For those currently enrolled in benefits, your current elections will automatically carry forward into 2025, with the exception of flexible spending accounts. Health savings accounts (HSA) will carry forward. To continue General FSA, Limited FSA, and Dependent Care FSA, you will need to log in and make elections for 2025.
Elections must be made between October 21 and November 1. Elections for this enrollment will be effective January 1, 2025.
There are no major changes to available options for plan year 2025. As healthcare costs continue to rise, St. Olaf College is proud to hold 2025 employee premiums at the same rate as 2024. To maintain affordability and alleviate some financial burden for employees, the college is taking on these increased costs. Deductibles and out-of-pocket expenses will be less than the current 2023-24 pro-rated 16-month plans.
Beginning November 1, employees and dependents covered by St. Olaf health insurance will be auto-enrolled in Nice Healthcare, a service new to St. Olaf offering a variety of low-cost health services, including mental health services, physical therapy, and common prescription drug fulfillment.
In 2023, we launched the addition of two new plans through Blue Cross: Coupe Core and Coupe HDHP/HSA. Coupe plans offer price certainty with the ability to know the cost of every service ahead of time, the ability to locate high-quality, low-cost providers, a dedicated health valet to help you navigate your healthcare journey and so much more! Employees pay less in premiums when they elect a Couple health plan.
For the 2025 plan year, we will launch financing and non-financing options of both the Coupe Core and Coupe HDHP/HSA plans. Coupe plans will default to the $0 upfront/pay later financing arrangement arrangement. For the non-financing option, planholders will be billed by providers and be responsible for paying them directly. Non-financing plans will operate with secondary insurance like Medicare and Medicaid/Minnesota Care.