Administrative, maintenance, support and faculty members may participate in health benefits or receive a cash-in-lieu payment. Vision, dental, life and LTD are provided for all employees in these groups. Part-time employees’ costs are pro-rated and coverage is effective on the employee’s hire date. Qualifying events (i.e. change in hours, loss of other coverage, or change in dependents) allow for a change in benefit elections within a thirty day time period from the date of the event. Please notify human resources (ext. 2369) of possible qualifying events within the thirty day time period, if not sooner, for further information.
Administrative, Maintenance and Support Staff
Dental and Vision
Plan Year for Dental and Vision runs from Jan. 1 – Dec. 31.
Health Savings Account (HSA)
The amount that individuals may contribute annually to their health savings accounts (HSAs) for self-only coverage is $3,400. For HSAs linked to two-party or family coverage, the contribution cap for 2018 is $6,900.
In Revenue Procedure 2017-37 issued May 4, the IRS provided the inflation-adjusted HSA contribution limits effective for calendar year 2018, along with minimum deductible and maximum out-of-pocket expenses for the high-deductible health plans (HDHPs) that HSAs must be coupled with.