| Employee and Benefits News |
Employee Benefit Cost Share Effective July 1, 2026
Department / Organization: Human Resources This is a reminder that the new benefit cost share adjustments for full-time employees will take effect on July 1, 2026.
As discussed during our Town Hall in September 2024 and in follow-up communications, Mines will transition from fully funding health and dental premiums to implementing a co-share on these benefits for academic faculty and university staff. The rates effective July 1, 2026, may be found on the HR website linked below. Several points to note: 1. A no-cost, high-deductible plan option for individuals (employee only) is available. 2. Employee contributions for other healthcare plan options will be 10% or less of the healthcare premium in July 2026 (5% or 10%, depending on the plan option). 3. The employee percent of share of premiums contributed will remain unchanged for the calendar years 2027 and 2028. While the percent of premiums contributed by employees will remain unchanged, the employee amount paid may change effective with open enrollment for 2027. This is dependent on the final premium setting that occurs in September of each year. Go to this website for more information: https://hr.mines.edu/employee-total-rewards/benefits/faculty-staff-benefits/enrolling-in-benefits/eligibility-ae/academic-admin-faculty
For more information, send email to: benefits@mines.edu Published in Digest Date: Wednesday, April 22, 2026 |