2024-25: Open Enrollment is from April 15-May 15
Due Date: Monday, May 15, 2023 — the last day to submit your Open Enrollment forms and any insurance application forms to Human Resources.
Quick links:
- Costs for Insurance 2024-25
- Your current benefits selections: Online Compensation Statement
- Forms:
Benefits Fair
Wednesday, April 17, 2024 — 9-11:30 a.m., 12:30-3 p.m.
Church-Chapel Fellowship Hall
Why should you come:
- New Supplemental Life Insurance offered! Come hear about it and decide if you want to add additional life insurance coverage.
- Representatives from our various benefits providers will be present to answer your questions.
- Computers will be available to complete your enrollment survey. We will be there to answer your questions.
- Light refreshments will be provided.
- The American College Massage School will be present to provide 10-minute massages to those who sign up.
Open Enrollment — Steps to take:
All employees working half-time or more must:
- Review your current benefit selections by looking at the employee-elected deductions listed on your online Compensation Statement.
- Review the new insurance rates for 2024-25.
- Complete your Annual Enrollment Form and submit it (via the emailed survey you received).
- A new application or cancellation form is needed for each benefit in which you are changing coverage. Changing your Annual Enrollment Form is one step; a new application or cancellation is needed for the insurance company to know your change of coverage.
- Download them, fill them in, return them to the Human Resources Office by campus mail or via email hr@goshen.edu.
- Make sure you have all of this completed and turned in by Wednesday, May 15. It is the last day to submit your Open Enrollment forms (Annual Enrollment Form and any insurance application forms) to Human Resources (by campus mail or via email hr@goshen.edu).
- If you have any questions, please contact hr@goshen.edu and we will set up a time to talk with you.
Note that Goshen College’s fiscal year and benefits year is July 1-June 30. If you do not fill out an Annual Enrollment Form for 2024-25, you will not receive medical, dental and/or vision coverage. HR will NOT continue the same insurance coverage you elected in 2022-23.
If you do not fill out an FSA/Section 125 form, we will also assume you do NOT want to participate in the medical or childcare reimbursement accounts in 2023-24.
2024-25 Rates and Forms
Health Insurance
These are the monthly health insurance rates for the 2024-25 academic year. There has been an increase from last year of 4% for employee premium cost. Goshen College will continue to pay 100% of the employee premium. In your coverage decision, remember that the rates above are pre-tax deductions. The net cost to you will be 75-80% of these amounts due to being taken out of your check pre-tax (tax free).
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Single Coverage
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Employee/Children
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Employee/Spouse
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Full Family
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Employee Cost
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$0 | $217.61 | $579.06 | $790.38 |
| College Cost | $667.42 | $885.03 | $684.64 | $908.53 |
| Total Cost | $667.42 | $1102.64 | $1263.70 | $1698.91 |
Add Health Benefits Summary
Dental Insurance
The monthly dental insurance rates for the 2024-25 academic year increased by 6% this year. Employees pay the full cost of these premiums.
| Employee Only | $27.72 | |
| Employee + 1 Dependent | $58.65 | |
| Full Family | $104.82 |
>>Dental Insurance Enrollment Form
Vision Insurance
The monthly vision insurance rates for the 2024-25 academic year have increased by 4% this year. Employees pay the full cost of these premiums.
| Employee Only | $8.21 | |
| Employee + Spouse | $15.59 | |
| Employee + Dependents | $16.42 | |
| Full Family | $24.12 |
>> Vision Insurance Enrollment Form
Supplemental Life Insurance
The monthly rate is based on the employee’s age and the amount of coverage elected. See the Rate Table to see rates for the amount of coverage selected.
>> Supplemental Life Enrollment Form
Medical Expense Reimbursement Account (FSA/Section 125)
Decide how much you wish to take out of your check tax-free for medical expenses you incur during the college year that are not covered by insurance. Employees are able to use FSA/Section 125 funds for over-the-counter medications and some feminine hygiene products. There is a limit of $3,100 for medical expense reimbursement. For more information, see IRS Publication 502. Also, in choosing how much to place in your medical reimbursement account, you may want to consider the deductible of $1,500/3,000 and the 70% coverage after meeting the deductible. You may carry over up to $570 of your remaining balance from the 2022-23 plan year to the next plan year.
Childcare Expense Reimbursement Account (FSA/Section 125)
Decide how much you wish to take out of your check tax-free for childcare expenses for children under age 13 so you can work. There is a limit of $5,000 (single parent or married filing jointly) or $2,500 (married filing separately) for childcare expense reimbursement. Any money remaining in the plan in forfeit.
NOTE: For those participating in either medical or childcare reimbursement accounts, you will need either use the debit card issued to you at the beginning of the plan year or file claim forms with The Harrison Group along with the explanation of benefit forms you receive from Highmark PPO or the receipt from your childcare provider. Claim forms are found here.
Giving to Goshen College via Payroll Deduction
To make a contribution to Goshen College through payroll deduction, simply fill out this form, and return it to the Human Resources Office. Your gifts to Goshen College make a difference, both in terms of dollars and by increasing the participation percentage of faculty/staff who give. Strong support from our faculty/staff sends a message to foundations, government programs and corporate donors that employees have faith in GC, and this is an institution worthy of their investment.