2015 Open Enrollment

Meetings

Health, Dental, Flexible Spending,

Voluntary Life Insurance, Ancillary Benefits

April 2015

Agenda

• Campus Clinic

• Medical Plans

• Dental Plan

• Flexible Spending/ Health Savings Accounts

• Health Care Reform Update

• Vision Benefit

• Life, AD&D, and LTD

• Voluntary Life

• New Enrollment Tool for Next Year

• Retirement Benefits

• Legal Shield

• AFLAC Products

• ADP iPay

• United Way

• Q&A

Campus Clinic

• 1st Annual Employee Benefits Survey – distributed November, 2014 -

57% Participation Rate

• Question regarding Campus Clinic - 85.3% Yes

• Peterson Medical Associates

• On-site clinic serving Students, Faculty, Staff and SU Families

• Beginning August 1, 2015

• Office Hours: 8:00am – 5:00pm, Monday-Friday

Campus Clinic • Convenient Care

• On-site testing for minor illness

• Wellness component

• Accepting Medicare

• Discounted Cash Pricing (non-insured)

• Collaboration with Primary Care Providers

• Immediate care for Workers’ Comp Injuries

• Peterson Urgent Care: After hours urgent care

coming soon!

Open Enrollment

• Open Enrollment starts on April 8, 2015 and ends on

May 15, 2015

• Any changes to health, dental, vision, etc. need to

be submitted prior to the end of the open

enrollment period.

Medical Plans PLAN PROVISIONS 70/30 Consumer Plan HDHP 2600

Co-pay No No

1st dollar coverage Employee Employee

Deductible Yes; low Yes; high limit set by IRS

Flexible Spending Account Yes No

Health Savings Account No Yes

Network In Network In Network

PLAN DESIGN

Physician Visit 30% after deductible 10% after deductible

Deductible

Individual $500 $2,600

Family $1,000 $5,200

Hospitalization 30% after deductible 10% after deductible

Preventive Care Schreiner pays 100% Schreiner pays 100%

Emergency Room 30% after deductible 10% after deductible

Out-of-Pocket Max –including deductible

Individual $5,000 $5,000

Family $12,500 $10,000

Prescription Drugs

Retail / Mail Order 1-3 months/3 months 1-3 months/3 months

Generic 30% after deductible 10% after deductible

Preferred 30% after deductible 10% after deductible

Non-Preferred 30% after deductible 10% after deductible

Medical Plans

4-Tier Pricing 70/30 HDHP 2600

Employee Only $141.70 / month $132.00 / month

Employee + Spouse $283.40 / month $261.60 / month

Employee +Child(ren) $269.24/ month $247.44 / month

Employee + Family $425.10/ month $392.40 / month

Dental Plan

• There will be no changes to dental benefits.

• You can go to any dental provider, no network.

• Deductibles and out of pocket maximums will restart June 1, 2015.

• You will have one ID card for Medical, Prescription, and Dental.

• You may enroll in Dental coverage without enrolling in Medical coverage.

Dental Plan Pricing 4-Tier Pricing Total Premium Employee Contribution

Employee Only $28.72 / month $13.72 / month

Employee + Spouse $55.40 / month $40.40 / month

Employee +Child(ren) $65.24 / month $50.24 / month

Employee + Family $100.14 / month $85.14 / month

Changes to coverage pricing only; Schreiner will continue to underwrite $15.00 per month

per enrolled employee; no changes to plan provisions

Flexible Spending Account

• The maximum pledge amount increases to $2,550 for a Health Flexible

Spending Account (FSA) and $5,000 for dependent care FSA. The plan

year will be from June 1, 2015 – May 31, 2016.

• Carryover of $500 will be allowed for use in to the next plan year. Use-it-or-

lose-it for any remaining balance exceeding $500 at the end of the Plan

year.

• Please see Human Resources to complete your flex election form by May

15, 2015.

• Flexible Spending Accounts are a great way to pay for anticipated medical

expenses with Pre-Tax dollars.

• Check your balances online at https://www.wealthcareadmin.com/Participants/login.aspx

•

Health Savings Account

• The annual maximum contribution has increased to $3,350 for a Health

Savings Account (HSA) for an individual and $6,650 for a family.

• $1,000 HSA Catch-up contribution – Age 55 or older

• If you are currently enrolled, you do not need to do anything at this time,

unless you want to increase your monthly contribution.

• Reminder: You can change your HSA contribution at anytime by notifying

payroll of the increase or decrease, but always keep in mind the annual

maximum

• Your HSA Account is a great way to save for future medical expenses with

Pre-Tax dollars.

Healthgram Member Portal • www.healthgram.com

• Click on “Account Login” and “Members”

• Login with username and password, or click “Need to Register?”

Healthgram Member Portal

Health Plan Tab

• Across the top tab

menu, access to

eligibility, claims,

prescriptions,

deductibles, accounts,

and other documents

are available.

Healthgram Member Portal Health Record Tab

• Your Personal Health

Record securely houses

and organizes all medical

and Rx information so that

your health is truly in your

hands.

• Your most recent lab results

are provided with red,

yellow, and green light

indicators to show your risk

level

• Prevention Care shown at

the bottom right of the page

indicates preventive

services that are complete

or incomplete.

Healthgram Member Portal

Resources Tab

• The resources tab gives

you access to our

comprehensive health

library where you’ll find

articles about common

health conditions to help

you get and stay well.

Health Care Reform Update Employer Mandate

• Requirements and regulations for employers with 100 or more full-

time employees:

o Adequacy – must offer one plan with an actuarial value of at least 60%

o Affordability – premiums for employee only coverage for the lowest cost

adequate plan must not exceed 9.5% of family income

o Excise (Cadillac) Tax in 2018 – employer tax on health plan costs that exceed

at certain threshold in 2018

• Lots of uncertainty regarding this rule now that there is a new congress

and there will be a new President prior to going into effect

o Plan Design Provisions – requirements that plans adopt various provisions

• Schreiner University continues to be compliant in all areas

Health Care Reform Update Individual Mandate

• Still in effect for 2015

• Effective January 1, 2014, each individual must have

minimum essential coverage, or

o Qualify for an exemption

o Make a payment when filing federal income tax return

• Applies to individuals of all ages, including children

Health Care Reform Update

The penalty for not obtaining coverage will be phased in over a 3-

year period, and is the greater of two amounts

o2014 – $95 or 1% of income

o2015 - $325 or 2% of income

o2016 - $695 or 3% of income

18

Vision

• Effective June 1, 2015 new partnership with EyeMed, Insight

• Enhanced benefits including:

• Exams - $10.00 Copay

• Frame Allowance - $150.00, 20% of remaining balance

• Lenses – Single – Bifocal – Trifocal – $25.00 Copay

• Contact Lenses - $150.00 allowance

• Progressive Lenses Copay per fixed price list

• Expanded Network – LensCrafters, Target, JCPenney Vision,

Vision Plan Pricing

4-Tier Pricing

Previous Employee

Contribution

New Employee

Contribution

Employee Only $ 6.04/ month $ 5.94/ month

Employee + Spouse $ 12.08/ month $ 11.98/ month

Employee +Child(ren) $ 11.09/ month $ 11.04/ month

Employee + Family $ 18.04/ month $ 17.94/ month

Basic Life and AD&D

• Coverage provided by Principal Financial Group

• Current Benefits Include:

o Basic Life and Accidental Death and Dismemberment (AD&D) insurance is a plan that is 100% Employer paid. The plan covers eligible employees for One times your basic annual earnings to a maximum of $100,000 with a minimum of $25,000.

o Upon termination of employment, life insurance is portable, or can be converted to an individual policy.

Long Term Disability

• 60% of your monthly earnings to a maximum of $7,000 per month

• Minimum is the greater of $100 or 10% of monthly income loss

• 2 Year Own Occupation with Any Occupation after that

• Elimination Period is 90 days

• Benefit Duration to Social Security Normal Retirement Age

Voluntary Life Coverage • Coverage provided by Principal Financial Group • Current Benefits Include:

o Employee coverage - includes $10,000 increments to a maximum

of $500,000, not to exceed 5 times annual earnings.

o Spouse coverage - includes $5,000 increments up to a maximum

of $100,000.

o Employee must enroll in supplemental life and have 50% more

coverage to allow dependents to be eligible for coverage.

o Child coverage - $5,000 or $10,000 • Child coverage starts on day 1 and ends at age 26.

Voluntary Life Coverage • During Annual Enrollment – you now have the opportunity to update or

increase Voluntary Life coverage for you and your dependents.

• Employees and Spouses are allowed a 1 increment increase without

medical evidence as long as it does not exceed the guaranteed issue

amount.

• Any increases over 1 increment or over the guaranteed issue amount will

require medical evidence.

• Guaranteed Issue Amounts at time of employment are:

o $200,000 for Employee

o $50,000 for Spouse

o $10,000 for Children

• Upon termination of employment, Voluntary life insurance may either be

converted or ported to an individual policy.

Voluntary Life Coverage Rates • Supplemental Life Rates

Employee & Spouse

<25 $0.590/$1,000 50-54 $0.280/$1,000

25-29 $0.590/$1,000 55-59 $0.489/$1,000

30-34 $0.590/$1,000 60-64 $0.681/$1,000

35-39 $0.840/$1,000 65-69 $1.270/$1,000

40-44 $0.117/$1,000 70-74 $2.068/$1,000

45-49 $0.174/$1,000 75> $2.068/$1,000

Child: $0.19/ Per $1,000 Unit

New Enrollment Tool • Open enrollment for this year will proceed as it did

last year.

• Any changes after June 1, 2015 (new hires,

qualifying events, etc) will be made via a new

benefit platform

• My Benefit Basket o Single website to log into and make changes/enroll in coverage

o Decision support tool will customize suggested plan options for

each individual

o Cost transparency both in terms of premiums and out-of-pocket

expenses

Retirement Benefits • Schreiner University offers 403(b) retirement plan options through

TIAA-CREF and Lincoln Financial.

• Employees are eligible for the employer match of 6% after first year

anniversary, only if the employee is contributing a minimum of 4%.

• Employees are vested immediately.

• The employee may contribute from first date of employment.

• Employees may begin, change, or stop contributions at any time.

• TIAA-Cref enrollment is all online.

• Lincoln Financial enrollment is paper form with online access.

• IRS limitations for 2015 - $18,000 plus an additional $6,000 catch-up

for participants age 50 and older.

43 Years providing Financial Services to the Texas Hill Country

23 years providing Lincoln 403(b) benefits to Schreiner University

Three Financial Advisors to assist you

Easily Accessible

Retirement savings made easy

625 Sidney Baker St. Kerrville, Texas 78028

As of 12/31/2014

Organized in 1905

Total years providing 403(b) Retirement Services: 47

Total years providing Deferred Contribution Plans: 65

Total years providing Retirement Services for Schreiner University: 23

Financial Ratings: A.M. Best – A+ ; Fitch - A+ ; Moodys – A1

LegalShield

Identity Theft Plan

LegalShield Pricing

Products

• Short-term Disability

• Accident Coverage

• Cancer Coverage

• Critical Care and Recovery (Heart Attack/Stroke)

• Hospital Advantage

• Contact Human Resource Services for product and pricing info

ADP – iPay • Coming this summer – paperless paychecks!

• Quick, Easy and Secure Online Access to Payroll

Information by using ADP’S secure Web site.

• Available 24/7.

• Internet access and a Web browser is all that is

needed to access current and historical payroll

information.

• View, save & print images of paychecks and W-2’s.

• View paystubs up to 24 hours prior to pay date.

• Access payroll history.

KERR COUNTY

UNITED WAY

Serves the people of Kerr

County by reaching out

to those in need.

Improves lives through

the caring power of

communities to advance

the common good.

Your donation helps friends & neighbors

through these agencies:

• American Red Cross

• Any Baby Can

• Art2Heart

• Big Brothers Big Sisters

• Boy Scouts of America

• Christian Assistance Ministry

• Christian Men’s Job Corps

• Christian Women’s Job Corps

• Dietert Center

• Families & Literacy, Inc.

• Girl Scouts of Southwest Texas

• Hill Country Arts Foundation

• Hill Country CARES

• Hill Country CASA

• Kerr County 4-H

• Kerr County Child Services

Board

• K-Star

• Kerrville Citizen Police

Academy

• Kerr County Mental Health

Center Advisory Board

• Kerr County YMCA

• New Hope Counseling Center

• The Pregnancy Resource Center

• The Salvation Army

Because of you, we can:

• feed the hungry,

• teach someone to read,

• provide clothing,

• provide shelter,

• provide dental care,

• teach life skills,

• provide low cost child care,

• meet critical needs of abused/neglected children,

• help the elderly.

Every dollar

counts.

GIVE – ADVOCATE - VOLUNTEER

Questions?