(October 17, 2022) Take a few minutes to review and enroll in your 2023 benefits during Annual Enrollment now through November 4. Full details can be found in the Annual Benefits Enrollment Guide and on the enrollment website.
For 2023, the company is offering the same benefits as last year – without a cost increase to employees. This means there are no changes to employee premiums, deductibles, coinsurance, copays or out-of-pocket maximums for next year.
Absorbing these increases is one way the company is assisting employees given current economic conditions. It also helps the company remain attractive as an employer of choice.
Each year, the company spends approximately $150 million on health and welfare benefits for North America employees and their enrolled dependents. On average, the company spends about $15,000 per year for a family enrolled in the company’s benefits plans.
“Employee benefits is one of the foundational elements of our Total Rewards package and is an important way we attract, motivate and retain our great talent. It also provides access to tools and resources to support the well-being of our Freeport family,” said Pam Masson, Vice President and Chief Human Resources Officer in the Annual Enrollments Benefits Guide letter to employees.
Be Sure You Understand Your 2023 Benefits
- New Employee Assistance Provider – Beginning January 1, 2023, Freeport will partner with Spring Health, a new employee assistance program provider offering more options to access personalized care and wellness resources plus traditional EAP services.
- Mine Your Benefits Information Session – Talk to company benefits experts in a Mine Your Benefits session during Annual Enrollment, and learn about your medical and dental plan options, your vision plan and more. Sign up here for virtual sessions, and follow the directions as prompted. Spouses and family are welcome to attend.
- Your Current 2022 Elections and Costs – Review your current benefits and learn more about what you pay vs. what the company pays by going to the Benefits tab on the Total Rewards portal.
- Help Selecting Coverage – Visit ALEX, our online interactive decision tool for help understanding and selecting your benefits and spending account options. ALEX asks you a few questions, crunches a few numbers and explains your benefit options to help you decide what’s best for you and your family.
Questions?
For questions about your enrollment options or the enrollment process, contact the HR Service Center by email at HRSC@fmi.com or by phone at 1-888-855-HELP (4357) between 7 a.m. and 8 p.m. MST, Monday through Friday. If you need help accessing Total Rewards or need your network ID or password, call the MIS Helpdesk at 1-800-528-1182 ext. 67000.