Valued colleagues:
As we approach our annual Open Enrollment for health benefits, I want to share what we know about UC's medical plan costs for 2025 and update you on how we're preparing for 2026 and beyond. My goal is to provide information as early as possible so you can make informed decisions about your benefit plans.
The national trends that increased medical costs and medical plan premiums last year have continued. UC's medical plan costs will rise again this year due to increased health care utilization as our population ages and rates of chronic health conditions rise, enhanced benefits, and the rapidly expanding use of costly new drugs and treatments.
To limit the impact of rising costs on...
Open Enrollment is coming to an end! You have until 5 p.m. on Friday, Nov. 17, 2023, to enroll or make changes to your benefits — just select "faculty & staff" or "retirees" on the Open Enrollment website. Some medical plan premiums are going up much more than usual, so it's critically important that you consider your options this year.
Don't forget to enroll or re-enroll in a
As Open Enrollment begins, I have heard from many members of our community about how they will be impacted by increased medical premiums for UC plans next year. Nothing I can say will help you balance your monthly budget, but I feel I owe you an explanation of the steps we've taken to maintain quality, choice, affordability and equity.
As someone who takes UC's commitment to high-quality and affordable health benefits very seriously, the premium increases for 2024 are painful. Even with UC covering over 80% of the cost, next year's medical premiums will make a bigger dent in paychecks that need to cover many other critical expenses.
Since we learned that medical costs were increasing for...
Open Enrollment, your opportunity to enroll in the right benefits for you, started on Oct. 26 and extends through Nov. 17, 2023, at 5 p.m. Pacific Time.
Health care costs — and medical plan premiums — are increasing nationwide, including for UC. These increases make it more important than ever to consider your options this year.
“As someone who takes UC's commitment to high-quality and affordable health benefits very seriously, the premium increases for 2024 are painful,” said Cheryl Lloyd, vice president of Systemwide Human Resources. “UC contributed $93 million in additional subsidies to lower premiums for employees and retirees, but these increases will still make a bigger...
Medical costs are rising: Choose benefits that are right for you Oct. 26–Nov. 17
Open Enrollment for 2024 benefits begins on Thursday, Oct. 26, at 8 a.m., and ends on Friday, Nov. 17, at 5 p.m. With significant increases in medical plan costs — despite UC covering a larger share of premiums — it's more...
