2021 Benefits Enrollment Nov. 2 – 13, 2020
The 2021 Annual Enrollment will take place November 2 to November 13. It’s your annual opportunity to review your benefit options and choose your coverage for next year.
BMC will offer the same medical, dental, and vision options for 2021. Dental Plan and Vision Plan benefits and paycheck costs will not increase.
Paycheck costs for all medical plan options will increase slightly based on medical inflation and utilization over the last year. For all BCBSTX medical plan options, deductibles and out-of-pocket maximums will increase also.
Starting January 1, 2021, BMC will introduce Health Savings Account (HSA) matching. A key feature of this change impacts employees who earn more than $75,000 annually; you must contribute to your HSA to receive BMC matching contributions. Watch for details during annual enrollment.
Before enrollment opens, consider taking 30 minutes during annual enrollment to answer these questions:
- Are there any changes to my personal situation that might make another health insurance choice more valuable this year?
- What did I pay out-of-pocket this year that could be covered by an insurance option next year (e.g., dental or vision insurance)? Could I pay with before-tax dollars through the FSA or HSA? What new expenses am I anticipating for next year that might change my current elections?
- What changes can I make to my budget to allow me to increase my HSA or FSA savings?