- Published on Monday, January 11, 2010 23:00
You may choose between Blue Cross Blue Shield Community Blue (0002) or the BCBS Community Blue High Deductible (0003). The College pays the single subscriber premium for the 0002 plan. The 0002 plan has a $500/single, $1000/family, annual deductible with a 80%-20% co-insurance split of the approved amount for in-network providers. The 0003 plan has a $1500/single, $3000/family annual deductible with an 80%-20% co-insurance split of the approved amount for in-network providers. The College will contribute up to 50% of the dependent premium and you pay the remainder to insure any dependents. Our plan is a grandfathered plan under the Affordable Care Act.
The dental plan is with BCBS has a $100 deductible and 90%-10% co-insurance on basic services and 50%-50% on other services. $1000 maximum benefit per year for each participant.
The above medical plan includes prescription drug coverage. The 0002 plan has $10/$20/$40 co-pays per generic/formulary brand name/non-formulary brand name prescription. The 0003 plan has $10/$40 co-pays per generic/brand name prescription. A mail order program is also available.
This is a voluntary, 100% employee paid vision care program. Covers one complete eye exam in any 12 consecutive month period with a $10 copay (VSP network doctor). Prescription glasses (lenses and/or frames) a combined $25 copay. Medically necessary contact lenses $25 copay.
The Short Term Disability (STD) plan is self-insured. You are covered in a step plan, depending upon your length of service with the College. STD is payable for up to six months. Long Term Disability (LTD) picks up after STD ends, if you are still disabled. With terms and conditions met, LTD pays 60% of your salary. One year waiting period to participate.
Two times your annual salary, at no cost to you unless the volume exceeds $50,000, then the IRS will tax you on the excess premiums. You may cap your benefit at $50,000, if applicable. Accidental Death & Dismemberment doubles the life insurance benefit to your beneficiary if you die by accident.
In addition to providing life insurance the College will continue salary payments to the spouse of a deceased faculty member or administrative employee for a period of three months following the month of death and pay the premium for medical insurance coverage for covered dependents of a deceased faculty member or administrative employee for a limited period of time.
The College offers a 403(b) Retirement Annunity (RA) plan administered by Teacher’s Insurance and Annuity Association/College Retirement Equities Fund (TIAA/CREF). There is a two year wait for participation unless you qualify for a wait period waiver. When enrolled in the plan, you will contribute 6% of your salary (mandatory) with the College contributing 6.3% on the first $15,700 of your salary and 12% thereafter. Includes waiver of premium if you are totally disabled. The College also offers a Supplemental Retirement Annuity (SRA) plan also administered by TIAA/CREF.
You may elect salary reduction (pre-tax) for non-insured medical expenses and/or dependent care expense.
This superb benefit is available, under certain guidelines, for employees and qualified dependents. See details in the Employee Services Manual.
The College contracts with Behavioral Health Resources (BHR) for confidential assistance with everyday issues: marital, family, grief counseling, physical health, emotional health, elder care, substance abuse, financial counseling, job stress.
Supplemental Income Insurance - Aflac:
There are two products offered – an Accident/Injury plan and a Critical Illness plan. The AFLAC products do not replace any existing benefit. It is an additional voluntary benefit offered at a group rate which is paid 100% by the employee.
Holidays and Vacations:
The College recognizes most major holidays and provides paid vacation to all full-time salaried staff.
For more information, please call Human Resources at 517-629-0205.