Reviewing your December 2024 check stub is vital! Please make sure your January 2025 State Health Plan insurance deductions are correct. Also, don’t forget about your 2024 Flexible Spending Account deadlines.
State Health Plan
Any benefit election you made during Open Enrollment for the State Health Plan takes effect on January 1, 2025. Remember to review your most recent paycheck to ensure that the plan you elected is reflected with the corresponding deductions. Deductions for health care are withheld one month in advance of the coverage effective date, so deductions change in December to pay for January coverage).
Reminder: The plan administrator for the State Health Plan is transitioning to Aetna on January 1, 2025. Watch for your new Aetna ID card and begin using it on Jan. 1, 2025, for all medical and pharmacy services. In addition, be sure to contact the phone numbers/websites listed on your new ID card if you have questions or need to file a claim in the new year. Note: Your 2024 ID card will no longer work after Jan. 1, 2025.
Flexible Spending Accounts
Health Care Flexible Spending Account (FSA): If you were enrolled in the Health Care FSA for 2024, eligible health care expenses must have been incurred by Dec. 314. You have until March 31, 2025, to submit 2024 claims for reimbursement. You can roll over up to $610 of your unused account balance into 2025, as long as you have a minimum balance of at least $25. Any funds exceeding this amount will be forfeited. The rollover will not count toward the 2025 maximum election amount (currently $3,200 for 2025). This rollover feature only applies to the Health Care FSA.
Dependent Day Care Flexible Spending Account (FSA): If you were enrolled in the Dependent Day Care FSA for 2024, eligible dependent day care expenses must be incurred by March 15, 2025, provided you remain actively employed through Dec. 31, 2024. You have until March 31, 2025, to submit 2024 claims for reimbursement. Any unused funds will be forfeited.