ANNUAL ENROLLMENT OCTOBER 30-NOVEMBER 10
2024 Annual Enrollment
Your Annual Enrollment is October 30 - November 10, 2023, for changes effective January 1, 2024. Elections are made by clicking here and logging in using your O-Key credentials.
What's new or different with 2024 benefits?
Due to medical cost inflation, increasing pharmacy utilization and higher claims costs, plan changes are slated for January 2024 as indicated below.
- 2024 Medical premiums:
- Employee only - increase by $15
- Employee + Children - increase by $30
- Employee + Spouse - increase by $45
- Family - increase by $60 - Increase in premiums for all vision plan tiers.
- Increase in BlueOptions PPO deductible to $1,000 for individual/$3,000 for family coverage.
- Increase in BlueEdge HDHP deductible to $3,200 for individuals/$6,400 for family coverage.
- Health Flexible Spending Account maximum of $610 unused 2023 funds will carry over into the 2024 plan year.
- FSA maximum – Not yet released by the Internal Revenue Service.
- Increase in the Health Savings Account (HSA) employee contribution maximum.
- 2024 maximum contributions, including employer contributions:
- Individual - $4,150; with the employer contribution employee maximum is $3,400.
- Family - $8,300; with the employer contribution employee maximum is $7,050.
- Age 55 and older, can contribute an additional $1,000.
- If new to the HDHP and HSA for 2024, your contributions cannot begin until your account with BenefitWallet is open.
- 2024 maximum contributions, including employer contributions:
- Increase co-insurance to 90% for those willing to utilize Blue Distinction Centers for certain procedures (non-emergent Cardiac, Knee/Hip/Spine)
- Expanded Benefits Value Advisor (BVA). Reach out to the BVA for the below services
to waive an additional fee:
- MRI
- CT Scan
- Diagnostic Radiology
- Joint Replacement
- Bariatric Surgery
- Musculosketal IP/OP
- Reduction Mammoplasty
Enrollment
To review your current benefits and make Annual Enrollment elections click here and log in using your O-Key credentials.
Or use the Benefitplace App which can be installed from Google Play or the Apple App Store
- Enter the Company ID, OSUAM
- Log into your benefits using your campus login credentials
Expand the sections below to learn more.
- Eligibility
Eligibility:
Be sure to review the information regarding eligibility to determine who can be covered on your plan(s).
- Health Plan Premiums
BlueOptions Total Premium Institution Employee With Credit* Employee Only $594.96 $464.96 $130.00 $100.00 Employee + Children $1,070.90 $755.60 $315.30 $285.30 Employee + Spouse $1,249.40 $813.76 $435.64 $405.64 Family $1,903.86 $1,361.32 $542.54 $512.54 BlueEdge HDHP Total Premium Institution Employee With Credit* Employee Only $588.20 $478.20 $110.00 $80.00 Employee + Children $1,049.30 $848.90 $200.40 $170.40 Employee + Spouse $1,204.50 $922.26 $282.24 $252.24 Family $1,773.66 $1,443.22 $330.44 $300.44 Employees will also receive a $30 monthly premium credit when they complete a biometric screening with Catapult Health.
Schedule a screening at http://timeconfirm.com/okstate or call 877.803.2447.
- Dental
3 plans from which to choose:
- Low
- High
- Platinum
- Platinum covers adult orthodontia, in-office teeth whitening, extra cleanings, nitrous oxide, $3,000 annual benefit
Monthly Dental Premiums
Delta Dental of Oklahoma (DDOK)
2024
Low Plan
High Plan
Platinum
Employee
$40.72
$50.72
$83.10
Employee + Spouse
$80.66
$100.64
$165.38
Employee + Child(ren)
$92.64
$147.58
$246.50
Family
$143.26
$191.00
$319.58
- Vision
2 plans from which to choose:
- Basic and Buy-Up
- Buy-up plan has higher allowances and choice between:
- Additional $70 frame allowance, or
- Additional $50 contact lens allowance, or
- Covered-in-full anti-reflective coating, or
- Covered-in-full progressives
Monthly Vision Premiums
2024
Basic
Buy-Up
Employee
$7.74
$15.94
Employee + Spouse
$15.50
$31.92
Employee + Child(ren)
$16.58
$34.16
Family
$26.52
$54.58
- Short-Term Disability Benefit
Lincoln Financial Group Short Term Disability
- 100% employee paid
- Covers employee only
- Sick leave bank must be exhausted
- 14 week benefit (15 day elimination period/12 week payout)
- Benefit availability and rates are based upon participation (15% of benefits eligible employees must elect benefit to offer)
- EOI will be required during 2024 Annual Enrollment if coverage was previously declined. EOI not required during new hire benefit elections.
- Premiums are age banded
- Life Insurance
OSU provides Basic Life and Accidental Death and Dismemberment (AD&D) coverage to continuous, regular employees who work at least 30 hours a week or 0.75 FTE or greater. The coverage for Basic Life and AD&D provided by OSU is two-times the employee’s annual salary up to $100,000 maximum coverage.
OSU also offers you the opportunity to purchase additional insurance for yourself and your family provided by Lincoln Financial. During open enrollment, employees may elect to enroll or increase coverage in the supplemental, employee-paid, Voluntary Group Life Insurance by up to $40,000 (in $10,000 increments), so long as the employee is not at their guaranteed issue amount or has not had a prior evidence of insurability denial.
- Employee Supplemental Guaranteed Issue is two-times annual salary in $10,000 increments not to exceed $300,000.
- Employee Supplemental with Evidence of Insurability is five-times annual salary in $10,000 increments not to exceed $750,000.
Supplemental Spouse life can be increased by one ($10,000) increment during annual enrollment, without Evidence of Insurability if not already at guaranteed issue (GI) for spouse life. Additional coverage subject to limitations and requires Evidence of Insurability.
- Spouse Supplemental Guaranteed Issue is 1 x employee salary in $10,000 increments not to exceed $130,000.
- Spouse Supplemental with Evidence of Insurability is 100% of employee’s basic and supplemental life not to exceed $380,000.
For more details regarding the Basic Life and AD&D as well as the supplemental, employee-paid, Voluntary Group Life, please visit the OSU Benefits Life Insurance site.
- MASA Ambulance
- MASA Ambulance (pdf)
- 100% employee paid and covers entire family (must select all dependents at enrollment)
- Covers what insurance doesn’t
- Works with all Ground and Air ambulance carriers
- $14 per month pre-tax plan provides coverage in U.S. and Canada
- $39 per month pre-tax plan provides coverage Internationally as well as U.S. and Canada
For more information visit the OSU Benefits MASA site.
- Health Savings Accounts
- Must be enrolled in the BlueEdge High Deductible Health Plan
- Cannot have an HSA and Health FSA within the same household
- Cannot be covered on another health plan that is not high deductible
- Cannot be enrolled in Medicare A and/or B
- 2024 Maximum Contributions, including employer contributions:
- Individual - $4,150; with the employer contribution, your maximum is $3,400
- Family - $8,300; with the employer contribution, your maximum is $7,050
- Age 55 and older, can contribute an additional $1,000
- If new or continuing in the High Deductible plan and HSA, please check the status of your account with BenefitWallet. Contributions cannot begin until your account is open and active. Missed contributions will be forfeited.
- Flexible Spending Accounts
FSA limit – Not released yet.
A maximum of $610.00 of unused 2023 funds will carryover into the 2024 plan year. See below for 2024 election information.
- Health Flexible Spending Account (FSA)
- Maximum (projected) contribution for 2024 has not been released
- For your household out-of-pocket health care expenses
- Dependent Care Flexible Spending Account (DCA)
- Maximum contribution is $5,000 per household
- For childcare expenses of your dependent children under age 13
- Health Flexible Spending Account (FSA)
- Voluntary Retirement Plans (403(b) and 457(b))
- Under age 50 contribution limit is $22,500 per plan for 2023
- Age 50 and older contribution limit is $30,000 per plan for 2023
- If you contribute to both the pre-tax 403(b) and after-tax ROTH 403(b) the contribution limit is combined
Important Information
Make Annual Enrollment Elections October 30-November 10
- *Must complete your annual Catapult Health screening to receive the $30 health insurance premium credit.
- Must make new elections each year for your Flexible Spending, Dependent Care, and/or Health Savings accounts.
- Must ensure dependents are added to each plan for which you wish to cover your dependents.
- Confirm your elections once complete.