Open Enrollment 2022

Open Enrollment is the period where you can review, elect, decline, or make changes to your benefits for the upcoming calendar year.  Other than experiencing a Qualifying Life Event, Open Enrollment is your only opportunity to make benefit changes so make sure you complete the necessary steps if interested in making changes to your current elections.

Online Enrollment will begin 10/18/2021 and end 10/29/2021

Below are important details about the open enrollment period and effective date of your requested elections.

  • All open enrollment changes are to be made on ADP and must be completed by 5 PM on Friday, October 29, 2021.

  • The changes that you make to your benefits will take effect on 01/01/2022.

You must complete ADP open enrollment if:

  • You currently have a Medical FSA and/or Dependent Care FSA in 2021 and want to continue participation in 2022.  Be sure to data-enter enrollments as a per pay period election (not annualized).

  • You want to make any changes to (or waive) your medical, dental, vision, or HSA plans.  HSA elections must also be designated as per pay period (not annualized.)

  • You are not currently enrolled in any medical, dental, vision, FSA, HSA, or Dependent care plans, and wish to be enrolled effective 01/01/2022!

You do not need to complete ADP open enrollment if:

  • You have waived coverage for all benefits, and you wish to continue waiving coverage.

  • You are satisfied with your current health, dental, vision, and HSA enrollments, and don’t plan to make any changes to these benefits.  Your current elections will roll into the new year.

Reach out for Open Enrollment assistance!  

If you have question, please don't hesitate to reach out. We are here to help you! 

  • For questions on YTD claims or plan selection 

  • For general questions and ADP assistance

    • ​Get in Touch with HR Benefits Staff ​

      • Marianne Goschke and Pam Beckner 

        • Reach out via email at HRBenefits@greenstate.org

        • Call us via Teams to allow for screen sharing during the enrollment process​​

        • Contact our group line at 319-248-7422​

  • Trying to determine the best benefits plan for you? 

2022 Plan Changes

We encourage you to educate yourselves about GreenState Credit Union's health coverage and other benefits, prior to making your final benefit elections for the upcoming year. This page, along with the Insurance tab is a good places to start.  Below you will find information highlighting changes for the calendar year of 2022.  You can also hear about these changes by watching this short 4-minute video.

Medical Rates

We are pleased to be able to continue to provide a choice in health plans for all staff by offering both a PPO and HDHP.  Over the course of the last year, the PPO plan accounted for over 65% of total health plan cost for year.  As such, there will be an increase to PPO monthly rates, while HDHP rates will remain the same.  Additionally, one plan enhancement has been made:  The PPO Doctor on Demand and Virtual Visit copay will decrease from $40 to $20.  Please take a look at the documents below to review the per pay period and monthly premium amounts as well as the Summary of Benefits and Coverage for both plans offered.

MedOne Pharmacy Benefit Manager

We will continue to use MedOne as our Pharmacy Benefits Manager and encourage you to review log-in and contact information for MedOne via by navigating to the insurance tab. In 2022, there will be an increase to prescription co-pays at non-preferred pharmacies of Walgreens and CVS. For prescriptions purchased through those two pharmacies, the co-pay tiers will be $10/$35/$50. For prescriptions purchased at other preferred pharmacies, such as Hy-Vee, there will be a lesser co-pay of $4/$25/$40. There will also be an increase to the co-pay for all specialty drugs of $150 to $200, regardless where purchased. If you have questions regarding your specific prescription(s), please reach out to MedOne's Member Advocate Team at 888-884-6331 for assistance. 

Health Savings Account (HSA)

GreenState Credit Union will continue to offer the opportunity for HDHP participants to open and fund a Health Savings Account (HSA) with pre-tax dollars through payroll deduction.  We are pleased to share that an employer contribution will once again be provided in 2022 for all participants who contribute a minimum of $10 per pay period.  The employer contribution for 2022 will be $31.25 per pay period for Employee only coverage ($750 annually), and $62.50 per pay period for all other coverage levels ($1500 annually).

 

For staff that participated in the HSA plan in 2021, current enrollments will automatically roll into the new year if no election changes are made during Open Enrollment.  All new participants must complete open enrollment on ADP.  Enrollments must be an even dollar amount divided across 24 pay periods. The annual limit on HSA contributions will be $3,650 for self-only and $7,300 for family coverage. With the GreenState provided HSA contribution of $750 and $1500 deducted, maximum coverage levels for staff for 2022 are:

  • Employee Only Coverage (under age 55) - $2,899.92 ($120.83 per pay period)

  • Employee Only Coverage (over age 55) - $3,900.00 ($162.50 per pay period)

  • All other Coverage Levels (under age 55) - $5,799.84 ($241.66 per pay period)

  • All other Coverage Levels (over age 55) - $6,799.92 ($283.33 per pay period)

Limited Purpose Flexible Spending Account

A Limited Flex plan will also be available for HDHP participants, and is typically advised for those that choose to fully fund their HSA plan but continue to have vision and dental needs over and above those fully funded levels.  Enrollment will occur electronically on ADP and must be an even dollar amount divided across 24 pay periods.  Maximum coverage level for 2022 is: $2749.92 ($114.58 per pay period).  This plan allows a $550 carryover into the new year for any funds budgeted but not spent.

Full Purpose Flexible Spending Account

GreenState Credit Union's Full Purpose Health Care Flexible Spending Account (FSA) is a voluntary benefit which offers full-time employees with the opportunity to pay for select monthly out of pocket expenses with pre-tax dollars including:

  • Medical Expenses that aren't paid in full or covered under your medical, dental, and/or vision care programs

  • Dependent Care

Both Medical Expense and Dependent Care Reimbursement is available to all FT employees, regardless of health plan selection. Enrollment will occur electronically on ADP and must be an even dollar amount divided across 24 pay periods.  Maximum coverage levels for 2022 are:

  • Medical Expense FSA - $2749.92 ($114.58 per pay period)  This plan allows a $550 carryover into the new year for any funds budgeted but not spent.

  • Dependent Care FSA - $4999.92 ($208.33 per pay period)​​

Wex/Discovery Benefits Debit Cards

If you are a new Wex/Discovery Benefits participant …

  • You will receive a Welcome Letter from Wex/Discovery Benefits along with instructions for setting up your personal Participant Log-in reimbursement account after the first of the year. 

  • You will receive FSA debit cards in your name; these cards will be sent to your home address and will be activated with the first swipe. 

If you participated in a Discovery Benefits FSA plan in prior years...

  • Your existing online log-on and password will continue into 2022.

  • Your previous debit card remains valid for 4 years.  Please be sure to retain your debit cards as they will be “reloaded” with data and can continue to be used for 2022 expenses. 

Dental

Delta Dental plan design will remain the same with a minimal increase to current rates based on utilization (2.6%).   New in 2022, one enhancement has been made to eligibility, dependents are now eligible for coverage up to age 26, regardless of student status!  In addition, all Delta Dental subscribers will continue to automatically receive free Delta Vision discount benefits as a part of their Delta Dental coverage. Thank you for taking great care of those fantastic smiles!  Click here to review the rates.

Vision Insurance - VSP

VSP Vision plan design will remain the same in 2022 with a minimal increase to current rates across the board for all VSP clients (1.4%). Click here to review the rates.

Supplemental Insurance - Allstate 

For those who were enrolled in any of the Allstate plans during the 2021 calendar year, current per pay period elections will continue into the 2022 calendar year. We will not be offering Allstate as part of our year-end open enrollment process, and instead will be offering a one-time enrollment opportunity mid-year 2022. If you would like to cancel your existing coverage, please email HRBenefits@greenstate.org.