2024 Benefits open enrollment (closed)
November 1–15, 2023
Open enrollment is your annual opportunity to review your medical, dental, and flexible spending account benefits and make new choices for the upcoming benefits year which starts on January 1, 2024. You may choose to change from one medical or dental plan to another, add or remove dependents, or enroll in a flexible spending account.
This year, we will have some co-pay changes and our plans will see a modest cost increase.
- 2024 Reed Faculty and Staff Benefits Guide
- What action do I need to take during open enrollment?
- Additional Kaiser resources
- What is the cost out of my paycheck?
- How do I compare medical and dental plans?
- What if I want to waive coverage this year?
- How do I sign up for a flexible spending account?
- Information on the new Roth retirement plan option
- How can I get help with my benefits?
- What if I want to change my 403(b) retirement contribution?
- Annual disclosures and notices
What action do I need to take during open enrollment?
Action is required during open enrollment to:
- Enroll/re-enroll in a health care or child care flexible spending account (FSA)
- Switch between our medical and/or dental plans
- Add or drop coverage for yourself and/or your dependents
- Waive medical coverage for the upcoming year (even if you have waived in previous years)
If you will be making any of these changes, complete this benefits enrollment form before 5 pm on November 15. Be sure to click the submit button once you make changes. Once finished, you will receive a confirmation email that your form has been received.
Kaiser has a dedicated concierge team to answer your questions and to help you with your Kaiser Added Choice plan:
503-813-1299 or 503-813-3613
kpconcierge-nw@kp.org
Additional Kaiser resources
Kaiser mental health and wellness resources
Kaiser self care: Calm and MyStrength
Medical and dental plan cost
Reed will continue to pay 100% of the cost of an employee's own Kaiser insurance and 60% of the cost of dependents. Kaiser Added Choice is a "buy-up" option, so Reed will contribute the same amount towards this plan and you will pay the difference. Your contributions are made pre-tax (note: domestic partner coverage is taxed).
Medical cost per pay period (2x per month) |
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| Plan | Coverage | Reed contribution per pay period (2x per month) | Cost to employee per pay period |
| Kaiser** | Individual | $385.66 | $0 |
| You plus child(ren) | $570.77 | $123.41 | |
| You plus spouse/partner | $617.05 | $154.26 | |
| Family | $848.44 | $308.53 | |
| Kaiser Added Choice | Individual | $385.66 | $95.01 |
| You plus child(ren) | $570.77 | $294.42 | |
| You plus spouse/partner | $617.05 | $344.27 | |
| Family | $848.44 | $593.54 | |
Dental cost per pay period |
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| Plan | Coverage | Reed contribution per pay period | Cost to employee per pay period |
| Willamette Dental | Individual | $23.13 | $0 |
| You plus child(ren) | $37.71 | $9.72 | |
| You plus spouse/partner | $37.03 | $9.27 | |
| Family | $57.57 | $22.96 | |
| Kaiser | Individual | $23.13 | $9.30 |
| You plus child(ren) | $37.71 | $20.67 | |
| You plus spouse/partner | $37.03 | $27.83 | |
| Family | $57.57 | $39.72 | |
| Metlife | Individual | $23.13 | $10.18 |
| You plus child(ren) | $37.71 | $38.34 | |
| You plus spouse/partner | $37.03 | $30.77 | |
| Family | $57.57 | $37.21 | |
**Reeds contribution to medical coverage for family HMO coverage this year will not exceed 9.5% of your full-time pay. Therefore, the cost of medical coverage is reduced on a sliding scale for those who qualify. Qualification is re-evaluated every year as of the first paycheck in January.
2024 medical and dental plan comparisons
Reed College Medical Plan Comparison |
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| Services | Kaiser HMO/ Kaiser Provider Network HMO/ Specialist referral required |
Kaiser Added Choice | ||
| Network | In-network only | Tier 1 (Kaiser service) | Tier 2 (Approved First Choice Health network service) | Tier 3 (out of network) |
| Annual out of pocket limit | $1,500/ member $3,000/ family |
$2,250/ member $4,500/ family |
$3,000/ member $9,000/ family |
$6,000/ member $18,000/ family |
| Annual deductible | $0 | $750/ member $2,250/ family |
$1,000/ member $3,000/ family |
$3,000/ member $9,000/ family |
| Preventive care | 100% covered/ no co-pay |
100% covered | 100% covered | 40% cost share after deductible |
| Primary care/ Naturopathy office visit | First 3 visits: $5*, then $25 | First 3: $5* then $25 | First 3: $5* then $30 |
60% after deductible |
| Specialist office visit | First 3 visits: $5*, then $25 | $35 | $50 | 60% after decuctible |
| Lab & x-ray | $15 | $15 | 80% | 40% cost share after deductible |
| Comple imaging (MRI, CAT, PET) | $50 | $100 | 80% | 60% after deductible |
| Inpatient surgery | subject to deductible | subject to deductible | subject to deductible | |
| Outpatient surgery | $25 per visit | 20% cost share after deductible | 20% cost share after deductible | 40% cost share after deductible |
| Urgent care | $25 | $35 | $50 | 40% cost share after deductible |
| Emergency room | $250 | $250 | $250 | |
| Ambulance services | $75 | 20% cost share after deductible | 20% cost share after deductible | 20% cost share after deductible |
| Alternative care (chiropractic, acupuncture, massage, naturopath) | $25 for massage, accupuncutre, chiropractic. $20 for naturopathic using network providers | $25 for massage, accupuncture, chiropractic. $15 for naturopathic using network providers | $25 for massge, accupuncture, chiropractic. $25 naturopathic using network providers | 40% cost share |
| Osteopathic spinal manipulations | Covered with $20 co-pay if done by a DO (doctor of osteopathy) at Kaiser | $20 using network providers | $20 using network providers | $20 using network providers |
| Rx | $20 generic/ $40 preferred brand/ $60 non-preferred brand |
$20 generic/ $40 preferred brand/ $60 non-preferred brand |
At MedImpact Pharmacy: $30 generic/ $60 preferred brand/ $80 non-preferred brand |
At MedImpact Pharmacy: $20 generic/ $40 preferred brand/ $60 non-preferred brand |
| Rx mail order | generic: up to 90 day supply for $40 preferred brand:$80 up to 90 day supply for $120 |
$30 generic/ $60 preferred brand/ $100 non-preferred brand (up to 90 day supply) |
At MedImpact Pharmacy: $60 generic/ $120 preferred brand/ $180 non-preferred brand (up to 90 day supply) |
At MedImpact Pharmacy: $60 generic/ $120 preferred brand/ $180 non-preferred brand (up to 90 day supply) |
| Vision | $25 co-pay for eye exams plus $150 hardware allowance per 24 months | $25 co-pay for eye exam. Hardware not covered | $30 co-pay for eye exam. Hardware not covered | 40% cost share after deductible |
| Annual limit of what the plan pays | No limit | No limit | No limit | No limit |
Reed College Dental Plan Comparison |
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| Services | Willamette Dental | Kaiser | Metlife |
| Deductible | $0 | $50 | $50 individual/ $150 family per calendar year |
| Office visit co-pay | $10 ($30 for specialty visits) | $0 | $0 |
| Preventive services (including exams, x-rays and cleanings) | No additional charge | No additional charge | No additional charge |
| Fillings | No additional charge | No additional charge | 20% cost share |
| Crowns | No additional charge for stainless steel crowns, $50 charge for porcelain-metal crowns | No additional charge for plastic and steel crowns. 20% cost share for gold or porcelain crowns | 40% cost share |
| Bridges | $50 per tooth | 20% cost share | 40% cost share |
| Routine extraction | No additional charge | No additional charge | 20% cost share |
| Oral surgery | $50 | 20% co-insurance | 20% cost share |
| Implants | Implant covered up to $1,500 per calendar year (approval by WD required) | not covered | not covered |
| Orthodontia | $1,200 for comprehensive service | 50% cost share lifetime benefits maximum of $1,500 | 50% cost share with a $1,500 lifetime maximum benefit |
| Dentures | $100 complete upper or lower dentures | 20% cost share | 50% cost share |
| Annual maximum benefit | No maximum | $1,500 | $2,000 |
| Is there a network of providers? | Yes, participants must go to a Willamette Dental office | Yes, participants must go to a Kaiser Dental office | No |
| The plan year runs from January 1, 2024 to December 31, 2024. These charts provide a brief comparison of some plan benefits and is not a comprehensive explanation of all benefits under these plans. Please refer to the plan documents section of this website for detailed plan information. To request a paper copy, contact HR at hr@reed.edu. | |||
What if I want to waive coverage this year?
If you are eligible for Reed medical or dental insurance but are covered under a spouse or partner's policy, you may waive Reed's insurance. To waive insurance for the upcoming year, you will need to indicate this on the benefits open enrollment form.
Flexible Spending Accounts
Reed offers two types of flexible spending accounts, both of which enable you to set aside pre-tax dollars, decreasing your tax bill by decreasing your taxable income. Remember that you must re-enroll in FSA each year. The current FSA Healthcare plan limit are $3,050 and Dependent Care limit is $5,000. To re-enroll, complete the benefits open enrollment form to choose your contribution amounts for the 2024 plan year.
Do you have a current FSA account? Check your balance and manage your account by logging in to Allegiance here.
Do you have the Allegiance FSA app on your mobile device? If not, click here to learn more about this tool and how you can upload receipts and request reimbursement instantly.
New Roth retirement savings option will be available as of January 2024
Starting in January you will have the option to set up a Roth (after-tax) account within your TIAA retirement portfolio. You will be able to make after-tax paycheck conributions to this account on a flat-dollar or percentage basis. Like your already existing employee conribution, you will make manage your contributions by logging in to your TIAA online account.
In addition to reviewing this flyer on Roth contributions, consider attending one of our in person Roth presentations. RSVP here
- November 13, 10am-10:45am Eliot 207
- November 13, 12pm-12:45pm Eliot 314
What if I want to change my 403(b) retirement contribution?
You are able to enroll in or make changes to your TIAA retirement plan contributions at any time.
If you wish to change the amount you contribute to your retirement account, log in to your TIAA account and click on Manage Contributions on the top of your home screen.
Benefits Open Enrollment Events?
Overview of Kaiser HMO & Kaiser Added Choice plan coverage and cost details presented by Kaiser. RSVP here
- November 6, 12pm-1pm GCC-CD
November 7, 12pm-1pm Eliot 314
If you need help and are unable to make one of the above sessions, please submit a ticket to AskHR or stop by the HR office in Eliot Hall 305
How do I access my benefits statement?
View your current benefits elections, including a list of your covered dependents by logging into Employee Self Service.
Plan documents
Kasier HMO summary of benefits
Kaiser HMO summary of benefits and coverage (SBC)
Kaiser Added Choice summary of benefits and coverage (SBC)
Kaiser Added Choce summary of benefits
Willamette Dental summary of benefits
Kaiser dental summary of benefits
Metlife dental summary of benefits
Annual disclosures and notices
Every year we are required to provide benefits eligible faculty and staff with disclosure notices pertaining to health care coverage. Please take time to review these by clicking here.
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