View UNM’s Coronavirus Guidance for Employees.
Open enrollment is your annual opportunity to enroll in, cancel, or make changes to your medical, dental, vision, life, accidental death and dismemberment, and disability plans, and enroll in a Flexible Spending Account (FSA). Additionally, for those eligible or participating in the VEBA, this is your opportunity to assess your options.
Open Enrollment begins April 20 and ends May 6 at 11:59 p.m. with plan changes effective July 1. After Open Enrollment ends, you cannot make mid-year changes unless you experience a qualifying change in status event, or wait until the next Open Enrollment..
The following changes are effective for the upcoming Fiscal Year, July 1, 2022 – June 30, 2023 (FY23).
Review each plan you participate in below. Action is not required on your part if you do not want to make changes to your existing medical, dental, vision, disability, life, or AD&D coverage, unless you want to enroll in an FSA. If you are currently enrolled in an FSA, you must re-enroll for July 1 – June 30!
If you want to make changes or review which plans you are currently enrolled in, click the View or Change Benefits button for instructions.
| Plan | Changes |
| Presbyterian |
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| UNM LoboHealth |
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Medical plan rates are increasing slightly, but increases remain below national average and will vary depending on which plan you enroll.
Beginning July 1, CVS Caremark® will be providing prescription drug benefits for anyone enrolled in either medical plan.
CVS Caremark® includes the PrudentRx program which offers certain specialty drugs at a zero ($0) dollar copayment when members participate.
For additional information about the services available to you through CVS Caremark®, please visit the Prescription Drug Transition page to learn more.
The dental plan will have an enhancement to include coverage for composite fillings. There are no changes to the rates for FY23. Read about UNM’s Dental insurance plan through Delta Dental of New Mexico.
Benefits through VSP are enhanced for FY23 including an increased frame allowance, added anti-reflective coating benefit, and new essential medical eye care. Plan rates are increasing slightly. Read about UNM’s Vision insurance plan through VSP.
For FY23, there are no changes to UNM’s insurance plans through The Hartford Insurance Company. Complete the Open Enrollment Form here to enroll or make changes.
Life Insurance | AD&D | Short-Term Disability | Long-Term Disability
This is your opportunity to enroll in an FSA for the FY23 Plan Year. If you are currently enrolled, and want to continue to take advantage of FSA in the upcoming Plan Year, you must re-enroll.
Beginning July 1, WEX Inc. will administer UNM Health Care and Dependent Care FSAs. Check your mail around July 1 for your new FSA Debit Card.
The FY23 Health Care FSA Plan Year maximum election is $2,850 and the carryover amount will increase to $570. The FY23 Dependent Care FSA Plan Year maximum election is $5,000.
Health Care FSA funds can be used for:
Check out the FSA | HSA Health Shopper for even more eligible expenses!
For more information about claim deadlines, “use it or lose it” provisions and other plan rules, visit the FSA webpage.
Opt Out: During Open Enrollment, current VEBA participants have the opportunity to opt out of their VEBA contributions. By opting out of VEBA, participants forfeit access to retiree medical and dental benefits.
Opt In: Employees who previously opted out of VEBA have one opportunity to opt back in. This Open Enrollment is available to those employees who opted out between May 1, 2016 and May 1, 2017.
HR will contact eligible employees directly. For more information, visit the VEBA webpage.
If you have questions about Open Enrollment, contact Benefits & Employee Wellness at hrbenefits@unm.edu or 505-277-6947.
