Highlights
The College remains committed to providing high-quality, affordable, and sustainable coverage for retirees. The health plan is self-insured, which means when a health plan member receives medical care or fills a prescription, the College pays the plan’s share of those claims directly. As the cost of healthcare services continues to rise, premiums must also increase to keep pace, and health plan adjustments are necessary to ensure sustainability.
In addition to reviewing the summary of changes below, we encourage you to carefully review all materials to ensure your benefits continue to meet your needs for the upcoming year.
- Premiums: both participants and the College will pay an increased premium
- Deductibles and Out-of-Pockets: increases for the two high deductible health plans
- Coinsurance: coinsurance rates will decrease, meaning the plans will cover a larger share of eligible costs once the deductible is met
- Working Spouse Rule Removal: spouses employed elsewhere can now enroll in the College’s medical and dental coverage without restrictions
- Preventive Drug List: Preventive medications will still be covered at no cost to you, but the list is being updated to align with Affordable Care Act (ACA)-mandated drugs only.
- Rebate sharing: if your prescription is expected to earn a rebate from the manufacturer, that amount will now be applied when you fill your prescription to lower your cost
- HSA contributions: employer HSA contributions will no longer be made for retirees
- Post-65 Retiree Coverage: Effective January 1, 2026, the College will no longer offer retiree health- Anthem or dental - Delta Dental coverage once an employee reaches age 65. Dependents covered under a pre-65 retiree plan will lose eligibility when they reach age 65. This change reflects the significant improvements and expanded affordability of Medicare-based coverage, including enhanced prescription drug benefits introduced through the Inflation Reduction Act of 2022. If you or a dependent are nearing age 65, there are many resources to help you transition to Medicare-based coverage, including:
- Medicare.gov: detailed information to understand Medicare, shop for Medicare plans, and check drug costs and coverage
- 1-800-MEDICARE (1-800-663-4227): toll-free Medicare helpline
- Indiana State Health Insurance Program (SHIP): a free, one-on-one help to understand and select Medicare coverage, learn more at in.gov/ship
- Medicare Rights Center: non-profit organization offering free and unbiased Medicare education, counseling and advocacy, learn more at medicarerights.org
- AARP: offers Medicare Q&A, tools and guides, learn more at aarp.org/medicare
- For questions, contact 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 click on the appropriate benefit below.