Transcript Benefits Orientation

Benefits
New Employee Orientation
Presenters:
Contact Info:
Vivian Cadenhead
Vicki Fry
Jeanne Germain
Terry Stewart
Tony Velez
9 Walters Avenue, Storrs, CT 06269-5075
Depot Campus, Unit 5075
E-mail: [email protected]
Telephone: (860) 486-0400
Fax: (860) 486-0406
Online Benefits Info
• Website: www.hr.uconn.edu
- click Benefits, then New Employee Benefits Enrollment
• New Employee Orientation Presentation
• Enrollment Guide
• Forms
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Medical Options
• Point-of-Enrollment – Gated (POE-G)
- Network-based care only: $10 office visit copay for most services
- Primary care physician referrals required
• Point-of-Enrollment (POE)
- Network-based care only: $10 office visit copay for most services
- No referrals to specialists required
• Point-of-Service (POS)
- In-Network: $15 office visit copay for most services
- Out-of-Network: $300/person deductible, 80/20 coinsurance
Emergency care is covered as “in-network” even when
received out of the network area under all medical options.
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Medical Insurance Carriers
• Anthem Blue Cross and Blue Shield
- Regional network: CT, MA, RI
- Nationwide access
• Health Net
- Must live and work in CT, NJ, or certain counties in NY
- Nationwide access
• UnitedHealthcare Oxford
- Regional network: CT, NJ, NY
- Nationwide access
Note: Employees who do not live in the regional network areas are
eligible for out-of-area plans (Anthem Out of Area, UnitedHealthcare
Oxford USA)
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Pharmacy Benefits
• Same for All Medical Options
• Pharmacy Benefit Manager: Caremark
- Nationwide network of retail pharmacies
- Mail order option
• Copays at Network Pharmacies
- $5 generic/$10 brand name/$25 non-formulary up to 34-day supply
- Maintenance medications: up to 3-month supply at retail pharmacy
or mail order
• Coinsurance at Non-Network Pharmacies: 20%
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Dental Options
• Basic Dental (UnitedHealthcare)
- No deductible, no annual limit
- 80% reimbursement: preventive, diagnostic, and simple restorations
- Orthodontia not covered
• Enhanced Dental PPO (UnitedHealthcare)
- Deductible: $25 person/$75 family max, $3,000/person yearly max
- Varied reimbursement: % of reduced fee
- Choice: network providers (reduced fee), non-network providers
- Orthodontia: $1,500 lifetime maximum
• Dental Health Maintenance Organization (DHMO) (CIGNA)
- Must use network providers
- Care must be coordinated by primary care dentist
- No deductible, no annual maximum, patient charge schedule
- Orthodontia covered
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Medical and Dental Info
• Eligible Dependents
- Spouse (including same-sex), or party to a civil union
- Dependent children to age 19, or
○ for medical, to age 26 under Public Act 08-147
○ if disabled, no age limitation
• Effective Date
- New hires/rehires: first of second month following hire date
- Interagency transfers: first of month following transfer
• Changing Your Elections
- Open enrollment: effective July 1 each year
- Qualifying status change
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Life Insurance
• Basic Life Insurance (Contributory plan)
• Supplemental Life Insurance (Employee pay all)
- Available to AAUP, UCPEA, Managerial/Confidential, Postdoctoral
Fellows and Law School faculty with annual earnings of $45,500
or more
• Administered by Fort Dearborn
• No evidence of good health required if you enroll within 31
days of hire
• Effective date is six months following hire date
• Continue a reduced amount of life insurance in retirement
at no cost
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Retirement Plan
• State Employees Retirement System (SERS) Tier IIA
- Defined benefit plan
- Based on years of service and salary
- Employee contributes 2% (hazardous duty employees contribute 5%)
• Alternative Retirement Program (ARP) available to AAUP,
UCPEA, Managerial/Confidential, Law School Faculty
- Defined contribution plan
- Employee contributes 5%, State contributes 8% (total 13%)
- Employee directs how monies are invested
- Administered through ING
• Ineligible for SERS or ARP
- Postdoctoral Fellows
- Employees on J1 or F1 visa
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Retirement Choice
• Employees with choice have six months following hire
date to make their election
- During election period, department is charged highest fringe rate,
which may impact grant-funded end date positions
• Decision is irrevocable
• Effective date of Tier IIA
- Employment date
• Effective date of ARP
- Hire date if first contribution is made within one month of hire date
- Start of pay period in which first contribution made if after one
month of hire date
• Long Term Disability insurance plan automatically
provided to ARP participants
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Retiree Health Benefits
• Employees contribute 3% of pay for first 10 years of
state service
• Only employees with vested retiree health benefits from former
employer can waive coverage and contributions
• Vested in retiree health benefits after 10 years of actual
state service
• Retiree health benefits available at retirement
• For employees who leave prior to early or normal retirement,
retiree health insurance commences when age and service
equals 75 or more
• Employees who leave state service prior to 10 years can
request a refund of contributions
• State can withhold refund until July 2012 and pay 3% per
annum interest
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Supplemental Benefits
• Life Insurance
- Term life insurance through Fort Dearborn
- Aetna Universal Life Insurance
- ING Universal Life Insurance
• Retirement Savings: 403(b), 457, Roth 403(b) through ING
• Cancer Insurance through AFLAC
• Long Term Disability through The Hartford (for employees
enrolled in SERS)
• Short Term Disability
- The Hartford (for UCPEA employees enrolled in ARP)
- Colonial Supplemental Insurance Company
- Fort Dearborn Life Insurance Company
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More Supplemental Benefits
• Dependent Care Assistance Program
• Auto and Homeowner Insurance
- Metropolitan Casualty & Property Insurance Company & Affiliates
- Liberty Mutual Insurance Company
• Qualified Transportation Fringe Benefit
• Long Term Care through MetLife
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Next Steps
Complete required paperwork by deadline
1. Employee Information Form
2. Equal Employment Opportunity Information Sheet
3. Longevity Service Form
4. Personalized Basic Benefit Enrollment Form (available from Benefits)
5. Designation of Retirement System Tier Plan Beneficiary (CO-931)
and one of the following from below:
6. Retirement Plan Form
SERS Tier IIA
ARP
SERS Tier II
Teachers Retirement
None
Credit Purchase Request for Miscellaneous Service
(CO-1088)
ING Beneficiary Designation
Retirement Credit (CO-922)
Connecticut Teachers Retirement Board Transfer Form
(TRB-19A)
No additional form - Post Docs and J1 and F1 visa
holders complete only CO-931
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Form Submission and Verification
• Forms can be mailed or delivered in person
• Option to schedule appointment with a Benefits
Representative
• Review Confirmation Report
- Mailed within two weeks following receipt of completed paperwork
• Look for Medical/Pharmacy/Dental ID cards
- Mailed within 30 days following receipt of completed paperwork
• Verify accuracy of payroll deductions
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