presented by human resources benefits for educated consumers benefits orientation
TRANSCRIPT
Presented by Human Resources
“Benefits for Educated Consumers”
Benefits Orientation
ICUBA • Independent Colleges and Universities Benefits Association
(ICUBA)• “Better Benefits Through Collaboration”• 501(c) 9 corporation to purchase benefits for members• MEWA-multiple employer welfare association• Pool purchasing power to reduce costs
ICUBA Members
Benefit Plan
• Plan Year: April 1 – March 31
• Tax Savings Program‒ Elected premiums will be deducted on a pre-tax basis under Section 125 of the IRS
Tax Code
• You have thirty (30) days from your hire date to elect these pre-tax benefits or you must wait until open enrollment
• Open Enrollment each February‒ Make changes to your benefits for the following plan year effective April 1st
• Coverage is locked for benefit plan year (April-March) unless there is a qualified status change
‒ Marriage, Birth, Adoption, Divorce, Spouse gains/loses coverage elsewhere, etc.
‒ You must make changes to benefits within thirty (30) days of the status change
• Eligible Dependents:‒ Spouse, domestic partner, dependent child(ren), step-children, and domestic
partner ‘s dependent child(ren)
Medical Coverage• Two (2) PPO plan options
‒ Preferred PPO Blue Options
‒ PPO 70 Blue Options
• College covers 63% of the total premium for employee and eligible dependents
• Both plans have in and out of network coverage
• Both plans have college funded Health Reimbursement Account (HRA)
• Factors to consider when choosing a plan ‒ Plan design: Preferred PPO – or – PPO 70
‒ Cost
‒ HRA Contribution
Preferred PPO Blue Options
Network Non Network
Deductible Individual/Family$2,000/$4,000 $3,500/$9,750
Coinsurance20%
after deductible40%
after deductible
Out of Pocket Maximum (includes all medical co-pays, deductibles, and coinsurance)
$3,500/$7,000 $7,000/$14,000
Non-Wellness Blue Recognition Office Visits (includes General Practice, Family Practice, Internal Medicine, and Pediatrics)
$0 N/A
Non-Wellness Physicians Office Visits(includes General Practice, Internal Medicine, Family Practice, Pediatrics, and OB/GYN)
20% NO
deductible
40% after deductible
Maternity Office Visits$20 co-pay per
plan year; NO deductible
40% after deductible
Medical Plan Comparison
PPO 70 Blue Options
Network Non Network
$1,000/$2,500 $1,500/$4,000
30% after deductible
50% after deductible
$3,000/$6,000 $6,000/$12,000
$0 N/A
$20 co-pay; NO deductible
50% after deductible
$20 co-pay per plan year;
NO deductible
50% after deductible
Preferred PPO Blue Options
Network Non Network
Specialist Office Visit, including Chiropractors and Therapists
20%;NO deductible
40% after deductible
Wellness Exam $0 Not Covered
Outpatient Diagnostic Imaging
20% after deductible
40% after deductible
Urgent Care20%;
NO deductible20%;
NO deductible
Emergency Room Services
$100 co-pay (waived if admitted)
NO deductible
$100 co-pay (waived if admitted)
NO deductible
Hospital Inpatient20%
after deductible40%
after deductible
Medical Plan Comparison (cond.)
Refer to your Medical Summary Plan Description (SPD) for full benefit description.
PPO 70 Blue Options
Network Non Network
$30 co-pay; NO deductible
50% after deductible
$0 Not Covered
$100 co-pay and 30%
after deductible
50% after deductible
$30 co-pay; NO deductible
$30 co-pay; NO deductible
$100 co-pay (waived if
admitted) NO deductible
$100 co-pay (waived if admitted)
NO deductible
$250 co-pay, and 30%
after deductible
$500 co-pay and 50%
after deductible
Monthly Medical Plan Rates
PPO70 Blue Options
Employee Contributi
on
Rollins Contributio
n
Monthly Premium
HRA
$242.72 $413.28 $656.00 $75
$485.44 $826.56 $1,312.00 $100
$437.34 $744.66 $1,182.00 $85
$680.06 $1,157.94 $1,838.00 $125
Preferred PPO Blue Options
Employee Contributi
on
Rollins Contributio
n
Monthly Premium
HRA
Employee $189.07 $321.93 $511.00 $125
Employee + Spouse $378.14 $643.86 $1,022.0
0 $150
Employee + Child(ren)
$340.40 $579.60 $920.00 $140
Family $529.47 $901.53$1,431.0
0 $175
Provider Search
http://www.floridablue.com/1. Find a Doctor
2. Select “Blue Options” as plan.
Note: Blue Physician Recognition providers can be seen for no cost for all office visits.
Health Reimbursement Accounts (HRA)
• Est. by US Dept. of Treasury – July 2002• College contributions in addition to 63% of premium• Administered by ICUBA• Can only be used by family members on ICUBA medical plan• Two methods of reimbursement
‒ MasterCard or reimbursement request (within 1 year from date of service)‒ Keep receipts, Explanations of Benefit (EOB), etc. for verification of medical
expense
• Unused money rolls over indefinitely‒ While employed and enrolled in medical plan
Check balance online: http://icubabenefits.org
Health Reimbursement Accounts (HRA)
• Money earns interest at the FL Dept. of Financial Services rate on a quarterly basis
• Never taxed• Never be converted to cash• Portable with 36 months continuous participation in Rollins medical
plan‒ Monthly administrative fee applies if no longer employed
• If you drop medical plan or leave employment without 36 months = forfeit $
• HRA available end of each month you participate in high deductible plan
‒ As long as covered before the 15th of the month
HRA (cond.)
• Eligible Expenses (full listing on ICUBA Benefits Site):
‒ Out of pocket health services (medical, dental, vision)‒ Prescriptions‒ Over the counter medical supplies‒ COBRA, long term care, retiree health premiums
• Non-eligible expenses:‒ Life, long term disability, any other pre-tax premiums
‒ Non-medical expenses, cosmetic or other not medically necessary
‒ Dependents that are not enrolled in the ICUBA plan
‒ Over the counter drugs without a prescription
Risk/Reward Monthly
Risk/Reward Annual
Single $125.00 $1,500.00
EE + Spouse/DP
$150.00 $1,800.00
EE + Child(ren)
$140.00 $1,680.00
EE + Family
$175.00 $2,100.00
HRA Monthly Funding Schedule
PPO 70 Monthly
PPO 70 Annual
$75.00 $900.00
$100.00 $1,200.00
$85.00 $1,020.00
$125.00 $1,500.00
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Medical Plan Tips: Know Before You Go
• Check the cost of your visit and the procedure you may be receiving.
Call: The Care Consultant Team: 1-888-476-2227
Click: Visit www.FloridaBlue.com and click on “Member”, then “Tools”, and “Compare Medical Costs”
Visit: A Florida Blue Center •Winter Park Village
•Walk in or call 1-877-352-5830 for an appointment
•Wellness events on-site
•Nurse on site
•Price a treatment
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Blue Rewards Wellness Program
Pharmacy Coverage• Catamaran
‒ Formerly Walgreens Health Initiatives (WHI) and CatalystRx
• 24/7 Customer Service• Separate ID card for pharmacy benefits• Preferred Medication List is available at www.mycatamaranrx.com• Three Tier Copay Structure
‒ Tier 1: Generics‒ Tier 2: Preferred Brand‒ Tier 3: Non-preferred Brand
• Three Options for getting prescriptions filled‒ 30 day retail‒ 90 day home delivery‒ 90 day retail
• Free Diabetic Supplies• Free Over the Counter Preventive Generics with prescription
Pharmacy Benefit Tiered Copays• Whenever possible, have your doctor consult your Preferred Medication List for the
lowest cost generic or brand medications available for your therapy.
• You may call member services at 1-800-207-2568 or visit www.mycatamaranRx.com
Tier Co-pay Definition
1st Tier: Generics
30 day supply: $590 day supply: $10
Generics contain the same active ingredient as their brand-name equivalents and offer the same effectiveness and safety. Some generics use a brand name instead of a chemical name. Both have the lowest copay.
2nd Tier: Preferred
30 day supply: $2790 day supply: $50
Medications in this tier have been selected by your pharmacy benefit plan as preferred brand drugs. These drugs have higher co-pays than generics but are less costly than non-preferred medications on the third tier.
3rd Tier: Non Preferred
30 day supply: $6090 day supply: $120
Because a generic version or a second-tier alternative is available, non-preferred medications have the highest co-pays and are not listed on the Preferred Medication List.
Maximum annual plan year-pocket for prescription drug co-pay is $2,000 per individual; $4,000 for family.
CatamaranRx Pharmacy Network
• Retail Pharmacy Network‒ Over 62,000 chain and independent
pharmacies nationwide including: Publix, CVS, Walgreens, Costco, Wal-Mart, Target, etc.
• Advantage90™Retail Network
‒ 90-day maintenance medications‒ Over 39,000 chain and independent
pharmacies nationwide including CVS, Publix, Sam's Club, Target , Walgreens , Wal-Mart , Winn-Dixie
Dental Coverage
• Three Humana Dental Plans‒ DHMO‒ PPO Low Preventive Plus‒ PPO High
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DHMO Prepaid 250CS Plan DMO CS250 Plan In-Network Only
Calendar Year Deductible No deductible
Out of Pocket Maximum No maximum
Office Visit Copays (during normal business hours)
$5 copay per visit
Preventive ServicesPlease refer to dental schedule for copay amounts
Basic ServicesPlease refer to dental schedule for copay amounts
Major ServicesPlease refer to dental schedule for copay amounts
Orthodontics – Adult & Child $2,000 Adult; $1,800 Child fixed copayDMO CS250 Dental Plan
2014-2015 Monthly Dental Rates
Employee $0.00
Employee + 1 $11.04
Family $23.22
• Must select a dentist in the prepaid 250CS plan.
• Must notify Humana of dentist selection prior to your appointment.
• To find a dentist and the ID number, go to: www.humanadental.com
• Be sure to select the “HD DHMO/Prepaid CS250” network option.
Refer to your Dental Summary Plan Description (SPD) for full benefit description.
Rates include employer subsidy of $10.98 for all plans and coverage categories
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Low Option “Preventive Plus” Plan
* Services include amalgam/resin restorations and simple extractions.
**Major Services are not covered under this plan. However, you may receive a discount on these services if you see participating dentists.
Low Option PPO Plan In-Network
Out-of-Network
Plan Year Deductible – Single / Family
$50 / $150 $50 / $150
Deductible Waived for Preventive Yes Yes
Plan Year Maximum (excludes orthodontia services)
$1,000 $1,000
Preventive Services 0% 0%
*Basic Services 20% 20%
**Major Services Discount Not CoveredLow Option “Preventive Plus” Plan 2014-2015 Monthly Dental Rates
Employee $8.50
Employee + 1 $34.30
Family $63.98
Refer to your Dental Summary Plan Description (SPD) for full benefit description.
Rates include employer subsidy of $10.98 for all plans and coverage categories
High Option PPO Plan In-Network
Out-of-Network
Plan Year Deductible – Single / Family
$50 / $150
$50 / $150
Deductible Waived for Preventive Yes Yes
Plan Year Maximum (excludes orthodontia services)
2,000 $2,000
Preventive Services 0% 20%
Basic Services 20% 50%
Major Services 50% 70%
Orthodontia – Adult & Child 50% 50%
Orthodontia Lifetime Maximum $2,000 $2,000
Two additional preventive cleanings for a total of four cleanings per year.
Two periodontal cleanings per year to be covered at preventive levels of benefits.
Coverage for composite fillings on all teeth.
Extended Annual Maximum Benefit paying 30% coinsurance after the annual maximum benefit is met.
High Option PPO Dental Plan 2014-2015 Monthly Dental Rates
Employee $25.70
Employee + 1 $62.06
Family $111.86
High Option PPO Plan
Refer to your Dental Summary Plan Description (SPD) for full benefit description.
Rates include employer subsidy of $10.98 for all plans and coverage categories
Dental Rates*
Monthly Rates
DHMOPPO
Preventive Plus
PPO High
Employee $0.00 $8.50 $25.70
Employee + 1
$11.04 $34.30 $62.06
Family $23.22 $63.98 $111.86
*Includes employer subsidy of $10.98 per month for all plans and coverage categories
Bi-Weekly Rates
DHMOPPO
Preventive Plus
PPO High
$0.00 $3.92 $11.86
$5.10 $15.83 $28.64
$10.72 $29.53 $51.63
Provider Searchwww.humanadental.com1. Find a Dentist 2. Select “DHMO” or “PPO” and enter zip code
3. Select “HD DHMO/Prepaid CS250” for DHMO – or - “PPO/Traditional Preferred” for PPO
Provider Search (cont.)
4. Enter name or click on Specialty to find all providers 5. Select “All Dental” for service type
6. Click “Search”
Vision Coverage
• Advantica EyeCare is a managed vision eye care insurance company with a national network of optometrists, opticians and retail providers.
• Benefits can be obtained at any of the in-network
providers, which include (but not limited to) EyeMasters, Sears Optical, JC Penney Optical, Target Optical, Pearle Vision, Optical Outlets, Wal-Mart, VisionWorks, and Florida Eye Clinics
• Out of network reimbursement with claim form
• For entire network: www.advanticabenefits.com
• Employee Monthly Premium:‒ Employee only: $3.98‒ Family (Employee + 1 or more): $10.18
Vision Plan SummaryIn-Network Out-of-Network
Vision Exam $5 Co-Pay Up to $40 Reimbursement (less applicable Co-Pay)
Standard Frames $15 Co-Pay; Up to $100 allowance less applicable Co-Pay if outside Standard
Reimbursed up to $40 (no Co-pay if included with eyeglass lenses)
Single Vision, Bifocal, Trifocal, and Lenticular Lenses
Covered After $15 Co-Pay Up to $20 for Single Vision, $40 for Bifocal, $60 for Trifocal, $100 for
Lenticular Reimbursement less Co-Pay
Standard Progressive Lens $50 Co-Pay Up to $45 reimbursement less Co-pay
Single Vision (SV) Polycarbonate Included with Lens Co-Pay up to age 19; over age 19, $30 Co-Pay
Up to $10 reimbursement less Co-pay under age 19
UV Coating Lens $12 Co-Pay Up to $5 reimbursement less Co-pay
Contact Lenses - Medically Necessary (in lieu of eyeglasses and elective contact lenses)
$15 Co-pay; $250 materials allowance; $30 fitting fee allowance
Up to $250 reimbursement (less applicable Co-pay)
Contact Lenses – Elective (in lieu of eyeglasses)
$15 Co-pay; $100 materials allowance; $30 fitting fee allowance
Up to $60 reimbursement (less applicable Co-pay)
Frequency Limitations - Vision Exams Once every 12 months
Frequency Limitations - Eyeglass Lenses
Once every 12 months
Frequency Limitations - Frames Once every 24 months with Standard Vision Plan Once every 12 months with Enhanced Vision Pan
Frequency Limitations - Contact Lenses
Once every 12 months
Vision Rates
Monthly Rates
Standard Vision
Plan
Enhanced Vision
Plan
Employee $3.98 $4.78
Family $10.18 $12.22
Bi-Weekly Rates
Standard Vision
Plan
Enhanced Vision
Plan
Employee $1.84 $2.21
Family $4.70 $5.64
Provider Searchwww.advanticabenefits.com1. Provider Search 2. Select Vision Care Provider
3. Select Current or Future Member 4. Enter desired search criteria
College Life Insurance
• College paid coverage - no election necessary
• 2x salary, rounded up to nearest $1,000‒ Maximum of $500,000‒ Age reductions at 65, 70 & 75
• Portability options at termination
• Must complete beneficiary information online http://icubabenefits.org
• Additional Benefits:‒ Will Preparation Program‒ Identity Theft Program‒ Healthy Rewards®‒ CIGNA Secure Travel®‒ CIGNAssurance® Program for Beneficiaries‒ Employee Assistance Program
Voluntary Life Insurance
• Employee Life‒ $10,000 increments, up to 7 X Salary or a Max of $500,000
‒ Guaranteed issue for voluntary life: $150,000
‒ Benefit Reductions at 65, 70 and 75 years of age
• Spouse Life ‒ Up to 50% of employee voluntary life amount, in increments of
$10,000; Max of $250,000
‒ Guaranteed issue for spouse life: $50,000
‒ Benefit Reductions at 65, 70 and 75 years of age
• Child Life ‒ Up to 50% of employee voluntary life amount in increments of
$2,500; Max of $10,000
Voluntary Life Insurance (cond.)
• Portable – keep policy at same rates if you leave employment
• Additional Benefits‒ Survivor financial counseling services
‒ Portability, accelerated benefit option, wavier of premium if totally disabled & beneficiary interest bearing asset account
• Evidence of Insurability (EOI)‒ Medical history form
‒ Over $150,000 for employee voluntary life
‒ Over $50,000 for spouse life
• Must complete beneficiary information online http://icubabenefits.org
• Can update beneficiaries anytime
Life Insurance Rates
Age (Employee)
Monthly Rate (per $1,000)
<20-29 $0.048
30-34 $0.056
35-39 $0.072
40-44 $0.112
45-49 $0.200
50-54 $0.296
55-59 $0.432
60-64 $0.712
65-69 $1.288
70-74 $1.832
75+ $3.928
Employee and Spouse Life rates: Based on Employee’s age as of 1/1 of the current year
Child Life rate (monthly):
$0.16 per $1,000
Health Care Flexible Spending Account (FSA)
• Administered by ICUBA
• Funded by employee with pre-tax contributions
• Used to pay for qualified healthcare (medical, Rx, dental, vision) expenses
• Maximum annual contribution reduced to $2,500 per Health Care Reform
• Entire annual election available upfront
• Obtain funds through:‒ ICUBA Benefits MasterCard - or -
‒ File claims online at http://icubabenefits.org
• Deadline to use funds 6/15/2015 or forfeit remaining balance (have until 6/30/2015 to submit all claims through 6/15/2015) (for plan year 2014/2015)
• MUST elect every year, does not roll over
HRA and FSA ComparisonHealth Reimbursement
Account (HRA)Health Care Flexible
Spending Account (FSA)Funding Funded by Rollins Funded by employee pre-tax dollars
Medical Plan Enrollment
Enrollment required Enrollment not required
Dependent Eligibility
Only if covered on medical plan All qualified dependents are eligible, even if not enrolled in medical plan
Eligible expenses Eligible medical, dental, vision expenses; COBRA, long term care, and retiree health premiums
Eligible medical, dental, vision expenses
Availability of Funds
Can withdraw up to what has been deposited
Annual goal amount available the first day of the plan year
Rollover of Funds Funds rollover at the end of each plan year indefinitely
Have to spend funds by 6/15 and claim by 6/30 of the following plan year (Use-it-or-lose-it)
Portability Can continue after 36 months of continuous participation
Available for remainder of plan year through COBRA
Order of Reimbursement
Funds used after FSA Funds used before HRA
Dependent Care Flexible Spending Account (FSA)
• Administered by ICUBA
• Funded by employee with pre-tax contributions
• Used to pay for qualified dependent day care expenses (not healthcare for dependents)
• Maximum annual limit of $5,000 per family
• Funds are available as they are deducted from payroll
• Dependents: dependent under age 13, physically or mentally challenged adults who are unable to care for themselves
• Obtain funds through:‒ ICUBA Benefits MasterCard – or –
‒ File your claims online at http://icubabenefits.org
• Deadline to use funds 6/15/2015 or forfeit remaining balance (have until 6/30/2015 to submit all claims through 6/15/2014) (for plan year 2014/2015)
• MUST elect every year, does not roll over
Benefits Enrollment
• Must submit elections within 30 days of hire date
• Online through ICUBA website
• Deductions are retro-active to hire date
ICUBA Benefits Site • http://icubabenefits.org (No www.)
• Access Benefits Library & Reference Center full of detailed plan summaries, rates, and more
• Single source login to view benefits and check balances on HRA/FSA debit card
• Register as First Time User
• Remember your login ID and password for future logins and access to benefits information throughout the year
First Time User
Type in your Social Security Number, Company Key and Date of Birth. The Company Key is ICUBA in all caps.
Click “Start Here” to enroll in your benefits and add beneficiaries.
Behavioral Health, Substance Abuse and EAP
Benefits• Free Employee Assistance Program (EAP) services
‒ Up to 6 counseling sessions per issue per plan year are available to ALL employees and everyone in an employee’s household
‒ Do not need to be enrolled in any ICUBA benefit plan in order for you or a household member to access EAP services
• Behavioral Health Plan‒ Same as medical benefits (primary care, specialist, etc.)
• Client Connect® Provider Matching Service ‒ Assists members in locating an appropriate provider
• MHNet website www.mhnet.com‒ Articles; interactive health and wellness instruments; health assessments and videos; family,
personal, and mental health information; on-line seminars; discounts to vendors and community resources
‒ Username: ICUBA Password: 8773985816
‒ MHNet contact information is on the back of the Blue CrossBlue Shield of Florida ID card
FREE ICUBA Cares™ In-Network Benefits
Lab Tests Pap Tests Urinalysis Colorectal
Screenings Prostate
Cancer Screenings
Prescribed diabetic supplies including meters, lancing devices, lancets, test strips, control solution, needles, and syringes
Aspirin for adults with a physician prescription
Prescribed generic folic acid and generic pre-natal vitamins for pregnancy
Annual Physical Electrocardiograms Echocardiograms Mammograms Colonoscopies and
Sigmoidoscopies Immunizations Allergy Injections Bone Mineral Density
Tests
Employee Assistance Program is for all employees and members of your household.
Call your EAP 24-hours a day at 1.877.398.5816
Receive up to six free face-to-face counseling sessions per
presenting issue per plan year.
$0 copay for all office visits to Blue Physician Recognition™ provider$0 copay for two courses of treatment per plan year for tobacco cessation*
NEW
Short Term Disability (Salary Continuation)
• Administered by Rollins
• No employee premiums
• Available after 90 days of employment
• Pays salary if unable to work for more than 5 days due to sickness or injury
‒ First 5 days are PTO
‒ Days 6-90 are paid at 100%
‒ Days 91-179 are paid at 66 2/3%
Long Term Disability
• Administered by CIGNA
• No employee premiums
• Eligible date of hire
• Pays salary if unable to work for more than 6 months due to disability
‒ 66 2/3% of monthly earnings to a max of $10,000• Maximum benefit period to age 65
‒ Limited benefits of 12-24 months if disabled after age 65
Parental Leave
• Administered by Rollins
• No employee premiums
• Available after 90 days of employment
• Pays 100% salary after birth or adoption for 6 weeks
• Available if you are the sole caretaker for 20 or more hours a week
Travel Accident Insurance
• Administered by CNA• Coverage starts date of hire• Covered for injuries sustained while on a business
trip made on behalf of the College‒ Excludes vacations and travel to and from work
Long Term Care Insurance
• Employee Paid• Covers Facility and Home-Based care• Employee, spouse, parents, grandparents• Premiums are after tax and do not increase with age• Three levels of Daily Facility Care benefit & Lifetime Max• Available with or without future benefit guarantee • Life insurance built in• Guaranteed benefit increase option• Guaranteed Issue• Portable• Contact HR for detail, rates, and enrollment forms• Can enroll at any time
• EOI may be required if not enrolled within 30 days of hire date
48
Tuition Remission
• Available after 1 year of service
• Waives the cost of the tuition only. All other fees, equipment, books, computers, international travel, room and board, etc., are the responsibility of the employee.
• Employees‒ Employees may complete up to two degrees under this policy. The
degrees could be both in the undergraduate programs or both in the graduate programs or one of each
• Spouses/partners, children, and stepchildren‒ Eligible to complete up to two degrees, one in the undergraduate
program and one in a graduate program
• Policies on R-Net ‒ Tuition Remission for Faculty & Staff‒ Tuition Remission for Dependents of Faculty & Staff
49
Tuition Exchange Program
• Available after 1 year of service
• Provide educational opportunities to eligible dependent children of faculty and staff to participate in a tuition exchange program with members of the Associated Colleges of the South
• May enroll dependent children tuition-free on a space available basis
• Rollins College must pay a fee of $1,500 per student per year to the institution and each participating student must also pay a participating fee of $1,500 to the institution
• Available for four years of study or until the requirements for the undergraduate degree are met, whichever is less
• Birmingham-Southern College, Morehouse College, Centenary College, Rhodes College, Centre College, Southwestern University Furman University, Trinity University, Hendrix College, University of Richmond, Millsaps College, University of the South
• Policy on R-Net ‒ •Tuition Exchange for Dependents of Faculty & Staff
50
Tuition Grant Program
• Available after 1 year of service
• Provides a tuition grant benefit up to $2,000 per fiscal year (June-May) split into up to $1,000 per semester for each dependent child's tuition at an eligible institution of higher learning
• Applies to enrollments on a for-credit basis only at accredited institutions of higher learning not covered by the Rollins’ Tuition Remission and Tuition Exchange policies
• Limited to no more than four consecutive years from the start of grant for undergraduate study
• Policy on R-Net ‒ Tuition Grant Program
51
Employee Tuition Assistance Program
• Available after 90 days of employment
• Limited to a total reimbursement of up to $200 per fiscal year (June – May)
• The courses that may be approved for Employee Tuition Assistance Program consideration are as follows:
‒ High School Level - courses prescribed for the granting of a diploma (certificate of equivalency)
‒ Undergraduate Courses - must relate to an employee's current position or provide development for future positions available within the College
‒ Advanced Degrees - must relate to the current position of the employee to be eligible
‒ Technical Schools, Home Study Programs, Adult Education Courses, etc. - must relate to the staff member's current position.
‒ Other Courses - Offerings such as home review courses for professional certification must be highly job related and be approved by the Human Resources Department.
• Policy on R-Net ‒ Tuition Grant Program
Plans
:Company Benefit Contact ID Card?
Health Insurance www.bcbsfl.com800-664-5295 Yes
Prescription Drug Plan www.walgreenshealth.com800-207-2568
Yes
Walgreens Product Discount Card www.walgreens.com/wcard866-922-7312
Yes
Mental Health,Substance Abuse,Employee Assistance Program
www.mhnet.com877-398-5816 Back of BCBS Card
Health Reimbursement Account,Health Care Spending Account, Dependent Care Spending Account
http://icubabenefits.org866-377-5102 ICUBA Benefits
MasterCard®
Dental Insurance www.humanadental.com800-979-4760 (DHMO)800-233-4013 (PPO)
Yes
Eye Care Plan www.advanticaeyecare.com866-425-2323
Yes
Term Life, AD&D and Long Term Disability Insurance
Contact Human Resources Go to:
http://icubabenefits.org
Rollins 403(b) Retirement Plan
• Transamerica Retirement Solutions
• Asset allocation options:‒ Do it yourself allocations: you choose the funds‒ PortfolioXpress: Allocate funds based on age &
estimated year of retirement‒ Charles Schwab Personal Choice Retirement Account:
Brokerage account with additional fund options ($50 annual fee applies)
403(b) Contributions
• Voluntary contributions allowed anytime
• College contribution after 1 year of service & age 21**
• Possible waiver if met eligibility requirements at another college or university
• 100% Vested
You Contribute
Rollins Gives**
0% 7%
1% 8%
2% 9%
3% 10%
• IRS Maximum for Employee Contributions: $17,500
• Catch up provisions- 50 years old (additional $5,500) & 15 years of service (additional $3,000)
Retirement Counseling
• Onsite guidance‒ Individual appointments‒ Monthly‒ rollins.trsretire.com – Click “Schedule an Appointment”
Retirement Enrollment• Enroll Online: rollins.trsretire.com
‒ Employee Match = what Rollins will match (should be 0% until 1 year of employment)
‒ Employee Voluntary/Non-Match = amount not eligible for match
New Hire Checklist
1. Log into the ICUBA benefits site within 30 days from hire date
Elect options
Add beneficiaries for life insurance
Questions?
HR staff are available to discuss plan details and questions