2. Medical Plan Options
VEBA $1200
VEBA $1850
MinimumValue Plan withVEBA
Double Gold – this plan has been closed to new enrollment
*All of our plans allow employees to self-refer for services.
However, some services may require prior authorization for coverage.*
3. VEBA $1200
• High Deductible Plan with Health Reimbursement
Arrangement
• VEBA (or HRA) is fully funded by district
• Embedded Deductible
• Automatic Crossover
• Be aware of deposit schedule
• BestValue for high consumers of benefits
• Estimated annual out of pocket costs: $0.00
4. VEBA $1850
• Higher Deductible Plan with Health Reimbursement
Arrangement
• VEBA (or HRA) is funded from the district at the same
levels as the $1200 plan
• Embedded Deductible
• Automatic Crossover
• Be aware of deposit schedule
• BestValue for lower consumers of benefits
• Estimated annual out of pocket costs:
$650 single/$1300 family
5. MinimumValue Plan
• Highest deductible plan withVEBA
• Embedded Deductible
• Automatic Crossover
• Be aware of deposit schedule
• Best value for minimal consumers of benefits
• Estimated annual out of pocket costs:
$3644 single/$6946 family
6. Employee Plan Cost Comparison
2016/2017 Rates
Total
Monthly
Cost
Employee
Per Check
Amount
Employee
Monthly
Contribution
Employee
Annual
Premium
Cost
Active Employees - .75 FTE or greater
Single DoubleGold 774.50 60.75 121.50 1458.00
Family Double Gold 2067.50 224.75 449.50 5394.00
SingleVEBA $1200 721.50 34.25 68.50 822.00
FamilyVEBA $2400 1861.00 121.50 243.00 2916.00
SingleVEBA $1850 681.50 14.25 28.50 342.00
FamilyVEBA $3700 1752.00 67.00 134.00 1608.00
Single MinimumValue Plan w/VEBA 653.00 0.00 0.00 0.00
Family MinimumValue Plan w/VEBA 1618.00 0.00 0.00 0.00
7. Dental Coverage
• No change in premiums this year
• Plan changes:
• Annual plan limit increased to $1500 per person
• No lifetime limit on periodontal services
• Preventative & diagnostic services are covered 100%
• Oral exams are covered twice in a coverage year
• Plan year July - June
• Includes $1000 per person lifetime maximum Orthodontic
coverage ages 8-19
• PPO & Premier Networks
• PPO dentists recommended
8. Flex Spending Accounts
• Dependent Care
• Tax savings
• Up to $5000 combined annual benefit
• Reimbursement after account is funded
• Medical Flex Spending
• Tax savings
• Up to $2550 annual benefit
• Reimbursement before account fully funded
• $500 carryover to next plan year allowed
• Must be used by end of second plan year
• Works in conjunction withVEBA
9. ShortTerm Disability
• Employee voluntary post-tax benefit
• Premium based on salary and age
• Maternity coverage
• Coordinates with LTD
• 10% minimum participation required
• If not achieved during this plan year, will be discontinued in 2017
10. Life Insurance Options
• District paid base policy
• Amount determined by contracts
• Highly recommended for you to designate beneficiary
• Employee paid voluntary coverage
• Employee to $300,000
• Spouse to max of $50,000 – half of employee policy
• Dependent
• Child
11. A D & D
• Inexpensive additional coverage
• For employee and family
• Pays in addition to other coverage you may have
12. Deferred Comp
• All employees eligible to participate
• District match based on contract
• Can change election amount and vendor at any time
• Not part of the open enrollment process
• 3 approved vendors for 403(b) and Roth 403 (b)
• District match not taxable until drawn
• Minnesota Deferred Comp 457
• District match taxable to FICA at time of contribution
13. Vision
Two Plans Offered thru Ameritas
• Low Plan:Vision Perfect
• Open Access, Reimbursement Plan
• EyeMed Discounts
• High Plan: Focus
• VSP Network, Insurance Plan
14. Group Legal
Assistance for non-criminal matters offered thru LegalShield
• $18.95 per month
• Post tax
Estate Auto
Family Home
Financial
15. IdentityTheft Relief
Three options:
• Recovery assistance via AMT Consumer Services
• Monitoring and recovery support via BCBS and Experian
• Protection and Restoration via IDShield
Per Check
Deduction
Monthly Cost
Individual $ 4.48 8.95
Family – Self, Spouse and up to 8
dependents to Age 18
$ 9.48 18.95
16. Other Benefits
• TRA
• PERA
• Employee Assistance Program
• HearPO Discounts
• Fitness Discounts
• Alternative Care Discounts
• LASIK Discounts
• Various Discounts for Government Employees
