Updates For January 1, 2020– December 31, 2020
Cigna Medical/Vision Premiums
We are pleased to announce that the employee premiums for medical coverage will reduce by 1.6 % in 2020. Vision premiums will remain unchanged.
Cigna Dental Premiums
The premiums for the Dental DHMO plan will remain unchanged in 2020. The premiums for the Dental PPO plan will increased by 4%. The plan designs will remain unchanged.
Cigna Consumer Core High Deductible Health Plan (HDHP) – increased deductible
The 2020 deductible will increase to $1,400 (individual) and $2,800 (family) from the 2019 deductible of $1,350 (individual) and $2,700 (family).
HSA Contribution Limits
Coverage Type: Individual $3,550
Coverage Type: Family $7,100
Health Care FSA and Dependent Care FSA Limits
The limit for the Health Care FSA (January 1, 2020 – December 31, 2020) is $2,750 ($114.59 per paycheck).
The limit for the Dependent Care FSA (January 1, 2020 – December 31, 2020) is $5,000 ($208.33 per paycheck); $2,500 ($104.16 per paycheck) if both spouses contribute via separate employers.
You must enroll, during each Open Enrollment period, in order to participate for the new plan year.
Reminder: Deductibles and annual limits are calculated on a calendar year basis. Please plan accordingly.