SUMMARY. USG Perks Flexible Spending Retirement Social Security Vacation and Sick Leave Worker s Compensation

71 

Loading....

Loading....

Loading....

Loading....

Loading....

Full text

(1)
(2)

SUMMARY

• Life Insurance

• Enrollment within 30 days

• Health Insurance

• Critical Illness Plan

• Vision Plan

• Dental Plan

• Short-term Disability

• Long-term Disability

• Auto and Homeowners

Insurance

• Lifestyle Benefits

• USG Perks

• Flexible Spending

• Retirement

• Social Security

• Vacation and Sick Leave

• Worker’s Compensation

(3)

Minnesota Life - Basic Life

• Employer paid $25,000 Basic Life and $25,000 AD&D • Optional Life Insurance – 1x to 8x your salary

• Guaranteed issue for new hires:

– 3x salary up to $500,000. Amounts over $500,000 require EOI

(4)

Supplemental Life – Minnesota Life

Actives

• 1x to 8x salary options up to $2.5M maximum (round salary up first and then multiply)

• No age reductions or loss of AD&D coverage for active employees

• Premium is based on age • Bonus benefits include:

– Beneficiary financial counseling – Legacy planning services

– Legal Services – Travel assistance

• Includes waiver of premium and accelerated death benefit • Includes Conversion and Portability Options (up to age 69)

(5)

EOI Process - Life

• Employee elects coverage which requires EOI • File sent from ADP to Minnesota Life

• Employee completes on-line EOI questionnaire through Minnesota website for amounts over the guaranteed issue.

• Enrollment is immediately approved or pended for more information; Minnesota Life will reach out to employee for health exam

(6)

6

• Stand alone plan in addition to AD&D included with Basic and Supplemental Life

• Elect $10,000 to $500,000 in $10,000 increments • Employee only or Family coverage

• Family coverage options Percentage of employee’s principal sum

– Spouse (with children) 40% – Spouse (with no children) 50% – Each child (with spouse) 10% – Each child (with no spouse) 15%

– Maximum coverage spouse $250,000; child $50,000 • No EOI required

(7)

Spouse Life / Child Life

• Spouse Life

– Coverage options are $10,000 to $500,000 – New hire Guarantee Issue: $50,000

– Rate calculates off of spouses age • Child Life

– Coverage options are $5,000, $10,000 or $15,000 – EOI is not required

(8)

HEALTH INSURANCE

• Coverage is effective the 1st of the month AFTER you enroll in

ADP

• Must provide documentation of eligibility for any dependents you wish to cover (i.e., birth certificate, marriage certificate, etc.)

• Must make a selection within 30 days of start date or must wait until Open Enrollment the following Fall.

(9)

HEALTH INSURANCE

• Consumer Choice HSA (High Deductible Health Plan) • Comprehensive Care

• Blue Choice HMO

• Kaiser Permanente HMO

Coverage Tier Blue Cross Blue Shield of Georgia Kaiser

PPO

(Open Access POS)

HDHP

(Consumer Choice HSA)

HMO (Blue Choice) HMO Employee $170.00 $62.00 $176.00 $143.06 Employee + Child $305.00 $110.00 $315.00 $257.02 Employee + Spouse $356.00 $128.00 $368.00 $300.00 Family $492.00 $176.00 $508.00 $414.00

(10)

Tobacco Surcharge - 2014

• $75 per month tobacco per tobacco user surcharge will

apply to spouses and dependent children 18+ enrolled in the healthcare plan

• If an employee does not certify, the tobacco use status will default to tobacco user and $75 per month will be added to their healthcare premium

• Great time to quit using tobacco products!

(11)

HIGH DEDUCTIBLE HEALTH PLAN

• In-network: deductible $1,500 individual / $3,000 family

• Out-of-network: deductible $3,000 individual / $6,000 family • Plan pays 80/20 once deductible is met (In-network)

• Plan pays 60/40 once deductible is met (Out-of-network) • Out of pocket maximums

– In-network $3,500 individual / $7,000 family

– Out-of-network $7000 individual / $14,000 family

• NO SEPARATE PHARMACY BENEFIT – prescriptions are subject to deductible

• Blue Open Access POS network in Georgia • BlueCard National Network outside of Georgia

NOTE: LabCorp is the only in-network lab (Quest Diagnostics is out-of-network)

(12)

HIGH DEDUCTIBLE HEALTH PLAN

Wellness Benefit

• Routine preventative care covered at 100% with no deductible • Well baby care

• Immunization

• Routine physicals

• Routine hearing & eye exams • Mammograms

• Prostate exams

(13)

CVS/Caremark

Pharmacy Plan

• Co-pay is 20% of drug cost for Generic, Preferred Brand, or Non Preferred Brand after deductible.

(14)

HEALTH SAVINGS ACCOUNT

• Must be enrolled in HDHP in order to utilize HSA

• Contribute pre-tax dollars to account to pay for out of pocket medical expenses, such as deductibles, prescriptions and durable medical equipment

• HSA employer contribution match – Individual - $375

– Family - $750

• Maximum annual contribution (including employer match) – Individual - $3,350

– Family - $6,650

(15)

BCBS CONSUMER CHOICE

Other Information

• Out-of-network coverage is 60%

• Must meet separate deductibles and out-of-pocket maximums • Disease State Management (DSM) Training & Education

Services

(16)

BCBS COMPREHENSIVE CARE

• Set co-pay for In-network Physicians • Deductible

– In-network $500 individual / $1500 family per year

– Out-of-network $1,500 individual / $4,500 family per year • Out of pocket maximums

– In-network $1,250 individual / $2,500 family

(17)

BCBS COMPREHENSIVE CARE

Wellness Benefit

• Routine Preventative Care covered up to 100% • No deductible

• Well baby care • Immunization

• Routine physicals

• Routine eye and hearing exams • Prostate exams

(18)

BCBS COMPREHENSIVE CARE

Physician Services

• $20 copayment for office visits with primary care physician • $30 copayment for office visits with specialist

• Not subject to deductible – Except for Lab tests

NOTE: LabCorp is the only in-network lab (Quest Diagnostics is out-of-network)

(19)

BCBS COMPREHENSIVE CARE

Hospital Services / Urgent Care

• Inpatient 10%

• Outpatient 10%

• Emergency $150 copayment +

10% of balance

(20)

BCBS COMPREHENSIVE CARE

Other Information

• Out-of-network coverage is 60%

• Must meet separate deductibles and out-of-pocket maximums • Disease State Management (DSM) Training & Education

Services

(21)

CVS/Caremark

Pharmacy Plan

• Copayment plan

• Not subject to deductible • Mail order option available

(22)

CVS/Caremark

Copayments – Retail; 30-day supply

• Generic $10 for 30 day supply

• Preferred Brand $35

• Non-preferred Brand 20% of drug cost; $45 minimum / $125 maximum

(23)

CVS/Caremark

Copayments – Mail Order; 90-day supply

• Generic $25 for 90 day supply

• Preferred Brand $87.50

• Non-preferred Brand 20% of drug cost; $112.50 minimum / $250 maximum

(24)

Castlight

Health Plan Comparison Tool

• Shop for care, track medical spend, and understand your health plan.

• Easily compare healthcare providers and services by quality, convenience, and cost.

• Available to BCBSGa Consumer Choice HDHP and Comprehensive Care plans only

(25)

BCBS BlueChoice HMO

Co-pays scale for BlueChoice HMO

CO-PAYS OFFICE VISIT $30 SPECIALIST VISIT $50 HOSP INPATIENT $500 OUTPATIENT SVS $200 ER CO-PAY $250

(26)

CVS/Caremark

Pharmacy Plan

• Copayment plan for BCBS Comprehensive Plan and BlueChoice HMO Plan

• Not subject to deductible • Mail order option available

(27)

CVS/Caremark

Copayments – Retail; 30-day supply

• Generic $10 for 30 day supply

• Preferred Brand $35

• Non-preferred Brand 20% of drug cost; $45 minimum / $125 maximum

(28)

CVS/Caremark

Copayments – Mail Order; 90-day supply

• Generic $25 for 90 day supply

• Preferred Brand $87.50

• Non-preferred Brand 20% of drug cost; $112.50 minimum / $250 maximum

(29)

Kaiser HMO

Office visit is with primary care doctor or pediatrician.Visits with all other doctors are specialty visits.

CO-PAYS OFFICE VISIT $20 SPECIALIST VISIT $25 HOSP INPATIENT $250 OUTPATIENT SVS - KAISER $50 OUTPATIENT SVS - HOSPITAL $100 ER CO-PAY $250

(30)

Kaiser HMO

Pharmacy

Kaiser Facility Network Pharmacy Generic $10 $20 Brand Name $35 $45

(31)

PEACHCARE FOR KIDS

• Dependent children may qualify if the employee meets certain guidelines. Employee must apply and be approved for

(32)

Wellness

• Year one, focus on employee health status awareness and healthy behaviors

– Employees who complete a biometric screening, health risk assessment and identify a primary care physician in 2015 will receive discount in 2016.

– Tobacco Cessation Programs

• Must complete activities in the first 6 months to be eligible for discount

• Wellness Vendor will help with administration of screenings and health risk assessment

(33)

CRITICAL ILLNESS PLAN (Unum)

• Benefits can be used to cover expenses such as deductibles not

covered by your health plan if diagnosed with a covered critical illness • Covered conditions: cancer, carcinoma in situ, heart attack, coronary

artery bypass surgery, stroke, kidney failure, major organ failure,

permanent paralysis as a result of a covered accident, coma as result of traumatic brain injury, blindness, benign brain tumor, occupational HIV

• Additional covered conditions for children: cerebral palsy, cleft lip or palate, cystic fibrosis, down syndrome, spina bifida

• Benefit amount either $5,000 or $10,000

• Spouse or Domestic Partner may elect either $5,000 or $10,000

• Dependent child is covered at 25% of the Employee’s elected benefit amount

• Premium rates are locked in at the age of issue

• Completion of medical questionnaire is required for all coverage amounts

(34)

Vision – EyeMed

In-Network Out-of-Network

reimbursement

Exam Benefits $10.00 $40

Exam Frequency 1 per 12 months

Single Vision Lens $25.00 $40

Lens Frequency 1 per 12 months

Frames Benefit $150 $58

Frames Frequency 1 per 12 months

Contact Lenses $150 $130

Medically necessary contact lenses

Paid in full $210

Coverage Tier Monthly Premium

Employee $6.38

Employee + Spouse $14.38 Employee & Child(ren) $12.14

(35)

Dental – Delta Dental

*Preventive services don’t count toward the deductible **Benefit limits on replacement dentures or crowns apply

Coverage Tier Base Plan High Plan

Employee $27.74 $34.27

Employee + Spouse $55.46 $68.51 Employee & Child(ren) $52.66 $65.09

Family $88.72 $109.64

Delta Dental Base Plan Delta Dental High Plan

In-network Out-of-network In-network Out-of-network Annual Maximim $1,000* $1,500*

Lifetime orthodontic maximum (child & adult)

No coverage $1,000

Deductibe (Single/Family) $50/$150 $50/$150 $50/$150 $50/$150 Diagnostic/Preventative services* 100% 100% 100% 100% Basic benefit services 80% 80% 80% 80% Major benefit services 50% 50% 80% 80% Orthodontia (child and adult) No coverage 80% 80%

(36)

Dental – Delta Dental

• Diagnostic & Preventive does not count towards annual maximum benefits

• No waiting period on Orthodontia

• No waiting period on replacement crowns and implants; limitation applies

(37)

DOMESTIC PARTNER COVERAGE

Dependent coverage for domestic partners is available on the following plans:

– Dental – Vision – Life

– Critical Illness

– Auto and Homeowners plans.

Domestic partners must be enrolled via the ADP portal.

(38)

Short-Term Disability –

MetLife

• 14 calendar day elimination period • 60% of salary up to $2,500 per week • Benefits continue up to 11 weeks

• No pre-existing condition exclusion for new employees; can enroll without evidence of insurability

Employees will have two options:

• Employee uses sick/vacation leave during elimination period and then receives 60% short or long-term benefit after

elimination period

• Employee uses sick and/or vacation leave until leave is

exhausted and then receives 60% short or long-term disability benefit

(39)

Long-Term Disability –

MetLife

• 90 day elimination period

• 60% of salary up to $15,000 per month • Benefits continue to normal retirement age

• Pre-existing condition clause - 3/12 any condition that the employee has been treated for in the 3 months prior to

enrollment in the coverage will not be covered under the plan until the employee has been enrolled in the plan for 12 months • Employee Assistance Program through EmployeeConnect

Services (w/ Long-Term Disability)

• No pre-existing condition exclusion for new employees; can enroll without evidence of insurability

• Long term disability benefits are offset by other income, including social security and retirement

(40)

Travelers Automobile and Homeowners

Insurance

• GPC benefit • Group discount • Automobile insurance • Homeowner’s insurance • Renter’s insurance

• Personal articles, valuables coverage. • Enroll on Travelers website

• Bill comes from Travelers

(41)

lifePerx

Lifestyle Benefits

41

Package Options Option A Option B Option C Option D

Emergency Roadside Assistance X X

Legal Services X X X

Identity Theft Protection X X X X

Tax Help Line X X X X

Pet Savings Program X X

Fitness Center Discount X

Member Cost/Month $8.35 $9.85 $9.85 $11.50

* All benefits include member, spouse and all legal dependents except ID Theft Protection This plan is NOT insurance. This discount card program contains a 30-day cancellation period.

Member shall receive a full refund of membership fees, if membership is cancelled within the first 30 days after the effective date.

(42)

USG Perks

Consumer Savings

• USG Perks helps you save on almost everything you want to buy

• Earn points for every dollar you spend and get even more stuff for free.

• Register on USG Perks website: https://usg.affinityperks.com/login

(43)

FLEXIBLE SPENDING ACCOUNTS

• IRS Plan

• Reduce base pay subject to Federal and State Taxes

• Medical, vision, and dental insurance premiums automatically deducted pre-tax

(44)

FLEXIBLE SPENDING ACCOUNTS

• May make changes during open enrollment

• May make changes within 30 days of change in family status – Marriage, Divorce

– Adoption, Birth of a child

– Spouse’s employment status changes, spouse has different open enrollment period

(45)

Flexible Spending – U.S. Bank

Health Care Spending Account

• Uncovered health and dental plan expenses (deductibles, co-pays, prescriptions, glasses, dental)

• Only prescribed medications are reimbursable • $2,500 annual limit

(46)

FLEXIBLE SPENDING – U.S. Bank

Dependent Care Spending Account

• Child care and day care / elder care fees in a licensed

establishment • Before tax $$

• $5,000 annual limit or $2,500 annual limit if married filing single return

(47)

Limited Purpose FSA – U.S. Bank

Health Care Spending Account

• An additional tax-free account for employees enrolled in the HSA Open Access POS plan.

(48)

FLEXIBLE SPENING ACCOUNTS

• USE IT OR LOSE IT!

• MONEY NOT TAKEN

OUT OF ACCOUNT

WILL BE LOST AFTER

MARCH 15

TH

OF THE

FOLLOWING YEAR

(49)

TEACHER’S RETIREMENT SYSTEM

• State plan

• 6% base salary employee contribution

• 13.15% employer contribution to support retirement plan • 10 years of creditable service required to be vested

• All full-time employees must participate in TRS or ORP

• 20 days sick leave = 1 month service for pension calculation (minimum 60 days sick leave)

(50)

OPTIONAL RETIREMENT PLAN

• Available to all exempt employees • Portable plan

• 6% base salary employee contribution • 9.24% employer contribution

(51)

OPTIONAL RETIREMENT PLAN

Three Vendors

• VALIC

• TIAA-CREF

• Fidelity Investments

• Can invest with more than one vendor

(52)

RETIREMENT PLAN DECISION

• 60 days to choose either TRS or ORP • CHOICE IS IRREVOCABLE!!

• TRS automatic if no selection is made • Deductions retroactive to date of hire

(53)

New Hire Retiree Healthcare

Contributions

• For employees hired on or after January 1, 2013, the employer contribution for healthcare will be based on years of service with the University System of Georgia.

• Employees retiring with 10 years of service with the University

System of Georgia will receive a 15% employer contribution toward their retiree health care costs.

• For each additional year of service, the employer’s contribution will increase by 3% up to 25 years of service, after which the employer contribution will increase by 2% to a maximum of 70%.

Note: If an employee meets BOR retirement eligibility requirements, University System of Georgia will recognize former State service as years of service for the employer contribution.

(54)

SOCIAL SECURITY

• Full-time employees required to participate • Two deductions

• 6.20% Social Security • 1.45% Medicare

(55)

VACATION

Full-time 12 month Employees

45 DAY/360 HOUR CAP

YEARS WORKED HOURS/ MONTH ANNUAL DAYS 0 - 5 10 15 6 - 10 12 18 11 14 21

(56)

HOLIDAYS

• New Year’s Day

• Martin Luther King, Jr. Day • Memorial Day

• Independence Day • Labor Day

(57)

WINTER HOLIDAYS

• Five (5) days

• Around Christmas

(58)

SICK LEAVE WITH PAY

Regular Employees

• Earn 8 hours per month of service • Sick leave is cumulative

(59)

SICK LEAVE WITH PAY

• Illness or injury

• Medical or dental

treatment or

consultation

• Quarantine due to

contagious illness in the

employee’s household

• Illness, injury or death

in the employee’s

immediate family

requiring the

(60)

SICK LEAVE WITH PAY

• Physician’s statement required if sick leave claimed in excess of one week (5 working days)

• Employee not entitled to sick pay after last working day • No cap on sick leave account

(61)

SICK LEAVE WITH PAY

Immediate Family

• Child

• Wife/Husband

• Mother/Father

• Sister/Brother

• Grandparent/child

• Daughter-in-law

• Son-in-law

• Mother-in-law

• Father-in-law

• Sister-in-law

• Brother-in-law

• Grandparent-in-law

• Any relative who is

(62)

FAMILY AND MEDICAL LEAVE - FMLA

• Employed on a half-time basis or greater for 12 or more months and worked 1250 hours or more

• Eligible for 12 weeks of unpaid FMLA leave during a 12 month period

• Concurrent with use of paid sick time

(63)

FAMILY AND MEDICAL LEAVE - FMLA

Eligibility

• Birth of a child • Adoption of child

• Serious health condition of employee’s minor child, spouse, or parent

• Employee’s presence must be necessary • Serious health condition of the employee • Military Exigency

– Deployment preparations

– Injury as a result of military service

(64)

FAMILY AND MEDICAL LEAVE - FMLA

• Allows employee to maintain a position and benefits • Approval must be requested on appropriate form • Contact Director of Human Resources for Benefits

(65)

MILITARY FMLA

• Military deployment and/or exigency (urgent demand)

• Employees entitled to up to 26 weeks of leave to care for covered service member

(66)

WORKER’S COMPENSATION

• All employees covered by Georgia Worker’s Compensation Act • Payment for medical and hospital expenses and disability

compensation if injured on the job

• Claims cannot be paid by any other insurance including disability insurance

(67)

WORKER’S COMPENSATION

• Notify manager immediately to ensure coverage

• Supervisor must report the claim to the appropriate vendor -Amerisys

(68)

PAYCHECKS

• Wage and salary payments are deposited directly with the employee’s bank

• Bi-weekly pay received every other Friday. Work week/pay period runs Saturday – Friday

(69)

OTHER BENEFITS

• COBRA

• Tuition Assistance Program (TAP)

• Georgia Federal (Georgia United) Credit Union • Tax Sheltered Annuities (403b / 457b)

• BBT at Work

(70)

NEXT STEPS

REVIEW YOUR PAYSTUB/PAY ADVICE!

• Review your job description with your manager/supervisor • Discuss the evaluation process with your manager/supervisor • Ask about the Buddy Program

• Set up your email (Service Desk)

• Enroll in benefits in ADP or sign up with HR within 30 days of your hire date

• Set up direct deposit in ADP or complete form within 30 days of your hire date

(71)

FACULTY COMPENSATION

• Each check is 1/10 of annual salary for checks received in August – May if on two-semester contract (Tenure track)

• Each check is 1/5 of contract salary if on one-semester contract (Limited term)

Figure

Updating...

References

Updating...

Related subjects :