Benefits Open Enrollment
2022 Benefits Open Enrollment
Monday, November 1st – Monday, November 22nd, 2021
During the Benefits Open Enrollment period, you can:
- Make changes to your coverage options and changes to who is covered under your Plan(s).
- Enroll or re-enroll in a Healthcare and/or Dependent Care Flexible Spending Account (FSA) for calendar year 2022. *This benefit needs to be re-elected each year!*
- Enroll in or make changes to your Supplemental Life Insurance and/or Long Term Disability elections.
All enrollments and changes will become effective on January 1, 2022.
2022 Retirement Savings, Flexible Spending Account (FSA) and Commuter Benefit Limits
The IRS announced the 2022 retirement savings plan maximums. The maximum amount that you will be able to contribute into the supplemental retirement savings plan in calendar year 2022 will increase to $20,500 (from $19,500) and the employee compensation limit for calculating contributions will increase to $305,000 (from $290,000). The age-50 catch up contribution will remain at $6,500.
The IRS announced that the 2022 Healthcare FSA contribution limit for 2022 will increase to $2,850 (from $2,750). The Dependent Care FSA limit has not changed from 2021 and remains at $5,000 for 2022.
In addition to the Healthcare FSA limit change, the IRS has also announced that the Transit and Parking monthly limits have increased to $280 per month (from $270).
How Do I Enroll or Make Changes for 2022?
Enrollments and changes can be made through the Benefitfocus site, which can be accessed via computer, tablet, or mobile app. The mobile app, BENEFITPLACE® is available on Google Play and the Apple App Store.
Enter the company ID: myhofstrabenefits and log into the benefits system using the same username and password that you use to log into the Hofstra portal.
We’ve created this guide to assist you with navigating the Benefitfocus system.
To make a change to your Long Term Disability election, please email email@example.com and request the enrollment/change form.
What Happens If I Do Not Do Anything?
If you do not take action, you will automatically be re-enrolled in your current 2021 benefits for 2022, EXCEPT for Healthcare and Dependent Care Flexible Spending Account enrollments. You MUST re-enroll in these plans during the Benefits Open Enrollment period.
Where Can I Learn More?
Zoom Benefit Information Sessions with the Hofstra University Benefits Team
When: November 9th, 2021
Time: 10:00 am
When: November 15th, 2021
Time: 1:00 pm
Employee Assistance Program (EAP)
The Employee Assistance Program (EAP), is administered by Empire BlueCross BlueShield. This program provides immediate, free, confidential access to information, referrals, crisis assistance, and work-life services for full-time employees and their household members.
Tuition Application Deadlines
Tuition Remission Applications are due by:
January 1st, 2022 for the Winter and Spring Semesters
April 1st, 2022 for the Summer and Fall Semesters
Tuition Exchange Applications are due by:
February 28th, 2022 for Fall 2023
For more information on the Hofstra Benefits program, including Summaries of Benefits Coverage, Summary Plan Descriptions and policy details, visit the Hofstra benefits page. In addition, there are certain notices that we must provide to you on an annual basis regarding your benefits coverage.
If you have questions, you can visit the insurance carrier webpages listed below, email the Benefits Team at firstname.lastname@example.org or call the Benefits Team at 516-463-6526.
|Empire BlueCross BlueShield||www.empireblue.com|
|EyeMed Vision Care||www.eyemedvisioncare.com|