BALANCING AFFORDABILITY, QUALITY, AND SUSTAINABILITY
Ivy Tech is committed to providing benefits that balance affordability, quality, and long-term sustainability to offer meaningful coverage for you and your family.
The College is self-insured, meaning when a health plan member receives medical care or fills a prescription, the College pays the plan’s share of those claims directly. The College will continue to cover the majority of healthcare premiums, contributing 88% of the total premium, well above the 80% national average. However, as the cost of healthcare rises, premiums must increase to keep pace. As a result, the College and employees will see increased costs. Premiums for all medical and dental plans will rise, and deductibles will increase for the consumer driven health plans.
Additionally, the College’s Health Savings Account (HSA) contribution will equal 30% of your deductible for the consumer driven health plans—half deposited at the beginning of the calendar year (January 9, 2026), and the remaining half distributed through bi-weekly payroll contributions.
Lastly, the preventive drug list will be updated to align with the Affordable Care Act-mandated preventive drugs. The revised list is available on the benefits website. Drugs removed from the list may still be covered but will be subject to deductible and coinsurance.
To offset costs, several enhancements are being made:
- Working Spouse Rule Removal: spouses employed elsewhere may now enroll without restrictions.
- Coinsurance: lower rates mean plans cover a larger share of eligible costs once the deductible is met.
- Rebate Sharing: manufacturer rebates will be applied at the time of purchase to lower your cost.
This summary chart has a side-by-side comparison of 2025 and 2026 premiums, HSA, and plans.
For questions, contact your local HR team or the Benefits Hub at statewide-benefitsleaves@ivytech.edu.
Welcome to Ivy Tech's Open Enrollment for the 2026 Benefit Plan Year!
Open enrollment is your opportunity to review your benefits, enroll or decline coverage, or make changes to your existing elections. You can add or remove benefits, dependents, amounts of insurance and more.
As a reminder, the plan year for our benefit programs is January 1—December 31 and aligns with the calendar year accumulation of deductibles and out-of-pocket maximums. Elections you make during this Open Enrollment period will stay in place through the end of the 2026 calendar year, unless you have a qualifying life event.
For more detailed information see the Open Enrollment Guide or click on the appropriate benefit below.