Important New Information for this year
Open Enrollment Dates: November 4 – 21
Increased Contribution Limits for Savings and Spending Accounts
Health Savings Account (HSA)
Annual limit will increase to $3,850 for individual coverage and $7,750 for family in 2023. This is the total amount that both you and CHOC can contribute to your HSA
Remember! When you enroll in the HDHP plan, CHOC automatically contributes money to your HSA ($500 for individual and $1,000 for family)
Health Care Flexible Spending Account (FSA)
Annual limit will increase to $2,850. The maximum rollover amount is $570
Increased Individual Annual Deductible within a Family – Cigna HDHP
The IRS has increased the individual annual deductible within a family covered by the Cigna HDHP to $3,000
Increased Frame Allowances under the VSP Standard and Buy-Up Plans
The Standard plan will have an increased frame allowance of $150 for retail frames and $170 for featured frame brands
The Buy-Up plan will have an increased frame allowance of $200 for retail frames and $220 for featured frame brands.
New MetLaw Legal Plan Offering
We are expanding the MetLaw Legal Plan coverage to include the additional coverages below at no extra cost:
- Debt Matters – Identity Management Services
- Family Law – Guardianship and Conservatorship – Contested (current plan covers uncontested
- Attorney Services for Non-Covered Matters – 4 hours
