Open Enrollment Basics: 2024 Changes and Important Reminders

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Monday, October 30, 2023
 
For 2024
  • Medical Plan Premiums – Employee premiums for all three medical plan options will increase by 7%. Premium contributions, including both employee and university shares, are listed on page 3 of your Quick Reference Guide.
  • Dental Plan Premiums - Premiums will increase 5% in 2024. This is the first increase in dental plan premiums since 2018.
  • Effective January 1, 2024, Reliance Matrix will be the university’s Life and Disability Insurance vendor. 
 
Important Reminders
  • Spousal Surcharge Waiver Form – If you are covering a spouse/partner on your medical plan, you must complete a 2024 Spousal Surcharge Waiver form. This form must be completed every year that you cover a spouse/partner. You'll find the link in the Quick Link list on Lehigh Benefits starting November 1.
  • Flexible Spending Accounts and employee contributions to Health Saving Accounts DO NOT automatically roll forward from the previous year. If you want a healthcare or dependent care FSA or plan to make employee contributions to a HSA in 2024, you must make these elections during Open Enrollment.