Employees who wish to make changes to their current benefits plan can do so during open enrollment Oct. 24-Nov. 14.
With the cost of health insurance on to rise, the initial insurance plan proposed to NAU called for a 13.5 percent premium increase. Thanks to some tremendous efforts by the Benefits Committee, NAU was able to cut that number by more than half. NAU’s Blue Cross Blue Shield insurance plan will increase by a total of six percent next year and will include some plan changes relating to deductibles and copays in order to control costs. This remains lower than industry trends of seven to eight percent increases per year.
NAU is dedicating resources to cover a majority of the premium increase cost, however, employees will still experience a slight increase in premiums. More information about the new premium amounts and plan design changes is available on the Human Resources website.
Employees who participated in NAU’s BCBSAZ Wellness Incentive plan are eligible to earn points for rewards and receive up to a $10 credit each pay period for completing the BluePrint Health Assessment.
The current benefits plan will be in place through Dec. 31, as the new plan goes into effect on Jan. 1.