Benefits Open Enrollment

All elections made during Open Enrollment are effective January 1, 2021.

New for 2021

Open Enrollment Period

This year the annual Open Enrollment will be October 12 through October 25, 2020.

How to Complete Your Enrollment

Open Enrollment must be completed online. Access the FBMC Enrollment site.

Need Assistance?

For your convenience, FBMC representatives are available Monday through Friday 8 am – 7 pm EST at 1-844-334-7848. You can also contact FSW Benefits at

2021 Benefits Offerings

Allstate Critical Illness Insurance (PDF)

With Allstate Critical Illness Insurance you will receive payment if you or your covered depednents experience events such as a heart attack, stroke, major organ transplant, cancer, or any other covered event. Please click the link above for plan details and pricing. Employees may choose to cover dependents under this policy.

Premiums deducations for this benefit may be paid on a pre-tax basis.

Allstate Accident Insurance (PDF)

Accident Insurance is a supplement to your health insurance in that it pays you directly for things like dislocations, fractures, hospital confinement, ambulance rides, burns, prosthetics, rehabilitation and much more. Please click the link above for plan details and pricing. Employees may choose to cover dependents under this policy.

Premiums deducations for this benefit may be paid on a pre-tax basis.

Flexible Spending & Dependent Care Accounts (PDF)

If you enroll in Blue Options 5190/5191 for your 2021 health insurance plan, you cannot enroll in a flexible spending account. You may still enroll in a dependent care account.

Flex Spending and Dependent Care accounts allow you to set aside a certain amount of each paycheck into an account on a pre-tax basis. The minimum annual election for the Flex Spending account is $250.00 while the maximum annual election amount for the Flex Spending account is $2,750.00. The maximum annual election for the Dependent Care account is $5,000.00.

There is no cost to participate in the FSA, however, employees who elect the Debit Card option will be charged an annual fee of $12.00.

Medical Reimbursement Account: MRA is an IRS approved plan that allows employees to set aside money on a pre-tax basis to pay for Medical Expenses. Some of the medical expenses that are eligible to be reimbursed include: deductibles, co-payments, prescriptions, mental health care, orthodontist, dental expenses, chiropractor services and vision expenses including eye exams, glasses and contacts.

By paying for your out of pocket medical expenses with pre-tax dollars, the average employee will save approximately 23% to 25%. Also, employees have access to the money they put in the FSA as of January 1, 2021. For example, if you elect to put $600.00 into the FSA, you have access to the $600.00 on January 1st, before any deductions are withheld.

Dependent Care Account: DCA allows you to pay for daycare expenses for eligible children and adults on a pre-tax basis. Qualified expenses include adult and child daycare centers, preschool and before/after school care. Employees who enroll in this plan are able to pay daycare expenses with pre-tax income resulting in savings of approximately 25% of the daycare costs.

If you have had a Flex Spending Account in the past click here to enroll.

If you have not had a Flex Spending Account in the past click here to sign up.

2021 Health Plans

More information about the new Blue Options 5190/5191

Level of Coverage Amount contributed in January, 2021
Employee Only $500.00
Employee + 1 Dependent $1,000.00
Employee + 2 or More Dependents $1,500.00
2021 Health Savings Account Contribution Limits
Level of Coverage 2021 Contribution Limit ***
Employee Only $3,600.00**
Employee + 1 or More Dependents $7,200.00**

**FSW's contributions in to an employee's Health Savings Account count toward the annual contribution limits

***Employees who will be 55 years old or older in 2021 may contribute an additional $1,000 per year toward their Health Savings Account

Dental/Vision Plan (D/V Plan)

The "D/V Plan" is only available to FSW employees who choose not to enroll in a FSW health insurance plan.

Dental/Vision Plan participants will have the Delta Dental PPO and VSP vision plans.

2021 Dental Plans

Delta Dental offers two dental plan options, an HMO and a PPO dental plan. 2020 Dental plan details can be found by clicking the following links.

Please note that no vision card is provided for this plan and that providers verify coverage through VSP customer service with your Social Security number.

2021 Supplemental Life Insurance Options

Employees who are currently enrolled in supplemental life insurance through FSW may increase their coverage amount without having to complete Evidence of Insurability during Open Enrollment as long as their total amount of coverage does not exceed $225,000. This is a voluntary, post-tax, employee paid benefit and the cost is $.277 per $1000 of coverage per month. Any new election, or increase in election amount will require employees to complete evidence of insurability (PDF). To enroll in this benefit or to change your coverage level, please visit the FBMC website.

Sick Leave Pool

Employee may choose to enroll in the sick leave pool via the FBMC enrollment site during Open Enrollment each year.

Please click here for more information on the sick leave pool (PDF)