Benefits Open Enrollment

• 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 2025. *This benefit needs to be re-elected each year!*
• Enroll in or make changes to your Supplemental Life Insurance Plan coverage and/or Long-Term Disability elections.

All enrollments and changes will become effective on January 1, 2025.

Benefitfocus

Benefitfocus continues to be your benefit management platform, where you can access, change, and manage your benefits – all in one place. You can access Benefitfocus through your my.hofstra.edu portal.

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.

A Flexible Spending Account (FSA) allows you to pay for eligible out-of-pocket healthcare and dependent care (i.e., childcare) expenses with pre-tax dollars. By using pre-tax dollars to pay for healthcare and dependent care expenses, an FSA gives you an immediate discount on these expenses equal to the taxes you would otherwise pay on that money!

The Healthcare Flexible Spending Account can be used to pay for qualified medical, dental, or prescription drug costs for employees and their eligible dependents.

The Dependent Care Flexible Spending Account can be used to pay for eligible dependent care expenses, such as childcare and summer camp, for dependent children up to the age of 13 (if the expenses incurred are the result of you and your spouse working), in addition to eligible elder care expenses.

You can find additional information on the benefits here.

You must re-enroll in the Healthcare and Dependent Care Flexible Spending Accounts plans by Friday, November 15, 2024. This benefit does not carry over from 2024 to 2025.

The IRS announced the following employee contribution limits for the 2025 calendar year.

• The 403(b) employee contribution limit will increase to $23,500 (from $23,000), if under age 50.
• The age 50 catch up contribution limit will remain $7,500.
• The Healthcare FSA contribution limit will increase to $3,300 (from $3,200).
• The Dependent Care FSA contribution limit remains at $5,000.
• Transit and Parking monthly limits will increase to $325 per month (from $315).

Virtual Review Sessions with Hofstra University's Benefits Team

You must re-enroll in the Healthcare and Dependent Care Flexible Spending Accounts plans by Friday, November 15, 2024. This benefit does not carry over from 2024 to 2025. 

Employee Assistance Program (EAP)

The Employee Assistance Program (EAP) is administered by Anthem BlueCross and 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.

Review this summary for additional information. Contact the Anthem EAP at 800-999-7222 or go to AnthemEAP.com (enter company code: Hofstra).

Tuition Application Deadlines

Tuition Remission Applications are due by: 
Wednesday, January 1, 2025, for the winter and spring semesters.
Tuesday, April 1, 2025, for the summer and fall semesters.

Tuition Exchange Applications are due by: 
Friday, February 28, 2025, for the fall 2026 semester.
Tuition applications and policies can be found on the Hofstra Portal and the benefits page.

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 pages listed below, email the Benefits Team at benefits@hofstra.edu, or call the Benefits Team at 516-463-6526.