What benefits are offered?

HEALTH INSURANCE

We are excited to share that we will continue to offer coverage through Anthem Local Choice.  There are minimal plan changes for the 2025-2026 plan year.

• Key Advantage 250 

• Key Advantage 500

• High Deductible Health Plan

• Health Savings Account (paired with High Deductible Health Plan only)

VOLUNTARY BENEFITS

We will continue to offer a robust suite of voluntary benefits. These benefits provide employees with additional protection against out-of-pocket expenses related to certain conditions/incidents. 

• Cancer Insurance

• Accident Insurance (Off-the-Job)

• Critical Illness Insurance

• Hospital Indemnity

• Whole Life Insurance

• Short Term Disability Insurance  (Please note that employees enrolled in the VRS Hybrid Retirement Plan are not eligible for this benefit.)

FLEXIBLE SPENDING ACCOUNTS

Medical and dependent care flexible spending accounts will continue to be administered through Chard Snyder.  The 2025 contribution limits are $3,300 (medical) and $5,000 per household or $2,500 per year if married filing separately (dependent care).  Employees are required to enroll in this benefit each year.  Per the Internal Revenue Service (IRS), employees enrolled in the HDHP plan may NOT enroll in a medical flexible spending account.

RETIREMENT

Open enrollment is also a great time to think about saving extra money for retirement by contributing to a 403(b) or 457(b) account. These accounts are meant to supplement (not replace) employees’ Virginia Retirement System (VRS) savings; however, VRS Hybrid plan members/employees should ensure they are maximizing their voluntary contributions to the defined contribution component of their plan prior to making contributions to a 403(b) or 457(b) account.