life university - benefits overview

Life University - Benefits Overview

PLAN YEAR | December 2014 – November 2015 1

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Our employees are our most valuable asset.

Coventry Healthcare of Georgia - Medical Insurance • HMO Option – Premier $25/$50 $2000 80% • NPOS Option – Premier Plus $25/$50 $2500 80%/60% • QHDHP – NPOS (HSA Option) – FlexChoice $3500 100%/70%

Transamerica – special Voluntary Insurance • AccidentAdvance • Critical Illness • CancerSelect Plus 2

That’s why at Life University we are committed to a comprehensive employee benefit program that helps our employees stay healthy, feel secure, and maintain a work/life balance.

Guardian – • PPO Dental • Vision • Life and AD&D • Short Term Disability • Long Term Disability • Voluntary Life and AD&D Assurant – • DHMO Dental

UNUM – • Long Term Care Legal Shield – • Legal Services

Medical Insurance

Who is Eligible and When:

All Full Time Active Employees are eligible for medical insurance. Your coverage begins the first of the month following

completion of your waiting period, or during the next open enrollment in October.

Benefits You Receive:

Life University medical plans are through Coventry Healthcare and are comprehensive medical plans that meet all the

mandates under the Patient Accountability and Affordable Care Act.

Medical Maximum age of dependent is 26.

http://chcgeorgia.coventryhealthcare.com/

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http://chcgeorgia.coventryhealthcare.com/

Medical Insurance – Plan 1 (HMO)

Plan Feature – Premier (HMO) In-Network

Deductible

Coinsurance*

Out-of-Pocket (includes deductible)

$2,000 Single

$6,000 Family

20%

$6,350 Single

$12,700 Family

Office Visit Co-pay:

Primary Care

Specialist $25 Copay

$50 Copay

Emergency Services $200 Copay, waived if admitted

Inpatient Care*

Outpatient Care*

20% after Deductible

20% after Deductible

Prescription Drug Coverage (30 day)

Generic or Tier 1

Formulary Brand Drugs or Tier 2

Non-Formulary Brand Drugs or Tier 3

Specialty Drugs or Tier 4

Mail Order (90 day)

$15 Copay

$30 Copay

$60 Copay

10% up to $2,500 annual

1x / 2x / 3x

Benefits You Receive: Life University medical plans are through Coventry and are comprehensive medical plans that meet all the mandates under the Patient Accountability and Affordable Care Act.

Employee Pays Per Paycheck:

Employee Only: $97.55 Non-Tobacco / $135.05 Tobacco

Family: $299.69 Non-Tobacco / $337.19 Tobacco

www.chcga.com

4 *In-Network - you are responsible for paying the 20% coinsurance, after you meet your deductible. (see plan certificate for more details)

Medical Insurance – Plan 2 (NPOS)

Plan Feature – NPOS In-Network Out-of-Network

Deductible

Coinsurance*


$2,500 Single

$7,500 Family

20%

$6,350 Single

$12,700 Family

$2,500 Single

$7,500 Family

40%

$9,350 Single

$21,700 Family


Primary Care

Specialist $25 Copay

$50 Copay

40% After Deductible


Emergency Services $200 Copay, waived if admitted

Inpatient Care* / Outpatient Care* 20% After Deductible 40% After Deductible

Prescription Drug Coverage (30 day)

Generic or Tier 1

Formulary Brand Drugs or Tier 2

Non-Formulary Brand Drugs or Tier 3

Specialty Drugs or Tier 4

Mail Order (90 day)

$15 Copay

$30 Copay

$60 Copay

10% up to $2,500 annual

1x / 2x / 3x

Covered at out of network

benefit level. See plan

design.





www.chcga.com

5 *In-Network - you are responsible for paying the 20% coinsurance; Out of Network – you are responsible for paying the 40% coinsurance after you meet your deductible. (see plan certificate for more details)

http://www.aetna.com/


http://www.chcga.com/

Medical Insurance – Plan 3 (QHDHP NPOS)

Plan Feature – QHDHP NPOS (HSA) In-Network Out-of-Network

Deductible

Coinsurance*


$3,500 Single

$7,000 Family

0%

$3,500 Single

$7,000 Family

$ 7,000 Single

$14,000 Family

30%

$ 14,000 Single

$ 28,000 Family


Primary Care

Specialist

0% After Deductible

0% After Deductible



Emergency Services 0% After Deductible

Inpatient Care

Outpatient Care 0% After Deductible 30% After Deductible

Prescription Drug Coverage (30-day supply)

Generic

Formulary Brand Drugs

Non-Formulary Brand Drugs

Mail Order (90 Day Supply)

0% After Deductible

Covered at out of network

benefit level. See plan

design.





www.chcga.com

6 *Out of Network - you are responsible for paying the 30% coinsurance, after you meet your deductible. (see plan certificate for more details)




Health Savings Account

YOUR ADDITIONAL TAX SAVINGS OVER ALTERNATE PLANS:

For Singles For Employees with Dependents

Potential Potential

Annual Federal Federal Annual Federal Federal

H.S.A. Tax Tax H.S.A. Tax Tax

Contribution Bracket Savings Contribution Bracket Savings

$3,300

35% $1,155.00

$6550

35% $2,292.50

33% $1,089.00 33% $2,161.50

x 28% = $924.00 x 28% = $1,834.00

25% $825.00 25% $1,637.50

15% $495.00 15% $982.50

Life University Employer Contribution: $250/Single; $500/Family – this amount will be pro-rated based on your benefits start date for all new hires. Additional employee contributions are made on a pre-tax basis. IRS Total Maximum contributions: • Employee Maximum Contribution for 2014 is $3300* (2015 is $3350) • Family Maximum Contribution for 2014 is $6550* (2015 is $6650) • $1,000 catch-up provision for those age 55 and older by 12.31.2014 Amounts that remain at the end of the year can be carried over to the next year.

*This maximum contribution total will be lowered based on the contribution by Life University. You cannot go over the IRS maximum contribution limit for a plan year.

The HSA administration is handled by Mellon Bank. You will not be able to use your own bank for your HSA account.

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Accident Advance, Critical Illness and CancerSelect Plus

With the higher deductibles that are now commonplace for most health plans, an unexpected accident can cause a serious financial burden for even the most well prepared individual or family. The AccidentAdvance Plan: Reduces or eliminates the financial risk if you or a family member suffers a broken or dislocated bone.

The money does not replace your health insurance – your health insurance will continue to pay the claims incurred. But the money can be used to pay your portion of your health coverage such as your deductible or office visit copays. Or, you can use it to buy that flat screen T.V. to watch while you’re recovering! It’s paid to you, to use as you see fit.

The best part! This plan can be FREE if you get a routine wellness exam or blood test. Transamerica will pay YOU and your SPOUSE $150 each upon receiving proof of a completed wellness exam or test. This can cover most of, or exceed, the cost of the plan premiums! Child physicals are not reimbursed.

Individual Single Parent Family Two-Adult Family Family

$6.25 $7.26 $9.66 $10.68

Individual only annual premium = $150.00

* Annual Wellness Benefit = $150.00

Annual Cost FREE

Two Parent Family annual premium = $231.84

*Annual Wellness Benefit = $300.00

Profit $68.16

Single Parent Family annual premium = $174.24


Annual Cost $24.24

Family annual premium = $256.32


Profit $43.68

Semi-Monthly Premiums

8 *See the plan brochure for additional details

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Accident Advance, Critical Illness and

CancerSelect Plus


INDIVIDUAL

Coverage $10,000 $15,000 $20,000

Issu

e A

ges 18-34 3.50 5.25 7.00

35-44 7.00 10.50 14.00

45-54 12.65 18.98 25.30

55-59 17.25 25.88 34.50

60-63 21.50 32.25 43.00

INDIVIDUAL AND CHILD(REN)

Coverage $10,000 $15,000 $20,000

Issu

e A

ges 18-34 3.85 5.78 7.70

35-44 7.70 11.55 15.40

45-54 13.90 20.85 27.80

55-59 19.00 28.50 38.00

60-63 23.65 35.48 47.30

INDIVIDUAL AND SPOUSE PLUS CHILDREN

Coverage $10,000 $15,000 $20,000

Issu

e A

ges 18-34 6.75 10.13 13.50

35-44 13.50 20.25 27.00

45-54 24.35 36.58 48.70

55-59 33.25 49.88 66.50

60-63 41.40 62.10 82.80

The Critical Illness plan can completely eliminates the financial risk of someone getting one of the serious illnesses covered by this plan. This plan will pay $10,000, $15,000 or $20,000 directly to YOU for a covered illness which you could then use to pay your deductible and other out of pocket expenses. Covered illnesses are: Cancer of any kind, Heart Attack, Stroke, End-stage Renal Failure, Major Organ Transplant Surgery, Carcinoma in Situ* or Skin Cancer*. *limited to 5% of the eligible benefit amount NO HEALTH INFORMATION REQUIRED if eligible for the first time. Late Entrants will be required to complete Evidence of Insurability and may be declined coverage due to existing health conditions.

This plan also has a wellness exam benefit of $50 each for YOU and your SPOUSE to help off-set the plan premiums. Child physicals are not reimbursed.

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* See brochure for additional details

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http://www.wellnessuncovered.com/joomla/images/stories/chemo_boy.jpg

http://www.visualphotos.com/photo/2x4132186/cancer_patient_in_hospital_42-20137180.jpg

Accident Advance, Critical Illness and

CancerSelect Plus

CancerSelect Plus is designed to provide you and eligible family members with benefits for costs associated with cancer

treatment. No physical exams or blood tests are required1 and coverage is 100% portable. Benefits are paid directly to

you – or anyone you choose – in addition to any other insurance.2

Hospital Benefits Cancer Maintenance Therapy Wellness and Misc. Benefits

Surgery Benefits Radiation/Chemotherapy Benefits

Understanding CancerSelect Plus:

CancerSelect Plus includes:

Individual Single Parent Family Family

$6.98 $8.46 $13.40


This plan also has a cancer screening benefit of $150 each for YOU and your SPOUSE to help off-set the plan premiums – see the illustration below.

Individual Only annual premium = $167.44

*Annual Wellness Benefit =$150.00

Net Annual Cost $ 17.44

Single Parent Family annual premium = $202.80



Family annual premium = $321.36



10 *See the plan brochure for additional details

NO HEALTH INFORMATION REQUIRED if eligible for the first time. Late Entrants will be required to complete Evidence of Insurability and may be declined coverage due to existing health conditions.

http://www.wellnessuncovered.com/joomla/images/stories/chemo_boy.jpg

http://www.visualphotos.com/photo/2x4132186/cancer_patient_in_hospital_42-20137180.jpg

Accident Advance, CancerSelect Plus and Critical Illness Combined Savings

Issue Age: 18-34 Accident Critical Illness $10K Benefit CancerSelect Plus *Annual Wellness **Semi-Monthly out of

Premium Premium Premium Benefit Combined pocket expense

Individual $6.25 $3.50 $6.98 $350.00 $2.14

Individual/Child(ren) $7.26 $3.85 $8.46 $350.00 $4.99

Individual/Spouse $9.66 $6.75 $13.40 $700.00 $0.64

Family $10.68 $6.75 $13.40 $700.00 $1.66



Individual $6.25 $7.00 $6.98 $350.00 $5.64



Family $10.68 $13.50 $13.40 $700.00 $8.41

Issue Age: 45-54 Accident Critical Illness $10K Benefit CancerSelect Plus *Annual Wellness **Semi-Monthy out of


Individual $6.25 $12.65 $6.98 $350.00 $11.29



Family $10.68 $24.35 $13.40 $700.00 $19.26



Individual $6.25 $17.25 $6.98 $350.00 $15.89



Family $10.68 $33.25 $13.40 $700.00 $28.16

Issue Age: 60 - 63 Accident Critical Illness $10K Benefit CancerSelect Plus *Annual Wellness **Semi-Monthly out of


Individual $6.25 $21.50 $6.98 $350.00 $20.14



Family $10.68 $41.40 $13.40 $700.00 $36.31

How much does the Accident, CancerSelect and Critical Illness plans actually cost if I get my physical and/or Cancer Screening? The last column on the right shows your “net” cost after you received your wellness benefit from all plans. •You must have an annual physical and cancer screening during the plan year to obtain this benefit. ** This is your net cost after payment of premiums and receipt of wellness benefits, shown on a per paycheck basis for illustrative purposes only. Premiums are deducted each pay period and the wellness benefit reimbursement is received as a lump sum payment.

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Dental Insurance- DMO

Prepaid Dental Care

Who is Eligible and When: All Full Time Active Employees are eligible for dental insurance. Your coverage begins the first of the month following completion of your waiting period, or during the next open enrollment in October. Benefits You Receive: Life University’s dental plan is through Assurant and underwritten by Union Security DentalCare of Georgia. The employee is responsible for a small portion of the premium cost.


Employee Only: $1.71

Employee + 1: $5.02

Family: $9.68

www.assurant.go2dental.com

Plan Feature IN NETWORK ONLY

Deductible No Deductible

Preventive / Basic / Major Services Copays Apply (See detailed plan summary)

Orthodontic Services 25% Discount on fees

Plan Year Annual Maximum Unlimited

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This plan is a LOW priced dental option for people who do not have a specific provider/dentist.

http://www.dearbornnational.com/




Dental Insurance- PPO

Type of Service

Network- DentalGuard Preferred*

VALUE PLAN**

Network- DentalGuard Preferred*

NETWORK ACCESS PLAN

Preventive Services 0% 0%

Basic Services 0% After Deductible 20% After Deductible

Major Services 40% After Deductible 50% After Deductible

Deductible $50 Individual / $150 Family $50 Individual / $150 Family

Orthodontics (Children) 50% 50%

Benefit Period Maximum $1,500 $1,500

Maximum Rollover Benefit $350 with a threshold of $700


Employee Only: $22.01

Employee + 1: $41.42

Family: $72.98

www.guardiananytime.com

Who is Eligible and When: All Full Time Active Employees are eligible for dental insurance. Your coverage begins the first of the month following completion of your waiting period, or during the next open enrollment in October. Benefits You Receive: Life University’s dental plan is through Guardian Life Insurance Company. The employee will be responsible for paying 100% of the premium cost.

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You MUST select the Value or Network Access Plan (NAP) *Guardian In-Network provider network is the DentalGuard Preferred Network. Out of Network benefits are also available but may result in higher out of pocket expenses for you. (See plan summary for details) ** The Value Plan is the better value & coverage IF your dentist is in the DentalGuard Preferred Network. Dependent maximum age is 19 or 26 if FT student (must provide proof)




Voluntary Vision


All Full Time Active Employees are eligible for vision insurance. Your coverage begins the first of the month following completion of your waiting period, or during the next open enrollment in October. Benefits You Receive:

Life University offers employees the opportunity to elect vision coverage which provides benefits for vision exams, lenses and frames, or contacts. The employee will be responsible for paying 100% of the premium cost.


Employee Only: $ 3.22

Employee/Spouse: $ 6.12

Employee/Child(ren): $ 6.44

Employee/Spouse/Child(ren): $ 9.48

https://www.guardiananytime.com/

Type of Service- DAVIS VISION NETWORK Amount You Pay – In Network1

Routine Eye Exam (one every 12 months) $10 Copay; then covered in full

Eyeglass frames (every 12 months) $25 Copay up to $120 Retail Allowance

Eyeglass lenses (one pair every 12 months)

Standard plastic Single Vision lenses $25 Copay; then covered in full

Standard plastic Bifocal lenses $25 Copay; then covered in full

Standard plastic Trifocal lenses $25 Copay; then covered in full

Contact Lenses (in lieu of glasses) $25 Copay for medically necessary

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• Out of Network benefits also available but may result in higher out of pocket expenses for you. See plan summary for details. • Dependent maximum age is 19 or 26 if FT student (must provide proof)

https://www.vsp.com/







Life and AD&D Insurance

Who is Eligible and When: All Full Time Active Employees are eligible for group life and accidental death and dismemberment (AD&D) insurance. Your coverage begins the first of the month following completion of your waiting period, or during the next open enrollment in October. Basic Life and AD&D Insurance Life University provides full-time employees with group life and accidental death and dismemberment (AD&D) insurance, and pays the full cost of this benefit. Contact HR to update your beneficiary information.

Employee Pays: Employee Only: $0


Plan Feature Plan Benefit

Basic Life and AD&D Insurance Benefit $50,000

15



Voluntary Life and AD&D Insurance


All Full Time Active Employees are eligible for Voluntary Life and AD&D insurance. Your coverage begins the first of the month following completion of your waiting period, or during the next open enrollment in October. Voluntary Life & AD&D Insurance

Life University offers full-time employees with an opportunity to purchase additional life insurance. Employees are responsible for the full cost of this benefit.

Employee Pays Per Paycheck: Age Bracket $ 50,000 $100,000 $200,000 30-34 $1.75 $3.50 $7.00 40-44 $4.00 $8.00 $16.00 50-54 $10.25 $20.50 $41.00 Child(ren) cost for $10,000 is $0.80 * Spouse over 70 is not eligible for this coverage.*


Plan Feature Voluntary Life Coverage

Benefit Up to $300,000, in $10,000 increments for employees

Up to 50% of employee selection for Spouse

Up to $10,000 for children

Guaranteed Issue Employee – up to $200,000

Spouse – up to $50,000

Child – up to $10,000

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*These are sample rates at several age brackets & income levels. All ages and incomes are available on the enrollment system. You will have to answer medical questions if you didn’t enroll last year, or when you were originally eligible as a new hire.

http://www.guardiananytime.com/

http://www.guardiananytime.com/

Life Cost Voluntary Life Cost Illustration

Illustration Semi-monthly premiums displayed. Policy Election Cost Per Age Bracket

65-69† < 25 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 $10,000 Policy Election Amount

Employee Spouse

Child

$10,000 $5,000

$1,000

$.35 $.18

$.08

$.35 $.18

$.08

$.35 $.18

$.08

$.55 $.28

$.08

$.80 $.40

$.08

$1.35 $.68

$.08

$2.05 $1.03

$.08

$3.05 $1.53

$.08

$5.00 $2.50

$.08

$9.05 $4.53

$.08 $20,000 Policy Election Amount

Employee Spouse

Child

$20,000 $10,000

$2,000

$.70 $.35

$.16

$.70 $.35

$.16

$.70 $.35

$.16

$1.10 $.55

$.16

$1.60 $.80

$.16

$2.70 $1.35

$.16

$4.10 $2.05

$.16

$6.10 $3.05

$.16

$10.00 $5.00

$.16

$18.10 $9.05


Employee Spouse

Child

$30,000 $15,000

$3,000

$1.05 $.53

$.24

$1.05 $.53

$.24

$1.05 $.53

$.24

$1.65 $.83

$.24

$2.40 $1.20

$.24

$4.05 $2.03

$.24

$6.15 $3.08

$.24

$9.15 $4.58

$.24

$15.00 $7.50

$.24

$27.15 $13.58


Employee Spouse

Child

$40,000 $20,000

$4,000

$1.40 $.70

$.32

$1.40 $.70

$.32

$1.40 $.70

$.32

$2.20 $1.10

$.32

$3.20 $1.60

$.32

$5.40 $2.70

$.32

$8.20 $4.10

$.32

$12.20 $6.10

$.32

$20.00 $10.00

$.32

$36.20 $18.10


Employee Spouse

Child

$50,000 $25,000

$5,000

$1.75 $.88

$.40

$1.75 $.88

$.40

$1.75 $.88

$.40

$2.75 $1.38

$.40

$4.00 $2.00

$.40

$6.75 $3.38

$.40

$10.25 $5.13

$.40

$15.25 $7.63

$.40

$25.00 $12.50

$.40

$45.25 $22.63


Employee Spouse

Child

$60,000 $30,000

$6,000

$2.10 $1.05

$.48

$2.10 $1.05

$.48

$2.10 $1.05

$.48

$3.30 $1.65

$.48

$4.80 $2.40

$.48

$8.10 $4.05

$.48

$12.30 $6.15

$.48

$18.30 $9.15

$.48

$30.00 $15.00

$.48

$54.30 $27.15


Employee Spouse

Child

$70,000 $35,000

$7,000

$2.45 $1.23

$.56

$2.45 $1.23

$.56

$2.45 $1.23

$.56

$3.85 $1.93

$.56

$5.60 $2.80

$.56

$9.45 $4.73

$.56

$14.35 $7.18

$.56

$21.35 $10.68

$.56

$35.00 $17.50

$.56

$63.35 $31.68


Employee Spouse

Child

$80,000 $40,000

$8,000

$2.80 $1.40

$.64

$2.80 $1.40

$.64

$2.80 $1.40

$.64

$4.40 $2.20

$.64

$6.40 $3.20

$.64

$10.80 $5.40

$.64

$16.40 $8.20

$.64

$24.40 $12.20

$.64

$40.00 $20.00

$.64

$72.40 $36.20


Employee Spouse

Child

$90,000 $45,000

$9,000

$3.15 $1.58

$.72

$3.15 $1.58

$.72

$3.15 $1.58

$.72

$4.95 $2.48

$.72

$7.20 $3.60

$.72

$12.15 $6.08

$.72

$18.45 $9.23

$.72

$27.45 $13.73

$.72

$45.00 $22.50

$.72

$81.45 $40.73

$.72

Voluntary Life Cost Illustration continued

65-69† < 25 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64

$100,000 Policy Election Amount Employee Spouse

Child

$100,000 $50,000

$10,000

$3.50 $1.75

$.80

$3.50 $1.75

$.80

$3.50 $1.75

$.80

$5.50 $2.75

$.80

$8.00 $4.00

$.80

$13.50 $6.75

$.80

$20.50 $10.25

$.80

$30.50 $15.25

$.80

$50.00 $25.00

$.80

$90.50 $45.25


Employee Spouse

Child

$110,000 $55,000

$10,000

$3.85 $1.93

$.80

$3.85 $1.93

$.80

$3.85 $1.93

$.80

$6.05 $3.03

$.80

$8.80 $4.40

$.80

$14.85 $7.43

$.80

$22.55 $11.28

$.80

$33.55 $16.78

$.80

$55.00 $27.50

$.80

$99.55 $49.78


Employee Spouse

Child

$120,000 $60,000

$10,000

$4.20 $2.10

$.80

$4.20 $2.10

$.80

$4.20 $2.10

$.80

$6.60 $3.30

$.80

$9.60 $4.80

$.80

$16.20 $8.10

$.80

$24.60 $12.30

$.80

$36.60 $18.30

$.80

$60.00 $30.00

$.80

$108.60 $54.30


Employee Spouse

Child

$130,000 $65,000

$10,000

$4.55 $2.28

$.80

$4.55 $2.28

$.80

$4.55 $2.28

$.80

$7.15 $3.58

$.80

$10.40 $5.20

$.80

$17.55 $8.78

$.80

$26.65 $13.33

$.80

$39.65 $19.83

$.80

$65.00 $32.50

$.80

$117.65 $58.83


Employee Spouse

Child

$140,000 $70,000

$10,000

$4.90 $2.45

$.80

$4.90 $2.45

$.80

$4.90 $2.45

$.80

$7.70 $3.85

$.80

$11.20 $5.60

$.80

$18.90 $9.45

$.80

$28.70 $14.35

$.80

$42.70 $21.35

$.80

$70.00 $35.00

$.80

$126.70 $63.35


Employee Spouse

Child

$150,000 $75,000

$10,000

$5.25 $2.63

$.80

$5.25 $2.63

$.80

$5.25 $2.63

$.80

$8.25 $4.13

$.80

$12.00 $6.00

$.80

$20.25 $10.13

$.80

$30.75 $15.38

$.80

$45.75 $22.88

$.80

$75.00 $37.50

$.80

$135.75 $67.88


Employee Spouse

Child

$160,000 $80,000

$10,000

$5.60 $2.80

$.80

$5.60 $2.80

$.80

$5.60 $2.80

$.80

$8.80 $4.40

$.80

$12.80 $6.40

$.80

$21.60 $10.80

$.80

$32.80 $16.40

$.80

$48.80 $24.40

$.80

$80.00 $40.00

$.80

$144.80 $72.40


Employee Spouse

Child

$170,000 $85,000

$10,000

$5.95 $2.98

$.80

$5.95 $2.98

$.80

$5.95 $2.98

$.80

$9.35 $4.68

$.80

$13.60 $6.80

$.80

$22.95 $11.48

$.80

$34.85 $17.43

$.80

$51.85 $25.93

$.80

$85.00 $42.50

$.80

$153.85 $76.93


Employee Spouse

Child

$180,000 $90,000

$10,000

$6.30 $3.15

$.80

$6.30 $3.15

$.80

$6.30 $3.15

$.80

$9.90 $4.95

$.80

$14.40 $7.20

$.80

$24.30 $12.15

$.80

$36.90 $18.45

$.80

$54.90 $27.45

$.80

$90.00 $45.00

$.80

$162.90 $81.45


Employee Spouse

Child

$190,000 $95,000

$10,000

$6.65 $3.33

$.80

$6.65 $3.33

$.80

$6.65 $3.33

$.80

$10.45 $5.23

$.80

$15.20 $7.60

$.80

$25.65 $12.83

$.80

$38.95 $19.48

$.80

$57.95 $28.98

$.80

$95.00 $47.50

$.80

$171.95 $85.98


Employee Spouse

Child

$200,000 $100,000

$10,000

$7.00 $3.50

$.80

$7.00 $3.50

$.80

$7.00 $3.50

$.80

$11.00 $5.50

$.80

$16.00 $8.00

$.80

$27.00 $13.50

$.80

$41.00 $20.50

$.80

$61.00 $30.50

$.80

$100.00 $50.00

$.80

$181.00 $90.50


Employee Spouse

Child

$210,000 $105,000

$10,000

$7.35 $3.68

$.80

$7.35 $3.68

$.80

$7.35 $3.68

$.80

$11.55 $5.78

$.80

$16.80 $8.40

$.80

$28.35 $14.18

$.80

$43.05 $21.53

$.80

$64.05 $32.03

$.80

$105.00 $52.50

$.80

$190.05 $95.03

$.80

Voluntary Short Term Disability

Insurance


All Full Time Active Employees are eligible for short term disability benefits. Your coverage begins the first of the month following completion of your waiting period.

Benefits You Receive: Life University now provides short term disability at no cost to regular full time employees. Short-term disability benefits run concurrently with FMLA, LOA, etc. and are available after two weeks of a disability event. Life will pay up to 100% of an employee's wages up to 12 weeks including the use of personal, vacation and banked leave balances. This benefit falls under the same provisions as FMLA and requires proper certification by Guardian.

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Long Term Disability Insurance


All Full Time Active Employees are eligible for long-term disability insurance. Your coverage begins the first of the month following completion of your waiting period. Benefits You Receive:

Life University offers full-time employees with long-term disability income benefits at no cost to the employee. In the event you become disabled from a non work-related injury or sickness, disability income benefits are provided as a source of income. Your disability plans do not cover disabilities due to an occupational sickness or injury.

Employee Pays: $0


Long Term Disability Insurance

Plan Feature Long-Term Disability

Benefits Begin After 90 days

Percentage of Income Replaced 60%

Maximum Benefit $5,000 per month

Maximum Period of Payment Social Security Normal Retirement Age

Pre-existing Condition 3 months look back / 12 months after exclusion

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Flexible Spending Account- eflexgroup

• The plan is administered by eflexgroup • You deposit the amount you elect in the FSA on a pre-tax basis. Money deposited in the account can be used to reimburse yourself deductibles and co-pays in the medical, dental and vision plans. You can also be reimbursed for a list of IRS approved medical related expenses such as over the counter medications (with a physician prescription) and Lasik surgery. If you are enrolled in the Health Savings Account you can only be reimbursed for dental and vision expenses. • You are able to deposit up to $2,500 per year in the medical spending account and $5,000 per year in the dependent spending account. • Deposits into this account MUST be used by year end of you WILL lose it!

(USE IT OR LOSE IT)

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Employee Assistance Plan

• WorkLifeMatters is administered by Integrated Behavioral Health.

Employee Support Services include the following:

• Unlimited telephonic consultation with EAP counselor • State of the art web site featuring over 3,400 helpful articles on topics like wellness, training courses, a legal and financial center and more! • Referrals to local counselors- up to 3 sessions free of charge A referral to a local counselor can assist with topics such as:

• Education • Dependent Care • Lifestyle and Fitness Management • Legal and Financial • Pet Care

www.ibhworklife.com Call 1-800-386-7055 User Name: Matters Password: wlm70101

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http://www.ibhworklife.com/

http://www.ibhworklife.com/

Long Term Care Plan

• Benefits are through UNUM.

• Life University pays $25 towards the cost of monthly coverage.

• Spouses, parents, grandparents, siblings, and children over 18 are also eligible. • Plan covers facility, home care, and community care options with a three year, six year, or unlimited benefit duration. $2,000 to $8,000 monthly benefits are available in $1,000 increments. Inflation protection is also available.

• 60 day wait period with inability to perform at least two activities of daily living.

• Your rate is locked in once the policy is purchased.

• Additional information can be found at https://w3.unum.com/enroll/LifeUniversity/index.aspx

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NO HEALTH INFORMATION REQUIRED! ONE TIME OFFER only available for initial enrollment period. Late Entrants will be required to complete Evidence of Insurability and may be declined coverage due to existing health conditions.

Long Term Care Plan

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Legal Services – Legal Shield

• Legal advice is provided on a group, employee pay all basis by Legal Legal. Sign up through our Legal Shield Representative – Nanette Freiman • Included are toll-free telephone consultations, letter drafting, contract and document review, motor vehicle legal benefits, trial defense benefits and IRS audit consulting. • Other legal services are provided at a discounted rate. • Identity theft protection is also available in conjunction with this program.

Nanette Freiman 770-393-8290 [email protected]

www.nfreiman.legalshield.com

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mailto:[email protected]

http://www.nfreiman.legalshield.com/

EMPLOYEE WEB ENROLLMENT

PlanSource

PlanSource is an employee self-service portal that will allow you to access all the information related to your benefits. You can use any web browser* anywhere in the world to access PlanSource. With PlanSource, you have real time access to all your benefits-related employment information 24 hours a day. Before you begin the enrollment process please make sure you have reviewed the benefit Plan Information provided online. You will need: Benefit Election Decisions All Dependent Information including date of birth and social security number Logging On To access the site, point your web browser to www.plansource.com and select Login- PLANSOURCE: BENEFITS ONLY. Employees who have established a login and password will continue to use that same password. Your user name will be your Company Email Address. Next you will enter your password. The first time you log in to the site your password will be your date of birth in numeric format without any slashes, YYYYMMDD.

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http://www.bing.com/images/search?q=Benefit+Open+Enrollment&view=detail&id=1D2B4839673D0B27DB7B8251D0894122BD3083DE

http://www.plansource.com/

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MISCELLANEOUS ITEMS

Life Events: Examples of commonly defined Life Status Events may include: • Marriage • Divorce or legal separation • Adoption or birth of a child • Employment Status • Spouse gains or loses employment • Death of a spouse or dependent • Eligible for Medicare • Leave of Absence To make a change in coverage due to a Life Status Event, documentation is required within 30 days of the qualifying event. The change is most often effective on the date of the event. Voluntary Life Insurance and TransAmerica: • EOI (Eligibility of Insurance) and medical history are to be submitted to Human Resources within 30 days,

otherwise additional coverage will be denied and removed from PlanSource. • Domestic partner is covered under the TransAmerica plans.

FYI to Faculty and Staff: Please do not assume that we get the same correspondence that you receive from the carrier. If you receive information you believe to be in error, please contact HR and forward this information immediately.

The information in this Benefits Summary is presented for illustrative purposes and is based on information provided by the employer. The text contained in this Summary was taken from various summary plan descriptions and benefit information. While every effort was taken to accurately report your benefits, discrepancies or errors are always possible. In case of discrepancy between the Benefits Summary and the actual plan documents, the actual plan documents will prevail. All information is confidential, pursuant to the Health Insurance Portability and Accountability Act of 1996. If you have any questions about this summary, contact Human Resources.

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life university - benefits overview

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