Open Enrollment

MIT Benefits Open Enrollment for the 2024 calendar year is closed.

Any changes you made will go into effect on January 1, 2024.

Learn About Your Options

See below to learn what's new for 2024. You can also:

What’s New for 2024

Health plan changes

MIT is replacing the current Traditional and Choice Health Plans with a new plan, the Blue Cross Blue Shield (BCBS) PPO+ Plan. This plan allows members more options for where to seek care—at MIT Health, across New England, and nationwide—all without provider referrals. The current BCBS High Deductible Health Plan (HDHP) will continue to be offered by MIT.

As you may know, MIT shares the cost of health insurance premiums with you. Each year prior to Open Enrollment, MIT identifies the projected rate increases and changes for our health plans. Without intervention, plan costs would have grown by approximately 8% in calendar year 2024 due to medical cost inflation, specialty drugs, high-dollar claims, and utilization. To reduce the impact on employees, the Institute will contribute more towards the cost of healthcare plan premiums – from 69% to 73%.

These changes enhance and expand MIT’s healthcare options, and will have both short- and long-term positive impacts on health insurance costs for the MIT community.

Health plan premiums, copayments, and deductibles

Premiums for current Traditional and Choice plan members will either stay the same or decrease with the new BCBS PPO+ Plan; premiums for the BCBS High Deductible Health Plan will decrease.

With the new BCBS PPO+ Plan, plan members will have $0 copays for MIT Health office visits, with specialist office visits at MIT Health remaining $10. In-network deductibles will be introduced ($150 individual, $300 individual + spouse/domestic partner, individual + child(ren), and family) for higher-cost services such as inpatient hospitalization, outpatient surgery, ER, imaging, and prescription drugs.

For those in the BCBS High Deductible Health Plan, deductibles will increase from $1,500 individual / $3,000 family to $1,600 individual / $3,200 family as mandated by the IRS.

Health plan enhancements

Enhancements to both the BCBS PPO+ Plan and the BCBS HDHP include:

  • NEW: BCBS TrueCare 360 Advocacy and Care Management – Dedicated Blue Care Managers and Service Advocates will help you and your family navigate the complex healthcare system, find resources in your community, coordinate care and access to services for complex cases, provide education about conditions, and support caregivers.
  • NEW: BCBS Virtual Primary Care – $0 cost for virtual primary care and mental health visits offered via chat, text, phone, and video with select providers.
  • Expanded and updated fertility benefits (new egg cryopreservation benefit and updates to frozen embryo requirements) and enhanced gender-affirming care benefits.

Additional Information

Dental plan, vision plan, and life insurance plan premiums (rates)

There will be no increase to dental plan, vision plan, or optional or dependent life insurance rates in 2024. You can view current rates on the web pages for these plans:

Voluntary benefits plan premiums

There will be no increase to the premiums for identity theft protection services, legal insurance, or pet health insurance in 2024. You can view current premiums on the web pages for these plans:

Flexible spending accounts and portable child care subsidy

The Flexible Spending Account (FSA) maximums will be $3,050 for the Health Care FSA, and $5,000 for the Dependent Care FSA, unless otherwise noted by the IRS. If you wish to remain in the Health Care or Dependent Care Flexible Spending Account(s) for calendar year 2024, you MUST re-enroll in coverage.

MIT's Portable Child Care Subsidy (PCCS) program provides a benefit to eligible employees to address the high costs of childcare—an ongoing challenge for many employees and families. For eligible employees who apply and are approved, MIT will fund Dependent Care Flexible Spending Accounts (DCFSA) with pre-tax contributions ranging from $3,000 to $5,000 per calendar year. 

Identification cards

All MIT Health Plan members will receive new ID cards by January 1, 2024. You must present your ID card when you see any providers in 2024 or your claims will not be processed correctly and will result in your provider’s office sending you a bill.

Help and contacts

Here's how to reach the vendors for each of MIT's benefit plans, or you can contact MIT Benefits by phone or email for assistance.

Vendor Phone Website
ARAG (legal insurance) 1-800-247-4184
ASPCA (pet health insurance) 1-877-343-5314
Blue Cross Blue Shield of MA 1-888-376-0218
Delta Dental 1-800-872-0500
Express Scripts 1-866-454-7118
EyeMed 1-866-939-3633
 
Fidelity – Health Savings
Account (HSA)		 1-800-544-3716
Fidelity – Supplemental 401(k) Plan 1-877-MIT-SAVE
or 1-877-648-7283
HealthEquity 1-877-924-3967
ID Watchdog 1-866-513-1518
MIT Health 1-617-253-4481
Pension Service Center 1-855-4MITPEN
or 1-855-464-8736
Pets Best 1-888-984-8700

Disclaimer

MIT expects to continue offering the employee benefits plans noted in this document, but it reserves the right to amend, cancel, or terminate the plans at any time. If there is a discrepancy between this document and the official Plan Document(s), the official Plan Document(s) will govern.

Note: If your employment with MIT is governed by a collective bargaining agreement, then the availability of these benefits and the extent of your participation in these plans will be governed by the terms of your collective bargaining agreement.