View UNM’s Coronavirus Guidance for Employees.
Eligible employees have an opportunity to enroll in, cancel, or make changes to a variety of health insurance plans.
Check back on this page mid-April for Open Enrollment details.
If you need to update benefits due to a qualifying change in status,
visit the Qualifying Change in Status webpage.
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 19 and ends May 5 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, 2023 – June 30, 2024 (FY24).
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, or vision 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 what 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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For FY24, CVS Caremark® will continue to provide prescription drug benefits. There will be no prescription drug plan changes for the upcoming Plan Year.
Read about UNM’s Prescription drug plan through CVS Caremark®.
There are no plan or rate changes for FY24. Read about UNM’s Dental insurance plan through Delta Dental of New Mexico.
For FY24, there are no changes to the plan design or rates. Read about UNM’s Vision insurance plan through VSP.
For FY24, there are no changes to UNM’s insurance plans through The Hartford Insurance Company. During Open Enrollment, you can make changes to your Life, Short-Term Disability, Long-Term Disability, and Accidental Death and Dismemberment (AD&D) insurance plans via the NEW online Life, Disability, and AD&D Web Form available through LoboWeb beginning April 19, 2023.
Life Insurance | AD&D | Short-Term Disability | Long-Term Disability
This is your opportunity to enroll in an FSA for the FY24 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.
The FY24 Health Care FSA Plan Year maximum election is $3,050 and the carryover amount will increase to $610. The FY24 Dependent Care FSA Plan Year maximum election is $5,000.
Individuals who will meet or exceed the salary threshold of a Highly Compensated Employee as determined by the IRS, and considering enrollment in the Dependent Care FSA plan should review the tax advisory on the FSA webpage prior to enrolling.
Health Care FSA funds can be used for:
Check out the FSA | HSA Health Shopper for even more eligible expenses!
FSA Debit Cards will be arriving in mailboxes around July 1 for new FSA enrollees.
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 June 1, 2017 and May 1, 2018.
HR will contact VEBA Opt-In 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.