Important Updates on MTU's Health Care Plans and Open Enrollment
As the Michigan Tech community prepares for the upcoming 2025 Benefits Open Enrollment period, I want to take a moment to share some important updates. Open Enrollment will begin Monday, Nov. 11, and run through Nov. 25.
Open Enrollment is an opportunity for you to review your current benefit elections and ensure they meet your needs for the upcoming year. This year, all benefits eligible employees must participate in Open Enrollment, regardless of whether or not you intend to make any changes to your current benefits elections.
Over the last four years, the University has absorbed a net increase of $8.9 million, or 45.1%, in health care costs. Over the next two years, we are projecting an additional 23.4% increase in health care costs. Taking this into account, the University has made changes to next year’s benefit packages. For example, those employees participating in the HDHP1 plan can expect their monthly premium for an employee plus family to increase by $12 in addition to a few other changes to the out-of-pocket maximum and the coinsurance percentage.
We encourage all benefits eligible employees to take the time to review the changes to next year’s benefits package and to consider attending one of our informational sessions for detailed guidance. The dates for these sessions are provided below.
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Wednesday, Nov. 6, from 10-11 a.m. in MUB Ballroom A*
Join the Nov. 6 info session on Zoom -
Thursday, Nov. 14, from 1-2 p.m. in MUB Ballroom A
Join the Nov. 14 info session on Zoom -
Tuesday, Nov. 19, from 5-6 p.m. in MUB Ballroom A
Join the Nov. 19 info session on Zoom
* The first informational session will be recorded and posted on the Open Enrollment website. Zoom access will be available for each session.
Please visit the Open Enrollment website for more information on the 2025 changes and to access resources that will help you navigate your options. Our Benefits Services team is available to assist with any questions or concerns you may have during this time. Please direct any questions to hr-help@mtu.edu or 906-487-2517.
This year, we will also introduce a new online platform for Open Enrollment called Employee Navigator, which is designed to make choosing and managing your benefits easier. Please visit the Open Enrollment website for more information.
Thank you for your attention to this important matter, and for your continued dedication to our Michigan Tech community.