2017 Benefits Open Enrollment

October 17, 2016

It is time to start thinking about your 2017 choices for medical, dental, and other insurance benefits sponsored by MIT. You will make these choices during MIT?s Benefits Open Enrollment from Monday, October 24, 2016 through Friday, November 4, 2016 on Atlas. Please note that Atlas will not be open until Monday, October 24, 2016.

Highlights for the Coming Year

  • Medical Plan Premiums: While rising medical costs have continued to be a concern in Massachusetts and nationwide, MIT?s cost increases over the past few years have been moderate. As a result, employee premiums for the Traditional and Choice medical plans will increase by 2.5% on average.
  • Medical Plan Copayments: Copayments for a medical visit will remain the same: $10 if you have a primary care provider (PCP) at MIT Medical and $20 if you have a PCP within the HMO Blue New England network. Copayments for prescription drugs will also remain the same for the majority of medications.
  • Dental Plans: MIT will continue offering the Basic and Comprehensive dental plans in 2017. Monthly premium increases for 2017 will be $3 on average.
  • Flexible Spending Accounts (FSAs): If you want to have a Health Care or Dependent Care accounts, remember you have to re-enroll for 2017.

For complete details on benefit plans, rates and other changes for 2017, please visit the Benefits Open Enrollment website.

During Benefits Open Enrollment, we strongly recommend you review your beneficiary designations for life insurance, pension and 401(k) benefits.

A New MIT Benefit: MyLife Services

Also, we would like to remind you about MyLife Services, a free, confidential MIT benefit that can make life a little easier for you and your family.

MyLife Services can help with:

  • Financial planning, debt management, and legal questions
  • Sleep and nutrition consultations
  • Managing stress, anxiety, and other emotional challenges
  • Child or elder care
  • Whatever else is on your mind.

Just call 1-844-405-LIFE (5433) for immediate assistance.

Also Coming in 2017: A New ?Roth? Option for the 401(k) Plan

Your contributions to MIT?s 401(k) plan are now made on a pre-tax basis. This means they are tax-free now, but taxable upon distribution in retirement along with accumulated investment earnings. Beginning January 1, 2017, you will have the option to make 401(k) contributions on a post-tax basis, referred to as Roth contributions. If you contribute to the 401(k) Plan on a Roth basis, your current contributions will be taxable but, along with investment earnings, they will be tax-free when distributed to you in retirement under specified conditions. Some of you may find this new option beneficial. Watch for details later this year.

MIT Medical Services

You can choose a primary care provider (PCP) right here at MIT Medical, whether you are in the Traditional or Choice plan. Under the Choice plan, some family members can choose MIT Medical PCPs, while others can choose outside PCPs. Even if you do not have a PCP at MIT Medical, you and covered family members can use certain services at MIT Medical, including Urgent Care, the Eye Service for routine eye exams, and Radiology for easy access to procedures such as mammograms and bone-density testing. In addition, MIT Medical?s onsite laboratory makes it convenient to do your lab tests ordered by outside PCPs.


If you are a campus employee and have benefits questions, please contact the Benefits Office or call 617-253-6151; if you are an employee at Lincoln Laboratory, please contact the Benfits Office-Lincoln Lab or call 781-981-7055.