NEW EMPLOYEE BENEFITS ORIENTATION PLAN YEAR

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Maximilian Todd
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1 NEW EMPLOYEE BENEFITS ORIENTATION PLAN YEAR

2 Overview Of Benefits Employer Contribution Eligible Dependents Enrollment Health Dental Vision Premiums Life Accidental Death & Dismemberment Long Term Disability Flexible Spending Accounts Retirement Benefits

3 Employer Contribution Amount is decided by the Texas State Legislature and is subject to change with each session. The employer contribution will begin on the first of the month following your 60 th day of employment.

4 Employer Contribution Amount of employer contribution: Full-time employees $593 - $989 monthly depending on dependents being covered. Part-time employees $294 - $492 monthly depending on dependents being covered.

5 Eligible Dependents Spouse Children Up to age 26 can be covered under health, dental, vision and dependent life Grandchildren Must live in your household and meet age criteria

6 Verification of Dependents Documentation for each dependent will be required. Spouse: Your most recent Federal Tax Return (fiscal information can be crossed out) OR Marriage Certificate AND Proof of Joint Ownership. A bank statement or auto insurance card which must included both the employee s name and the spouse s name. Children: Birth Certificates

7 Benefit Enrollment Enroll online through WORKDAY in Single Sign On. This must be completed within 60 days of your hire date. After 60 days, the computer is programmed to default you into the A&M Care Plan with a Tobacco User status. If you want coverage to begin right away, you will pay the total monthly premium until your employer contribution date. For this option, you must contact the Benefits Office. To enroll your dependents, you will need to upload the required documentation.

8 NOTE TO GRAD ASSISTANTS You are eligible for the Grad Student Health plan. You must go to Workday and enroll it will NOT be automatic. You only have 60 days to complete the enrollment. MONTHLY PREMIUMS: Employee Only = $37.00 Employee + Spouse = $74.00 Employee + Child(ren)$ Employee + Family = $265.67

9 Health Insurance Options A&M Care Plan A&M Care J Plan Restricted to employees with a J-1 or J-2 Visa Grad Student Plan Restricted to grad student job titles

10 A&M Care Plan BlueCross BlueShield Network Deductible:$400 per person per year (up to $1200 for the family) Out of pocket max:$5000 per person (does not include $400 deductible) Office visit copays: $20 primary care $30 - specialists Surgery 20% after the deductible is met

11 Eye exam (only) is included with a $30 copay. Physical Therapy most cases will be 20% after you meet the deductible. PRESCRIPTIONS (ExpressScripts) Deductible - $50 per person per year. $10 generic $35 brand name Mail order prescriptions are available for lower co-payments.

12 A&M Care J Plan Only for employees with J-1 or J-2 visa Deductible is $400 person (up to $1200 for the family) 20% coinsurance All other provisions are the same as the A&M Care Plan Premiums are higher than A&M Care Plan

13 Grad Student Plan BlueCross BlueShield Network (For Grad employees only) Deductible is $350/ person / year Out of pocket max is $6600 (includes medical and prescription copayments) Office visit copays $35 Surgery - 20% after deductible is met PRESCRIPTIONS $15 generic $30 brand name

14 Dental Insurance Options A&M Care PPO DeltaCare HMO (restricted coverage areas)

15 A&M Dental PPO Delta Dental Network Greater list of providers 3 free cleanings per year $75 Deductible Basic care is covered at 80% Restorative care is covered at 50% Maximum the plan will pay is $1500 per person per year

16 DeltaCare HMO DeltaCare USA Network Restricted eligibility may not have dentists in your area Initially you will be assigned to a dentist Premiums are lower due to restrictions No deductible / No maximum Coverage will have preset fees.

17 Vision Insurance Superior Vision Use a network provider for maximum benefits $10 for exam Covers frames + lenses or contact lenses If you need both glasses and contacts, benefits will pay for one then you ll receive a discount for the other.

18 To Search for Providers Go to Website: Dental Find a Dentist For A&M Dental = Choose DELTA PREMIER For Delta HMO = Choose DELTACARE HMO Vision Choose Superior National

20 Waiving Health Coverage If you have other health coverage, you can waive the employee health coverage and use half of the employer contribution to pay for: Alternate basic life insurance Accidental death & dismemberment insurance Dental Vision Long Term Disability

21 Life Insurance Basic Life - $ free when you enroll in a health plan. Optional Life multiples of your salary. Dependent Life for eligible dependents. Premiums are based on amount and age.

22 Accidental Death & Dismemberment Choose multiples of $10,000 up to $250,000. Choose employee or family coverage If your annual salary is more than $25,000, you can enroll up to 10 times your salary with a maximum of $800,000. ibenefits will have your salary information to guide you on the limits.

23 Long Term Disability Optional coverage that provides income in the case of a disability 65% of salary. If you cannot work due to an illness or injury, benefits will be paid after 90 days of disability. Premium rates are base on your salary.

24 Flexible Spending Accounts Pretax accounts for health or daycare expenses Healthcare Spending Account: Maximum contribution - $2600 (per person) Debit Card available DayCare Spending Account: Maximum contribution - $5000 (per family)

25 Mandatory Retirement Plans Teacher Retirement System (TRS) Defined Benefit Plan TRS controls investments Automatic enrollment Current contribution amount: 7.7% employee 6.8% employer

26 Mandatory Retirement Plans Optional Retirement System (ORP) Only certain job titles are eligible for ORP Defined Contribution Plan 403(b) You manage your investments Current contribution amount: 6.65% employee 6.6% employer

27 Voluntary Retirement Plans Tax Deferred Account (TDA) Traditional or Roth Minimum of $25 per month Texa$aver Deferred Compensation Plan (DCP) Traditional DCP or Roth Minimum of $20 per month

28 Website: Workday Single Sign On sso.tamus.edu Enroll your dependents and upload documentation Select your insurance coverages Designate beneficiaries as needed Click on SUBMIT to finalize your choices This must be completed within 60 days of your hire date. After 60 days, the computer is programmed to default you into the A&M Care Plan with a Tobacco User status.

29 Contact Information Benefits Office 979/ Vicki Welch 979/

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