Annual Enrollment: Benefit Highlights of the 2023 Plan Year

Annual Enrollment Begins October 1, 2022: As a benefits eligible LSU employee, you have a wide variety of benefit options available to you and your eligible dependents.  During Annual Enrollment, you have the opportunity to enroll, make changes to, or cancel current benefit elections. 

If no action is taken, all benefits will roll over for the next plan year, except for Flexible Spending Account(s) (FSA) and Health Savings Account (HSA) contributions. These contributions must be re-elected each year. All elections made during the Annual Enrollment period (October 1 - November 15, 2022) will be effective January 1, 2023. 

Important Dates to Remember: 

  • October 1, 2022 – Annual Enrollment begins 
  • November 15, 2022 – Annual Enrollment ends 
  • January 1, 2023 – New plan year begins

 

Make Choices that Fit your Needs

Your Responsibilities During Annual Enrollment: 

  • Reviewing all communications regarding Annual Enrollment 
  • Educating yourself on plan offerings 
  • Providing proper documentation, where applicable. Such as adding dependents or submitting Evidence of Insurability (EOI) 
  • Ensuring changes have been properly submitted by deadline 
  • Confirm your demographic information, including address and phone number, in Workday
  • Verifying insurance coverage and premium deductions are correct

Some things to consider when evaluating your benefit elections are:

  • Monthly Premium 
  • Provider networks
  • Covered medical and prescription services 
  • Deductible, Coinsurance, and Copays 
  • Prescription coverage and costs 
  • Estimated out-of-pocket costs
  • Voluntary benefit offerings including dental, vision, life insurance, and flexible spending account(s).

Save the Date!

Annual Enrollment Benefits Fair

DATE: Wednesday October 26, 2022

TIME: 10:00am - 2:00 pm

LOCATION: Royal Cotillion Ballroom, LSU Student Union (second floor)

We encourage you to stop by and meet the Benefits staff, visit with representatives from various insurance and retirement vendors, and enter to win great door prizes!

Attend a Presentation

In preparation for Annual Enrollment, below is a list of virtual presentations that can educate and assist you in making informed decisions for the 2023 Plan Year. We encourage you to register and participate in these presentations hosted by the various insurance vendors.

The Office of Group Benefits will host in-person presentations for active employees. Please visit their website for a recorded version of their presentation. 

Date Location Time
Tuesday, October 4 Lake Charles Civic Center - Contraband Room
900 Lakeshore Dr., Lake Charles, LA 70602
9:00 AM or 2:00 PM
Friday, October 7 SLU Student Union Annex Theater (Old Student Union)
303 Texas Ave., Hammond, LA 70402
9:00 AM or 2:00 PM
Tuesday, October 11 Houma - Terrebonne Civic Center
346 Civic Center Blvd., Houma, LA 70360
9:00 AM or 2:00 PM
Tuesday, October 11 Monroe Civic Center
401 Lea Joyner Expy., Monroe, LA 71201
9:00 AM or 2:00 PM
Tuesday, October 18 University of New Orleans (University Center Ballroom)
2000 Lakeshore Drive., New Orleans, LA 70148
9:00 AM or 2:00 PM
Tuesday, October 18 University of Louisiana-Lafayette Cecil J Picard Center
200 Easy Devalcourt St., Lafayette, LA 70506
9:00 AM or 2:00 PM
Tuesday, October 18 Alexandria Convention Center
2225 N MacArthur Dr., Alexandria, LA 71303
9:00 AM or 2:00 PM
Tuesday, October 25 State Police Headquarters Auditorium
7919 Independece Blvd., Baton Rouge, LA 70806
9:00 AM or 2:00 PM
Tuesday, November 1 Bossier City Civic Center
620 Benton Rd., Bossier City, LA 71111
9:00 AM or 2:00 PM

 

LSU First will host virtual presentations for active employees via Zoom. To register for a meeting, please click the link below. Or, watch a recorded version of how LSU First works.

Date Time Link
Thursday, October 6 2:00 - 3:00 PM LSU First Annual Enrollment Presentation - October 6
Tuesday October 18 10:00 - 11:00 AM LSU First Annual Enrollment Presentation - October 18
Wednesday November 2 2:00 - 3:00 PM LSU First Annual Enrollment Presentation - November 2

 

LSU First Medicare Retiree Plan will host virtual presentations for Medicare-primary retirees via WebEx. To attend a meeting, please click the link below. Or, watch a recorded version of the LSU First Medicare Retireepresentation.

Date Time Link Event Number Event Password
Wednesday October 5 10:00 - 11:00 AM LSU First - WebEx Open Enrollment - October 5 2690 724 9781 LSUFirst2023!
Thursday October 20 2:00 - 3:00 PM LSU First - WebEx Open Enrollment - October 20 2692 878 1518 LSUFirst2023!
Tuesday November 1 10:00 - 11:00 AM LSU First - WebEx Open Enrollment - November 1 2690 315 1115 LSUFirst2023!

 

Workday

Workday sends all benefits-eligible employees an Open Enrollment Event to their Workday inbox. This event will look different than years past due to a Workday redesign. Please refer to the Open Enrollment Job Aid for step-by-step instructions.

Employees are encouraged to review current benefits and make selections consistent with your individual needs. To review your current benefit elections, click on the Benefits Worklet and view benefit elections. This will help to ensure you are aware of your current benefit elections while you review your 2022 benefits. Even if you don’t wish to make any changes, we encourage you to review and submit the event in Workday. It is also important that all employees check their demographic information, mailing address, phone number, and dependent information to ensure no disruption in coverage or receipt of ID cards.  

If no action is taken, all benefits will roll over to the 2022 Plan Year, except for Flexible Spending Account(s) (FSA) and Health Savings Account (HSA) contributions. These contributions must be re-elected each year. 

Annual Enrollment will close on Tuesday, November 15, 2022, at 4:00pm. Employees should disregard the due date that Workday generates on the Open Enrollment Event. Workday will not allow for any changes to be made after the Annual Enrollment period has ended. All changes made will be effective January 1, 2023.

 

Highlights for the 2023 Plan Year


Health Insurance

LSU First Health Plan administered by WebTPA and MedImpact

  • Premium increase of 1.5% for all tiers
  • $25/month wellness premium credit, if criteria have been met
  • Health Reimbursement Account (HRA) and deductible will no longer apply to prescription drug coverage
  • HRA and deductible will only apply to covered medical services. HRA will be adjusted by half

LSU First Medicare Retiree Plan (available for Medicare - eligible retirees)

  • Retirees who have Medicare A and B primary on all covered family members
  • No plan design or premium changes

Pelican HRA 1000 administered by Blue Cross Blue Shield

  • 4.5% premium increase
  • Pharmacy Benefit Manager (PBM) change to CVS Caremark
  • All members will receive a new ID card

Pelican HSA 775 administered by Blue Cross Blue Shield

  • 4.5% premium increase
  • To contribute to your HSA for 2023, please complete a GB-79 form and submit to Jennifer Popov via secure FilesToGeaux
  • Per IRS, Employees who are enrolled in an HSA health plan are not able to enroll and contribute to the Flexible Spending Account (FSA) program at the same time

Magnolia Local administered by Blue Cross Blue Shield
(available only for employees who live in designated regions)

  • 4.5% premium increase
  • Emergency Copay increase from $150 to $200
  • Pharmacy Benefit Manager (PBM) change to CVS Caremark
  • All members will receive a new ID card

Magnolia Local Plus administered by Blue Cross Blue Shield 

  • 4.5% premium increase
  • Pharmacy Benefit Manager (PBM) change to CVS Caremark
  • All members will receive a new ID card

Magnolia Open Access administered by Blue Cross Blue Shield

  • 4.5% premium increase
  • Emergency Copay increase from $150 to $200
  • Pharmacy Benefit Manager (PBM) change to CVS Caremark
  • All members will receive a new ID card

Medical Home HMO administered by Vantage 

  • 5.94% premium increase
  • Copay increases throughout plan

Supplemental Insurance

Dental Insurance

  • No changes to premium or plan design

Vision Insurance

  • No changes to premium or plan design

Supplemental Life Insurance

LSU System Term Life (UnitedHealthcare)

    • No changes to premium or plan design. Your premium may increase if you are entering a new age band.
    • Please review your beneficiary designations in Workday.

Employee

    • Maximum coverage amount is 3 times your annual salary or $350,000, whichever is less. Coverage must be in $10,000 increments.
    • If you are currently enrolled, you may increase your coverage by $10,000, up to the maximum limit, with no Evidence of Insurability (EOI).*
    • If you are not enrolled, you may elect $10,000 with no EOI.*

Spouse

    • Coverage available up to 50% of the Employee’s coverage amount, up to a maximum of $175,000. Coverage must be in $5,000 increments.
    • A Spouse must submit EOI and be approved to elect any new or additional coverage up to the maximum of $175,000 or 50% of the Employee’s amount of coverage.

Child(ren)

    • Coverage in $5,000 increments, up to a maximum of $20,000 per child. Premium covers all children.
    • If you are enrolled, you may enroll your child(ren) in any level of coverage. If you are enrolled, you may enroll your child(ren) in any level of coverage.

*If you have been previously declined for coverage by UHC, you must re-submit EOI and be approved to elect new or additional coverage in any amount.

OGB Term Life

    • There will be a premium change for 2023. Your premium may also increase if you are entering a new age band
    • You may apply for this benefit during Annual Enrollment with Evidence of Insurability (EOI)
    • Please review your beneficiary designations in Workday
    • If you would like to cancel your coverage, please contact HRM directly

Accidental Death & Dismemberment

  • No changes to premium or plan design
  • You may enroll, make changes, or cancel this benefit at anytime
  • Please review your beneficiary designations in Workday

Long Term Disability

  • No changes to premium or plan design. Premium may change based on salary
  • You may apply for this benefit at any time with Evidence of Insurability (EOI)
  • To cancel your current coverage, please contact HRM directly

Long Term Care

  • No changes to premium or plan design
  • You may apply for this benefit at any time with Evidence of Insurability (EOI)
  • To cancel your current coverage, please contact HRM directly

Critical Illness

  • No changes to premium or plan design. Your premium may increase if you are entering a new age band.
  • Please review your beneficiary designations in Workday

Accident Insurance

  • No changes to premium or plan design
  • Please review your beneficiary designations in Workday

Flexible Spending Accounts

  • The $5.00 administrative fee will be waived for 2023
  • Increase of $100 to the Healthcare FSA Contribution Limit= $2,850
  • Dependent Care Contribution Limit = $5,000 ($2,500 if married and filing separately)
  • Per IRS, Employees who are enrolled in an HSA health plan are not able to enroll and contribute to the Flexible Spending Account (FSA) program at the same time

Identity Protection

  • No changes to premiums or plan design
  • You may enroll, make changes, or cancel this benefit at anytime