July 1, 2020 Changes
Medical
Insurance premiums remain unchanged.
Co-insurance percentage, deductibles and co-pays will not change. The salary bands and tiers within the structure will remain unchanged this year.
Dental
Insurance premiums on both the Low Option and High Option plans remain unchanged.
Expanded network enhancement to Elite Plus Network.
Vision
Insurance premiums remain unchanged.
Flexible Spending Accounts
Please Note: As IRS updates are coming out regularly, we are monitoring the updates and will share information as we get it.
Health Care Flexible Spending Account
Dickinson will increase the 2020-2021 annual election amount from $2,700 to $2,750 to coincide with IRS regulations. Over the counter (OTC) drugs and medicines are now eligible for reimbursement without a prescription. In addition, menstrual care products are now considered qualified medical expenses. Contributions should be planned carefully based on predictable medical, prescription drug, dental and vision expenses, because the Internal Revenue Service (IRS) requires that any money left unclaimed in your account at the end of the plan year's "grace period" (September 15) be forfeited.
Dependent Care Flexible Spending Account
During this time of COVID-19 closures when day care centers are not operating, it may be difficult to determine how much to set aside for dependent care expenses. Please be aware that employees may add a dependent care flexible spending account amount within 31 days of day care centers resuming operations. At that time, please complete a life status change event form and return it to HR Services.