurance plan page of the New School's benefits website.

      Enroll in or make a change to your supplemental life insurance elections via the Open Enrollment Benefit Event in MyDay. If you elect or increase supplemental life insurance coverage you must complete a health questionnaire that is subject to approval by our carrier, The Standard, before coverage can become effective. A questionnaire will be emailed to you if coverage is elected or increased.

      Qualified Transportation Expense Plan and Tax Deferred Annuity Retirement Plan

      QUALIFIED TRANSPORTATION EXPENSE PLANS

      It was recently announced that the maximum monthly amounts that you can contribute into your pre-tax transit and pre-tax parking accounts will increase on January 1, 2018 to $260 for each plan.  If you currently participate, your 2017 elections will continue into 2018.  You may enroll or make changes at any time during the year by initiating a Benefit Event in MyDay.  We've created this guide for Changing Your Transit and Parking Amounts to help you navigate MyDay.   Use the event date of 01/01/2018 to increase your contributions for January.

      For additional information regarding these plans visit the Qualified Transportation Expense page on our website.

      TAX DEFERRED ANNUITY RETIREMENT PLAN

      You can choose to contribute a percentage of your base annual salary or a flat dollar amount per paycheck. The maximum annual contribution as set by the IRS will increase in 2018 to $18,500. Employees age 50 and older (and those who will attain age 50 by December 31) are eligible to contribute an additional $6,000 annually, as set by the IRS (referred to as the "Age 50+ Catch-Up"). 

      Your current elections will continue in 2018 but if you'd like to increase or change your contributions, you can do so by initiating a Benefit Event in MyDay.   We've created this guide for Changing Your Retirement Savings Amounts to help you navigate MyDay.   Use the event date of 01/01/2018 to change your contributions for January.

      For additional information regarding these plans visit the Retirement Plan page on our website.

      Required Notices

      As required by law, The New School must provide certain notices to employees on an annual basis.

    ×