Health Plan Waiver

The benefits detailed on this page are current for 2017.  For 2018 benefit options, please view the Open Enrollment website.

If you waive health insurance coverage, the university automatically contributes $175 per month in a Health Care Flexible Spending Account.  Eligible employees have the option to allocate funds in a Health Care or a Dependent Care account only.  Chard-Snyder is the plan administrator for this benefit

What to know:

  • To be eligible you must be a regular full-time (80% or above) employee.
  • Health Care Flexible Spending Account funds may be utilized for employees and their dependents for medical, dental, vision, and pharmacy expenses.
  • For a Dependent Care Account you must elect Dependent Care coverage.  Otherwise, funds will automatically default to the Health Care Flexible Spending Account.
  • Dependent Care Account funds can be used toward child care expenses for dependents under the age of 13 or elder care for an eligible adult.
  • Health Care and Dependent Care spending accounts must be maintained separately. These funds cannot be transferred from one account to the other.

For additional questions, call 1-800-982-7715 or visit ww.chard-snyder.com.