Open Enrollment is an annual process that provides you the opportunity to enroll in new benefit plans or make changes to your existing coverage effective January 1, 2017. This year’s Open Enrollment period will be from November 1–30, 2016. If you are not changing your health benefits elections, you do not need to re-enroll, and your current 2016 benefits will remain in effect through December 31, 2017 – except for Healthcare and Dependent Care Flexible Spending Account (FSA) plans, which you must re-enroll in every plan year. You are able to roll over up to $500 each year in the Healthcare FSA, but any balance above $500 is subject to forfeit. For 2017, the IRS has increased the Healthcare FSA annual limit from $2,550 to $2,600. All enrollments and/or changes for 2017 must be completed via the Benefits Service Center’s web-based enrollment system by November 30, 2016, accessed through DrexelOne.
To learn more about your benefits and how to use them effectively, please attend one of the Open Enrollment Benefit Fairs. These fairs will be held on all campuses and will include massage therapy, vision screenings, raffles and prizes, as well as representatives from Human Resources, benefit providers and the Drexel Recreation Center.
- Nov. 3: University City Campus, 11:30 a.m. – 1:30 p.m., in the Recreation Center lobby
- Nov. 4: Center City Campus, 11:30 a.m. – 1:30 p.m., in 3506-10 New College Building
- Nov. 9: Queen Lane Campus, 11:30 a.m. – 1:30 p.m., in The Atrium
- Nov. 15: The Academy of Natural Sciences, 11:30 a.m. – 1:30 p.m., in the Commons
Keystone POS, High-Deductible Health Plan (HDHP), and Personal Choice Medical Plans: To search and view information on Drexel doctors, please visit the Drexel University College of Medicine website.
Waiving Medical Coverage: Full-time benefit-eligible employees scheduled to work 40 hours weekly, and who have coverage through a spouse or other source (other than Medicare), may elect to waive Medical/Rx coverage and receive a monthly waiver bonus. To receive the waiver credit, log into the Drexel Benefits Service Center through DrexelOne, waive your medical coverage, and then submit the Medical Waiver (Opt-Out) Form (linked below) with a copy of the front and back of your current medical card. Employees that have waived their Medical/Rx coverage are required to submit a new waiver form each year.
Dental: Cigna remains our preferred dental carrier and there are no plan design changes and no rate increase for 2017. Coverage remains available for eligible dependents up to age 26.
Vision: Davis Vision remains our preferred vision carrier and there are no plan design changes and no rate increase for 2017. Coverage remains available for eligible dependents up to age 26.
Prescription Drugs: Express Scripts remains our preferred prescription drug carrier and there are no plan design changes.
- A 30-day retail supply of Generic drugs continues to have a $10 co-pay; Preferred Brand drugs continue to have a $30 co-pay; Non-preferred Brand drugs continue to have a $50 copay.
- Mail order copays for a 90-day mail-order supply remain $20, $60 and $100 respectively.
- Set up Mail Order Online!
- Employees will still be able to purchase a 90-day prescription supply, at mail-order prices, at participating pharmacies including Rite Aid, Walmart and Target.
- Express Scripts Drug Safety Brochure [PDF]
- Accredo Specialty Drug Program [PDF]
403(b) Retirement Program: Although changes can be made at any time, now is a good time to think about increasing your contribution to the 403(b) Plan and how your funds are invested. To increase your contribution, go to the Employees tab of DrexelOne and select the “403(b) Plan Management” link. To review your asset allocations and beneficiaries contact your retirement plan provider directly. For more information, see the Retirement Plan webpage.
We continue to encourage you to utilize Drexel Medicine for your healthcare needs. Drexel Medicine delivers exceptional, patient-focused health care to the Philadelphia region through their network of more than 275 teaching doctors from Drexel University College of Medicine. Drexel Medicine doctors stay abreast of the latest advances in their fields to teach the next generation of physicians. All of our medical plans offer a Drexel preferred coverage tier featuring $0 copays for primary care visits and reduced copays for specialist visits.
We are also very excited to reintroduce Parkway Health and Wellness for your primary care and supplemental health services. Designed for research and practice, Parkway Health & Wellness of the Drexel University College of Nursing and Health Professions (CNHP) serves as a site for inter-professional collaboration across research and clinical practice. This collaboration involves the multiple disciplines within the CNHP in addition to collaborations with other Drexel departments. Parkway Health and Wellness provides direct care services in a convenient Center City location, including comprehensive physical therapy services, Behavioral Health counseling services, Nutrition Sciences counseling services and Primary Care coordinated by Certified Registered Nurse Practitioners and Physician Assistants. For details, please visit the Parkway Health and Wellness webpage.