Open Enrollment Period

April 26 - May 7, 2021

Franklin & Marshall College is pleased to offer eligible employees a comprehensive and valuable benefits program.  Open Enrollment is the period when eligible employees have the opportunity to enroll or change their options for health and welfare benefits.  The changes you make during Open Enrollment will be effective July 1, 2021.

During Open Enrollment you may do the following:

  • Enroll in or change coverage
  • Add and/or remove an eligible dependent from your coverage, including dependent children up to age 26
  • Opt out of coverage

Please take some time to review your current elections, the Benefit Enrollment Guide and watch the Pre-Recorded Information Session.  The contents give you important information on your benefit plans, as well as upcoming changes for July 1, 2021.  If you have any questions as you review the material, please contact the Office of Human Resources.

What is New for
July 1, 2021? 

Medical Plan Spousal Surcharge Increase

The new rate will be $1,500 annually, $125 monthly / $57.69 bi-weekly per pay period.  If you elect coverage for your spouse and your spouse is eligible for coverage through his/her employer  but elects not to enroll in that plan, this surcharge will be added.  If your spouse is a Franklin & Marshall College employee, the spousal surcharge is waived.  

All benefit eligible employees covering a spouse on the medical plan MUST complete the Medical Spousal Surcharge form.  This form will be sent electronically during  the open enrollment period.

 

Medical and Prescription Drug Changes

  • Premiums - there will be an average of a 1.35% increase to premiums for employees
  • Smart90 - maintenance medications at a 90 day refill 

 

NEW Wellness Plan (Highmark)

  • Employees and Spouses who are enrolled in the College's Highmark Medical plans will be eligible
  • More Information will be Coming Soon!

 

Dental Plan Changes

Flexible Spending Accounts (FSAs)

  • Reminder that both the FSA (Healthcare) and Dependent Care accounts require you to re-enroll each year .
  • Benefit Plan Year - the benefit plan year for both the medical flexible spending account and dependent care flexible spending will be July 1, 2021 - June 30, 2022.  

 

Optional Life Insurance and LTD

  • There will be a special enrollment to elect optional life insurance or make changes to current elections this Fall.  (More information will be forthcoming.)
  • Current elections will remain in effect until the special enrollment period.  If you would need to make a change due to a qualifying life event, please contact hr@fandm.edu.