For 2024, annual contribution limits set by the IRS will increase as follows:
| MSCI will contribute | You may contribute | For a total of | |
|---|---|---|---|
| Individual coverage | $600 | Up to $3,550 ($300 increase) |
$4,150 |
| Coverage that includes dependents | $1,200 | Up to $7,100 ($550 increase) |
$8,300 |
You may contribute up to an additional $1,000 if you will be age 55 or older in 2024. You are only eligible for the MSCI HSA contribution if you enroll in the MSCI Saver PPO plan.
MSCI is pleased to maintain our commitment to providing high quality and affordable healthcare coverage to you and your family. 2023 has been a challenging year with rising healthcare costs, labor shortages in the healthcare sector, the growing popularity of expensive new drugs and overall inflation across the economy.
For 2024, you'll see:
- No changes to our medical plan options, health care vendors, and plan design.
- Although you will see an increase in your 2024 per paycheck contributions, MSCI continues to fund approximately 85% of the healthcare premium which is significantly above national averages. As a reminder, 2023 rates were held flat at 2022 levels.
- No changes to your monthly Delta Dental and EyeMed contributions.
- Increased HSA contribution limits based on IRS regulations.
We take pride in providing benefits that empower you to Be Well and Stay Well in all aspects of your life. Open Enrollment is a perfect time to reevaluate your coverage options and ensure you and your family are covered physically, emotionally, and financially.
What's Next?
- Click the "2024 Employee Rates" link in the right navigation.
- To find out how to enroll, click on the "Next" button below.