TO:  All IBC Employees

FROM:  Melody Jameson, Chief, Human Resources Operations Division

SUBJECT:  Federal Employees Benefits Open Season

Open Season Begins Monday,
November 8!

Federal Employees Benefits Open Season:
November 8, 2021 – December 13, 2021

This is the time of year when employees can enroll in or change health benefits, supplemental dental and vision coverage, and elect a flexible spending account for the 2022 calendar year.

FEHB

Federal Employees Health Benefits

FEDVIP

Federal Employees Dental and Vision Insurance

FSAFEDS

Flexible Spending Accounts

Virtual Benefits Fair

Get Answers to Your Questions

At the 2021 Virtual Benefits Fair you may chat with carriers, review 2022 plan details, and get the information you need to help make the right decisions—in one convenient online location.

Register at: https://www.benefeds.com/education-support/dental-vision-webinars  

The Virtual Benefits Fair covers all benefits programs. It is hosted by Long Term Care Partners, the administrator of the Federal Long Term Care Insurance Program (FLTCIP)and BENEFEDS, the secure online portal to enroll in FEDVIP.

FEHB - Health Benefits

• Changes and new elections are effective on January 2, 2022. Open season changes must be made online through Employee Express.
• Family Eligibility: Learn more about eligible family members.

2022 Premiums

• For the full set of 2022 rate charts, visit the OPM website.
• Compare medical, dental and vision options with the OPM Plan Comparison Tool for FEHB.
• Make FEHB Open Season elections or changes on Employee Express

FEHB: Continuing the Going Green Initiative

• Paper copies of health plan brochures will not be mailed automatically to FEHB program members. Remember that copies of all FEHB plan brochures are available on the OPM plan information website.
• Your current health plan provider will mail you a notice about their Open Season package, highlighting updates to the plan and information about how to obtain the full plan brochure.

FEDVIP - Supplemental Dental and Vision

• Changes and new elections are effective on January 1, 2022.
• Compare plans and make elections or changes on the BENEFEDS site.
• Visit the OPM Plan Comparison Tool for FEDVIP.

FSAFEDS - Flexible Spending Accounts

• Your FSA elections are effective on January 1, 2022.
• Enroll in the Flexible Spending Accounts.
• REMEMBER - Current participants must Re-Enroll.
• Healthcare Flexible Spending Account (HCFSA) and Limited Expense Healthcare Flexible Spending Account (LEX HCFSA) Carryover – Participants may carry over unused contributions from the 2021 plan year to the 2022 plan year (participants must re-enroll for the 2022 benefit period).
• 2022 plan year FSA accounts contribution limits:
  • The maximum annual election for HCFSAs and LEX HCFSAs is $2,750.
  • The minimum election for the flexible spending accounts is $100.
  • The maximum annual election for a Dependent Care Flexible Spending Account is $5,000. There is no carryover for this account, but there is a grace period until December 31, 2022.