Faculty & Professional Administrative Staff

2023 Benefit Features

• Three Medical Options

  We will have three medical plan offerings versus the five medical plans offered in the past.

  The New 2023 Plans are:

  • The Blue Advantage HMO/POS plan will have the largest changes, specifically introducing a $250 individual and $500 family deductible for facility services only (excluding Emergency Room and Urgent Care visits). The individual in-network out of pocket maximum is also moving from $2,000 to $3,000 and the family in-network out of pocket maximum is moving from $4,000 to $6,000.
    **Click to view the Blue Advantage HMO/POS - 2023 Summary of Benefits Coverage **
  • The PRIME Blue Priority PPO is experiencing moderate changes.
    **Click to view the PRIME Blue Priority PPO - 2023 Summary of Benefits Coverage**
  • The 2500 High Deductible Health Plan is remaining unchanged but now offers an enhanced pharmacy benefit.
    **Click to view the 2500 HDHP - 2023 Summary of Benefits Coverage** 

  To see a side-by-side comparison of the three plans, visit the CHEIBA 2023 Multi-Option Summary. 

  For comparision, the 2022 plans are:

  • 2022 Blue Advantage POS
  • 2022 Blue Priority PPO
  • 2022 High Deductible Health Plan

  Those employees currently enrolled in the Pathway EPO and Blue Priority HMO plans will need to change medical plans over to either the Blue Advantage HMO/POS, PRIME Blue Priority PPO, or 2500 HDHP during Open Enrollment.  All plans are through Anthem Blue Cross Blue Shield.

  **If you are currently enrolled in the Pathway EPO or Blue Priority HMO plan and do not change your medical election, you will be automatically enrolled in the PRIME Blue Priority PPO medical plan. **

• New Cards - Issued

  Anthem BCBS will be issuing new medical cards to employees with active coverage in January of 2023. 

• Prescription Drug Changes

  Prescription drug coverage has moved from three tiers to five tiers with the breakdown starting at Generic in Tier 1 to Specialty Non-Preferred prescriptions in Tier 5.

  Anthem PreventativeRx List

  To help determine your cost for your prescriptions, you can view your Essential Formulary via BeneCenter or Anthem's website.

  Anthem’s pharmacy benefit manager, IngenioRx, is changing is name to CarelonRx as of January 1, 2023. This name change also will effect Ingenio Rx Specialty Pharmacy which will be referred to as CarelonRx Specialty Pharmacy. Please note that the name change will not impact how your fill your medications, your benefits, or your coverage.

  Should you experience any concerns surrounding your usual prescriptions and how this will impact your copay, you are welcome to contact the Participant Advocate Liaison (PAL) at (303) 889-2692.

• Dental Plan Changes 
  • Oral surgery will now be covered as a Major/Prosthodontic benefit.
  • Cleanings for adults will be limited to the industry standard of two annual cleanings versus three under the Preventative dental benefit. 
    *Third cleanings are still available for pregnant persons. 

  2023 Dental Plan - Summary of Benefits

• Wellness Program - Spouses/Partners

  Spouses/Legal Partners are now eligible to participate in Anthem’s Wellness Program and earn wellness incentives of up to $225 per person.*
  

  To learn more about accessing those benefits, please review the 2023 Guide to Redeeming Reward Benefits or watch Anthem's Presentation on Wellness Reward Redemptions.

  *Spouses/Legal Partners must be covered under the UNC employee's medical plan. 

• Infertility Coverage

  A new addition to your medical plan is diagnosis and treatment of infertility coverage as a result of the passing of Colorado House Bill 22-1008.  Limitations apply. Please review the summaries of benefits & coverages in BeneCenter for additional information.

  For more information, please visit HB22-1008. 

Upcoming Events

**None at this time

2023 Benefits Guide

Enrollment Specifics

• Open Enrollment

  Outside of a qualifying life event--such as marriage, birth, dependent age off, etc.--Open Enrollment (which typically runs for three weeks in November) allows you to make changes to your plan that you otherwise are unable to make during a plan year, including the following: 

  • Change medical plan type. 
  • Switch medical/health/dental premiums from pre-tax to post-tax (and vice versa). 
  • Enroll in ancillary life coverage through SunLife: Additional Voluntary Term Life & AD&D, Hospital indemnity, Accident, and Critical Illness. 
  • Add/remove dependents. 
  • Enroll/Continue enrollment in a Flexible Spending Account (FSA).
  • The 2023 limit is $3,050 for medical FSA’s and $5,000 for dependent care FSAs. Enrollment is not passive, meaning employees must re-enroll each year to continue this benefit. Please note that medical FSA’s have a “use it or lose it” provision, allowing you to carryover up to $610 of unused money from 2023 into the 2024 plan year. All other unused funds will be forfeited. Dependent Care FSA’s do not have a carryover provision.
  • Know Your Benefits-FSA
  • Health Savings Account
  • If you are planning on enrolling in the High Deductible Health Plan, please be aware that this is compatible with UNC’s Health Savings Account through WEX Health. HSA’s are optional and you do not need to enroll if you are enrolled in the HDHP. UNC does not contribute to HSA’s and the maximum an employee can contribute in 2023 is $3,850 for employee-only contributions and $7,750 for family contributions. Unlike the FSA, HSA’s do not have a “use it or lose it” provision and contributions can be changed during the plan year without a qualifying event.
  • Know Your Benefits-HSA
  • ORP vendor change – This may only be changed during Open Enrollment by completing UNC’s retirement plan election form and returning it to kylee.legino@unco.edu via email or in-person at Carter Hall, room 2002.
• 2023 Rate Sheet

  Current Rate Sheet for 2023

• Retirement Options

  Retirement contributions are mandatory at UNC and are in lieu of Social Security contributions. Employees may choose one of four retirement vendors: PERA (you must have already been in PERA for one year to enroll and are active), TIAA, MetLife, or AIG.  PERA is a defined benefit (pension) plan that requires employees to contribute 11% of their pay while UNC contributes 11.5%. The Optional Retirement Plan (ORP) is a defined contribution plan and is a 401(a). Employees enrolled in this plan contribute 8% of their salary to TIAA, MetLife, or AIG while UNC contributes 11.5%. If an employee is eligible for both PERA and the ORP, they must make a one-time election between plans. After this election is made, it cannot be reversed.

  ORP Retirement Plan Vendors

  METLIFE

  Representative: Kelly Pachelo-Forehand 
  (303) 886-8904
  Metlife has 51 annuity investment options through the Metlife Financial Freedom Select platform. 
  www.metlife.com

  TIAA

  Representative: Jeffrey Metcalfe
  jeffrey.metcalfe@tiaa.org
  TIAA offers 20 mutual fund and annuity options.
  Enrollment online is available at www.tiaa.org/unco 

  AIG

  Representative: Lindsay Batezel, 
  (970) 699-2849
  AIG has been helping people plan for retirement since 1955. Their FutureFit program can help employees plan for retirement.
  www.aigrs.com

  Supplemental Retirement Plans

  You may enroll in a supplemental retirement plan at any time during the year. Supplemental plans are strictly employee contributions as UNC does not contribute to these plans. All enrollment forms must be submitted to Kylee Legino at kylee.legino@unco.edu for processing.

  List of Vendors:

  • Colorado PERA
    • PERA 457 Plan
    • PERA 401k Plan

  • TIAA
    • TIAA 403(b) Salary Reduction Agreement 

  • AIG/VALIC
    • VALIC 403(b) Salary Reduction Agreement

  • Thrivent
    • Thrivent  403(b) Salary Reduction Agreement

  • Metlife
    • MetLife 403(b) Salary Reduction Agreement
      (form coming soon)

  • Equitable

    • Equitable 403(b) Salary Reduction Agreement: Please contact Equitable’s representative, Joseph O’Connor at joseph.oconnor@equitable.com to set up your account.

• Life Insurance & Additional Benefits

  During Open Enrollment, you also have the opportunity to elect additional coverage for you and your family through SunLife. Check out the following videos to learn more about your coverages:

  • Voluntary Life and AD&D
  • Hospital Indemnity
  • Accident Insurance
  • Critical Illness

  To learn more, please review SunLife’s benefits booklet.

  All benefitted faculty and professional administrative staff have a basic life insurance and AD&D policy. Coverage is twice your annual salary to a maximum of $500,000.  Coverage drops to $50,000 at age 67 and to $10,000 at age 70: Monthly premium is $0.14 per $1000 of coverage.

  In addition to your basic term life insurance, all benefitted faculty and professional administrative staff are enrolled in Long Term Disability coverage. This coverage provides up to 66 2/3% of your monthly salary on the 91^st day of disability: The monthly premium is 8.4 cents per $100 of monthly salary. To learn more about this benefit, please visit SunLife's video on Long Term Disability.

  Any enrollment/changes in enrollment will be submitted through the Maxwell Health portal.