Get Ahead of the Game: Discover the New 2022 Benefit Information for North Carolina Residents
If you are a resident of North Carolina and are looking for ways to get ahead in understanding the benefits for 2022, you have come to the right place. In this article, we will discuss the latest updates relating to health and retirement benefits.
What’s New in Health Benefits in North Carolina for 2022
Healthcare benefits are an essential aspect that every employee looks for when it comes to their job. Here are some updates on the 2022 healthcare benefits in North Carolina:
New Healthcare Providers Added to the North Carolina State Health Plan
Starting from 2022, North Carolina State Health Plan will include UnitedHealth Group as one of the primary providers for state employees. The state health plan also includes the Blue Cross Blue Shield network, which covers several healthcare facilities.
Health Insurance Cost Changes
The cost for the 80/20 plan has been lowered, making it a more affordable option for employees. The rates for the Consumer-Directed Health Plan (CDHP) have also been modified, which has resulted in an increase in its popularity.
Retirement Benefits in North Carolina for 2022
Retirement benefits are equally vital, and here are some updates to North Carolina’s retirement benefits:
Increase in Contribution Limits
Starting in 2022, the contribution limits for 401(k), 403(b), and 457 plans in North Carolina will increase. This means that employees can set aside more money for their retirement nest egg.
New Roth Option
In 2022, employees will also have the option to contribute to the state’s Retirement System in the form of a Roth retirement plan. This plan is an excellent opportunity for employees to contribute to their retirement fund with after-tax income.
Key Takeaways
North Carolina residents have a lot to look forward to with the updated healthcare and retirement benefits for 2022. The new healthcare providers and cost changes have made healthcare more accessible and affordable. The contribution limit increase and the new Roth retirement option are also excellent opportunities for employees looking to save for their retirement years.
In conclusion, it is essential for everyone to stay updated on the benefits they are entitled to. Being aware of the changes and opportunities will help you make better decisions regarding your health and retirement. So, keep an eye out for these changes and make the most of the benefits offered for 2022!
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